# Big Digital Energy, Inc. (BGDE) · Edgar & Edgarette company card

> 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.

SEC CIK 1218683 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/BGDE) · [JSON](https://www.pops4.com/boards/company/BGDE.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $40M |
| Revenue growth, 1 year | -32.9% |
| Revenue growth per year | -2.4% |
| Operating margin | -48.5% (prior year -52.6%) |
| Net margin | -59.5% |
| Operating cash flow | −$7M |
| Capital spending | $148,950 |
| Free cash flow | −$7M |
| Cash | $13M |
| Long-term debt | $25M |
| Total assets | $57M |
| Total equity | −$3M |
| Equity ÷ assets | -5.4% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -48.5% in FY2025; revenue is hard to predict: its 80% range is ±73%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

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; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $9.8M to $83.1M. A statistical range, not company guidance. Against peers (36 filers, $50M+ revenue, finance services): operating margin -48.5% against a -6.4% median; growth -32.9% against 16.8%.

Range logged 2026-09-25, receipt 3dead01ae78ee91a, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-04-23 ([filing](https://www.sec.gov/Archives/edgar/data/1218683/000121390026047100/0001213900-26-047100-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-04-08 ([filing](https://www.sec.gov/Archives/edgar/data/1218683/000121390026041279/0001213900-26-041279-index.htm))

## Recent filings

- 8-K · filed 2026-11-06 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1218683/000121390026116537/0001213900-26-116537-index.htm)
- DEF 14A · filed 2026-10-23 · [filing](https://www.sec.gov/Archives/edgar/data/1218683/000121390026111954/0001213900-26-111954-index.htm)
- 8-K · filed 2026-09-24 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1218683/000121390026102866/0001213900-26-102866-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/1218683/000121390026089986/0001213900-26-089986-index.htm)
- 8-K · filed 2026-07-20 · 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 · [filing](https://www.sec.gov/Archives/edgar/data/1218683/000121390026079426/0001213900-26-079426-index.htm)
- 8-K · filed 2026-07-06 · 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 · [filing](https://www.sec.gov/Archives/edgar/data/1218683/000121390026075248/0001213900-26-075248-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001218683.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1218683

## Cite

POPS4, Edgar & Edgarette: Big Digital Energy, Inc. (BGDE) company card, from the company's own SEC filings, accessed 2026-11-09, https://www.pops4.com/boards/company/BGDE. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

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.