Blue Hat Interactive Entertainment Technology

$BHAT Market Cap: $8.935 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$55.37M

TTM

Gross Margin

37.84%

TTM

Net Earnings

-$17.17M

TTM

Current Assets

$39.28M

Q4 2023

Current Liabilities

$5.664M

Q4 2023

Current Ratio

693.5%

Q4 2023

Total Assets

$49.26M

Q4 2023

Total Liabilities

$8.641M

Q4 2023

Book Value

$40.62M

Q4 2023

Cash

$407.6K

Q4 2023

P/E

-0.5203

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$73.69M	$7.376M	$15.16M	$30.19M	$23.83M	$18.53M	$14.14M	$9.350M
YoY Change	899.01%	-51.33%	-49.8%	26.69%	28.6%	31.05%	51.23%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$73.69M	$7.376M	$15.16M	$30.19M	$23.83M	$18.53M	$14.14M	$9.350M
Cost Of Revenue	$72.53M	$3.378M	$8.672M	$16.21M	$7.530M	$6.110M	$5.300M	$4.580M
Gross Profit	$1.154M	$3.998M	$6.483M	$13.98M	$16.30M	$12.42M	$8.840M	$4.780M
Gross Profit Margin	1.57%	54.21%	42.78%	46.31%	68.4%	67.03%	62.52%	51.12%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$13.77M	$7.503M	$35.83M	$4.140M	$5.790M	$3.820M	$2.540M	$1.800M
YoY Change	83.59%	-79.06%	765.5%	-28.5%	51.57%	50.39%	41.11%
% of Gross Profit	1193.76%	187.65%	552.71%	29.61%	35.52%	30.76%	28.73%	37.66%
Research & Development	$2.570M	$4.462M	$13.17M	$280.0K	$1.030M	$290.0K	$360.0K	$160.0K
YoY Change	-42.4%	-66.12%	4603.27%	-72.82%	255.17%	-19.44%	125.0%
% of Gross Profit	222.75%	111.59%	203.14%	2.0%	6.32%	2.33%	4.07%	3.35%
Depreciation & Amortization	$260.9K	$278.6K	$3.862M	$740.0K	$920.0K	$460.0K	$200.0K	$100.0K
YoY Change	-6.35%	-92.79%	421.89%	-19.57%	100.0%	130.0%	100.0%
% of Gross Profit	22.61%	6.97%	59.57%	5.29%	5.64%	3.7%	2.26%	2.09%
Operating Expenses	$30.04M	$12.00M	$49.00M	$4.410M	$6.820M	$4.100M	$2.900M	$1.950M
YoY Change	150.35%	-75.51%	1011.13%	-35.34%	66.34%	41.38%	48.72%
Operating Profit	-$28.88M	-$8.000M	-$42.52M	$9.570M	$9.480M	$8.320M	$5.940M	$2.830M
YoY Change	261.06%	-81.18%	-544.28%	0.95%	13.94%	40.07%	109.89%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$222.1K	$331.3K	-$309.2K	-$370.0K	-$180.0K	$70.00K	-$30.00K	-$140.0K
YoY Change	-32.97%	-207.16%	-16.45%	105.56%	-357.14%	-333.33%	-78.57%
% of Operating Profit				-3.87%	-1.9%	0.84%	-0.51%	-4.95%
Other Income/Expense, Net	-$217.9K	-$307.4K	-$143.8K	$860.0K	$220.0K	$130.0K	$160.0K	$380.0K
YoY Change	-29.12%	113.82%	-116.72%	290.91%	69.23%	-18.75%	-57.89%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	-$29.10M	-$8.307M	-$61.41M	$10.06M	$9.530M	$8.520M	$6.080M	$3.060M
YoY Change	250.32%	-86.47%	-710.44%	5.56%	11.85%	40.13%	98.69%
Income Tax	$6.081K	$1.098M	$138.1K	$1.780M	$450.0K	$610.0K	$960.0K	$490.0K
% Of Pretax Income				17.69%	4.72%	7.16%	15.79%	16.01%
Net Earnings	-$19.30M	-$9.365M	-$57.14M	$8.280M	$9.070M	$7.920M	$5.120M	$2.570M
YoY Change	106.06%	-83.61%	-790.05%	-8.71%	14.52%	54.69%	99.22%
Net Earnings / Revenue	-26.19%	-126.97%	-377.01%	27.43%	38.06%	42.74%	36.21%	27.49%
Basic Earnings Per Share	$0.30	$0.03	$0.00
Diluted Earnings Per Share	$0.30	-$1.23	-$11.31M	$207.7K	$258.1K	$227.6K	$147.1K	$1.285M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$80.00K	$135.6K	$15.80M	$10.48M	$11.83M	$19.76M	$3.360M
YoY Change	-40.99%	-99.14%	50.76%	-11.41%	-40.13%	488.1%
Cash & Equivalents	$80.00K	$135.6K	$15.80M	$10.48M	$11.83M	$2.370M	$480.0K
Short-Term Investments					$0.00	$17.39M	$2.880M
Other Short-Term Assets	$1.830M	$1.804M	$1.920M	$5.300M	$1.420M	$2.300M	$2.210M
YoY Change	1.45%	-6.05%	-63.77%	273.24%	-38.26%	4.07%
Inventory	$0.00	$108.6K	$120.0K	$130.0K	$270.0K	$600.0K	$900.0K
Prepaid Expenses
Receivables	$13.49M	$16.68M	$18.50M	$13.63M	$11.89M	$6.350M	$3.780M
Other Receivables	$6.130M	$2.976M	$14.35M	$13.18M	$240.0K	$230.0K	$160.0K
Total Short-Term Assets	$21.53M	$21.70M	$50.69M	$42.72M	$25.66M	$29.24M	$10.41M
YoY Change	-0.8%	-57.18%	18.66%	66.48%	-12.24%	180.88%
Property, Plant & Equipment	$3.880M	$4.304M	$4.550M	$3.000M	$210.0K	$280.0K	$30.00K
YoY Change	-9.86%	-5.4%	51.67%	1328.57%	-25.0%	833.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.720M	$1.882M	$1.910M	$1.730M	$1.750M	$10.00K	$0.00
YoY Change	-8.62%	-1.46%	10.4%	-1.14%	17400.0%
Other Assets	$2.500M	$1.705M	$4.280M	$4.610M	$3.590M	$50.00K	$20.00K
YoY Change	46.64%	-60.17%	-7.16%	28.41%	7080.0%	150.0%
Total Long-Term Assets	$12.75M	$14.81M	$25.00M	$16.10M	$9.810M	$4.340M	$2.070M
YoY Change	-13.89%	-40.77%	55.28%	64.12%	126.04%	109.66%
Total Assets	$34.28M	$36.51M	$75.69M	$58.82M	$35.47M	$33.58M	$12.48M
YoY Change
Accounts Payable	$12.11M	$959.2K	$940.0K	$290.0K	$1.400M	$5.710M	$2.310M
YoY Change	1162.51%	2.04%	224.14%	-79.29%	-75.48%	147.19%
Accrued Expenses	$240.0K	$501.6K	$520.0K	$710.0K
YoY Change	-52.15%	-3.55%	-26.76%
Deferred Revenue
YoY Change
Short-Term Debt	$1.260M	$860.9K	$5.870M	$5.820M	$3.130M	$3.610M	$2.050M
YoY Change	46.36%	-85.33%	0.86%	85.94%	-13.3%	76.1%
Long-Term Debt Due	$0.00	$0.00	$10.00K	$80.00K	$80.00K	$60.00K	$0.00
YoY Change		-100.0%	-87.5%	0.0%	33.33%
Total Short-Term Liabilities	$17.41M	$18.28M	$16.74M	$13.68M	$7.120M	$11.59M	$5.530M
YoY Change	-4.77%	9.21%	22.37%	92.13%	-38.57%	109.58%
Long-Term Debt	$1.390M	$517.6K	$0.00	$10.00K	$90.00K	$180.0K	$0.00
YoY Change	168.55%		-100.0%	-88.89%	-50.0%
Other Long-Term Liabilities	$950.0K	$62.06K	$0.00	$370.0K
YoY Change	1430.78%		-100.0%
Total Long-Term Liabilities	$2.340M	$579.7K	$0.00	$380.0K	$90.00K	$180.0K	$0.00
YoY Change	303.69%		-100.0%	322.22%	-50.0%
Total Liabilities	$22.17M	$21.32M	$16.85M	$14.07M	$7.210M	$11.77M	$5.530M
YoY Change	3.98%	26.54%	19.76%	95.15%	-38.74%	112.84%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	29.72M shares	7.639M shares	5.054M shares	3.855M shares
Diluted Shares Outstanding	30.98M shares	8.565M shares	5.800M shares	3.986M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $8.9349 Million

About Blue Hat Interactive Entertainment Technology

Blue Hat Interactive Entertainment Technology is a holding company, which engages in the production, development, and operation of augmented reality (AR) interactive entertainment games and toys. The company is headquartered in Xiamen, Fujian and currently employs 16 full-time employees. The company went IPO on 2019-07-26. The firm mainly engaged in interactive toys, including animation and game series, mobile games and animation design services.

Industry: Wholesale-Chemicals & Allied Products Peers: iHuman Inc. NetEase, Inc. The9 LTD