# RTB DIGITAL, INC. (RTB) · Edgar & Edgarette company card

> Rtb Digital (RTB) saw revenue fall 38.7% in FY2025 to $11 million, operating margin -118% against a 6.5% median for management consulting services, equity 5.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1419275 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/RTB) · [JSON](https://www.pops4.com/boards/company/RTB.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $11M |
| Revenue growth, 1 year | -38.7% |
| Revenue growth per year | -19.3% |
| Operating margin | -118.1% (prior year -149.9%) |
| Net margin | -157.5% |
| Operating cash flow | −$23M |
| Capital spending | $79,000 |
| Free cash flow | −$23M |
| Cash | $7M |
| Long-term debt | — |
| Total assets | $13M |
| Total equity | $668,000 |
| Equity ÷ assets | 5.1% |
| Return on equity | -2623.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -55.13 (distress zone)
- Piotroski F: 3 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed late annual report notice in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -118.1% in FY2025; revenue is hard to predict: its 80% range is ±88%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $11.1M (FY2025). Experience: revenue down 38.7% on the year, down 19.3% a year over 4 years; operating margin -118.1%, up from -149.9%. Soundness: equity 5.1% of assets, return on equity -2623.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.8M and $28.8M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.5M to $35.1M. A statistical range, not company guidance. Against peers (17 filers, $50M+ revenue, services-management consulting services): operating margin -118.1% against a 6.5% median; growth -38.7% against 4.2%.

Range logged 2026-09-25, receipt ec4c895d9a71526d, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-03-31 ([filing](https://www.sec.gov/Archives/edgar/data/1419275/000118518526001181/0001185185-26-001181-index.htm))
- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-04-29 ([filing](https://www.sec.gov/Archives/edgar/data/1419275/000118518526001602/0001185185-26-001602-index.htm))
- Item 5.02 Director or officer change: 6, latest 2026-10-06 ([filing](https://www.sec.gov/Archives/edgar/data/1419275/000118518526004599/0001185185-26-004599-index.htm))

## Recent filings

- 8-K · filed 2026-10-06 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1419275/000118518526004599/0001185185-26-004599-index.htm)
- 8-K · filed 2026-10-02 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1419275/000118518526004543/0001185185-26-004543-index.htm)
- 8-K · filed 2026-09-22 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1419275/000118518526004208/0001185185-26-004208-index.htm)
- 8-K · filed 2026-09-22 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1419275/000118518526004189/0001185185-26-004189-index.htm)
- 8-K · filed 2026-09-18 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1419275/000118518526004171/0001185185-26-004171-index.htm)
- 8-K · filed 2026-09-18 · 7.01 Regulation FD Disclosure; 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1419275/000118518526004134/0001185185-26-004134-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001419275.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1419275

## Cite

POPS4, Edgar & Edgarette: RTB DIGITAL, INC. (RTB) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/RTB. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

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.