Bon Natural Life Ltd Financials

BON

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

This page shows Bon Natural Life Ltd (BON) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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

Financial Profile 31/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Bon Natural Life Ltd has an operating margin of -8.7%, meaning the company retains $-9 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 7.9% the prior year.

Growth

Bon Natural Life Ltd's revenue declined 21.7% year-over-year, from $23.8M to $18.7M. This contraction results in a growth score of 0/100.

Leverage

100

Bon Natural Life Ltd carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Bon Natural Life Ltd's current ratio of 1.74 indicates adequate short-term liquidity, earning a score of 50/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Bon Natural Life Ltd's free cash flow margin of 0.7% results in a low score of 4/100. Capital expenditures of $7K absorb a large share of operating cash flow.

Piotroski F-Score Weak

3/9

Bon Natural Life Ltd passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-0.07x

For every $1 of reported earnings, Bon Natural Life Ltd generates $-0.07 in operating cash flow ($141K OCF vs -$2.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-4.4x

Bon Natural Life Ltd earns $-4.4 in operating income for every $1 of interest expense (-$1.6M vs $366K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Revenue

$18.7M

YoY-21.7%

5Y CAGR+0.5%

Bon Natural Life Ltd generated $18.7M in revenue in fiscal year 2025. This represents a decrease of 21.7% from the prior year.

EBITDA

-$536K

YoY-118.0%

Bon Natural Life Ltd's EBITDA was -$536K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 118.0% from the prior year.

Free Cash Flow

$134K

YoY+101.7%

5Y CAGR-44.8%

Bon Natural Life Ltd generated $134K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 101.7% from the prior year.

Net Income

-$2.0M

YoY-601.0%

Bon Natural Life Ltd reported -$2.0M in net income in fiscal year 2025. This represents a decrease of 601.0% from the prior year.

EPS (Diluted)

$-0.72

YoY-117.4%

Bon Natural Life Ltd earned $-0.72 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 117.4% from the prior year.

Cash & Debt

$6.3M

YoY+7687.1%

5Y CAGR+159.6%

Bon Natural Life Ltd held $6.3M in cash against $843K in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

20.8%

YoY-9.1pp

5Y CAGR-7.8pp

Bon Natural Life Ltd's gross margin was 20.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 9.1 percentage points from the prior year.

Operating Margin

-8.7%

YoY-16.6pp

5Y CAGR-27.7pp

Bon Natural Life Ltd's operating margin was -8.7% in fiscal year 2025, reflecting core business profitability. This is down 16.6 percentage points from the prior year.

Net Margin

-10.7%

YoY-12.3pp

5Y CAGR-27.3pp

Bon Natural Life Ltd's net profit margin was -10.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 12.3 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$754K

YoY-53.5%

5Y CAGR+29.7%

Bon Natural Life Ltd invested $754K in research and development in fiscal year 2025. This represents a decrease of 53.5% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$7K

YoY-3.1%

5Y CAGR-26.5%

Bon Natural Life Ltd invested $7K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 3.1% from the prior year.

BON Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$18.7M-21.7%	$23.8M-19.2%	$29.5M-1.3%	$29.9M+17.3%	$25.5M+39.9%	$18.2M
Cost of Revenue	$14.8M-11.6%	$16.7M-19.1%	$20.7M+1.0%	$20.5M+11.4%	$18.4M+41.2%	$13.0M
Gross Profit	$3.9M-45.4%	$7.1M-19.6%	$8.8M-6.2%	$9.4M+32.5%	$7.1M+36.7%	$5.2M
R&D Expenses	$754K-53.5%	$1.6M+443.0%	$298K-29.7%	$425K+70.5%	$249K+21.3%	$205K
SG&A Expenses	$4.3M+28.9%	$3.3M+44.7%	$2.3M+6.0%	$2.2M+64.7%	$1.3M-3.2%	$1.4M
Operating Income	-$1.6M-186.6%	$1.9M-68.4%	$5.9M-10.0%	$6.6M+22.2%	$5.4M+55.7%	$3.5M
Interest Expense	$366K+20.7%	$303K+27.3%	$238K-46.7%	$447K+7.1%	$417K+26.8%	$329K
Income Tax	$339K-3.4%	$351K-65.0%	$1.0M-20.9%	$1.3M+54.3%	$821K+47.6%	$556K
Net Income	-$2.0M-601.0%	$398K-91.3%	$4.6M-26.3%	$6.2M+35.9%	$4.6M+51.7%	$3.0M
EPS (Diluted)	$-0.72-117.4%	$4.14-96.7%	$124.92+1581.3%	$7.43+992.6%	$0.68+17.2%	$0.58

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q1'22	Q3'21	Q2'21	Q3'20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BON Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$85.2M+37.9%	$61.8M+32.7%	$46.6M+25.0%	$37.3M+2.3%	$36.4M+44.5%	$25.2M
Current Assets	$45.8M+15.0%	$39.8M+64.5%	$24.2M+64.3%	$14.7M-11.1%	$16.5M+52.7%	$10.8M
Cash & Equivalents	$6.3M+7687.1%	$80K-28.6%	$113K-86.6%	$841K-55.8%	$1.9M+3485.0%	$53K
Inventory	$3.3M+110.2%	$1.6M+59.2%	$987K-42.7%	$1.7M+7.9%	$1.6M+57.1%	$1.0M
Accounts Receivable	$11.0M-6.5%	$11.8M+156.0%	$4.6M-32.2%	$6.8M+10.3%	$6.2M+6.6%	$5.8M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$27.2M+56.1%	$17.4M+64.7%	$10.6M+47.6%	$7.2M-27.5%	$9.9M-30.3%	$14.2M
Current Liabilities	$26.3M+60.0%	$16.4M+71.1%	$9.6M+44.6%	$6.6M-11.7%	$7.5M-35.6%	$11.7M
Long-Term Debt	$843K-13.1%	$970K+11.3%	$871K+359.1%	$190K-91.3%	$2.2M-12.4%	$2.5M
Total Equity	$57.6M+31.1%	$43.9M+23.7%	$35.5M+20.0%	$29.6M+13.7%	$26.0M+147.3%	$10.5M
Retained Earnings	$16.6M-11.3%	$18.7M+0.2%	$18.7M+27.4%	$14.7M+59.7%	$9.2M+81.2%	$5.1M

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q1'22	Q3'21	Q2'21	Q3'20
Total Assets	$85.2M+37.9%	$61.8M+32.7%	$46.6M+25.0%	$37.3M-5.4%	$39.4M+8.2%	$36.4M+24.1%	$29.3M+16.4%	$25.2M
Current Assets	$45.8M+15.0%	$39.8M+64.5%	$24.2M+64.3%	$14.7M-6.3%	$15.7M-5.1%	$16.5M+15.4%	$14.3M+32.3%	$10.8M
Cash & Equivalents	$6.3M+7687.1%	$80K-28.6%	$113K-86.6%	$841K-47.7%	$1.6M-15.5%	$1.9M+83.0%	$1.0M+1859.5%	$53K
Inventory	$3.3M+110.2%	$1.6M+59.2%	$987K-42.7%	$1.7M-19.7%	$2.1M+34.3%	$1.6M+10.4%	$1.4M+42.3%	$1.0M
Accounts Receivable	$11.0M-6.5%	$11.8M+156.0%	$4.6M-32.2%	$6.8M-10.0%	$7.5M+22.5%	$6.2M-30.6%	$8.9M+53.7%	$5.8M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$27.2M+56.1%	$17.4M+64.7%	$10.6M+47.6%	$7.2M-26.5%	$9.7M-1.4%	$9.9M-35.4%	$15.3M+7.9%	$14.2M
Current Liabilities	$26.3M+60.0%	$16.4M+71.1%	$9.6M+44.6%	$6.6M-22.2%	$8.5M+13.5%	$7.5M-41.7%	$12.9M+10.4%	$11.7M
Long-Term Debt	$843K-13.1%	$970K+11.3%	$871K+359.1%	$190K-82.4%	$1.1M-50.3%	$2.2M+3.2%	$2.1M-15.2%	$2.5M
Total Equity	$57.6M+31.1%	$43.9M+23.7%	$35.5M+20.0%	$29.6M+1.5%	$29.1M+12.0%	$26.0M+92.0%	$13.5M+28.8%	$10.5M
Retained Earnings	$16.6M-11.3%	$18.7M+0.2%	$18.7M+27.4%	$14.7M+25.0%	$11.7M+27.7%	$9.2M+24.5%	$7.4M+45.6%	$5.1M

BON Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$141K+101.8%	-$7.7M-1152.0%	-$617K-229.7%	-$187K-104.6%	$4.1M+53.3%	$2.6M
Capital Expenditures	$7K-3.1%	$7K-88.6%	$62K+123.5%	$28K-46.6%	$52K+62.7%	$32K
Free Cash Flow	$134K+101.7%	-$7.7M-1038.9%	-$679K-216.0%	-$215K-105.4%	$4.0M+53.2%	$2.6M
Investing Cash Flow	-$10.0M-63459.1%	-$16K+98.7%	-$1.2M+61.2%	-$3.1M+59.0%	-$7.4M-147.9%	-$3.0M
Financing Cash Flow	$15.5M+76.5%	$8.8M+657.9%	$1.2M-48.9%	$2.3M-57.7%	$5.4M+4658.3%	$112K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q1'22	Q3'21	Q2'21	Q3'20
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BON Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	20.8%-9.1pp	29.8%-0.1pp	29.9%-1.6pp	31.5%+3.6pp	27.9%-0.6pp	28.5%
Operating Margin	-8.7%-16.6pp	7.9%-12.3pp	20.1%-2.0pp	22.1%+0.9pp	21.2%+2.1pp	19.0%
Net Margin	-10.7%-12.3pp	1.7%-13.9pp	15.6%-5.3pp	20.9%+2.8pp	18.0%+1.4pp	16.6%
Return on Equity	N/A	0.9%-12.0pp	13.0%-8.1pp	21.1%+3.5pp	17.6%-11.1pp	28.8%
Return on Assets	-2.3%-3.0pp	0.6%-9.2pp	9.9%-6.9pp	16.7%+4.1pp	12.6%+0.6pp	12.0%
Current Ratio	1.74-0.7	2.42-0.1	2.52+0.3	2.21+0.0	2.20+1.3	0.93
Debt-to-Equity	0.010.0	0.020.0	0.02+0.0	0.01-0.1	0.08-0.2	0.24
FCF Margin	0.7%+33.1pp	-32.4%-30.1pp	-2.3%-1.6pp	-0.7%-16.4pp	15.7%+1.4pp	14.3%

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q1'22	Q3'21	Q2'21	Q3'20
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.74-0.7	2.42-0.1	2.52+0.3	2.21+0.4	1.84-0.4	2.20+1.1	1.11+0.2	0.93
Debt-to-Equity	0.010.0	0.020.0	0.02+0.0	0.01-0.0	0.04-0.0	0.08-0.1	0.16-0.1	0.24
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Similar Companies

Cn Energy Group Inc CNEY

$5.6M

Bolt Projects Holdings Inc BSLK

$2.5M

Bionexus Gene La BGLC

$5.1M

Senestech Inc SNES

$10.4M

Northern Techn NTIC

$85.7M

Frequently Asked Questions

What is Bon Natural Life Ltd's annual revenue?

Bon Natural Life Ltd (BON) reported $18.7M in total revenue for fiscal year 2025. This represents a -21.7% 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 Bon Natural Life Ltd's revenue growing?

Bon Natural Life Ltd (BON) revenue declined by 21.7% year-over-year, from $23.8M to $18.7M in fiscal year 2025.

Is Bon Natural Life Ltd profitable?

No, Bon Natural Life Ltd (BON) reported a net income of -$2.0M in fiscal year 2025, with a net profit margin of -10.7%.

What is Bon Natural Life Ltd's earnings per share (EPS)?

Bon Natural Life Ltd (BON) reported diluted earnings per share of $-0.72 for fiscal year 2025. This represents a -117.4% 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 Bon Natural Life Ltd's EBITDA?

Bon Natural Life Ltd (BON) had EBITDA of -$536K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Bon Natural Life Ltd have?

As of fiscal year 2025, Bon Natural Life Ltd (BON) had $6.3M in cash and equivalents against $843K in long-term debt.

What is Bon Natural Life Ltd's gross margin?

Bon Natural Life Ltd (BON) had a gross margin of 20.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Bon Natural Life Ltd's operating margin?

Bon Natural Life Ltd (BON) had an operating margin of -8.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Bon Natural Life Ltd's net profit margin?

Bon Natural Life Ltd (BON) had a net profit margin of -10.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Bon Natural Life Ltd's free cash flow?

Bon Natural Life Ltd (BON) generated $134K in free cash flow during fiscal year 2025. This represents a 101.7% 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 Bon Natural Life Ltd's operating cash flow?

Bon Natural Life Ltd (BON) generated $141K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Bon Natural Life Ltd's total assets?

Bon Natural Life Ltd (BON) had $85.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Bon Natural Life Ltd's capital expenditures?

Bon Natural Life Ltd (BON) invested $7K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Bon Natural Life Ltd spend on research and development?

Bon Natural Life Ltd (BON) invested $754K in research and development during fiscal year 2025.

What is Bon Natural Life Ltd's current ratio?

Bon Natural Life Ltd (BON) had a current ratio of 1.74 as of fiscal year 2025, which is generally considered healthy.

What is Bon Natural Life Ltd's debt-to-equity ratio?

Bon Natural Life Ltd (BON) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Bon Natural Life Ltd's return on assets (ROA)?

Bon Natural Life Ltd (BON) had a return on assets of -2.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Bon Natural Life Ltd's Piotroski F-Score?

Bon Natural Life Ltd (BON) has a Piotroski F-Score of 3 out of 9, indicating weak 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 Bon Natural Life Ltd's earnings high quality?

Bon Natural Life Ltd (BON) has an earnings quality ratio of -0.07x, 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.

Can Bon Natural Life Ltd cover its interest payments?

Bon Natural Life Ltd (BON) has an interest coverage ratio of -4.4x, 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 Bon Natural Life Ltd?

Bon Natural Life Ltd (BON) scores 31 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.