Blue Foundry Ban Financials

BLFY

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Blue Foundry Ban (BLFY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).

Financial Health Signals

Piotroski F-Score Neutral

4/9

Blue Foundry Ban passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-0.43x

For every $1 of reported earnings, Blue Foundry Ban generates $-0.43 in operating cash flow ($5.1M OCF vs -$11.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

$85.5M

YoY+8.0%

Blue Foundry Ban generated $85.5M in revenue in fiscal year 2024. This represents an increase of 8.0% from the prior year.

EBITDA

N/A

Free Cash Flow

$4.9M

YoY+127.8%

Blue Foundry Ban generated $4.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 127.8% from the prior year.

Net Income

-$11.9M

YoY-61.0%

Blue Foundry Ban reported -$11.9M in net income in fiscal year 2024. This represents a decrease of 61.0% from the prior year.

EPS (Diluted)

$-0.55

YoY-77.4%

Blue Foundry Ban earned $-0.55 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 77.4% from the prior year.

Cash & Debt

$42.5M

YoY-7.7%

Blue Foundry Ban held $42.5M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

23M

YoY-8.1%

Blue Foundry Ban had 23M shares outstanding in fiscal year 2024. This represents a decrease of 8.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-13.9%

YoY-4.6pp

Blue Foundry Ban's net profit margin was -13.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 4.6 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$19.4M

YoY-46.1%

Blue Foundry Ban spent $19.4M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 46.1% from the prior year.

Capital Expenditures

$140K

YoY-97.5%

Blue Foundry Ban invested $140K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 97.5% from the prior year.

BLFY Income Statement

Metric	FY24	FY23	FY22	FY21	FY20
Revenue	$85.5M+8.0%	$79.1M+26.7%	$62.4M+11.3%	$56.1M-9.0%	$61.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	$47.9M+28.8%	$37.2M+251.8%	$10.6M-19.3%	$13.1M-41.9%	$22.6M
Income Tax	$0	$0-100.0%	$338K-96.5%	$9.6M+222.3%	-$7.9M
Net Income	-$11.9M-61.0%	-$7.4M-408.7%	$2.4M+106.6%	-$36.3M-15.3%	-$31.5M
EPS (Diluted)	$-0.55-77.4%	$-0.31-444.4%	$0.09+103.0%	$-2.99	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$24.1M+3.0%	$23.4M+3.2%	$22.7M+4.3%	$21.8M+2.3%	$21.3M+2.2%	$20.8M+2.5%	$20.3M+0.8%	$20.2M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$11.9M+1.2%	$11.8M-1.4%	$12.0M-2.8%	$12.3M+5.1%	$11.7M+2.6%	$11.4M+2.6%	$11.1M+8.2%	$10.3M
Income Tax	$0	$0	$0	$0	$0	$0	$0	$0
Net Income	-$1.9M+4.5%	-$2.0M+27.3%	-$2.7M-0.2%	-$2.7M-14.6%	-$2.3M+17.4%	-$2.8M+3.1%	-$2.9M-104.7%	-$1.4M
EPS (Diluted)	$-0.100.0%	$-0.10+23.1%	$-0.13-8.3%	$-0.12-9.1%	$-0.11+15.4%	$-0.13-8.3%	$-0.12-100.0%	$-0.06

BLFY Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20
Total Assets	$2.1B+0.8%	$2.0B+0.1%	$2.0B+6.7%	$1.9B-1.5%	$1.9B
Current Assets	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$42.5M-7.7%	$46.0M+11.8%	$41.2M-78.7%	$193.4M-38.9%	$316.4M
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.7B+2.3%	$1.7B+2.4%	$1.6B+11.1%	$1.5B-14.5%	$1.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	$332.2M-6.6%	$355.6M-9.7%	$393.7M-8.3%	$429.5M+108.9%	$205.6M
Retained Earnings	$152.4M-7.2%	$164.3M-4.3%	$171.8M+1.4%	$169.5M-17.7%	$205.8M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$2.2B+1.3%	$2.1B+1.7%	$2.1B+1.5%	$2.1B+0.7%	$2.0B+0.9%	$2.0B-0.8%	$2.0B-0.8%	$2.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$44.1M+5.3%	$41.9M-9.4%	$46.2M+8.7%	$42.5M-29.5%	$60.3M+12.1%	$53.8M+16.8%	$46.0M-12.2%	$52.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.8B+1.9%	$1.8B+2.3%	$1.8B+2.1%	$1.7B+1.7%	$1.7B+1.3%	$1.7B-0.7%	$1.7B-0.7%	$1.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$314.4M-2.1%	$321.3M-1.6%	$326.7M-1.7%	$332.2M-3.9%	$345.6M-1.3%	$350.2M-1.5%	$355.6M-1.0%	$359.1M
Retained Earnings	$145.9M-1.3%	$147.8M-1.3%	$149.7M-1.8%	$152.4M-4.2%	$159.2M-1.5%	$161.5M-1.7%	$164.3M-1.8%	$167.3M

BLFY Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$5.1M+141.8%	-$12.1M-536.1%	$2.8M+119.7%	-$14.1M-1029.6%	-$1.3M
Capital Expenditures	$140K-97.5%	$5.6M+3.9%	$5.4M-54.9%	$11.9M+63.2%	$7.3M
Free Cash Flow	$4.9M+127.8%	-$17.7M-584.3%	-$2.6M+90.1%	-$26.0M-204.8%	-$8.5M
Investing Cash Flow	-$30.0M-391.3%	$10.3M+103.4%	-$306.2M-190.7%	-$105.3M-203.9%	$101.4M
Financing Cash Flow	$21.4M+221.6%	$6.7M-95.6%	$151.2M+4391.6%	-$3.5M-103.8%	$92.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$19.4M-46.1%	$36.0M+134.6%	$15.3M	$0	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	-$255K-112.7%	$2.0M+152.9%	-$3.8M-640.8%	-$512K-103.6%	$14.1M+390.9%	-$4.9M+32.6%	-$7.2M-1028.5%	$776K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$9K-99.3%	$1.2M-0.8%	$1.3M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	-$4.9M+42.4%	-$8.4M-1674.6%	-$476K
Investing Cash Flow	-$24.9M+39.1%	-$40.8M-53.6%	-$26.6M+38.4%	-$43.1M-75.0%	-$24.6M-193.7%	$26.3M+29.9%	$20.2M+0.7%	$20.1M
Financing Cash Flow	$27.3M-20.8%	$34.5M+1.2%	$34.1M+239.8%	$10.0M-41.1%	$17.0M+224.2%	-$13.7M+29.4%	-$19.4M-36.4%	-$14.2M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$7.6M+94.6%	$3.9M-16.8%	$4.7M-6.9%	$5.1M+46.9%	$3.4M-36.5%	$5.4M-1.8%	$5.5M+95.2%	$2.8M

BLFY Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	-13.9%-4.6pp	-9.3%-13.2pp	3.8%+68.7pp	-64.8%-13.7pp	-51.1%
Return on Equity	N/A	N/A	0.6%	N/A	N/A
Return on Assets	-0.6%-0.2pp	-0.4%-0.5pp	0.1%+2.0pp	-1.9%-0.3pp	-1.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.20+0.5	4.75+0.6	4.19+0.7	3.46-5.0	8.45
FCF Margin	5.8%+28.1pp	-22.4%-18.2pp	-4.1%+42.3pp	-46.5%-32.6pp	-13.9%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-7.7%+0.6pp	-8.3%+3.5pp	-11.8%+0.5pp	-12.3%-1.3pp	-11.0%+2.6pp	-13.6%+0.8pp	-14.4%-7.3pp	-7.1%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-0.1%0.0pp	-0.1%+0.0pp	-0.1%0.0pp	-0.1%-0.0pp	-0.1%+0.0pp	-0.1%0.0pp	-0.1%-0.1pp	-0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.86+0.2	5.62+0.2	5.40+0.2	5.20+0.3	4.92+0.1	4.79+0.0	4.75+0.0	4.74
FCF Margin	N/A	N/A	N/A	N/A	N/A	-23.3%+18.2pp	-41.5%-39.2pp	-2.4%

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Frequently Asked Questions

What is Blue Foundry Ban's annual revenue?

Blue Foundry Ban (BLFY) reported $85.5M in total revenue for fiscal year 2024. This represents a 8.0% 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 Blue Foundry Ban's revenue growing?

Blue Foundry Ban (BLFY) revenue grew by 8% year-over-year, from $79.1M to $85.5M in fiscal year 2024.

Is Blue Foundry Ban profitable?

No, Blue Foundry Ban (BLFY) reported a net income of -$11.9M in fiscal year 2024, with a net profit margin of -13.9%.

What is Blue Foundry Ban's earnings per share (EPS)?

Blue Foundry Ban (BLFY) reported diluted earnings per share of $-0.55 for fiscal year 2024. This represents a -77.4% change compared to the previous fiscal year. 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.

What is Blue Foundry Ban's net profit margin?

Blue Foundry Ban (BLFY) had a net profit margin of -13.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Blue Foundry Ban's free cash flow?

Blue Foundry Ban (BLFY) generated $4.9M in free cash flow during fiscal year 2024. This represents a 127.8% change compared to the previous fiscal year. 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 Blue Foundry Ban's operating cash flow?

Blue Foundry Ban (BLFY) generated $5.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Blue Foundry Ban's total assets?

Blue Foundry Ban (BLFY) had $2.1B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Blue Foundry Ban's capital expenditures?

Blue Foundry Ban (BLFY) invested $140K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Blue Foundry Ban buy back shares?

Yes, Blue Foundry Ban (BLFY) spent $19.4M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Blue Foundry Ban have outstanding?

Blue Foundry Ban (BLFY) had 23M shares outstanding as of fiscal year 2024.

What is Blue Foundry Ban's debt-to-equity ratio?

Blue Foundry Ban (BLFY) had a debt-to-equity ratio of 5.20 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Blue Foundry Ban's return on assets (ROA)?

Blue Foundry Ban (BLFY) had a return on assets of -0.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Blue Foundry Ban's Piotroski F-Score?

Blue Foundry Ban (BLFY) has a Piotroski F-Score of 4 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Blue Foundry Ban's earnings high quality?

Blue Foundry Ban (BLFY) has an earnings quality ratio of -0.43x, considered mixed quality. 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.