N2OFF, Inc. (NITO) 10-Year Financial Performance & Capital Metrics

NITO • • Industrial / General

Basic MaterialsAgricultural InputsAgricultural Technology & InnovationFood Safety & Post-Harvest Technology

AboutN2OFF, Inc., an agri-food tech company, develops and sells eco-friendly green treatments for the food industry to enhance food safety and shelf life of fresh produce. The company's products are based on proprietary blend of food acids combined with oxidizing agent-based sanitizers for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay. Its products include SavePROTECT or PeroStar, a processing aid for post-harvest application that is added to fruit and vegetable wash water; and SF3HS and SF3H, a post-harvest cleaning and sanitizing solution to control plant and foodborne pathogens. The company also offers SpuDefender for controlling post-harvest potato sprouts; and FreshProtect to control spoilage-creating microorganisms on post-harvest citrus fruit. The company was formerly known as Save Foods, Inc. and changed its name to N2OFF, Inc. in March 2024. N2OFF, Inc. was incorporated in 2009 and is headquartered in Hod HaSharon, Israel.Show more

Revenue $210K -20.3%
EBITDA -$4M +43.1%
Net Income -$5M +20.4%
EPS (Diluted) -31.15 +83.6%
Gross Margin 21.43% -72.9%
EBITDA Margin -2048.57% +28.6%
Operating Margin -2057.14% +28.5%
Net Margin -2472.86% +0.1%
ROE -94.15% +12.0%
ROIC -146.5% +72.0%
Debt/Equity 0.00 -79.3%
Interest Coverage -45.47 +96.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Trading at only 0.1x book value

✗Weaknesses

✗Negative free cash flow
✗Weak momentum: RS Rating 2 (bottom 2%)
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y3.62%

3Y-21.74%

TTM18.52%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-19.68%

EPS CAGR

10Y-

5Y-

3Y-

TTM71.23%

ROCE

10Y Avg-249.15%

5Y Avg-109.7%

3Y Avg-98.53%

Latest-78.27%

Peer Comparison

Food Safety & Post-Harvest Technology

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NITON2OFF, Inc.	4.75M	1.75	-0.06	-20.29%	-31.87%	-76.6%		0.00

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	321.97K	343.93K	426.59K	175.82K	232.27K	438.14K	394K	263.44K	210K
Revenue Growth %	-	0.07%	0.24%	-0.59%	0.32%	0.89%	-0.1%	-0.33%	-0.2%
Cost of Goods Sold+	245.94K	141.77K	136.84K	144.55K	43.41K	135.94K	158.31K	55.18K	165K
COGS % of Revenue	0.76%	0.41%	0.32%	0.82%	0.19%	0.31%	0.4%	0.21%	0.79%
Gross Profit+	76.03K	202.15K	289.75K	31.27K	188.87K	302.2K	235.69K	208.27K	45K
Gross Margin %	0.24%	0.59%	0.68%	0.18%	0.81%	0.69%	0.6%	0.79%	0.21%
Gross Profit Growth %	-	1.66%	0.43%	-0.89%	5.04%	0.6%	-0.22%	-0.12%	-0.78%
Operating Expenses+	1.01M	896.31K	771.7K	1.96M	1.54M	5.01M	6.06M	7.79M	4.37M
OpEx % of Revenue	3.15%	2.61%	1.81%	11.16%	6.62%	11.43%	15.37%	29.55%	20.79%
Selling, General & Admin	689.69K	573.58K	457.9K	1.34M	1.08M	4.21M	5.28M	5.8M	3.99M
SG&A % of Revenue	2.14%	1.67%	1.07%	7.6%	4.64%	9.62%	13.39%	22.01%	19.02%
Research & Development	323.91K	308.85K	296.28K	615.62K	417K	538.68K	770.83K	1.94M	369K
R&D % of Revenue	1.01%	0.9%	0.69%	3.5%	1.8%	1.23%	1.96%	7.36%	1.76%
Other Operating Expenses	0	13.88K	17.52K	10.73K	42.39K	253.44K	8.11K	48.69K	2K
Operating Income+	-937.57K	-694.16K	-481.96K	-1.93M	-1.35M	-4.7M	-5.82M	-7.58M	-4.32M
Operating Margin %	-2.91%	-2.02%	-1.13%	-10.98%	-5.81%	-10.74%	-14.77%	-28.76%	-20.57%
Operating Income Growth %	-	0.26%	0.31%	-3.01%	0.3%	-2.49%	-0.24%	-0.3%	0.43%
EBITDA+	-917.76K	-677.42K	-443.07K	-1.9M	-1.3M	-4.65M	-5.76M	-7.56M	-4.3M
EBITDA Margin %	-2.85%	-1.97%	-1.04%	-10.83%	-5.61%	-10.6%	-14.63%	-28.69%	-20.49%
EBITDA Growth %	-	0.26%	0.35%	-3.3%	0.32%	-2.56%	-0.24%	-0.31%	0.43%
D&A (Non-Cash Add-back)	19.81K	16.74K	38.89K	27.35K	45.2K	57.2K	54.72K	20.84K	18K
EBIT	-937.57K	-936.45K	-518.66K	-1.99M	-1.4M	-4.86M	-5.82M	-7.54M	-5.25M
Net Interest Income+	0	0	49.8K	-43.41K	-236.36K	-152.07K	24.94K	60.4K	-30K
Interest Income	0	0	20.49K	-	-33.44K	-143.73K	33.74K	65.76K	65K
Interest Expense	18.2K	21.25K	-29.31K	43.41K	202.92K	8.34K	8.8K	5.36K	95K
Other Income/Expense	-18.2K	-263.55K	36.98K	-59.1K	-257.24K	-161.74K	39.8K	317.86K	-1.03M
Pretax Income+	-955.77K	-957.7K	-444.99K	-1.99M	-1.61M	-4.87M	-5.78M	-7.26M	-5.35M
Pretax Margin %	-2.97%	-2.78%	-1.04%	-11.32%	-6.92%	-11.1%	-14.67%	-27.56%	-25.46%
Income Tax+	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	0.63%	0.7%	0.8%	0.99%	0.99%	0.99%	0.99%	0.9%	0.97%
Net Income+	-599.49K	-672.14K	-356.89K	-1.97M	-1.59M	-4.82M	-5.74M	-6.52M	-5.19M
Net Margin %	-1.86%	-1.95%	-0.84%	-11.21%	-6.86%	-11%	-14.57%	-24.76%	-24.73%
Net Income Growth %	-	-0.12%	0.47%	-4.52%	0.19%	-2.03%	-0.19%	-0.14%	0.2%
Net Income (Continuing)	-955.77K	-957.7K	-444.99K	-1.99M	-1.61M	-4.87M	-5.78M	-7.26M	-5.35M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	-275.02K	-293.57K	-6.71K	-21.05K	-29.28K	-70.67K	-109.04K	-21.43K	-176K
EPS (Diluted)+	-1699.25	-743.05	-91.70	-339.15	-256.90	-504.00	-379.75	-190.05	-31.15
EPS Growth %	-	0.56%	0.88%	-2.7%	0.24%	-0.96%	0.25%	0.5%	0.84%
EPS (Basic)	-1699.25	-743.05	-91.70	-339.15	-256.90	-504.00	-379.75	-190.05	-31.15
Diluted Shares Outstanding	353	905	3.89K	5.81K	6.2K	9.56K	15.11K	34.3K	166.29K
Basic Shares Outstanding	353	905	3.89K	5.81K	6.2K	9.56K	15.11K	34.3K	166.29K
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	190.06K	251.69K	676.68K	424.61K	495.17K	7.23M	6.27M	5.47M	3.4M
Cash & Short-Term Investments	4.51K	28.32K	439.81K	329.01K	242.9K	6.81M	5.7M	4.48M	2.49M
Cash Only	4.51K	28.32K	439.81K	329.01K	242.9K	6.81M	5.7M	4.48M	2.19M
Short-Term Investments	0	0	0	0	0	0	0	0	307K
Accounts Receivable	151.53K	145.9K	153.91K	64K	150.65K	172.63K	192.6K	108.32K	378K
Days Sales Outstanding	171.78	154.84	131.69	132.87	236.73	143.81	178.42	150.07	657
Inventory	0	14.97K	38.09K	16.3K	16.36K	22.6K	81.71K	121.51K	21K
Days Inventory Outstanding	-	38.54	101.58	41.16	137.54	60.69	188.38	803.8	46.45
Other Current Assets	31.81K	0	20.01K	10.49K	34.25K	52.42K	74.19K	38.23K	49K
Total Non-Current Assets+	248.92K	283.74K	182.53K	240.06K	192.48K	368.18K	219.77K	1.78M	2.06M
Property, Plant & Equipment	111.17K	162.19K	85.14K	130.1K	69.89K	230.56K	219.77K	123.15K	56K
Fixed Asset Turnover	2.90x	2.12x	5.01x	1.35x	3.32x	1.90x	1.79x	2.14x	3.75x
Goodwill	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	1.66M	1.41M
Other Non-Current Assets	137.75K	121.56K	97.39K	109.95K	122.58K	137.63K	0	0	594K
Total Assets+	438.98K	535.43K	859.21K	664.67K	687.65K	7.6M	6.49M	7.24M	5.46M
Asset Turnover	0.73x	0.64x	0.50x	0.26x	0.34x	0.06x	0.06x	0.04x	0.04x
Asset Growth %	-	0.22%	0.6%	-0.23%	0.03%	10.05%	-0.15%	0.12%	-0.25%
Total Current Liabilities+	790.77K	1.08M	483.7K	623.83K	785.23K	931.3K	714.85K	778.47K	892K
Accounts Payable	223.09K	190.25K	196.55K	235.86K	203.32K	539.36K	127.48K	43.54K	48K
Days Payables Outstanding	331.09	489.82	524.25	595.58	1.71K	1.45K	293.92	288.01	106.18
Short-Term Debt	184.78K	398.92K	23.14K	7.23K	64.2K	8.39K	0	40.52K	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0
Other Current Liabilities	382.9K	487.29K	153.74K	192.74K	110.22K	141.8K	96.52K	634.42K	351K
Current Ratio	0.24x	0.23x	1.40x	0.68x	0.63x	7.76x	8.77x	7.02x	3.82x
Quick Ratio	0.24x	0.22x	1.32x	0.65x	0.61x	7.74x	8.66x	6.86x	3.79x
Cash Conversion Cycle	-	-296.44	-290.98	-421.55	-1.34K	-1.24K	72.88	665.87	597.27
Total Non-Current Liabilities+	485.67K	191.25K	164K	442.96K	367.87K	253.36K	40.02K	7.18K	0
Long-Term Debt	311.72K	61.38K	37.93K	300.87K	210.01K	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	87.29K	40.02K	7.18K	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	173.95K	129.87K	126.07K	142.09K	157.85K	166.08K	0	0	0
Total Liabilities	1.28M	1.27M	647.7K	1.07M	1.15M	1.18M	754.87K	785.65K	892K
Total Debt+	496.5K	460.3K	61.07K	360.19K	289.26K	138.42K	106.33K	47.7K	7K
Net Debt	491.99K	431.98K	-378.74K	31.19K	46.36K	-6.67M	-5.59M	-4.43M	-2.18M
Debt / Equity	-	-	0.29x	-	-	0.02x	0.02x	0.01x	0.00x
Debt / EBITDA	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-
Interest Coverage	-51.53x	-32.66x	-	-44.49x	-6.65x	-564.05x	-661.55x	-1414.29x	-45.47x
Total Equity+	-837.46K	-732.29K	211.51K	-402.12K	-465.45K	6.41M	5.74M	6.46M	4.57M
Equity Growth %	-	0.13%	1.29%	-2.9%	-0.16%	14.78%	-0.11%	0.13%	-0.29%
Book Value per Share	-2372.41	-809.16	54.42	-69.19	-75.07	670.49	379.76	188.28	27.50
Total Shareholders' Equity	-562.44K	-438.72K	218.23K	-381.07K	-436.18K	6.48M	5.85M	6.48M	4.75M
Common Stock	90.75K	7.18K	13.84K	1.02K	161	281	69	296	1K
Retained Earnings	-7.89M	-8.36M	-8.71M	-10.68M	-12.28M	-17.1M	-22.84M	-29.36M	-34.55M
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	-26.27K	78.72K	-26.27K	-26.27K	-26.27K	-26.27K	-26.27K	-26K
Minority Interest	-275.02K	-293.57K	-6.71K	-21.05K	-29.28K	-70.67K	-109.04K	-21.43K	-176K

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-650.99K	-623.23K	-506.5K	-1.24M	-798.74K	-4.1M	-5.1M	-3.23M	-3.42M
Operating CF Margin %	-2.02%	-1.81%	-1.19%	-7.08%	-3.44%	-9.35%	-12.94%	-12.27%	-16.28%
Operating CF Growth %	-	0.04%	0.19%	-1.46%	0.36%	-4.13%	-0.24%	0.37%	-0.06%
Net Income	-599.49K	-672.14K	-356.89K	-1.99M	-1.59M	-4.82M	-5.78M	-6.52M	-5.35M
Depreciation & Amortization	19.81K	16.74K	38.89K	27.35K	45.2K	58.21K	54.72K	21.16K	18K
Stock-Based Compensation	0	0	0	438.67K	0	0	940.24K	0	747K
Deferred Taxes	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-468.6K	75.41K	40.85K	21.84K	715.64K	716.04K	-13.73K	2.98M	995K
Working Capital Changes	256.69K	-11.32K	-173.86K	257.77K	33.55K	-51.94K	-298.51K	286.65K	168K
Change in Receivables	72.31K	20.93K	4.12K	71.29K	-83.94K	-24.69K	-19.97K	85.59K	-36K
Change in Inventory	23.75K	-9.32K	-23.12K	21.78K	-54	-6.25K	-59.1K	-39.81K	101K
Change in Payables	84.16K	-10.04K	41.3K	39.31K	-32.54K	337.68K	-116.58K	-90.95K	12K
Cash from Investing+	262.5K	292.3K	5.78K	-81.66K	-6.73K	-82.79K	-51.69K	-1.52M	-1.89M
Capital Expenditures	0	-54.48K	-2.53K	-23.33K	0	-67.75K	-51.69K	0	0
CapEx % of Revenue	-	0.16%	0.01%	0.13%	-	0.15%	0.13%	0%	-
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	49.36K	2.54K	-50.76K	-12.63K	-15.04K	0	0	-656K
Cash from Financing+	100K	354.73K	912.21K	1.18M	741.76K	10.73M	4.09M	3.47M	3.05M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	100K	0	0	0	-40.97K	-38.97K	0	3.47M	3.13M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-650.99K	-677.71K	-509.03K	-1.27M	-798.74K	-4.17M	-5.15M	-3.23M	-3.42M
FCF Margin %	-2.02%	-1.97%	-1.19%	-7.21%	-3.44%	-9.51%	-13.07%	-12.27%	-16.28%
FCF Growth %	-	-0.04%	0.25%	-1.49%	0.37%	-4.22%	-0.24%	0.37%	-0.06%
FCF per Share	-1844.16	-748.85	-130.96	-218.19	-128.83	-435.59	-340.80	-94.24	-20.56
FCF Conversion (FCF/Net Income)	1.09x	0.93x	1.42x	0.63x	0.50x	0.85x	0.89x	0.50x	0.66x
Interest Paid	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-168.73%	-	-	-162.11%	-94.48%	-106.96%	-94.15%
Return on Invested Capital (ROIC)	-	-	-	-	-	-	-	-523.55%	-146.5%
Gross Margin	23.61%	58.78%	67.92%	17.79%	81.31%	68.97%	59.82%	79.06%	21.43%
Net Margin	-186.2%	-195.43%	-83.66%	-1121.25%	-685.89%	-1100.23%	-1456.74%	-2475.81%	-2472.86%
Debt / Equity	-	-	0.29x	-	-	0.02x	0.02x	0.01x	0.00x
Interest Coverage	-51.53x	-32.66x	-	-44.49x	-6.65x	-564.05x	-661.55x	-1414.29x	-45.47x
FCF Conversion	1.09x	0.93x	1.42x	0.63x	0.50x	0.85x	0.89x	0.50x	0.66x
Revenue Growth	-	6.82%	24.04%	-58.78%	32.11%	88.63%	-10.07%	-33.14%	-20.29%

Frequently Asked Questions

Growth & Financials

N2OFF, Inc. (NITO) reported $0.2M in revenue for fiscal year 2024. This represents a 35% decrease from $0.3M in 2016.

N2OFF, Inc. (NITO) saw revenue decline by 20.3% over the past year.

N2OFF, Inc. (NITO) reported a net loss of $6.6M for fiscal year 2024.

Dividend & Returns

N2OFF, Inc. (NITO) has a return on equity (ROE) of -94.1%. Negative ROE indicates the company is unprofitable.

N2OFF, Inc. (NITO) had negative free cash flow of $2.9M in fiscal year 2024, likely due to heavy capital investments.

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N2OFF, Inc. (NITO) 10-Year Financial Performance & Capital Metrics

NITO • • Industrial / General

Basic MaterialsAgricultural InputsAgricultural Technology & InnovationFood Safety & Post-Harvest Technology

Revenue $210K -20.3%
EBITDA -$4M +43.1%
Net Income -$5M +20.4%
EPS (Diluted) -31.15 +83.6%
Gross Margin 21.43% -72.9%
EBITDA Margin -2048.57% +28.6%
Operating Margin -2057.14% +28.5%
Net Margin -2472.86% +0.1%
ROE -94.15% +12.0%
ROIC -146.5% +72.0%
Debt/Equity 0.00 -79.3%
Interest Coverage -45.47 +96.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Trading at only 0.1x book value

✗Weaknesses

✗Negative free cash flow
✗Weak momentum: RS Rating 2 (bottom 2%)
✗Shares diluted 100.0% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y3.62%

3Y-21.74%

TTM18.52%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-19.68%

EPS CAGR

10Y-

5Y-

3Y-

TTM71.23%

ROCE

10Y Avg-249.15%

5Y Avg-109.7%

3Y Avg-98.53%

Latest-78.27%

Peer Comparison

Food Safety & Post-Harvest Technology

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NITON2OFF, Inc.	4.75M	1.75	-0.06	-20.29%	-31.87%	-76.6%		0.00

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	321.97K	343.93K	426.59K	175.82K	232.27K	438.14K	394K	263.44K	210K
Revenue Growth %	-	0.07%	0.24%	-0.59%	0.32%	0.89%	-0.1%	-0.33%	-0.2%
Cost of Goods Sold+	245.94K	141.77K	136.84K	144.55K	43.41K	135.94K	158.31K	55.18K	165K
COGS % of Revenue	0.76%	0.41%	0.32%	0.82%	0.19%	0.31%	0.4%	0.21%	0.79%
Gross Profit+	76.03K	202.15K	289.75K	31.27K	188.87K	302.2K	235.69K	208.27K	45K
Gross Margin %	0.24%	0.59%	0.68%	0.18%	0.81%	0.69%	0.6%	0.79%	0.21%
Gross Profit Growth %	-	1.66%	0.43%	-0.89%	5.04%	0.6%	-0.22%	-0.12%	-0.78%
Operating Expenses+	1.01M	896.31K	771.7K	1.96M	1.54M	5.01M	6.06M	7.79M	4.37M
OpEx % of Revenue	3.15%	2.61%	1.81%	11.16%	6.62%	11.43%	15.37%	29.55%	20.79%
Selling, General & Admin	689.69K	573.58K	457.9K	1.34M	1.08M	4.21M	5.28M	5.8M	3.99M
SG&A % of Revenue	2.14%	1.67%	1.07%	7.6%	4.64%	9.62%	13.39%	22.01%	19.02%
Research & Development	323.91K	308.85K	296.28K	615.62K	417K	538.68K	770.83K	1.94M	369K
R&D % of Revenue	1.01%	0.9%	0.69%	3.5%	1.8%	1.23%	1.96%	7.36%	1.76%
Other Operating Expenses	0	13.88K	17.52K	10.73K	42.39K	253.44K	8.11K	48.69K	2K
Operating Income+	-937.57K	-694.16K	-481.96K	-1.93M	-1.35M	-4.7M	-5.82M	-7.58M	-4.32M
Operating Margin %	-2.91%	-2.02%	-1.13%	-10.98%	-5.81%	-10.74%	-14.77%	-28.76%	-20.57%
Operating Income Growth %	-	0.26%	0.31%	-3.01%	0.3%	-2.49%	-0.24%	-0.3%	0.43%
EBITDA+	-917.76K	-677.42K	-443.07K	-1.9M	-1.3M	-4.65M	-5.76M	-7.56M	-4.3M
EBITDA Margin %	-2.85%	-1.97%	-1.04%	-10.83%	-5.61%	-10.6%	-14.63%	-28.69%	-20.49%
EBITDA Growth %	-	0.26%	0.35%	-3.3%	0.32%	-2.56%	-0.24%	-0.31%	0.43%
D&A (Non-Cash Add-back)	19.81K	16.74K	38.89K	27.35K	45.2K	57.2K	54.72K	20.84K	18K
EBIT	-937.57K	-936.45K	-518.66K	-1.99M	-1.4M	-4.86M	-5.82M	-7.54M	-5.25M
Net Interest Income+	0	0	49.8K	-43.41K	-236.36K	-152.07K	24.94K	60.4K	-30K
Interest Income	0	0	20.49K	-	-33.44K	-143.73K	33.74K	65.76K	65K
Interest Expense	18.2K	21.25K	-29.31K	43.41K	202.92K	8.34K	8.8K	5.36K	95K
Other Income/Expense	-18.2K	-263.55K	36.98K	-59.1K	-257.24K	-161.74K	39.8K	317.86K	-1.03M
Pretax Income+	-955.77K	-957.7K	-444.99K	-1.99M	-1.61M	-4.87M	-5.78M	-7.26M	-5.35M
Pretax Margin %	-2.97%	-2.78%	-1.04%	-11.32%	-6.92%	-11.1%	-14.67%	-27.56%	-25.46%
Income Tax+	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	0.63%	0.7%	0.8%	0.99%	0.99%	0.99%	0.99%	0.9%	0.97%
Net Income+	-599.49K	-672.14K	-356.89K	-1.97M	-1.59M	-4.82M	-5.74M	-6.52M	-5.19M
Net Margin %	-1.86%	-1.95%	-0.84%	-11.21%	-6.86%	-11%	-14.57%	-24.76%	-24.73%
Net Income Growth %	-	-0.12%	0.47%	-4.52%	0.19%	-2.03%	-0.19%	-0.14%	0.2%
Net Income (Continuing)	-955.77K	-957.7K	-444.99K	-1.99M	-1.61M	-4.87M	-5.78M	-7.26M	-5.35M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	-275.02K	-293.57K	-6.71K	-21.05K	-29.28K	-70.67K	-109.04K	-21.43K	-176K
EPS (Diluted)+	-1699.25	-743.05	-91.70	-339.15	-256.90	-504.00	-379.75	-190.05	-31.15
EPS Growth %	-	0.56%	0.88%	-2.7%	0.24%	-0.96%	0.25%	0.5%	0.84%
EPS (Basic)	-1699.25	-743.05	-91.70	-339.15	-256.90	-504.00	-379.75	-190.05	-31.15
Diluted Shares Outstanding	353	905	3.89K	5.81K	6.2K	9.56K	15.11K	34.3K	166.29K
Basic Shares Outstanding	353	905	3.89K	5.81K	6.2K	9.56K	15.11K	34.3K	166.29K
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	190.06K	251.69K	676.68K	424.61K	495.17K	7.23M	6.27M	5.47M	3.4M
Cash & Short-Term Investments	4.51K	28.32K	439.81K	329.01K	242.9K	6.81M	5.7M	4.48M	2.49M
Cash Only	4.51K	28.32K	439.81K	329.01K	242.9K	6.81M	5.7M	4.48M	2.19M
Short-Term Investments	0	0	0	0	0	0	0	0	307K
Accounts Receivable	151.53K	145.9K	153.91K	64K	150.65K	172.63K	192.6K	108.32K	378K
Days Sales Outstanding	171.78	154.84	131.69	132.87	236.73	143.81	178.42	150.07	657
Inventory	0	14.97K	38.09K	16.3K	16.36K	22.6K	81.71K	121.51K	21K
Days Inventory Outstanding	-	38.54	101.58	41.16	137.54	60.69	188.38	803.8	46.45
Other Current Assets	31.81K	0	20.01K	10.49K	34.25K	52.42K	74.19K	38.23K	49K
Total Non-Current Assets+	248.92K	283.74K	182.53K	240.06K	192.48K	368.18K	219.77K	1.78M	2.06M
Property, Plant & Equipment	111.17K	162.19K	85.14K	130.1K	69.89K	230.56K	219.77K	123.15K	56K
Fixed Asset Turnover	2.90x	2.12x	5.01x	1.35x	3.32x	1.90x	1.79x	2.14x	3.75x
Goodwill	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	1.66M	1.41M
Other Non-Current Assets	137.75K	121.56K	97.39K	109.95K	122.58K	137.63K	0	0	594K
Total Assets+	438.98K	535.43K	859.21K	664.67K	687.65K	7.6M	6.49M	7.24M	5.46M
Asset Turnover	0.73x	0.64x	0.50x	0.26x	0.34x	0.06x	0.06x	0.04x	0.04x
Asset Growth %	-	0.22%	0.6%	-0.23%	0.03%	10.05%	-0.15%	0.12%	-0.25%
Total Current Liabilities+	790.77K	1.08M	483.7K	623.83K	785.23K	931.3K	714.85K	778.47K	892K
Accounts Payable	223.09K	190.25K	196.55K	235.86K	203.32K	539.36K	127.48K	43.54K	48K
Days Payables Outstanding	331.09	489.82	524.25	595.58	1.71K	1.45K	293.92	288.01	106.18
Short-Term Debt	184.78K	398.92K	23.14K	7.23K	64.2K	8.39K	0	40.52K	0
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0
Other Current Liabilities	382.9K	487.29K	153.74K	192.74K	110.22K	141.8K	96.52K	634.42K	351K
Current Ratio	0.24x	0.23x	1.40x	0.68x	0.63x	7.76x	8.77x	7.02x	3.82x
Quick Ratio	0.24x	0.22x	1.32x	0.65x	0.61x	7.74x	8.66x	6.86x	3.79x
Cash Conversion Cycle	-	-296.44	-290.98	-421.55	-1.34K	-1.24K	72.88	665.87	597.27
Total Non-Current Liabilities+	485.67K	191.25K	164K	442.96K	367.87K	253.36K	40.02K	7.18K	0
Long-Term Debt	311.72K	61.38K	37.93K	300.87K	210.01K	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	87.29K	40.02K	7.18K	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	173.95K	129.87K	126.07K	142.09K	157.85K	166.08K	0	0	0
Total Liabilities	1.28M	1.27M	647.7K	1.07M	1.15M	1.18M	754.87K	785.65K	892K
Total Debt+	496.5K	460.3K	61.07K	360.19K	289.26K	138.42K	106.33K	47.7K	7K
Net Debt	491.99K	431.98K	-378.74K	31.19K	46.36K	-6.67M	-5.59M	-4.43M	-2.18M
Debt / Equity	-	-	0.29x	-	-	0.02x	0.02x	0.01x	0.00x
Debt / EBITDA	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-
Interest Coverage	-51.53x	-32.66x	-	-44.49x	-6.65x	-564.05x	-661.55x	-1414.29x	-45.47x
Total Equity+	-837.46K	-732.29K	211.51K	-402.12K	-465.45K	6.41M	5.74M	6.46M	4.57M
Equity Growth %	-	0.13%	1.29%	-2.9%	-0.16%	14.78%	-0.11%	0.13%	-0.29%
Book Value per Share	-2372.41	-809.16	54.42	-69.19	-75.07	670.49	379.76	188.28	27.50
Total Shareholders' Equity	-562.44K	-438.72K	218.23K	-381.07K	-436.18K	6.48M	5.85M	6.48M	4.75M
Common Stock	90.75K	7.18K	13.84K	1.02K	161	281	69	296	1K
Retained Earnings	-7.89M	-8.36M	-8.71M	-10.68M	-12.28M	-17.1M	-22.84M	-29.36M	-34.55M
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	-26.27K	78.72K	-26.27K	-26.27K	-26.27K	-26.27K	-26.27K	-26K
Minority Interest	-275.02K	-293.57K	-6.71K	-21.05K	-29.28K	-70.67K	-109.04K	-21.43K	-176K

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-650.99K	-623.23K	-506.5K	-1.24M	-798.74K	-4.1M	-5.1M	-3.23M	-3.42M
Operating CF Margin %	-2.02%	-1.81%	-1.19%	-7.08%	-3.44%	-9.35%	-12.94%	-12.27%	-16.28%
Operating CF Growth %	-	0.04%	0.19%	-1.46%	0.36%	-4.13%	-0.24%	0.37%	-0.06%
Net Income	-599.49K	-672.14K	-356.89K	-1.99M	-1.59M	-4.82M	-5.78M	-6.52M	-5.35M
Depreciation & Amortization	19.81K	16.74K	38.89K	27.35K	45.2K	58.21K	54.72K	21.16K	18K
Stock-Based Compensation	0	0	0	438.67K	0	0	940.24K	0	747K
Deferred Taxes	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-468.6K	75.41K	40.85K	21.84K	715.64K	716.04K	-13.73K	2.98M	995K
Working Capital Changes	256.69K	-11.32K	-173.86K	257.77K	33.55K	-51.94K	-298.51K	286.65K	168K
Change in Receivables	72.31K	20.93K	4.12K	71.29K	-83.94K	-24.69K	-19.97K	85.59K	-36K
Change in Inventory	23.75K	-9.32K	-23.12K	21.78K	-54	-6.25K	-59.1K	-39.81K	101K
Change in Payables	84.16K	-10.04K	41.3K	39.31K	-32.54K	337.68K	-116.58K	-90.95K	12K
Cash from Investing+	262.5K	292.3K	5.78K	-81.66K	-6.73K	-82.79K	-51.69K	-1.52M	-1.89M
Capital Expenditures	0	-54.48K	-2.53K	-23.33K	0	-67.75K	-51.69K	0	0
CapEx % of Revenue	-	0.16%	0.01%	0.13%	-	0.15%	0.13%	0%	-
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	49.36K	2.54K	-50.76K	-12.63K	-15.04K	0	0	-656K
Cash from Financing+	100K	354.73K	912.21K	1.18M	741.76K	10.73M	4.09M	3.47M	3.05M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	100K	0	0	0	-40.97K	-38.97K	0	3.47M	3.13M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-650.99K	-677.71K	-509.03K	-1.27M	-798.74K	-4.17M	-5.15M	-3.23M	-3.42M
FCF Margin %	-2.02%	-1.97%	-1.19%	-7.21%	-3.44%	-9.51%	-13.07%	-12.27%	-16.28%
FCF Growth %	-	-0.04%	0.25%	-1.49%	0.37%	-4.22%	-0.24%	0.37%	-0.06%
FCF per Share	-1844.16	-748.85	-130.96	-218.19	-128.83	-435.59	-340.80	-94.24	-20.56
FCF Conversion (FCF/Net Income)	1.09x	0.93x	1.42x	0.63x	0.50x	0.85x	0.89x	0.50x	0.66x
Interest Paid	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-168.73%	-	-	-162.11%	-94.48%	-106.96%	-94.15%
Return on Invested Capital (ROIC)	-	-	-	-	-	-	-	-523.55%	-146.5%
Gross Margin	23.61%	58.78%	67.92%	17.79%	81.31%	68.97%	59.82%	79.06%	21.43%
Net Margin	-186.2%	-195.43%	-83.66%	-1121.25%	-685.89%	-1100.23%	-1456.74%	-2475.81%	-2472.86%
Debt / Equity	-	-	0.29x	-	-	0.02x	0.02x	0.01x	0.00x
Interest Coverage	-51.53x	-32.66x	-	-44.49x	-6.65x	-564.05x	-661.55x	-1414.29x	-45.47x
FCF Conversion	1.09x	0.93x	1.42x	0.63x	0.50x	0.85x	0.89x	0.50x	0.66x
Revenue Growth	-	6.82%	24.04%	-58.78%	32.11%	88.63%	-10.07%	-33.14%	-20.29%

Frequently Asked Questions

Growth & Financials

N2OFF, Inc. (NITO) reported $0.2M in revenue for fiscal year 2024. This represents a 35% decrease from $0.3M in 2016.

N2OFF, Inc. (NITO) saw revenue decline by 20.3% over the past year.

N2OFF, Inc. (NITO) reported a net loss of $6.6M for fiscal year 2024.

Dividend & Returns

N2OFF, Inc. (NITO) has a return on equity (ROE) of -94.1%. Negative ROE indicates the company is unprofitable.

N2OFF, Inc. (NITO) had negative free cash flow of $2.9M in fiscal year 2024, likely due to heavy capital investments.