RFIL R F INDUSTRIES LTD

Overview and Growth

R F INDUSTRIES LTD generated $80.59M of revenue in fiscal 2025, with net income of $75.00K and an operating cash inflow of $4.58M. At $80.59M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 24.3% above fiscal 2024 revenue of $64.86M, marking a year-over-year increase. On a per-share basis, diluted EPS was $0.01, which connects the reported earnings outcome with the company’s diluted share count. The company employed $73.05M of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 1.1x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After reported cost of revenue, the company retained $26.74M as gross profit before recognizing operating expenses and other items. Gross margin was 33.2%, so that share of each revenue unit remained after the cost of revenue reported for the period. The reported operating result was $1.78M, capturing profitability after direct costs and the operating expenses reflected in the statements. Relative to revenue, operating income represented 2.2%, showing how efficiently sales converted into operating profit. After all reported below-operating-line items, the company recorded net income of $75.00K for the fiscal year. The final earnings result represented 0.1% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $813.00K, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Measured against revenue, pretax income equaled 1.0%, adding a pre-tax profitability layer between revenue and net income. Income tax expense totaled $738.00K, providing the reported tax component that separates pretax and after-tax earnings. The income-tax provision equaled 90.8% of pretax income, showing the tax burden absorbed by the year’s earnings. Net income equaled 0.2% of period-end equity, showing the earnings generated on shareholders’ book capital. Net income represented 0.1% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

At period end, the $73.05M asset base was financed through $37.84M of liabilities and $35.20M of equity. At period end, current assets of $34.97M compared with current liabilities of $20.90M, defining the company’s short-term resource position. The current ratio was 1.67x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. The company held $5.08M in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 24.3% of current liabilities, showing how much near-term coverage came from cash alone. Relative to total assets, liabilities measured 51.8%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 7.0%, comparing reported cash and equivalents with the full positive asset balance. Compared with $71.05M in fiscal 2024, the current asset base moved 2.8% and finished higher. Against $34.07M of equity in fiscal 2024, the current book-equity balance moved 3.3% and ended higher.

Cash Flow and Earnings Quality

The company reported $4.58M of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 61.05x of net income, showing how strongly accounting earnings converted into cash from operations. Capital spending was $235.00K, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 5.1% of operating cash flow, quantifying the share of cash from operations directed to investment. Free cash flow came to $4.34M, leaving a positive amount after capital expenditures. Relative to revenue, free cash flow equaled 5.4%, showing how much sales converted into cash after investment. The free-cash-flow-to-assets relationship was 5.9%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Oct 31, 2025. Analysis generated Oct 21, 2026.