Bullish
BLSH
31.82
-1.56
-4.67%
Bullish
US · BLSH
#2098 by market cap
Listed 2025
31.82
-1.56
-4.67%
Live - 5344 symbols - heartbeat 218s ago
· 2026-10-08 08:23
Pre-market
31.02
-2.51%
After-hours
31.98
+0.50%
Overnight
31.40
-1.32%
- Market cap
- 4.83B
- P/E (TTM)i
- -3.45
- P/Bi
- 2.00
- EPSi
- -5.18
- Div yieldi
- 0.00%
- 52W posi
- 27%
Reader sentiment
Are you bullish or bearish on BLSH?
Anonymous reader poll. Unscientific, not investment advice.
Revenue annual, last 6 years
Margins
- Gross margin
- 0.03%
- Operating margin
- 0.02%
- Net margin
- -0.31%
Key ratios & quality
- Enterprise valuei
- 3.86B
Income statement
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | -- | 1.32B | -- | -- | -- | -- |
| Gross profit | -- | -1.04B | -6.56M | -21.67M | 5.28M | 74.08M |
| Selling & admin expenses | -- | 99.68M | 53.67M | 15.31M | 24.79M | 53.81M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -- | -1.28B | 15.67M | 10.21M | 31.92M | 50.66M |
| Pretax profit | -- | -1.40B | -4.24B | 1.30B | 84.57M | -786.41M |
| Tax | -- | 263.00K | 1.20M | 1.46M | 5.01M | -944.00K |
| Net profit | -- | -1.40B | -4.25B | 1.30B | 79.56M | -785.47M |
| Basic EPS | -- | -10 | -29 | 9 | 1 | -6 |
| Diluted EPS | -- | -9.59 | -29.04 | 8.89 | 0.54 | -5.99 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | -- |
| Gross profit | 3.67M | 7.37M | 65.05M | -85.45M | 29.79M | 28.81M |
| Selling & admin expenses | 13.46M | 15.52M | 45.71M | -82.10M | 27.52M | 27.40M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 3.26M | -12.72M | 19.34M | 27.04M | 7.77M | -8.30M |
| Pretax profit | -348.84M | 109.14M | 18.38M | -565.09M | -604.64M | -279.97M |
| Tax | -221.00K | 876.00K | -76.00K | -1.52M | 226.00K | 4.00K |
| Net profit | -348.62M | 108.27M | 18.45M | -563.57M | -604.86M | -279.97M |
| Basic EPS | -2 | 1 | 0 | -4 | -4 | -2 |
| Diluted EPS | -2.35 | 0.74 | 0.10 | -3.73 | -3.85 | -1.78 |
Balance sheet
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total current assets | 292.00M | 7.44B | 3.38B | 1.71B | 2.91B | 3.80B |
| Cash & ST investments | 239.38M | 1.23B | 1.41B | 367.67M | 250.36M | 1.53B |
| Inventory | 0 | 6.11B | 1.66B | 1.29B | 573.88M | 206.18M |
| Total assets | 5.05B | 7.46B | 3.41B | 1.80B | 3.05B | 3.96B |
| Total current liabilities | 28.12M | 172.42M | 1.51B | 37.74M | 85.05M | 129.91M |
| Short-term debt | -- | 955.00K | 3.22M | 3.82M | 29.25M | 55.84M |
| Long-term debt | -- | -- | -- | 428.91M | 503.06M | 510.87M |
| Total liabilities | 1,037,503,000.00 | 1,344,300,000.00 | 1,523,254,000.00 | 522,225,000.00 | 646,753,000.00 | 658,175,000.00 |
| Total equity | 4.01B | 6.11B | 1.88B | 1.28B | 2.40B | 3.30B |
| Retained earnings | -19.84M | 2.03B | -2.21B | -2.67B | -2.31B | -2.67B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 2.53B | 3.10B | 4.49B | 3.80B | 3.18B | 2.94B |
| Cash & ST investments | 420.68M | 564.05M | 1.63B | 1.53B | 1.21B | 1.27B |
| Inventory | 192.59M | 231.87M | 254.20M | 206.18M | 142.70M | 139.13M |
| Total assets | 2.66B | 3.24B | 4.62B | 3.96B | 3.32B | 3.10B |
| Total current liabilities | 158.15M | 126.22M | 115.77M | 129.91M | 120.28M | 125.05M |
| Short-term debt | 109.83M | 77.98M | 53.01M | 55.84M | 6.55M | 6.52M |
| Long-term debt | 483.21M | 503.01M | 521.86M | 510.87M | 487.74M | 498.57M |
| Total liabilities | 701,067,000.00 | 688,196,000.00 | 645,330,000.00 | 658,175,000.00 | 620,849,000.00 | 636,683,000.00 |
| Total equity | 1.96B | 2.55B | 3.98B | 3.30B | 2.70B | 2.46B |
| Retained earnings | -2.60B | -2.38B | -2.29B | -2.67B | -2.86B | -3.12B |
Cash flow
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -- | -120.95M | 194.93M | -126.67M | -29.98M | 28.63M |
| Depreciation & amortization | -- | 471.00K | 3.60M | 5.42M | 8.55M | 7.07M |
| Free cash flow | -- | -455.26M | 193.64M | -127.63M | -33.69M | -23.16M |
| Dividends paid | -- | -371.25M | 0 | -534.64M | 0 | 0 |
| Stock buybacks / issuance | -- | 0 | -- | 0 | 0 | 59.19M |
| Ending cash balance | -- | 1.28B | 1.47B | 131.53M | 55.78M | 130.50M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -3.58M | 17.01M | -46.62M | 61.83M | 90.92M | 16.89M |
| Depreciation & amortization | 2.11M | 2.19M | 1.82M | 949.00K | 2.23M | 2.04M |
| Free cash flow | -45.27M | 16.78M | -48.72M | 54.05M | 89.60M | 16.25M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock buybacks / issuance | 0 | 0 | 59.19M | 0 | 1.35M | 2.53M |
| Ending cash balance | 52.89M | 57.86M | 102.50M | 130.50M | 154.54M | 162.26M |
Returns & efficiency
| Line item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -27.69 | -106.23 | 82.11 | 4.28 | -27.28 |
| ROA %i | -- | -22.41 | -78.18 | 48.77 | 3.16 | -21.84 |
| ROIC %i | -- | -25.86 | -103.54 | 71.46 | 4.93 | -21.17 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -14.96 |
| EBIT margin %i | -- | -96.41 | -5.65 | 1.12 | 0.05 | -0.30 |
| FCF / sales %i | -- | -- | 0.27 | -- | -- | -- |
| Current ratioi | 10.38 | 43.17 | 2.23 | 45.20 | 34.24 | 29.28 |
| Quick ratioi | 10.38 | 7.16 | 0.99 | 10.39 | 5.05 | 15.43 |
| Debt / assetsi | 0.00 | 0.09 | 0.41 | 24.41 | 17.82 | 14.69 |
| LT debt / equityi | -- | 0.09 | 0.58 | 34.07 | 21.50 | 16.33 |
| Interest coveragei | -- | -10.05 | -33.59 | 437.30 | 3.19 | -14.02 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | 474.25 | 49.79 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -18.84 | -5.76 | -1.56 | -27.28 | -43.51 | -55.73 |
| ROA %i | -13.85 | -4.51 | -1.32 | -21.84 | -33.47 | -43.56 |
| ROIC %i | -13.17 | -3.56 | -0.51 | -21.17 | -33.09 | -43.63 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -0.13 | -0.04 | 0.00 | -0.30 | -0.46 | -0.72 |
| FCF / sales %i | -- | -- | -- | -- | 0.05 | 0.06 |
| Current ratioi | 15.98 | 24.59 | 38.78 | 29.28 | 26.42 | 23.52 |
| Quick ratioi | 4.40 | 7.02 | 18.10 | 15.43 | 13.60 | 12.64 |
| Debt / assetsi | 22.70 | 18.28 | 12.60 | 14.69 | 15.26 | 16.73 |
| LT debt / equityi | 25.28 | 20.25 | 13.52 | 16.33 | 18.89 | 21.19 |
| Interest coveragei | -8.27 | -2.27 | -0.23 | -14.02 | -17.54 | -23.94 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Providing infrastructure and information services100.00%
Quote time 2026-10-08 08:23:36 · For reference only, not investment advice and not tailored to your situation.