BLRX
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -1.43 | -1.74 | -1.31 | -3.40 |
| Price to Sales | 0.59 | 21.01 | ||
| Book Value Per Common Share | 0.01 | 0.01 | 0.06 | 0.10 |
| Price to Book | 847.52 | 5147.54 | 428.31 | 857.14 |
| Price to Operating Cash Flow | -0.39 | -4.46 | -1.16 | -3.82 |
| Price to Free Cash Flow | -0.39 | -4.40 | -1.15 | -3.81 |
| Enterprise Value to EBITDA | 29203419.27 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | |||||
| Price to Sales | 38.45 | 59.35 | 42.90 | 972.73 | 8.67 |
| Book Value Per Common Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Price to Book | 504.00 | 585.90 | 318.28 | 847.52 | 3020.28 |
| Price to Operating Cash Flow | -7.80 | -102.01 | -4.22 | -1337.50 | -4.36 |
| Price to Free Cash Flow | -7.80 | -102.01 | -4.22 | -1337.50 | -4.36 |
| Enterprise Value to EBITDA | 11569503.90 | 36909353.77 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | 502.92 | |||
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 40.46 | 19.22 | -97.83 | 137.69 | |
| EBITDA YoY | 84.26 | ||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 9.80 | 26.78 | 39.60 | 51.71 |
| Quick Ratio | 1.52 | 1.02 | 4.85 | 5.89 |
| Current Ratio | 1.76 | 1.10 | 4.87 | 5.91 |
| Debt to Equity | 1.89 | 3.83 | 0.50 | 0.20 |
| Long-Term Debt to Equity | 0.75 | 0.60 | 0.29 | 0.05 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 5.80 | 7.13 | 7.13 | 0.01 | 14.59 |
| Quick Ratio | 1.90 | 1.84 | 2.02 | 1.52 | 1.33 |
| Current Ratio | 2.09 | 2.06 | 2.27 | 1.76 | 1.52 |
| Debt to Equity | 1.04 | 1.16 | 1.09 | 1.89 | 5.20 |
| Long-Term Debt to Equity | 0.34 | 0.38 | 0.41 | 0.75 | 2.27 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -23.70 | -94.82 | -32.67 | -33.24 |
| ROE | -68.50 | -458.40 | -49.08 | -39.73 |
| Gross Margin | 67.99 | 23.08 | ||
| Operating Margin | -0.51 | -1218.13 | ||
| EBITDA Margin | 13.54 | -1189.29 | ||
| Net Profit Margin | -31.86 | -1262.79 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | -2.45 | -9.11 | 11.78 | -8.19 | -11.04 |
| ROE | -5.00 | -19.63 | 24.58 | -23.68 | -68.45 |
| Gross Margin | 80.33 | 76.32 | 86.67 | 48.17 | 83.37 |
| Operating Margin | -157.61 | -1205.26 | 2175.29 | 10.62 | -84.91 |
| EBITDA Margin | -129.74 | -1147.37 | 2240.00 | 26.39 | -67.91 |
| Net Profit Margin | -228.81 | -1296.05 | 2010.59 | -27.13 | -117.78 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 38,906.00 | 63,925.00 | 76,384.00 | 81,391.00 |
| Current Assets | 27,104.00 | 47,183.00 | 52,001.00 | 57,404.00 |
| Cash and Short-Term Investments | 19,562.00 | 42,994.00 | 51,082.00 | 57,135.00 |
| Cash and Cash Equivalents | 10,436.00 | 4,255.00 | 10,587.00 | 12,990.00 |
| Short-Term Investments | 9,126.00 | 38,739.00 | 40,495.00 | 44,145.00 |
| Net Receivables | 3,863.00 | 708.00 | 721.00 | 142.00 |
| Inventory | 3,145.00 | 1,953.00 | 0 | 0 |
| Other Current Assets | 534.00 | 1,528.00 | 198.00 | 0 |
| Non-Current Assets | 11,802.00 | 16,742.00 | 24,383.00 | 23,987.00 |
| Property, Plant, Equipment Net | 1,353.00 | 1,888.00 | 2,498.00 | 2,283.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 10,449.00 | 14,854.00 | 21,885.00 | 21,704.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Liabilities | 25,445.00 | 50,702.00 | 25,543.00 | 13,304.00 |
| Current Liabilities | 15,406.00 | 42,784.00 | 10,679.00 | 9,719.00 |
| Payables and Expenses | 8,283.00 | 13,803.00 | 8,333.00 | 6,397.00 |
| Account Payables | 5,583.00 | 10,869.00 | 6,966.00 | 5,567.00 |
| Current Accrued Liabilities | 2,700.00 | 2,846.00 | 1,283.00 | 828.00 |
| Short-Term Debt | 5,001.00 | 3,673.00 | 1,969.00 | 2,925.00 |
| Other Current Liabilities | 2,122.00 | 25,308.00 | 377.00 | 397.00 |
| Non-Current Liabilities | 10,039.00 | 7,918.00 | 14,864.00 | 3,585.00 |
| Long-Term Debt | 10,039.00 | 7,918.00 | 10,355.00 | 1,726.00 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 4,509.00 | 1,859.00 |
| Equity | 13,461.00 | 13,223.00 | 50,841.00 | 68,087.00 |
| Shareholders Equity | 13,461.00 | 13,223.00 | 50,841.00 | 68,087.00 |
| Capital Stock | 38,097.00 | 31,355.00 | 27,100.00 | 21,066.00 |
| Share Premium | 353,693.00 | 355,482.00 | 338,976.00 | 339,346.00 |
| Retained Earnings | -399,827.00 | -390,606.00 | -329,992.00 | -305,041.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 16,131.00 | 15,584.00 | 13,349.00 | 11,741.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 15,040.00 | 11,591.00 | 12,324.00 | 4,651.00 |
| Net Debt | 3,001.00 | 5,518.00 | 0 | 0 |
| Common Shares Outstanding | 1,336,670.57 | 1,086,589.17 | 922,958.94 | 715,156.01 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 28,940.00 | 4,800.00 | 0 | 0 |
| Cost Of Revenue | 9,263.00 | 3,692.00 | 0 | 0 |
| Interest Income | 1,820.00 | 2,007.00 | 694.00 | 277.00 |
| Interest Expense | 9,074.00 | 2,144.00 | 1,786.00 | 984.00 |
| Non-Interest Expense | 28,540.00 | 31,229.00 | 11,489.00 | 5,269.00 |
| Gross Profit | 19,677.00 | 1,108.00 | 0 | 0 |
| Operating Expenses | 38,829.00 | 44,099.00 | 29,157.00 | 24,777.00 |
| Selling, General and Administrative Expenses | 28,540.00 | 31,229.00 | 11,489.00 | 5,269.00 |
| Research and Development Expenses | 9,149.00 | 12,519.00 | 17,629.00 | 19,466.00 |
| Operating Income | -19,152.00 | -42,991.00 | -29,157.00 | -24,777.00 |
| Net Non-Operating Income | -530.00 | 235.00 | -755.00 | 106.00 |
| EBT | -9,221.00 | -60,614.00 | -24,951.00 | -27,054.00 |
| Income Tax | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -9,221.00 | -60,614.00 | -24,951.00 | -27,054.00 |
| Net Income | -9,221.00 | -60,614.00 | -24,951.00 | -27,054.00 |
| EBIT | -147.00 | -58,470.00 | -23,165.00 | -26,070.00 |
| Deprecation and Amortization | 4,065.00 | 1,384.00 | 654.00 | 703.00 |
| EBITDA | 3,918.00 | -57,086.00 | -22,511.00 | -25,367.00 |
| EPS | -0.01 | -0.04 | -0.02 | -0.02 |
| Diluted EPS | -0.01 | -0.04 | -0.02 | -0.02 |
| Average Shares Outstanding Basic | 1,996.85 | 1,605.61 | 1,289.93 | 1,104.89 |
| Average Shares Outstanding Diluted | 1,996.85 | 1,605.61 | 1,289.93 | 1,104.89 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -43,873.00 | -22,608.00 | -26,240.00 | -23,573.00 |
| Operating Net Income | -9,221.00 | -60,614.00 | -24,951.00 | -27,054.00 |
| Deprecation and Amortization | 4,065.00 | 1,384.00 | 654.00 | 703.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 1,135.00 | 2,321.00 | 2,245.00 | 1,495.00 |
| Change in Working Capital | -21,818.00 | 15,199.00 | 1,238.00 | -540.00 |
| Other Operating Activities | -18,034.00 | 19,102.00 | -5,426.00 | 1,823.00 |
| Investing Cash Flow | 29,374.00 | 1,444.00 | 4,006.00 | -38,224.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -53.00 | -116.00 | -131.00 | -97.00 |
| Net Purchase/Sale of Investments Net | 29,428.00 | 1,741.00 | 4,322.00 | -38,127.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | -1.00 | -181.00 | -185.00 | 0.00 |
| Financing Cash Flow | 20,658.00 | 15,056.00 | 20,438.00 | 57,749.00 |
| Net Issuance/Repayment of Debt | 4,279.00 | -1,988.00 | 6,074.00 | -3,572.00 |
| Net Issuance/Repurchase of Equity | 16,357.00 | 14,089.00 | 14,359.00 | 50,407.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 22.00 | 2,955.00 | 5.00 | 10,914.00 |
| Net Change in Cash | 6,159.00 | -6,108.00 | -1,796.00 | -4,048.00 |
| Cash at Beginning of Period | 4,255.00 | 10,587.00 | 12,990.00 | 16,831.00 |
| Cash at End of Period | 10,436.00 | 4,255.00 | 10,587.00 | 12,990.00 |
| Free Cash Flow | -43,927.00 | -22,905.00 | -26,556.00 | -23,670.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 39,804.00 | 43,267.00 | 43,510.00 | 38,906.00 | 52,742.00 |
| Current Assets | 28,524.00 | 31,862.00 | 31,917.00 | 27,104.00 | 37,849.00 |
| Cash and Short-Term Investments | 25,212.00 | 28,159.00 | 26,369.00 | 19,562.00 | 29,173.00 |
| Cash and Cash Equivalents | 7,914.00 | 7,189.00 | 9,036.00 | 10,436.00 | 8,836.00 |
| Short-Term Investments | 17,298.00 | 20,970.00 | 17,333.00 | 9,126.00 | 20,337.00 |
| Net Receivables | 699.00 | 281.00 | 1,921.00 | 3,863.00 | 3,961.00 |
| Inventory | 2,181.00 | 2,850.00 | 3,315.00 | 3,145.00 | 3,544.00 |
| Other Current Assets | 432.00 | 572.00 | 312.00 | 534.00 | 1,171.00 |
| Non-Current Assets | 11,280.00 | 11,405.00 | 11,593.00 | 11,802.00 | 14,893.00 |
| Property, Plant, Equipment Net | 892.00 | 997.00 | 1,162.00 | 1,353.00 | 1,647.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 10,449.00 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0.00 | 0 |
| Liabilities | 20,271.00 | 23,195.00 | 22,648.00 | 25,445.00 | 44,237.00 |
| Current Liabilities | 13,669.00 | 15,479.00 | 14,030.00 | 15,406.00 | 24,962.00 |
| Payables and Expenses | 5,664.00 | 6,232.00 | 6,444.00 | 8,283.00 | 8,003.00 |
| Account Payables | 3,537.00 | 3,465.00 | 4,693.00 | 5,583.00 | 4,633.00 |
| Current Accrued Liabilities | 2,127.00 | 2,767.00 | 1,751.00 | 2,700.00 | 3,370.00 |
| Short-Term Debt | 4,776.00 | 4,887.00 | 5,124.00 | 5,001.00 | 10,339.00 |
| Other Current Liabilities | 3,229.00 | 4,360.00 | 2,462.00 | 2,122.00 | 6,620.00 |
| Non-Current Liabilities | 6,602.00 | 7,716.00 | 8,618.00 | 10,039.00 | 19,275.00 |
| Long-Term Debt | 6,602.00 | 7,716.00 | 8,618.00 | 10,039.00 | 19,275.00 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity | 19,533.00 | 20,072.00 | 20,862.00 | 13,461.00 | 8,505.00 |
| Shareholders Equity | 19,533.00 | 20,072.00 | 20,862.00 | 13,461.00 | 8,505.00 |
| Capital Stock | 73,428.00 | 71,819.00 | 62,570.00 | 38,097.00 | 34,430.00 |
| Share Premium | 327,257.00 | 327,475.00 | 333,627.00 | 353,693.00 | 353,005.00 |
| Retained Earnings | -399,617.00 | -398,640.00 | -394,700.00 | -399,827.00 | -396,640.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 14,779.00 | 15,732.00 | 15,679.00 | 16,131.00 | 16,302.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 11,378.00 | 12,603.00 | 13,742.00 | 15,040.00 | 29,614.00 |
| Net Debt | 2,164.00 | 4,008.00 | 3,281.00 | 3,001.00 | 18,968.00 |
| Common Shares Outstanding | 2,610,814.39 | 2,557,611.19 | 2,232,601.99 | 1,336,670.57 | 1,199,859.20 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 427.00 | 304.00 | 255.00 | 11,749.00 | 4,943.00 |
| Cost Of Revenue | 84.00 | 72.00 | 34.00 | 6,089.00 | 822.00 |
| Interest Income | 377.00 | 490.00 | 294.00 | 286.00 | 434.00 |
| Interest Expense | 304.00 | 276.00 | 420.00 | 4,435.00 | 1,625.00 |
| Non-Interest Expense | 831.00 | 209.00 | 989.00 | 5,825.00 | 6,943.00 |
| Gross Profit | 343.00 | 232.00 | 221.00 | 5,660.00 | 4,121.00 |
| Operating Expenses | 2,550.00 | 2,535.00 | 2,612.00 | 8,830.00 | 9,508.00 |
| Selling, General and Administrative Expenses | 831.00 | 209.00 | 989.00 | 5,825.00 | 6,943.00 |
| Research and Development Expenses | 1,719.00 | 2,326.00 | 1,623.00 | 1,865.00 | 2,565.00 |
| Operating Income | -2,207.00 | -2,303.00 | -2,391.00 | -3,170.00 | -5,387.00 |
| Net Non-Operating Income | 1,157.00 | -1,851.00 | 7,644.00 | -13,583.00 | 756.00 |
| EBT | -977.00 | -3,940.00 | 5,127.00 | -3,187.00 | -5,822.00 |
| Income Tax | 0 | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -977.00 | -3,940.00 | 5,127.00 | -3,187.00 | -5,822.00 |
| Net Income | -977.00 | -3,940.00 | 5,127.00 | -3,187.00 | -5,822.00 |
| EBIT | -673.00 | -3,664.00 | 5,547.00 | 1,248.00 | -4,197.00 |
| Deprecation and Amortization | 119.00 | 176.00 | 165.00 | 1,852.00 | 840.00 |
| EBITDA | -554.00 | -3,488.00 | 5,712.00 | 3,100.00 | -3,357.00 |
| EPS | 0 | 0 | 0 | 0 | 0 |
| Average Shares Outstanding Basic | 4,345.04 | 3,949.48 | 3,696.21 | 0 | 1,999.14 |
| Average Shares Outstanding Diluted | 4,345.04 | 3,949.48 | 3,696.21 | 0 | 1,999.14 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | -2,106.00 | -177.00 | -2,591.00 | -8,610.00 | -9,825.00 |
| Operating Net Income | -977.00 | -3,940.00 | 5,127.00 | -3,187.00 | -5,822.00 |
| Deprecation and Amortization | 119.00 | 176.00 | 165.00 | 1,852.00 | 840.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 101.00 | 53.00 | 194.00 | -154.00 | 319.00 |
| Change in Working Capital | -177.00 | 1,870.00 | -513.00 | -410.00 | -3,434.00 |
| Other Operating Activities | -1,172.00 | 1,664.00 | -7,564.00 | -6,711.00 | -1,728.00 |
| Investing Cash Flow | 3,673.00 | -3,704.00 | -8,177.00 | 11,157.00 | 10,175.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -11.00 | 11.00 | 0 | 6.00 | 0 |
| Net Purchase/Sale of Investments Net | 3,684.00 | -3,715.00 | -8,177.00 | 11,152.00 | 10,175.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 |
| Financing Cash Flow | -916.00 | 1,602.00 | 9,450.00 | -1,109.00 | -1,218.00 |
| Net Issuance/Repayment of Debt | -1,256.00 | -1,255.00 | -1,247.00 | -12,103.00 | -1,038.00 |
| Net Issuance/Repurchase of Equity | 340.00 | 2,857.00 | 10,697.00 | 10,999.00 | -207.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0.00 | 0.00 | 0.00 | -5.00 | 27.00 |
| Net Change in Cash | 651.00 | -2,279.00 | -1,318.00 | 1,438.00 | -868.00 |
| Cash at Beginning of Period | 7,189.00 | 9,036.00 | 10,436.00 | 8,836.00 | 9,623.00 |
| Cash at End of Period | 7,914.00 | 7,189.00 | 9,036.00 | 10,436.00 | 8,836.00 |
| Free Cash Flow | -2,106.00 | -177.00 | -2,591.00 | -8,605.00 | -9,825.00 |