What is Baijiayun Group Ltd's earnings per share (EPS)?

Baijiayun Group Ltd (RTCJF) reported diluted earnings per share of $-15.58 for fiscal year 2025. This represents a 81.7% 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.

Baijiayun Group Ltd Financials

RTCJF

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

This page shows Baijiayun Group Ltd (RTCJF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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 RTCJF FY2025 2026-04-22

Baijiayun’s core markup looks fairly steady, but overhead and cash funding now determine whether the business can function.

From FY2023 to FY2025, gross margin stayed around 20% even as revenue roughly halved, so the business did not lose its basic markup; the real damage came from a cost structure that stayed too large for a smaller sales base. That is why operating cash flow and free cash flow both sat near -$8.1M in FY2025: the cash drain came from the operating model itself, not from a temporary surge in reinvestment.

The sharp improvement from FY2024’s extreme loss level was mostly an overhead reset: SG&A fell from $47.6M to $25.7M while gross margin barely moved. That means FY2025 looked less bad because the company cut operating burden to match a smaller sales base, not because each sale became much more profitable.

The balance sheet also became more inventory-heavy just as liquidity tightened, with inventory at $12.6M against cash of $8.7M. When financing inflow of $7.7M is needed to offset operating burn of about -$8.1M, day-to-day funding depends more on capital support than on internal cash generation.

Financial Health Signals

Financial Profile 7/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Baijiayun Group Ltd'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.

Profitability

Baijiayun Group Ltd has an operating margin of -49.6%, meaning the company retains $-50 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 up from -82.6% the prior year.

Growth

Baijiayun Group Ltd's revenue declined 28.9% year-over-year, from $59.8M to $42.5M. This contraction results in a growth score of 0/100.

Leverage

Baijiayun Group Ltd has elevated debt relative to equity (D/E of 3.61), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 28/100, reflecting increased financial risk.

Liquidity

Baijiayun Group Ltd's current ratio of 1.05 is below the typical benchmark, resulting in a score of 16/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While Baijiayun Group Ltd generated -$8.1M in operating cash flow, capex of $19K consumed most of it, leaving -$8.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Baijiayun Group Ltd generates a -144.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -328.3% the prior year.

Piotroski F-Score Weak

2/9

Baijiayun Group Ltd passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Low Quality

0.43x

For every $1 of reported earnings, Baijiayun Group Ltd generates $0.43 in operating cash flow (-$8.1M OCF vs -$18.7M 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

-215.0x

Baijiayun Group Ltd earns $-215.0 in operating income for every $1 of interest expense (-$21.1M vs $98K). 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

$42.5M

YoY-28.9%

5Y CAGR-3.8%

10Y CAGR+1.0%

Baijiayun Group Ltd generated $42.5M in revenue in fiscal year 2025. This represents a decrease of 28.9% from the prior year.

EBITDA

-$20.2M

YoY+58.3%

Baijiayun Group Ltd's EBITDA was -$20.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 58.3% from the prior year.

Net Income

-$18.7M

YoY+77.5%

Baijiayun Group Ltd reported -$18.7M in net income in fiscal year 2025. This represents an increase of 77.5% from the prior year.

EPS (Diluted)

$-15.58

YoY+81.7%

Baijiayun Group Ltd earned $-15.58 per diluted share (EPS) in fiscal year 2025. This represents an increase of 81.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$8.1M

YoY-24.5%

Baijiayun Group Ltd generated -$8.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 24.5% from the prior year.

Cash & Debt

$8.7M

YoY-0.2%

5Y CAGR-13.0%

10Y CAGR+14.6%

Baijiayun Group Ltd held $8.7M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

21.1%

YoY-0.7pp

5Y CAGR-19.5pp

10Y CAGR+21.1pp

Baijiayun Group Ltd's gross margin was 21.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.7 percentage points from the prior year.

Operating Margin

-49.6%

YoY+33.1pp

5Y CAGR-55.9pp

10Y CAGR-25.0pp

Baijiayun Group Ltd's operating margin was -49.6% in fiscal year 2025, reflecting core business profitability. This is up 33.1 percentage points from the prior year.

Net Margin

-43.9%

YoY+95.1pp

5Y CAGR-49.7pp

10Y CAGR-16.1pp

Baijiayun Group Ltd's net profit margin was -43.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 95.1 percentage points from the prior year.

Return on Equity

-144.5%

YoY+183.8pp

5Y CAGR-153.1pp

10Y CAGR-122.9pp

Baijiayun Group Ltd's ROE was -144.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 183.8 percentage points from the prior year.

Capital Allocation

R&D Spending

$2.3M

YoY-74.2%

5Y CAGR+5.4%

10Y CAGR+15.1%

Baijiayun Group Ltd invested $2.3M in research and development in fiscal year 2025. This represents a decrease of 74.2% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$19K

YoY+1300.6%

5Y CAGR-59.3%

10Y CAGR-5.5%

Baijiayun Group Ltd invested $19K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 1300.6% from the prior year.

RTCJF Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$42.5M-28.9%	$59.8M-27.3%	$82.2M+19.9%	$68.6M+10.2%	$62.3M+20.6%	$51.6M
Cost of Revenue	$33.6M-28.3%	$46.8M-28.8%	$65.7M+30.9%	$50.2M+29.0%	$38.9M+26.9%	$30.7M
Gross Profit	$9.0M-31.0%	$13.0M-21.5%	$16.6M-10.2%	$18.4M-21.1%	$23.4M+11.5%	$20.9M
R&D Expenses	$2.3M-74.2%	$8.8M+37.1%	$6.4M-50.6%	$13.0M+549.2%	$2.0M+14.9%	$1.7M
SG&A Expenses	$25.7M-46.0%	$47.6M+198.2%	$16.0M+8.0%	$14.8M+181.8%	$5.2M-42.8%	$9.2M
Operating Income	-$21.1M+57.3%	-$49.4M-530.0%	-$7.8M+53.3%	-$16.8M-212.8%	$14.9M+353.4%	$3.3M
Interest Expense	$98K+48.0%	$66K+76.1%	$38K-26.7%	$51K-93.5%	$793K-39.0%	$1.3M
Income Tax	-$4.3M-2074.6%	-$196K-188.4%	$222K+113.6%	-$1.6M-273.5%	$944K+200.7%	-$937K
Net Income	-$18.7M+77.5%	-$83.1M-1140.1%	-$6.7M+46.9%	-$12.6M-190.1%	$14.0M+365.7%	$3.0M
EPS (Diluted)	$-15.58+81.7%	$-85.02-750.2%	$-10.00	$-2.40	$4.29	$0.03

Metric	Q4'25	Q2'25	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21
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	$0.55	$0.94	N/A

RTCJF Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$56.1M-8.3%	$61.2M-56.1%	$139.3M+27.9%	$108.9M+28.3%	$84.9M+24.3%	$68.3M
Current Assets	$43.1M-13.5%	$49.9M-48.7%	$97.2M+29.7%	$74.9M-7.6%	$81.1M+67.0%	$48.6M
Cash & Equivalents	$8.7M-0.2%	$8.7M-22.5%	$11.2M-32.3%	$16.6M-65.6%	$48.3M+177.8%	$17.4M
Inventory	$12.6M+167.3%	$4.7M-15.6%	$5.6M+203.9%	$1.8M+222.2%	$569K-85.4%	$3.9M
Accounts Receivable	$6.8M-71.8%	$24.0M-33.5%	$36.0M+60.0%	$22.5M+148.7%	$9.1M+82.4%	$5.0M
Goodwill	N/A	$1.4M-87.0%	$10.9M+856.1%	$1.1M	N/A	N/A
Total Liabilities	$46.6M+26.7%	$36.8M-26.8%	$50.2M-58.5%	$121.0M+35.0%	$89.6M+168.4%	$33.4M
Current Liabilities	$41.1M+15.2%	$35.7M-9.4%	$39.4M-20.1%	$49.3M+47.5%	$33.4M+1.0%	$33.1M
Long-Term Debt	N/A	N/A	$10.0M	N/A	N/A	N/A
Total Equity	$12.9M-48.9%	$25.3M-71.5%	$88.7M+832.8%	-$12.1M-155.4%	-$4.7M-113.6%	$34.9M
Retained Earnings	-$122.3M-15.2%	-$106.2M-336.3%	-$24.3M-32.2%	-$18.4M-292.2%	-$4.7M	N/A

Metric	Q4'25	Q2'25	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21
Total Assets	$56.1M-22.5%	$72.4M+18.3%	$61.2M-56.1%	$139.3M+27.9%	$108.9M+45.9%	$74.6M-12.1%	$84.9M+24.3%	$68.3M
Current Assets	$43.1M-29.9%	$61.6M+23.4%	$49.9M-48.7%	$97.2M+29.7%	$74.9M+34.9%	$55.5M-31.6%	$81.1M+67.0%	$48.6M
Cash & Equivalents	$8.7M-40.3%	$14.5M+67.0%	$8.7M-22.5%	$11.2M-32.3%	$16.6M-57.8%	$39.3M-18.6%	$48.3M+177.8%	$17.4M
Inventory	$12.6M+61.1%	$7.8M+65.9%	$4.7M-15.6%	$5.6M+203.9%	$1.8M-67.1%	$5.6M+878.5%	$569K-85.4%	$3.9M
Accounts Receivable	$6.8M-75.8%	$27.9M+16.3%	$24.0M-33.5%	$36.0M+60.0%	$22.5M+391.1%	$4.6M-49.4%	$9.1M+82.4%	$5.0M
Goodwill	N/A	$1.4M-0.4%	$1.4M-87.0%	$10.9M+856.1%	$1.1M	N/A	N/A	N/A
Total Liabilities	$46.6M-1.0%	$47.1M+28.0%	$36.8M-26.8%	$50.2M-58.5%	$121.0M+386.0%	$24.9M-72.2%	$89.6M+168.4%	$33.4M
Current Liabilities	$41.1M+5.6%	$38.9M+9.1%	$35.7M-9.4%	$39.4M-20.1%	$49.3M+100.3%	$24.6M-26.3%	$33.4M+1.0%	$33.1M
Long-Term Debt	N/A	N/A	N/A	$10.0M	N/A	N/A	N/A	N/A
Total Equity	$12.9M-50.7%	$26.2M+3.7%	$25.3M-71.5%	$88.7M+832.8%	-$12.1M-124.3%	$49.7M+1149.7%	-$4.7M-113.6%	$34.9M
Retained Earnings	-$122.3M-15.9%	-$105.6M+0.6%	-$106.2M-336.3%	-$24.3M-32.2%	-$18.4M	N/A	-$4.7M	N/A

RTCJF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$8.1M-24.3%	-$6.5M+38.6%	-$10.6M+40.6%	-$17.8M-242.1%	$12.5M-30.4%	$18.0M
Capital Expenditures	$19K+1300.6%	$1K-97.8%	$63K-88.3%	$544K-56.6%	$1.3M-27.4%	$1.7M
Free Cash Flow	-$8.1M-24.5%	-$6.5M+39.0%	-$10.7M+42.0%	-$18.4M-262.7%	$11.3M-30.7%	$16.3M
Investing Cash Flow	-$19K-100.3%	$5.6M+440.4%	$1.0M+103.8%	-$27.5M-250.5%	$18.3M+1159.6%	-$1.7M
Financing Cash Flow	$7.7M+281.8%	-$4.2M-335.7%	-$972K-107.4%	$13.1M+317.5%	-$6.0M+45.1%	-$11.0M
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	Q4'25	Q2'25	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21
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

RTCJF Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	21.1%-0.7pp	21.7%+1.6pp	20.1%-6.7pp	26.9%-10.6pp	37.5%-3.1pp	40.6%
Operating Margin	-49.6%+33.1pp	-82.6%-73.1pp	-9.5%+14.9pp	-24.5%-48.3pp	23.9%+17.5pp	6.4%
Net Margin	-43.9%+95.1pp	-138.9%-130.8pp	-8.2%+10.3pp	-18.4%-40.9pp	22.5%+16.7pp	5.8%
Return on Equity	-144.5%+183.8pp	-328.3%-320.8pp	-7.5%	N/A	N/A	8.6%
Return on Assets	-33.3%+102.5pp	-135.8%-130.9pp	-4.8%+6.8pp	-11.6%-28.1pp	16.5%+12.1pp	4.4%
Current Ratio	1.05-0.3	1.40-1.1	2.47+0.9	1.52-0.9	2.43+1.0	1.47
Debt-to-Equity	3.61+2.2	1.45+1.3	0.11+10.1	-10.00+8.9	-18.91-19.9	0.96
FCF Margin	-19.0%-8.2pp	-10.9%+2.1pp	-13.0%+13.8pp	-26.8%-44.9pp	18.1%-13.4pp	31.6%

Metric	Q4'25	Q2'25	Q4'24	Q4'23	Q4'22	Q2'22	Q4'21	Q2'21
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	1.05-0.5	1.58+0.2	1.40-1.1	2.47+0.9	1.52-0.7	2.26-0.2	2.43+1.0	1.47
Debt-to-Equity	3.61+1.8	1.80+0.3	1.45+1.3	0.11+10.1	-10.00-10.5	0.50+19.4	-18.91-19.9	0.96
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Baijiayun Group Ltd's annual revenue?

Baijiayun Group Ltd (RTCJF) reported $42.5M in total revenue for fiscal year 2025. This represents a -28.9% 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 Baijiayun Group Ltd's revenue growing?

Baijiayun Group Ltd (RTCJF) revenue declined by 28.9% year-over-year, from $59.8M to $42.5M in fiscal year 2025.

Is Baijiayun Group Ltd profitable?

No, Baijiayun Group Ltd (RTCJF) reported a net income of -$18.7M in fiscal year 2025, with a net profit margin of -43.9%.

What is Baijiayun Group Ltd's EBITDA?

Baijiayun Group Ltd (RTCJF) had EBITDA of -$20.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Baijiayun Group Ltd's gross margin?

Baijiayun Group Ltd (RTCJF) had a gross margin of 21.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Baijiayun Group Ltd's operating margin?

Baijiayun Group Ltd (RTCJF) had an operating margin of -49.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Baijiayun Group Ltd's net profit margin?

Baijiayun Group Ltd (RTCJF) had a net profit margin of -43.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Baijiayun Group Ltd's return on equity (ROE)?

Baijiayun Group Ltd (RTCJF) has a return on equity of -144.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Baijiayun Group Ltd's free cash flow?

Baijiayun Group Ltd (RTCJF) generated -$8.1M in free cash flow during fiscal year 2025. This represents a -24.5% 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 Baijiayun Group Ltd's operating cash flow?

Baijiayun Group Ltd (RTCJF) generated -$8.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Baijiayun Group Ltd's total assets?

Baijiayun Group Ltd (RTCJF) had $56.1M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Baijiayun Group Ltd's capital expenditures?

Baijiayun Group Ltd (RTCJF) invested $19K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Baijiayun Group Ltd spend on research and development?

Baijiayun Group Ltd (RTCJF) invested $2.3M in research and development during fiscal year 2025.

What is Baijiayun Group Ltd's current ratio?

Baijiayun Group Ltd (RTCJF) had a current ratio of 1.05 as of fiscal year 2025, which is considered adequate.

What is Baijiayun Group Ltd's debt-to-equity ratio?

Baijiayun Group Ltd (RTCJF) had a debt-to-equity ratio of 3.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Baijiayun Group Ltd's return on assets (ROA)?

Baijiayun Group Ltd (RTCJF) had a return on assets of -33.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Baijiayun Group Ltd's cash runway?

Based on fiscal year 2025 data, Baijiayun Group Ltd (RTCJF) had $8.7M in cash against an annual operating cash burn of $8.1M. This gives an estimated cash runway of approximately 13 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 Baijiayun Group Ltd's Piotroski F-Score?

Baijiayun Group Ltd (RTCJF) has a Piotroski F-Score of 2 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Baijiayun Group Ltd's earnings high quality?

Baijiayun Group Ltd (RTCJF) has an earnings quality ratio of 0.43x, 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 Baijiayun Group Ltd cover its interest payments?

Baijiayun Group Ltd (RTCJF) has an interest coverage ratio of -215.0x, 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.

How financially healthy is Baijiayun Group Ltd?

Baijiayun Group Ltd (RTCJF) scores 7 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.