BIG SKY INDUSTRIAL INC. BSIN
Please see the "Glossary of Oil, Natural and Industrial Gas Terms" above for a list of abbreviations and definitions used throughout this Report.
Our fiscal year ends on December 31st. Interim results are presented on a quarterly basis for the quarters ended March 31st, June 30th, and September 30th, the first quarter, second quarter and third quarter, respectively, with the quarter ending December 31st being referenced herein as our fourth quarter. Fiscal 2025 means the year ended December 31, 2025, whereas fiscal 2024 means the year ended December 31, 2024.
In addition, unless the context otherwise requires and for the purposes of this Report only:
"SEC" or the "Commission" refers to the United States Securities and Exchange Commission; and
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.4M | $20.6M | $32.3M | $44.6M | $6.7M | $2.3M | $6.6M | $5.5M | $6.5M | — |
| SG&A | $8.1M | $8.2M | $11.5M | $11.2M | $4.6M | — | — | — | — | — |
| Total operating expenses | $21.7M | $46.3M | $67.4M | $41.0M | $8.1M | $7.7M | $7.4M | $6.7M | $7.5M | $17.7M |
| Operating income | -$14.4M | -$25.7M | -$35.0M | $3.5M | -$1.4M | -$5.4M | -$790.0K | -$1.1M | -$989.0K | -$11.9M |
| Interest expense | $208.0K | $442.0K | $1.1M | $544.0K | $57.0K | $14.0K | $11.0K | $93.0K | $513.0K | $442.0K |
| Pre-tax income | -$14.4M | -$25.6M | -$33.2M | -$2.9M | -$1.8M | -$6.5M | -$550.0K | -$1.0M | -$1.4M | -$11.7M |
| Income tax | $6.0K | $20.0K | $891.0K | $1.9M | — | $42.0K | — | — | — | — |
| Net income | -$14.4M | -$25.7M | -$32.4M | -$963.0K | -$1.8M | -$6.4M | -$550.0K | -$1.0M | -$1.4M | -$14.1M |
| EPS, basic | -0.43 | -0.96 | -1.28 | -0.04 | -0.39 | -3.94 | -0.69 | -1.06 | -0.28 | -3.01 |
| EPS, diluted | -0.43 | -0.96 | -1.28 | -0.04 | -0.39 | -3.94 | -0.69 | -1.06 | -0.28 | -3.01 |
| Shares, diluted (wtd. avg.) | 33.8M | 26.7M | 25.3M | 24.7M | 4.5M | 1.6M | 1.3M | 1.3M | 5,900 | 4.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $429.0K | $7.7M | $3.4M | $4.4M | $4.4M | $2.9M | $1.5M | $2.3M | $3.3M | $2.5M |
| Short-term investments | $146.0K | $131.0K | $164.0K | $107.0K | $191.0K | $181.0K | $307.0K | — | — | — |
| Receivables | $454.0K | $1.3M | $2.3M | $3.2M | $933.0K | $514.0K | $716.0K | $697.0K | $687.0K | $562.0K |
| Total current assets | $2.0M | $9.7M | $8.4M | $8.4M | $6.0M | $4.7M | $2.7M | $3.7M | $5.9M | $4.9M |
| Property, plant and equipment | $318.0K | $660.0K | $899.0K | $651.0K | $188.0K | $25.0K | $2.1M | $2.2M | $1.7M | $1.9M |
| Total assets | $40.6M | $49.7M | $80.4M | $118.3M | $17.7M | $12.4M | $13.5M | $14.8M | $15.3M | $16.8M |
| Accounts payable | $1.5M | $5.1M | $4.1M | $4.3M | $1.4M | $1.5M | $974.0K | $670.0K | $707.0K | — |
| Short-term debt | — | — | — | — | — | — | — | — | $600.0K | $6.0M |
| Total current liabilities | $6.0M | $12.0M | $11.1M | $11.5M | $2.7M | $2.2M | $1.2M | $1.7M | $1.6M | $10.9M |
| Long-term debt | — | — | — | — | — | — | — | — | $937.0K | — |
| Total liabilities | $16.4M | $25.5M | $33.9M | $40.0M | $4.2M | $3.8M | $2.3M | $3.1M | — | — |
| Retained earnings | -$211.9M | -$197.5M | -$171.8M | -$138.6M | -$135.9M | -$134.1M | -$127.7M | -$127.1M | -$125.2M | -$123.8M |
| Total equity | $24.2M | $24.2M | $46.8M | $78.4M | $13.4M | $8.6M | $9.2M | $9.7M | $8.7M | $1.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$7.1M | $4.6M | $5.5M | $10.9M | -$153.0K | -$717.0K | $638.0K | -$490.0K | -$892.0K | -$1.4M |
| Depreciation and amortisation | $3.6M | $8.3M | $11.2M | $9.6M | $589.0K | $467.0K | $693.0K | $393.0K | $753.0K | $2.5M |
| Stock-based compensation | $1.9M | $1.3M | $2.3M | $3.0M | $549.0K | $211.0K | $41.0K | $636.0K | $323.0K | $213.0K |
| Capital expenditure | — | — | — | $435.0K | $196.0K | — | — | $11.0K | $299.0K | $194.0K |
| Investing cash flow | -$11.9M | $5.8M | $2.8M | -$16.9M | -$3.3M | -$1.1M | -$281.0K | -$1.3M | $1.7M | -$194.0K |
| Financing cash flow | $11.7M | -$6.0M | -$9.4M | $6.0M | $5.0M | $3.1M | -$1.2M | $863.0K | -$50.0K | $1.2M |
| Dividends paid | — | $0 | $1.2M | $1.7M | — | — | — | — | — | — |
| Buybacks | $316.0K | $788.0K | $368.0K | $0 | — | — | — | — | — | $3.0K |
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 0001437749-26-011411.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $6.5M | $5.5M | $6.6M | $2.3M | $6.7M | $44.6M | $32.3M | $20.6M | $7.4M |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | -$14.1M | -$1.4M | -$1.0M | -$550.0K | -$6.4M | -$1.8M | -$963.0K | -$32.4M | -$25.7M | -$14.4M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- 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 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
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Item 5.02
- Shareholder vote Item 5.07
- Results announced Item 2.02
- 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
- Regulation FD disclosure Item 7.01
- Other event Item 8.01
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.
Others in SIC 1311
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|---|---|---|---|---|
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| OXY | OCCIDENTAL PETROLEUM CORP /DE/ | $64.15B | 39.9x | -5.0% |
| FANG | Diamondback Energy, Inc. | $57.62B | 35.9x | 35.8% |
| DVN | DEVON ENERGY CORP/DE | $56.53B | 12.3x | 5.4% |
| EQT | EQT Corp | $34.80B | 16.8x | 63.9% |
| EXE | EXPAND ENERGY Corp | $22.30B | 12.3x | 186.3% |
| PR | Permian Resources Corp | $21.35B | 19.9x | 1.3% |
| OVV | Ovintiv Inc. | $19.91B | 15.1x | -3.1% |