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Financial statements

BONK, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 8 fiscal years, taken from the XBRL data BONK, INC. 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

FY2020FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Revenue0.011.072.880.120.20.72.12
Cost of revenue0.020.622.340.330.283.152.69
Gross profit0.010.440.54-0.2-0.07-2.451.24
Research and development0.311.081.640.10.10.02
General and administrative0.915.5817.311.612.539.635.7
Operating expenses6.6227.614.112.539.6
Interest expense0.010.121.740.060.050.03
Interest income00.0100.060.060.09
Other non-operating income-0.11-1.03-1.28-2.22-6.35-28.7
Income from continuing operations-15.6-14.8-48.4-68.2
Net income-0.93-0.93-6.29-28.1-15.2-15.1-49.4-68.2
EPS, basic-5.24-30.02-59.00-24.09-17.11-31.77-17.02
EPS, diluted-5.24-30.02-59.00-24.09-17.11-31.77-17.02
Shares, basic (weighted)0.180.210.480.630.881.564.01
Shares, diluted (weighted)0.180.210.480.630.881.564.01

Balance sheet

FY2020FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.530.534.2611.81.483.830.352.28
Short-term investments2.912.920.840.050.05
Receivables0.70.030.010.280.09
Inventory0.140.230.30.150.80.230.95
Other current assets0.030.220.620.120.090.921.84
Total current assets0.754.9616.36.757.692.586.04
Property, plant and equipment0.040.110.050.030.090.07
Lease right-of-use assets0.050.840.80.640.30.30.02
Goodwill0.940.9400014.1
Intangible assets0.560.360.294.514.361.29
Other non-current assets2.06
Total assets0.756.5318.98.6912.77.3441
Accounts payable0.010.691.241.551.492.222.48
Accrued liabilities0.010.110.160.040.060.23
Total current liabilities0.342.131.574.513.599.45.98
Lease liabilities0.030.010.70.520.110.11
Total liabilities0.372.132.275.033.899.515.98
Paid-in capital1.0311.751.753.873.7111216
Retained earnings-0.99-7.27-35.4-50.6-65.7-115-183
Shareholders' equity0.380.384.3916.63.678.82-2.1735
Total equity0.380.384.3916.63.678.82-2.1735
Total liabilities and equity0.756.5318.98.6912.77.3441
Shares outstanding6.890.310.690.641.311.797.75

Cash flow statement

FY2020FY2020FY2020FY2021FY2022FY2023FY2024FY2025
Net income-0.93-0.93-6.29-28.1-15.2-15.1-49.4-68.2
Depreciation and amortization0.160.190.020.210.430.65
Stock-based compensation0.362.49.393.241.125.129.75
Change in receivables0-0.1-0.4-0.020.37-0.370.36
Change in inventory0.140.04-0.080.1-0.610.56-0.19
Change in payables000.550.84-0.260.731.52
Cash from operations-0.69-2.73-7.57-6.4-10.7-18.1-25.3
Capital expenditures-0.04-0.09-0.01-0.11-0.09
Acquisitions-0.25
Purchases of investments-0.55-0.74
Sales and maturities of investments0.870.42
Cash from investing-0.25-13.1-2.47-0.33-05.82
Debt issued0.280.2
Debt repaid-0.5-3.15-0.19-0.16
Stock issued0.0820.4
Share buybacks-2.88
Cash from financing1.066.7128.2-0.912.815.621.4
Net change in cash0.373.737.49-9.752.36-3.481.93
Free cash flow-2.78-7.66-6.41-10.8-18.2

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.53 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin143.4%Gross profit / revenue.
Net margin-2,330.0%Net income / revenue.
Return on equity (ROE)-305.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-266.3%Net income / average total assets.
R&D / revenue0.2%Research and development expense / revenue.
D&A / revenue22.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y201.6%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y159.9%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y14.7%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit CAGR, 5y22.9%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value CAGR, 3y112.1%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y51.4%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y458.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y67.7%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y44.4%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y157.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y84.9%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y80.4%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.05xCurrent assets / current liabilities.
Quick ratio0.06x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.05x(Cash + short-term investments) / current liabilities.
Liabilities / assets12.9%Total liabilities / total assets.
Working capital$203.0KCurrent assets - current liabilities.
Goodwill and intangibles / assets48.6%(Goodwill + intangible assets) / total assets.
Tangible book value$12.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.11xRevenue / average total assets.
Fixed asset turnover84.9xRevenue / average property, plant and equipment.
Inventory turnover7.28xCost of revenue / average inventory.
Days inventory50 days365 x average inventory / cost of revenue.
Receivables turnover85.9xRevenue / average receivables.
Days sales outstanding4 days365 x average receivables / revenue.
Days payables182 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-128 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$10.49Net 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.
Revenue per share$0.45Revenue / diluted weighted shares.
Book value per share$3.44Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.52Tangible book value / shares outstanding.
Cash per share$0.03(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$12.2MShare price x shares outstanding.
Enterprise value$12.0MMarket cap + total debt - cash - short-term investments.
P/S3.39xMarket cap / revenue.
P/B0.44xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.01xMarket cap / tangible book value, when positive.
EV/Sales3.33xEnterprise value / revenue.
Earnings yield-687.2%Net income / market cap (the inverse of P/E).
What was BONK, INC.'s revenue in fiscal 2025?

BONK, INC. reported revenue of $2.1M for fiscal 2025, 201.6% higher than the year before.

Was BONK, INC. profitable in fiscal 2025?

No. It reported a net loss of $68.2M.

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.

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