What is Baiya International Group Inc's earnings per share (EPS)?

Baiya International Group Inc (BIYA) reported diluted earnings per share of $-5.04 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Baiya International Group Inc Financials

BIYA

Source SEC Filings (10-K/10-Q) Data as of Dec 31, 2025 Currency USD FYE December

This page shows Baiya International Group Inc (BIYA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BIYA FY2024 2026-04-22

Receivable collection and overhead cuts turned a thin-margin revenue base into near break-even operations with much stronger cash generation.

FY2024's cash rebound looks more like a working-capital release than a profit surge: operating cash flow reached $1.58M while net loss was only $60K. Because accounts receivable also fell from $3.69M to $1.65M, the business appears to have converted older billed sales into cash even though accounting earnings were still roughly flat.

The key earnings change was margin recovery, not simple scale: revenue still did not exceed FY2022, yet gross margin improved to 11.0% from 6.9% and lower overhead was enough to push operating income slightly above zero. That tells you a small gross-profit swing has an outsized effect because the company runs on a narrow cushion.

The balance sheet still looks thinly capitalized: the current ratio was only 1.0x, so short-term assets only narrowly covered short-term obligations. Equity was just $500K against $4.40M of liabilities. With only $117K of long-term debt, the pressure seems tied more to short-term funding and low equity support than to large permanent borrowings.

Financial Health Signals

Financial Health Score 36/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Baiya International Group Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

Dilution

R&D Intensity

Revenue Progress

Burn Trend

Balance Sheet

Altman Z-Score Distress

1.64

Baiya International Group Inc scores 1.64, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($14.4M) relative to total liabilities ($4.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

5/9

Baiya International Group Inc passes 5 of 9 financial strength tests. 1 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.78x

For every $1 of reported earnings, Baiya International Group Inc generates $0.78 in operating cash flow (-$7.4M OCF vs -$9.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-2859.3x

Baiya International Group Inc earns $-2859.3 in operating income for every $1 of interest expense (-$9.6M vs $3K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$16.5M

YoY+28.6%

Baiya International Group Inc generated $16.5M in revenue in fiscal year 2025. This represents an increase of 28.6% from the prior year.

EBITDA

-$9.6M

YoY-14876.4%

Baiya International Group Inc's EBITDA was -$9.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 14876.4% from the prior year.

Net Income

-$9.5M

YoY-108836.2%

Baiya International Group Inc reported -$9.5M in net income in fiscal year 2025. This represents a decrease of 108836.2% from the prior year.

EPS (Diluted)

$-5.04

Baiya International Group Inc earned $-5.04 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$7.4M

Baiya International Group Inc generated -$7.4M in free cash flow in fiscal year 2025, representing cash available after capex.

Cash & Debt

$689K

YoY-58.7%

Baiya International Group Inc held $689K in cash against $9K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

Baiya International Group Inc had 1M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

11.5%

YoY+0.6pp

Baiya International Group Inc's gross margin was 11.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the prior year.

Operating Margin

-58.1%

YoY-58.6pp

Baiya International Group Inc's operating margin was -58.1% in fiscal year 2025, reflecting core business profitability. This is down 58.6 percentage points from the prior year.

Net Margin

-57.9%

YoY-57.8pp

Baiya International Group Inc's net profit margin was -57.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 57.8 percentage points from the prior year.

Return on Equity

-41.5%

YoY-39.8pp

Baiya International Group Inc's ROE was -41.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 39.8 percentage points from the prior year.

Capital Allocation

R&D Spending

$227K

YoY-4.7%

Baiya International Group Inc invested $227K in research and development in fiscal year 2025. This represents a decrease of 4.7% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$6K

Baiya International Group Inc invested $6K in capex in fiscal year 2025, funding long-term assets and infrastructure.

BIYA Income Statement

Metric	FY25	FY24	FY23	FY22
Revenue	$16.5M+28.6%	$12.8M+10.7%	$11.6M-12.1%	$13.2M
Cost of Revenue	$14.6M+27.8%	$11.4M+5.8%	$10.8M-7.4%	$11.6M
Gross Profit	$1.9M+35.1%	$1.4M+75.4%	$802K-47.4%	$1.5M
R&D Expenses	$227K-4.7%	$238K-20.8%	$301K-37.3%	$479K
SG&A Expenses	$10.3M+1051.9%	$890K-18.6%	$1.1M-50.4%	$2.2M
Operating Income	-$9.6M-14978.7%	$64K+109.0%	-$719K+48.7%	-$1.4M
Interest Expense	-$3K-110.6%	$32K+31.1%	$24K-56.8%	$56K
Income Tax	$19K-33.2%	$29K-11.5%	$32K+37.6%	$23K
Net Income	-$9.5M-108836.2%	-$9K+99.1%	-$1.0M+19.5%	-$1.3M
EPS (Diluted)	$-5.04	$-0.02+99.2%	$-2.66-1946.2%	$-0.13

Metric	Q4'25	Q2'25	Q4'24	Q4'23
Revenue	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A

BIYA Balance Sheet

Metric	FY25	FY24	FY23	FY22
Total Assets	$27.8M+462.1%	$5.0M-35.0%	$7.6M	N/A
Current Assets	$26.4M+495.7%	$4.4M-41.2%	$7.5M	N/A
Cash & Equivalents	$689K-58.7%	$1.7M+5117.8%	$32K-98.7%	$2.4M
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	$1.7M+1.3%	$1.6M-55.4%	$3.7M	N/A
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$4.8M+8.2%	$4.4M-37.4%	$7.0M	N/A
Current Liabilities	$4.8M+9.2%	$4.4M-37.0%	$6.9M	N/A
Long-Term Debt	$9K-92.2%	$117K+33.8%	$88K	N/A
Total Equity	$23.0M+4488.6%	$500K-10.1%	$556K-67.3%	$1.7M
Retained Earnings	-$11.1M-659.7%	-$1.5M-4.6%	-$1.4M	N/A

Metric	Q4'25	Q2'25	Q4'24	Q4'23
Total Assets	$27.8M+2.2%	$27.2M+450.1%	$5.0M-35.0%	$7.6M
Current Assets	$26.4M-0.4%	$26.5M+498.0%	$4.4M-41.2%	$7.5M
Cash & Equivalents	$689K-24.3%	$910K-45.5%	$1.7M+5117.8%	$32K
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	$1.7M-18.0%	$2.0M+23.5%	$1.6M-55.4%	$3.7M
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$4.8M+0.3%	$4.7M+7.9%	$4.4M-37.4%	$7.0M
Current Liabilities	$4.8M+0.4%	$4.7M+8.7%	$4.4M-37.0%	$6.9M
Long-Term Debt	N/A	$29K-75.6%	$117K+33.8%	$88K
Total Equity	$23.0M+2.4%	$22.4M+4380.1%	$500K-10.1%	$556K
Retained Earnings	-$11.1M-78.1%	-$6.2M-326.6%	-$1.5M-4.6%	-$1.4M

BIYA Cash Flow Statement

Metric	FY25	FY24	FY23	FY22
Operating Cash Flow	-$7.4M-569.5%	$1.6M+187.9%	-$1.8M-542.9%	$407K
Capital Expenditures	$6K	N/A	N/A	N/A
Free Cash Flow	-$7.4M	N/A	N/A	N/A
Investing Cash Flow	-$17.2M	N/A	N/A	N/A
Financing Cash Flow	$25.0M+32387.0%	$77K+115.2%	-$508K-126.3%	$1.9M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q4'23
Operating Cash Flow	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

BIYA Financial Ratios

Metric	FY25	FY24	FY23	FY22
Gross Margin	11.5%+0.6pp	11.0%+4.1pp	6.9%-4.7pp	11.6%
Operating Margin	-58.1%-58.6pp	0.5%+6.7pp	-6.2%+4.4pp	-10.7%
Net Margin	-57.9%-57.8pp	-0.1%+8.7pp	-8.8%+0.8pp	-9.6%
Return on Equity	-41.5%-39.8pp	-1.8%+181.1pp	-182.8%-108.6pp	-74.2%
Return on Assets	-34.3%-34.1pp	-0.2%+13.2pp	-13.3%	N/A
Current Ratio	5.54+4.5	1.02-0.1	1.09	N/A
Debt-to-Equity	0.21-0.0	0.23+0.1	0.16	N/A
FCF Margin	-45.2%	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A
Current Ratio	5.54-0.0	5.58+4.6	1.02-0.1	1.09
Debt-to-Equity	0.21+0.2	0.00-0.2	0.23+0.1	0.16
FCF Margin	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Baiya International Group Inc's annual revenue?

Baiya International Group Inc (BIYA) reported $16.5M in total revenue for fiscal year 2025. This represents a 28.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Baiya International Group Inc's revenue growing?

Baiya International Group Inc (BIYA) revenue grew by 28.6% year-over-year, from $12.8M to $16.5M in fiscal year 2025.

Is Baiya International Group Inc profitable?

No, Baiya International Group Inc (BIYA) reported a net income of -$9.5M in fiscal year 2025, with a net profit margin of -57.9%.

What is Baiya International Group Inc's EBITDA?

Baiya International Group Inc (BIYA) had EBITDA of -$9.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Baiya International Group Inc have?

As of fiscal year 2025, Baiya International Group Inc (BIYA) had $689K in cash and equivalents against $9K in long-term debt.

What is Baiya International Group Inc's gross margin?

Baiya International Group Inc (BIYA) had a gross margin of 11.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Baiya International Group Inc's operating margin?

Baiya International Group Inc (BIYA) had an operating margin of -58.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Baiya International Group Inc's net profit margin?

Baiya International Group Inc (BIYA) had a net profit margin of -57.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Baiya International Group Inc's return on equity (ROE)?

Baiya International Group Inc (BIYA) has a return on equity of -41.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Baiya International Group Inc's free cash flow?

Baiya International Group Inc (BIYA) generated -$7.4M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Baiya International Group Inc's operating cash flow?

Baiya International Group Inc (BIYA) generated -$7.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Baiya International Group Inc's total assets?

Baiya International Group Inc (BIYA) had $27.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Baiya International Group Inc's capital expenditures?

Baiya International Group Inc (BIYA) invested $6K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Baiya International Group Inc spend on research and development?

Baiya International Group Inc (BIYA) invested $227K in research and development during fiscal year 2025.

How many shares does Baiya International Group Inc have outstanding?

Baiya International Group Inc (BIYA) had 1M shares outstanding as of fiscal year 2025.

What is Baiya International Group Inc's current ratio?

Baiya International Group Inc (BIYA) had a current ratio of 5.54 as of fiscal year 2025, which is generally considered healthy.

What is Baiya International Group Inc's debt-to-equity ratio?

Baiya International Group Inc (BIYA) had a debt-to-equity ratio of 0.21 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Baiya International Group Inc's return on assets (ROA)?

Baiya International Group Inc (BIYA) had a return on assets of -34.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Baiya International Group Inc's cash runway?

Based on fiscal year 2025 data, Baiya International Group Inc (BIYA) had $689K in cash against an annual operating cash burn of $7.4M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Baiya International Group Inc's Altman Z-Score?

Baiya International Group Inc (BIYA) has an Altman Z-Score of 1.64, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Baiya International Group Inc's Piotroski F-Score?

Baiya International Group Inc (BIYA) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Baiya International Group Inc's earnings high quality?

Baiya International Group Inc (BIYA) has an earnings quality ratio of 0.78x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Baiya International Group Inc cover its interest payments?

Baiya International Group Inc (BIYA) has an interest coverage ratio of -2859.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Baiya International Group Inc?

Baiya International Group Inc (BIYA) scores 36 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.