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 grown 18.7% per year over the past 2 years.
Operating margin has contracted, at -9.3% in the latest year.
Financial health
The company is unprofitable; at its current free-cash-flow burn it has roughly 6.4 years of cash runway.
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
$190M
-$15M
-1.6%
-9.3%
-$1M
—
$9M
2024
$167M
$7M
10.8%
4.9%
-$2M
—
$8M
2023
$135M
$14M
19.1%
13.3%
$10M
—
$7M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$42M
-$5M
-4.5%
-12.5%
-$2M
—
$3M
Dec '25
$52M
-$4M
-1.5%
-8.0%
-$2M
—
$5M
Sep '25
$49M
-$7M
-5.0%
-13.5%
-$2M
—
$6M
Jun '25
$51M
-$5M
-0.3%
-7.9%
$7M
—
$9M
Mar '25
$46M
-$4M
0.6%
-9.1%
$3M
—
$6M
Dec '24
$51M
-$2M
0.9%
-4.3%
-$6M
—
$5M
Sep '24
$42M
-$5M
-8.5%
-17.1%
-$5M
—
$3M
Jun '24
$45M
$259397
4.1%
-0.0%
-$3M
—
$8M
Mar '24
$38M
$682220
8.6%
0.1%
$327432
—
$4M
Dec '23
$42M
$4M
18.3%
11.3%
-$1M
—
$5M
Sep '23
$41M
$3M
12.7%
8.0%
$2M
—
$7M
Jun '23
$48M
$5M
14.0%
12.3%
$1M
—
$7M
Mar '23
$30M
$2M
20.8%
10.7%
—
—
—
Valuation over time
How the market has priced BTOC against its own fundamentals since 2024-05 —
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 16.8× (May '24) to 6.8× (May '25).
The price-to-sales ratio has fallen from 1.7× (May '24) to 0.1× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is BTOC growing its revenue and profit?
Over the past 2 years, Armlogi Holding Corp.'s revenue has grown 18.7% per year. These are computed facts, not advice.
How much debt does BTOC have?
As of FY2025, Armlogi Holding Corp. reported — of total debt against $9M of cash.
What is BTOC's profit margin?
In FY2025, gross margin was -1.6%, operating margin -9.3%, and net margin -8.1%.
What is BTOC's P/E ratio?
As of Jun '26, Armlogi Holding Corp. traded at a price-to-earnings ratio of about 6.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S 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.