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 | Q3 '23 | Q2 '23 | Q1 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q2 '21 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $77.8K | $235.5K | $700.3K | - | $612.6K | $660.0K | $568.8K | $300.5K | $96.3K | - |
| Cost of Revenue | - | $327.7K | - | - | $388.3K | $327.7K | $203.5K | $126.7K | $73.6K | - |
| Gross Profit | - | ($92.2K) | - | - | $224.4K | $332.3K | $365.3K | $197.8K | $88.0K | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | $2.40M | $1.95M | $1.64M | $1.20M | $709.0K | - |
| Total Operating Expenses | $242.5K | $2.25M | $2.51M | - | - | - | - | - | - | - |
| D&A | $72.1K | $71.9K | $71.8K | - | $52.5K | - | $88.0K | $10.2K | $6.7K | - |
| Operating Income | ($164.7K) | ($712.6K) | ($1.81M) | - | ($2.18M) | ($1.62M) | ($1.28M) | ($1.00M) | ($621.0K) | - |
| Interest Expense | - | - | $200.8K | - | - | - | $199.8K | $131.0K | $77.2K | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($10.76M) | ($3.54M) | ($5.57M) | - | ($2.69M) | ($2.56M) | ($1.06M) | ($978.2K) | ($1.27M) | - |
| EPS - Basic | ($0.00) | ($0.00) | ($0.00) | - | - | - | $0.00 | - | - | - |
| EPS - Diluted | ($0.00) | ($0.00) | ($0.00) | - | - | - | $0.00 | - | - | - |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q2 '21 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $264 | $126.3K | $16.9K | $39.6K | $9.2K | $273.9K | $111.8K | $74.8K | $61.6K | $46.7K |
| Accounts Receivable | $0 | - | - | $6.1K | - | - | $0 | - | - | - |
| Inventory | - | - | - | - | - | - | $0 | $2.0K | $1.4K | $7.3K |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $1.6K | $129.1K | $24.0K | $95.1K | $76.9K | $354.7K | $140.7K | $84.3K | $68.5K | $57.1K |
| Total Assets | $642.9K | $1.15M | $1.16M | $1.32M | $3.15M | $3.80M | $3.33M | $1.79M | $850.2K | $777.7K |
| Current Liabilities | $29.22M | $19.83M | $16.31M | $11.15M | $7.69M | $5.94M | $3.47M | $2.31M | $1.67M | $852.5K |
| Long-term Debt | $0 | - | - | $30.0K | $78.6K | $90.7K | $96.9K | $108.0K | $115.3K | $136.6K |
| Total Liabilities | $29.47M | $20.12M | $16.62M | $11.53M | $9.06M | $7.75M | $5.02M | $2.97M | $1.78M | $989.1K |
| Stockholders' Equity | ($28.83M) | ($18.97M) | ($15.47M) | ($10.20M) | ($5.91M) | ($3.95M) | ($1.69M) | ($1.18M) | ($931.4K) | ($211.4K) |
| Retained Earnings | ($40.34M) | ($29.58M) | ($26.04M) | ($20.47M) | ($15.51M) | ($12.82M) | ($10.26M) | ($6.56M) | ($5.58M) | ($3.82M) |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q2 '21 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($1.46M) | - | - | - | ($1.05M) | - | - | - |
| Investing Cash Flow | - | - | $15.5K | - | - | - | ($299.2K) | - | - | - |
| Financing Cash Flow | - | - | $1.43M | - | - | - | $1.33M | - | - | - |
| CapEx | - | - | $24.5K | - | - | - | $174.2K | - | - | - |
| Free Cash Flow | - | - | ($1.49M) | - | - | - | ($1.22M) | - | - | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q2 '21 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | -39.2% | - | - | 36.6% | 50.4% | 64.2% | 65.8% | 91.4% | - |
| Operating margin | -211.6% | -302.6% | -258.0% | - | -355.5% | -245.5% | -224.5% | -333.3% | -645.0% | - |
| EBITDA margin | -119.0% | -272.1% | -247.8% | - | -346.9% | - | -209.0% | -329.9% | -638.0% | - |
| Net margin | -13822.6% | -1503.4% | -795.3% | - | -439.6% | -387.4% | -186.6% | -325.5% | -1318.5% | - |
| Free cash flow margin | - | - | -212.6% | - | - | - | -214.5% | - | - | - |
| FCF / Net income | - | - | 0.27 | - | - | - | 1.15 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | 392.1% | 295.9% | 288.7% | 399.1% | 736.4% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1673.6% | -308.9% | -481.7% | - | -85.6% | -67.3% | -31.8% | -54.6% | -149.3% | - |
| Return on equity | 37.3% | 18.7% | 36.0% | - | 45.5% | 64.8% | 62.8% | 83.2% | 136.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.06 | 0.04 | 0.04 | 0.04 | 0.07 |
| Quick ratio | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.06 | 0.04 | 0.04 | 0.04 | 0.06 |
| Cash ratio | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.05 | 0.03 | 0.03 | 0.04 | 0.05 |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | - | - | -0.00 | -0.01 | -0.02 | -0.06 | -0.09 | -0.12 | -0.65 |
| Debt / Assets | 0.00 | - | - | 0.02 | 0.02 | 0.02 | 0.03 | 0.06 | 0.14 | 0.18 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | -9.0x | - | - | - | -6.4x | -7.6x | -8.0x | - |
| Equity multiplier | -0.02 | -0.06 | -0.07 | -0.13 | -0.53 | -0.96 | -1.97 | -1.53 | -0.91 | -3.68 |
| Liabilities / Assets | 45.84 | 17.55 | 14.38 | 8.71 | 2.88 | 2.04 | 1.51 | 1.66 | 2.10 | 1.27 |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | 0.21 | 0.61 | - | 0.19 | 0.17 | 0.17 | 0.17 | 0.11 | - |
| Inventory turnover | - | - | - | - | - | - | - | 62.74 | 50.93 | - |
| Days sales outstanding | 0d | - | - | - | - | - | 0d | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | 0d | 6d | 7d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -87.3% | -64.3% | - | - | 103.8% | 585.5% | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | 109.7% | 90.0% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | 13.4% | 277.6% | - | - | - | - |
| Operating income growth (YoY) | 92.4% | 56.0% | - | - | -117.4% | -161.0% | - | - | - | - |
| Net income growth (YoY) | -299.6% | -38.4% | - | - | -175.3% | -101.5% | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -387.4% | -380.7% | -51.6% | -504.2% | -403.2% | -323.7% | -699.1% | - | - | - |
Peer comparison
Same SIC group: Services-Membership Sports & Recreation Clubs
Comparing B2Digital against the 4 most active filers in the same SIC group.