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RTB Digital
(NASDAQ:RTB)
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Rating:45Neutral
Price Target:
$8.50
▼(-34.31% Downside)
Action:Reiterated
Date:10/03/26
The score is held down primarily by weak financial performance (persistent large losses, severely pressured margins, and heavy negative operating/free cash flow). Technicals also lean bearish with price below key moving averages and a negative MACD. Offsetting factors are limited to positive corporate developments (forecast/partnership progress and financing/leadership actions), while valuation support is constrained because the negative P/E reflects ongoing losses and there is no dividend yield.
Positive Factors
Partnership-led growth potential
The planned Paradium.AI partnership could materially expand customer volume, audience reach and monetization if completed and financed. The forecast also indicates potential operating leverage from largely fixed costs, creating a pathway toward stronger margins and EBITDA generation over the next several quarters.
Negative Factors
Severe profitability pressure
Extremely thin gross margin and persistent net losses show that RTB’s current revenue base is not covering the cost structure. Unless the business achieves the planned scale and improves unit economics, continued losses could constrain reinvestment, weaken financial resilience and dilute the impact of future growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Partnership-led growth potential
The planned Paradium.AI partnership could materially expand customer volume, audience reach and monetization if completed and financed. The forecast also indicates potential operating leverage from largely fixed costs, creating a pathway toward stronger margins and EBITDA generation over the next several quarters.
Read all positive factors
RTB Digital (RTB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$129.72M
Dividend YieldN/A
Average Volume (3M)138.27K
Price to Earnings (P/E)―
Beta (1Y)3.02
Revenue Growth-76.92%
EPS Growth86.08%
CountryUS
Employees15
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)N/A
Shares Outstanding14,008,209
10 Day Avg. Volume95,463
30 Day Avg. Volume138,271
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)5.01
Price to Sales (P/S)0.30
P/FCF Ratio-0.14
Enterprise Value/Market Cap54.71K
Enterprise Value/Revenue679.66K
Enterprise Value/Gross Profit7.96M
Enterprise Value/Ebitda-387.24K
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RTB Digital Business Overview & Revenue Model
Company Description
RTB Digital, Inc., doing business as Roundtable, owns and operates a Web3 digital media Software as a Service technology platform that enables media brands and journalists to distribute, publish, monetize, and engage with their communities within ...
RTB Digital Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
28
Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Dec 2025 | Mar 2025 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.44M | 11.13M | 1.18M | 170.00K | 32.91M | 26.30M |
| Gross Profit | 892.00K | -1.18M | 359.00K | -362.00K | 16.12M | 16.23M |
| EBITDA | -18.33M | -13.40M | -1.07M | -1.40M | -6.13M | -29.43M |
| Net Income | -19.23M | -11.03M | -1.32M | -1.49M | -49.24M | -35.27M |
Balance Sheet | ||||||
| Total Assets | 44.06M | 13.10M | 937.00K | 813.00K | 97.66M | 114.05M |
| Cash, Cash Equivalents and Short-Term Investments | 744.00K | 7.43M | 8.00K | 22.00K | 13.96M | 89.05M |
| Total Debt | 3.42M | 3.13M | 0.00 | 460.00K | 63.39M | 79.57M |
| Total Liabilities | 13.74M | 12.43M | 1.52M | 1.71M | 99.58M | 84.58M |
| Stockholders Equity | 30.33M | 668.00K | -587.00K | -901.00K | -1.92M | 29.47M |
Cash Flow | ||||||
| Free Cash Flow | -23.98M | -23.12M | -1.53M | -875.00K | -9.51M | -27.32M |
| Operating Cash Flow | -25.06M | -23.04M | -997.00K | -874.00K | -9.34M | -27.17M |
| Investing Cash Flow | 3.30M | -76.35M | -282.00K | -1.00K | -47.65M | -2.66M |
| Financing Cash Flow | 13.89M | 13.89M | 1.26M | 500.00K | -10.05M | 116.06M |
RTB Digital Technical Analysis
Neutral
12.94
Price Trends
12.66
Negative
11.24
Negative
8.60
Positive
Market Momentum
-0.84
Negative
44.24
Neutral
39.06
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RTB, the sentiment is Neutral. The current price of 12.94 is above the 20-day moving average (MA) of 8.91, above the 50-day MA of 12.66, and above the 200-day MA of 8.60, indicating a neutral trend. The MACD of -0.84 indicates Negative momentum. The RSI at 44.24 is Neutral, neither overbought nor oversold. The STOCH value of 39.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RTB.
RTB Digital Risk Analysis
RTB Digital disclosed 47 risk factors in its most recent earnings report. RTB Digital reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
RTB Digital Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
54 Neutral | $13.64M | -3.89 | -40.30% | ― | 20.31% | 90.57% | |
49 Neutral | $10.21M | -7.18 | -14.51% | ― | 1.61% | 58.69% | |
45 Neutral | $129.72M | -0.88 | -129.34% | ― | -76.92% | 86.08% | |
44 Neutral | $3.90M | -0.07 | -43.25% | ― | -30.68% | 80.50% | |
44 Neutral | $3.51M | -0.02 | -103.65% | 1.17% | -6.48% | -100.27% | |
41 Neutral | $1.81M | ― | 135.87% | ― | 7.10% | 84.60% |
* Technology Sector Average
RTB
RTB Digital
9.26
-4.94
-34.79%
BLIN
Bridgeline Digital
0.81
-0.54
-40.00%
TAOP
Taoping
0.41
-2.62
-86.60%
CETX
Cemtrex
2.04
-53.06
-96.30%
DTSS
Datasea
0.84
-1.18
-58.36%
HUBC
Hub
1.01
-719,999.39
-100.00%
RTB Digital Corporate Events
Business Operations and StrategyExecutive/Board Changes
RTB Digital Adds Former UK Prime Minister Truss
Positive
Oct 2, 2026
On September 30, 2026, RTB Digital appointed former U.K. Prime Minister Mary Elizabeth Truss to its Board of Directors, where she will serve until a successor is elected and qualified. The company expects her extensive government, international tr...
Business Operations and StrategyPrivate Placements and Financing
RTB Digital Raises Capital Through Insider-Focused Private Placement
Positive
Sep 22, 2026
On September 16 and 22, 2026, RTB Digital, Inc. entered into loan agreements to provide certain borrowers with an aggregate of $5.5 million in secured loans bearing 20% annual interest, collateralized by equity owned by the borrowers. These transa...
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
RTB Digital Issues 2027 Operating Forecast and Outlook
Positive
Sep 22, 2026
On Sept. 22, 2026, Seattle‑based Roundtable filed a Form 8‑K announcing its first full‑year operating forecast for 2027, projecting about $102 million in revenue and Adjusted EBITDA‑positive operations. The AI/DeFi‑po...
Business Operations and StrategyExecutive/Board Changes
RTB Digital Appoints Liz Truss to Board, Leads Coalition
Positive
Sep 18, 2026
On September 18, 2026, Roundtable announced that former U.K. Prime Minister Liz Truss joined its board of directors and will spearhead the formation of a European Press Coalition using the company’s media operating system. Truss, drawing on ...
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and Compliance
RTB Digital Appoints Heckman as New Chief Executive
Positive
Sep 16, 2026
On September 10, 2026, RTB Digital, Inc. entered into an Executive Services Agreement with Heckman Media LLC, retroactive to June 1, 2026, under which James Heckman will serve as Chief Executive Officer and as a director, subject to normal board n...
Business Operations and StrategyFinancial DisclosuresShareholder Meetings
RTB Digital CEO to Discuss Transformational Partnership
Positive
Sep 15, 2026
On September 15, 2026, Roundtable announced that CEO James Heckman will host a shareholder video call on Thursday, September 17, 2026, to discuss a strategic partnership tied to a previously disclosed $10 million deposit. The call is positioned as...
Business Operations and Strategy
RTB Digital Advances Strategic Partnership Toward Finalization
Positive
Sep 9, 2026
RTB Digital, a digital advertising and marketing technology company, is working to finalize a strategic partnership agreement that builds on previously disclosed negotiations. The deal structure includes applying a previously announced $10 million...
Business Operations and Strategy
RTB Digital Forms Strategic Media Partnership with Mario Nawfal
Positive
Jul 17, 2026
On July 17, 2026, Roundtable (RTB Digital, Inc.) finalized a comprehensive technology partnership with Mario Nawfal, whose journalism reportedly generates more than one billion monthly video views. Under the agreement, Roundtable will power Nawfal...
Business Operations and Strategy
RTB Digital Highlights Extensive Post-Combination Share Lock-Up
Positive
Jul 13, 2026
On May 12, 2026, RTB Digital, Inc. completed a business combination and subsequently finalized lock-up arrangements covering shares held by its founders and major investors. As of July 13, 2026, the company has 13,619,997 common shares issued and ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.