The strategic review process is the key catalyst — expressions of interest have been received, and a sale or merger could unlock value. Monitor for further 8-K filings regarding the strategic committee's progress or any definitive agreements.
Price Chart
Executive Summary
RMCF reported fiscal Q2 2027 results with total revenue of $6.7M, down slightly from $6.8M a year ago, and a net loss of $1.3M ($0.14/share) vs a $0.7M loss in the prior year. The company completed a $6.6M sale-leaseback of its Durango manufacturing facility, using proceeds to repay $6.6M of 12% debt, and entered into a $2.0M working capital loan with Alpine Bank. The Board has formed a strategic committee to explore alternatives including a possible sale or merger.
Key Financial Metrics
Key Facts
- Q2 FY2027 revenue $6.7M vs $6.8M YoY, a decline of ~1.5%
- Net loss widened to $1.3M ($0.14/share) from $0.7M ($0.09/share) YoY
- Gross margin improved to 8.0% from (0.6)% YoY
- Completed $6.6M sale-leaseback of Durango facility on Oct 16, 2026
- Repaid $6.6M of 12% debt with sale-leaseback proceeds; incurred $0.3M prepayment penalties
- Entered $2.0M working capital loan with Alpine Bank at prime + 1% (floor 6%)
- Board formed strategic committee to explore sale, merger, or going-private transaction
- Company has received expressions of interest from third parties
Financial Impact
Sale-leaseback eliminated $6.6M of 12% debt, saving ~$792K/year in interest; new $2M loan at lower rate provides working capital; Q2 net loss of $1.3M vs $0.7M YoY
Risk Factors
- Revenue continues to decline YoY, driven by lower Durango product sales and royalty fees
- Net loss is widening despite gross margin improvement
- No guarantee the strategic review will result in a transaction
- New $2M loan is secured by substantially all assets, increasing financial risk
Investment Themes
Documents Analyzed
This report is based on 9 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-110733 |
| Document: ea0309068-8k_rocky.htm | 0001213900-26-110733 |
| Document: ea030906801ex10-1.htm | 0001213900-26-110733 |
| Document: ea030906801ex10-3.htm | 0001213900-26-110733 |
| Document: ea030906801ex10-2.htm | 0001213900-26-110733 |
| Document: 0001213900-26-110733-index-headers.html | 0001213900-26-110733 |
| Document: 0001213900-26-110733-index.html | 0001213900-26-110733 |
| Document: 0001213900-26-110733.txt | 0001213900-26-110733 |
| 8-K Data (Synthetic) | 0001213900-26-110733 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 8-K | $0.9200 $0.8900 | ▼ −3.26% | ▼ −3.79% | $0.9000 (−2.17%) |
Oct 19, 2026 7d ago | Press Release | $0.9200 $0.8900 | ▲ +3.26% | ▲ +3.79% | $0.9000 (+2.17%) |
Oct 16, 2026 10d ago | Press Release | $0.9330 $0.9200 | ▼ −1.39% | ▼ −1.73% | $0.9000 (−3.54%) |
Oct 14, 2026 12d ago | NT 10-Q | $0.9000 $0.9117 | ▲ +1.30% | ▲ +2.41% | $0.9000 (−0.00%) |
Oct 6, 2026 20d ago | 8-K | $1.02 $1.05 | ▲ +2.94% | ▲ +3.36% | $0.9000 (−11.76%) |
Aug 24, 2026 9w ago | 8-K | $1.17 $1.11 | ▼ −5.13% | ▼ −5.45% | $0.9000 (−23.08%) |
Jul 14, 2026 14w ago | Press Release | $1.00 $0.9800 | ▲ +2.00% | ▲ +1.46% | $0.9000 (+10.00%) |
Jul 2, 2026 16w ago | EFFECT | $1.09 $1.11 | ▲ +1.83% | ▲ +0.96% | $0.9000 (−17.43%) |
Jun 30, 2026 16w ago | 8-K | $1.07 $1.09 | ▲ +1.87% | ▲ +2.00% | $0.9000 (−15.89%) |
Jun 23, 2026 17w ago | S-3 | $1.50 $1.48 | ▼ −1.33% | ▼ −1.48% | $0.9000 (−40.00%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers