Armlogi Holding vs Bingex
Bingex is the larger business, with $555m of revenue in fiscal 2025 against $186m for Armlogi Holding (3.0 times as much). Armlogi Holding grew faster (-2.4% against -10.6%). Bingex kept more of each dollar of sales as profit: a net margin of 2.7% against -11.2%.
| Latest fiscal year | Armlogi HoldingBTOC, 2026 | BingexFLX, 2025 |
|---|---|---|
| Revenue | $186m | $555m |
| Revenue growth | -2.4% | -10.6% |
| Net income | −$20.9m | $15.2m |
| Operating margin | -11.6% | — |
| Net margin | -11.2% | 2.7% |
| Return on equity | -126.1% | 13.7% |
| Free cash flow | −$7.0m | $13.8m |
| Cash | $2.2m | $80.2m |
| Total debt | $133,951 | $0 |
| Debt to equity | 1.7% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $7.6m |
| Employees | 161 | — |
| Market value | $110m | $104m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |