Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Blue Gold Ltd files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2025
FY2025
General and administrative
2.11
11.9
Operating expenses
11.1
16.4
Operating income
16.4
Interest expense
0.44
-0.26
Other non-operating income
-0.51
-5.49
Pre-tax income
11.6
21.9
Net income
-11.6
-21.9
EBITDA
16.5
EPS, basic
-1.27
-1.56
EPS, diluted
-1.27
-1.56
Shares, basic (weighted)
9.22
14.1
Shares, diluted (weighted)
9.22
14.1
Balance sheet
FY2025
FY2025
Cash and equivalents
0.17
0.68
Other current assets
0.26
1.7
Total current assets
0.43
2.92
Property, plant and equipment
2.91
2.86
Intangible assets
0.09
Total assets
33.4
38
Accounts payable
1.85
8.16
Total current liabilities
8.01
15.2
Total liabilities
41.7
58.1
Paid-in capital
3.72
16
Retained earnings
-12
-33.9
Other comprehensive income
-0.04
0.16
Shareholders' equity
-8.3
-20.2
Total equity
-8.3
-20.2
Total liabilities and equity
33.4
38
Cash flow statement
FY2025
FY2025
Net income
-11.6
-21.9
Depreciation and amortization
0.04
0.05
Stock-based compensation
1.16
Cash from operations
-6.23
-10.6
Capital expenditures
-0.36
-0
Cash from investing
-0.36
-0.1
Debt issued
0.65
Stock issued
3.63
5.23
Cash from financing
6.75
11.2
Net change in cash
0.17
0.51
Free cash flow
-6.59
-10.6
Interest paid
0.04
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.20 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-61.4%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
13.5%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
52.5%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.19x
Current assets / current liabilities.
Quick ratio
0.04x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.04x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-$1.56
Net income per basic share, as reported (split-adjusted).
FCF per share
-$0.75
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.75
Cash from operations / diluted weighted shares.
Book value per share
-$1.43
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
EV/EBIT
0.46x
Enterprise value / operating income, when both are positive.
EV/EBITDA
0.46x
Enterprise value / EBITDA, when both are positive.
FCF yield
-128.1%
Free cash flow / market cap.
Earnings yield
-265.6%
Net income / market cap (the inverse of P/E).
Was Blue Gold Ltd profitable in fiscal 2025?
No. It reported a net loss of $21.9M.
How much free cash flow did Blue Gold Ltd generate in fiscal 2025?
Cash from operations of $10.6M minus capital expenditures of $2.8K left free cash flow of -$10.6M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.