Rayont

OverviewSuggest Edit

Rayont (formerly known as Velt International Group) is a private equity firm. Its private equity investment strategies include executing leveraged buyouts, contributing venture capital, and investing growth capital.

TypePublic
Founded2011
HQPalo Alto, CA, USMap
Websiterayont.com

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2019)2
Revenue (FY, 2020)$186.7 K(+710%)
Share Price (Nov 2021)$2.5
Cybersecurity ratingAMore
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Key People/Management at Rayont

Aleem Sheikh

Aleem Sheikh

President and CEO
Reyad Fezzani

Reyad Fezzani

Non-Executive Director and Chairman of the Board
Leilani Latimer

Leilani Latimer

Non-Executive Director
Marshini Thulkanam

Marshini Thulkanam

Director and Chief Financial Officer
Vennesia Saunders

Vennesia Saunders

Vice President of Healthcare
Haydn Erbs

Haydn Erbs

Vice President of Corporate Development
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Rayont Office Locations

Rayont has offices in Palo Alto and Southport
Palo Alto, CA, US (HQ)
228 Hamilton Ave 3rd floor
Southport, AU
Level 3/26 Marine Parade
Show all (2)

Rayont Financials and Metrics

Rayont Revenue

Rayont's revenue was reported to be $186.66 k in FY, 2020
USD

Revenue (Q2, 2021)

951.5k

Gross profit (Q2, 2021)

610.6k

Gross profit margin (Q2, 2021), %

64.2%

Net income (Q2, 2021)

143.2k

EBIT (Q2, 2021)

34.0k

Market capitalization (10-Nov-2021)

118.7m

Closing stock price (10-Nov-2021)

2.5

Cash (31-Mar-2021)

79.4k

EV

119.1m
Rayont's current market capitalization is $118.7 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

178.0k966.2k613.4k731.8k1.3m657.8k23.0k186.7k

Cost of goods sold

165.6k879.4k552.0k645.4k1.1m745.7k

Gross profit

12.4k86.8k61.3k86.4k170.3k(87.8k)

Gross profit Margin, %

7%9%10%12%13%(13%)
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

98.0k387.1k227.1k9.0k212.8k149.0k240.0k141.6k306.3k547.9k395.7k331.1k550.3k6.6k297.9k15.0k2.0k457.9k951.5k

Cost of goods sold

92.1k357.6k210.1k5.8k188.9k135.7k218.8k123.0k269.3k472.0k359.4k299.4k480.2k1.3k231.1k276.5k340.9k

Gross profit

5.9k29.5k16.9k3.2k24.0k13.3k21.2k18.6k37.0k75.9k36.3k31.6k70.1k5.3k66.9k181.4k610.6k

Gross profit Margin, %

6%8%7%35%11%9%9%13%12%14%9%10%13%80%22%40%64%
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

181.9k384.7k69.5k32.7k114.5k50.5k127.0836.02.8k

Accounts Receivable

124.1k190.0k41.8k6.9k5.5k216.5k

Prepaid Expenses

16.0k

Inventories

239.0k2.2k245.5k279.9k369.2k
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

383.3k346.6k399.7k342.7k380.3k167.0k79.8k154.4k61.6k125.9k60.4k59.1k27.2k367.8k272.5k113.2k22.5k16.0k6.0k60.037.9k3.6k4.1k8.4k144.3k79.4k

Accounts Receivable

80.1k227.1k127.1k208.1k108.1k230.0k150.0k220.0k167.5k295.0k430.6k210.0k2.0k8.0k5.5k6.7k8.5k245.2k758.8k

Prepaid Expenses

171.0689.01.8m90.5k3.5k

Inventories

71.6k3.1k140.6k252.7k31.2k124.0k143.8k162.1k29.0k33.0k9.8k11.7k11.7k490.2k553.2k
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(117.3k)(133.0k)(183.3k)(156.1k)(45.7k)(385.1k)(185.6k)(1.3m)(229.4k)

Depreciation and Amortization

4.1k5.4k5.4k5.4k5.4k1.1k105.0k101.6k

Inventories

239.0k(236.8k)243.3k34.4k89.3k(369.2k)

Accounts Payable

551.0(551.0)86.0k(64.5k)10.3k(31.8k)
Quarterly
USDQ2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

(58.1k)(87.2k)(21.8k)(63.7k)(125.6k)(72.1k)(113.4k)(154.8k)(22.2k)(94.1k)(116.5k)30.0k12.2k(15.4k)1.9k(87.7k)(104.0k)(57.6k)(80.4k)(151.2k)(9.3k)(726.8k)(1.1m)(288.4k)(337.5k)146.5k271.1k

Depreciation and Amortization

1.4k2.7k1.4k2.7k4.1k1.4k2.7k4.1k1.4k2.7k4.1k1.4k2.7k4.1k336.0705.0369.0738.028.2k50.1k74.6k28.4k89.2k

Inventories

(167.4k)(239.0k)(235.9k)138.4k(28.3k)(250.5k)(214.3k)(121.5k)(101.8k)(117.8k)(251.0k)(247.0k)(359.3k)(357.4k)(357.4k)599.0(67.1k)

Accounts Payable

24.4k(551.0)871.0196.010.8k10.0k(74.4k)(59.5k)32.3k1.2k(130.0)124.6k(1.4k)(31.7k)27.7k46.5k162.6k
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USDQ2, 2012

Financial Leverage

1 x
Show all financial metrics

Rayont Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

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Rayont Online and Social Media Presence

Rayont's Trends

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Rayont News and Updates

May 17, 2021

Rayont Inc- RAYT- Reports Six-Month Ending March 31, 2021, Financial Results.

Palo Alto, California, May 17, 2021 (GLOBE NEWSWIRE) -- Rayont Inc. (“Rayont” or the “Company”) (OTC PINK: RAYT), an international healthcare company specializing in the manufacturing of alternative medicine products and services across the entire value chain, today reported financial results for …
March 25, 2021

Rayont Inc appoints Mr. Aleem Sheikh as President and CEO to position the Company for Growth.

Queensland, Australia, March 25, 2021 (GLOBE NEWSWIRE) -- Rayont Inc. (“Rayont” or the “Company”) (OTC PINK: RAYT), an international healthcare company specializing in the manufacturing of alternative medicine products and services across the entire value chain today announces the appointment of M…
September 18, 2019

Velt International Group Inc. changes its name to Rayont Inc and trading symbol to RAYT

Thousand Oaks, California, Sept. 18, 2019 (GLOBE NEWSWIRE) --  Velt International Group Inc. (OTC Pink: VIGC) (the “Company” or “Velt”) announced that on September 5, 2019 FINRA approved the change of company name and trading symbol. With immediate effect the company name shall be Rayont Inc and i…

Rayont Blogs

October 18, 2021

Rayont Inc- RAYT- Reports 10-K/T for the Nine-Month Ending June 30, 2021, Financial Results.

The post Rayont Inc- RAYT- Reports 10-K/T for the Nine-Month Ending June 30, 2021, Financial Results. appeared first on Rayont Inc..
April 22, 2021

Rayont Inc appoints Mrs. Leilani Latimer as Non‐Executive Director to further enhance its Corporate Governance.

The post Rayont Inc appoints Mrs. Leilani Latimer as Non‐Executive Director to further enhance its Corporate Governance. appeared first on Rayont Inc..
March 14, 2021

Rayont Inc appoints Mr. Reyad Fezzani as Non-Executive Director and Chairman of the Board to strengthen its Corporate Governance in line with Best Practices.

The post Rayont Inc appoints Mr. Reyad Fezzani as Non-Executive Director and Chairman of the Board to strengthen its Corporate Governance in line with Best Practices. appeared first on Rayont Inc..
February 16, 2021

RAYONT INC. REPORTS THREE-MONTH ENDING DECEMBER 31, 2020 FINANCIAL RESULTS

The post RAYONT INC. REPORTS THREE-MONTH ENDING DECEMBER 31, 2020 FINANCIAL RESULTS appeared first on Rayont Inc..
December 23, 2020

RAYONT INC. – RAYT, Acquires Prema Life Pty Ltd and GGLG Properties Pty Ltd to Consolidate its Biotechnology and Health Care Portfolio.

The post RAYONT INC. – RAYT, Acquires Prema Life Pty Ltd and GGLG Properties Pty Ltd to Consolidate its Biotechnology and Health Care Portfolio. appeared first on Rayont.
December 18, 2020

RAYONT INC. – RAYT, REPORTS 2020 FULL YEAR FINANCIAL RESULTS

The post RAYONT INC. – RAYT, REPORTS 2020 FULL YEAR FINANCIAL RESULTS appeared first on Rayont.
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 Rayont Frequently Asked Questions

  • When was Rayont founded?

    Rayont was founded in 2011.

  • Who are Rayont key executives?

    Rayont's key executives are Aleem Sheikh, Reyad Fezzani and Leilani Latimer.

  • How many employees does Rayont have?

    Rayont has 2 employees.

  • What is Rayont revenue?

    Latest Rayont annual revenue is $186.7 k.

  • What is Rayont revenue per employee?

    Latest Rayont revenue per employee is $93.3 k.

  • Who are Rayont competitors?

    Competitors of Rayont include Hili Ventures, DCVC and Axcel.

  • Where is Rayont headquarters?

    Rayont headquarters is located at 228 Hamilton Ave 3rd floor, Palo Alto.

  • Where are Rayont offices?

    Rayont has offices in Palo Alto and Southport.

  • How many offices does Rayont have?

    Rayont has 2 offices.