BTDG · B2digital, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Revenue | $2.50M | $951.3K | $596.7K |
| Cost of Revenue | - | $307.6K | $351.0K |
| Gross Profit | - | $643.7K | $245.8K |
| R&D | - | - | - |
| SG&A | - | $3.44M | $1.53M |
| Total Operating Expenses | $3.75M | - | - |
| D&A | $186.1K | $186.1K | $62.7K |
| Operating Income | ($8.51M) | ($2.80M) | ($1.28M) |
| Interest Expense | $375.3K | $514.4K | $76.0K |
| Income Tax | - | $0 | $0 |
| Net Income | ($11.28M) | ($5.38M) | ($1.34M) |
| EPS - Basic | ($0.01) | ($0.00) | - |
| EPS - Diluted | ($0.01) | ($0.00) | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Cash & Equivalents | $39.6K | $122.2K | $46.7K |
| Accounts Receivable | $0 | - | - |
| Inventory | - | $0 | $0 |
| Accounts Payable | - | - | - |
| Current Assets | $95.1K | $132.9K | $57.1K |
| Total Assets | $1.32M | $2.91M | $777.7K |
| Current Liabilities | $11.15M | $3.02M | $852.5K |
| Long-term Debt | $30.0K | $105.9K | $136.6K |
| Total Liabilities | $11.53M | $4.45M | $989.1K |
| Stockholders' Equity | ($10.20M) | ($1.53M) | ($211.4K) |
| Retained Earnings | ($20.47M) | ($9.20M) | ($3.82M) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Operating Cash Flow | ($6.52M) | ($2.05M) | ($565.8K) |
| Investing Cash Flow | ($757.2K) | ($715.7K) | ($300.8K) |
| Financing Cash Flow | $7.19M | $2.84M | $885.8K |
| CapEx | $592.2K | $500.7K | $84.7K |
| Free Cash Flow | ($7.11M) | ($2.55M) | ($650.5K) |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Profitability | |||
| Gross margin | - | 67.7% | 41.2% |
| Operating margin | -340.2% | -294.2% | -214.6% |
| EBITDA margin | -332.7% | -274.6% | -204.1% |
| Net margin | -450.7% | -565.6% | -224.1% |
| Free cash flow margin | -284.2% | -268.4% | -109.0% |
| FCF / Net income | 0.63 | 0.47 | 0.49 |
| R&D / Revenue | - | - | - |
| SG&A / Revenue | - | 361.8% | 255.8% |
| Effective tax rate | - | - | - |
| Return on assets | -851.6% | -184.6% | -172.0% |
| Return on equity | 110.5% | 350.9% | 632.7% |
| Return on invested capital | - | - | - |
| Liquidity | |||
| Current ratio | 0.01 | 0.04 | 0.07 |
| Quick ratio | 0.01 | 0.04 | 0.07 |
| Cash ratio | 0.00 | 0.04 | 0.05 |
| Leverage | |||
| Debt / Equity | -0.00 | -0.07 | -0.65 |
| Debt / Assets | 0.02 | 0.04 | 0.18 |
| Debt / EBITDA | - | - | - |
| Interest coverage | -22.7x | -5.4x | -16.8x |
| Equity multiplier | -0.13 | -1.90 | -3.68 |
| Liabilities / Assets | 8.71 | 1.53 | 1.27 |
| Efficiency | |||
| Asset turnover | 1.89 | 0.33 | 0.77 |
| Inventory turnover | - | - | - |
| Days sales outstanding | 0d | - | - |
| Days inventory outstanding | - | 0d | 0d |
| Days payable outstanding | - | - | - |
| Cash conversion cycle | - | - | - |
| Valuation | |||
| P / E | - | - | - |
| P / B | - | - | - |
| P / S | - | - | - |
| EV / EBITDA | - | - | - |
| Growth | |||
| Revenue growth (YoY) | 163.0% | 59.4% | - |
| Revenue CAGR (3y) | - | - | - |
| Revenue CAGR (5y) | - | - | - |
| Gross profit growth (YoY) | - | 161.9% | - |
| Operating income growth (YoY) | -204.2% | -118.6% | - |
| Net income growth (YoY) | -109.6% | -302.3% | - |
| EPS growth (YoY) | -166.7% | - | - |
| EPS CAGR (3y) | - | - | - |
| EPS CAGR (5y) | - | - | - |
| FCF growth (YoY) | -178.5% | -292.4% | - |
| FCF CAGR (5y) | - | - | - |
| Book value growth (YoY) | -565.5% | -625.4% | - |
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
-37.54
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2022 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- -No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Membership Sports & Recreation Clubs
Comparing B2Digital against the 4 most active filers in the same SIC group.