📊 BNBX Key Takeaways
Investment Thesis
BNB Plus Corp exhibits severe operational distress with massive negative operating margins (-3308.9%) and substantial operating cash burn (-$6.5M), despite a spike in revenue that appears unsustainable given the company's inability to convert sales to profitability. The company is rapidly consuming cash reserves while generating large operating losses, raising serious doubts about financial viability and going concern status.
BNBX Strengths
- Strong balance sheet with low debt-to-equity ratio (0.02x) providing financial flexibility
- Adequate liquidity position with current ratio of 2.32x suggesting near-term payment capability
- Positive gross margin of 55.8% indicates viable unit economics at the production level
BNBX Risks
- Catastrophic operating losses of $18.7M on only $565.4K revenue indicate fundamental business model failure or massive fixed cost burden
- Negative operating cash flow of $6.5M combined with $2.5M cash reserves suggests only ~4-5 quarters of runway at current burn rate
- Revenue growth of 1007.7% appears artificial or non-recurring given inability to achieve profitability, raising quality-of-earnings concerns
- Severely negative return metrics (ROE -98.7%, ROA -89.8%) demonstrate value destruction
- Free cash flow margin of -1207% indicates the business model is not sustainable at current operating scale
Key Metrics to Watch
- Operating cash flow trend and path to cash flow breakeven
- Operating margin trajectory and fixed cost reduction initiatives
- Cash burn rate and remaining runway months of operations
- Revenue sustainability and gross profit growth quality
- Operating expense breakdown and restructuring progress
BNBX Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 2.32x current ratio provides a solid financial cushion.
BNBX Profitability Ratios
BNBX vs Default Sector
How BNB PLUS CORP. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BNBX Balance Sheet & Liquidity
BNBX 5-Year Financial Trend
5-Year Trend Summary: BNB PLUS CORP.'s revenue has declined by 76% over the 5-year period, indicating business contraction. The most recent EPS of $-1,366.42 indicates the company is currently unprofitable.
BNBX Growth Metrics (YoY)
BNBX Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $565.4K | -$2.6M | $-2.08 |
| Q3 2025 | $304.4K | $1.9M | $-34.00 |
| Q2 2025 | $929.6K | -$3.3M | $-15.35 |
| Q1 2025 | $891.2K | -$1.1M | $-0.56 |
| Q3 2024 | $797.5K | $1.9M | $0.47 |
| Q2 2024 | $929.6K | $588.3K | $0.91 |
| Q1 2024 | $891.2K | -$1.1M | $-0.09 |
| Q3 2023 | $2.9M | -$1.1M | $-0.13 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BNBX Capital Allocation
BNBX SEC Filings
Access official SEC EDGAR filings for BNB PLUS CORP. (CIK: 0000744452)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BNBX
What is the AI rating for BNBX?
BNB PLUS CORP. (BNBX) has an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BNBX's key strengths?
Strong balance sheet with low debt-to-equity ratio (0.02x) providing financial flexibility. Adequate liquidity position with current ratio of 2.32x suggesting near-term payment capability.
What are the risks of investing in BNBX?
Catastrophic operating losses of $18.7M on only $565.4K revenue indicate fundamental business model failure or massive fixed cost burden. Negative operating cash flow of $6.5M combined with $2.5M cash reserves suggests only ~4-5 quarters of runway at current burn rate.
What is BNBX's revenue and growth?
BNB PLUS CORP. reported revenue of $565.4K.
Does BNBX pay dividends?
BNB PLUS CORP. does not currently pay dividends.
Where can I find BNBX SEC filings?
Official SEC filings for BNB PLUS CORP. (CIK: 0000744452) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BNBX's EPS?
BNB PLUS CORP. has a diluted EPS of $-2.08.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.