NASDAQ : BGL
Blue Gold Limited — Financial statements
Materials · Gold · Cayman Islands
Last price 0.126 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.46M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cost of Revenue | 6.02K | 484.64K | 6.25M | |
| Gross Profit | -6.02K | -484.64K | -6.25M | |
| Selling, General & Admin | 17.51M | 11.32M | 1.87M | 2.00M |
| Other Operating Expenses | 2.75M | 2.52M | 1.28M | |
| Operating Expenses | 20.34M | 13.89M | 3.19M | 2.01M |
| Operating Income | -20.34M | -14.38M | -9.44M | -2.01M |
| Interest Expense | -201.57K | -512.29K | ||
| Interest & Investment Income | 543.62K | 588.06K | ||
| Other Non Operating Income (Expenses) | -1.21M | -6.07M | ||
| EBT Excluding Unusual Items | -21.21M | -19.86M | -9.96M | -2.01M |
| Merger & Restructuring Charges | -764.15K | -2.05M | -1.68M | |
| Pretax Income | -22.85M | -21.91M | -11.64M | -2.01M |
| Net Income | -22.85M | -21.91M | -11.64M | -2.01M |
| Net Income to Common | -22.85M | -21.91M | -11.64M | -2.01M |
| Shares Outstanding (Basic) | 26.41M | 14.07M | 9.22M | 8.99M |
| Shares Outstanding (Diluted) | 26.41M | 14.07M | 9.22M | 8.99M |
| EPS (Basic) | -0.87 | -1.56 | -1.26 | -0.22 |
| EPS (Diluted) | -0.87 | -1.56 | -1.26 | -0.22 |
| Free Cash Flow | -11.69M | -10.57M | -6.59M | |
| Free Cash Flow Per Share | -0.44 | -0.75 | -0.71 | |
| EBITDA | -18.13M | -12.41M | -8.36M | |
| D&A For EBITDA | 2.22M | 1.96M | 1.08M | |
| EBIT | -20.34M | -14.38M | -9.44M | -2.01M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 591.64K | 679.44K | 170.56K | |
| Cash & Short-Term Investments | 591.64K | 679.44K | 170.56K | |
| Other Receivables | 271.13K | 7.77K | 2.26K | |
| Receivables | 271.13K | 7.77K | 2.26K | |
| Prepaid Expenses | 3.20M | 1.70M | 259.85K | 83.99K |
| Other Current Assets | 858.11K | 529.95K | ||
| Total Current Assets | 4.92M | 2.92M | 432.67K | 83.99K |
| Property, Plant & Equipment | 34.91M | 34.95M | 33.01M | |
| Other Intangible Assets | 93.89K | 93.89K | ||
| Total Assets | 39.98M | 37.96M | 33.45M | 83.99K |
| Accounts Payable | 9.80M | 8.16M | 1.85M | |
| Accrued Expenses | 4.69M | 2.38M | 936.29K | |
| Short-Term Debt | 8.25M | 4.67M | 5.22M | 418.67K |
| Other Current Liabilities | 33.61K | 1.00 | ||
| Total Current Liabilities | 22.77M | 15.22M | 8.01M | 418.67K |
| Other Long-Term Liabilities | 40.07M | 42.90M | 33.74M | |
| Total Liabilities | 62.84M | 58.12M | 41.74M | 418.67K |
| Common Stock | 4.33K | 3.47K | 978.00 | |
| Additional Paid-In Capital | 22.24M | 16.03M | 3.72M | |
| Retained Earnings | -42.66M | -33.88M | -11.97M | -334.68K |
| Comprehensive Income & Other | -2.45M | -2.32M | -42.55K | |
| Shareholders' Equity | -22.86M | -20.16M | -8.30M | -334.68K |
| Total Liabilities & Equity | 39.98M | 37.96M | 33.45M | 83.99K |
| Total Debt | 8.25M | 4.67M | 5.22M | 418.67K |
| Net Cash (Debt) | -7.66M | -3.99M | -5.05M | -418.67K |
| Net Cash Per Share | -0.29 | -0.28 | -0.55 | -0.05 |
| Filing Date Shares Outstanding | 43.30M | 38.02M | 30.57M | 100.00M |
| Total Common Shares Outstanding | 43.30M | 34.68M | 108.75M | 100.00M |
| Working Capital | -17.85M | -12.30M | -7.57M | -334.68K |
| Book Value Per Share | -0.53 | -0.58 | -0.08 | -0.00 |
| Tangible Book Value | -22.96M | -20.26M | -8.30M | -334.68K |
| Tangible Book Value Per Share | -0.53 | -0.58 | -0.08 | -0.00 |
| Buildings | 1.79M | 1.79M | 1.79M | |
| Machinery | 1.17M | 1.17M | 1.16M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -22.85M | -21.91M | -11.64M | -2.01M |
| Depreciation & Amortization | 2.22M | 1.96M | 1.08M | |
| Stock-Based Compensation | 1.27M | 1.16M | ||
| Other Operating Activities | 1.63M | 6.07M | 1.68M | 2.51M |
| Change in Accounts Receivable | -233.53K | -5.23K | -2.30K | |
| Change in Accounts Payable | 8.22M | 4.36M | 1.87M | |
| Change in Other Net Operating Assets | -1.94M | -2.21M | 774.12K | -503.95K |
| Operating Cash Flow | -11.69M | -10.56M | -6.23M | |
| Capital Expenditures | -48.00 | -2.85K | -355.28K | |
| Sale (Purchase) of Intangibles | -93.89K | -93.89K | ||
| Investing Cash Flow | -93.94K | -96.73K | -355.28K | |
| Short-Term Debt Issued | 7.59M | 3.50M | ||
| Total Debt Issued | 10.67M | 7.59M | 3.50M | |
| Short-Term Debt Repaid | -1.63M | -377.15K | ||
| Total Debt Repaid | -1.81M | -1.63M | -377.15K | |
| Net Debt Issued (Repaid) | 8.86M | 5.97M | 3.12M | |
| Issuance of Common Stock | 3.01M | 5.23M | 3.63M | |
| Other Financing Activities | 13.26K | |||
| Financing Cash Flow | 11.87M | 11.21M | 6.75M | |
| Foreign Exchange Rate Adjustments | 191.32K | -35.70K | 11.11K | |
| Net Cash Flow | 283.94K | 508.88K | 170.56K | |
| Free Cash Flow | -11.69M | -10.57M | -6.59M | |
| Free Cash Flow Per Share | -0.44 | -0.75 | -0.71 | |
| Levered Free Cash Flow | -6.06M | -170.15K | -2.89M | |
| Unlevered Free Cash Flow | -5.94M | -170.15K | -2.57M | |
| Change in Working Capital | 6.05M | 2.14M | 2.64M | -503.95K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 5.11M | 66.53M | 74.40M | 206.03M |
| Enterprise Value | 12.76M | 70.45M | 75.31M | |
| Last Close Price | 0.12 | 1.92 | 12.29 | 10.98 |
| PB Ratio | -3.30 | -8.97 | -615.62 | |
| Debt / Equity Ratio | -0.36 | -0.23 | -0.63 | -1.25 |
| Net Debt / Equity Ratio | -0.34 | -0.20 | -0.61 | -1.25 |
| Net Debt / EBITDA Ratio | -0.42 | -0.32 | -0.60 | |
| Net Debt / FCF Ratio | -0.66 | -0.38 | -0.77 | |
| Quick Ratio | 0.04 | 0.04 | 0.02 | |
| Current Ratio | 0.22 | 0.19 | 0.05 | 0.20 |
| Return on Assets (ROA) | -34.47% | -25.17% | -35.20% | |
| Return on Capital Employed (ROCE) | -118.20% | -63.20% | -37.10% | 600.00% |
| Earnings Yield | -733.77% | -32.93% | -15.64% | -0.97% |
| FCF Yield | -228.94% | -15.88% | -8.86% | |
| Buyback Yield / Dilution | -136.75% | -52.54% | -2.61% |