Company Analysis

Reborn Coffee, Inc. (REBN)

Nasdaq: REBN · Retail-Eating Places · Brea, CA · filing with the SEC since 2017
Grade3.6
◀ Past 4.6● Present 2.6▶ Future 4.4
1 est.

The grade of Reborn Coffee, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.6/10
◀ Past4.625% of the headline
● Present2.645% of the headline
▶ Future4.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.6/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
0.3/10

Has it survived what it has been through?

27 warning events since 2017; the latest 2026-09-22.

weight 45% of this tense · 3rd percentile among 43 sector filers · read for itself

From the record

Reborn Coffee, Inc.'s filings since 2017 show 27 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 12 times, the latest 2026-09-22); an auditor change (8-K item 4.01, 4 times, the latest 2024-05-15); a late-report notice (Form NT 10-K or NT 10-Q, 11 times, the latest 2026-08-14) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.0/10

What has it actually done, year after year?

+37.3% a year over 5 filed years; profitable in 0 of 5.

weight 33% of this tense · 71st percentile among 42 sector filers · read for its customers

From the record

Reborn Coffee, Inc.'s 5 filed years say what it did: revenue went from $2 million in fiscal 2021 to $8 million in fiscal 2025, up 37.3% a year; it rose in 4 of 4 years; it never fell from a peak; net income was positive in 0 of 5 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span37.3%top 4% of its family
  • the share of years revenue rosetop 10% of its family
  • the share of filed years with a profitbottom 5% of its family
  • the deepest fall from a revenue peak0.0%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
9.6/10

How has it treated the people who own it?

SI estimate 9.6/10, confidence 35 of 100 (one part).

weight 22% of this tense · 96th percentile among 42 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the top 4% of 42 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 42 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Reborn Coffee, Inc.'s shareholder treatment is put at 9.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 4% of 42 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.6/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
3.0/10

Is it financially healthy right now?

ROE -197%: lost 197¢ per shareholder dollar. Leverage 65%: owes 65¢ per asset dollar.

weight 45% of this tense · 30th percentile among 41 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Reborn Coffee, Inc. lost about 197 cents for every dollar of shareholders' money, and gross profitability: its products earned about 56 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 65 cents per dollar of assets, and net share issuance: its share count grew 82.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 37% of its family
  • return on equitybottom 2% of its family
  • gross profit against assetstop 50% of its family
  • the share count against the year beforebottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.3/10

How strong is its position in its industry?

bottom 33% of 43 in its family; net margin -112.9%.

weight 33% of this tense · 33rd percentile among 43 sector filers · read for its customers

From the record

Reborn Coffee, Inc.'s standing among 43 graded names in its industry family: revenue of $8 million in fiscal 2025 ranks in the bottom 1% by size; a net margin of -112.9% ranks in the bottom 1%; revenue growth of 35.7% a year over the last 3 filed years ranks in the top 3% (its annual reports).

What it rests on

  • revenue against the family$8.1Mbottom 1% of its family
  • net margin-112.9%bottom 1% of its family
  • three-year revenue growth35.7%top 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
0.7/10

What are the people in charge doing?

bottom 7% of 30 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 7th percentile among 30 sector filers · read for its shareholders

From the record

Reborn Coffee, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lim, Jung Jae (CEO and Interim CFO, as filed), filing under that title since 2026-03-25, 8 months (bottom 17% of its family); the 4 officers and directors filing in the last fifteen months have been on the record a median of 8 months (bottom 2%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 4 people in charge now (bottom 2%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 4 peoplebottom 2% of its family
  • the median years the people in charge have filed8 monthsbottom 2% of its family
  • the chief executive's years on the record7 monthsbottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.2/10

How much room does it have to grow?

top 38% of 41 in its family for room to expand.

weight 22% of this tense · 62nd percentile among 41 sector filers · read for itself

From the record

Reborn Coffee, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3 million against debt of $500 thousand leaves 15.9% of its assets as net cash, top 6% of its family; cash from operations less capital spending is -81% of revenue (bottom 1%); a gross margin of 92% (top 10%) (its annual report).

What it rests on

  • cash less debt against assets15.9%top 6% of its family
  • cash from operations less capital spending against revenue-81.0%bottom 1% of its family
  • gross margin92.0%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.3/10

What could actually drive growth from here?

bottom 43% of 42 in its family for growth drivers.

weight 45% of this tense · 43rd percentile among 42 sector filers · read for its customers

From the record

Reborn Coffee, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 35.7% a year over the last three filed years against 37.3% over all 5, slowing (bottom 30% of its family); the newest year grew 36.6% (top 1%); capital spending grew -57.8% a year (bottom 1%) (its annual reports). Reborn Coffee, Inc. reported 4 product lines in fiscal 2025: Stores at $6 million (74%), License Income at $1 million (14%), Service Income Related Party at $929 thousand (12%), and 1 more; 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-1.6 points a yearbottom 30% of its family
  • the newest year's revenue growth36.6%top 1% of its family
  • three-year growth of capital spending-57.8%bottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.4/10

Did its newest year beat what its own record pointed to?

bottom 34% of 39 in its family for expectations against reality.

weight 33% of this tense · 34th percentile among 39 sector filers · read for its shareholders

From the record

Reborn Coffee, Inc.'s newest year against its own record: revenue of $8 million in fiscal 2025 came in 1% above the $8 million its prior three years' pace pointed to (top 24% of its family); net income of $9 million against a prior three-year average of $4 million (bottom 24%); a net margin of a loss larger than its revenue against -92.2% before (bottom 1%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace1.0%top 24% of its family
  • net income against the prior three years' average-110%bottom 24% of its family
  • net margin against its prior average-20.7 pointsbottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton REBN · research, not advice