Trade Ricebran Tech - RIBT CFD

Ricebran Tech Company profile

About RiceBran Technologies

RiceBran Technologies is a specialty ingredient company. The Company is focused on milling rice and other small grains and producing, processing and marketing value-added healthy, natural and nutrient dense products derived from these grains. The Company is engaged in converting raw rice bran into stabilized rice bran (SRB) and value derivative products including: RiBalance, a complete rice bran nutritional package derived from further processing of SRB; RiSolubles, a nutritious, carbohydrate and lipid rich fraction of RiBalance; RiFiber, a protein and fiber rich insoluble derivative of RiBalance; and ProRyza products, which includes derivatives composed of protein and protein/fiber blends. Its products include Food Ingredients Animal Nutrition, and Rice Bran. Food Ingredients include meats, cereals, snacks, beverages, baked goods, breading, and batters.

Financial summary

BRIEF: For the nine months ended 30 September 2021, RiceBran Technologies revenues increased 19% to $23.1M. Net loss decreased 64% to $3.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Selling, general and administrative e decrease of 24% to $5M (expense), Other expense decrease of 51% to $55K (expense).

Equity composition

Common Stock no Par, 04/11, 350M auth., 192,967,680 issd. Insiders & stakeholders own 10.08%. 11/03, 1:10 Reverse Stock Split. 11/13, 1-for-200 Reverse stock split.