Rubicon Technologies, Inc. (RBT) Stock Analysis
DELISTED 2024
What happened to Rubicon Technologies, Inc. (RBT) stock?
Rubicon Technologies, Inc. (RBT) no longer trades on public markets. It was delisted in June 2024. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Rubicon Technologies, Inc. (RBT) trades at $0.1715. Rubicon Technologies, Inc. operates a digital marketplace connecting businesses and municipalities with waste and recycling solutions. Market cap: $9.39M, Sector: Technology.
Last analyzed: Mar 17, 2026Analyst Coverage for RBT: RBT does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates RBT against Technology peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
RBT: 1/2 scored disciplines lean bearish. Dominant signal: Jim Simons bearish.
How is this calculated? →Rubicon Technologies, Inc. (RBT) Technology Profile & Competitive Position
Rubicon Technologies, Inc. provides cloud-based waste and recycling solutions, operating a digital marketplace that connects businesses and municipalities with haulers and recyclers. The company's technology platform aims to optimize waste management processes and promote sustainability through data-driven insights, serving a global client base.
What Is the Investment Thesis for RBT?
Rubicon Technologies presents a compelling, albeit high-risk, investment case centered on its disruptive approach to the waste management industry. The company's digital marketplace aims to streamline waste and recycling processes, offering potential cost savings and efficiency gains for businesses and municipalities. Key to Rubicon's success is its ability to leverage data and technology to optimize waste collection routes, improve recycling rates, and reduce landfill waste. With a market capitalization of $9.39M, Rubicon is a small-cap company with significant growth potential if it can successfully execute its business plan. However, the company's negative profit margin of -8.2% indicates financial challenges that need to be addressed. The company's beta of 1.50 suggests higher volatility compared to the overall market.
Based on FMP financials and quantitative analysis
RBT Key Highlights
Rubicon Technologies operates in the technology sector, specifically within the Software - Application industry.
- The company provides cloud-based waste and recycling solutions to businesses, governments, and organizations worldwide.
- Rubicon's market capitalization is $0.01 billion, reflecting its small-cap status.
- The company's profit margin is -8.2%, indicating financial challenges.
- Rubicon's beta is 1.50, suggesting higher volatility compared to the overall market.
Who Are RBT's Competitors?
RBT is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AGIL AgileThought, Inc. | $0.20 | +137.35% | $10.3M | 45 |
| BMTX BM Technologies, Inc. | $5.00 | +0.00% | $60.4M | 48 |
| LDTC LeddarTech Holdings Inc. | $0.15 | +0.00% | $5.74M | 50 |
| LYT Lytus Technologies Holdings PTV. Ltd. | $0.10 | +0.00% | $9.93M | 42 |
| RSASF RESAAS Services Inc. | $0.31 | +6.90% | $26.1M | 69 |
| IDN Intellicheck, Inc. | $2.96 | -3.10% | $60.0M | 78 |
| WFCF Where Food Comes From, Inc. | $13.05 | +4.40% | $65.8M | 71 |
| RSSS Research Solutions, Inc. | $2.20 | -0.45% | $73.6M | 75 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are RBT's Key Strengths?
Digital marketplace platform connects waste generators, haulers, and recyclers.
- Cloud-based solutions improve efficiency and reduce costs.
- Data-driven insights optimize waste management processes.
- Focus on sustainability and ESG factors.
What Are RBT's Weaknesses?
Negative profit margin indicates financial challenges.
- Small market capitalization makes it vulnerable to market volatility.
- Limited brand recognition compared to established waste management companies.
- Reliance on technology and data, which can be subject to disruption.
What Could Drive RBT Stock Higher?
Expansion of the digital marketplace through increased user adoption.
- Development and launch of new technology solutions for waste management.
- Geographic expansion into new markets.
- Strategic partnerships and acquisitions to expand capabilities and market reach.
What Are the Key Risks for RBT?
Financial-distress signal — its Altman Z-Score of -0.47 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 1/9 flags soft profitability, leverage or efficiency.
- Competition from established waste management companies and emerging technology providers.
- Economic downturn impacting waste generation and recycling rates.
- Changes in environmental regulations.
- Negative profit margin and financial challenges.
- Reliance on technology and data, which can be subject to disruption.
What Are the Growth Opportunities for RBT?
- Expansion of Digital Marketplace: Rubicon has the opportunity to expand its digital marketplace by onboarding more waste generators, haulers, and recyclers. This can be achieved through targeted marketing and sales efforts, as well as strategic partnerships with industry players. The global waste management market is estimated to be worth hundreds of billions of dollars, providing a significant growth opportunity for Rubicon. Timeline: Ongoing.
- Development of New Technology Solutions: Rubicon can invest in developing new technology solutions to further optimize waste management processes. This could include AI-powered route optimization, smart waste bins, and blockchain-based tracking systems. These innovations can help Rubicon differentiate itself from competitors and attract new customers. The market for smart waste management solutions is growing rapidly, driven by increasing demand for efficiency and sustainability. Timeline: Ongoing.
- Geographic Expansion: Rubicon can expand its operations into new geographic markets, both domestically and internationally. This can be achieved through direct sales, partnerships, and acquisitions. The global waste management market is highly fragmented, providing opportunities for Rubicon to establish a presence in new regions. Timeline: Ongoing.
- Strategic Partnerships and Acquisitions: Rubicon can pursue strategic partnerships and acquisitions to expand its capabilities and market reach. This could include partnering with waste management companies, technology providers, and government agencies. Acquisitions can help Rubicon acquire new technologies, customer bases, and geographic presence. Timeline: Ongoing.
- Focus on Sustainability and ESG: Rubicon can capitalize on the growing focus on sustainability and ESG (environmental, social, and governance) factors. By promoting its platform as a tool for reducing waste and promoting recycling, Rubicon can attract environmentally conscious customers and investors. The market for sustainable waste management solutions is growing rapidly, driven by increasing awareness of environmental issues. Timeline: Ongoing.
What Are RBT's Competitive Advantages?
- Network Effect: The value of Rubicon's platform increases as more waste generators, haulers, and recyclers join the network.
- Data and Technology: Rubicon's technology platform and data-driven insights provide a competitive advantage.
- Established Relationships: Rubicon has established relationships with a network of waste haulers and recyclers.
- First-Mover Advantage: Rubicon was an early mover in the digital waste management space.
What Does RBT Do?
Founded in 2008 and headquartered in Lexington, Kentucky, Rubicon Technologies, Inc. is a technology company focused on transforming the waste and recycling industry. The company's core offering is a digital marketplace that connects businesses, governments, and organizations with a network of waste haulers and recyclers. Rubicon's platform provides cloud-based solutions for waste and recycling management, aiming to improve efficiency, reduce costs, and promote sustainability. Rubicon's services include consultation and management, where they assist customers with waste removal planning, billing consolidation, cost savings analyses, and vendor performance monitoring. They also offer logistics services, managing the transportation of waste and recyclable materials. Additionally, Rubicon markets and resells recyclable commodities, creating revenue streams from recovered materials. The company serves a diverse range of customers, including waste generators, haulers, recyclers, cities, and fleets, operating worldwide. Rubicon's mission is to disrupt the traditional waste management industry by leveraging technology to create a more transparent, efficient, and sustainable ecosystem.
What Products and Services Does RBT Offer?
- Operates a digital marketplace for waste and recycling services.
- Provides cloud-based waste and recycling solutions to businesses, governments, and organizations.
- Offers solutions for waste generators, haulers and recyclers, cities, and fleets.
- Provides consultation and management services for waste removal, waste management, logistics, and recycling solutions.
- Offers logistics services for the transportation of waste and recyclable materials.
- Markets and resells recyclable commodities.
How Does RBT Make Money?
- Generates revenue by providing access to its digital marketplace for waste and recycling services.
- Earns fees for consultation and management services related to waste removal and recycling.
- Profits from logistics services, managing the transportation of waste and recyclable materials.
- Generates revenue from the sale of recyclable commodities.
What Industry Does RBT Operate In?
Rubicon Technologies operates within the waste management industry, which is undergoing a digital transformation. Traditional waste management practices are often inefficient and lack transparency. Rubicon aims to address these issues by providing a technology platform that connects waste generators with haulers and recyclers. The industry is driven by increasing environmental concerns and regulations promoting waste reduction and recycling. Competitors include established waste management companies and emerging technology providers. Rubicon's success depends on its ability to differentiate itself through its technology platform and data-driven insights.
Who Are RBT's Key Customers?
- Businesses that generate waste and require waste removal and recycling services.
- Government entities, including cities and municipalities, seeking waste management solutions.
- Waste haulers and recyclers who use the platform to connect with customers and manage their operations.
Forward Outlook
Wall Street analysts project Rubicon Technologies, Inc. revenue of about $938.1M for fiscal 2026, with EPS near $-0.66.
Financial Health
Rubicon Technologies, Inc.'s Piotroski F-Score is 1/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -0.47 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Return on equity for Rubicon Technologies, Inc. stands at 23.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -25.3%, showing how much profit it generates from its asset base. A current ratio of 0.70 means current liabilities exceed short-term assets, a liquidity point worth watching.
Rubicon Technologies, Inc. (RBT) Valuation Context
Valued at $9.39M, RBT is classified as a micro-cap stock.
Company Profile
Rubicon Technologies, Inc. operates in the Software - Application industry within the Technology sector. It is headquartered in Lexington, US. The company is led by CEO Philip Rodoni. RBT has traded publicly since 2022.
RBT Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Digital marketplace platform connects waste generators, haulers, and recyclers.
- Cloud-based solutions improve efficiency and reduce costs.
- Data-driven insights optimize waste management processes.
- Focus on sustainability and ESG factors.
Bear Case
- Negative profit margin indicates financial challenges.
- Small market capitalization makes it vulnerable to market volatility.
- Limited brand recognition compared to established waste management companies.
- Reliance on technology and data, which can be subject to disruption.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
RBT Latest News
No recent news available for RBT.
Leadership: Philip Rodoni
CEO
Philip Rodoni serves as the CEO of Rubicon Technologies, bringing extensive experience in technology and business leadership. His background includes a proven track record of driving growth and innovation in various organizations. With a focus on leveraging technology to solve complex problems, Rodoni is responsible for guiding Rubicon's strategic direction and execution. His expertise in digital marketplaces and cloud-based solutions is instrumental in shaping Rubicon's vision for the future of waste management.
Track Record: Since joining Rubicon Technologies, Philip Rodoni has focused on expanding the company's digital marketplace and developing new technology solutions. He has overseen the launch of several key initiatives aimed at optimizing waste management processes and promoting sustainability. Under his leadership, Rubicon has continued to grow its customer base and expand its geographic reach. Rodoni's strategic decisions have been instrumental in positioning Rubicon as a leader in the digital waste management space.
Common Questions About RBT (Technology)
What happened to Rubicon Technologies, Inc. (RBT) stock?
Rubicon Technologies, Inc. (RBT) no longer trades on public markets. It was delisted in June 2024. The figures below are historical and are not a current quote.
Can I still buy RBT shares?
No. RBT stopped trading on public markets in June 2024, so the shares are not available through a broker. Anything you see quoted for RBT elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before RBT stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Rubicon Technologies, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Rubicon Technologies, Inc. do?
Rubicon Technologies, Inc. operates a digital marketplace that connects businesses and municipalities with waste haulers and recyclers. The company's cloud-based platform provides solutions for waste management, logistics, and recycling. Rubicon aims to disrupt the traditional waste management industry by leveraging technology to improve efficiency, reduce costs, and promote sustainability. The company serves a diverse range of customers worldwide, including waste generators, haulers, recyclers, cities, and fleets.
What do analysts say about RBT stock?
Analyst coverage of Rubicon Technologies is limited, reflecting its small-cap status. Current sentiment is cautiously optimistic, with analysts noting the company's potential for growth in the digital waste management space. However, concerns remain regarding its negative profit margin and financial challenges. Valuation metrics suggest that the stock is trading at a premium, reflecting expectations for future growth.
What are the main risks for RBT?
Rubicon Technologies faces several key risks, including competition from established waste management companies and emerging technology providers. The company's negative profit margin and financial challenges pose a significant threat to its long-term viability. Economic downturns could impact waste generation and recycling rates, reducing demand for Rubicon's services. Changes in environmental regulations could also impact the company's business model.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- AI analysis is pending and may provide additional insights.