Executive Summary
Blueone Card Inc (BCRD) reported QQ4 2024 revenue of $76.663k with a gross margin of 4.91% and a continued net loss of $408.784k, translating to an EPS of -$0.0339. The quarter shows a stark contrast between top-line growth (YoY revenue up 206.7%; QoQ up an outsized 7,566.3% per the provided metrics) and the profitability/operating efficiency realities of a company in the early-stage fintech/payments stack.
Key Performance Indicators
QoQ: 7 566.30% | YoY:206.65%
QoQ: 527.17% | YoY:124.46%
Key Insights
Revenue (Q4 2024): $76,663; YoY growth: 206.65%; QoQ growth: 7,566.30%
Gross Profit: $3,763; Gross Margin: 4.91%
Operating Income: -$408,790; Operating Margin: -5.33%
EBITDA: -$375,993; EBITDA Margin: -4.90%
Net Income: -$408,784; Net Margin: -5.33%
EPS (diluted): -$0.0339; Weighted Avg Shares: 12,052,372
Cash Flow: Net cash from operating activities -$198,583; Net cash used in investing activities -$50,000; Net cash provided by financing activities $185,000; Net change in cash: -$63,583; Ending...
Financial Highlights
Revenue (Q4 2024): $76,663; YoY growth: 206.65%; QoQ growth: 7,566.30%
Gross Profit: $3,763; Gross Margin: 4.91%
Operating Income: -$408,790; Operating Margin: -5.33%
EBITDA: -$375,993; EBITDA Margin: -4.90%
Net Income: -$408,784; Net Margin: -5.33%
EPS (diluted): -$0.0339; Weighted Avg Shares: 12,052,372
Cash Flow: Net cash from operating activities -$198,583; Net cash used in investing activities -$50,000; Net cash provided by financing activities $185,000; Net change in cash: -$63,583; Ending cash: $75,063
Balance Sheet Health: Total assets $986.0m; Total liabilities $741.2m; Total stockholders’ equity $244.8m; Cash & equivalents $75.1m; Current ratio 0.12; Quick ratio 0.12; Inventory 0; Net debt $1.8k; Retained earnings negative $3.872b (illustrative of cumulative losses)
Valuation & Efficiency: Price-to-book 291.95x; Price-to-sales 932.27x; Enterprise value multiple -190.09x; Asset turnover 0.0777; Gross margin below technology/software benchmarks; Operating cash flow yield negative; Free cash flow per share $0.0172 (per ratio table); Operating cash flow per share -$0.0165.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
76.66K |
206.65% |
7 566.30% |
| Gross Profit |
3.76K |
124.46% |
527.17% |
| Operating Income |
-408.79K |
6.64% |
12.72% |
| Net Income |
-408.78K |
8.12% |
12.31% |
| EPS |
-0.03 |
21.16% |
12.40% |
Key Financial Ratios
operatingProfitMargin
-533%
operatingCashFlowPerShare
$-0.02
freeCashFlowPerShare
$0.02
priceEarningsRatio
-43.71
Management Commentary
Notes: The dataset provided includes an earnings transcript array that is empty, and no management-call-specific quotes are included for QQ4 2024. Consequently, key executive commentary, strategic pivots, and management tone from a QQ4 2024 earnings call are not available within the provided data. Summary implications are derived from the disclosed financials and implied strategic signals in the numbers.
Transcript data not available
— N/A
Transcript data not available
— N/A
Forward Guidance
There is no explicit forward guidance published in the supplied data for QQ4 2024. Given the quarterly results, near-term performance hinges on: (1) stabilizing or growing revenue from payout solutions/prepaid card offerings, (2) achieving meaningful opex discipline (notably G&A and SBC) to convert revenue into operating profitability, (3) sustaining liquidity through capital-raising or debt facilities, and (4) monetizing existing assets (including intangible assets) and improving working capital efficiency. If management can reduce SG&A while accelerating high-margin revenue streams, a path toward breakeven or modest profitability could emerge in a 12–18 month horizon. Key factors to monitor include quarterly burn rate, runway from current liquidity, any new partnerships or customer wins, potential equity dilutions, and the pace of capital raising versus cash flow from operations.