{ "ok": true, "cik": "744452", "ticker": "BNBX", "name": "BNB Plus Corp.", "filings": [ { "form": "8-K", "filed": "2026-10-02", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926113043/0001104659-26-113043-index.htm" }, { "form": "8-K", "filed": "2026-10-01", "items": [ "1.01 Entry into a Material Definitive Agreement", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926112587/0001104659-26-112587-index.htm" }, { "form": "8-K", "filed": "2026-09-03", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926105059/0001104659-26-105059-index.htm" }, { "form": "10-Q", "filed": "2026-08-13", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926095910/0001104659-26-095910-index.htm" }, { "form": "S-1", "filed": "2026-08-05", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926091228/0001104659-26-091228-index.htm" }, { "form": "8-K", "filed": "2026-07-29", "items": [ "1.01 Entry into a Material Definitive Agreement", "1.02 Termination of a Material Definitive Agreement", "3.02 Unregistered Sales of Equity Securities", "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926088139/0001104659-26-088139-index.htm" } ], "events12m": 17, "healthWatch": { "window": "last 12 months", "since": "2025-10-02", "signals": [ { "code": "3.01", "label": "Exchange listing notice or transfer", "count": 2, "latest": { "filed": "2026-07-13", "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926082893/0001104659-26-082893-index.htm" } }, { "code": "2.05", "label": "Restructuring or exit costs", "count": 1, "latest": { "filed": "2025-10-06", "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465925097097/0001104659-25-097097-index.htm" } }, { "code": "5.02", "label": "Director or officer change", "count": 5, "latest": { "filed": "2026-09-03", "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926105059/0001104659-26-105059-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000744452.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=744452" }, "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 BNB Plus Corp. ($BNBX). Last filing: 8-K (7.01 Regulation FD Disclosure), 2026-10-02. 17 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2025-01-30.", "auditor": { "changes": [ { "filed": "2025-01-30", "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465925007587/0001104659-25-007587-index.htm" } ], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-09-30", "revenue": 2136935, "revenueGrowth1y": 0.011093026226762337, "revenueGrowthPerYear": -0.3024857389716401, "yearsOfData": 5, "operatingMargin": -7.509163825759791, "operatingMarginPrior": -6.467239968014989, "netMargin": -7.182832421201393, "operatingCashFlow": null, "capitalSpending": 313121, "freeCashFlow": null, "researchAndDevelopment": 6016912, "researchShareOfRevenue": 2.815673850631863, "cash": 1667800, "longTermDebt": null, "longTermDebtChange": null, "revenueHistory": [ { "fiscalYearEnd": "2021-09-30", "revenue": 9027738 }, { "fiscalYearEnd": "2022-09-30", "revenue": 18168677 }, { "fiscalYearEnd": "2023-09-30", "revenue": 13367443 }, { "fiscalYearEnd": "2024-09-30", "revenue": 2113490 }, { "fiscalYearEnd": "2025-09-30", "revenue": 2136935 } ], "totalEquity": 2304747, "totalAssets": 4437441, "equityRatio": 0.519386511279812, "returnOnEquity": -6.6598398869810875, "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": -134.23, "sharesOutstanding": 517671, "bookValuePerShare": 4.45214624732697, "revenuePerShare": 4.127978967336397, "range80": { "low": 543189.5474724858, "high": 4638493.437530384, "baseline": 1603820.8013536471, "n": 2483, "band": "b000", "bandLabel": "under $50M", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.7163352002693127, "classVolatility": 0.3000583276631395, "volatility": 0.5491680613186078 }, "ifPaceHeld": { "low": 543189.5474724858, "high": 4638493.437530384 } }, "edgarette": "🔖 Exposure: revenue $2.1M (FY2025). Experience: revenue up 1.1% on the year, down 30.2% a year over 4 years; operating margin -750.9%, down from -646.7%. Soundness: equity 51.9% of assets, return on equity -666.0%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $543K and $4.6M 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 $469K to $5.4M. A statistical range, not company guidance. Against peers (36 filers, $50M+ revenue, finance services): operating margin -750.9% against a -6.4% median; growth 1.1% 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": "BNB Plus (BNBX) grew revenue 1.1% in FY2025 to $2 million, operating margin -751% against a -6.4% median for finance services, equity 51.9% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
BNB Plus Corp. against its own record and its peers
Operating marginPeer median -6.4%-750.9%Revenue, on the yearPeer median 16.8%1.1%Equity of assetsPeer median 41.9%51.9%Return on equityPeer median -5.1%-666.0%Gold tick: the median of 41–46 peers with $50M+ revenue in finance services
", "chartHorizon": null, "backtest": { "tests": 12, "hits": 7, "rate": 0.5833333333333334, "method": "v4", "byYear": { "2014": [ 1, 1 ], "2015": [ 0, 1 ], "2016": [ 0, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 0, 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": "2026-10-02T14:01:07.815Z", "hash": "2e460997ecb9dd56", "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": "BNB Plus (BNBX) grew revenue 1.1% in FY2025 to $2 million, operating margin -751% against a -6.4% median for finance services, equity 51.9% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-09-30", "revenue": 2136935, "totalDebt": null, "cash": 1667800 }, "experience": { "revenueGrowth1y": 0.011093026226762337, "revenueGrowthPerYear": -0.3024857389716401, "operatingMargin": -7.509163825759791, "operatingMarginPrior": -6.467239968014989, "netMargin": -7.182832421201393, "freeCashFlow": null }, "soundness": { "equityRatio": 0.519386511279812, "returnOnEquity": -6.6598398869810875, "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": { "filed": "2025-01-30", "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465925007587/0001104659-25-007587-index.htm" } }, "healthWatch": { "window": "last 12 months", "since": "2025-10-02", "signals": [ { "code": "3.01", "label": "Exchange listing notice or transfer", "count": 2, "latest": { "filed": "2026-07-13", "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926082893/0001104659-26-082893-index.htm" } }, { "code": "2.05", "label": "Restructuring or exit costs", "count": 1, "latest": { "filed": "2025-10-06", "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465925097097/0001104659-25-097097-index.htm" } }, { "code": "5.02", "label": "Director or officer change", "count": 5, "latest": { "filed": "2026-09-03", "url": "https://www.sec.gov/Archives/edgar/data/744452/000110465926105059/0001104659-26-105059-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 543189.5474724858, "high": 4638493.437530384, "baseline": 1603820.8013536471, "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, "coverageAllYears": 0.6904374799277399, "stressCoverageAllYears": 0.819004992974709, "outcomeYears": [ 2019, 2025 ] }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.7163352002693127, "classVolatility": 0.3000583276631395, "pricedVolatility": 0.5491680613186078, "k": 3 }, "stress": { "low": 468897.86648997664, "high": 5400949.961058391, "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": 12, "hits": 7, "rate": 0.5833333333333334, "method": "v4", "byYear": { "2014": [ 1, 1 ], "2015": [ 0, 1 ], "2016": [ 0, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 0, 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": "2026-10-02T14:01:07.815Z", "hash": "2e460997ecb9dd56", "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/CIK0000744452.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=744452" }, "speedCash": { "fiscalYear": 2025, "cashConversion": null, "growth3y": -0.51, "volatility": 0.7163, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.9101, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": null, "band": "under $50M", "cashPctInClass": null, "growthPctInClass": 4, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "warning", "text": "filed restructuring or exit costs in the last 12 months" }, { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±79%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 3, "name": "Old boat", "plain": "three warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-09-30", "operating": null, "investing": -313121, "financing": 8054492, "capitalSpending": 313121, "free": null, "trend": [ { "fiscalYearEnd": "2021-09-30", "operating": -13387955, "free": -15936650 }, { "fiscalYearEnd": "2022-09-30", "operating": -8976706, "free": -9466259 }, { "fiscalYearEnd": "2023-09-30", "operating": -6217677, "free": -6296125 }, { "fiscalYearEnd": "2024-09-30", "operating": -13711397, "free": -14119301 }, { "fiscalYearEnd": "2025-09-30", "operating": null, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-09-30", "cash": 1667800, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 4437441, "ladder": null, "currentRatio": 0.91, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "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 range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": null, "growth3y": -0.51, "volatility": 0.7163, "paysDividend": false, "raisedDividend": false, "equityRatio": 0.9101, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": null, "band": "under $50M", "cashPctInClass": null, "growthPctInClass": 4, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "warning", "text": "filed restructuring or exit costs in the last 12 months" }, { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" }, { "key": "range", "text": "revenue is hard to predict: its 80% range is ±79%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 3, "name": "Old boat", "plain": "three warning signs" }, "cashFlow": { "fiscalYearEnd": "2025-09-30", "operating": null, "investing": -313121, "financing": 8054492, "capitalSpending": 313121, "free": null, "trend": [ { "fiscalYearEnd": "2021-09-30", "operating": -13387955, "free": -15936650 }, { "fiscalYearEnd": "2022-09-30", "operating": -8976706, "free": -9466259 }, { "fiscalYearEnd": "2023-09-30", "operating": -6217677, "free": -6296125 }, { "fiscalYearEnd": "2024-09-30", "operating": -13711397, "free": -14119301 }, { "fiscalYearEnd": "2025-09-30", "operating": null, "free": null } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-09-30", "cash": 1667800, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 4437441, "ladder": null, "currentRatio": 0.91, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }