Financial Statements — BLDP
Balance Sheet
(in billions USD)| Metric | FY
2025 | FY
2024 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Cash & Equivalents | 0.53 | 0.60 | 0.91 | 1.12 | 0.76 | 0.15 |
| Inventory | 0.04 | 0.06 | 0.06 | 0.05 | 0.03 | 0.03 |
| Total Current Assets | 0.60 | 0.70 | 1.03 | 1.23 | 0.85 | 0.23 |
| Goodwill | -- | 0.00 | 0.06 | 0.06 | 0.04 | 0.04 |
| Total Non-current Assets* | 0.08 | 0.08 | 0.22 | 0.21 | 0.12 | 0.11 |
| Total Assets | 0.68 | 0.78 | 1.25 | 1.44 | 0.98 | 0.34 |
| Total Current Liabilities | 0.06 | 0.08 | 0.07 | 0.08 | 0.05 | 0.06 |
| Total Non-current Liabilities* | 0.03 | 0.03 | 0.01 | 0.03 | 0.02 | 0.03 |
| Total Liabilities | 0.09 | 0.10 | 0.09 | 0.11 | 0.07 | 0.09 |
| Retained Earnings | (2.15) | (2.06) | (1.56) | (1.39) | (1.28) | (1.22) |
| Total Stockholder Equity | 0.59 | 0.67 | 1.16 | 1.33 | 0.90 | 0.25 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Total Revenue | 99.37 | 69.73 | 83.79 | 104.51 | 103.88 | 106.33 |
| Cost of Revenue* | 93.91 | 91.71 | 96.88 | 90.49 | 82.89 | 83.73 |
| Gross Profit | 5.46 | (21.98) | (13.09) | 14.01 | 20.98 | 22.60 |
| Research & Development | 58.74 | 94.49 | 95.95 | 62.16 | 35.52 | 26.93 |
| Total Operating Expenses* | 108.92 | 161.32 | 145.80 | 102.12 | 60.75 | 49.99 |
| Operating Income | (103.46) | (183.30) | (158.90) | (88.10) | (39.76) | (27.39) |
| Pretax Income | (90.86) | (323.41) | (177.03) | (114.61) | (49.34) | (39.03) |
| Tax Provision | 0.05 | 0.12 | (3.54) | (0.22) | 0.13 | 0.02 |
| Net Income | (90.91) | (324.24) | (173.49) | (114.23) | (51.38) | (39.05) |
| Basic EPS | (0.30) | (1.08) | (0.58) | (0.39) | -- | -- |
| Diluted EPS | (0.30) | (1.08) | (0.58) | (0.39) | -- | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Operating Cash Flow | (56.17) | (108.10) | (132.17) | (80.48) | (42.93) | (14.23) |
| Investing Cash Flow | (20.94) | (36.51) | (75.56) | (85.63) | (36.39) | (32.75) |
| Financing Cash Flow | (2.58) | (1.53) | (2.41) | 526.91 | 696.53 | 2.57 |
