Rainmaker Worldwide Inc. (RAKR)
Rainmaker Worldwide Inc. engages in the specialization of freshwater production in the Caribbean. The company provides purification technologies, which include air-to-water, which extracts water from humidity; and water-to-water that transforms contaminated water into clean water. Rainmaker Worldwide Inc. was founded in 1998 and is based in Las Vegas, Nevada.
Sector: Bottled & Canned Soft Drinks & Carbonated Waters
Industry: Regulated Water
Rainmaker Worldwide Inc
OTC:RAKRIndustrials · Industrial - Pollution & Treatment Controls
$0.0003
Mkt Cap$25K
Float3.54M
O/S83.8M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$144K
Net Income-$1.06M
Total Assets$50K
Free Cash Flow-$50K
Debt & Equity
Total Debt$5.41M
Total Equity-$11.92M
Preferred Stock$580K
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:25Reverse splitSep 26, 202425 shares → 1
Balance Sheet Details
Assets$50K
Liabilities$11.39M
Accounts Receivable$50K
Accounts Payable$137K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Revenue | $144K | $79K | $0 | $0 | $0 | $189K | $200K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | 82.1% | - | - | - | - | -5.5% | - | - | - | - | - | - | - | - |
| Cost of Revenue | $144K | $62K | $0 | $0 | $796K | $156K | $573K | $42K | $27K | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $17K | $0 | $0 | -$796K | $33K | -$373K | -$42K | -$27K | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | 21.5% | - | - | - | 17.6% | -186.1% | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $365K | $623K | $1.51M | $1.52M | $15.93M | $7.83M | $5.37M | $5.43M | $48K | $63K | $78K | $330K | $124K | $137K |
| Other | $0 | $0 | $0 | $0 | -$13K | $0 | $0 | $0 | $75K | $204K | $137K | $100K | $176K | $35K |
| Total Operating Expenses | $365K | $623K | $1.51M | $1.52M | $15.91M | $7.83M | $5.37M | $5.43M | $123K | $267K | $215K | $431K | $300K | $172K |
| Operating Income (EBIT) | -$365K | -$606K | -$1.51M | -$1.52M | -$15.93M | -$7.79M | -$5.74M | -$5.47M | -$124K | -$267K | -$215K | -$431K | -$300K | -$172K |
| Operating Margin | -253.7% | -768.2% | - | - | - | -4117.6% | -2865.0% | - | - | - | - | - | - | - |
| Interest Expense | $973K | $853K | $601K | $829K | $847K | $227K | $110K | $63K | $86K | $87K | $104K | $104K | $104K | $110K |
| Interest Income | $0 | $853K | $601 | $829 | $847 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$692K | -$637K | -$597K | -$764K | -$5.49M | -$227K | -$110K | -$63K | -$1.99M | -$87K | -$104K | -$104K | -$104K | -$110K |
| Income Before Tax (EBT) | -$1.06M | -$1.24M | -$1.84M | -$2.39M | -$21.41M | -$8.02M | -$5.85M | -$5.54M | -$209K | -$354K | -$319K | -$535K | -$404K | -$282K |
| Income Tax Expense | $0 | $0 | -$277K | $1.16M | $2.08M | $0 | $4 | $2 | $86K | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$1.06M | -$1.24M | -$1.56M | -$3.55M | -$23.49M | -$8.02M | -$5.85M | -$5.54M | -$209K | -$354K | -$319K | -$535K | -$404K | -$282K |
| Net Income Margin | -734.9% | -1575.1% | - | - | - | -4237.7% | -2919.8% | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||
| EPS | -0.00 | -0.00 | -0.01 | -0.02 | -0.18 | -0.08 | -0.07 | -0.16 | -2.22 | -4.97 | -863.12 | -1445.89 | -1092.61 | -762.88 |
| Diluted EPS | -0.00 | -0.00 | -0.01 | -0.02 | -0.18 | -0.08 | -0.07 | -0.16 | -2.22 | -4.97 | -863.12 | -1445.89 | -1092.61 | -762.88 |
| Weighted Average OS | 326.91M | 326.89M | 148.73M | 145.61M | 131.19M | 95.77M | 86.54M | 34.18M | 93,971 | 71,283 | 370 | 370 | 370 | 370 |
| EBITDA | $307K | $63K | $3K | -$932K | -$21.18M | -$7.15M | -$5.57M | -$5.43M | -$1.98M | -$267K | -$215K | -$430K | -$299K | -$171K |
| EBITDA Margin | 213.5% | 80.2% | - | - | - | -3779.2% | -2779.4% | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $116 | $131 | $7K | $4K | $193K | $632K | $5K | $20K | $349 | $3K | $16 | $176 | $4K | $162 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $112K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $116 | $131 | $7K | $4K | $305K | $632K | $5K | $20K | $349 | $3K | $16 | $176 | $4K | $162 |
| Accounts Receivable | $50K | $6K | $6K | $4 | $2K | $63K | $36K | $68K | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $175K | $381K | $142K | $104K | $126K | $92K | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $410K | $0 | $0 | $180K | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $50K | $31K | $43K | $344K | $1.32M | $1.09M | $277K | $394K | $191K | $194K | $191K | $176 | $4K | $162 |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $4K | $814K | $832K | $994K | $882K | $0 | $0 | $175 | $600 | $2K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $5.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $24K | $0 | $0 | $0 | $0 | $366K | $398K | $398K | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $1.23M | $0 | $6.41M | $6.97M | $11.22M | $12.5M | $12.5M | $0 | $0 | $0 |
| Total Long-Term Assets | $0 | $24K | $0 | $0 | $1.24M | $6.12M | $7.61M | $8.36M | $12.5M | $12.5M | $12.5M | $175 | $600 | $2K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $50K | $55K | $43K | $344K | $2.56M | $7.21M | $7.89M | $8.76M | $12.69M | $12.69M | $12.69M | $351 | $5K | $2K |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $137K | $173K | $147K | $102K | $420K | $457K | $2.88M | $0 | $170K | $170K | $253K | $46K | $56K | $17K |
| Short-Term Debt | $4.77M | $4.11M | $3.11M | $154K | $1.82M | $1.71M | $0 | $213K | $1.37M | $1.19M | $1.1M | $1.06M | $1M | $956K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $113K | $113K | $113K | $113K | $149K | $1.51M | $0 | $0 | -$549K | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $4.42M | $7K | $5K | $4.42M | $7.78M | $4.45M | $346K | $1.61M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $11K | $11K | $10K | $6.11M | $13.09M | $10.29M | $3.22M | $1.83M | $1.54M | $1.36M | $1.36M | $1K | $1K | $974 |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $640K | $0 | $0 | $3.11M | $3.11M | $732K | $1.25M | $1.12M | $0 | $0 | $0 | $0 | $0 | $200K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $800K | $0 | $27K | $30K | $0 | $0 | $0 | -$2 | $0 | $0 |
| Total Long-Term Liabilities | $640K | $635K | $3.37M | $3.11M | $3.91M | $732K | $1.28M | $1.15M | $913K | $0 | $0 | -$2 | $0 | $200 |
| Other Liabilities | $0 | $0 | -$3.37M | $0 | $0 | $0 | $0 | $0 | -$913K | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $11.39M | $10.83M | $10.34M | $9.22M | $17M | $11.03M | $4.5M | $2.98M | $1.54M | $1.36M | $1.36M | $1.11M | $1.06M | $1.17M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $580K | $150K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $20K | $500K | $161K | $144K | $140K | $105K | $94K | $82K | $118K | $1.78M | $387K | $248K | $241K | $241K |
| Retained Earnings | -$75.12B | -$74.06M | -$72.83M | -$71M | -$68.27M | -$45.63M | -$13.59M | -$7.74M | -$4.33M | -$4.14M | -$3.78M | -$3.46M | -$2.93M | -$2.53M |
| Comprehensive Income & Other | $0 | -$24K | $373K | $295K | $9K | $488K | $257K | $766K | $335K | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $75.11B | $62.79M | $62.37M | $61.98M | $53.7M | $41.7M | $16.88M | $13.43M | $15.36M | $13.69M | $14.73M | $2.11M | $1.64M | $1.11M |
| Total Equity | -$11.92M | -$10.77M | -$10.3M | -$8.87M | -$14.44M | -$3.82M | $3.39M | $5.78M | $11.15M | $11.33M | $11.33M | -$1.1M | -$1.05M | -$1.17M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | -$530K | $55K | $43K | $344K | $2.56M | $7.21M | $7.89M | $8.76M | $12.69M | $12.69M | $12.69M | $351 | $5K | $2K |
| Supplementary Data | ||||||||||||||
| Total Debt | $5.41M | $4.11M | $3.11M | $3.26M | $4.93M | $2.51M | $1.25M | $1.34M | $1.37M | $1.19M | $1.1M | $1.06M | $1M | $1.16M |
| Net Debt | $5K | $4.11M | $3.1M | $3.26M | $4.73M | $1.88M | $1.24M | $1.32M | $1.37M | $1.19M | $1.1M | $1K | $996 | $1K |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | -$1.06M | -$1.24M | -$1.84M | -$2.73M | -$22.65M | -$8.02M | -$5.85M | -$5.54M | -$209K | -$354K | -$319K | -$535K | -$404K | -$282K |
| Depreciation & Amortization | $390K | $454K | $1.18M | $518K | $518K | $640K | $171K | $42K | $27K | $0 | $175 | $425 | $950 | $950 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $6.11M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $46K | $132.58M | $136K | $62K | $10.89M | $6.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$44.41M | -$67 | -$6K | $2K | $571K | -$33K | $65K | -$11K | $1.22M | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | -$714.24M | $160M | $206K | -$381K | -$38K | $22K | -$34K | -$92K | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $889.19M | $714.24M | $778.63M | $1.65M | $719K | -$74K | $1.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $914K | $720K | -$937.88M | -$36K | -$35K | $772K | $47K | $804K | -$181K | $170K | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $870K | $720K | $748K | $1.82M | $875K | $627K | $1.54M | $759K | $865K | $83K | $206K | -$10K | $39K | $25K |
| Other Non-Cash Items | -$299K | -$132.65M | -$572K | $134K | $316K | $126K | $1.54M | $3.38M | $87K | $87K | $178K | $642K | $204K | $206K |
| Net Cash from Operating | -$50K | -$140K | -$349K | -$190K | -$3.93M | -$617K | -$1.44M | -$1.49M | -$122K | -$184K | $65K | $97K | -$160K | -$51K |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $140K | $0 | $0 | -$102K | -$44K | $0 | -$176K | -$869K | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | -$112K | $0 | $129K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$393K | $0 | $0 | $0 | $1.7M | $0 | $561K | $298K | $184K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | -$393K | $0 | $0 | $0 | $1.48M | -$44K | $690K | $121K | -$686K | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | $11K | $4K | -$274K | -$69K | -$2.55M | -$1.22M | -$123K | -$249K | -$119K | -$187K | - | - | - | - |
| Common Stock Issuance | $24K | $150K | $0 | $4K | $368K | $99K | $295K | $109K | $25K | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $335K | $0 | $0 | $54K | $184K | $51K |
| Net Cash from Financing | $443K | $146K | $274K | $72K | $2.92M | $1.32M | $418K | $358K | $119K | $187K | -$65K | $93K | $164K | $51K |
| Forex Effect | $0 | -$13K | $78K | -$71K | -$343K | -$27K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$15 | -$7K | $3K | -$188K | $126K | $627K | -$16K | -$463K | -$3K | $3K | -$160 | -$4K | $4K | -$282 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$50K | -$140K | -$349K | -$190K | -$3.93M | -$617K | -$1.44M | -$1.49M | -$122K | -$184K | $65K | $97K | -$160K | -$51K |
| Capital Expenditure | $0 | $140K | $0 | $0 | -$102K | -$44K | $0 | -$176K | -$869K | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$50K | -$140K | -$349K | -$190K | -$4.03M | -$662K | -$1.44M | -$1.66M | -$991K | -$184K | $65K | $97K | -$160K | -$51K |
| Cash at Beginning | $131 | $7K | $4K | $193K | $67K | $5K | $20K | $483K | $3K | $16 | $176 | $4K | $162 | $444 |
| Cash at End | $116 | $131 | $7K | $4K | $193K | $632K | $5K | $20K | $349 | $3K | $16 | $176 | $4K | $162 |