Filing Flows › BNB Plus (BNBX) › Q3 FY25
BNB Plus (BNBX) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 14, 2025
BNB Plus (BNBX) reported revenue of $304K for the third quarter fiscal 2025 (Q3 FY25), -36% from a year earlier and -69% from the quarter before.
BNB Plus, Q3 FY25: revenue $304K (-36% year over year), net loss $4.0M, operating cash flow −$2.6M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $304K | -69% | -36% |
| Operating profit | −$3.7M | — | — |
| Net earnings | −$4.0M | — | — |
| Operating cash flow | −$2.6M | — | — |
What changed
Revenue was $304K in Q3 FY25, down 36% year over year and down 69% from the previous quarter. Large Scale DNA Production was the largest line at 53% of revenue. Supply chain lost $103K year over year (down 53%), 61% of the total change.
Gross margin was 1.7%, down 49.6 points from a year earlier. Operating costs exceeded revenue by $3.7M, an operating margin of -1213.6%. Operating expenses grew 4% against a revenue fall of 36%. The fastest-growing cost line was SG&A (+11%). The quarter ended with a net loss of $4.0M, wider than the previous quarter's $3.3M loss. Minority interests bore $39K of it: to shareholders the quarter was a loss of $3.9M.
Operating cash flow was −$2.6M. Non-cash charges added back $78K of depreciation and amortization and $25K of share-based compensation. Working capital and other items added $1.3M. Capital expenditures of $11K exceeded it, leaving free cash flow of −$2.6M.
Questions
What was BNB Plus' revenue in the third quarter fiscal 2025?
BNB Plus (BNBX) reported revenue of $304K for the third quarter fiscal 2025 (Q3 FY25), -36% from a year earlier and -69% from the quarter before.
Source: BNB Plus 10-Q on SEC EDGAR.