# REBORN COFFEE, INC. (REBN) · Edgar & Edgarette company card

> Reborn Coffee (REBN) grew revenue 36.5% in FY2025 to $8 million, operating margin -71.6% against a 4.3% median for eating  places, equity 35.2% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1707910 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/REBN) · [JSON](https://www.pops4.com/boards/company/REBN.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $8M |
| Revenue growth, 1 year | 36.5% |
| Revenue growth per year | 37.3% |
| Operating margin | -71.6% (prior year -77.9%) |
| Net margin | -112.9% |
| Operating cash flow | −$7M |
| Capital spending | $51,195 |
| Free cash flow | −$7M |
| Cash | $3M |
| Long-term debt | $500,000 |
| Total assets | $13M |
| Total equity | $5M |
| Equity ÷ assets | 35.2% |
| Return on equity | -196.8% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -9.88 (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, late quarterly report notice in the last 12 months; operating cash flow was negative; operating loss: a margin of -71.6% in FY2025; revenue is hard to predict: its 80% range is ±45%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $8.1M (FY2025), total debt $500K. Experience: revenue up 36.5% on the year, up 37.3% a year over 4 years; operating margin -71.6%, up from -77.9%. Soundness: equity 35.2% of assets, return on equity -196.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $6.6M and $17.6M next year (method v4.1: its own 4-year record of growth weighed at 50% 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 $6.2M to $18.9M. A statistical range, not company guidance. Against peers (31 filers, $50M+ revenue, retail-eating  places): operating margin -71.6% against a 4.3% median; growth 36.5% against 4.7%.

Range logged 2026-09-29, receipt ff53bf424923cc00, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-04-01 ([filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026038007/0001213900-26-038007-index.htm))
- Item 3.01 Exchange listing notice or transfer: 4, latest 2026-09-22 ([filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026102200/0001213900-26-102200-index.htm))
- Item NT 10-Q Late quarterly report notice: 3, latest 2026-08-14 ([filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026089821/0001213900-26-089821-index.htm))
- Item 5.02 Director or officer change: 5, latest 2026-09-10 ([filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026098812/0001213900-26-098812-index.htm))

## Recent filings

- 8-K · filed 2026-10-22 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026111434/0001213900-26-111434-index.htm)
- 8-K · filed 2026-09-22 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule · [filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026102200/0001213900-26-102200-index.htm)
- 10-Q · filed 2026-09-14 · [filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026099791/0001213900-26-099791-index.htm)
- 8-K · filed 2026-09-10 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026098812/0001213900-26-098812-index.htm)
- 8-K · filed 2026-09-02 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026096775/0001213900-26-096775-index.htm)
- 8-K · filed 2026-08-12 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1707910/000121390026087943/0001213900-26-087943-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001707910.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1707910

## Cite

POPS4, Edgar & Edgarette: REBORN COFFEE, INC. (REBN) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/REBN. 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.