Kisses From Italy Inc. is a U.S.-based restaurant chain operator, franchisor, and product distributor with locations in North America and Europe. The company offers a quick-service menu and a unique take on traditional Italian delicacies with an All-American flair. Kisses From Italy offerings include sandwiches, salads, Italian roasted coffee, coffee-related beverages, and various other products. In November 2020, Kisses From Italy launched its retail branded products for distribution stores across Canada. Currently, our products are offered in grocery stores and retail food stores.
Company profile
Ticker
KITL
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Kisses From Italy, Inc.
SEC CIK
Corporate docs
Subsidiaries
Kisses From Italy 9th LLC • Kisses-Palm Sea Royal LLC • Kisses From Italy-Franchising LLC • Kisses From Italy, Inc., a company incorporated • Kisses From Italy Italia SRLS, a limited liability company incorporated ...
Latest filings (excl ownership)
8-K
Other Events
14 Feb 24
8-K
Termination of a Material Definitive Agreement
13 Feb 24
EFFECT
Notice of effectiveness
26 Jan 24
424B3
Prospectus supplement
25 Jan 24
CORRESP
Correspondence with SEC
23 Jan 24
EFFECT
Notice of effectiveness
17 Jan 24
S-1/A
IPO registration (amended)
16 Jan 24
POS AM
Prospectus update (post-effective amendment)
11 Jan 24
UPLOAD
Letter from SEC
29 Dec 23
S-1
IPO registration
21 Dec 23
Financial summary
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Diluted EPS |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 107.84 k | 107.84 k | 107.84 k | 107.84 k | 107.84 k | 107.84 k |
Cash burn (monthly) | (no burn) | 27.27 k | 737.47 k | 384.66 k | 64.09 k | 64.82 k |
Cash used (since last report) | n/a | 163.21 k | 4.41 mm | 2.30 mm | 383.58 k | 387.92 k |
Cash remaining | n/a | -55.37 k | -4.31 mm | -2.19 mm | -275.74 k | -280.09 k |
Runway (months of cash) | n/a | -2.0 | -5.8 | -5.7 | -4.3 | -4.3 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Feb 24 | Ferri Claudio | Series A Preferred Stock Voting Common Shares | Grant | Acquire A | No | No | 0.0016 | 600,000 | 960.00 | 600,000 |
22 Feb 24 | Di Turi Michele | Series A Preferred Stock Voting Common Shares | Grant | Acquire A | No | No | 0.0016 | 600,000 | 960.00 | 600,000 |
9 Nov 23 | Di Turi Michele | COMMON STOCK | Grant | Acquire A | No | No | 0.0129 | 2,000,000 | 25.80 k | 87,600,000 |
9 Nov 23 | Scott Conant | COMMON STOCK | Grant | Acquire A | No | No | 0.0129 | 10,000,000 | 129.00 k | 12,100,000 |
9 Nov 23 | Ferri Claudio | COMMON STOCK | Grant | Acquire A | No | No | 0.0129 | 8,000,000 | 103.20 k | 85,600,000 |