NASDAQ : BIYA
Baiya International Group Inc. — Financial statements
Technology · Software - Application · China
Last price 1.23 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 8.40M
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Financial statements
Baiya International Group Inc. (BIYA) reported revenue of 17.23M 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 | 17.23M | 16.48M | 12.81M | 11.57M | 13.16M | 20.82M |
| Cost of Revenue | 15.26M | 14.58M | 11.40M | 10.77M | 11.64M | 18.15M |
| Gross Profit | 1.98M | 1.90M | 1.41M | 802.35K | 1.53M | 2.68M |
| Selling, General & Admin | 9.62M | 11.25M | 1.10M | 1.22M | 2.45M | 1.96M |
| Research & Development | 227.06K | 227.06K | 238.15K | 300.52K | 479.22K | 337.77K |
| Operating Expenses | 9.85M | 11.48M | 1.34M | 1.52M | 2.93M | 2.30M |
| Operating Income | -7.87M | -9.58M | 64.36K | -719.09K | -1.40M | 373.97K |
| Interest Expense | -31.51K | -24.03K | -55.64K | |||
| Interest & Investment Income | 22.57K | 3.35K | 7.32K | |||
| Other Non Operating Income (Expenses) | 191.31K | 111.61K | 2.37K | -287.46K | 151.64K | 71.25K |
| Pretax Income | -7.66M | -9.46M | 35.22K | -1.03M | -1.31M | 452.54K |
| Income Tax Expense | 19.18K | 19.05K | 28.53K | 32.24K | 23.42K | 200.33K |
| Earnings From Continuing Operations | -7.68M | -9.48M | 6.69K | -1.06M | -1.33M | 252.21K |
| Minority Interest in Earnings | -34.91K | -51.90K | -15.44K | 45.74K | 65.58K | -12.61K |
| Net Income | -7.21M | -9.53M | -8.75K | -1.02M | -1.26M | 239.60K |
| Net Income to Common | -7.21M | -9.53M | -8.75K | -1.02M | -1.26M | 239.60K |
| Shares Outstanding (Basic) | 2.43M | 189.28K | 40.00K | 40.00K | 40.00K | 40.00K |
| Shares Outstanding (Diluted) | 2.43M | 189.28K | 40.00K | 40.00K | 40.00K | 40.00K |
| EPS (Basic) | -2.96 | -50.36 | -0.22 | -25.43 | -31.60 | 5.99 |
| EPS (Diluted) | -2.96 | -50.36 | -0.22 | -25.43 | -31.60 | 5.99 |
| Free Cash Flow | -1.25M | -7.44M | 1.58M | -1.80M | 406.64K | -1.56M |
| Free Cash Flow Per Share | -0.51 | -39.31 | 39.59 | -45.03 | 10.17 | -39.01 |
| Gross Margin | 11.48% | 11.54% | 10.99% | 6.93% | 11.60% | 12.85% |
| Operating Margin | -45.69% | -58.12% | 0.50% | -6.21% | -10.65% | 1.80% |
| Profit Margin | -41.82% | -57.85% | -0.07% | -8.79% | -9.61% | 1.15% |
| Free Cash Flow Margin | -7.23% | -45.16% | 12.36% | -15.56% | 3.09% | -7.49% |
| EBITDA | -7.87M | -9.58M | 64.80K | -718.29K | -1.40M | 379.50K |
| EBITDA Margin | -45.68% | -58.11% | 0.51% | -6.21% | -10.64% | 1.82% |
| D&A For EBITDA | 941.00 | 407.00 | 443.00 | 799.00 | 2.14K | 5.53K |
| EBIT | -7.87M | -9.58M | 64.36K | -719.09K | -1.40M | 373.97K |
| EBIT Margin | -45.69% | -58.12% | 0.50% | -6.21% | -10.65% | 1.80% |
| Effective Tax Rate | 81.01% | 44.27% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.18M | 688.94K | 1.67M | 31.97K | 2.40M | 134.49K |
| Short-Term Investments | 172.74K | 165.50K | 206.41K | 77.57K | ||
| Cash & Short-Term Investments | 1.18M | 861.68K | 1.83M | 238.39K | 2.48M | 134.49K |
| Accounts Receivable | 29.48K | 1.67M | 1.65M | 3.69M | 2.43M | 3.93M |
| Other Receivables | 596.47K | 17.88K | 4.50K | |||
| Receivables | 20.41M | 19.77M | 1.69M | 6.58M | 4.40M | 6.87M |
| Prepaid Expenses | 3.37M | 5.72M | 7.33K | 27.00K | 90.64K | 285.23K |
| Other Current Assets | 3.71M | 889.16K | 673.20K | 738.07K | 231.26K | |
| Total Current Assets | 28.67M | 26.35M | 4.42M | 7.52M | 7.71M | 7.52M |
| Property, Plant & Equipment | 10.69K | 49.82K | 51.23K | 6.39K | 159.51K | 361.10K |
| Long-Term Deferred Tax Assets | 5.97K | 2.98K | ||||
| Other Long-Term Assets | 1.06M | 1.43M | 33.02K | |||
| Total Assets | 29.74M | 27.83M | 4.95M | 7.62M | 7.88M | 7.88M |
| Accounts Payable | 38.71K | 2.00M | 1.66M | 2.84M | 1.77M | 2.25M |
| Accrued Expenses | 537.51K | 1.98M | 1.50M | 1.39M | 1.26M | 1.05M |
| Short-Term Debt | 107.25K | 164.40K | 140.80K | 144.99K | ||
| Current Portion of Long-Term Debt | 117.34K | 623.88K | 565.98K | |||
| Current Portion of Leases | 36.38K | 8.42K | 9.66K | 22.29K | 34.02K | |
| Current Income Taxes Payable | 35.44K | 17.79K | 249.19K | 231.76K | 229.06K | 260.75K |
| Other Current Liabilities | 1.67M | 617.81K | 653.10K | 1.68M | 2.13M | 1.03M |
| Total Current Liabilities | 2.29M | 4.76M | 4.36M | 6.91M | 6.12M | 4.62M |
| Long-Term Debt | 115.87K | 53.85K | ||||
| Long-Term Leases | 6.36K | 43.97K | 1.02K | 15.10K | ||
| Total Liabilities | 2.29M | 4.76M | 4.40M | 7.03M | 6.18M | 4.64M |
| Common Stock | 69.02K | 3.32K | 1.00K | 1.00K | 1.00K | 1.00K |
| Additional Paid-In Capital | 45.33M | 33.71M | 1.80M | 1.78M | 1.78M | 1.78M |
| Retained Earnings | -13.04M | -10.61M | -1.08M | -1.07M | -50.05K | 1.21M |
| Comprehensive Income & Other | -4.91M | -147.07K | -221.14K | -153.43K | -110.24K | 93.10K |
| Total Common Equity | 27.45M | 22.96M | 500.27K | 556.39K | 1.62M | 3.08M |
| Minority Interest | 3.88K | 113.38K | 49.80K | 37.92K | 86.02K | 162.32K |
| Shareholders' Equity | 27.45M | 23.07M | 550.06K | 594.32K | 1.70M | 3.25M |
| Total Liabilities & Equity | 29.74M | 27.83M | 4.95M | 7.62M | 7.88M | 7.88M |
| Total Debt | 150.00K | 334.14K | 891.23K | 787.11K | 49.12K | |
| Net Cash (Debt) | 1.18M | 711.69K | 1.50M | -652.84K | 1.69M | 85.36K |
| Net Cash Per Share | 0.49 | 3.76 | 37.49 | -16.32 | 42.37 | 2.13 |
| Filing Date Shares Outstanding | 6.35M | 3.83M | 50.08K | 40.00K | 40.00K | 400.00 |
| Total Common Shares Outstanding | 6.35M | 3.72M | 40.00K | 40.00K | 40.00K | 400.00 |
| Working Capital | 26.39M | 21.60M | 66.00K | 606.26K | 1.59M | 2.90M |
| Book Value Per Share | 4.33 | 6.17 | 12.51 | 13.91 | 40.42 | 7,710.24 |
| Tangible Book Value | 27.45M | 22.96M | 500.27K | 556.39K | 1.62M | 3.08M |
| Tangible Book Value Per Share | 4.33 | 6.17 | 12.51 | 13.91 | 40.42 | 7,710.24 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -7.21M | -9.53M | -8.75K | -1.02M | -1.26M | 239.60K |
| Depreciation & Amortization | 42.36K | 41.60K | 12.14K | 140.39K | 179.98K | 194.07K |
| Loss (Gain) From Sale of Assets | 12.45K | 12.45K | ||||
| Stock-Based Compensation | 5.56M | 6.10M | ||||
| Provision & Write-off of Bad Debts | 126.04K | 126.04K | -43.86K | 121.90K | 844.05K | 93.19K |
| Other Operating Activities | 327.63K | 51.90K | 15.44K | -39.92K | -68.88K | 411.00 |
| Change in Accounts Receivable | 37.71K | 49.36K | 1.97M | -1.33M | 704.95K | -262.41K |
| Change in Inventory | 811.68K | 40.37K | -141.52K | 19.93K | ||
| Change in Accounts Payable | 297.55K | 259.48K | -1.11M | 1.12M | -312.81K | -1.03M |
| Change in Income Taxes | -14.82K | -45.24K | -105.40K | 33.25K | -96.18K | 198.00K |
| Change in Other Net Operating Assets | -1.33M | -4.50M | 854.45K | -866.75K | 561.15K | -1.01M |
| Operating Cash Flow | -1.23M | -7.44M | 1.58M | -1.80M | 406.64K | -1.56M |
| Capital Expenditures | -11.85K | -5.52K | -2.92K | |||
| Investing Cash Flow | -19.57M | -17.19M | -2.92K | |||
| Short-Term Debt Issued | 938.38K | 1.33M | ||||
| Long-Term Debt Issued | 55.43K | 1.73M | ||||
| Total Debt Issued | 993.82K | 3.06M | ||||
| Short-Term Debt Repaid | -411.74K | -278.08K | -476.93K | |||
| Long-Term Debt Repaid | -119.14K | -638.75K | -31.22K | -1.13M | ||
| Total Debt Repaid | -530.88K | -530.88K | -916.83K | -508.15K | -1.13M | |
| Net Debt Issued (Repaid) | -530.88K | -530.88K | 76.99K | -508.15K | 1.93M | |
| Issuance of Common Stock | 21.60M | 25.54M | 1.33M | |||
| Other Financing Activities | -96.74K | 69.87K | ||||
| Financing Cash Flow | 20.98M | 25.01M | 76.99K | -508.15K | 1.93M | 1.40M |
| Foreign Exchange Rate Adjustments | 95.34K | 65.94K | -24.43K | -62.94K | -67.13K | -5.36K |
| Net Cash Flow | 271.46K | 450.65K | 1.64M | -2.37M | 2.27M | -168.35K |
| Free Cash Flow | -1.25M | -7.44M | 1.58M | -1.80M | 406.64K | -1.56M |
| Free Cash Flow Margin | -7.23% | -45.16% | 12.36% | -15.56% | 3.09% | -7.49% |
| Free Cash Flow Per Share | -0.51 | -39.31 | 39.59 | -45.03 | 10.17 | -39.01 |
| Levered Free Cash Flow | -3.70M | -22.20M | 2.65M | -1.62M | 2.22M | -1.12M |
| Unlevered Free Cash Flow | -3.70M | -22.20M | 2.67M | -1.61M | 2.26M | -1.12M |
| Cash Interest Paid | 5.91K | 36.72K | 63.04K | 56.88K | ||
| Cash Income Tax Paid | 4.54K | 15.09K | 55.30K | 46.10K | ||
| Change in Working Capital | -198.82K | -4.24M | 1.61M | -1.01M | 715.58K | -2.08M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 8.47M | 66.51M | ||||
| Enterprise Value | 7.29M | 65.72M | ||||
| Last Close Price | 1.24 | 38.70 | ||||
| PS Ratio | 0.49 | 4.04 | ||||
| PB Ratio | 0.29 | 2.88 | ||||
| P/TBV Ratio | 0.31 | 2.90 | ||||
| EV/Sales Ratio | 0.42 | 3.99 | ||||
| Debt / Equity Ratio | 0.01 | 0.61 | 1.50 | 0.46 | 0.01 | |
| Debt / EBITDA Ratio | 4.24 | 0.09 | ||||
| Debt / FCF Ratio | 0.21 | 1.94 | ||||
| Net Debt / Equity Ratio | -0.04 | -0.03 | -2.73 | 1.10 | -0.99 | -0.03 |
| Net Debt / EBITDA Ratio | 0.15 | 0.07 | -23.14 | -0.91 | 1.21 | -0.23 |
| Net Debt / FCF Ratio | 0.95 | 0.10 | -0.95 | -0.36 | -4.17 | 0.06 |
| Asset Turnover | 0.60 | 1.00 | 2.04 | 1.49 | 1.67 | 2.89 |
| Quick Ratio | 0.79 | 0.54 | 0.80 | 0.57 | 0.80 | 0.88 |
| Current Ratio | 12.55 | 5.54 | 1.01 | 1.09 | 1.26 | 1.63 |
| Return on Equity (ROE) | -30.75% | -80.28% | 1.17% | -92.54% | -53.73% | 10.51% |
| Return on Assets (ROA) | -17.27% | -36.51% | 0.64% | -5.80% | -11.12% | 3.24% |
| Return on Invested Capital (ROIC) | -29.97% | -42.83% | -57.66% | 9.02% | ||
| Return on Capital Employed (ROCE) | -28.70% | -41.50% | 10.80% | -101.10% | -79.80% | 11.50% |
| Earnings Yield | -238.99% | -14.33% | ||||
| FCF Yield | -14.72% | -11.19% | ||||
| Buyback Yield / Dilution | -5,336.27% | -373.19% |