RMCF
Rocky Mountain Chocolate Factory, Inc.
NasdaqCMUSDEQUITY
Consumer Defensive
DELAYED
Last price
1.21
▲ 0.01 (0.89%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
1.19
Prev close
1.20
Day high
1.25
Day low
1.16
Volume
142.74K
Market cap
$11.52M
P/E (TTM)
—
52W range
0.66 – 2.99
Insider net activity
Net shares
-118.34K
Net selling
Buy transactions
2
161.66K shares
Sell transactions
4
280.00K shares
Net transactions
+6
Buys less sells
Sell : buy shares
1.7 : 1
Mixed
Insider-held shares
3.07M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jul 8, 26 | HARPER ALLEN C Chief Executive Officer |
STOCK | 107.40K | $0 | Direct |
| May 4, 26 | AMERICAN HERITAGE RAILWAYS INC., Beneficial Owner of more than 10% of a Class of Security |
SELL | 85.90K | $210.46K | Direct |
| May 4, 26 | HARPER ALLEN C Beneficial Owner of more than 10% of a Class of Security |
SELL | 85.90K | $210.46K | Indirect |
| Mar 5, 26 | AMERICAN HERITAGE RAILWAYS INC., Beneficial Owner of more than 10% of a Class of Security |
SELL | 54.10K | $140.83K | Direct |
| Mar 5, 26 | HARPER ALLEN C Beneficial Owner of more than 10% of a Class of Security |
SELL | 54.10K | $140.83K | Indirect |
| Mar 5, 26 | CASS CARRIE E Chief Financial Officer |
STOCK | 54.26K | $0 | Direct |
| Jan 16, 26 | GEYGAN JEFFREY RICHART GEYGAN Chief Executive Officer |
BUY | 11.30K | $22.35K | Indirect |
| Jan 16, 26 | GLOBAL VALUE INVESTMENT CORP Beneficial Owner of more than 10% of a Class of Security |
BUY | 11.30K | $22.35K | Indirect |
| Dec 22, 25 | KEATING MELVIN L Director |
STOCK | 25.25K | $0 | Direct |
| Dec 22, 25 | CRAIG STEVEN LYNN Director |
STOCK | 25.25K | $0 | Direct |
| Dec 22, 25 | QUINN BRIAN J Director |
STOCK | 25.25K | $0 | Direct |
| Dec 22, 25 | FRISCIONE JACOME PEREZ ALBERTO Director |
STOCK | 16.39K | $0 | Direct |
| Nov 4, 25 | GEYGAN JEFFREY RICHART GEYGAN Chief Executive Officer |
BUY | 8.94K | $14.64K | Indirect |
| Nov 4, 25 | GLOBAL VALUE INVESTMENT CORP Beneficial Owner of more than 10% of a Class of Security |
BUY | 8.94K | $14.64K | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
AMERICAN HERITAGE RAILWAYS INC., |
Beneficial Owner of more than 10% of a Class of Security | 860.00K | Sale |
CASS CARRIE E |
Chief Financial Officer | 124.26K | Stock Award(Grant) |
CRAIG STEVEN LYNN |
Director | 308.67K | Stock Award(Grant) |
GEYGAN JEFFREY RICHART GEYGAN |
Chief Executive Officer | — | Purchase |
GLOBAL VALUE INVESTMENT CORP |
Beneficial Owner of more than 10% of a Class of Security | — | Purchase |
HARPER ALLEN C |
Chief Executive Officer | 124.52K | Stock Award(Grant) |
KEATING MELVIN L |
Director | 40.46K | Stock Award(Grant) |
QUINN BRIAN J |
Director | 36.34K | Stock Award(Grant) |
RADOFF BRADLEY LOUIS |
Beneficial Owner of more than 10% of a Class of Security | — | Sale |
RIEGEL MARK O |
Director | 35.18K | Stock Award(Grant) |
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
0.00%
+1.4%
1M
+31.18%
+27.5%
3M
-36.13%
-39.2%
6M
-52.16%
-63.2%
YTD
-35.79%
-48.1%
1Y
-15.86%
-35.9%
3Y
-77.45%
-151.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$11.52M
Enterprise value$19.18M
Revenue (TTM)$27.24M
Gross profit$2.71M
EBITDA$-3.02M
Net income$-5.40M
EPS (TTM)$-0.64
Free cash flow$-1.22M
Total cash$609.00K
Total debt$8.27M
Book value / share$0.44
Shares outstanding9.44M
Float6.13M
Short % of float2.74%
Dividend yield—
Beta (5Y)0.70
Short interest
Shares short
98.36K
Prior 46.73K
Change vs prior
+110.5%
Shorts adding
% of float
2.74%
Normal
% of shares out
1.04%
Against total outstanding
Days to cover
1.5
Liquid
Float
6.13M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Valuation & profitability ratios
Trailing P/E—
Forward P/E1.27
PEG ratio—
Price / sales—
Price / book2.77
EV / revenue0.70
EV / EBITDA-6.34
Gross margin9.93%
Operating margin-16.46%
Profit margin-19.84%
Return on equity-99.38%
Return on assets-14.13%
Debt / equity199.52
Current ratio1.13
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Total revenue | $27.50M | $29.58M | $27.95M | $30.43M | -7.0% |
| Operating revenue | $27.50M | $29.58M | $27.95M | $30.43M | -7.0% |
| Cost of revenue | $23.10M | $26.33M | $23.24M | $22.28M | -12.3% |
| Gross profit | $4.40M | $3.25M | $4.71M | $8.15M | +35.4% |
| Selling, general & admin | $6.38M | $8.30M | $8.81M | $12.39M | -23.1% |
| Total operating expense | $7.99M | $9.19M | $9.62M | $13.04M | -13.1% |
| Operating income | -$3.59M | -$5.94M | -$4.90M | -$4.89M | +39.6% |
| Net interest income | -$786.00K | -$427.00K | $26.00K | $16.49K | -84.1% |
| Pre-tax income | -$4.37M | -$6.12M | -$4.88M | -$4.87M | +28.6% |
| Tax provision | $187.00K | $0 | $0 | $613.84K | — |
| Net income | -$4.56M | -$6.12M | -$4.17M | -$5.68M | +25.5% |
| Net income to common | -$4.56M | -$6.12M | -$4.17M | -$5.68M | +25.5% |
| Basic EPS | -0.56 | -0.86 | -0.66 | -0.91 | +34.9% |
| Diluted EPS | -0.56 | -0.86 | -0.66 | -0.91 | +34.9% |
| EBIT | -$3.53M | -$5.67M | -$4.82M | -$4.86M | +37.7% |
| EBITDA | -$2.13M | -$4.72M | -$3.94M | -$4.10M | +54.9% |
| Basic shares | 8.14M | 7.08M | 6.29M | 6.23M | +15.0% |
| Diluted shares | 8.14M | 7.08M | 6.29M | 6.23M | +15.0% |
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.22M | $720.00K | $2.08M | $4.72M | +69.2% |
| Cash & short-term investments | $1.22M | $720.00K | $2.08M | $4.72M | +69.2% |
| Accounts receivable | $2.54M | $3.40M | $2.18M | $2.06M | -25.3% |
| Inventory | $4.06M | $4.63M | $4.36M | $3.64M | -12.4% |
| Total current assets | $8.77M | $9.22M | $9.60M | $11.20M | -4.9% |
| Property, plant & equipment | $10.09M | $10.65M | $9.45M | $8.07M | -5.3% |
| Goodwill & intangibles | $1.31M | $786.00K | $814.00K | $841.53K | +66.5% |
| Total assets | $20.21M | $21.18M | $20.58M | $21.99M | -4.5% |
| Total current liabilities | $6.79M | $6.87M | $8.07M | $5.01M | -1.2% |
| Current debt | — | — | $1.25M | — | — |
| Long-term debt | $6.57M | $5.96M | — | — | +10.3% |
| Total debt | $7.90M | $7.21M | $2.94M | $2.39M | +9.5% |
| Total liabilities | $14.98M | $14.20M | $9.94M | $7.62M | +5.5% |
| Retained earnings | -$9.95M | -$5.39M | $734.00K | $4.91M | -84.6% |
| Shareholder equity | $5.23M | $6.97M | $10.64M | $14.37M | -25.0% |
| Working capital | $1.98M | $2.35M | $1.53M | $6.19M | -15.8% |
| Net tangible assets | $3.92M | $6.19M | $9.82M | $13.53M | -36.7% |
| Shares issued | 9.35M | 7.72M | 6.31M | 6.26M | +21.1% |
| Line item | 2026 | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$4.56M | -$6.12M | -$4.88M | -$5.49M | — | +25.5% |
| Depreciation & amortisation | $1.41M | $950.00K | $887.00K | $765.26K | — | +47.9% |
| Stock-based compensation | $332.00K | $273.00K | $438.00K | $651.02K | — | +21.6% |
| Change in working capital | $1.34M | -$1.75M | $1.41M | -$100.34K | — | +176.5% |
| Operating cash flow | -$1.81M | -$6.59M | -$2.44M | -$2.10M | — | +72.6% |
| Capital expenditure | -$569.00K | -$3.76M | -$3.02M | -$1.00M | — | +84.9% |
| Investing cash flow | -$764.00K | -$1.66M | -$1.45M | -$767.82K | — | +53.8% |
| Share buybacks | — | — | $0 | $0 | -$237.78K | — |
| Dividends paid | — | — | $0 | $0 | -$61.28K | — |
| Financing cash flow | $3.07M | $6.89M | $1.25M | $0 | — | -55.4% |
| Free cash flow | -$2.38M | -$10.36M | -$5.45M | -$3.10M | — | +77.0% |
| End cash position | $1.22M | $720.00K | $2.08M | $4.72M | — | +69.2% |
| Line item | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $6.11M | $6.76M | $7.54M | $6.82M | $6.37M | -9.5% |
| Operating revenue | $6.11M | $6.76M | $7.54M | $6.82M | $6.37M | -9.5% |
| Cost of revenue | $5.19M | $6.77M | $5.57M | $5.77M | $4.99M | -23.3% |
| Gross profit | $920.00K | -$15.00K | $1.97M | $1.05M | $1.39M | +6,233.3% |
| Selling, general & admin | $1.47M | $2.58M | $1.40M | $1.20M | $1.21M | -43.0% |
| Total operating expense | $1.93M | $3.03M | $1.89M | $1.53M | $1.53M | -36.4% |
| Operating income | -$1.01M | -$3.04M | $82.00K | -$479.00K | -$145.00K | +67.0% |
| Net interest income | -$162.00K | -$187.00K | -$237.00K | -$183.00K | -$179.00K | +13.4% |
| Pre-tax income | -$1.17M | -$3.23M | -$155.00K | -$662.00K | -$324.00K | +63.9% |
| Tax provision | $0 | $187.00K | $0 | $0 | $0 | -100.0% |
| Net income | -$1.17M | -$3.42M | -$155.00K | -$662.00K | -$324.00K | +65.8% |
| Net income to common | -$1.17M | -$3.42M | -$155.00K | -$662.00K | -$324.00K | +65.8% |
| Basic EPS | -0.12 | -0.38 | -0.02 | -0.09 | -0.04 | +68.4% |
| Diluted EPS | -0.12 | -0.38 | -0.02 | -0.09 | -0.04 | +68.4% |
| EBIT | -$960.00K | -$3.01M | $88.00K | -$472.00K | -$136.00K | +68.1% |
| EBITDA | -$594.00K | -$2.64M | $433.00K | -$127.00K | $210.00K | +77.5% |
| Basic shares | 9.39M | 9.00M | 7.80M | 7.79M | 7.74M | +4.4% |
| Diluted shares | 9.39M | 9.00M | 7.80M | 7.79M | 7.74M | +4.4% |
| Line item | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $609.00K | $1.22M | $641.00K | $2.02M | $893.00K | -50.0% |
| Cash & short-term investments | $609.00K | $1.22M | $641.00K | $2.02M | $893.00K | -50.0% |
| Accounts receivable | $2.73M | $2.54M | $3.85M | $3.19M | $2.33M | +7.1% |
| Inventory | $3.23M | $4.06M | $3.96M | $4.14M | $4.63M | -20.4% |
| Total current assets | $7.55M | $8.77M | $9.06M | $10.18M | $8.38M | -13.9% |
| Property, plant & equipment | $10.38M | $10.09M | $10.25M | $10.76M | $10.36M | +2.9% |
| Goodwill & intangibles | $1.29M | $1.31M | $766.00K | $773.00K | $779.00K | -1.6% |
| Total assets | $19.26M | $20.21M | $20.73M | $22.25M | $20.10M | -4.7% |
| Total current liabilities | $6.68M | $6.79M | $5.46M | $6.65M | $6.16M | -1.5% |
| Long-term debt | $6.57M | $6.57M | $7.77M | $7.77M | $5.96M | +0.1% |
| Total debt | $8.27M | $7.90M | $9.22M | $9.44M | $7.10M | +4.6% |
| Total liabilities | $15.12M | $14.98M | $14.72M | $16.13M | $13.36M | +0.9% |
| Retained earnings | -$11.12M | -$9.95M | -$6.53M | -$6.37M | -$5.71M | -11.7% |
| Shareholder equity | $4.14M | $5.23M | $6.01M | $6.13M | $6.73M | -20.7% |
| Working capital | $864.00K | $1.98M | $3.60M | $3.53M | $2.22M | -56.4% |
| Net tangible assets | $2.86M | $3.92M | $5.24M | $5.35M | $5.95M | -27.1% |
| Shares issued | 9.40M | 9.35M | 7.80M | 7.79M | 7.76M | +0.4% |
| Line item | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$1.17M | -$3.42M | -$155.00K | -$662.00K | -$324.00K | +65.8% |
| Depreciation & amortisation | $366.00K | $369.00K | $345.00K | $345.00K | $346.00K | -0.8% |
| Stock-based compensation | $83.00K | $160.00K | $35.00K | $56.00K | $81.00K | -48.1% |
| Change in working capital | $407.00K | $2.67M | -$1.49M | -$87.00K | $243.00K | -84.8% |
| Operating cash flow | -$345.00K | -$432.00K | -$1.24M | -$488.00K | $350.00K | +20.1% |
| Capital expenditure | -$259.00K | -$307.00K | -$38.00K | -$56.00K | -$168.00K | +15.6% |
| Investing cash flow | -$264.00K | -$263.00K | -$136.00K | -$188.00K | -$177.00K | -0.4% |
| Financing cash flow | $0 | $1.27M | $0 | $1.80M | $0 | -100.0% |
| Free cash flow | -$604.00K | -$739.00K | -$1.28M | -$544.00K | $182.00K | +18.3% |
| End cash position | $609.00K | $1.22M | $641.00K | $2.02M | $893.00K | -50.0% |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Nov 2025 | — | -0.02 | — |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $0 | — |
| Next year | — | — | $0 | — |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders32.51%
Held by institutions35.02%
Institutions holding29
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
1.22
-0.76% from price
SMA 20
1.04
+17.82% from price
SMA 50
1.13
+8.25% from price
SMA 100
1.65
-26.75% from price
SMA 200
1.86
-34.44% from price
EMA 12
1.18
+2.70% from price
EMA 26
1.12
+7.80% from price
EMA 50
1.23
-1.46% from price
RSI (14)
53.4
Neutral
MACD (12,26,9)
0.06
Hist 0.04
ATR (14)
0.26
21.25% of price
Realised vol 30D
266.4%
Annualised
Bollinger upper
1.58
20, 2σ
Bollinger lower
0.49
20, 2σ
50 / 200 cross
Death
1.13 vs 1.86
Trend bias
Below 200
-34.44%
Risk profile
Beta vs SPY
1.73
More volatile than market
Correlation to SPY
0.14
Largely independent
Realised vol 30D
266.4%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-77.0%
Peak to trough
Max drawdown 5Y
-93.2%
Peak to trough
ATR 14
0.26
21.25% of price
Beta (reported)
0.70
5Y monthly, from filing
Dividends & splits
Forward rate—
Forward yield—
5-year avg yield5.48%
Payout ratio0.00%
Ex-dividend dateFeb 27, 2020
Next pay dateOct 15, 2021
Last split105:100
Split dateJul 18, 2007
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-12
Corporate Changes & Voting Matters
8-K · 2026-08-07
Corporate Changes & Voting Matters
8-K/A · 2026-07-14
Proxy Statements
DEFA14A · 2026-07-06
Corporate Changes & Voting Matters
8-K · 2026-06-30
Annual Report to Shareholders
ARS · 2026-06-29
Corporate Changes & Voting Matters
8-K · 2026-06-26
Offering Registrations
S-3 · 2026-06-23
Headlines
Rocky Mountain Chocolate Factory Expands Company-Owned Store Portfolio with Acquisition of Chino Hills, California Location
GlobeNewswire · 33d ago
Rocky Mountain Chocolate: Fiscal Q1 Earnings Snapshot
Associated Press · 39d ago
Rocky Mountain Chocolate Factory Reports Fiscal First Quarter 2027 Financial Results
GlobeNewswire · 39d ago
Rocky Mountain Chocolate Factory Names Allen Harper as Interim CEO
MT Newswires · 47d ago
Rocky Mountain Chocolate Factory Appoints Al Harper as Interim Chief Executive Officer and Principal Executive Officer
GlobeNewswire · 53d ago
Rocky Mountain Chocolate Factory Celebrates First-Ever Coast-to-Coast Grand Opening Celebrations with Ribbon Cuttings on Consecutive Days
GlobeNewswire · 58d ago
Rocky Mountain Chocolate Factory Files $6 Million Mixed Securities Shelf Registration
MT Newswires · 60d ago
Rocky Mountain Chocolate Factory to Participate in The Small Cap Showcase & WTR Insights Conference on June 9, 2026
GlobeNewswire · 75d ago
PRIVATE STRATEGY · BY QUALIFICATION
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