Bimergen Energy Corp BESS
incorporated under the laws of Delaware on March 4, 1998. In connection with the Company's planned expansion of its business following
the completion of the acquisition of Bitech Mining Corporation, a Wyoming corporation ("Bitech Mining"), it amended to its
Certificate of Incorporation on April 29, 2022 to change its corporate name to Bitech Technologies Corporation. On January 28, 2025,
the Company filed a Certificate of Amendment to its Certificate to Incorporation to: (i) effect a reverse stock split of its common stock,
Last close
1.85
2026-10-23
Market cap
$13.1M
2026-06-30 share count
52-week range
1.70 - 6.45
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF14.9x
EV/EBITDA—
Dividend yield—
Diluted EPS-1.11
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $308 | $26.2K | $64.6K | $76.1K | $136.3K | $1.8M | $1.9M | $2.1M |
| Cost of revenue | — | — | — | — | — | $0 | $115.2K | $656.8K | $571.8K | $689.1K |
| Gross profit | — | — | $308 | $26.2K | — | $172.0K | $94.1K | $1.2M | $1.3M | $1.4M |
| R&D | — | — | — | — | — | — | — | $0 | $15.7K | $45.7K |
| SG&A | $4.9M | $2.8M | $927.7K | $888.1K | $285.0K | — | — | — | — | — |
| Total operating expenses | $4.9M | $2.8M | $927.7K | $888.1K | $285.0K | $507.4K | $1.6M | $1.8M | $1.6M | $2.1M |
| Operating income | -$4.9M | -$2.8M | -$927.7K | -$861.9K | -$285.0K | -$335.4K | -$1.5M | -$613.7K | -$356.6K | -$705.0K |
| Interest expense | $44.9K | — | — | $200 | $26.9K | $26.6K | $65.3K | $66.2K | $55.7K | $58.1K |
| Pre-tax income | -$5.0M | -$2.8M | -$920.4K | -$811.6K | -$285.0K | -$297.4K | -$1.6M | -$671.7K | -$405.9K | -$755.9K |
| Income tax | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$5.0M | -$2.8M | -$920.4K | -$811.6K | -$285.0K | -$297.4K | -$1.6M | -$671.7K | -$405.9K | -$755.9K |
| EPS, basic | -1.11 | -0.54 | -0.20 | 0.00 | 0.00 | — | — | — | — | — |
| EPS, diluted | -1.11 | -0.54 | -0.20 | 0.00 | -0.01 | -0.01 | -0.08 | -0.03 | -0.02 | -0.04 |
| Shares, diluted (wtd. avg.) | 4.5M | 5.1M | 4.6M | 284.8M | 20.2M | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $401.2K | $156.1K | $152.4K | $197.7K | $976.9K | $41.7K | $110.6K | $59.7K | $77.8K | $256.3K |
| Receivables | — | — | — | — | $27.3K | $232.2K | $480.4K | $1.0M | $1.1M | $1.4M |
| Inventory | — | — | — | — | — | — | $0 | $116.2K | $200.8K | $183.9K |
| Total current assets | $3.3M | $1.0M | $163.4K | $210.7K | $976.9K | $273.9K | $603.3K | $1.2M | $1.4M | $1.8M |
| Property, plant and equipment | — | — | — | — | $0 | $11.0K | $25.4K | $77.2K | $43.2K | $58.6K |
| Goodwill | — | — | — | — | — | — | — | $170.2K | $170.2K | $170.2K |
| Other intangibles | $23.9M | $22.2M | — | — | $35.0K | — | — | — | — | — |
| Total assets | $27.2M | $23.3M | $163.4K | $210.7K | $1.0M | $284.9K | $1.2M | $3.4M | $4.0M | $4.4M |
| Accounts payable | — | — | $35.2K | $11.4K | $11.1K | $43.3K | $41.2K | $76.0K | $79.2K | $82.5K |
| Short-term debt | $825.7K | — | — | — | — | — | $0 | $90.0K | $225.0K | $300.0K |
| Total current liabilities | $7.8M | $1.8M | $35.2K | $11.4K | $11.1K | $533.3K | $1.1M | $1.7M | $1.7M | $1.7M |
| Long-term debt | — | — | — | — | — | — | — | — | — | $0 |
| Total liabilities | — | — | — | — | — | — | — | — | — | $1.7M |
| Retained earnings | -$9.7M | -$4.8M | -$2.0M | -$1.1M | -$285.0K | -$20.1M | -$19.8M | -$18.2M | -$17.6M | -$17.2M |
| Total equity | $19.4M | $21.5M | $128.2K | $199.3K | $1.0M | $1.3M | $49.0K | $1.7M | $2.3M | $2.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $878.4K | -$349.8K | -$457.8K | -$789.3K | -$162.7K | $447.0K | $635.9K | -$123.2K | -$149.8K | $202.6K |
| Depreciation and amortisation | — | — | — | — | $11.0K | $14.4K | $51.8K | $25.5K | $19.1K | $19.2K |
| Stock-based compensation | $2.3M | $1.2M | $378.6K | — | — | — | $0 | $5.0K | $15.8K | $6.2K |
| Capital expenditure | — | — | — | — | — | — | — | $0 | $3.6K | $0 |
| Investing cash flow | -$1.7M | — | — | — | -$25.0K | — | — | $0 | -$3.6K | $0 |
| Financing cash flow | $1.0M | $353.5K | $412.5K | $10.1K | $1.2M | -$515.9K | -$585.0K | $105.0K | -$25.0K | -$120.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-014356.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M | $1.9M | $1.8M | $136.3K | $76.1K | $64.6K | $26.2K | $308 | — | — |
| Gross profit | $1.4M | $1.3M | $1.2M | $94.1K | $172.0K | — | $26.2K | $308 | — | — |
| Net income | -$755.9K | -$405.9K | -$671.7K | -$1.6M | -$297.4K | -$285.0K | -$811.6K | -$920.4K | -$2.8M | -$5.0M |
Recent filings and events
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed Item 1.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Item 5.02
- Other event Item 8.01
- Annual report filed Form 10-K
- Auditor changed Item 4.01
- Auditor changed Item 4.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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