BNB Plus Corp. Common Stock (BNBX)

FairStock Score: 37/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett/Graham investor, I start with business quality. BNB Plus is a small asset manager/digital asset treasury firm with a DNA/RNA technology angle. That mix is hard to understand and shows no durable competitive advantage. The financials are ugly. In fiscal Q3 2026, the quarter ended 2026-06-30, revenue was $605,306 and net loss was $4.7 million. In fiscal Q2 2026, the quarter ended 2026-03-31, revenue was $1.0 million and net loss was $6.7 million. In fiscal Q1 2026, the quarter ended 2025-12-31, net loss was $18.6 million. FY2025 revenue was $2.1 million with a $15.2 million loss; FY2024 was $2.1 million revenue and $7.0 million loss; FY2023 was $13.4 million revenue and $9.9 million loss. The company has not earned a profit in the last four years, and the supplied Lynch category is none. Trailing free cash flow is -$13.6 million, and FairStock’s FCF yield is -1689.7% against an $805,639 market cap. FairStock calculations show ROE of -439.47%, ROCE of -160.63%, Altman Z of -41.54, and Piotroski 4/9. No debt (D/E 0.00) is a small comfort, but cash burn is the central problem. At the 2026-10-13 close of $0.13, FairStock’s P/B is 0.08 and its Graham Number is $76.40, a 99.83% margin of safety. That looks statistically cheap, but book value can vanish through losses. A low price is not a bargain if the business cannot earn money. I see speculation, not a value investment.

In plain English: BNB Plus Corp. runs digital asset treasury services and also works with DNA and RNA technology. The business looks weak: it has lost money in each of the last four years and burned cash. At 13 cents a share, the price looks very low compared with some accounting measures, but the losses make that cheapness uncertain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-06-30) · fiscal Q2 2026 10-Q (period ended 2026-03-31) · fiscal Q1 2026 10-Q (period ended 2025-12-31) · fiscal Q3 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-09-30) · FY2024 10-K (period ended 2024-09-30) · FY2023 10-K (period ended 2023-09-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer