Revenue: As of FY2025, the actual value is USD -7.943 M.

EPS: As of FY2025, the actual value is USD 0.06.

EBIT: As of FY2025, the actual value is USD -9.321 M.

Segment Revenue

• Ben Liquidity: Revenue is primarily generated through monthly interest income and transaction fees from the Customer ExAlt Trusts in connection with providing liquidity and primary capital products to customers.
• Ben Custody: Revenue is generated through transaction fees and quarterly fee income earned by providing full-service trust administration services to the trustees of the Customer ExAlt Trusts.

Operational Metrics

• Net Income: The company reported a net loss of $0.8 million for the year ended March 31, 2025, with an accumulated deficit of $2.0 billion as of March 31, 2025.
• Gross Margin: Not explicitly detailed in the reference.
• Operating Profit: Not explicitly detailed in the reference.
• Operating Margin: Not explicitly detailed in the reference.
• Operating Costs: Not explicitly detailed in the reference.

Cash Flow

• Operating Cash Flow: The company has not historically generated positive cash flow from operations on a consolidated basis and may not generate positive cash flow from operations in the near term.
• Free Cash Flow: Not explicitly detailed in the reference.

Unique Metrics

• ExAlt Loans: As of March 31, 2025, Ben Liquidity’s loan portfolio consisted of loans to the Customer ExAlt Trusts with a carrying value (including capitalized interest) of $244.0 million.
• ExAlt Loan Collateral Portfolio: Consisted of interests in professionally managed funds and other investments held by the Customer ExAlt Trusts with an aggregate value of $291.4 million as of March 31, 2025.

Outlook / Guidance

• The company plans to expand its capabilities under Ben Custody and provide additional products and services through Ben Insurance Services and Ben Markets in the future.
• The company intends to continue pursuing growth through technological innovation and expects to use a blended approach of proprietary and third-party enterprise applications to provide a robust and scalable systems infrastructure.
• The company is exploring raising additional capital through a combination of debt financing and/or equity financing to supplement its capitalization and liquidity.