# BNB Standard Corporation (BNC) · Edgar & Edgarette company card

> BNB Standard (BNC) saw revenue fall 59.4% in FY2024 to $3 million, operating margin -113% against a -6.4% median for finance services, equity 88.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1482541 · fiscal year ended 2024-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/BNC) · [JSON](https://www.pops4.com/boards/company/BNC.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $3M |
| Revenue growth, 1 year | -59.4% |
| Revenue growth per year | -24.2% |
| Operating margin | -113.1% (prior year -42.7%) |
| Net margin | -112.2% |
| Operating cash flow | −$3M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $9M |
| Long-term debt | — |
| Total assets | $10M |
| Total equity | $9M |
| Equity ÷ assets | 88.8% |
| Return on equity | -34.2% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Piotroski F: 2 of 9 (weak)
- Health Harbor boat: Old boat · three warning signs · filed earlier statements no longer to be relied on in the last 12 months; operating cash flow was negative; revenue is hard to predict: its 80% range is ±74%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $2.8M (FY2024). Experience: revenue down 59.4% on the year, down 24.2% a year over 4 years; operating margin -113.1%, down from -42.7%. Soundness: equity 88.8% of assets, return on equity -34.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $535K and $3.6M next year (method v4.1: its own 6-year record of growth weighed at 63% 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 $469K to $4.1M. A statistical range, not company guidance. Against peers (36 filers, $50M+ revenue, finance services): operating margin -113.1% against a -6.4% median; growth -59.4% against 16.8%.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-05-13 ([filing](https://www.sec.gov/Archives/edgar/data/1482541/000148254126000006/0001482541-26-000006-index.htm))
- Item 4.02 Earlier statements no longer to be relied on: 1, latest 2026-06-17 ([filing](https://www.sec.gov/Archives/edgar/data/1482541/000148254126000017/0001482541-26-000017-index.htm))
- Item 5.02 Director or officer change: 13, latest 2026-11-03 ([filing](https://www.sec.gov/Archives/edgar/data/1482541/000148254126000072/0001482541-26-000072-index.htm))

## Recent filings

- 8-K · filed 2026-11-03 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1482541/000148254126000072/0001482541-26-000072-index.htm)
- DEF 14A · filed 2026-10-28 · [filing](https://www.sec.gov/Archives/edgar/data/1482541/000148254126000067/0001482541-26-000067-index.htm)
- 8-K · filed 2026-10-19 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1482541/000148254126000058/0001482541-26-000058-index.htm)
- 8-K · filed 2026-10-02 · 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 · [filing](https://www.sec.gov/Archives/edgar/data/1482541/000148254126000056/0001482541-26-000056-index.htm)
- 8-K · filed 2026-09-11 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1482541/000148254126000053/0001482541-26-000053-index.htm)
- 10-Q · filed 2026-09-11 · [filing](https://www.sec.gov/Archives/edgar/data/1482541/000148254126000051/0001482541-26-000051-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001482541.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1482541

## Cite

POPS4, Edgar & Edgarette: BNB Standard Corporation (BNC) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/BNC. 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.

Its latest audited year is FY2026, which reports no revenue; the revenue figures and the range here are from FY2024, its last year with revenue on record. 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.

