3 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 48.8% per year over the past 2 years.
Operating margin has contracted, at -261.3% in the latest year.
Financial health
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Shareholder returns
Dividends have been paid for 1 consecutive year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$67M
-$177M
-112.2%
-261.3%
-$171M
—
$26M
2024
$302M
$66M
42.2%
27.0%
-$212M
—
$115M
2023
$257M
$140M
77.4%
67.5%
-$38M
—
—
Valuation over time
How the market has priced BGIN against its own fundamentals since 2025-10 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 6.7× (Oct '25) to 4.8× (Nov '25).
The price-to-sales ratio has risen from 1.5× (Oct '25) to 3.0× (Jun '26).
The dividend yield has risen from 1.5% (Dec '25) to 2.0% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is BGIN growing its revenue and profit?
Over the past 2 years, BGIN BLOCKCHAIN Ltd's revenue has declined 48.8% per year. These are computed facts, not advice.
How much debt does BGIN have?
As of FY2025, BGIN BLOCKCHAIN Ltd reported — of total debt against $26M of cash.
What is BGIN's profit margin?
In FY2025, gross margin was -112.2%, operating margin -261.3%, and net margin -262.6%.
What is BGIN's P/E ratio?
As of Jun '26, BGIN BLOCKCHAIN Ltd traded at a price-to-earnings ratio of about 4.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.