Retractable Technologies cash flow, quarter by quarter

In Q2 2026, Retractable Technologies generated −$1.7M of operating cash flow and spent $30K on capital projects, leaving free cash flow of −$1.8M. That is $2.3M more than in Q2 2025 (−$4.1M).

Over the twelve months to Jun 30, 2026, operating cash flow was −$5.0M; the largest uses were operating cash flow ($5.0M), net borrowing (+) / repaid (−) ($352K), other financing ($280K); besides operations, cash came from other investing ($5.2M); the cash balance fell by $404K.

Operating cash flow was −$1.7M against net income of $2.8M — -0.6× profit, less cash than reported earnings, worth checking against working capital. The largest differences: receivables −$2.2M, depreciation & amortization +$1.9M, accrued liabilities +$1.6M.

Its cash conversion cycle was 233 days (receivables 101 + inventory 210 − payables 78).

Retractable Technologies is burning cash: its operations consume cash, a free cash flow of −$5.0M a year at the current rate against $2.6M of cash and investments: a runway of about 6 months; $367K of debt also comes due within a year, which would need refinancing or new money before any new financing.