BGLC - BioNexus Gene Lab C... Stock Analysis | Stock Taper
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BioNexus Gene Lab Corp.

BGLC

BioNexus Gene Lab Corp. NASDAQ
$2.52 -7.59% (-0.21)

Market Cap $4.89 M
52w High $15.60
52w Low $1.92
P/E -1.97
Volume 19.56K
Outstanding Shares 1.80M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.54M $1.08M $-708.99K -27.87% $-0.39 $-665.64K
Q2-2025 $2.26M $979.32K $-616.17K -27.26% $-0.34 $-569.56K
Q1-2025 $2.14M $961.91K $-623.33K -29.17% $-0.35 $-546.92K
Q4-2024 $2.52M $725.45K $-348.32K -13.8% $-0.19 $-373.2K
Q3-2024 $2.63M $1.66M $-1.35M -51.15% $-0.75 $-1.29M

What's going well?

Sales are up 12% from last quarter, showing strong demand. Gross profit also improved slightly, and there are no big one-time charges distorting results.

What's concerning?

Losses are growing, with net loss and operating loss both increasing. Margins are getting squeezed, and the company is still far from profitability.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $2.89M $7.62M $804.97K $6.82M
Q2-2025 $3.06M $9.42M $1.9M $7.52M
Q1-2025 $3.6M $9.48M $1.71M $7.77M
Q4-2024 $4.38M $10.43M $2.11M $8.32M
Q3-2024 $4.14M $11M $1.61M $9.39M

What's financially strong about this company?

The company holds a lot of cash, has very little debt, and can easily pay all its bills. Most assets are high quality and tangible, and working capital is managed efficiently.

What are the financial risks or weaknesses?

Total assets and equity are shrinking, and the company has a history of losses shown by negative retained earnings. Book value per share is down, which could worry investors if the trend continues.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-708.99K $-1.23M $990.45K $34.19K $-164.22K $-1.24M
Q2-2025 $-616.17K $-737.91K $-28.53K $-1.03K $-552.25K $-759.37K
Q1-2025 $-623.33K $-824.07K $-15.65K $-860 $-797.53K $-833.12K
Q4-2024 $-348.32K $-54.32K $485.68K $139.61K $240.21K $-58.34K
Q3-2024 $-1.35M $-1.42M $-221.94K $-196.98K $-1.28M $-1.62M

What's strong about this company's cash flow?

The company still has nearly $2.9 million in cash and no debt, so it isn't immediately at risk of running out of money. No dilution or new debt means existing shareholders aren't being diluted yet.

What are the cash flow concerns?

Cash burn from operations is rising fast, now over $1.2 million per quarter, and working capital is draining cash even more. If this continues, the company will need to raise money or cut spending soon.

Revenue by Geography

Region Q1-2025Q2-2025Q3-2025
INDONESIA
INDONESIA
$0 $0 $0
MALAYSIA
MALAYSIA
$0 $0 $0
SINGAPORE
SINGAPORE
$0 $0 $0
SRI LANKA
SRI LANKA
$0 $0 $0

5-Year Trend Analysis

A comprehensive look at BioNexus Gene Lab Corp.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

Key strengths include a differentiated technology portfolio in early diagnostics and cancer monitoring, exclusive regional rights to an important MRD platform, and a strong focus on affordability in a large, underserved healthcare market. The company benefits from a secondary, more traditional chemicals business that can help support operations, and from a balance sheet that, while weakening, still carries low debt and reasonable liquidity. Partnerships in AI and therapeutics add optionality and broaden the potential opportunity set beyond diagnostics alone.

! Risks

Major risks revolve around financial sustainability and execution. The company has experienced several years of declining revenue, shrinking margins, and deepening losses, leading to negative free cash flow and erosion of equity. Cash reserves are falling and liquidity ratios, while still comfortable, are moving down, increasing the importance of securing additional capital or quickly improving operations. Competitive and regulatory risks are also significant: large global players, evolving technologies, clinical validation requirements, and reimbursement hurdles could slow adoption or compress pricing. Recent reverse stock splits highlight the pressure the company has faced in public markets and hint at ongoing capital‑market sensitivity.

Outlook

The outlook is that of a high‑potential but high‑risk transition story. Strategically, BGLC is pivoting from a relatively simple distribution business toward becoming a regional precision‑medicine and biotech player, with promising technologies and partnerships in its pipeline. Financially, however, the company is in a weak position, with negative earnings, heavy cash burn, and a shrinking buffer on the balance sheet. Future performance will depend heavily on its ability to stabilize and grow revenue, successfully launch and scale its key diagnostic platforms, manage costs, and maintain access to funding. Until there is clear evidence of commercial traction and improving cash generation, the path forward remains uncertain and execution‑dependent.