FLX
BingEx Ltd
NASDAQ: FLX · INDUSTRIALS · INTEGRATED FREIGHT & LOGISTICS
$2.78
-0.71% today
Updated 2026-04-29
Market cap
$224.77M
P/E ratio
13.74
P/S ratio
0.06x
EPS (TTM)
$0.23
Dividend yield
—
52W range
$2 – $4
Volume
0.2M
BingEx Ltd (FLX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.69B | $2.01B | $3.04B | $4.00B | $4.53B | $4.47B | $3.88B |
| Revenue growth (YoY) | — | +19.2% | +50.9% | +31.7% | +13.1% | -1.3% | -13.1% |
| Cost of revenue | $1.71B | $1.83B | $2.85B | $3.74B | $4.13B | $3.98B | $3.43B |
| Gross profit | $-16.98M | $189.22M | $189.11M | $259.26M | $394.56M | $490.56M | $456.32M |
| Gross margin | -1.0% | 9.4% | 6.2% | 6.5% | 8.7% | 11.0% | 11.8% |
| R&D | $96.77M | $100.21M | $104.77M | $118.62M | $90.85M | $143.86M | $82.17M |
| SG&A | $77.49M | $85.42M | $113.22M | $102.64M | $104.81M | $148.55M | $338.32M |
| Operating income | $-441.30M | $-215.47M | $-300.51M | $-202.48M | $10.65M | $-25.78M | $45.04M |
| Operating margin | -26.1% | -10.7% | -9.9% | -5.1% | 0.2% | -0.6% | 1.2% |
| EBITDA | $-438.72M | $-212.22M | $-296.23M | $-197.02M | $15.54M | $-22.81M | $45.04M |
| EBITDA margin | -25.9% | -10.5% | -9.7% | -4.9% | 0.3% | -0.5% | 1.2% |
| EBIT | $-441.30M | $-215.47M | $-300.51M | $-202.48M | $10.65M | $-25.78M | — |
| Interest expense | — | — | — | — | — | — | — |
| Income tax | — | — | — | — | — | $69000.00 | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -0.0% | 0.0% |
| Net income | $-435.63M | $-205.70M | $-291.00M | $-180.44M | $110.50M | $-146.48M | $106.45M |
| Net income growth (YoY) | — | +52.8% | -41.5% | +38.0% | +161.2% | -232.6% | +172.7% |
| Profit margin | -25.8% | -10.2% | -9.6% | -4.5% | 2.4% | -3.3% | 2.7% |