BTTR · Better Choice Co 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 | Q2 '26 | Q1 '26 | Q3 '25 | FY 2025 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | FY 2024 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.44M | $2.81M | $11.45M | - | $7.16M | - | $11.37M | $8.54M | - | $7.90M |
| Cost of Revenue | $2.16M | $1.75M | $8.03M | - | $4.78M | - | $6.85M | $5.29M | - | $5.29M |
| Gross Profit | $1.27M | $1.05M | $3.42M | - | $2.38M | - | $4.52M | $3.25M | - | $2.61M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $3.09M | $4.84M | $18.15M | - | $3.47M | - | $5.64M | $3.98M | - | $5.08M |
| Total Operating Expenses | $3.09M | $4.84M | $20.84M | - | $3.47M | - | $5.64M | $3.98M | - | $5.08M |
| D&A | $80.0K | $920.0K | $200.0K | $200.0K | $26.0K | - | $20.0K | $20.0K | $200.0K | $35.0K |
| Operating Income | ($1.82M) | ($3.79M) | ($17.42M) | - | ($1.09M) | - | ($1.13M) | ($724.0K) | - | ($2.47M) |
| Interest Expense | $1.78M | $1.29M | - | - | - | - | - | $180.0K | - | $362.0K |
| Income Tax | $2.0K | $4.0K | $138.0K | - | $2.0K | - | ($2.0K) | $3.0K | - | $2.0K |
| Net Income | ($6.38M) | ($8.61M) | ($15.13M) | - | ($964.0K) | - | $1.53M | $2.65M | - | ($2.83M) |
| EPS - Basic | ($0.02) | ($0.17) | ($0.74) | - | ($0.37) | - | $0.73 | $2.98 | - | ($3.60) |
| EPS - Diluted | ($0.02) | ($0.17) | ($0.74) | - | ($0.37) | - | $0.73 | $2.98 | - | ($3.60) |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | FY 2025 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | FY 2024 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $20.54M | $13.06M | $1.31M | - | $1.14M | $3.07M | $4.74M | $3.29M | - | $3.88M |
| Accounts Receivable | $3.81M | $3.06M | $9.28M | - | $4.77M | $5.37M | $5.73M | $4.33M | - | $4.34M |
| Inventory | $2.09M | $1.32M | $2.08M | - | $4.51M | $3.87M | $3.93M | $3.83M | - | $5.20M |
| Accounts Payable | $952.0K | $1.25M | $2.15M | - | $4.44M | $3.14M | $3.22M | $6.11M | - | $7.48M |
| Current Assets | $43.15M | $18.84M | $8.13M | - | $14.53M | $15.00M | $16.33M | $12.21M | - | $14.59M |
| Total Assets | $43.36M | $27.05M | $8.40M | - | $15.29M | $15.80M | $17.17M | $13.09M | - | $15.44M |
| Current Liabilities | $25.08M | $23.53M | $3.54M | - | $7.32M | $7.15M | $6.85M | $9.11M | - | $14.27M |
| Long-term Debt | $0 | - | $1.90M | - | $2.41M | $2.41M | - | - | - | $5.38M |
| Total Liabilities | $25.08M | $23.53M | $8.00M | - | $7.32M | $7.15M | $6.87M | $9.15M | - | $14.32M |
| Stockholders' Equity | $18.29M | $3.52M | $407.0K | - | $7.96M | $8.65M | $10.30M | $3.94M | - | $1.13M |
| Retained Earnings | ($37.92M) | ($31.54M) | ($22.93M) | - | ($322.47M) | ($321.51M) | ($319.99M) | ($321.52M) | - | ($324.17M) |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | FY 2025 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | FY 2024 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($2.92M) | - | - | $384.0K | - | - | - | - | ($1.01M) |
| Investing Cash Flow | - | $2.69M | - | - | ($1.13M) | - | - | - | - | ($3.0K) |
| Financing Cash Flow | - | ($3.55M) | - | - | ($1.19M) | - | - | - | - | $430.0K |
| CapEx | - | - | - | - | $7.0K | - | - | - | - | $3.0K |
| Free Cash Flow | - | - | - | - | $377.0K | - | - | - | - | ($1.01M) |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | FY 2025 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | FY 2024 | Q1 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.1% | 37.5% | 29.9% | - | 33.3% | - | 39.7% | 38.1% | - | 33.1% |
| Operating margin | -52.9% | -135.0% | -152.2% | - | -15.2% | - | -9.9% | -8.5% | - | -31.2% |
| EBITDA margin | -50.5% | -102.2% | -150.4% | - | -14.8% | - | -9.7% | -8.2% | - | -30.8% |
| Net margin | -185.5% | -306.9% | -132.2% | - | -13.5% | - | 13.4% | 31.1% | - | -35.8% |
| Free cash flow margin | - | - | - | - | 5.3% | - | - | - | - | -12.8% |
| FCF / Net income | - | - | - | - | -0.39 | - | - | - | - | 0.36 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 89.9% | 172.6% | 158.6% | - | 48.5% | - | 49.6% | 46.6% | - | 64.3% |
| Effective tax rate | - | - | - | - | - | - | -0.1% | 0.1% | - | - |
| Return on assets | -14.7% | -31.8% | -180.1% | - | -6.3% | - | 8.9% | 20.3% | - | -18.3% |
| Return on equity | -34.9% | -244.4% | -3718.2% | - | -12.1% | - | 14.8% | 67.4% | - | -251.3% |
| Return on invested capital | -7.9% | - | -595.8% | - | -8.3% | - | - | - | - | -29.9% |
| Liquidity | ||||||||||
| Current ratio | 1.72 | 0.80 | 2.29 | - | 1.99 | 2.10 | 2.38 | 1.34 | - | 1.02 |
| Quick ratio | 1.64 | 0.74 | 1.71 | - | 1.37 | 1.56 | 1.81 | 0.92 | - | 0.66 |
| Cash ratio | 0.82 | 0.56 | 0.37 | - | 0.16 | 0.43 | 0.69 | 0.36 | - | 0.27 |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | - | 4.68 | - | 0.30 | 0.28 | - | - | - | 4.78 |
| Debt / Assets | 0.00 | - | 0.23 | - | 0.16 | 0.15 | - | - | - | 0.35 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -1.0x | -2.9x | - | - | - | - | - | -4.0x | - | -6.8x |
| Equity multiplier | 2.37 | 7.68 | 20.64 | - | 1.92 | 1.83 | 1.67 | 3.32 | - | 13.72 |
| Liabilities / Assets | 0.58 | 0.87 | 0.95 | - | 0.48 | 0.45 | 0.40 | 0.70 | - | 0.93 |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | 0.10 | 1.36 | - | 0.47 | - | 0.66 | 0.65 | - | 0.51 |
| Inventory turnover | 1.04 | 1.33 | 3.86 | - | 1.06 | - | 1.74 | 1.38 | - | 1.02 |
| Days sales outstanding | 404d | 397d | 296d | - | 243d | - | 184d | 185d | - | 200d |
| Days inventory outstanding | 352d | 274d | 94d | - | 345d | - | 209d | 264d | - | 359d |
| Days payable outstanding | 161d | 260d | 98d | - | 339d | - | 171d | 422d | - | 516d |
| Cash conversion cycle | 595d | 412d | 293d | - | 249d | - | 222d | 27d | - | 43d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | -60.8% | 0.7% | - | -9.4% | - | -13.3% | -18.9% | - | -14.4% |
| Revenue CAGR (3y) | -31.1% | -32.8% | -1.2% | - | -25.1% | - | -4.8% | -8.1% | - | -10.0% |
| Revenue CAGR (5y) | -20.7% | -23.7% | 0.6% | - | -10.2% | - | 23.4% | 17.5% | - | - |
| Gross profit growth (YoY) | - | -55.8% | -24.3% | - | -8.8% | - | 1.8% | -9.3% | - | -19.3% |
| Operating income growth (YoY) | - | -248.3% | -1445.9% | - | 55.9% | - | 56.9% | 72.0% | - | 24.2% |
| Net income growth (YoY) | - | -793.6% | - | - | 65.9% | - | - | - | - | 18.8% |
| EPS growth (YoY) | - | 54.1% | - | - | 89.7% | - | - | - | - | -3172.7% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | 35.8% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | 32.0% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -55.8% | -96.0% | - | 607.3% | 190.4% | -31.7% | -75.7% | - | -94.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$39.36M totalHealth Solutions$39.36M · 100.0%
Geographic
$6.53M totalUS$5.50M · 84.3%
TW$833.0K · 12.7%
Other$196.0K · 3.0%
Peer comparison
Same SIC group: Beverages
Comparing Better Choice Co Inc. against the 5 most active filers in the same SIC group.