RVeloCITY, Inc. (RVGO)

RVeloCITY was planning to go public, but the IPO was withdrawn on Mar 4, 2024.

IPO Price Range

$4.00 - $5.00

Shares Offered

3,750,000

Deal Size

$16.88M

RVeloCITY Financials Overview

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Revenue & Profits

Fiscal Year	TTM	FY 2021	FY 2020
Period Ending	Aug '22 Aug 31, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Revenue	0.36	0.34	0.13
Revenue Growth	-	152.99%	-
Gross Profit	-0.29	-0.08	-0.01
Operating Income	-7.81	-3.54	-2.68
Net Income	-7.71	-3.43	-2.71

Cash & Debt

Fiscal Year	Current	FY 2021	FY 2020
Period Ending	Aug '22 Aug 31, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Cash & Investments	0.34	0.45	0.07
Total Debt	3.07	0	0
Net Cash (Debt)	-2.73	0.45	0.07
Net Cash Growth	-	573.03%	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2021	FY 2020
Period Ending	Aug '22 Aug 31, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Operating Cash Flow	-4.11	-2.15	-1.55
Capital Expenditures	0	-	-0.02
Free Cash Flow	-4.11	-2.15	-1.57
Free Cash Flow Growth	-	-	-

Margins

Fiscal Year	TTM	FY 2021	FY 2020
Period Ending	Aug '22 Aug 31, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Gross Margin	-80.81%	-22.46%	-7.36%
Operating Margin	-2160.79%	-1044.94%	-1998.84%
Pretax Margin	-2134.21%	-1011.85%	-2019.52%
Profit Margin	-2134.21%	-1011.85%	-2019.52%
FCF Margin	-1137.00%	-634.92%	-1170.38%