How has Rectitude's net income changed over the last 3 years?

The last 5 years of Rectitude's net income performance: 2022: $1.53 million 2023: $2.95 million 2024: $2.49 million 2025: $1.66 million Find out what analysts predict for Rectitude in the coming months.

What is Rectitude's operating income?

Rectitude's total operating income in 2025 was $1.66 million, based on the following breakdown: Total Gross Profit: $10.96 million Total Operating Expenses: $9.30 million

Rectitude (RECT) Financials

$1.30 +0.03 (+2.44%)

Closing price 03:58 PM Eastern

Extended Trading

$1.25 -0.05 (-3.62%)

As of 04:10 PM Eastern

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Annual Income Statements for Rectitude

This table shows Rectitude's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	3/31/2022	3/31/2023	3/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	1.53	2.95	2.49	1.66
Consolidated Net Income / (Loss)	1.53	2.95	2.49	1.66
Net Income / (Loss) Continuing Operations	1.53	2.95	2.49	1.66
Total Pre-Tax Income	1.86	3.61	3.08	1.83
Total Operating Income	1.85	3.60	3.09	1.66
Total Gross Profit	6.46	9.13	11	11
Total Revenue	22	28	31	33
Operating Revenue	22	28	31	33
Total Cost of Revenue	16	19	20	22
Operating Cost of Revenue	16	19	20	22
Total Operating Expenses	4.61	5.53	7.83	9.30
Selling, General & Admin Expense	3.32	3.89	5.23	5.61
Marketing Expense	1.22	1.58	2.54	3.57
Research & Development Expense	0.07	0.06	0.06	0.12
Total Other Income / (Expense), net	0.02	0.01	-0.01	0.16
Interest Expense	0.09	0.11	0.16	0.15
Other Income / (Expense), net	0.10	0.12	0.15	0.31
Income Tax Expense	0.32	0.65	0.59	0.16
Basic Earnings per Share	$0.13	$0.23	$0.20	$0.09
Weighted Average Basic Shares Outstanding	12.50M	12.50M	12.50M	14.06M
Diluted Earnings per Share	-	$0.23	$0.20	$0.09
Weighted Average Diluted Shares Outstanding	-	12.50M	12.50M	14.06M
Weighted Average Basic & Diluted Shares Outstanding	-	-	12.50M	14.50M

No quarterly income statements for Rectitude are available.

This table details how cash moves in and out of Rectitude's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	3/31/2022	3/31/2023	3/31/2024	3/31/2025
Net Change in Cash & Equivalents	0.10	0.97	0.77	2.36
Net Cash From Operating Activities	0.98	2.71	3.12	0.15
Net Cash From Continuing Operating Activities	0.98	2.71	3.12	0.15
Net Income / (Loss) Continuing Operations	1.53	2.95	2.49	1.66
Consolidated Net Income / (Loss)	1.53	2.95	2.49	1.66
Depreciation Expense	0.39	0.41	0.40	0.45
Amortization Expense	0.41	0.50	0.73	0.96
Non-Cash Adjustments To Reconcile Net Income	-0.19	0.34	0.08	0.33
Changes in Operating Assets and Liabilities, net	-1.17	-1.49	-0.59	-3.26
Net Cash From Investing Activities	-0.14	-0.01	-0.17	-4.31
Net Cash From Continuing Investing Activities	-0.14	-0.01	-0.17	-4.31
Purchase of Property, Plant & Equipment	-0.14	-0.01	-0.17	-0.46
Purchase of Investments	-	0.00	0.00	-5.71
Sale of Property, Plant & Equipment	0.00	0.00	0.00	0.00
Other Investing Activities, net	-	0.00	0.00	1.86
Net Cash From Financing Activities	-0.74	-1.73	-2.18	6.53
Net Cash From Continuing Financing Activities	-0.74	-1.73	-2.18	6.53
Repayment of Debt	0.08	-0.74	-0.23	-0.42
Payment of Dividends	-0.70	-0.87	-1.48	0.00
Issuance of Common Equity	-	0.00	0.00	7.07
Other Financing Activities, net	-0.12	-0.13	-0.46	-0.12
Cash Interest Paid	0.09	0.11	0.16	0.15
Cash Income Taxes Paid	-0.34	-0.24	-0.49	-0.70

No quarterly cash flow statements for Rectitude are available.

This table presents Rectitude's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	3/31/2023	3/31/2024	3/31/2025
Total Assets	22	25	32
Total Current Assets	15	18	20
Cash & Equivalents	1.83	2.57	4.94
Accounts Receivable	8.54	8.91	9.66
Inventories, net	4.35	4.64	5.64
Other Current Assets	0.16	0.27	0.18
Plant, Property, & Equipment, net	4.60	4.31	4.76
Total Noncurrent Assets	2.11	4.69	7.32
Noncurrent Note & Lease Receivables	-	0.00	3.85
Other Noncurrent Operating Assets	2.11	4.69	3.46
Total Liabilities & Shareholders' Equity	22	25	32
Total Liabilities	13	15	14
Total Current Liabilities	8.73	9.41	9.02
Short-Term Debt	0.61	2.71	1.94
Accounts Payable	5.02	4.78	5.63
Current Deferred & Payable Income Tax Liabilities	0.79	0.87	0.34
Other Current Liabilities	0.81	1.05	1.11
Total Noncurrent Liabilities	4.41	5.15	5.05
Long-Term Debt	2.57	2.28	2.11
Capital Lease Obligations	0.37	0.28	0.44
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.00	0.00
Other Noncurrent Operating Liabilities	1.47	2.59	2.50
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	8.45	11	18
Total Preferred & Common Equity	8.45	11	18
Total Common Equity	8.45	11	18
Common Stock	2.54	2.51	8.47
Retained Earnings	5.91	8.32	10.00
Accumulated Other Comprehensive Income / (Loss)	-	0.00	-0.05

No quarterly balance sheets for Rectitude are available.

This table displays calculated financial ratios and metrics derived from Rectitude's official financial filings.

Metric	2022	2023	2024	2025
Period end date	3/31/2022	3/31/2023	3/31/2024	3/31/2025
DEI Shares Outstanding	0.00	0.00	0.00	0.00
DEI Adjusted Shares Outstanding	0.00	0.00	0.00	0.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.00	0.00
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	28.59%	8.38%	6.14%
EBITDA Growth	0.00%	67.79%	-5.56%	-22.34%
EBIT Growth	0.00%	90.09%	-12.88%	-38.92%
NOPAT Growth	0.00%	92.84%	-15.12%	-39.39%
Net Income Growth	0.00%	92.55%	-15.70%	-33.16%
EPS Growth	0.00%	0.00%	-14.07%	-55.44%
Operating Cash Flow Growth	0.00%	177.54%	14.87%	-95.22%
Free Cash Flow Firm Growth	0.00%	0.00%	107.42%	-552.21%
Invested Capital Growth	0.00%	0.00%	15.87%	32.85%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	29.33%	32.25%	35.57%	33.65%
EBITDA Margin	12.52%	16.33%	14.23%	10.41%
Operating Margin	8.40%	12.71%	10.07%	5.11%
EBIT Margin	8.88%	13.12%	10.55%	6.07%
Profit (Net Income) Margin	6.97%	10.43%	8.11%	5.11%
Tax Burden Percent	82.55%	81.86%	80.90%	91.05%
Interest Burden Percent	95.07%	97.12%	95.08%	92.45%
Effective Tax Rate	17.45%	18.14%	19.10%	8.95%
Return on Invested Capital (ROIC)	0.00%	50.46%	19.84%	9.62%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	51.01%	19.52%	22.92%
Return on Net Nonoperating Assets (RNNOA)	0.00%	19.48%	6.00%	1.76%
Return on Equity (ROE)	0.00%	69.94%	25.84%	11.38%
Cash Return on Invested Capital (CROIC)	0.00%	-149.54%	5.14%	-18.59%
Operating Return on Assets (OROA)	0.00%	17.21%	13.78%	6.83%
Return on Assets (ROA)	0.00%	13.68%	10.60%	5.75%
Return on Common Equity (ROCE)	0.00%	69.94%	25.84%	11.38%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	1.53	2.94	2.50	1.52
NOPAT Margin	6.94%	10.40%	8.15%	4.65%
Net Nonoperating Expense Percent (NNEP)	0.00%	-0.55%	0.32%	-13.30%
Return On Investment Capital (ROIC_SIMPLE)	-	24.55%	15.53%	6.61%
Cost of Revenue to Revenue	70.67%	67.75%	64.43%	66.35%
SG&A Expenses to Revenue	15.09%	13.73%	17.04%	17.23%
R&D to Revenue	0.30%	0.22%	0.18%	0.36%
Operating Expenses to Revenue	20.93%	19.55%	25.50%	28.54%
Earnings before Interest and Taxes (EBIT)	1.95	3.72	3.24	1.98
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2.76	4.62	4.37	3.39
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.95	0.74	3.05
Price to Tangible Book Value (P/TBV)	0.00	0.95	0.74	3.05
Price to Revenue (P/Rev)	0.36	0.28	0.26	1.73
Price to Earnings (P/E)	5.21	2.71	3.21	33.78
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	19.18%	36.92%	31.13%	2.96%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.83	0.79	3.10
Enterprise Value to Revenue (EV/Rev)	0.00	0.34	0.35	1.71
Enterprise Value to EBITDA (EV/EBITDA)	0.00	2.10	2.45	16.44
Enterprise Value to EBIT (EV/EBIT)	0.00	2.62	3.31	28.21
Enterprise Value to NOPAT (EV/NOPAT)	0.00	3.30	4.28	36.81
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	3.58	3.43	374.67
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	16.53	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.42	0.49	0.24
Long-Term Debt to Equity	0.00	0.35	0.24	0.14
Financial Leverage	0.00	0.38	0.31	0.08
Leverage Ratio	0.00	2.56	2.44	1.98
Compound Leverage Factor	0.00	2.48	2.32	1.83
Debt to Total Capital	0.00%	29.59%	32.77%	19.60%
Short-Term Debt to Total Capital	0.00%	5.08%	16.86%	8.47%
Long-Term Debt to Total Capital	0.00%	24.51%	15.91%	11.13%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	70.41%	67.23%	80.40%
Debt to EBITDA	0.00	0.77	1.21	1.32
Net Debt to EBITDA	0.00	0.37	0.62	-0.13
Long-Term Debt to EBITDA	0.00	0.64	0.59	0.75
Debt to NOPAT	0.00	1.21	2.11	2.96
Net Debt to NOPAT	0.00	0.58	1.08	-0.30
Long-Term Debt to NOPAT	0.00	1.00	1.02	1.68
Altman Z-Score	0.00	2.97	2.80	4.45
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	1.70	1.86	2.26
Quick Ratio	0.00	1.19	1.22	1.62
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-8.73	0.65	-2.93
Operating Cash Flow to CapEx	701.61%	27,400.10%	1,823.30%	32.55%
Free Cash Flow to Firm to Interest Expense	0.00	-81.42	4.07	-19.62
Operating Cash Flow to Interest Expense	11.11	25.31	19.58	1.00
Operating Cash Flow Less CapEx to Interest Expense	9.52	25.22	18.51	-2.07
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	1.31	1.31	1.13
Accounts Receivable Turnover	0.00	3.32	3.52	3.51
Inventory Turnover	0.00	4.41	4.40	4.21
Fixed Asset Turnover	0.00	6.16	6.89	7.18
Accounts Payable Turnover	0.00	3.82	4.04	4.15
Days Sales Outstanding (DSO)	0.00	110.05	103.75	104.06
Days Inventory Outstanding (DIO)	0.00	82.75	82.95	86.76
Days Payable Outstanding (DPO)	0.00	95.47	90.43	87.92
Cash Conversion Cycle (CCC)	0.00	97.32	96.27	102.90
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	12	14	18
Invested Capital Turnover	0.00	4.85	2.44	2.07
Increase / (Decrease) in Invested Capital	0.00	12	1.85	4.44
Enterprise Value (EV)	0.00	9.72	11	56
Market Capitalization	8.00	8.00	8.00	56
Book Value per Share	$0.00	$0.68	$0.87	$1.31
Tangible Book Value per Share	$0.00	$0.68	$0.87	$1.31
Total Capital	0.00	12	16	23
Total Debt	0.00	3.55	5.28	4.49
Total Long-Term Debt	0.00	2.94	2.56	2.55
Net Debt	0.00	1.72	2.70	-0.45
Capital Expenditures (CapEx)	0.14	0.01	0.17	0.46
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	4.93	8.27	8.39
Debt-free Net Working Capital (DFNWC)	0.00	6.76	11	13
Net Working Capital (NWC)	0.00	6.15	8.13	11
Net Nonoperating Expense (NNE)	-0.01	-0.01	0.01	-0.15
Net Nonoperating Obligations (NNO)	0.00	3.23	2.70	-0.45
Total Depreciation and Amortization (D&A)	0.80	0.91	1.13	1.41
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	17.42%	26.96%	25.77%
Debt-free Net Working Capital to Revenue	0.00%	23.88%	35.34%	40.94%
Net Working Capital to Revenue	0.00%	21.73%	26.50%	34.99%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.15	$0.09
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	12.50M	14.06M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.09
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	12.50M	14.06M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	12.50M	14.50M
Normalized Net Operating Profit after Tax (NOPAT)	1.53	2.94	2.50	1.52
Normalized NOPAT Margin	6.94%	10.40%	8.15%	4.65%
Pre Tax Income Margin	8.44%	12.74%	10.03%	5.61%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	22.21	34.67	20.34	13.25
NOPAT to Interest Expense	17.35	27.47	15.71	10.15
EBIT Less CapEx to Interest Expense	20.62	34.57	19.27	10.19
NOPAT Less CapEx to Interest Expense	15.77	27.38	14.63	7.09
Payout Ratios	-	-	-	-
Dividend Payout Ratio	45.74%	29.29%	59.61%	0.00%
Augmented Payout Ratio	45.74%	29.29%	59.61%	0.00%

No quarterly metrics and ratios for Rectitude are available.

Financials Breakdown Chart

Rectitude Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Rectitude's fiscal year ends in March. Their fiscal year 2025 ended on March 31, 2025.

The last 5 years of Rectitude's net income performance:

2022: $1.53 million
2023: $2.95 million
2024: $2.49 million
2025: $1.66 million

Find out what analysts predict for Rectitude in the coming months.

Rectitude's total operating income in 2025 was $1.66 million, based on the following breakdown:

Total Gross Profit: $10.96 million
Total Operating Expenses: $9.30 million

Over the last 3 years, Rectitude's total revenue changed from $22.02 million in 2022 to $32.57 million in 2025, a change of 47.9%.

Rectitude's total liabilities were at $14.07 million at the end of 2025, a 3.3% decrease from 2024, and a 7.1% increase since 2023.

In the past 2 years, Rectitude's cash and equivalents has ranged from $1.83 million in 2023 to $4.94 million in 2025, and is currently $4.94 million as of their latest financial filing in 2025.

Over the last 3 years, Rectitude's book value per share changed from 0.00 in 2022 to 1.31 in 2025, a change of 131.1%.

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Financial statements for NASDAQ:RECT last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Rectitude (RECT) Financials

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Rectitude Financials - Frequently Asked Questions

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Rectitude (RECT) Financials

Annual Income Statements for Rectitude

Quarterly Income Statements for Rectitude

Annual Cash Flow Statements for Rectitude

Quarterly Cash Flow Statements for Rectitude

Annual Balance Sheets for Rectitude

Quarterly Balance Sheets for Rectitude

Annual Metrics And Ratios for Rectitude

Quarterly Metrics And Ratios for Rectitude

Financials Breakdown Chart

Rectitude Financials - Frequently Asked Questions

When does Rectitude's financial year end?

How has Rectitude's net income changed over the last 3 years?

What is Rectitude's operating income?

How has Rectitude's revenue changed over the last 3 years?

How much debt does Rectitude have?

How much cash does Rectitude have?

How has Rectitude's book value per share changed over the last 3 years?

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