BrenX Ltd. (BRNX) Income Statement
BRNX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsBRNX revenue and net income
Where BRNX's revenue goes
2025Each bar shows an amount and its share of revenue. BRNX kept −3,593.0% of revenue as net income.
BRNX profit margins
BRNX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | −36.6% | — | — |
| Gross profit | — | — | — | — |
| 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.
BRNX quarterly EPS vs estimates
BRNX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $387,000 | $0 | $621,000 | $1.5M | $395,000 | $0 | $92,899 | $0 | $0 | $0 |
| Cost of revenue | $3.6M | $985,000 | $1.6M | $2.3M | $4.1M | $122,000 | $643,838 | $84,555 | $105,644 | — |
| Gross profit | −$3.2M | −$985,000 | −$934,000 | −$786,000 | −$3.7M | −$122,000 | −$550,939 | −$84,555 | −$105,644 | — |
| Research & development | $4.0M | $3.6M | $3.2M | $5.0M | $3.7M | $3.9M | $2.0M | $3.2M | $2.7M | $3.2M |
| Sales, general & admin | $5.2M | $5.1M | $5.0M | $5.7M | $3.0M | $1.6M | $1.8M | $3.1M | $877,974 | $904,017 |
| Total operating expenses | $9.5M | $9.6M | $8.9M | $11.3M | $7.2M | $9.2M | $4.2M | $6.4M | $4.7M | $4.0M |
| Operating income | −$12.7M | −$10.6M | −$9.9M | −$12.1M | −$12.0M | −$9.3M | −$4.8M | −$6.5M | −$4.8M | −$4.0M |
| Interest income | $75,000 | $215,000 | $161,000 | $51,000 | — | — | — | — | — | — |
| Interest expense | $374,000 | $244,000 | $112,000 | $109,000 | $269,000 | $372,000 | $504,910 | — | — | — |
| Income before taxes | −$13.9M | −$6.8M | −$9.6M | −$11.1M | −$11.0M | −$9.5M | −$12.2M | −$7.2M | −$8.4M | −$9.4M |
| Income taxes | — | — | — | $25,000 | — | — | — | $1,669 | −$4 | — |
| Net income | −$13.9M | −$6.8M | −$9.6M | −$11.1M | −$11.0M | −$9.5M | −$12.2M | −$7.2M | −$8.4M | −$9.4M |
| EBITDA | −$13.0M | −$6.3M | −$9.4M | −$11.2M | −$9.8M | −$8.4M | −$11.1M | −$7.0M | −$4.7M | −$3.8M |
| EPS (diluted) | −$129.47 | −$34.05 | −$157.91 | −$5537.91 | −$328.87 | −$414.02 | −$552.41 | −$380.57 | −$524.26 | −$733.21 |
| Gross margin | −829.2% | — | −150.4% | −51.7% | −925.6% | — | −593.1% | — | — | — |
| Operating margin | −3,291.5% | — | −1,587.8% | −796.0% | −3,026.6% | — | −5,123.3% | — | — | — |
| Net margin | −3,593.0% | — | −1,553.6% | −728.1% | −2,789.1% | — | −13,081.9% | — | — | — |
| Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $193,500 | $193,500 | $0 | $0 | $0 | $0 | $20,500 | $20,500 | $580,000 | $0 |
| Cost of revenue | $870,500 | $870,500 | $927,500 | $927,500 | $288,500 | $288,500 | $204,000 | $204,000 | $211,500 | $211,500 | $802,000 | $330,000 |
| Gross profit | −$870,500 | −$870,500 | −$734,000 | −$734,000 | −$288,500 | −$288,500 | −$204,000 | −$204,000 | −$191,000 | −$191,000 | −$222,000 | −$330,000 |
| Research & development | $774,500 | $774,500 | $1.2M | $1.2M | $890,500 | $890,500 | $904,000 | $904,000 | $756,000 | $756,000 | $1.1M | $600,000 |
| Sales, general & admin | $1.4M | $1.4M | $1.3M | $1.3M | $1.4M | $1.4M | $1.5M | $1.5M | $1.4M | $1.4M | $1.6M | $1.3M |
| Total operating expenses | $2.2M | $2.2M | $2.6M | $2.6M | $2.3M | $2.3M | $2.5M | $2.5M | $2.1M | $2.1M | $2.9M | $1.9M |
| Operating income | −$3.1M | −$3.1M | −$3.3M | −$3.3M | −$2.6M | −$2.6M | −$2.7M | −$2.7M | −$2.3M | −$2.3M | −$3.1M | −$2.2M |
| Interest expense | $53,000 | $53,000 | — | — | $10,000 | $10,000 | $4,500 | $4,500 | — | — | — | $174,000 |
| Income before taxes | −$3.2M | −$3.2M | −$3.7M | −$3.7M | −$2.6M | −$2.6M | −$790,500 | −$790,500 | −$2.3M | −$2.3M | −$2.8M | −$2.4M |
| Income taxes | — | — | — | — | — | — | — | — | $46,000 | $46,000 | — | — |
| Net income | −$3.2M | −$3.2M | −$3.7M | −$3.7M | −$2.6M | −$2.6M | −$790,500 | −$790,500 | −$2.3M | −$2.3M | −$2.8M | −$2.4M |
| EBITDA | −$2.9M | −$2.9M | −$3.1M | −$3.1M | −$2.5M | −$2.5M | −$2.5M | −$2.5M | −$2.2M | −$2.3M | −$2.8M | −$2.1M |
| EPS (diluted) | — | — | — | — | — | — | — | — | — | — | −$1648.69 | −$1470.00 |
| Gross margin | — | — | −379.3% | −379.3% | — | — | — | — | −931.7% | −931.7% | −38.3% | — |
| Operating margin | — | — | −1,698.2% | −1,698.2% | — | — | — | — | −11,134.1% | −11,134.1% | −530.0% | — |
| Net margin | — | — | −1,926.1% | −1,926.1% | — | — | — | — | −11,209.8% | −11,209.8% | −480.0% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BRNX's financial statements (latest annual report filed March 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BRNX financial results
In fiscal year 2025 (ended December 31, 2025), BrenX reported revenue of $0.4 million. It had a net loss of $13.9 million, a net profit margin of −3,593.0%. Diluted earnings per share came to −$129.47.
See the BRNX stock overview for the latest quote and news, or the BRNX chart for price history and technical indicators.
BRNX income statement FAQ
What is BrenX's annual revenue?
BrenX reported total revenue of $0.4 million for fiscal year 2025, which ended on December 31, 2025.
Is BrenX profitable?
No. BrenX reported a net loss of $13.9 million in fiscal 2025, a net profit margin of −3,593.0%; its operating margin was −3,291.5%.
What is BrenX's gross margin?
BrenX's gross margin was −829.2% in fiscal 2025: for every $100 of revenue, BrenX kept $-829 after the direct cost of its products and services.
How much does BrenX spend on research and development?
BrenX spent $4.0 million on research and development in fiscal 2025, 1,023.3% of revenue.
What are BrenX's earnings per share?
BrenX earned $-129.47 per diluted share in fiscal 2025, compared with $-34.05 a year earlier.
When does BrenX's fiscal year end?
BrenX's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 25, 2026.