Blue Gold Limited(BGL)Earnings, Financials & Key Ratios
BGL•NASDAQ
$1.09
$11M mkt cap·16.1× P/E·Price updated May 7, 2026
AboutBlue Gold Limited operates as a gold mining company in Ashanti region of Ghana. The company is based in Grand Cayman, Cayman Islands.Show more
- Revenue$0
- EBITDA$818K-84.2%
- Net Income$703K-86.3%
- EPS (Diluted)0.07-70.6%
- ROE2.67%-27.5%
- ROIC-5.86%-139.8%
- Debt/Equity1.00+5026.2%
- Interest Coverage-18.59+93.3%
BGL Key Insights
Blue Gold Limited (BGL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Share count reduced 53.2% through buybacks
✗Weaknesses
- ✗Weak 3Y average ROE of 4.2%
- ✗Weak Piotroski F-Score: 2/9
- ✗Weak momentum: RS Rating 3 (bottom 3%)
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BGL Price & Volume
Blue Gold Limited (BGL) stock price & volume — 10-year historical chart
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BGL Growth Metrics
Blue Gold Limited (BGL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-56.81%
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-39.15%
TTM-
Return on Capital
10 Years-3.04%
5 Years-3.04%
3 Years-4.01%
Last Year-7.9%
BGL Peer Comparison
Blue Gold Limited (BGL) competitors in Single-asset gold producers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CWCO | 529.06M | 33.18 | -1.41% | 13.88% | 0% | 0.00 | ||
 MSEX | 955.27M | 51.41 | 21.78 | 1.47% | 22.07% | 9.07% | 0.85 | |
 YORW | 420.55M | 29.18 | 20.99 | 3.37% | 8.89% | 0.97 | ||
 ARTNA | 325.97M | 31.68 | 14.33 | 4.62% | 20.21% | 9.26% | 0.73 | |
 GWRS | 205.85M | 7.16 | 65.09 | 5.82% | 5.3% | 3.58% | 0.09 | |
 AWR | 3.01B | 76.84 | 22.80 | 10.52% | 19.66% | 13.06% | 0.90 | |
 AWK | 24.64B | 126.20 | 22.14 | 9.74% | 21.17% | 10.14% | 1.47 | |
 XYL | 27.49B | 115.64 | 29.50 | 5.52% | 10.7% | 8.51% | 0.17 |
Compare BGL vs Peers
Blue Gold Limited (BGL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BGL Income Statement
Blue Gold Limited (BGL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - |
| Cost of Goods Sold | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% |
| Gross Margin % | - | - | - | - |
| Gross Profit Growth % | - | - | - | - |
| Operating Expenses | 347.24K | 2.29M | 4.57M | 2.14M |
| OpEx % of Revenue | - | - | - | - |
| Selling, General & Admin | 347.24K | 2.29M | 4.57M | 2.14M |
| SG&A % of Revenue | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 |
| Operating Income | -347.24K▲ 0% | -2.29M▼ 559.9% | -4.57M▼ 99.2% | -2.14M▲ 53.2% |
| Operating Margin % | - | - | - | - |
| Operating Income Growth % | - | -559.92% | -99.22% | 53.17% |
| EBITDA | 8.73M | 13.84M | 5.16M | 817.98K |
| EBITDA Margin % | - | - | - | - |
| EBITDA Growth % | - | 58.62% | -62.7% | -84.16% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 |
| EBIT | 8.73M | 13.84M | 5.16M | 817.98K |
| Net Interest Income | 2.25K | 3.44M | 8.11M | 2.29M |
| Interest Income | 2.25K | 3.44M | 8.13M | 2.41M |
| Interest Expense | 0 | 0 | 16.43K | 115.02K |
| Other Income/Expense | 9.07M | 16.13M | 9.71M | 2.84M |
| Pretax Income | 8.73M▲ 0% | 13.84M▲ 58.6% | 5.15M▼ 62.8% | 702.96K▼ 86.3% |
| Pretax Margin % | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% |
| Net Income | 8.73M▲ 0% | 13.84M▲ 58.6% | 5.15M▼ 62.8% | 702.96K▼ 86.3% |
| Net Margin % | - | - | - | - |
| Net Income Growth % | - | 58.62% | -62.82% | -86.34% |
| Net Income (Continuing) | 8.73M | 13.84M | 5.15M | 702.96K |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.30▲ 0% | 0.48▲ 60.0% | 0.23▼ 52.1% | 0.07▼ 70.6% |
| EPS Growth % | - | 60% | -52.08% | -70.61% |
| EPS (Basic) | 0.30 | 0.48 | 0.23 | 0.07 |
| Diluted Shares Outstanding | 28.75M | 28.75M | 22.21M | 10.39M |
| Basic Shares Outstanding | 28.75M | 28.75M | 22.21M | 10.23M |
| Dividend Payout Ratio | - | - | - | - |
BGL Balance Sheet
Blue Gold Limited (BGL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|
| Total Current Assets | 1.69M | 309.64K | 629.82K | 72K |
| Cash & Short-Term Investments | 700.29K | 41.28K | 222.58K | 43.5K |
| Cash Only | 700.29K | 41.28K | 222.58K | 43.5K |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 234.6M | 238.04M | 52.98M | 3.95M |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 238.04M | 52.98M | 3.95M |
| Other Non-Current Assets | 234.6M | 0 | 0 | 0 |
| Total Assets | 236.29M▲ 0% | 238.35M▲ 0.9% | 53.61M▼ 77.5% | 4.03M▼ 92.5% |
| Asset Turnover | - | - | - | - |
| Asset Growth % | - | 0.87% | -77.51% | -92.49% |
| Total Current Liabilities | 132.07K | 641.32K | 1.13M | 2.41M |
| Accounts Payable | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - |
| Short-Term Debt | 0 | 100K | 1M | 1.33M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 132.07K | 541.32K | 125.95K | 1.08M |
| Current Ratio | 12.81x | 0.48x | 0.56x | 0.03x |
| Quick Ratio | 12.81x | 0.48x | 0.56x | 0.03x |
| Cash Conversion Cycle | - | - | - | - |
| Total Non-Current Liabilities | 21.97M | 9.67M | 1.16M | 282.65K |
| Long-Term Debt | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 21.97M | 9.67M | 1.16M | 282.65K |
| Total Liabilities | 22.1M | 10.32M | 2.29M | 2.7M |
| Total Debt | 0 | 100K | 1M | 1.33M |
| Net Debt | -700.29K | 58.72K | 777.42K | 1.29M |
| Debt / Equity | - | 0.00x | 0.02x | 1.00x |
| Debt / EBITDA | - | 0.01x | 0.19x | 1.62x |
| Net Debt / EBITDA | -0.08x | 0.00x | 0.15x | 1.57x |
| Interest Coverage | - | - | -277.82x | -18.59x |
| Total Equity | 214.19M▲ 0% | 228.04M▲ 6.5% | 51.32M▼ 77.5% | 1.33M▼ 97.4% |
| Equity Growth % | - | 6.46% | -77.5% | -97.41% |
| Book Value per Share | 7.45 | 7.93 | 2.31 | 0.13 |
| Total Shareholders' Equity | 214.19M | 228.04M | 51.32M | 1.33M |
| Common Stock | 234.6M | 234.6M | 52.88M | 3.85M |
| Retained Earnings | -20.41M | -6.57M | -5.02M | -4.31M |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
BGL Cash Flow Statement
Blue Gold Limited (BGL) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|
| Cash from Operations | -1.21M | -1.16M | -4.17M | -793.44K |
| Operating CF Margin % | - | - | - | - |
| Operating CF Growth % | - | 3.95% | -259.75% | 80.97% |
| Net Income | 8.73M | 13.84M | 5.15M | 702.96K |
| Depreciation & Amortization | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -9.07M | -16.13M | -9.71M | -2.84M |
| Working Capital Changes | -859.5K | 1.13M | 395.57K | 1.34M |
| Change in Receivables | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 |
| Cash from Investing | -234.6M | 0 | 193.19M | 51.43M |
| Capital Expenditures | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - |
| Other Investing | -234.6M | 0 | 0 | 0 |
| Cash from Financing | 236.51M | 500K | -188.84M | -50.82M |
| Debt Issued (Net) | 0 | 500K | 6.56M | 328.84K |
| Equity Issued (Net) | 1000K | 0 | -1000K | -1000K |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -195.4M | -51.85M |
| Other Financing | 0 | 0 | 0 | 700K |
| Net Change in Cash | 700.29K▲ 0% | -659.02K▼ 194.1% | 181.31K▲ 127.5% | -179.08K▼ 198.8% |
| Free Cash Flow | -1.21M▲ 0% | -1.16M▲ 4.0% | -4.17M▼ 259.7% | -793.44K▲ 81.0% |
| FCF Margin % | - | - | - | - |
| FCF Growth % | - | 3.95% | -259.75% | 80.97% |
| FCF per Share | -0.04 | -0.04 | -0.19 | -0.08 |
| FCF Conversion (FCF/Net Income) | -0.14x | -0.08x | -0.81x | -1.13x |
| Interest Paid | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 |
BGL Key Ratios
Blue Gold Limited (BGL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Return on Equity (ROE) | 4.07% | 6.26% | 3.69% | 2.67% |
| Return on Invested Capital (ROIC) | - | -0.78% | -2.44% | -5.86% |
| Debt / Equity | - | 0.00x | 0.02x | 1.00x |
| Interest Coverage | - | - | -277.82x | -18.59x |
| FCF Conversion | -0.14x | -0.08x | -0.81x | -1.13x |
BGL Frequently Asked Questions
Blue Gold Limited (BGL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Blue Gold Limited (BGL) grew revenue by 0.0% over the past year. Growth has been modest.
Blue Gold Limited (BGL) reported a net loss of $2.3M for fiscal year 2024.
Dividend & Returns
Blue Gold Limited (BGL) has a return on equity (ROE) of 2.7%. This is below average, suggesting room for improvement.
Blue Gold Limited (BGL) had negative free cash flow of $0.8M in fiscal year 2024, likely due to heavy capital investments.
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Blue Gold Limited (BGL) financial analysis — history, returns, DCA and operating performance tools
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Price History
Long-term charts & historical price data
Revenue History
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Valuation
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