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No institutional (13F) filings cover this company, so the Overview and 13F tabs are thin. Everything drawn from its SEC filings is here.
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What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: -19%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
EOD close · as of 2026-10-30
Where each multiple sits in its own 9-yr range · 0th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 9-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
ROE -19% against ROIC -19% — 0% of the return on equity comes from leverage and buybacks rather than from the operating business.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | — | 72.1 | 69.9 | 72.9 | 71.3 | 55.8 | 63.4 | 56.4 |
| Gross Profit | 100.0 | 27.9 | 30.1 | 27.1 | 28.7 | 44.2 | 36.6 | 43.6 |
| SG&A | 343.1 | 286.3 | 174.4 | 82.1 | 50.5 | 38.3 | 32.5 | 28.9 |
| Operating Income | -261.4 | -328.2 | -177.7 | -87.4 | -42.2 | -8.3 | -10.5 | 4.7 |
| Income Tax | — | — | — | — | — | 0.0 | 0.0 | 0.0 |
| Net Income | -264.1 | -366.2 | 51.5 | -188.6 | 25.1 | -11.5 | -12.7 | 4.0 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on BOTX: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
Solve the discounted cash flow backwards, then stress-test the assumptions.
Average free cash flow across the last 1 positive fiscal year (FY2023). Smooths the cycle. Stock compensation is NOT charged — it is added back inside operating cash flow.
To be worth $0.15 today, the market must believe free cash flow compounds 14.8%/yr for a decade (off $423K on the 3-yr avg basis).
On the basis (-$10K) the requirement is off the scale. Shares issued to employees are added back in operating cash flow, so this basis treats them as free.
Default is the published 10.0% — this company's own cost of capital could not be computed.
2-stage DCF · 0.10B shares · net debt -$854K
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable.
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Educational — not a recommendation.
Cash conversion and accruals. The full answer — share-based compensation, the cash conversion waterfall, working-capital trend — is still being built, so this block states what it measures rather than issuing a verdict.
One year is not a trend. The spec asks for a 3- and 5-year average of FCF/net income precisely because a single year turns on working-capital timing, and that arrives with the full Q2 block.
EOD close · as of 2026-10-30
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5M 100.0% | $5.6M 100.0% | $5.1M 100.0% | $3.8M 100.0% | $2.7M 100.0% | $2.5M 100.0% | $1.8M 100.0% | $1.1M 100.0% | $950K 100.0% | $705K 100.0% |
| Cost of Revenue | $3.6M 56.4% | $3.5M 63.4% | $2.8M 55.8% | $2.7M 71.3% | $1.9M 72.9% | $1.8M 69.9% | $1.3M 72.1% | — | — | — |
| Gross Profit | $2.8M 43.6% | $2.1M 36.6% | $2.2M 44.2% | $1.1M 28.7% | $723K 27.1% | $761K 30.1% | $500K 27.9% | $1.1M 100.0% | $950K 100.0% | $705K 100.0% |
| Selling, General & Admin | $1.9M 28.9% | $1.8M 32.5% | $2.0M 38.3% | $1.9M 50.5% | $2.2M 82.1% | $4.4M 174.4% | $5.1M 286.3% | $3.9M 343.1% | $1.2M 128.2% | $694K 98.4% |
| Total Operating Expenses | $2.5M 39.0% | $2.6M 47.1% | $2.7M 52.4% | $2.7M 70.9% | $3.1M 114.5% | $5.3M 207.7% | $6.4M 356.1% | $4.1M 361.4% | $1.2M 128.3% | $694K 98.4% |
| Operating Income | $302K 4.7% | -$587K -10.5% | -$420K -8.3% | -$1.6M -42.2% | -$2.3M -87.4% | -$4.5M -177.7% | -$5.9M -328.2% | -$2.9M -261.4% | -$268K -28.3% | $11K 1.6% |
| Interest Expense | $81K 1.2% | $123K 2.2% | $168K 3.3% | $206K 5.4% | $233K 8.8% | $1.0M 40.2% | -$680K -38.0% | -$36K -3.2% | -$220 -0.0% | $0 0.0% |
| Interest & Investment Income | — | — | — | — | — | -$28K -1.1% | — | — | — | — |
| Other Income (Expense), net | -$42K -0.6% | -$123K -2.2% | -$165K -3.2% | — | — | $5.8M 229.2% | -$680K -38.0% | -$31K -2.7% | $1K 0.1% | $1K 0.2% |
| Income Tax Expense | $0 0.0% | $0 0.0% | $0 0.0% | — | — | — | — | — | — | — |
| Net Income | $261K 4.0% | -$709K -12.7% | -$585K -11.5% | $956K 25.1% | -$5.0M -188.6% | $1.3M 51.5% | -$6.6M -366.2% | -$3.0M -264.1% | -$267K -28.1% | $13K 1.8% |
| Per Share | ||||||||||
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.01 | -$0.06 | $0.02 | — | — | — | — |
| EPS (Diluted) | — | — | — | $0.01 | -$0.06 | $0.01 | — | — | — | — |
| Weighted Avg Shares (Basic) | 100.1M | 99.7M | 95.9M | — | 84.3M | 75.2M | — | — | — | — |
| Weighted Avg Shares (Diluted) | — | — | — | 143.1M | 84.3M | 243.1M | — | — | — | — |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.