Kaival Brands Innovations Group, Inc. (KAVL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant strengths identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Kaival Brands Innovations Group, Inc. (KAVL) stock price & volume — 10-year historical chart
Kaival Brands Innovations Group, Inc. (KAVL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Kaival Brands Innovations Group, Inc. (KAVL) competitors in Next-generation nicotine devices — business model, growth, and fundamentals comparison
Kaival Brands Innovations Group, Inc. (KAVL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Kaival Brands Innovations Group, Inc. (KAVL) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Oct'24 | Oct'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 64.31M | 58.78M | 12.76M | 13.09M | 6.89M | 46.76K | 332.02K |
| Revenue Growth % | - | - | - | -8.61% | -78.29% | 2.55% | -47.38% | -99.32% | -91.44% |
| Cost of Goods Sold | 0 | 0 | 54.26M | 46.84M | 11.52M | 10.51M | 4.28M | -437.91K | 388.64K |
| COGS % of Revenue | - | - | 84.36% | 79.7% | 90.28% | 80.32% | 62.16% | -936.6% | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | 10.06M▲ 0% | 11.93M▲ 18.6% | 1.24M▼ 89.6% | 2.58M▲ 107.5% | 2.6M▲ 1.2% | 484.66K▼ 81.4% | 282.06K▲ 0% |
| Gross Margin % | - | - | 15.64% | 20.3% | 9.72% | 19.68% | 37.82% | 1036.6% | 84.95% |
| Gross Profit Growth % | - | - | - | 18.64% | -89.6% | 107.49% | 1.17% | -81.39% | - |
| Operating Expenses | 4.38K | 68.85K | 4.7M | 22.4M | 15.63M | 13.24M | 8.31M | 17.56M | 4.52M |
| OpEx % of Revenue | - | - | 7.31% | 38.12% | 122.48% | 101.15% | 120.72% | 37562.56% | - |
| Selling, General & Admin | 4.38K | 68.85K | 4.7M | 22.4M | 15.63M | 13.24M | 8.31M | 7.29M | 3.72M |
| SG&A % of Revenue | - | - | 7.31% | 38.12% | 122.48% | 101.15% | 120.72% | 15585.48% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.28M | 796K |
| Operating Income | -4.38K▲ 0% | -68.85K▼ 1473.3% | 5.36M▲ 7885.2% | -10.47M▼ 295.3% | -14.39M▼ 37.4% | -10.66M▲ 25.9% | -5.71M▲ 46.5% | -17.08M▼ 199.1% | -2.73M▲ 0% |
| Operating Margin % | - | - | 8.33% | -17.81% | -112.76% | -81.49% | -82.9% | -36525.96% | -821.15% |
| Operating Income Growth % | - | -1473.33% | 7885.15% | -295.32% | -37.44% | 25.89% | 46.46% | -199.14% | - |
| EBITDA | 21.88K | 0 | 5.36M | 0 | -14.26M | -10.34M | -4.92M | -16.29M | -2.14M |
| EBITDA Margin % | - | - | 8.33% | - | -111.72% | -78.98% | -71.47% | -34843.24% | -643.45% |
| EBITDA Growth % | - | -100% | - | -100% | - | 27.5% | 52.38% | -230.99% | 70.67% |
| D&A (Non-Cash Add-back) | 26.26K | 68.85K | 0 | 10.47M | 132.89K | 328.3K | 787.09K | 786.76K | 589.98K |
| EBIT | -4.38K | -68.85K | 5.36M | -10.47M | -14.39M | -10.66M | -5.95M | -16.64M | -12.56M |
| Net Interest Income | 0 | 0 | 1.05K | 395 | 4 | -467K | -730K | -9.02K | -4.93K |
| Interest Income | 0 | 0 | 1.05K | 395 | 4 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 466.52K | 729.56K | 9.02K | 4.93K |
| Other Income/Expense | 0 | 0 | 1.05K | 395 | 4 | -466.65K | -970.34K | 428.89K | -9.05M |
| Pretax Income | -4.38K▲ 0% | -68.85K▼ 1473.3% | 5.36M▲ 7886.6% | -10.47M▼ 295.3% | -14.39M▼ 37.4% | -11.13M▲ 22.6% | -6.68M▲ 40.0% | -16.65M▼ 149.3% | -13.19M▲ 0% |
| Pretax Margin % | - | - | 8.34% | -17.81% | -112.76% | -85.05% | -96.98% | -35608.66% | -3972.59% |
| Income Tax | 0 | 0 | 1.51M | -1.44M | -18.32K | 2.35K | 19.66K | 18.94K | 0 |
| Effective Tax Rate % | 0% | 0% | 28.26% | 13.71% | 0.13% | -0.02% | -0.29% | -0.11% | 0% |
| Net Income | -4.38K▲ 0% | -68.85K▼ 1473.3% | 3.85M▲ 5686.1% | -9.03M▼ 334.9% | -14.37M▼ 59.1% | -11.13M▲ 22.5% | -6.7M▲ 39.8% | -16.65M▼ 148.6% | -13.19M▲ 0% |
| Net Margin % | - | - | 5.98% | -15.37% | -112.61% | -85.07% | -97.27% | -35616.27% | -3972.59% |
| Net Income Growth % | - | -1473.33% | 5686.14% | -334.87% | -59.08% | 22.53% | 39.83% | -148.58% | -52.54% |
| Net Income (Continuing) | -4.38K | -68.85K | 3.85M | -9.03M | -14.37M | -11.13M | -6.7M | -16.67M | -13.19M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.00▲ 0% | -0.03▼ 1494.7% | 1.88▲ 6304.6% | -7.90▼ 520.2% | -7.60▲ 3.8% | -4.13▲ 45.7% | -1.62▲ 60.8% | -1.51▲ 6.8% | -1.01▲ 0% |
| EPS Growth % | - | - | 6304.62% | -520.21% | 3.8% | 45.66% | 60.77% | 6.79% | 34.44% |
| EPS (Basic) | -0.00 | -0.03 | 1.88 | -7.90 | -7.60 | -4.13 | -1.62 | -1.51 | - |
| Diluted Shares Outstanding | 2.27M | 2.27M | 2.05M | 1.14M | 1.89M | 2.72M | 4.31M | 11.03M | 13.11M |
| Basic Shares Outstanding | 2.27M | 2.27M | 2.05M | 1.14M | 1.89M | 2.72M | 4.31M | 11.03M | 13.11M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Kaival Brands Innovations Group, Inc. (KAVL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Oct'24 | Oct'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 0 | 0 | 8.85M | 30.13M | 9.07M | 6.91M | 4.51M | 669.26K | 931.43K |
| Cash & Short-Term Investments | 0 | 0 | 7.42M | 7.76M | 3.69M | 533.66K | 3.9M | 534.41K | 797.5K |
| Cash Only | 0 | 0 | 7.42M | 7.76M | 3.69M | 533.66K | 3.9M | 534.41K | 797.5K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 1.42M | 1.99M | 3.72M | 1.87M | 263.57K | 120K | 120K |
| Days Sales Outstanding | - | - | 8.04 | 12.33 | 106.44 | 52.13 | 13.97 | 936.8 | 118.18 |
| Inventory | 0 | 0 | 6.38K | 15.33M | 1.24M | 4.07M | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | 0.04 | 119.42 | 39.28 | 141.38 | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 4.74M | 0 | 0 | 0 | 0 | 13.93K |
| Total Non-Current Assets | 0 | 0 | 70.13K | 55.6K | 3.36M | 12.48M | 11.49M | 0 | 0 |
| Property, Plant & Equipment | 0 | 0 | 70.13K | 55.6K | 1.2M | 1.01M | 812.18K | 0 | 0 |
| Fixed Asset Turnover | - | - | 917.03x | 1057.05x | 10.64x | 12.94x | 8.48x | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 11.47M | 10.68M | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 2.16M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 0▲ 0% | 0▲ 0% | 8.92M▲ 0% | 30.19M▲ 238.6% | 12.44M▼ 58.8% | 19.39M▲ 55.9% | 16M▼ 17.4% | 669.26K▼ 95.8% | 931.43K▲ 0% |
| Asset Turnover | - | - | 7.21x | 1.95x | 1.03x | 0.68x | 0.43x | 0.07x | 0.05x |
| Asset Growth % | - | - | - | 238.64% | -58.8% | 55.87% | -17.44% | -95.82% | -235.57% |
| Total Current Liabilities | 3K | 44.89K | 4.44M | 13.82M | 1.59M | 4.96M | 1.53M | 569.29K | 434.36K |
| Accounts Payable | 0 | 0 | 1.41M | 12.91M | 40.02K | 2.85M | 57.5K | 349.29K | 339.36K |
| Days Payables Outstanding | - | - | 9.48 | 100.6 | 1.27 | 98.93 | 4.9 | -291.14 | 247.09 |
| Short-Term Debt | 0 | 0 | 11.71K | 0 | 0 | 799.47K | 207.62K | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 623.1K | 316.8K | 280.25K | 392.41K | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 1.32M | 0 | 0 | 0 | 0 | 50K | 434.36K |
| Current Ratio | - | - | 1.99x | 2.18x | 5.72x | 1.39x | 2.95x | 1.18x | 1.18x |
| Quick Ratio | - | - | 1.99x | 1.07x | 4.94x | 0.57x | 2.95x | 1.18x | 1.18x |
| Cash Conversion Cycle | - | - | -1.4 | 31.15 | 144.45 | 94.59 | - | - | -128.91 |
| Total Non-Current Liabilities | 0 | 0 | 59.2K | 46.19K | 1.05M | 866.21K | 662.27K | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 59.2K | 46.19K | 1.05M | 866.21K | 662.27K | 0 | 1.11M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 3K | 44.89K | 4.5M | 13.87M | 2.64M | 5.83M | 2.19M | 569.29K | 434.36K |
| Total Debt | 0 | 0 | 70.91K | 59.2K | 1.22M | 1.85M | 1.07M | 0 | 0 |
| Net Debt | 0 | 0 | -7.35M | -7.7M | -2.47M | 1.32M | -2.83M | -534.41K | -797.5K |
| Debt / Equity | - | - | 0.02x | 0.00x | 0.12x | 0.14x | 0.08x | - | 0.00x |
| Debt / EBITDA | - | - | 0.01x | - | - | - | - | - | -0.00x |
| Net Debt / EBITDA | - | - | -1.37x | - | - | - | - | - | 0.37x |
| Interest Coverage | - | - | - | - | - | -22.86x | -7.83x | -1893.53x | -2550.01x |
| Total Equity | -3K▲ 0% | -44.89K▼ 1396.2% | 4.42M▲ 9941.8% | 16.32M▲ 269.5% | 9.8M▼ 40.0% | 13.56M▲ 38.3% | 13.82M▲ 1.9% | 99.97K▼ 99.3% | 497.07K▲ 0% |
| Equity Growth % | - | -1396.2% | 9941.84% | 269.53% | -39.96% | 38.33% | 1.91% | -99.28% | -212.95% |
| Book Value per Share | -0.00 | -0.02 | 2.16 | 14.28 | 5.18 | 4.98 | 3.20 | 0.01 | 0.04 |
| Total Shareholders' Equity | -3K | -44.89K | 4.42M | 16.32M | 9.8M | 13.56M | 13.82M | 99.97K | 497.07K |
| Common Stock | 572.37K | 572.37K | 277.28K | 30.2K | 56.17K | 2.79K | 8.52K | 11.59K | 13.54K |
| Retained Earnings | -4.38K | -73.22K | 3.77M | -5.26M | -19.63M | -30.76M | -37.46M | -54.09M | -54.71M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -570.99K | -544.03K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Kaival Brands Innovations Group, Inc. (KAVL) cash flow — operating, investing & free cash flow history
| Line item | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Oct'24 | Oct'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 0 | 26.96K | 7.6M | -9.31M | -5.71M | -2.97M | -672.63K | -2.77M | -2.77M |
| Operating CF Margin % | - | - | 11.82% | -15.85% | -44.71% | -22.72% | -9.77% | -5930.47% | - |
| Operating CF Growth % | - | - | 28092.79% | -222.52% | 38.74% | 47.88% | 77.38% | -312.23% | -191.02% |
| Net Income | -26.26K | -68.85K | 3.85M | -9.03M | -14.37M | -11.13M | -6.7M | -16.63M | -13.19M |
| Depreciation & Amortization | 0 | 0 | 3.62K | 14.53K | 132.89K | 328.3K | 787.09K | 786.76K | 589.98K |
| Stock-Based Compensation | 8.26K | 26.96K | 796.59K | 11.22M | 6.28M | 3.39M | 170.23K | 2.87M | 2.44K |
| Deferred Taxes | 0 | 0 | -3.62K | 0 | 0 | -584.45K | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | 26.96K | 780 | 0 | 259.56K | 1.77M | 743.63K | 10.02M | 9.89M |
| Working Capital Changes | 18K | 41.89K | 2.96M | -11.52M | 1.99M | 3.26M | 4.33M | 172K | 91.28K |
| Change in Receivables | 0 | 0 | -1.42M | -568.26K | 1.41M | 3.97M | 1.58M | 143.57K | 86.86K |
| Change in Inventory | 0 | 0 | -6.38K | -15.32M | 13.83M | -3.32M | 4.01M | 0 | 0 |
| Change in Payables | 0 | 0 | 1.41M | 11.5M | -12.87M | 2.81M | -1.38M | 170.83K | 334.7K |
| Cash from Investing | 0 | 0 | 0 | 0 | 0 | -315.77K | 0 | 0 | 0 |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | -3.48K | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | 0% | - | - | 0.03% | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | -312.29K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 0 | 0 | -179.92K | 9.72M | 1.57M | 136.79K | 4.04M | -595.1K | 989.29K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 136.79K | -1.6M | -214.4K | -50.45K |
| Equity Issued (Net) | 0 | 0 | -179.92K | 1000K | 1000K | 0 | 1000K | 24.29K | 24.29K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | -270K | -405K | 0 |
| Share Repurchases | 0 | 0 | -179.92K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 1.41M | -59.86K | 0 | -87.8K | 0 | 1.02M |
| Net Change in Cash | 0▲ 0% | 26.96K▲ 0% | 7.42M▲ 27425.5% | 403.53K▼ 94.6% | -4.14M▼ 1125.8% | -3.15M▲ 23.8% | 3.37M▲ 206.9% | -3.37M▼ 200.0% | -1.63M▲ 0% |
| Free Cash Flow | 0▲ 0% | 26.96K▲ 0% | 7.6M▲ 28092.8% | -9.31M▼ 222.5% | -5.71M▲ 38.7% | -2.98M▲ 47.8% | -672.63K▲ 77.4% | -2.77M▼ 312.2% | -2.62M▲ 0% |
| FCF Margin % | - | - | 11.82% | -15.85% | -44.71% | -22.75% | -9.77% | -5930.47% | -788.92% |
| FCF Growth % | - | - | 28092.79% | -222.52% | 38.74% | 47.82% | 77.4% | -312.23% | -43.67% |
| FCF per Share | - | 0.01 | 3.71 | -8.15 | -3.02 | -1.09 | -0.16 | -0.25 | -0.25 |
| FCF Conversion (FCF/Net Income) | - | -0.39x | 1.98x | 1.03x | 0.40x | 0.27x | 0.10x | 0.17x | 0.20x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.09K |
| Taxes Paid | 0 | 0 | 182.93K | 1.64M | 0 | 0 | 0 | 0 | 0 |
Kaival Brands Innovations Group, Inc. (KAVL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | 175.91% | -87.1% | -110.01% | -95.33% | -48.95% | -239.33% | -247.42% |
| Return on Invested Capital (ROIC) | - | - | -275.98% | -135.28% | -72.04% | -33.11% | -242.75% | -242.75% |
| Gross Margin | - | 15.64% | 20.3% | 9.72% | 19.68% | 37.82% | 1036.6% | 84.95% |
| Net Margin | - | 5.98% | -15.37% | -112.61% | -85.07% | -97.27% | -35616.27% | -3972.59% |
| Debt / Equity | - | 0.02x | 0.00x | 0.12x | 0.14x | 0.08x | - | 0.00x |
| Interest Coverage | - | - | - | - | -22.86x | -7.83x | -1893.53x | -2550.01x |
| FCF Conversion | -0.39x | 1.98x | 1.03x | 0.40x | 0.27x | 0.10x | 0.17x | 0.20x |
| Revenue Growth | - | - | -8.61% | -78.29% | 2.55% | -47.38% | -99.32% | -91.44% |
Kaival Brands Innovations Group, Inc. (KAVL) stock FAQ — growth, dividends, profitability & financials explained
Kaival Brands Innovations Group, Inc. (KAVL) reported $0.3M in revenue for fiscal year 2025.
Kaival Brands Innovations Group, Inc. (KAVL) saw revenue decline by 99.3% over the past year.
Kaival Brands Innovations Group, Inc. (KAVL) reported a net loss of $13.2M for fiscal year 2025.
Yes, Kaival Brands Innovations Group, Inc. (KAVL) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.
Kaival Brands Innovations Group, Inc. (KAVL) has a return on equity (ROE) of -239.3%. Negative ROE indicates the company is unprofitable.
Kaival Brands Innovations Group, Inc. (KAVL) had negative free cash flow of $2.6M in fiscal year 2025, likely due to heavy capital investments.
Kaival Brands Innovations Group, Inc. (KAVL) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates