Utilities · Renewable Utilities
Price
$1.93
Market Cap
$15.7M
Employees
4
Beta
-0.27
Avg Volume
31,064
CEO
Randall Seidl
Business Description
Rain Enhancement Technologies Holdco, Inc. is structured as a holding company. Through its various subsidiaries, the entity focuses on developing and bringing to market innovative ionization technology aimed at augmenting natural rainfall. This solution provides supplementary precipitation to a broad spectrum of clients, including various industries, supranational bodies, sovereign nations, and local jurisdictions.
Business History
Price Overview
Last updated: Jun 27, 2026 10:09am (just now)$1.93
-0.06 (-3.02%)
Day Range
$1.93 – $2.10
52-Week Range
$1.26 – $8.52
50-Day MA
$2.08
200-Day MA
$3.75
Volume
21,372.00
Share Structure
Outstanding
8,131,081.00
Float
2,821,353.00
Free Float
34.7%
Moderate free float
— 34.7% of shares trade freely, ~65.3% held by insiders/institutions
Reasonable but insiders still hold a significant stake. This can be positive (skin in the game) but may limit liquidity during sell-offs.
Small absolute float (2.8M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-1.61
Stock Price: $1.93
EPS (Diluted): -1.20
EPS (Diluted): -1.20
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
-3.45
Stock Price: $1.93
Total Equity: -$12.75M
Shares: 7,528,761
Total Equity: -$12.75M
Shares: 7,528,761
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-3.03
Market Cap: $15.69M
Total Debt: $9.50M
Cash: $213,688
EBITDA: -$8.79M
Total Debt: $9.50M
Cash: $213,688
EBITDA: -$8.79M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$53.3M
Market Cap: $15.69M
Total Debt: $9.50M
Cash: $213,688
Total Debt: $9.50M
Cash: $213,688
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
0.00
Stock Price: $1.93
Revenue: $0.00
Shares: 7,528,761
Revenue: $0.00
Shares: 7,528,761
EV/Sales (Total value vs revenue — works when P/E can't)
API0.00
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
0.0%
Gross Profit: -$18,576
Revenue: $0.00
Revenue: $0.00
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
0.0%
Operating Income: -$7.73M
Revenue: $0.00
Revenue: $0.00
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
0.0%
Net Income: -$9.09M
Revenue: $0.00
Revenue: $0.00
ROE (Profit from shareholder equity)
APINet Income / Total Equity
85.3%
Net Income: -$9.09M
Total Equity: -$12.75M
Total Equity: -$12.75M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
746.0%
Operating Income: -$7.73M
Tax Rate: 0.0%
Equity: -$12.75M
Total Debt: $9.50M
Cash: $213,688
Tax Rate: 0.0%
Equity: -$12.75M
Total Debt: $9.50M
Cash: $213,688
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.02
Current Assets: $317,484
Current Liabilities: $13.29M
Current Liabilities: $13.29M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
-0.75
Short-Term Debt: $9.50M
Long-Term Debt: $0.00
Total Debt: $9.50M
Total Equity: -$12.75M
Long-Term Debt: $0.00
Total Debt: $9.50M
Total Equity: -$12.75M
Rev/Share (Top-line per share)
Revenue / Shares Outstanding
—
Revenue: $0.00
Shares: 7,528,761
Shares: 7,528,761
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$-1.69
Total Equity: -$12.75M
Shares: 7,528,761
Shares: 7,528,761
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-0.39
Operating CF: -$1.95M
CapEx: -$987,805
Shares: 7,528,761
CapEx: -$987,805
Shares: 7,528,761
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $1.93
Stock Price: $1.93
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$9.09M
Net Income: -$9.09M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares RAIN against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 22, 2026 6:38pm (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $0 | $0 | $0 | $0 | $18,576 |
| Gross Profit | $0 | $0 | $0 | $0 | $-18,576 |
| Operating Expenses | $533,130 | $77.1M | $410,073 | $4.5M | $7.7M |
| Operating Income | $-533,130 | -$77.1M | $-410,073 | -$4.5M | -$7.7M |
| Net Income | $4.4M | -$75.7M | $-437,007 | -$4.5M | -$9.1M |
| EBITDA | $4.8M | -$77.1M | $-397,318 | -$4.5M | -$8.8M |
| EPS | $-11.64 | $-16.26 | $-0.06 | $-2.29 | $-1.20 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 22, 2026 6:38pm (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $801,945 | $100,000 | $37,345 | $32,604 | $213,688 |
| Total Current Assets | $1.3M | $100,000 | $45,481 | $769,939 | $317,484 |
| Total Assets | $151.6M | $320,802 | $517,789 | $1.3M | $1.8M |
| Current Liabilities | $26,996 | $534,511 | $1.2M | $6.2M | $13.3M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $12.5M | $534,511 | $1.2M | $6.6M | $14.5M |
| Total Equity | $139.1M | $-213,709 | $-636,875 | -$5.3M | -$12.7M |
| Retained Earnings | -$11.0M | -$1.3M | -$1.7M | -$6.3M | -$15.3M |
Cash Flow (Annual)
Last updated: Jun 22, 2026 6:38pm (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$1.3M | -$63.2M | $-238,113 | -$1.3M | -$2.0M |
| Capital Expenditure | $2 | $-8,000 | $-264,154 | $-45,828 | $-987,805 |
| Free Cash Flow | -$1.3M | -$63.2M | $-502,267 | -$1.4M | -$2.9M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $801,945 | $37.2M | $-62,655 | $-4,741 | $181,084 |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 10:09am (just now)| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | $0 | $0 | $0 |
| EBITDA | $0 | $0 | $0 |
| Net Income |
-$1.7M -$2.6M – $-929,354
|
-$5.4M -$5.4M – -$5.4M
|
-$6.0M -$6.0M – -$6.0M
|
| EPS | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 22, 2026 6:38pm (4d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | — | — | — | — |
| Gross Profit Growth | — | — | — | — |
| Operating Income Growth | -14,368.5% | +99.5% | -998.2% | -71.6% |
| Net Income Growth | -1,826.2% | +99.4% | -937.5% | -100.5% |
| EBITDA Growth | -1,707.4% | +99.5% | -1,030.5% | -95.7% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-05 | Riley Christopher Michael | A-Award | 50,000.00 | $0.00 | $0 |
| 2026-06-05 | Sylvester David C | A-Award | 40,000.00 | $0.00 | $0 |
| 2026-06-05 | Steele Alexandra | A-Award | 80,000.00 | $0.00 | $0 |
| 2026-06-05 | DICKERSON LYMAN B | A-Award | 80,000.00 | $0.00 | $0 |
| 2026-06-05 | Reardon Robert | A-Award | 80,000.00 | $0.00 | $0 |
| 2026-06-05 | Truong Oanh | A-Award | 50,000.00 | $0.00 | $0 |
| 2026-06-05 | PEPERZAK MARCUS | A-Award | 80,000.00 | $0.00 | $0 |
| 2026-06-05 | You Harry L. | A-Award | 1,612,903.00 | $4,000,000.00 | $6.5T |
| 2025-05-22 | Seidl Randy | P-Purchase | 4,000.00 | $2.58 | $10,320 |
| 2025-05-21 | Seidl Randy | P-Purchase | 30,000.00 | $2.53 | $75,900 |
| 2025-05-20 | Seidl Randy | P-Purchase | 8,514.00 | $1.73 | $14,729 |
| 2025-12-22 | Sylvester David C | 0.00 | $0.00 | $0 | |
| 2025-09-09 | DICKERSON LYMAN B | S-Sale | 1,917.00 | $5.24 | $10,045 |
| 2025-09-10 | DICKERSON LYMAN B | S-Sale | 215.00 | $5.55 | $1,193 |
| 2025-09-11 | DICKERSON LYMAN B | S-Sale | 398.00 | $5.80 | $2,308 |
| 2025-09-12 | DICKERSON LYMAN B | S-Sale | 4,787.00 | $5.78 | $27,669 |
| 2025-09-05 | Seidl Randy | A-Award | 602,320.00 | $0.00 | $0 |
| 2025-04-01 | Reardon Robert | 0.00 | $0.00 | $0 | |
| 2025-04-01 | PEPERZAK MARCUS | 0.00 | $0.00 | $0 | |
| 2024-01-26 | TANG KEVIN C | U-Tender | 3,850,513.00 | $1.16 | $4.5M |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for RAIN — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30