Full Fundamentals
All metrics by year — income statement, balance sheet, cash flow
15
Income Statement16
Metric
Trend
2025
2024
2023
2022
2021
Revenue
$538M
$593M
$436M
$463M
$327M
Cost of Revenue
$534M
$587M
$429M
$454M
$319M
Gross Profit
$4M
$5M
$7M
$9M
$8M
SG&A Expense
$5M
$6M
$4M
$3M
$2M
Operating Expenses
$7M
$9M
$6M
$4M
$3M
Operating Income
$-2M
$-3M
$2M
$5M
$4M
Interest Expense
$744.4K
$570.7K
$231.6K
$260.0K
$3.4K
Other Non-op
$222.2K
$1.5K
·
$1.8K
·
Pretax Income
$-3M
$-4M
$1M
$4M
$4M
Income Tax
$-394
$-29.5K
$298.6K
$814.5K
$656.3K
Net Income
$-3M
$-4M
$1M
$4M
$4M
EPS (Basic)
$-0.11
$-0.14
$0.04
$0.17
$0.17
EPS (Diluted)
$-0.11
$-0.14
$0.04
$0.17
·
Shares (Basic)
27,500,327
27,500,000
25,000,000
21,250,000
21,250,000
Shares (Diluted)
27,500,327
27,500,000
25,000,000
21,250,000
·
EBITDA
$-2M
$-3M
$2M
$5M
·
Balance Sheet19
Metric
Trend
2025
2024
2023
2022
2021
Cash & Equivalents
$9M
$8M
$7M
$5M
$3M
Receivables
$39M
$37M
$25M
$18M
$18M
Prepaid Expense
$23M
$23M
$19M
$253.8K
$4M
Current Assets
$75M
$68M
$52M
$24M
$27M
PP&E (Net)
$400.5K
$783.5K
$996.5K
$394.1K
$122.3K
Total Assets
$76M
$69M
$53M
$26M
$27M
Accounts Payable
$53M
$42M
$27M
$13M
$18M
Short-term Debt
$2M
$1M
·
·
·
Current Liabilities
$56M
$46M
$28M
$13M
$19M
Capital Leases
$70.5K
$35.4K
$194.4K
$229.1K
$49.7K
Total Liabilities
$56M
$47M
$28M
$13M
$19M
Total Debt
$2M
$1M
·
·
·
Common Stock
$2.8K
$2.8K
$2.5K
$2.1K
$2.1K
Paid-in Capital
$14M
$14M
$13M
$488.2K
$488.2K
Retained Earnings
$6M
$9M
$13M
$12M
$8M
Treasury Stock
$5
·
·
·
·
Stockholders' Equity
$20M
$23M
$25M
$12M
$8M
Liabilities + Equity
$76M
$69M
$53M
$26M
$27M
Shares Outstanding
27,500,327
27,500,000
25,000,000
21,250,000
21,250,000
Cash Flow9
Metric
Trend
2025
2024
2023
2022
2021
D&A
$384.5K
$357.5K
$170.8K
$88.2K
$59.5K
Operating Cash Flow
$4M
$-2M
$-10M
$3M
$-3M
CapEx
$2.6K
$144.4K
$773.9K
$373.1K
$19.2K
Investing Cash Flow
$-2.6K
$-144.4K
$-773.9K
$-373.1K
$-19.2K
Financing Cash Flow
$483.0K
$3M
$13M
$-1M
·
Net Change in Cash
$4M
$618.0K
$2M
$2M
$-3M
Taxes Paid
$5.2K
$28.1K
$794.9K
$688.8K
$683.4K
Free Cash Flow
$4M
$-2M
$-11M
$3M
·
Levered FCF
$3M
$-3M
$-11M
$3M
·
Profitability8
Metric
Trend
2025
2024
2023
2022
2021
Gross Margin
0.83%
0.91%
1.7%
2.0%
·
Operating Margin
-0.45%
-0.56%
0.38%
1.0%
·
Net Margin
-0.56%
-0.65%
0.26%
0.80%
·
Pretax Margin
-0.56%
-0.66%
0.33%
0.97%
·
EBITDA Margin
-0.45%
-0.56%
0.38%
1.0%
·
ROA
-4.1%
-6.3%
2.9%
14.0%
·
ROE
-14.0%
-16.1%
6.1%
35.9%
·
ROIC
-11.2%
-13.6%
5.2%
32.2%
·
Liquidity & Solvency4
Metric
Trend
2025
2024
2023
2022
2021
Current Ratio
1.3
1.5
1.9
1.8
·
Quick Ratio
0.9
1.0
1.2
1.8
·
Debt / Equity
0.1
0.1
·
·
·
Interest Coverage
-3.3
-5.8
7.2
18.3
·
Efficiency2
Metric
Trend
2025
2024
2023
2022
2021
Asset Turnover
7.4
9.7
11.0
17.6
·
Receivables Turnover
14.2
19.2
20.0
25.4
·
Per Share5
Metric
Trend
2025
2024
2023
2022
2021
Book Value / Share
$0.72
$0.83
$1.01
$0.57
·
Revenue / Share
$19.58
$21.55
$17.44
·
·
Cash Flow / Share
$0.15
$-0.07
$-0.40
·
·
Cash / Share
$0.34
$0.29
$0.30
$0.24
·
EPS (TTM)
$-0.11
$-0.14
$0.04
$0.17
·
Valuation (TTM)14
Metric
Trend
2025
2024
2023
2022
2021
Revenue TTM
$538M
$593M
$436M
$463M
·
Net Income TTM
$-3M
$-4M
$1M
$4M
·
Market Cap
$12M
$28M
$37M
·
·
Enterprise Value
$5M
$21M
·
·
·
P/E
-4.1
-7.4
32.7
·
·
P/S
0.0
0.0
0.1
·
·
P/B
0.6
1.2
1.5
·
·
P / Tangible Book
0.6
1.2
1.5
·
·
P / Cash Flow
3.1
-14.3
-3.7
·
·
P / FCF
3.1
-13.3
-3.4
·
·
EV / EBITDA
-2.0
-6.3
·
·
·
EV / FCF
1.2
-10.1
·
·
·
EV / Revenue
0.0
0.0
·
·
·
Earnings Yield
-24.3%
-13.5%
3.1%
·
·
No quarterly filings for BANL
We don't have SEC filings for this ticker yet.
Most recent period on the left · null values shown as ·
Financial Statements
Income statement, balance sheet, cash flow — annual, last 5 years
16
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Revenue
$538M
$593M
$436M
$463M
$327M
Gross Margin %
0.83%
0.91%
1.7%
2.0%
·
Operating Margin %
-0.45%
-0.56%
0.38%
1.0%
·
Net Income
$-3M
$-4M
$1M
$4M
$4M
Diluted EPS
$-0.11
$-0.14
$0.04
$0.17
·
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Debt / Equity
0.1
0.1
·
·
·
Current Ratio
1.3
1.5
1.9
1.8
·
Quick Ratio
0.9
1.0
1.2
1.8
·
Metric
2025-12-31
2024-12-31
2023-12-31
2022-12-31
2021-12-31
Free Cash Flow
$4M
$-2M
$-11M
$3M
·
Institutional owners (13F)
4 filers
· $63K total
· As of June 30, 2026
17
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders4
Value held$63K
New positions2
Exited positions4
Institutional activity — Q2 2026 vs prior quarter
New positions
Exited positions
Increased
Decreased
Net shares change
2
4
0
2
·
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair. Change vs prior quarter not shown: filer coverage differs too much between these two quarters for a reliable comparison.