NASDAQ : BGIN
Bgin Blockchain Limited — Financial statements
Technology · Electronics & Computer Distribution · Singapore
Last price 1.76 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 199.12M
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Financial statements
Bgin Blockchain Limited (BGIN) reported revenue of 27.11M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 27.11M | 67.40M | 302.28M | 257.27M | 15.05M | 21.52M |
| Cost of Revenue | 106.27M | 142.99M | 174.59M | 58.10M | 6.12M | 6.66M |
| Gross Profit | -79.16M | -75.59M | 127.69M | 199.17M | 8.93M | 14.87M |
| Selling, General & Admin | 5.14M | 14.26M | 7.86M | 15.72M | 2.10M | 3.76M |
| Research & Development | 16.27M | 20.19M | 16.37M | 10.10M | 7.18M | 195.26K |
| Other Operating Expenses | 12.82M | 23.48M | 5.52M | -312.72K | 228.40K | 1.39M |
| Operating Expenses | 34.23M | 57.93M | 29.75M | 25.51M | 9.51M | 5.35M |
| Operating Income | -113.39M | -133.52M | 97.93M | 173.67M | -572.85K | 9.52M |
| Interest & Investment Income | 108.83K | 942.89K | 1.17M | 63.11K | ||
| Currency Exchange Gain (Loss) | -39.16K | -189.49K | -509.32K | -131.37K | 554.96K | -292.24K |
| Other Non Operating Income (Expenses) | 576.58K | 729.51K | -1.51M | -26.07K | -255.96K | -23.72K |
| EBT Excluding Unusual Items | -112.74M | -132.04M | 97.08M | 173.57M | -273.85K | 9.20M |
| Asset Writedown | -27.40M | -42.57M | -16.30M | |||
| Pretax Income | -140.14M | -174.61M | 80.79M | 173.57M | -273.85K | 9.20M |
| Income Tax Expense | 2.17M | 2.34M | 14.65M | 33.81M | -45.03K | 1.50M |
| Earnings From Continuing Operations | -142.31M | -176.95M | 66.14M | 139.76M | -228.82K | 7.71M |
| Minority Interest in Earnings | 248.12K | 94.97K | -208.56K | -52.59K | 8.43K | 568.00 |
| Net Income | -142.06M | -176.86M | 65.93M | 139.71M | -220.38K | 7.71M |
| Net Income to Common | -142.06M | -176.86M | 65.93M | 139.71M | -220.38K | 7.71M |
| Shares Outstanding (Basic) | 111.60M | 109.06M | 107.81M | 107.81M | 107.81M | 71.88M |
| Shares Outstanding (Diluted) | 111.60M | 109.06M | 107.81M | 107.81M | 107.81M | 71.88M |
| EPS (Basic) | -1.27 | -1.62 | 0.61 | 1.30 | -0.00 | 0.11 |
| EPS (Diluted) | -1.27 | -1.62 | 0.61 | 1.30 | -0.00 | 0.11 |
| Free Cash Flow | -84.22M | -171.08M | -212.31M | -37.97M | -17.94M | -10.38M |
| Free Cash Flow Per Share | -0.76 | -1.57 | -1.97 | -0.35 | -0.17 | -0.14 |
| Gross Margin | -292.01% | -112.16% | 42.24% | 77.42% | 59.34% | 69.08% |
| Operating Margin | -418.29% | -198.12% | 32.40% | 67.51% | -3.81% | 44.24% |
| Profit Margin | -524.06% | -262.42% | 21.81% | 54.30% | -1.46% | 35.81% |
| Free Cash Flow Margin | -310.68% | -253.85% | -70.23% | -14.76% | -119.15% | -48.21% |
| EBITDA | -100.47M | -112.47M | 107.59M | 176.63M | 1.22M | 10.75M |
| EBITDA Margin | -166.88% | 35.59% | 68.66% | 8.10% | 49.95% | |
| D&A For EBITDA | 12.91M | 21.05M | 9.65M | 2.96M | 1.79M | 1.23M |
| EBIT | -113.39M | -133.52M | 97.93M | 173.67M | -572.85K | 9.52M |
| EBIT Margin | -198.12% | 32.40% | 67.50% | -3.81% | 44.24% | |
| Effective Tax Rate | 18.13% | 19.48% | 16.28% | |||
| Revenue as Reported | 27.11M | 67.40M | 302.28M | 257.27M | 15.05M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 31.42M | 26.29M | 114.80M | 46.70M | 601.73K | 3.65M |
| Cash & Short-Term Investments | 31.42M | 26.29M | 114.80M | 46.70M | 601.73K | 3.65M |
| Accounts Receivable | 123.88K | 9.54K | 2.81M | 702.28K | ||
| Other Receivables | 228.18K | 1.15M | 9.05M | 1.48M | 437.53K | 286.34K |
| Receivables | 352.05K | 1.15M | 9.05M | 4.28M | 437.53K | 988.62K |
| Inventory | 6.45M | 7.85M | 12.49M | 3.53M | ||
| Prepaid Expenses | 2.75M | 6.11M | 9.19M | 6.74M | 781.32K | 207.97K |
| Other Current Assets | 5.48M | 22.45M | 49.13M | 117.04M | 2.07M | 4.86M |
| Total Current Assets | 46.46M | 63.85M | 194.66M | 178.30M | 3.89M | 9.71M |
| Property, Plant & Equipment | 20.27M | 27.55M | 72.18M | 11.78M | 8.01M | 5.34M |
| Long-Term Deferred Tax Assets | 2.11M | |||||
| Other Long-Term Assets | 1.31M | 1.44M | 1.83M | 1.58M | ||
| Total Assets | 68.03M | 92.84M | 270.79M | 191.67M | 11.89M | 15.05M |
| Accounts Payable | 2.28M | 2.82M | 6.85M | 858.21K | 198.10K | 19.41K |
| Accrued Expenses | 22.73K | 497.28K | 349.22K | 2.91M | 393.41K | 3.12M |
| Current Portion of Leases | 571.53K | 131.67K | 322.39K | 167.14K | ||
| Current Income Taxes Payable | 34.06M | 34.09M | 51.85M | 35.48M | 1.40M | 1.52M |
| Current Unearned Revenue | 386.30K | 267.73K | 952.34K | 1.98M | ||
| Other Current Liabilities | 125.41K | 199.38K | 281.90K | 1.17M | 501.09K | 362.75K |
| Total Current Liabilities | 37.44M | 38.00M | 60.60M | 42.56M | 2.50M | 5.03M |
| Long-Term Leases | 1.42M | 88.12K | 123.02K | 180.89K | ||
| Long-Term Deferred Tax Liabilities | 278.06K | 348.51K | ||||
| Total Liabilities | 38.86M | 38.09M | 60.73M | 42.75M | 2.77M | 5.37M |
| Common Stock | 2.87K | 2.87K | ||||
| Additional Paid-In Capital | 26.82M | 26.64M | ||||
| Retained Earnings | 2.47M | 28.10M | 209.95M | 149.02M | 9.27M | 9.49M |
| Comprehensive Income & Other | -244.06K | -244.06K | -244.06K | -244.06K | -244.93K | 180.34K |
| Total Common Equity | 29.05M | 54.49M | 209.71M | 148.78M | 9.03M | 9.67M |
| Minority Interest | 115.31K | 257.18K | 352.15K | 143.59K | 91.00K | -568.00 |
| Shareholders' Equity | 29.17M | 54.75M | 210.06M | 148.92M | 9.12M | 9.67M |
| Total Liabilities & Equity | 68.03M | 92.84M | 270.79M | 191.67M | 11.89M | 15.05M |
| Total Debt | 1.99M | 219.80K | 445.40K | 348.02K | ||
| Net Cash (Debt) | 29.43M | 26.07M | 114.36M | 46.35M | 601.73K | 3.65M |
| Net Cash Per Share | 0.26 | 0.24 | 1.06 | 0.43 | 0.01 | 0.05 |
| Filing Date Shares Outstanding | 113.14M | 113.14M | 108.14M | 107.81M | 71.88M | 71.88M |
| Total Common Shares Outstanding | 113.14M | 113.14M | 107.81M | 107.81M | 71.88M | 71.88M |
| Working Capital | 9.02M | 25.86M | 134.06M | 135.74M | 1.39M | 4.69M |
| Book Value Per Share | 0.26 | 0.48 | 1.95 | 1.38 | 0.13 | 0.13 |
| Tangible Book Value | 29.05M | 54.49M | 209.71M | 148.78M | 9.03M | 9.67M |
| Tangible Book Value Per Share | 0.26 | 0.48 | 1.95 | 1.38 | 0.13 | 0.13 |
| Land | 529.59K | 529.59K | 529.59K | 529.59K | 315.50K | |
| Buildings | 1.48M | 849.39K | 849.39K | 531.28K | 531.28K | |
| Machinery | 47.67M | 61.21M | 15.41M | 8.30M | 5.33M | |
| Construction In Progress | 6.75M | 21.40M | 1.09M | 766.22K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -142.06M | -176.86M | 65.93M | 139.71M | -220.38K | 7.71M |
| Depreciation & Amortization | 12.91M | 21.05M | 9.65M | 2.96M | 1.79M | 1.23M |
| Other Amortization | 594.47K | 337.83K | ||||
| Loss (Gain) From Sale of Assets | 749.09K | 818.39K | 1.89M | 290.62K | 364.80K | 109.75K |
| Asset Writedown & Restructuring Costs | 27.40M | 42.57M | 16.30M | |||
| Stock-Based Compensation | 493.92K | 555.04K | ||||
| Provision & Write-off of Bad Debts | 230.78K | 1.65M | ||||
| Other Operating Activities | 56.84M | 37.32M | -186.36M | -198.24M | -13.60M | -19.70M |
| Change in Accounts Receivable | 2.81M | -2.81M | ||||
| Change in Inventory | -63.29M | -74.13M | -120.84M | -3.53M | ||
| Change in Accounts Payable | -3.07M | -4.09M | 5.22M | 3.47M | -79.86K | 3.09M |
| Change in Unearned Revenue | 59.53K | -87.22K | -298.69K | 353.64K | ||
| Change in Income Taxes | -1.27M | -17.76M | 16.37M | 34.07M | 1.50M | |
| Change in Other Net Operating Assets | 29.53M | 2.06M | -10.60M | -7.91M | -997.56K | -130.02K |
| Operating Cash Flow | -81.49M | -166.90M | -199.34M | -31.29M | -12.74M | -6.20M |
| Capital Expenditures | -2.73M | -4.19M | -12.97M | -6.69M | -5.19M | -4.17M |
| Sale of Property, Plant & Equipment | 1.78M | 218.85K | ||||
| Other Investing Activities | 62.36M | 59.52M | 280.95M | 84.43M | 14.85M | 14.92M |
| Investing Cash Flow | 61.40M | 55.55M | 267.98M | 77.74M | 9.65M | 10.75M |
| Short-Term Debt Issued | 141.10K | 1.07M | ||||
| Total Debt Issued | 141.10K | 1.07M | ||||
| Short-Term Debt Repaid | -110.72K | -963.12K | ||||
| Total Debt Repaid | -110.72K | -963.12K | ||||
| Net Debt Issued (Repaid) | -110.72K | 141.10K | 1.07M | -963.12K | ||
| Issuance of Common Stock | 26.88M | 26.88M | ||||
| Common Dividends Paid | -4.05M | |||||
| Other Financing Activities | 721.87K | -427.96K | -502.68K | -717.38K | ||
| Financing Cash Flow | 27.60M | 22.83M | -538.69K | -361.58K | 350.12K | -963.12K |
| Foreign Exchange Rate Adjustments | 1.02K | -311.14K | 54.68K | |||
| Net Cash Flow | 7.51M | -88.52M | 68.11M | 46.10M | -3.05M | 3.64M |
| Free Cash Flow | -84.22M | -171.08M | -212.31M | -37.97M | -17.94M | -10.38M |
| Free Cash Flow Margin | -310.68% | -253.85% | -70.23% | -14.76% | -119.15% | -48.21% |
| Free Cash Flow Per Share | -0.76 | -1.57 | -1.97 | -0.35 | -0.17 | -0.14 |
| Levered Free Cash Flow | 37.24M | -46.15M | 128.11M | 16.74M | -3.52M | 1.57M |
| Unlevered Free Cash Flow | 37.24M | -46.15M | 128.11M | 16.74M | -3.52M | 1.57M |
| Cash Income Tax Paid | 1.46M | 18.13M | 381.81K | 17.49K | ||
| Change in Working Capital | -38.05M | -94.01M | -107.35M | 23.65M | -1.08M | 4.46M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 201.38M | 283.97M | ||||
| Enterprise Value | 171.95M | 260.76M | ||||
| Last Close Price | 1.78 | 2.51 | ||||
| PS Ratio | 7.43 | 4.21 | ||||
| PB Ratio | 6.93 | 5.19 | ||||
| P/TBV Ratio | 6.93 | 5.21 | ||||
| EV/Sales Ratio | 6.34 | 3.87 | ||||
| Debt / Equity Ratio | 0.07 | 0.00 | 0.00 | 0.00 | ||
| Debt / EBITDA Ratio | 0.00 | 0.00 | ||||
| Net Debt / Equity Ratio | -1.01 | -0.48 | -0.54 | -0.31 | -0.07 | -0.38 |
| Net Debt / EBITDA Ratio | 0.29 | 0.23 | -1.06 | -0.26 | -0.49 | -0.34 |
| Net Debt / FCF Ratio | 0.35 | 0.15 | 0.54 | 1.22 | 0.03 | 0.35 |
| Asset Turnover | 0.21 | 0.37 | 1.31 | 2.53 | 1.12 | 2.38 |
| Inventory Turnover | 7.11 | 14.06 | 21.79 | |||
| Quick Ratio | 0.85 | 0.72 | 2.04 | 1.20 | 0.42 | 0.92 |
| Current Ratio | 1.24 | 1.68 | 3.21 | 4.19 | 1.56 | 1.93 |
| Return on Equity (ROE) | -161.93% | -133.64% | 36.85% | 176.87% | -2.44% | 133.25% |
| Return on Assets (ROA) | -53.92% | -45.90% | 26.47% | 106.64% | -2.66% | 65.90% |
| Return on Invested Capital (ROIC) | -214.69% | 80.88% | 251.75% | -7.88% | 201.75% | |
| Return on Capital Employed (ROCE) | -370.70% | -243.50% | 46.60% | 116.50% | -6.10% | 95.00% |
| Earnings Yield | -71.52% | -62.28% | ||||
| FCF Yield | -41.82% | -60.25% | ||||
| Buyback Yield / Dilution | -3.39% | -1.16% | 0.00% | -50.00% |