Big Sky Industrial Inc Financials
This page shows Big Sky Industrial Inc (BSIN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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
We are recalculating Big Sky Industrial Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Big Sky Industrial Inc scores -6.29, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($58.1M) relative to total liabilities ($16.4M). 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.
Big Sky Industrial Inc passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Big Sky Industrial Inc generates $0.50 in operating cash flow (-$7.1M OCF vs -$14.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Big Sky Industrial Inc earns $-69.0 in operating income for every $1 of interest expense (-$14.4M vs $208K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Big Sky Industrial Inc generated $7.4M in revenue in fiscal year 2025. This represents a decrease of 64.3% from the prior year.
Big Sky Industrial Inc's EBITDA was -$10.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 38.3% from the prior year.
Big Sky Industrial Inc reported -$14.4M in net income in fiscal year 2025. This represents an increase of 44.1% from the prior year.
Big Sky Industrial Inc earned $-0.43 per diluted share (EPS) in fiscal year 2025. This represents an increase of 55.2% from the prior year.
Cash & Balance Sheet
Big Sky Industrial Inc held $429K in cash against $0 in long-term debt as of fiscal year 2025.
Big Sky Industrial Inc had 34M shares outstanding in fiscal year 2025. This represents an increase of 23.3% from the prior year.
Margins & Returns
Big Sky Industrial Inc's operating margin was -195.3% in fiscal year 2025, reflecting core business profitability. This is down 70.8 percentage points from the prior year.
Big Sky Industrial Inc's net profit margin was -195.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 70.7 percentage points from the prior year.
Big Sky Industrial Inc's ROE was -59.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 46.9 percentage points from the prior year.
Capital Allocation
Big Sky Industrial Inc spent $316K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 59.9% from the prior year.
BSIN Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6M+15.1% | $1.4M-19.8% | $1.7M-14.3% | $2.0M-7.5% | $2.2M-48.1% | $4.2M-14.8% | $5.0M-18.0% | $6.0M |
| 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 | $3.0M+131.6% | $1.3M-37.7% | $2.1M-5.9% | $2.2M-6.0% | $2.4M+45.0% | $1.6M-26.8% | $2.3M+7.7% | $2.1M |
| Operating Income | -$3.1M-90.2% | -$1.7M+51.1% | -$3.4M+45.8% | -$6.2M-102.0% | -$3.1M+73.8% | -$11.8M-183.8% | -$4.2M-142.0% | -$1.7M |
| Interest Expense | -$63K-50.0% | -$42K+41.7% | -$72K-53.2% | -$47K0.0% | -$47K+52.0% | -$98K-5.4% | -$93K+29.0% | -$131K |
| Income Tax | $0-100.0% | $6K | $0 | $0 | $0-100.0% | $26K+230.0% | -$20K-400.0% | -$4K |
| Net Income | -$3.2M-70.9% | -$1.9M+44.2% | -$3.3M+44.8% | -$6.1M-94.7% | -$3.1M+74.0% | -$12.0M-432.4% | -$2.2M-13.8% | -$2.0M |
| EPS (Diluted) | N/A | N/A | N/A | $-0.19 | N/A | N/A | $-0.080.0% | $-0.08 |
BSIN Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $55.2M+35.8% | $40.6M-12.6% | $46.5M-8.8% | $51.0M-8.7% | $55.8M+12.4% | $49.7M-22.5% | $64.1M-13.0% | $73.7M |
| Current Assets | $12.5M+529.3% | $2.0M-29.1% | $2.8M-65.9% | $8.2M-32.1% | $12.1M+24.3% | $9.7M+187.2% | $3.4M-34.7% | $5.2M |
| Cash & Equivalents | $10.5M+2336.1% | $429K-69.7% | $1.4M-79.0% | $6.7M-35.9% | $10.5M+36.0% | $7.7M+568.7% | $1.2M-48.0% | $2.2M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $714K+57.3% | $454K-7.3% | $490K-13.6% | $567K-6.9% | $609K-53.1% | $1.3M-8.3% | $1.4M-25.6% | $1.9M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $16.7M+1.7% | $16.4M-23.4% | $21.5M-6.8% | $23.0M+3.4% | $22.3M-12.5% | $25.5M-10.1% | $28.3M-21.2% | $35.9M |
| Current Liabilities | $6.5M+8.2% | $6.0M-28.9% | $8.5M-21.4% | $10.8M+22.7% | $8.8M-26.7% | $12.0M+10.0% | $10.9M+5.1% | $10.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $38.5M+59.0% | $24.2M-3.4% | $25.0M-10.4% | $28.0M-17.6% | $33.9M+40.2% | $24.2M-32.3% | $35.7M-5.3% | $37.7M |
| Retained Earnings | -$215.1M-1.5% | -$211.9M-0.7% | -$210.4M-1.6% | -$207.1M-3.0% | -$201.0M-1.8% | -$197.5M-6.3% | -$185.9M-1.2% | -$183.6M |
BSIN Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.5M-186.1% | -$857K-452.9% | -$155K+90.2% | -$1.6M+65.2% | -$4.5M-367.9% | $1.7M-33.9% | $2.6M+176.1% | $929K |
| 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 | -$4.4M-100.1% | -$2.2M+57.1% | -$5.2M-147.2% | -$2.1M+13.8% | -$2.4M-147.7% | $5.1M+49.9% | $3.4M+234.6% | -$2.5M |
| Financing Cash Flow | $16.9M+710.8% | $2.1M | $0+100.0% | -$104K-101.1% | $9.7M+4853.7% | -$205K+97.1% | -$7.0M-488.9% | $1.8M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | $0 | $0 | $0 |
| Share Buybacks | $0 | $0 | $0-100.0% | $82K-65.0% | $234K+14.7% | $204K+920.0% | $20K-88.1% | $168K |
BSIN Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -196.0%-77.4pp | -118.6%+75.8pp | -194.4%+113.2pp | -307.6%-166.8pp | -140.8%+138.1pp | -278.9%-195.2pp | -83.8%-55.4pp | -28.4% |
| Net Margin | -198.6%-64.9pp | -133.7%+58.5pp | -192.2%+106.5pp | -298.7%-156.9pp | -141.9%+141.3pp | -283.2%-237.8pp | -45.3%-12.7pp | -32.6% |
| Return on Equity | -8.3%-0.6pp | -7.7%+5.6pp | -13.3%+8.3pp | -21.7%-12.5pp | -9.2%+40.3pp | -49.4%-43.1pp | -6.3%-1.1pp | -5.2% |
| Return on Assets | -5.8%-1.2pp | -4.6%+2.6pp | -7.2%+4.7pp | -11.9%-6.3pp | -5.6%+18.5pp | -24.1%-20.6pp | -3.5%-0.8pp | -2.7% |
| Current Ratio | 1.92+1.6 | 0.330.0 | 0.33-0.4 | 0.76-0.6 | 1.38+0.6 | 0.81+0.5 | 0.31-0.2 | 0.50 |
| Debt-to-Equity | 0.43-0.2 | 0.68-0.2 | 0.86+0.0 | 0.82+0.2 | 0.66-0.4 | 1.05+0.3 | 0.79-0.2 | 0.95 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.33), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Big Sky Industrial Inc's annual revenue?
Big Sky Industrial Inc (BSIN) reported $7.4M in total revenue for fiscal year 2025. This represents a -64.3% 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 Big Sky Industrial Inc's revenue growing?
Big Sky Industrial Inc (BSIN) revenue declined by 64.3% year-over-year, from $20.6M to $7.4M in fiscal year 2025.
Is Big Sky Industrial Inc profitable?
No, Big Sky Industrial Inc (BSIN) reported a net income of -$14.4M in fiscal year 2025, with a net profit margin of -195.5%.
What is Big Sky Industrial Inc's EBITDA?
Big Sky Industrial Inc (BSIN) had EBITDA of -$10.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Big Sky Industrial Inc's operating margin?
Big Sky Industrial Inc (BSIN) had an operating margin of -195.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Big Sky Industrial Inc's net profit margin?
Big Sky Industrial Inc (BSIN) had a net profit margin of -195.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Big Sky Industrial Inc's return on equity (ROE)?
Big Sky Industrial Inc (BSIN) has a return on equity of -59.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Big Sky Industrial Inc's operating cash flow?
Big Sky Industrial Inc (BSIN) generated -$7.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Big Sky Industrial Inc's total assets?
Big Sky Industrial Inc (BSIN) had $40.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Big Sky Industrial Inc's current ratio?
Big Sky Industrial Inc (BSIN) had a current ratio of 0.33 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Big Sky Industrial Inc's debt-to-equity ratio?
Big Sky Industrial Inc (BSIN) had a debt-to-equity ratio of 0.68 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Big Sky Industrial Inc's return on assets (ROA)?
Big Sky Industrial Inc (BSIN) had a return on assets of -35.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Big Sky Industrial Inc's cash runway?
Based on fiscal year 2025 data, Big Sky Industrial Inc (BSIN) had $429K in cash against an annual operating cash burn of $7.1M. 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 Big Sky Industrial Inc's Altman Z-Score?
Big Sky Industrial Inc (BSIN) has an Altman Z-Score of -6.29, 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 Big Sky Industrial Inc's Piotroski F-Score?
Big Sky Industrial Inc (BSIN) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Big Sky Industrial Inc's earnings high quality?
Big Sky Industrial Inc (BSIN) has an earnings quality ratio of 0.50x, 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 Big Sky Industrial Inc cover its interest payments?
Big Sky Industrial Inc (BSIN) has an interest coverage ratio of -69.0x, 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.