Bonk, Inc. Reports Q3 Financial Results: Emerges Debt-Free with $9 Million in Cash and 1,200% Revenue Growth

Rhea-AI Summary

Bonk, Inc. (Nasdaq: BNKK) reported Q3 results for the period ended September 30, 2025, after completing a strategic balance-sheet cleanup. Key items: beverage revenue rose to $1.51M (a >1,200% increase YoY), the beverage segment produced a $543,142 gross profit versus a prior-year gross loss, the company eliminated legacy debt and held approximately $9M in cash as of September 30, 2025. Q3 also included $509,085 in related-party digital asset revenue. Reported net loss was driven by a $4.3M settlement loss and about $12.8M in unrealized digital-asset and equity losses. Management says it expects cash-flow positivity by Q4 2025 or Q1 2026.

Positive

• Beverage revenue +1,200% YoY to $1.51M
• Gross profit $543,142 (swing from $(292,186))
• Related-party digital revenue $509,085 from letsBONK.fun
• Debt-free status with ~$9M cash as of Sep 30, 2025

Negative

• Net loss includes $4.3M loss on settlement
• About $12.8M unrealized losses on digital assets and equity
• Net loss persists despite beverage gross profit

News Market Reaction – BNKK

+19.70% 78.7x vol

35 alerts

+19.70% News Effect

+56.0% Peak Tracked

-13.0% Trough Tracked

+$5M Valuation Impact

$31M Market Cap

78.7x Rel. Volume

On the day this news was published, BNKK gained 19.70%, reflecting a significant positive market reaction. Argus tracked a peak move of +56.0% during that session. Argus tracked a trough of -13.0% from its starting point during tracking. Our momentum scanner triggered 35 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $5M to the company's valuation, bringing the market cap to $31M at that time. Trading volume was exceptionally heavy at 78.7x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Strategic Transformation Complete: Company Settles Legacy Obligations, Achieves First-Ever Gross Profit in Beverage Segment, and Accelerates Path to Cash Flow Positivity

SCOTTSDALE, AZ, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Bonk, Inc. (Nasdaq: BNKK) today reported financial results for the third quarter ended September 30, 2025, marking the completion of its strategic turnaround from its legacy operations as Jupiter Wellness and Safety Shot.

The third quarter represents a definitive turning point. Having spent the last nine months rigorously shoring up its balance sheet, Bonk, Inc. has successfully settled the outstanding obligations inherited from its predecessors. The Company emerges from this period debt-free, holding approximately $9 million in cash as of September 30, 2025, and is firmly positioned on a path to positive cash flow in the coming quarters.

Key Financial Highlights:

• Explosive Revenue Growth: Beverage sales for the quarter surged to $1.51 million, a more than 1,200% increase compared to $110,213 in the same period last year.
• Swing to Gross Profit: The Company reported a gross profit of $543,142, a significant turnaround from a gross loss of $(292,186) in the prior year period.
• Digital Asset Revenue: The Company recorded $509,085 in related party income from digital assets, demonstrating the immediate financial impact of its new letsBONK.fun revenue-sharing agreement.
• Balance Sheet Strength: The Company has eliminated its legacy debt burden and holds a strong cash position, providing the runway to execute its strategy without the need for immediate dilutive capital raises.

Contextualizing the Results While the Company reported a net loss for the quarter, this figure was driven primarily by significant, one-time non-cash charges and settlements related to the cleanup of legacy obligations. Specifically, the results include a $4.3 million loss on settlement and over $12.8 million in unrealized losses on digital assets and equity investments due to market fluctuations during the reporting period. These one-time events obscure the underlying operational strength of the business, which has now streamlined costs and achieved profitability in its beverage segment for the first time.

"We have made tremendous efforts over the last nine months to bring our balance sheet in line with investor expectations, and today, that heavy lifting is complete," said Jarrett Boon, CEO of Bonk, Inc. "We have successfully navigated the complex transition from Jupiter Wellness to Safety Shot and now to Bonk, Inc. By settling legacy debts and cleaning up our cap table, we have removed the anchors that were holding us back. With a clean slate, $9 million in cash, and our dual-engine revenue model now firing, we are solely focused on returning value to our shareholders."

Operational Update The Company’s beverage division, now unburdened by the debts of the Yerbaé acquisition which have been paid, may expect to deliver profit margins moving forward as cost-streamlining measures take full effect. Simultaneously, the Company’s digital asset strategy is paying off sooner than anticipated. The revenue generated from the letsBONK.fun partnership provides a high-margin, recurring income stream that complements the beverage division's growth.

Looking ahead to 2026, the Company has identified clear pathways to generating additional non-dilutive revenue through the monetization of current assets on its books.

Markita Russell, Chief Financial Officer, added, "This quarter was about emerging from the past. We have transformed from a debt-laden entity into a streamlined company with a bright future. Because of the hard work our team has put in to meet financial responsibilities, we have a clear line of sight to becoming cash flow positive as early as the fourth quarter of this year or the first quarter of 2026. With our legacy issues behind us and our assets performing well, we are entering a new phase of financial stability and growth."

About Bonk, Inc. Bonk, Inc. (Nasdaq: BNKK) is a company evolving to bridge the gap between traditional public markets and the digital asset ecosystem. Through its subsidiary BONK Holdings LLC, the Company executes a strategy focused on acquiring revenue-generating assets within the DeFi space. The Company also operates a growing beverage division holding the patented Sure Shot and Yerbaé brands.

Investor Relations Contact: Phone: 888.257.8061 Email: investors@bonkdat.com

Forward-Looking Statements: This press release contains forward-looking statements. Such statements are subject to risks and uncertainties, and actual results could differ materially. Factors that could cause or contribute to such differences include, but are not limited to, the performance of BONK digital assets, the operational success of the beverage division, market volatility, and other risks detailed in Bonk, Inc.'s filings with the Securities and Exchange Commission.

FAQ

What were Bonk (BNKK) Q3 2025 beverage sales and growth?

Bonk reported beverage sales of $1.51M in Q3 2025, a >1,200% increase versus Q3 2024.

How much cash does Bonk (BNKK) hold and is it debt-free?

As of September 30, 2025, Bonk held approximately $9M in cash and reported it is debt-free.

Why did Bonk (BNKK) report a net loss in Q3 2025?

The net loss was largely due to a $4.3M settlement loss and about $12.8M in unrealized digital-asset and equity losses.

How did Bonk’s beverage gross profit change in Q3 2025?

The beverage segment produced a $543,142 gross profit, a swing from a $(292,186) gross loss in the prior-year period.

What is the contribution from Bonk’s digital asset strategy in Q3 2025?

Bonk recorded $509,085 in related-party digital asset revenue from the letsBONK.fun revenue-sharing agreement.

When does Bonk (BNKK) expect to reach cash-flow positivity?

Management expects cash-flow positivity by Q4 2025 or Q1 2026, subject to execution and market conditions.