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BNB Plus (BNBX) Q4 FY25 earnings results (fourth quarter fiscal 2025)

10-K filed Dec 22, 2025

BNB Plus (BNBX) reported revenue of $199K for the fourth quarter fiscal 2025 (Q4 FY25), -59% from a year earlier and -34% from the quarter before.

Revenue$199K
Year over year-59%
Quarter over quarter-34%
Operating margin—
Net earnings−$5.4M

BNB Plus, Q4 FY25: revenue $199K (-59% year over year), net loss $5.4M, operating cash flow −$3.1M. The chart follows the revenue to costs, profit and cash.

Q4 FY25AmountQ/QY/Y
Revenue$199K-34%-59%
Operating profit−$6.0M——
Net earnings−$5.4M——
Operating cash flow−$3.1M——

What changed

Revenue was $199K in Q4 FY25, down 59% year over year and down 34% from the previous quarter. Product revenues was the largest line at 92% of revenue.

Operating costs exceeded revenue by $6.0M, an operating margin of -3007.1%. The fastest-growing cost line was Research & development (+307%). The quarter ended with a net loss of $5.4M, wider than the previous quarter's $4.0M loss. Minority interests bore $89K of it: to shareholders the quarter was a loss of $5.3M.

Operating cash flow was −$3.1M. Non-cash charges added back $129K of depreciation and amortization and $22K of share-based compensation. Working capital and other items added $2.1M.

Questions

What was BNB Plus' revenue in the fourth quarter fiscal 2025?

BNB Plus (BNBX) reported revenue of $199K for the fourth quarter fiscal 2025 (Q4 FY25), -59% from a year earlier and -34% from the quarter before.

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Source: BNB Plus 10-K on SEC EDGAR.