Sangrix Inc. (SGRX) AI Stock Analysis
SGRX AI stock analysis summary
AI ResearchSangrix Inc. (SGRX) is a Singapore-based cryptocurrency mining and blockchain technology company with 5 employees. In FY2025, the company generated $39,495 in revenue, down 98.6% from the prior fiscal year, alongside net income of -$4.4M. The company maintains a market capitalization of $1.7M and total debt of $10.6M.
- Market cap
- $1.7M
- Revenue (TTM)
- $39,495
- P/E
- —
- 1Y return
- -99.3% S&P 500 16.8%
- Avg. target
- —
Bull case
- Sangrix maintained a current ratio of 6.98 as of June 30, 2026, indicating short-term assets exceed short-term liabilities.
- The stock traded at a price-to-book multiple of 0.1x based on shareholders' equity of $9.8M.
- The business demonstrated significant revenue expansion in FY2023, growing 3155.0% to $6.3M.
Bear case
- Revenue fell 98.6% in FY2025 to $39,495, contributing to a 5-year revenue CAGR of -79.1% from FY2019 to FY2025.
- Total debt of $10.6M significantly exceeds cash and short-term investments of $1.6M as of June 30, 2026.
- The company's share count increased by 14840.0% over the 5-year period recorded in FY2026.
What Sangrix does
Sangrix Inc. engages in the cryptocurrency mining business by deploying crypto asset mining and blockchain technologies. Incorporated in 2018 and headquartered in Singapore, the organization operates with 5 employees. The firm was formerly known as Bit Origin Ltd. before changing its corporate name to Sangrix Inc. in September 2026. Its core business activities are centered around operating crypto asset mining infrastructure and leveraging related blockchain technologies.
Growth and profitability
In FY2020, Sangrix reported revenue of $24.2M and net income of -$4.9M. In FY2022, revenue fell 99.2% to $192,351, while net income reached $3.2M. Revenue rebounded 3155.0% to $6.3M in FY2023, but subsequently dropped 53.9% to $2.9M in FY2024 with net income of -$17.5M. For FY2025, revenue fell 98.6% to $39,495, with an operating margin of -7574.9% and net income of -$4.4M. Across the 5-year span from FY2019 to FY2025, revenue contracted at a CAGR of -79.1%. For the trailing twelve months ended March 31, 2026, revenue stood at $39,495 with an EPS of -$70.43.
Balance sheet and cash flow
As of June 30, 2026, Sangrix held $1.6M in cash and short-term investments against total debt of $10.6M, resulting in net debt of $9.1M. Total assets stood at $21.2M, with shareholders' equity at $9.8M and a current ratio of 6.98. The company's debt-to-equity ratio was 1.08. Free cash flow was -$2.3M in FY2025, reflecting operating cash flow of -$2.3M. In FY2026, the 5-year change in share count was 14840.0%.
Valuation and performance
Sangrix trades at a market capitalization of $1.7M and an enterprise value of $10.4M. Its price-to-sales multiple is 8.8x, compared to a median of 2.8x for its US-listed Technology peers. The company has a price-to-book ratio of 0.1x and an EV to revenue multiple of 389.0x. Over the past year, the stock returned -99.3%, trailing the 16.8% return of the S&P 500 (SPY). Over a 5-year period, the stock's return of -100.0% compared to an 83.0% return for the benchmark.
What analysts expect
There are no analyst rating counts or consensus price targets available for Sangrix Inc. The company reported trailing twelve-month EPS of -$70.43 for the period ended March 31, 2026. Institutional ownership stands at 0.4%, insider ownership is 0.0%, and short interest represents 0.8% of the float. The company's next scheduled earnings date is October 30, 2026.
Key risks and what to watch
- Free cash flow has remained negative across recent periods, including -$2.3M reported in FY2025.
- The stock demonstrated elevated volatility with a beta of 2.01 and traded 92.1% below its 200-day moving average on October 16, 2026.
- The company recorded a return on equity of -595.3% for the trailing twelve months ended March 31, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this SGRX AI stock analysis
This page is an AI-written research summary of Sangrix Inc. (SGRX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: SGRX income statement, SGRX balance sheet, SGRX key metrics, SGRX chart. See the SGRX stock overview for the latest quote and news.
SGRX AI stock analysis FAQ
What does Sangrix Inc. do?
Sangrix Inc. operates in the cryptocurrency mining business, deploying blockchain technologies and crypto asset mining infrastructure. The company is based in Singapore and was formerly known as Bit Origin Ltd.
What was Sangrix's revenue in FY2025?
Sangrix reported revenue of $39,495 for FY2025, which was a 98.6% decrease from FY2024.
What is Sangrix's debt position?
As of June 30, 2026, Sangrix had total debt of $10.6M and cash and short-term investments of $1.6M, resulting in net debt of $9.1M.
Does Sangrix pay a dividend?
No, Sangrix does not pay a dividend.
When is Sangrix's next earnings report?
The company's next earnings date is October 30, 2026.