{ "ok": true, "cik": "1218683", "ticker": "BGDE", "name": "Big Digital Energy, Inc.", "filings": [ { "form": "8-K", "filed": "2026-09-24", "items": [ "1.01 Entry into a Material Definitive Agreement", "3.02 Unregistered Sales of Equity Securities", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1218683/000121390026102866/0001213900-26-102866-index.htm" }, { "form": "10-Q", "filed": "2026-08-14", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1218683/000121390026089986/0001213900-26-089986-index.htm" }, { "form": "8-K", "filed": "2026-07-20", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.01 Completion of Acquisition or Disposition of Assets", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1218683/000121390026079426/0001213900-26-079426-index.htm" }, { "form": "8-K", "filed": "2026-07-06", "items": [ "1.01 Entry into a Material Definitive Agreement", "3.02 Unregistered Sales of Equity Securities", "5.03 Amendments to Articles or Bylaws; Change in Fiscal Year", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1218683/000121390026075248/0001213900-26-075248-index.htm" }, { "form": "8-K", "filed": "2026-06-17", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1218683/000121390026069432/0001213900-26-069432-index.htm" }, { "form": "8-K", "filed": "2026-06-09", "items": [ "1.01 Entry into a Material Definitive Agreement", "3.03 Material Modifications to Rights of Security Holders", "5.03 Amendments to Articles or Bylaws; Change in Fiscal Year", "7.01 Regulation FD Disclosure", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1218683/000121390026066829/0001213900-26-066829-index.htm" } ], "events12m": 29, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001218683.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1218683" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up Big Digital Energy, Inc. ($BGDE). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-09-24. 29 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 39754085, "revenueGrowth1y": -0.3292162127389422, "revenueGrowthPerYear": -0.024287859016937974, "yearsOfData": 5, "operatingMargin": -0.4853109057849024, "operatingMarginPrior": -0.5256455124324804, "netMargin": -0.5950726573130787, "operatingCashFlow": -6899676, "capitalSpending": null, "freeCashFlow": null, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 13271256, "longTermDebt": 25184363, "longTermDebtChange": 0.20385559983162316, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 43862656 }, { "fiscalYearEnd": "2022-12-31", "revenue": 84385407 }, { "fiscalYearEnd": "2023-12-31", "revenue": 43571720 }, { "fiscalYearEnd": "2024-12-31", "revenue": 59265125 }, { "fiscalYearEnd": "2025-12-31", "revenue": 39754085 } ], "totalEquity": -3117791, "totalAssets": 57441666, "equityRatio": -0.054277516950848884, "returnOnEquity": null, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": -20.11, "sharesOutstanding": 1176430, "bookValuePerShare": -2.650213782375492, "revenuePerShare": 33.79213807876372, "range80": { "low": 11122419.9366113, "high": 72712518.02126011, "baseline": 28799621.56217186, "n": 2483, "band": "b000", "bandLabel": "under $50M", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.6101110801684247, "classVolatility": 0.3000583276631395, "volatility": 0.4807652910434998 }, "ifPaceHeld": { "low": 11122419.9366113, "high": 72712518.02126011 } }, "edgarette": "🔖 Exposure: revenue $39.8M (FY2025), total debt $25.2M. Experience: revenue down 32.9% on the year, down 2.4% a year over 4 years; operating margin -48.5%, up from -52.6%. Soundness: equity -5.4% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $11.1M and $72.7M next year (method v4.1: its own 4-year record of growth weighed at 50% against under $50M filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $9.8M to $83.1M. A range, not a forecast. Against peers (36 filers, $50M+ revenue, finance services): operating margin -48.5% against a -6.4% median; growth -32.9% against 16.8%.", "peers": { "sic": 6199, "sicDescription": "Finance Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6199", "growth": [ 0.1678, 51 ], "opMargin": [ -0.0639, 36 ], "equityRatio": [ 0.4195, 46 ], "returnOnEquity": [ -0.0512, 41 ] }, "summary": "Big Digital Energy (BGDE) saw revenue fall 32.9% in FY2025 to $40 million, operating margin -48.5% against a -6.4% median for finance services, equity -5.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Big Digital Energy, Inc. against its own record and its peers
Operating marginPeer median -6.4%-48.5%Revenue, on the yearPeer median 16.8%-32.9%Equity of assetsPeer median 41.9%-5.4%Gold tick: the median of 46–46 peers with $50M+ revenue in finance services
", "chartHorizon": null, "backtest": { "tests": 4, "hits": 2, "rate": 0.5, "method": "v4", "byYear": { "2021": [ 0, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-25T13:59:32.131Z", "hash": "3dead01ae78ee91a", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Big Digital Energy (BGDE) saw revenue fall 32.9% in FY2025 to $40 million, operating margin -48.5% against a -6.4% median for finance services, equity -5.4% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 39754085, "totalDebt": 25184363, "cash": 13271256 }, "experience": { "revenueGrowth1y": -0.3292162127389422, "revenueGrowthPerYear": -0.024287859016937974, "operatingMargin": -0.4853109057849024, "operatingMarginPrior": -0.5256455124324804, "netMargin": -0.5950726573130787, "freeCashFlow": null }, "soundness": { "equityRatio": -0.054277516950848884, "returnOnEquity": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6199, "sicDescription": "Finance Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6199", "growth": [ 0.1678, 51 ], "opMargin": [ -0.0639, 36 ], "equityRatio": [ 0.4195, 46 ], "returnOnEquity": [ -0.0512, 41 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 11122419.9366113, "high": 72712518.02126011, "baseline": 28799621.56217186, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 2483, "sizeBand": "under $50M", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.6101110801684247, "classVolatility": 0.3000583276631395, "pricedVolatility": 0.4807652910434998, "k": 3 }, "stress": { "low": 9778719.60588895, "high": 83074935.86502144, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 4, "hits": 2, "rate": 0.5, "method": "v4", "byYear": { "2021": [ 0, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-25T13:59:32.131Z", "hash": "3dead01ae78ee91a", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001218683.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1218683" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }