Big Sky Industrial Inc. (BSIN)

From the record

Big Sky Industrial Inc.'s filings since 2017 show 22 warning events of 4 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2019-02-26); a notice about its exchange listing (8-K item 3.01, 10 times, the latest 2024-09-20); an auditor change (8-K item 4.01, 5 times, the latest 2023-06-16); a late-report notice (Form NT 10-K or NT 10-Q, 6 times, the latest 2023-03-31) (its current reports).

From the record

Big Sky Industrial Inc.'s 9 filed years say what it did: revenue went from $7 million in fiscal 2017 to $7 million in fiscal 2025, up 1.5% a year; it rose in 3 of 8 years; the deepest fall was 83% from fiscal 2022 to fiscal 2025; net income was positive in 0 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Big Sky Industrial Inc.'s diluted share count grew about 11.1% a year, and dividends and buybacks returned about 91% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 1 purchase of their own stock on the open market in the year to 2026-09-30, buying about $13 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Big Sky Industrial Inc. lost about 59 cents for every dollar of shareholders' money. Leverage: it owed about 40 cents per dollar of assets, and net share issuance: its share count grew 26.6% over the year (the filed statements).

From the record

Big Sky Industrial Inc.'s standing among 76 graded names in its industry family: revenue of $7 million in fiscal 2025 ranks in the bottom 11% by size; a net margin of -195.5% ranks in the bottom 7%; revenue growth of -45.1% a year over the last 3 filed years ranks in the bottom 1% (its annual reports).

From the record

Big Sky Industrial Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Smith, Ryan Lewis (CEO, as filed), filing under that title since 2020-01-30, 6.8 years (top 16% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 5.9 years (bottom 49%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 30%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Big Sky Industrial Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $429 thousand against no long-term debt tagged leaves 1.1% of its assets as net cash, top 26% of its family; cash from operations less capital spending is -97.1% of revenue (bottom 7%) (its annual report).

From the record

Big Sky Industrial Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -45.1% a year over the last three filed years against 1.5% over all 9, slowing (bottom 2% of its family); the newest year grew -64.4% (bottom 1%); capital spending grew 7.8% a year (bottom 48%) (its annual reports). Big Sky Industrial Inc. reported 2 product lines in fiscal 2025: Oil Sales at $6 million (87%), Natural Gas Midstream at $975 thousand (13%); 0 of 2 grew against the year before (its annual report).

From the record

Big Sky Industrial Inc.'s newest year against its own record: revenue of $7 million in fiscal 2025 came in 47.6% below the $14 million its prior three years' pace pointed to (bottom 1% of its family); net income of $14 million against a prior three-year average of $20 million (top 20%); a net margin of a loss larger than its revenue against -75.5% before (bottom 5%) (its annual reports).