NASDAQ : AIBZ
Bitzero Holdings Inc. — Financial statements
Canada
Last price 2.88 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 163.69M
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Financial statements
Bitzero Holdings Inc. (AIBZ) reported revenue of 30.92M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 30.92M | 24.90M | 22.61M | 12.32M |
| Cost of Revenue | 30.20M | 25.19M | 24.39M | 19.53M |
| Gross Profit | 722.25K | -293.49K | -1.78M | -7.22M |
| Selling, General & Admin | 8.57M | 7.13M | 2.86M | 4.63M |
| Operating Expenses | 28.59M | 17.33M | 7.74M | 5.35M |
| Operating Income | -27.86M | -17.62M | -9.51M | -12.57M |
| Interest Expense | -5.82M | -1.75M | -523.97K | -544.53K |
| Interest & Investment Income | 2.03K | 5.64K | 9.58K | 56.40K |
| Currency Exchange Gain (Loss) | 1.75M | 113.02K | 58.63K | 798.75K |
| Other Non Operating Income (Expenses) | -2.05M | 1.58M | -42.58K | 47.45K |
| EBT Excluding Unusual Items | -33.98M | -17.68M | -10.01M | -12.21M |
| Gain (Loss) on Sale of Assets | -610.27K | -538.00 | ||
| Other Unusual Items | -6.70M | 1.13M | -1.27M | |
| Pretax Income | -41.30M | -16.55M | -11.28M | -12.21M |
| Net Income | -41.30M | -16.55M | -11.28M | -12.21M |
| Net Income to Common | -41.30M | -16.55M | -11.28M | -12.21M |
| Shares Outstanding (Basic) | 49.29M | 38.57M | 31.27M | 30.96M |
| Shares Outstanding (Diluted) | 49.29M | 38.57M | 31.27M | 30.96M |
| EPS (Basic) | -0.84 | -0.43 | -0.36 | -0.39 |
| EPS (Diluted) | -0.84 | -0.43 | -0.40 | -0.40 |
| Free Cash Flow | -54.21M | -46.13M | -12.56M | -9.17M |
| Free Cash Flow Per Share | -1.10 | -1.20 | -0.40 | -0.30 |
| Gross Margin | 2.34% | -1.18% | -7.86% | -58.60% |
| Operating Margin | -90.12% | -70.79% | -42.07% | -102.05% |
| Profit Margin | -133.56% | -66.47% | -49.88% | -99.14% |
| Free Cash Flow Margin | -175.33% | -185.29% | -55.53% | -74.42% |
| EBITDA | -18.03M | -6.15M | 2.09M | -1.79M |
| EBITDA Margin | -58.30% | -24.71% | 9.25% | -14.56% |
| D&A For EBITDA | 9.84M | 11.47M | 11.60M | 10.78M |
| EBIT | -27.86M | -17.62M | -9.51M | -12.57M |
| EBIT Margin | -90.12% | -70.79% | -42.07% | -102.05% |
| Advertising Expenses | 255.95K | 25.75K |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 2.45M | 2.50M | 634.61K | 1.32M |
| Cash & Short-Term Investments | 2.45M | 2.50M | 634.61K | 1.32M |
| Accounts Receivable | 380.09K | 1.51M | 1.32M | |
| Other Receivables | 1.02M | 549.83K | 407.76K | 298.27K |
| Receivables | 1.02M | 929.92K | 1.92M | 1.62M |
| Prepaid Expenses | 6.59M | 72.03K | 70.76K | 117.24K |
| Restricted Cash | 493.38K | 2.97M | 52.62K | |
| Other Current Assets | 2.46M | 738.37K | 2.49M | 86.83K |
| Total Current Assets | 13.03M | 7.22M | 5.16M | 3.14M |
| Property, Plant & Equipment | 34.67M | 31.93M | 23.18M | 27.88M |
| Other Long-Term Assets | 3.60M | 3.59M | 1.51M | 1.49M |
| Total Assets | 51.29M | 42.74M | 29.85M | 32.51M |
| Accounts Payable | 7.57M | 4.82M | 6.31M | 3.08M |
| Accrued Expenses | 2.49M | 594.67K | 31.64K | |
| Short-Term Debt | 3.90M | 1.72M | 1.43M | 1.30M |
| Current Portion of Long-Term Debt | 6.65M | 1.55M | ||
| Current Portion of Leases | 2.00M | 379.70K | ||
| Other Current Liabilities | 18.93M | 2.98M | 2.53M | 2.94M |
| Total Current Liabilities | 37.04M | 13.57M | 12.87M | 7.74M |
| Long-Term Debt | 7.64M | 14.68M | ||
| Long-Term Leases | 121.51K | 2.26M | ||
| Other Long-Term Liabilities | 1.64M | 3.04M | ||
| Total Liabilities | 44.68M | 29.89M | 16.03M | 9.99M |
| Common Stock | 128.65M | 101.01M | 81.66M | 76.93M |
| Additional Paid-In Capital | 10.77M | 6.84M | 8.19M | 7.85M |
| Retained Earnings | -121.00M | -81.58M | -65.03M | -53.75M |
| Comprehensive Income & Other | -11.80M | -13.42M | -11.00M | -8.51M |
| Shareholders' Equity | 6.62M | 12.85M | 13.83M | 22.52M |
| Total Liabilities & Equity | 51.29M | 42.74M | 29.85M | 32.51M |
| Total Debt | 18.18M | 17.96M | 3.55M | 3.94M |
| Net Cash (Debt) | -15.73M | -15.45M | -2.91M | -2.62M |
| Net Cash Per Share | -0.32 | -0.40 | -0.09 | -0.08 |
| Filing Date Shares Outstanding | 57.43M | 42.63M | 33.30M | 30.96M |
| Total Common Shares Outstanding | 56.38M | 42.63M | 33.30M | 30.96M |
| Working Capital | -24.01M | -6.35M | -7.71M | -4.60M |
| Book Value Per Share | 0.12 | 0.30 | 0.42 | 0.73 |
| Tangible Book Value | 6.62M | 12.85M | 13.83M | 22.52M |
| Tangible Book Value Per Share | 0.12 | 0.30 | 0.42 | 0.73 |
| Land | 3.95M | 635.97K | 452.00K | 447.69K |
| Buildings | 2.00M | 1.60M | 1.40M | 1.39M |
| Machinery | 56.74M | 57.11M | 33.76M | 30.37M |
| Construction In Progress | 9.21M | 3.38M | 5.10M | 1.22M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -41.30M | -16.55M | -11.28M | -12.21M |
| Depreciation & Amortization | 17.49M | 11.74M | 12.57M | 11.69M |
| Stock-Based Compensation | 20.01M | 10.20M | 4.88M | 717.25K |
| Other Operating Activities | 9.95M | -1.06M | 1.88M | 354.95K |
| Change in Accounts Receivable | 669.27K | 1.74M | -189.02K | -1.17M |
| Change in Accounts Payable | -1.12M | -1.44M | 3.38M | 258.26K |
| Change in Other Net Operating Assets | -35.59M | -25.44M | -15.64M | -6.17M |
| Operating Cash Flow | -29.26M | -20.81M | -4.39M | -6.53M |
| Capital Expenditures | -24.95M | -25.32M | -8.16M | -2.64M |
| Other Investing Activities | 29.38M | 25.66M | 13.42M | 8.81M |
| Investing Cash Flow | 4.43M | 338.93K | 5.26M | 6.17M |
| Long-Term Debt Issued | 16.19M | |||
| Long-Term Debt Repaid | -30.17K | -685.74K | -809.48K | |
| Lease Payments | -1.79M | -30.17K | -685.74K | -809.48K |
| Net Debt Issued (Repaid) | 23.98M | 16.16M | -685.74K | -809.48K |
| Issuance of Common Stock | 3.68M | 7.61M | ||
| Other Financing Activities | 83.84K | 83.84K | -50.00K | -54.35K |
| Financing Cash Flow | 27.74M | 23.86M | -735.74K | -863.83K |
| Foreign Exchange Rate Adjustments | -189.61K | 1.40M | -754.30K | 939.99K |
| Net Cash Flow | 2.72M | 4.79M | -628.48K | -278.98K |
| Free Cash Flow | -54.21M | -46.13M | -12.56M | -9.17M |
| Free Cash Flow Margin | -175.33% | -185.29% | -55.53% | -74.42% |
| Free Cash Flow Per Share | -1.10 | -1.20 | -0.40 | -0.30 |
| Levered Free Cash Flow | 2.42M | -14.82M | 3.69M | |
| Unlevered Free Cash Flow | 6.06M | -13.73M | 4.02M | |
| Free Cash Flow After Leases | -56.00M | -46.16M | -13.24M | -9.97M |
| Cash Interest Paid | 1.78M | 898.83K | 362.00 | 16.41K |
| Change in Working Capital | -36.04M | -25.14M | -12.45M | -7.09M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Debt / Equity Ratio | 2.75 | 1.40 | 0.26 | 0.17 |
| Debt / EBITDA Ratio | 1.16 | |||
| Net Debt / Equity Ratio | 2.38 | 1.20 | 0.21 | 0.12 |
| Net Debt / EBITDA Ratio | -0.87 | -2.51 | 1.39 | -1.46 |
| Net Debt / FCF Ratio | -0.29 | -0.34 | -0.23 | -0.29 |
| Asset Turnover | 0.77 | 0.69 | 0.72 | |
| Quick Ratio | 0.09 | 0.25 | 0.20 | 0.38 |
| Current Ratio | 0.35 | 0.53 | 0.40 | 0.41 |
| Return on Equity (ROE) | -347.42% | -124.07% | -62.07% | |
| Return on Assets (ROA) | -43.27% | -30.35% | -19.07% | |
| Return on Capital Employed (ROCE) | -195.50% | -60.40% | -56.00% | -50.70% |
| Buyback Yield / Dilution | -36.37% | -23.36% | -0.99% |