Qilian International Holding Group Limited (BGM) Income Statement
BGM FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsBGM revenue and net income
Where BGM's revenue goes
FY2025Each bar shows an amount and its share of revenue. BGM kept −52.6% of revenue as net income.
BGM profit margins
BGM growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +51.1% | −16.4% | −5.4% | — |
| Gross profit | +17.8% | −8.0% | −8.5% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BGM income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.9M | $25.1M | $46.5M | $64.9M | $57.1M | $50.0M | $46.1M | $50.4M | $22.5M |
| Cost of revenue | $33.1M | $21.0M | $44.7M | $58.6M | $51.5M | $42.5M | $36.4M | $42.2M | $19.2M |
| Gross profit | $4.8M | $4.1M | $1.8M | $6.2M | $5.6M | $7.5M | $9.7M | $8.1M | $3.4M |
| Research & development | $672,669 | $1.4M | $568,470 | $1.2M | — | — | — | — | — |
| Sales, general & admin | $18.2M | $3.3M | $3.8M | $2.9M | $3.3M | $2.7M | — | — | — |
| Total operating expenses | $17.4M | $4.7M | $4.4M | $4.1M | $3.3M | $2.7M | $3.5M | $2.2M | $2.3M |
| Operating income | −$12.6M | −$563,771 | −$2.6M | $2.1M | $2.4M | $4.8M | $6.2M | $6.0M | $1.1M |
| Interest income | — | — | — | $24,860 | — | — | — | — | — |
| Interest expense | — | $639,511 | — | — | $57,671 | $242,877 | $223,657 | $216,187 | $282,842 |
| Income before taxes | −$19.9M | −$2.1M | −$7.9M | $1.6M | $3.4M | $5.8M | $6.9M | $6.1M | $1.9M |
| Income taxes | $277,790 | −$619,981 | $219,166 | $194,302 | $255,133 | $864,908 | $1.0M | $943,363 | $321,458 |
| Net income | −$19.9M | −$1.4M | −$7.8M | $1.1M | $3.2M | $5.1M | $5.3M | $5.2M | $1.4M |
| EBITDA | −$11.1M | $879,873 | −$1.3M | $3.7M | $4.2M | $7.2M | $8.4M | $7.6M | $3.4M |
| EPS (diluted) | −$4.67 | −$0.20 | −$1.09 | $0.15 | $0.45 | $0.15 | $0.15 | $0.86 | — |
| Gross margin | 12.8% | 16.4% | 3.8% | 9.6% | 9.9% | 15.1% | 21.0% | 16.1% | 15.0% |
| Operating margin | −33.2% | −2.2% | −5.6% | 3.2% | 4.2% | 9.6% | 13.4% | 11.9% | 5.0% |
| Net margin | −52.6% | −5.7% | −16.7% | 1.7% | 5.5% | 10.1% | 11.6% | 10.3% | 6.3% |
| Mar '26 | Sep '25 | Mar '25 | Mar '24 | |
|---|---|---|---|---|
| Revenue | $24.3M | $23.6M | $14.3M | $12.6M |
| Cost of revenue | $20.9M | $20.8M | $12.2M | $11.1M |
| Gross profit | $3.4M | $2.8M | $2.1M | $1.4M |
| Research & development | $242,645 | $144,570 | $528,099 | — |
| Sales, general & admin | — | — | $3.8M | — |
| Total operating expenses | $4.2M | $13.1M | $4.3M | $2.1M |
| Operating income | −$877,901 | −$10.3M | −$2.2M | −$679,088 |
| Interest expense | $11,316 | — | — | — |
| Income before taxes | −$2.0M | −$14.8M | −$5.1M | $340,716 |
| Income taxes | $252,840 | $4.6M | −$4.3M | $11,936 |
| Net income | −$2.1M | −$19.1M | −$861,220 | $328,780 |
| EBITDA | $74,181 | −$9.3M | −$1.8M | −$679,088 |
| Gross margin | 13.8% | 11.8% | 14.5% | 11.3% |
| Operating margin | −3.6% | −43.8% | −15.6% | −5.4% |
| Net margin | −8.7% | −80.8% | −6.0% | 2.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BGM's financial statements (latest annual report filed September 30, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BGM financial results
In fiscal year 2025 (ended September 30, 2025), Qilian International reported revenue of $37.9 million, up 51.1% from the year before. It had a net loss of $19.9 million, a net profit margin of −52.6%. Diluted earnings per share came to −$4.67. Over five years revenue grew at an average rate of −5.4% a year.
See the BGM stock overview for the latest quote and news, or the BGM chart for price history and technical indicators.
BGM income statement FAQ
What is Qilian International's annual revenue?
Qilian International reported total revenue of $37.9 million for fiscal year 2025, which ended on September 30, 2025. That was up 51.1% from $25.1 million the previous year.
Is Qilian International profitable?
No. Qilian International reported a net loss of $19.9 million in fiscal 2025, a net profit margin of −52.6%; its operating margin was −33.2%.
What is Qilian International's gross margin?
Qilian International's gross margin was 12.8% in fiscal 2025: for every $100 of revenue, Qilian International kept $13 after the direct cost of its products and services.
How much does Qilian International spend on research and development?
Qilian International spent $0.7 million on research and development in fiscal 2025, 1.8% of revenue.
How fast is Qilian International growing?
Revenue grew −5.4% a year on average over the last five fiscal years, from $50.0 million to $37.9 million.
What are Qilian International's earnings per share?
Qilian International earned $-4.67 per diluted share in fiscal 2025, compared with $-0.20 a year earlier.
When does Qilian International's fiscal year end?
Qilian International's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on September 30, 2025.