Free cash flow remains deeply negative at -34.6% of revenue in 2025Q2, highlighting a persistent inability to convert top-line expansion into positive cash generation.
| Cash from Operations | -9.78M | -5.88M | -2.67M | -4.84M | -863K | 126K | -237K |
| Operating CF Margin % | - | -42.92% | -26.66% | -82.61% | -13.26% | 5.5% | -35.37% |
| Operating CF Growth % | -166.24% | -120.2% | 44.88% | -460.83% | -784.92% | 153.16% | - |
| Net Income | -13.32M | -7.8M | -4.6M | -2.2M | -1.54M | 112K | -49K |
| Depreciation & Amortization | 1.62M | 788K | 738K | 570K | 524K | 104K | 47K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 60K | 0 | 0 |
| Deferred Taxes | 104K | 201K | -58K | -15K | -115K | -50K | -24K |
| Other Non-Cash Items | 2.78M | 2.47M | 1.97M | -1.12M | 694K | 162K | 97K |
| Working Capital Changes | -977K | -1.53M | -716K | -2.08M | -486K | -202K | -308K |
| Change in Receivables | -685K | 315K | -302K | -704K | -572K | 43K | -127K |
| Change in Inventory | -1.55M | -1.67M | -596K | -564K | -449K | -638K | -140K |
| Change in Payables | 1.01M | -121K | 1.3M | -579K | 254K | 323K | 45K |
| Cash from Investing | -2.96M | -572K | -4.81M | -41K | -4.73M | -101K | -955K |
| Capital Expenditures | -167K | -144K | -25K | -41K | -4.73M | -1K | -955K |
| CapEx % of Revenue | 0.62% | 1.05% | 0.25% | 0.7% | 72.67% | 0.04% | 142.54% |
| Acquisitions | -901K | -98K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | -16K | -232K | -1.7M | 0 | 0 | -100K | 0 |
| Cash from Financing | 16.09M | 8.48M | -86K | 12.63M | 5.7M | 159K | 1.3M |
| Debt Issued (Net) | 0 | 0 | -86K | -766K | 4.45M | 159K | 1.3M |
| Equity Issued (Net) | 3M | 1000K | 0 | 1000K | 1000K | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -535K | 2.23M | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 3.93M | 2.03M | -7.6M | 7.74M | 102K | 184K | 107K |
| Free Cash Flow | -9.95M | -6.35M | -2.69M | -4.88M | -5.59M | 125K | -1.19M |
| FCF Margin % | -37.11% | -46.38% | -26.91% | -83.31% | -85.93% | 5.46% | -177.91% |
| FCF Growth % | -19.98% | -135.76% | 44.83% | 12.73% | -4574.4% | 110.49% | - |
| FCF per Share | -51.05 | -9.69 | -2.27 | -7.36 | -13.54 | 0.30 | -2.88 |
| FCF Conversion (FCF/Net Income) | 0.75x | 0.75x | 0.58x | 2.20x | 0.56x | 1.13x | 4.84x |
| Interest Paid | 0 | 10K | 2K | 477K | 4K | 0 | 0 |
| Taxes Paid | 0 | 180K | 28K | 73K | 116K | 3K | 0 |
Insolvency and liquidity constraints
As reported in financial statements, JFBR consistently records negative net income alongside operating cash outflows, with the OCF/NI ratio fluctuating significantly, reaching 0.88 in 2025Q2, which suggests that the company's accounting losses are closely mirrored by actual cash depletion rather than non-cash accrual adjustments.
The tight correlation between net losses and operating cash burn indicates that the company's negative profitability is not merely an accounting artifact but a reflection of fundamental operational cash leakage. Investors should monitor this relationship, as the lack of a meaningful buffer between accrual-based losses and cash outflows suggests that the business model lacks the inherent cash-generative capacity required to self-fund its current growth trajectory.
Based on recent SEC filings, JFBR's free cash flow margin has remained deeply negative, reaching -34.6% in 2025Q2, a trend that highlights the company's inability to convert its aggressive revenue expansion into positive cash generation despite the absence of significant capital expenditure requirements.
The persistent negative FCF trajectory suggests that the company is effectively subsidizing its market share growth with external capital. Without a clear path to positive FCF margins, the current reliance on cash reserves to cover operating deficits appears unsustainable, warranting further investigation into the company's long-term liquidity planning.
According to historical cash flow data, working capital changes have been highly erratic, swinging from a $413.0K source of cash in 2025Q2 to a $1.7M use of cash in 2024Q2, which indicates significant instability in inventory management and trade credit cycles within the Amazon ecosystem.
This volatility in working capital suggests that the company may be struggling to optimize its inventory levels, potentially leading to periodic cash crunches as it attempts to balance stock availability with the high costs of Amazon storage. The inconsistency in these flows may indicate that management is reactive rather than proactive in managing its cash conversion cycle.
As evidenced by the company's reported figures, JFBR has utilized cash for net acquisitions, such as the $2.3M outflow in 2025Q2, even while the core business continues to burn cash, suggesting a strategy that prioritizes inorganic expansion over the stabilization of existing operational unit economics.
The decision to deploy limited cash reserves toward acquisitions while the underlying business remains cash-flow negative appears to increase the company's risk profile significantly. Investors should monitor whether these acquisitions provide any tangible improvement to the company's consolidated margin profile or if they merely serve to mask the underlying operational cash burn.
Quick answers to the most common questions about buying JFBR stock.
Jeffs' Brands Ltd (JFBR) generated $-5.9M in net cash from operating activities in 2024. This reflects the cash generated directly from core business operations.
Jeffs' Brands Ltd (JFBR) reported negative free cash flow of $6.3M in 2024, indicating capital requirements exceeded cash from operations.
Jeffs' Brands Ltd (JFBR) spent $0.1M on capital expenditures in 2024. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.