NITCHES INC
Women's, Misses': and Juniors Outerwear · 336.8M shares · +18%/yr ↑ shares · EDGAR filings ↗
Grade
F12Effectively defunct micro-cap with negligible revenue and meaningless negative margins.
Strengths
- n/a — no durable positives
Risks
- No operating business — gross margin -3038%, net margin -58869% on negligible revenue
- Deeply negative returns — ROA -4432%
- Shell-like financials — qualitative (per 10-K)
Notable findings
- RestatementComparison of Year Ended August 31, 2024 to Year Ended August 31, 2023 (Restated) Results of Operations Year ended August 31, Percent 2024 2023 Change Change (Restated) Reven 8-K ↗
- Net lossNet loss (net margin -58869.1%)
- Chronic dilutionShare count +18%/yr over 1y (dilution)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-13091.8%
Net margin
-58869.1%
Return on assets
-4431.8%
Revenue growth (QoQ)
14.3%
Cash & investments
$60K
Stock comp / revenue
41.4%
Supply chain
Customers (1)
- Association of Luxury Suite Directors (ALSD)
Suppliers (2)
- Alamo Distillery
- Brenton Foster
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2025-07-15 | Non-reliance/restatementExhibits | filing ↗ |
| 2025-03-06 | Auditor changeExhibits | filing ↗ |
| 2024-07-30 | Other | filing ↗ |
| 2009-01-22 | Delisting noticeReg FDExhibits | filing ↗ |
| 2008-12-23 | Delisting noticeExhibits | filing ↗ |
| 2008-11-12 | 3.035.03Exhibits | filing ↗ |
| 2008-10-02 | Material agreementAcquisition/disposition | filing ↗ |
| 2008-08-25 | Delisting noticeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 10-K | 2025-09-16 | 2024-08-31 | 0000772263-25-000003 ↗ |
| 8-K | 2025-07-15 | 2025-07-10 | 0001139020-25-000225 ↗ |
| 8-K | 2025-03-06 | 2024-10-11 | 0001393905-25-000087 ↗ |
| 10-K/A | 2025-02-07 | 2023-08-31 | 0001393905-25-000050 ↗ |
| 10-Q/A | 2025-02-04 | 2024-02-29 | 0001393905-25-000044 ↗ |
| 10-Q/A | 2025-02-04 | 2023-11-30 | 0001393905-25-000042 ↗ |
| 10-Q/A | 2025-01-24 | 2024-05-31 | 0001393905-25-000032 ↗ |
| 10-K/A | 2025-01-24 | 2023-08-31 | 0001393905-25-000030 ↗ |
| 10-K/A | 2024-08-30 | 2023-08-31 | 0001393905-24-000313 ↗ |
| 8-K | 2024-07-30 | 2024-07-10 | 0001393905-24-000274 ↗ |
| 10-Q | 2024-07-15 | 2024-05-31 | 0001393905-24-000251 ↗ |
| 10-Q | 2024-04-22 | 2024-02-29 | 0001393905-24-000147 ↗ |