Bgin Blockchain Limited (BGIN) financial statements
Bgin Blockchain Limited reported revenue of $15M in fiscal 2025, down 73.7% a year over 2 years.
Net income was -$177M and the operating margin -1154.4%, against 79.0% in 2023.
Free cash flow was -$171M, and the company returned $4M in dividends.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Bgin Blockchain Limited's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $220M | $192M | $15M |
| Cost of revenue | $58M | $175M | $143M |
| Gross profit | $199M | $128M | -$76M |
| Research and development | $10M | $16M | $20M |
| Selling, general and admin | $16M | $8M | $14M |
| Operating income | $174M | $82M | -$176M |
| Pre-tax income | $174M | $81M | -$175M |
| Income tax | $34M | $15M | $2M |
| Net income | $140M | $66M | -$177M |
| EPS (diluted) | $1.30 | $0.61 | -$1.62 |
| Diluted shares | 108M | 108M | 109M |
| Gross margin | 90.6% | 66.4% | -495.5% |
| Operating margin | 79.0% | 42.5% | -1154.4% |
| Net margin | 63.6% | 34.4% | -1160.0% |
Balance sheet
Fiscal years, from Bgin Blockchain Limited's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $47M | $115M | $26M |
| Receivables | — | — | $9,544 |
| Inventory | — | $12M | $8M |
| Total current assets | — | $195M | $64M |
| Property, plant and equipment | — | $72M | $27M |
| Total assets | — | $271M | $93M |
| Total current liabilities | — | $61M | $38M |
| Total liabilities | — | $61M | $38M |
| Shareholders' equity | $149M | $210M | $54M |
| Net debt | -$47M | -$115M | -$26M |
Cash flow
Fiscal years, from Bgin Blockchain Limited's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | -$31M | -$199M | -$167M |
| Capital spending | $7M | $13M | $4M |
| Free cash flow | -$38M | -$212M | -$171M |
| Stock-based compensation | — | — | $555,045 |
| Dividends paid | — | — | $4M |
| Free cash flow margin | -17.3% | -110.5% | -1121.5% |
| Dividends per share | — | — | $0.04 |
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Open BGIN in InvestinglyQuestions
What was Bgin Blockchain Limited's revenue in 2025?
$15M in fiscal 2025, from its 10-K filing.
How much free cash flow does Bgin Blockchain Limited generate?
-$171M in fiscal 2025 (operating cash flow minus capital spending).
From Bgin Blockchain Limited's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.