Item 1. Business Rivulet Entertainment, Inc. (the “Company”, “we” or “us”), is an independent studio engaged in the production, distribution and marketing of star driven commercial feature-length films, television series and mini-series, and television movies, from initial creative development through principal photography, postproduction, distribution and ancillary sales. The Company also provides music production. Upon completion of production, the Company expects to receive initial revenues from domestic and foreign distribution contracts headquartered in Scottsdale, Arizona. As disclosed in our Form 8-K filed with the SEC on May 5, 2024, the Company merged into its wholly owned subsidiary with the Company surviving and operating under its subsidiary’s name. The effective date of the name change was July 12, 2024 whereby the Company’s name was changed from Advanced Voice Recognition Systems, Inc. to Rivulet Entertainment, Inc.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 10M | - | 0 | 0 | 0 |
| Net Income | -6.3M | -5.9M | -181K | -311K | -49K | -83K |
| EPS | $-0.05 | $-0.05 | $-0.00 | $0.00 | $0.00 | $0.00 |
| Free Cash Flow | 0 | -11M | -9.5M | -349K | -46K | -44K |
| ROIC | -13.3% | -20.3% | -1.4% | -19865.1% | -26696.8% | -527.5% |
| Gross Margin | - | -4.7% | - | - | - | - |
| Debt/Equity | 0.00 | -5.30 | -2.21 | -0.00 | -0.19 | -0.12 |
| Dividends/Share | $0.00 | $0.00 | $0.00 | - | - | - |
| Operating Income | -4.2M | -4.0M | -181K | -354K | -47K | -81K |
| Operating Margin | 0.0% | -40.3% | - | - | - | - |
| ROE | 0.0% | 0.0% | 0.0% | - | - | - |
| Shares Outstanding | 111M | 118M | 110M | 13M | 548M | 548M |
Rivulet Entertainment, Inc. passes 0 of 9 quality checks, indicating weak fundamentals.
Rivulet Entertainment, Inc. (RIVF) has a 5-year average return on invested capital (ROIC) of -10.9%. This is below average and may indicate limited pricing power.
Rivulet Entertainment, Inc. (RIVF) has a market capitalization of $67K. It is classified as a small-cap stock.
Rivulet Entertainment, Inc. (RIVF) does not currently pay a regular dividend.
Rivulet Entertainment, Inc. (RIVF) operates in the Crude Petroleum & Natural Gas industry, within the Energy sector.
Rivulet Entertainment, Inc. (RIVF) reported annual revenue of $10 million in its most recent fiscal year, based on SEC EDGAR filings.
Rivulet Entertainment, Inc. (RIVF) has a net profit margin of -59.2%. The company is currently unprofitable.
Rivulet Entertainment, Inc. (RIVF) generated $-11 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Rivulet Entertainment, Inc. (RIVF) reported earnings per share (EPS) of $-0.05 in its most recent fiscal year.
Rivulet Entertainment, Inc. (RIVF) has a 5-year average gross margin of -4.7%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 14 years of financial data for Rivulet Entertainment, Inc. (RIVF), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Rivulet Entertainment, Inc. (RIVF) has a book value per share of $-0.05, based on its most recent annual SEC filing.