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BIOTRICITY INC (BTCY) Financials

BTCY
Trailing 12 months to June 30, 2026
Revenue $16.4M +13.4% YoY
Net Income -$2.7M +50.1% YoY
EPS (Diluted) -$0.13 +37.6% YoY
Operating Cash Flow $162K +112.8% YoY
Source SEC Filings (10-K/10-Q) Latest period Q1 FY2027, ended Jun 30, 2026 Reported Currency USD FYE March

Newest figures come from the 10-Q for Q1 FY2027, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BTCY SEC filings page.

BIOTRICITY INC (BTCY) reported $16.4M in revenue over the twelve months to Jun 30, 2026, up 13.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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 BTCY FY2026

Biotricity's improving sales economics now produce operating profit, but interest costs and a severely stretched balance sheet still absorb earnings.

Gross margin expansion from 69.3% in FY2024 to 80.9% in FY2026, alongside declining overhead, shows the operating turnaround came from better unit economics and cost absorption rather than sales growth alone. Yet FY2026 operating profit of $1.7M remained below interest expense, leaving the company with a net loss and showing that financing costs still outweigh the operating surplus.

The balance sheet is structurally strained: a 0.2x current ratio means current assets were only a fraction of near-term liabilities, while equity stood at -$34.7M. Reported liquidity equaled 2.5 months of FY2026 operating outflow, so the financing structure—not just the income statement—matters to interpreting the business.

Cash conversion remains incomplete: operating cash flow improved from -$2.4M in FY2025 to -$719K in FY2026, but stayed negative even after operating income turned positive. FY2026 financing cash flow of $558K indicates that cash movement still included external funding rather than being supplied solely by operations.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

BIOTRICITY INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial
5/8

BIOTRICITY INC passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing
N/A

BIOTRICITY INC reported a net loss of $2.4M while operations used $719K of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk
0.50x

BIOTRICITY INC earns $0.50 in operating income for every $1 of interest expense ($1.7M vs $3.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$4.3M
YoY+10.4%
QoQ+0.6%
5Y CAGR+19.4%

BIOTRICITY INC generated $4.3M in revenue in Q1 2027. This represents an increase of 10.4% from the same quarter a year earlier. Against the prior quarter it is up 0.6%.

EBITDA
$160K
YoY-43.7%

BIOTRICITY INC's EBITDA was $160K in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 43.7% from the same quarter a year earlier.

Net Income
-$959K
YoY-42.8%
QoQ-196.0%

BIOTRICITY INC reported -$959K in net income in Q1 2027. This represents a decrease of 42.8% from the same quarter a year earlier. Against the prior quarter it is down 196.0%.

EPS (Diluted)
-$0.05
YoY-58.6%
QoQ-187.5%

BIOTRICITY INC earned -$0.05 per diluted share (EPS) in Q1 2027. This represents a decrease of 58.6% from the same quarter a year earlier. Against the prior quarter it is down 187.5%.

Cash & Balance Sheet

Cash & Debt
$467K
YoY+19.2%
QoQ+211.4%
5Y CAGR+18.3%
10Y CAGR+30.0%

BIOTRICITY INC held $467K in cash as of Q1 2027; long-term debt is not reported for that period.

Shares Outstanding
20M
YoY-24.4%
QoQ0.0%
5Y CAGR-13.2%
10Y CAGR+2.4%

BIOTRICITY INC had 20M shares outstanding in Q1 2027. This represents a decrease of 24.4% from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q1 2027.

Dividends Per Share

Not reported for Q1 2027.

Margins & Returns

Gross Margin
82.5%
YoY+2.1pp
QoQ+2.6pp
5Y change+16.2pp

BIOTRICITY INC's gross margin was 82.5% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is up 2.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.

Operating Margin
3.7%
YoY-3.6pp
QoQ-12.6pp

BIOTRICITY INC's operating margin was 3.7% in Q1 2027, reflecting core business profitability. This is down 3.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 12.6 percentage points.

Net Margin
-22.4%
YoY-5.1pp
QoQ-14.8pp

BIOTRICITY INC's net profit margin was -22.4% in Q1 2027, showing the share of revenue converted to profit. This is down 5.1 percentage points from the same quarter a year earlier. Against the prior quarter it is down 14.8 percentage points.

Return on Equity

Not reported for Q1 2027.

Capital Allocation

R&D Spending
$673K
YoY-3.3%
QoQ-20.0%
5Y CAGR+2.7%

BIOTRICITY INC invested $673K in research and development in Q1 2027. This represents a decrease of 3.3% from the same quarter a year earlier. Against the prior quarter it is down 20.0%.

Share Buybacks

Not reported for Q1 2027.

Capital Expenditures

Not reported for Q1 2027.

BTCY Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BTCY quarterly income statement
MetricQ1'2710-QQ4'2610-QQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-Q
Revenue$4.3M+10.4%$4.3M+14.8%$4.0M+10.2%$3.9M+18.9%$3.9M+21.0%$3.7M+16.5%$3.6M+21.7%$3.3M+13.0%
Cost of Revenue$746K-1.5%$852K+17.6%$736K-13.9%$704K-12.8%$757K-9.7%$724K-20.0%$855K+6.2%$808K-9.5%
Gross Profit$3.5M+13.3%$3.4M+14.1%$3.3M+17.6%$3.2M+29.4%$3.1M+31.9%$3.0M+31.1%$2.8M+27.5%$2.5M+23.0%
R&D Expenses$673K-3.3%$842K+47.0%$624K+13.1%$603K+16.4%$696K+35.5%$573K-19.2%$551K+21.7%$518K-25.8%
SG&A Expenses$2.7M+26.2%$1.9M-42.9%$2.2M-8.2%$2.3M+2.5%$2.1M-27.9%$3.3M-29.2%$2.4M-20.5%$2.2M-35.5%
Operating Income$158K-43.9%$695K+181.2%$441K+360.9%$274K+189.0%$282K+125.2%-$855K+71.9%-$169K+86.8%-$308K+85.9%
EBITDA$160K-43.7%N/A$442K+364.1%N/A$283K+125.4%-$854K+71.9%-$167K+86.9%-$306K+86.0%
Interest Expense$852K+0.2%$841K-5.7%$810K-4.6%$860K+14.4%$850K+10.6%$892K+9.4%$850K+7.5%$752K-0.2%
Net Income-$959K-42.8%-$324K+83.3%-$717K+41.7%-$691K+55.8%-$672K+81.8%-$1.9M+53.7%-$1.2M+56.2%-$1.6M+57.7%
EPS (Basic)-$0.05-58.6%-$0.02+71.9%-$0.04+22.2%-$0.03+60.3%-$0.03+94.1%-$0.06+87.8%-$0.05+84.1%-$0.07+83.4%
EPS (Diluted)-$0.05-58.6%-$0.02-$0.04+22.2%-$0.03+60.3%-$0.03-$0.06-$0.05-$0.07
Diluted Shares (Avg)23M-12.1%N/A28M+13.9%27M+19.0%26MN/A24M22M

Not reported in any period shown, so not listed: Income Tax.

BTCY Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BTCY quarterly balance sheet
MetricQ1'2710-QQ4'2610-QQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-Q
Total Assets$6.0M-0.2%$6.4M+14.3%$5.7M-5.0%$6.3M+19.5%$6.0M+11.4%$5.6M-5.1%$6.0M+9.1%$5.3M-22.4%
Current Assets$5.6M+8.8%$5.9M+26.2%$5.0M+2.5%$5.5M+36.2%$5.1M+25.7%$4.6M+3.8%$4.9M+23.6%$4.1M-21.5%
Cash & Equivalents$467K+19.2%$150K-59.0%$256K-49.7%$308K+78.0%$391K+288.5%$365K-53.5%$510K+498.9%$173K-85.6%
Short-Term Investments$0$0$0$0$0$0$0$0
Inventory$1.4M-20.1%$1.3M-13.8%$2.0M+25.8%$2.3M+24.1%$1.8M-6.8%$1.6M-17.2%$1.6M-23.4%$1.8M-14.6%
Accounts Receivable$2.4M+28.9%$2.9M+76.8%$1.6M+27.7%$2.1M+39.9%$1.9M+22.6%$1.7M+12.9%$1.2M-21.5%$1.5M-6.8%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$41.4M+6.7%$41.1M+9.2%$39.9M+5.3%$39.7M+9.0%$38.8M+10.3%$37.7M+0.7%$37.9M+17.7%$36.5M+12.9%
Current Liabilities$37.3M+71.2%$37.1M+80.0%$23.8M+12.6%$23.6M+9.9%$21.8M+6.0%$20.6M-9.1%$21.1M+13.5%$21.5M+20.6%
Non-Current Liabilities$4.1M-76.0%$4.0M-76.6%$16.1M-3.9%$16.1M+7.7%$17.0M+16.5%$17.0M+15.7%$16.8M+23.5%$15.0M+3.4%
Total Equity-$35.4M-8.0%-$34.7M-8.3%-$34.2M-7.2%-$33.4M-7.2%-$32.8M-10.1%-$32.0M-1.7%-$31.9M-15.1%-$31.2M-16.6%
Retained Earnings-$143.6M-2.5%-$142.6M-2.2%-$142.1M-3.4%-$141.0M-1.1%-$140.2M-0.5%-$139.4M-9.4%-$137.4M-11.6%-$139.4M-16.1%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

BTCY Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BTCY quarterly cash flow statement
MetricQ1'2710-QQ4'2610-QQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-Q
Operating Cash Flow$507K+235.8%-$21K+94.8%-$740K-740.4%$416K+204.7%-$373K+75.0%-$401K+65.6%-$88K+93.3%-$397K+83.4%
Depreciation & Amortization$1K0.0%$1K0.0%$1K-0.1%N/A$1K0.0%$1K0.0%$1K0.0%$1K0.0%
Stock-Based Compensation$340K+5628.2%N/AN/AN/A$6K-89.9%N/AN/AN/A
Financing Cash Flow-$191K-143.8%-$92K-155.5%$721K+69.7%-$508K-207.8%$436K-49.8%$165K-90.8%$425K+118.4%$471K-86.3%

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.

BTCY Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BTCY quarterly financial ratios
MetricQ1'2710-QQ4'2610-QQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-Q
Gross Margin82.5%+2.1pp80.0%-0.5pp81.5%+5.2pp81.9%+6.6pp80.5%+6.6pp80.4%+8.9pp76.4%+3.5pp75.3%+6.1pp
Operating Margin3.7%-3.6pp16.3%+39.4pp11.1%+15.7pp7.0%+16.5pp7.3%+42.2pp-23.1%+72.7pp-4.7%+38.4pp-9.4%+66.2pp
Net Margin-22.4%-5.1pp-7.6%+44.6pp-18.0%+16.0pp-17.8%+30.0pp-17.3%-52.3%-34.0%+60.5pp-47.8%
Return on Assets-15.9%-4.8pp-5.0%+29.3pp-12.6%+7.9pp-10.9%+18.6pp-11.1%+57.0pp-34.3%+36.1pp-20.5%+30.6pp-29.5%+24.6pp
Current Ratio0.15-0.1x0.16-0.1x0.210.0x0.230.0x0.240.0x0.220.0x0.230.0x0.19-0.1x
Asset Turnover0.71+0.1x0.660.0x0.70+0.1x0.610.0x0.64+0.1x0.66+0.1x0.60+0.1x0.62+0.2x

Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity, FCF Margin.

Note: Shareholder equity is negative (-$34.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.16), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
BIOTRICITY INC BTCY FY2026 $16.0M -$2.4M -15.0% N/A —
GUIDED THERAPEUTCS INC GTHP FY2025 $767K -$3.2M N/A $19.3M —
CS DIAGNOSTICS CORP CSDX FY2024 N/A $761 N/A $2.1M —
PETVIVO HOLDINGS INC PETV FY2026 $1.1M -$10.5M N/A $28.3M —

Frequently Asked Questions

What is BIOTRICITY INC's annual revenue?

BIOTRICITY INC (BTCY) reported $16.0M in total revenue for fiscal year 2026. This represents a 16.0% 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 BIOTRICITY INC's revenue growing?

BIOTRICITY INC (BTCY) revenue grew by 16.0% year-over-year, from $13.8M to $16.0M in fiscal year 2026.

Is BIOTRICITY INC profitable?

No, BIOTRICITY INC (BTCY) reported a net income of -$2.4M in fiscal year 2026, with a net profit margin of -15.0%.

BIOTRICITY INC (BTCY) reported diluted earnings per share of -$0.12 for fiscal year 2026. This represents a 79.3% 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.

BIOTRICITY INC (BTCY) had EBITDA of $1.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

BIOTRICITY INC (BTCY) had a gross margin of 80.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

BIOTRICITY INC (BTCY) had an operating margin of 10.6% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

BIOTRICITY INC (BTCY) had a net profit margin of -15.0% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

BIOTRICITY INC (BTCY) recorded an outflow of $719K in operating cash flow during fiscal year 2026, representing cash used by core business activities.

BIOTRICITY INC (BTCY) had $6.4M in total assets as of fiscal year 2026, including both current and long-term assets.

BIOTRICITY INC (BTCY) invested $2.8M in research and development during fiscal year 2026.

BIOTRICITY INC (BTCY) had 20M shares outstanding as of fiscal year 2026.

BIOTRICITY INC (BTCY) had a current ratio of 0.16 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.

BIOTRICITY INC (BTCY) had a return on assets of -37.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

At the end of fiscal year 2026, BIOTRICITY INC (BTCY) held $150K in cash, cash equivalents and investments, and reported an operating cash outflow of $719K over that year. Dividing the one by the other, the reported balance equals about 3 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

BIOTRICITY INC (BTCY) has negative shareholder equity of -$34.7M as of fiscal year 2026, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

BIOTRICITY INC (BTCY) has a Piotroski F-Score of 5 out of 8 computable signals; 1 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.

BIOTRICITY INC (BTCY) reported a net loss of $2.4M while operations used $719K of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.

BIOTRICITY INC (BTCY) has an interest coverage ratio of 0.50x, 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.

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