RBR Global Inc (PK:RBRI)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| Company Contact | |
| Address: | 1540 International Parkway LAKE MARY FL 32746 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Craig Lees Baxter Niven Interim Chief Executive Officer, Interim Chief Financial Officer, Assistant Secretary, Director | ||
| Business Overview |
| RBR Global, Inc., through its subsidiary, RBR Global LLC, operates as a business funding company. The Company provides funds for small to medium-sized businesses. It offers customized capital solutions for its clients. Its funding solutions include Merchant Cash Advances and Consolidation. Its Merchant Cash Advances to allows merchants to access working capital needed based on current sales with payment terms automatically drafted from merchants primary account. Its Consolidation solution payoff other merchant cash advance balances and roll them all into one new cash advance installment. |
| Financial Overview |
| For the fiscal year ended 31 December 2021, RBR Global Inc revenues increased from $2.4M to $8.2M. Net loss decreased 86% to $1.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Gain on settlement of liabilities increase from $0K to $13.8M (income), Foreign currency exchange income (loss) increase from $1.3M (expense) to $1M (income). |
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