BGDE Nasdaq Finance Services Financials FY2016βFY2025
Big Digital Energy, Inc. had $39.8M of revenue in fiscal 2025, down 32.9% on the year before. Over five years, revenue changed +55.0% a year on average.
Last close Β· Oct 23, 2026
$3.86
7.2%Hi! I read Big Digital Energy, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β32.9%
No. Sales fell 32.9% last year.
Does it make a profit?
β59.5%
No. It lost money last year.
Does profit turn into cash?
β17.7%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· Big Digital Energy, Inc. had $39.8M of revenue in fiscal 2025, down 32.9% on the year before. Over five years, revenue changed +55.0% a year on average. Its operating margin was β48.5%, up 4.0Β pts: of every 100 in sales, about β49 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Big Digital Energy, Inc. lost $23.7M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$7.0M in fiscal 2025, β17.7% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders bought $25.4M of shares on the open market and sold none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$25.4M
9 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 21, 2026 | Six Thirty AI, LLC10% owner | Bought | 795 | $6.21 | $0.0M | Form 4 |
| Sep 18, 2026 | Six Thirty AI, LLC10% owner | Bought | 494 | $5.99 | $0.0M | Form 4 |
| Sep 15, 2026 | PM Squared LLC10% owner, Other | Bought | 1,325 | $5.99 | $0.0M | Form 4 |
| Sep 14, 2026 | Cody Smith10% owner, See Remarks | Bought | 912 | $6.49 | $0.0M | Form 4 |
| Sep 11, 2026 | Cody Smith10% owner, See Remarks | Bought | 1,138 | $6.35 | $0.0M | Form 4 |
| Sep 9, 2026 | Cody Smith10% owner, See Remarks | Bought | 1,130 | $6.35 | $0.0M | Form 4 |
| Sep 2, 2026 | Six Thirty AI, LLC10% owner | Bought | 4,000 | $6.29 | $0.0M | Form 4 |
| Sep 1, 2026 | Six Thirty AI, LLC10% owner | Bought | 16,000 | $6.46 | $0.1M | Form 4 |
| Aug 31, 2026 | Six Thirty AI, LLC10% owner | Bought | 30,000 | $6.66 | $0.2M | Form 4 |
| Aug 28, 2026 | Six Thirty AI, LLC10% owner | Bought | 135 | $6.64 | $0.0M | Form 4 |
| Aug 27, 2026 | PM Squared LLC10% owner, Other | Bought | 135 | $7.25 | $0.0M | Form 4 |
| Aug 21, 2026 | Joshua Allen KilgoreOfficer, 10% owner | Bought | 6,000 | $7.52 | $0.0M | Form 4 |
| Aug 20, 2026 | Joshua Allen KilgoreOfficer, 10% owner | Bought | 2,098 | $7.09 | $0.0M | Form 4 |
| Aug 18, 2026 | Cody Smith10% owner, See Remarks | Bought | 16,000 | $6.73 | $0.1M | Form 4 |
| Aug 17, 2026 | Cody Smith10% owner, See Remarks | Bought | 14,600 | $7.18 | $0.1M | Form 4 |
| Aug 17, 2026 | Rodger DavisDirector | Bought | 800 | $7.10 | $0.0M | Form 4 |
| Aug 14, 2026 | Cody Smith10% owner, See Remarks | Bought | 39,090 | $6.72 | $0.3M | Form 4 |
| Jun 30, 2026 | Joshua Allen Kilgore10% owner, See Remarks | Bought | 16,700 | $1,000.00 | $16.7M | Form 4 |
| Jun 12, 2026 | Daniel J MorrisonDirector | Bought | 3,021 | $7.50 | $0.0M | Form 4 |
| Jun 12, 2026 | Lisa HoughDirector | Bought | 1,000 | $7.46 | $0.0M | Form 4 |
| Jun 12, 2026 | Endeavor Blockchain, LLC10% owner | Bought | 25,784 | $7.33 | $0.2M | Form 4 |
| Jun 11, 2026 | Rodger DavisDirector | Bought | 2,000 | $7.04 | $0.0M | Form 4 |
| Jun 11, 2026 | Kyle B. DangesDirector | Bought | 3,000 | $6.93 | $0.0M | Form 4 |
| Jun 11, 2026 | Endeavor Blockchain, LLC10% owner | Bought | 43,886 | $7.05 | $0.3M | Form 4 |
| Jan 28, 2026 | Joshua Allen Kilgore10% owner | Bought | 42,100 | $4.57 | $0.2M | Form 4 |
| Jan 26, 2026 | Joshua Allen Kilgore10% owner | Bought | 60,000 | $4.84 | $0.3M | Form 4 |
| Jan 16, 2026 | Endeavor Blockchain, LLC10% owner | Bought | 140,000 | $4.68 | $0.7M | Form 4 |
| Jan 12, 2026 | Endeavor Blockchain, LLC10% owner | Bought | 22,018 | $4.54 | $0.1M | Form 4 |
| Jan 9, 2026 | Endeavor Blockchain, LLC10% owner | Bought | 160,000 | $4.56 | $0.7M | Form 4 |
| Jan 7, 2026 | Endeavor Blockchain, LLC10% owner | Bought | 100,000 | $4.52 | $0.5M | Form 4 |
| Jan 6, 2026 | Endeavor Blockchain, LLC10% owner | Bought | 20,000 | $4.49 | $0.1M | Form 4 |
| Jan 5, 2026 | Endeavor Blockchain, LLC10% owner | Bought | 10,000 | $4.60 | $0.0M | Form 4 |
| Dec 29, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 20,000 | $4.55 | $0.1M | Form 4 |
| Dec 26, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 55,000 | $4.34 | $0.2M | Form 4 |
| Dec 16, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 20,245 | $4.07 | $0.1M | Form 4 |
| Dec 15, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 60,000 | $4.36 | $0.3M | Form 4 |
| Dec 12, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 98,000 | $5.37 | $0.5M | Form 4 |
| Dec 11, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 124,000 | $8.44 | $1.0M | Form 4 |
| Dec 10, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 105,005 | $6.01 | $0.6M | Form 4 |
| Dec 9, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 70,106 | $4.74 | $0.3M | Form 4 |
| Dec 8, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 50,301 | $4.37 | $0.2M | Form 4 |
| Dec 5, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 110,191 | $4.39 | $0.5M | Form 4 |
| Dec 3, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 59,832 | $4.84 | $0.3M | Form 4 |
| Dec 2, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 18,599 | $4.90 | $0.1M | Form 4 |
| Dec 1, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 29,000 | $4.83 | $0.1M | Form 4 |
| Nov 28, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 6,000 | $5.19 | $0.0M | Form 4 |
| Nov 26, 2025 | Endeavor Blockchain, LLC10% owner | Bought | 50,000 | $5.06 | $0.3M | Form 4 |
Can it carry its debts, and how well does it use its money?
KIRA Β· Big Digital Energy, Inc. owes $12.1M more than it holds in cash.
Cash, debt and the ratios that show how comfortably Big Digital Energy, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $5.5M | $0.9M | $4.5M | $6.1M | $13.3M |
| Debt incl. finance leases | $11.1M | $28.12T | $19.4M | $20.9M | $25.4M |
| Net debt / EBITDA | β | 1,471,676.5x | β | β | β |
| Debt / equity | 0.1x | 364,860.1x | 0.7x | β | β |
| Interest coverage | β26.0x | β7.3x | β19.8x | β10.1x | β5.7x |
| Current ratio | 0.6x | 0.6x | 0.4x | 0.4x | 0.5x |
| Quick ratio | 0.6x | 0.6x | 0.4x | 0.4x | 0.5x |
| Total assets | $145M | $133M | $84.8M | $61.4M | $57.4M |
| Total liabilities | $30.7M | $57.2M | $54.4M | $64.7M | $60.6M |
| Shareholders' equity | $115M | $77.1M | $29.2M | β$3.2M | β$3.1M |
| Net debt (β = net cash) | $5.7M | $28.12T | $15.0M | $14.8M | $12.1M |
KIRA Β· Its return on capital was β173.3%: every 100 invested in the business earned about β173 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Big Digital Energy, Inc. passes 4 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 3 / 7 | 3 / 7 | 3 / 7 | 4 / 7 | 4 / 9 | 4 / 9 | 2 / 9 | 5 / 9 | 4 / 9 |
| Accruals ratio | β384.1% | β482.5% | β53.6% | β60.5% | β88.9% | β87.6% | β48.1% | β53.1% | β68.0% | β28.2% |
| Altman Z'' | β1,282.46 | β208.88 | β34.62 | β78.06 | β7.10 | β0.04 | β4.54 | β13.81 | β19.44 | β20.22 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $0.1M | $0.0M | β$0.0M | $0.0M | $4.4M | $43.9M | $84.4M | $43.6M | $59.3M | $39.8M |
| Net interest income | $0.1M | β | β | β | β | β | β | β | β | β |
| Gross profit | β | β | β | β | $1.3M | $34.0M | $36.7M | $15.0M | $20.3M | $17.3M |
| Research and development | $0.2M | $0.5M | $0.7M | $0.5M | $0.4M | β | β | β | β | β |
| Operating income | β$1.0M | β$1.5M | β$3.6M | β$3.2M | β$2.4M | β$42.7M | β$44.1M | β$60.3M | β$31.2M | β$19.3M |
| Interest expense | $0.0M | $0.0M | β | β | β | $1.6M | $6.1M | $3.0M | $3.1M | $3.4M |
| Pretax income | β$1.1M | β$3.0M | β$3.3M | β$11.3M | β$4.9M | β$45.2M | β$54.0M | β$52.6M | β$45.4M | β$23.6M |
| Income tax | β | β | β | β | $0.1M | $0.3M | β | $5.9M | $1.0M | $0.0M |
| Net income | β$1.1M | β$3.0M | β$3.3M | β$3.5M | β$5.1M | β$45.0M | β$52.8M | β$60.4M | β$46.1M | β$23.7M |
| Net income to common | β$1.1M | β$3.0M | β$3.6M | β$3.9M | β$5.3M | β | β | β | β | β |
| Diluted EPS | $0.38 | β$0.86 | β$0.61 | β$0.36 | β$0.71 | β$0.80 | β$4.16 | β$3.86 | β$51.75 | β$20.11 |
| Diluted shares | 0.00B | 0.00B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.00B | 0.00B |
| Cash flow | ||||||||||
| Cash from operations | β$0.9M | β$1.4M | β$2.2M | β$2.1M | β$0.2M | $23.0M | $14.3M | β$2.5M | $3.6M | β$6.9M |
| Capital expenditure | $0.0M | $0.0M | $0.0M | β | $5.5M | $76.8M | $50.0M | $5.4M | $2.0M | $0.1M |
| Free cash flow | β$0.9M | β$1.4M | β$2.2M | β | β$5.7M | β$53.9M | β$35.7M | β$7.9M | $1.6M | β$7.0M |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.0M | $4.6M | $14.1M | $63.2M | $38.1M | $17.9M | $5.6M |
| Stock-based compensation | $0.1M | $0.0M | $1.3M | $0.8M | $0.2M | $22.5M | $3.0M | $10.8M | $14.1M | $9.0M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.0M | $0.2M | $3.2M | $0.7M | $1.1M | $5.5M | $0.9M | $4.5M | $6.1M | $13.3M |
| Total debt | $0.0M | β | β | β | $0.3M | $11.1M | $28.12T | $19.4M | $20.9M | $25.2M |
| Finance lease liabilities | β | β | β | β | β | $0.0M | $0.1M | $0.1M | β | $0.2M |
| Deposits | β | β | β | β | β | β | β | $15.3M | $15.3M | β |
| Current assets | $0.1M | $0.6M | $3.4M | $1.1M | $1.8M | $11.4M | $20.3M | $20.1M | $26.0M | $27.5M |
| Current liabilities | $0.8M | $3.7M | $3.2M | $0.6M | $2.2M | $20.1M | $35.5M | $53.3M | $61.9M | $58.8M |
| Property and equipment, net | $0.0M | $0.0M | $0.0M | $0.0M | $7.0M | $76.9M | $91.0M | $57.7M | $28.1M | $22.6M |
| Total assets | $0.1M | $0.6M | $3.4M | $1.2M | $9.8M | $145M | $133M | $84.8M | $61.4M | $57.4M |
| Total liabilities | $0.9M | $0.3M | $0.3M | $0.3M | $2.2M | $30.7M | $57.2M | $54.4M | $64.7M | $60.6M |
| Preferred stock | β | β | $0.0M | β | β | β | β | β | β | β |
| Shareholders' equity | β$0.8M | β$3.1M | $0.2M | $7.4M | $7.6M | $115M | $77.1M | $29.2M | β$3.2M | β$3.1M |
| Margins | ||||||||||
| Gross margin | β | β | β | β | 29.1% | 77.4% | 43.5% | 34.5% | 34.2% | 43.6% |
| Operating margin | β891.4% | β24,683.3% | 90,750.0% | β105,666.7% | β54.9% | β97.3% | β52.3% | β138.4% | β52.6% | β48.5% |
| EBITDA margin | β890.5% | β24,666.7% | 90,700.0% | β105,633.3% | 49.0% | β65.1% | 22.6% | β51.0% | β22.4% | β34.4% |
| Net margin | β981.9% | β49,433.3% | 81,975.0% | β115,000.0% | β113.8% | β102.5% | β62.5% | β138.7% | β77.8% | β59.5% |
| FCF margin | β754.3% | β22,800.0% | 55,325.0% | β | β128.0% | β122.8% | β42.3% | β18.1% | 2.7% | β17.7% |
| Net interest share of revenue | 100.0% | β | β | β | β | β | β | β | β | β |
| Returns | ||||||||||
| Return on capital | β | β | β | β | β28.5% | β28.0% | β0.0% | β108.0% | β212.3% | β173.3% |
| Return on capital employed | 138.2% | 47.8% | β1,712.3% | β592.5% | β32.1% | β34.1% | β45.1% | β191.8% | 6,145.7% | 1,378.8% |
| Return on equity | β | β | β | β90.3% | β67.4% | β73.5% | β55.0% | β113.7% | β354.9% | β |
| Return on assets | β1,650.7% | β893.4% | β164.0% | β150.7% | β92.3% | β58.0% | β37.9% | β55.4% | β63.1% | β39.8% |
| Return on tangible equity | β | β | β1,684.4% | β52.5% | β70.1% | β39.2% | β68.5% | β206.7% | β | β |
| Growth | ||||||||||
| Revenue growth | β | β94.8% | β166.7% | β | 148,196.7% | 885.9% | 92.4% | β48.4% | 36.0% | β32.9% |
| EPS growth | β | β326.3% | β | β | β | β | β | β | β | β |
| FCF growth | β | β | β | β | β | β | β | β | β | β539.3% |
| Share count change | β | 13.8% | 64.3% | 86.2% | β32.5% | 32.2% | 35.3% | 23.3% | β94.3% | 32.0% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | β | β | β | β0.4x | β | 1,471,676.5x | β | β | β |
| Debt / equity | β | β | β | β | 0.0x | 0.1x | 364,860.1x | 0.7x | β | β |
| Interest coverage | β64.6x | β67.3x | β | β | β | β26.0x | β7.3x | β19.8x | β10.1x | β5.7x |
| Current ratio | 0.1x | 0.2x | 1.1x | 1.8x | 0.8x | 0.6x | 0.6x | 0.4x | 0.4x | 0.5x |
| Quick ratio | 0.1x | 0.2x | 1.1x | 1.8x | 0.8x | 0.6x | 0.6x | 0.4x | 0.4x | 0.5x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.9% | 66.7% | β125.0% | β | 123.8% | 175.1% | 59.2% | 12.3% | 3.3% | 0.4% |
| Stock comp / revenue | 56.0% | 316.7% | β32,225.0% | 27,266.7% | 5.5% | 51.3% | 3.6% | 24.9% | 23.7% | 22.6% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 3.0 | 3.0 | 3.0 | 4.0 | 4.0 | 4.0 | 2.0 | 5.0 | 4.0 |
| Altman Z'' | β1,282.5 | β208.9 | β34.6 | β78.1 | β7.1 | β0.0 | β4.5 | β13.8 | β19.4 | β20.2 |
| Accruals ratio | β384.1% | β482.5% | β53.6% | β60.5% | β88.9% | β87.6% | β48.1% | β53.1% | β68.0% | β28.2% |
Source: SEC EDGAR XBRL filings (CIK 0001218683). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
