Baker Global FY2026: Revenue Collapses to $887K, Swings to $278K Net Loss

summarizeSummary

Baker Global's FY2026 revenue collapsed to $886,892 from $9.8M, producing a $278,079 net loss and $1.18M of operating cash burn that left $1.28M in cash.

check_boxKey Events · Earnings and Guidance · BAKR

• Revenue Collapses Year Over Year

  FY2026 total revenue was $886,892 versus $9,803,183 in the ten-month transition period ended June 30, 2025. Advisory fees fell to $538,853 from $7,313,328, and no underwriting fees were recorded versus $1,579,143 prior.

• Swing to $278,079 Net Loss

  Expenses of $1,164,971 exceeded revenue, producing a net loss of $278,079 versus net income of $852,943 in the prior period.

• Cash Burn Leaves $1.28M Buffer

  Operating activities used $1,182,131 of cash in FY2026, reducing cash to $1,276,955 at June 30, 2026 from $2,490,853. Total liabilities were $970,151 against total assets of $2,369,803.

• CEO Controls Majority of Shares

  William Thomas Baker beneficially owns 850,200 shares, or 50.246% of the 1,692,060 shares outstanding, and serves as CEO, President, CFO and sole director.

auto_awesomeAnalysis · BAKR · Crypto Assets

The top line tells the story: revenue fell from $9.8M in the ten-month transition period to just $886,892 for the full fiscal year. Advisory fees dropped to $538,853 from $7,313,328, and the absence of $1,579,143 in underwriting fees removed the other leg of the business. That left the company with a $278,079 net loss, reversing $852,943 of net income, and $1,182,131 of cash burned in operations cut the cash pile to $1,276,955. At the current burn rate, that is roughly a year of runway, set against total liabilities of $970,151. What remains is a small broker-dealer whose revenue base has shrunk dramatically and now depends on a narrow advisory book.