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MARKETS / BALCAO / BHATF
BALCAO · WHOLESALE-CHEMICALS & ALLIED PRODUCTS · SMALL CAP

Blue Hat Interactive Entertainment Technology BHATF

8 fiscal years on record · USD · FY2024 reported · SEC filings only
$18.7M
▼ 74.6% YoY
$-9.5M
In brief

What this company does

On July 30, 2019, we completed our initial public offering, and since July 26, 2019, our ordinary shares have been listed on the Nasdaq Capital Market under the symbol “BHAT”. We, through the operations of our subsidiaries, primarily operate a gold and diamond trading and supply chain business. Our business model encompasses physical gold trading, diamond trading, gold derivatives trading, and the development of AI-enabled trading platforms. In August 2024, we completed our first major gold acquisition of 1,000 kilograms for approximately $64.56 million from Macau Rongxin Precious Metals Technology Co., Ltd., marking our entry into large-scale gold trading. Concurrently, we have established a significant diamond trading operation that generated $18.72 million in revenue for the year ended December 31, 2024.

Written from the business description in Blue Hat Interactive Entertainment Technology's annual report to the U.S. Securities and Exchange Commission, filed 30 April 2025. Every sentence was checked against that document before publication.

Growth
USD 18.7M
Revenue, FY2024 · full 8-year series below
Revenue $M Net income $M
FY2024 · Revenue 18.7 · Net income -9.5
25.0M50.0M-20.0M-40.0M20172018201920202021202220232024
Compound annual growth
+15.5%
−4.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −4.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−51 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -23.8% · Net -50.9%
-200%-400%20172018201920202021202220232024
ROE
FY2024 · ROE -26.2%
10%20%30%-50%-100%-150%20172018201920202021202220232024

Each USD of equity lost 26 cents this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2022 · FCF 0.3
4M8M-5M-10M20172018201920202021202220232024

Total assetsUSD 75.2M
EquityUSD 32.1M
Gross debtUSD 146,341.00
Current ratio1.72×

Equity funds 43% of total assets.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20242023202220212020201920182017
Revenue $B0.00.10.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.10.00.00.00.0
EBITDA $B−0.0−0.0−0.0−0.10.00.00.00.0
Income tax $B·0.00.00.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.10.00.00.00.0
Free cash flow $B··0.0−0.00.00.0−0.00.0
EPS, diluted $16.2997.93119.420.000.210.260.240.16
Dividend / sh $········
Payout %········
ROE %−26.2−73.2−68.6−154.415.824.931.623.5
Shares out B·0.060.010.010.040.040.03·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 3 failures in 37 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 58 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente3 failures
ActivityWholesale-Chemicals & Allied Products
Listed onOTC market
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2017

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