Mineralrite $RITE Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up MINERALRITE CORPORATION ($RITE). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-10-02. 8 event filings (8-K) in the past twelve months. Non-reliance (8-K Item 4.02) filed 2026-05-27.
🔖 Exposure: revenue $5K (FY2024). Experience: revenue down 98.7% on the year, down 32.8% a year over 11 years; operating margin -7332.3%, down from -391.1%. Soundness: equity 97.9% of assets, return on equity 0.2%. Credibility: 2 audited years, little weight, marked down from moderate: on 2026-05-27 the company said earlier statements should no longer be relied on (8-K Item 4.02), and no 10-K has been filed since. Range: 80% of past cases like this landed between $1K and $2K next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (10 filers, $50M+ revenue, its industry group): operating margin -7332.3% against a -0.9% median; growth -98.7% against 19.4%.
Cash
| Cash flow (op · inv · fin · free) | −$0M · — · $0M · — |
| Investment book (cash · short · long) | $0M · — · — · current ratio 0.00 |
The figures, as filed
| Fiscal year end | 2024-12-31 |
| Revenue | $0M |
| Revenue, on the year | −98.7% |
| Revenue, a year over the record | −32.8% |
| Operating margin | −7332.3% |
| Operating margin, prior year | −391.1% |
| Net margin | 7935.2% |
| Research and development | $0M · 204.7% of revenue |
| Total debt | — |
| Equity of assets | 97.9% |
| Return on equity | 0.2% |
| Payout of profit | — |
| Dividend per share | — |
| Earnings per share | $0.000089 |
| Book value per share | $0.04 |
| Revenue per share | $0.00 |
| Shares outstanding | 5,953,338,005 |
| Audited years read | 2 |
Peers: the median of 10 filers with $50M+ revenue in miscellaneous metal ores.
Health HarborMineralrite sails as: Old boat
Health watch · 12 monthsEarlier statements no longer to be relied on
No growth figure to set the speed.
🌊 Visit the Bay →- filed earlier statements no longer to be relied on in the last 12 months
- operating cash flow was negative (-$306K in FY2025)
- revenue is hard to predict: its 80% range is ±28%
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-10-02 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 3.02 Unregistered Sales of Equity Securities; 5.07 Submission of Matters to a Vote of Security Holders; 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-08-07
- 8-K · 2026-05-27 · 4.02 Non-Reliance on Previously Issued Financial Statements; 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 8-K · 2026-05-07 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-05-05
- 8-K · 2026-04-21 · 7.01 Regulation FD Disclosure; 8.01 Other Events; 9.01 Financial Statements and Exhibits
Its latest audited year is FY2025, which reports no revenue; the revenue figures and the range here are from FY2024, its last year with revenue on record. Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company