Biddance AI Systems, Inc. is a US-listed company in the application software industry. Its financial year ends in December.
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Biddance AI Systems, Inc. valuation: adjust assumptions and compare models →
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months was $7m, up 125.0% on a year earlier, against a decline of 36.3% a quarter earlier. Operating margin narrowed to -27.4% from 32.6%. The diluted share count is up 2.1% on a year earlier, which dilutes existing holders. It passes 2 of our 3 financial-health checks.
Our model value for Biddance AI Systems is under review, so past values are not shown until it is resolved.
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Biddance AI Systems, Inc.'s trailing-twelve-month revenue grew 125.0% year on year, with a free-cash-flow margin of -28.0%.
Current signal Revenue growth accelerating: TTM revenue growth rose to 125.0% (+161.3pp vs the prior quarter).
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for BDAI from the sources we follow. See filings →
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Biddance AI Systems, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.82 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | ~$0.1 ~$0.3–$0.8 | Left out: out of range vs price (0.02x) |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$2.5 ~$1.6–$4.0 | Included |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$1.8 ~$1.5–$2.2 | Included |
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Biddance AI Systems, Inc. with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
| At fiscal year end | 2023 | 2024 | 2025 |
|---|---|---|---|
| Share price | $3937.50 | $1787.50 | $2787.50 |
| Market value | $32.7bn | $15.1bn | $24.0bn |
| + Net debt (− = net cash) | −$9m | −$7m | −$4m |
| Enterprise value | $32.6bn | $15.1bn | $24.0bn |
| Multiples | |||
| Price / sales | n/m | n/m | n/m |
| Price / earnings | n/m | — | n/m |
| Price / free cash flow | — | — | — |
| EV / EBITDA | n/m | — | — |
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: High.
No analyst estimates are published for Biddance AI Systems, Inc.: too few analysts cover it.
| Calendar year | 2024 | 2025 | 2026 to date |
|---|---|---|---|
| Return | |||
| BDAI | −55% | +56% | −100% |
| Industry peers (median) | +2% | −21% | −14% |
| S&P 500 | +25% | +18% | +11% |
| Months that ended higher | |||
| BDAI | 33% | 58% | 9% |
| S&P 500 | 75% | 75% | 46% |
| Largest fall from a high during the year | |||
| BDAI | −72% | −68% | −100% |
| S&P 500 | −8% | −19% | −9% |
Worst fall since March 31, 2023: 100% from August 24, 2023 to October 23, 2026. Getting back needed a 6406935% gain, and the shares have not yet recovered.
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | Revenue (TTM) |
|---|---|
| FY18 Q4 | $6.9M |
| FY19 Q4 | $6.9M |
| FY20 Q4 | $5.8M |
| FY21 Q4 | $6.5M |
| FY22 Q4 | $6.4M |
| FY23 Q4 | $4.6M |
| FY24 Q4 | $2.9M |
| FY25 Q4 | $6.5M |
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY19 Q4 | 0.3% |
| FY20 Q4 | -16.3% |
| FY21 Q4 | 11.3% |
| FY22 Q4 | -0.5% |
| FY23 Q4 | -29.0% |
| FY24 Q4 | -36.3% |
| FY25 Q4 | 125.0% |
Source: SEC EDGAR filings. Retrieved Invalid Date.
| Period | Operating margin (TTM) |
|---|---|
| FY18 Q4 | 40.6% |
| FY19 Q4 | 31.6% |
| FY20 Q4 | 30.2% |
| FY21 Q4 | 32.6% |
| FY22 Q4 | 25.3% |
| FY23 Q4 | 2.2% |
| FY24 Q4 | -60.1% |
| FY25 Q4 | -27.4% |
| Fiscal year | 2018 Dec 2018 | 2019 Dec 2019 | 2020 Dec 2020 | 2021 Dec 2021 | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 6,916 | 6,934 | 5,805 | 6,461 | 6,429 | 4,564 | 2,905 | 6,536 |
| Gross profit | 3,876 | 3,745 | 3,171 | 3,880 | 3,537 | 1,921 | 1,006 | 690 |
| EBITDA | 2,880 | 2,572 | 2,132 | 2,459 | 1,649 | 152 | −1,488 | −1,497 |
| Operating income | 2,805 | 2,192 | 1,754 | 2,104 | 1,627 | 101 | −1,747 | −1,791 |
| Net income | 2,220 | 2,019 | 1,689 | 1,669 | 1,416 | 1,048 | −897 | 180 |
| Diluted EPS | $0.20 | $0.18 | $0.15 | $0.15 | $0.13 | $0.13 | −$0.11 | $0.02 |
| Growth (year on year) | ||||||||
| Revenue | — | +0.3% | −16.3% | +11.3% | −0.5% | −29.0% | −36.3% | +125.0% |
| EBITDA | — | −10.7% | −17.1% | +15.3% | −32.9% | −90.8% | <−999% | — |
| Operating income | — | −21.8% | −20.0% | +19.9% | −22.6% | −93.8% | <−999% | — |
| Net income | — | −9.0% | −16.4% | −1.2% | −15.2% | −26.0% | −185.6% | — |
| Diluted EPS | — | −10.0% | −16.7% | 0.0% | −13.3% | 0.0% | −184.6% | — |
| Margins | ||||||||
| Gross margin | 56.1% | 54.0% | 54.6% | 60.1% | 55.0% | 42.1% | 34.6% | 10.6% |
| EBITDA margin | 41.6% | 37.1% | 36.7% | 38.1% | 25.7% | 3.3% | −51.2% | −22.9% |
| Operating margin | 40.6% | 31.6% | 30.2% | 32.6% | 25.3% | 2.2% | −60.1% | −27.4% |
| Net margin | 32.1% | 29.1% | 29.1% | 25.8% | 22.0% | 23.0% | −30.9% | 2.8% |
| Free-cash-flow margin | — | — | — | — | — | −5.4% | −23.7% | −23.5% |
| Cash flow | ||||||||
| Cash from operations | 321 | 43 | 1,933 | −215 | 3,824 | −62 | −689 | −1,536 |
| Capital spending | — | — | — | — | — | 186 | 0 | 0 |
| Free cash flow | — | — | — | — | — | −248 | −689 | −1,536 |
| Balance sheet | ||||||||
| Cash | 740 | 776 | 1,862 | 2,091 | 1,203 | 9,312 | 7,237 | 3,612 |
| Total debt | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Net debt (negative = net cash) | −740 | −776 | −1,862 | −2,091 | −1,203 | −9,312 | −7,237 | −3,612 |
| Diluted shares | 11m | 11m | 11m | 11m | 11m | 8m | 8m | 9m |
| Last 12 months unless stated | BDAI | BKYI | AUR | RYET | AZ | IVDA | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $7m | $7m | $7m | $7m | $8m | $5m | $479m |
| Revenue growth, last 12 months | 125.0% | −3.1% | 250.0% | 11.9% | 47.0% | −36.0% | 12.0% |
| Revenue growth, 3-year average | — | −2.6% | −61.6% | — | — | −17.8% | 11.1% |
| Revenue growth, latest quarter | — | 13.1% | 200.0% | — | — | −47.5% | 11.9% |
| Gross margin | 10.6% | 81.3% | −285.7% | 25.2% | 13.8% | 32.2% | 69.2% |
| Operating margin | −27.4% | −86.4% | <−999% | −97.8% | −461.4% | −68.5% | 1.1% |
| Operating margin, 3-year average | — | −78.8% | <−999% | — | — | −79.8% | −0.8% |
| Net margin | 2.8% | −90.1% | <−999% | −105.0% | −477.6% | −69.2% | 2.2% |
| Cash from operations / revenue | −23.5% | −62.1% | <−999% | −122.3% | −289.9% | −64.1% | 18.1% |
| Free-cash-flow margin | −28.0% | −62.1% | <−999% | −123.2% | −295.6% | −64.1% | 14.9% |
| Free-cash-flow margin, 3-year average | — | −51.2% | <−999% | — | — | −94.3% | 16.2% |
| Stock pay / revenue | — | 2.6% | >999% | 6.0% | 257.7% | 1.4% | 9.3% |
| Change in share count | 2.1% | 76.2% | 10.1% | 14.1% | 73.0% | 2.4% | 2.2% |
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Jane Street Group, Llc 10% owner | June 4, 2026 | Sell | 169,820 | $0.33 | $56,041 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Sell | 20 | $1.74 | $35 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Sell | 1,000 | $1.74 | $1,740 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Sell | 100 | $1.74 | $174 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Sell | 5 | $1.74 | $9 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Buy | 1 | $1.72 | $2 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Sell | 290 | $1.70 | $493 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Sell | 25 | $1.71 | $43 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Sell | 136 | $1.72 | $234 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Sell | 47 | $1.66 | $78 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Sell | 2 | $1.66 | $3 |
| Jane Street Group, Llc 10% owner | June 2, 2026 | Buy | 40 | $1.66 | $66 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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