How profitable is BNB Standard Corporation (BNC)?

In FY 2025 (10-K), BNC converted $26.4M of revenue into a 29.8% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).

Stock Ratings / Consumer Staples / BNC / financials

ALCO (38) LMNR (19) VFF (53) LND (45) ⌘ Pro Terminal →

BNB Standard Corporation (BNC) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

Q: Where is BNC trading relative to its 50-day, 200-day, and 52-week technical levels?

BNC last traded at $4.69 (-5.25% on volume of 1,148,046 shares), positioning the stock -6.01% below its 50-day simple moving average ($4.99) and +29.20% above its 200-day simple moving average ($3.63). Across its 52-week range of $1.84 to $7.72, BNC sits at the 48.5% percentile with a 14-day RSI of 46.7 (NEUTRAL RANGE) and an implied next-earnings move of ±11.6% ($4.15 to $5.23).

$4.69 -5.25% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $4.64

BNB Standard Corporation (BNC) carries a Roarable Rating of D- (Sell) with 37/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (37/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D- • RED ALERT Cap $241.4M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on BNC Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is BNC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, BNB Standard Corporation (NASDAQ: BNC) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 37/100 at a spot price of $4.69 (-5.25% 1D, market cap $241.4M). Pillar breakdown: Fundamental Cash Engine 3/20, Institutional 13F & Options Flow 10/20, Executive Insider Alignment 10/20, FRED Macro Regime Fit 10/20, and SEC Balance-Sheet Forensics 5/20. Across 146 tracked Consumer Staples issuers, BNC ranks #109 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does BNC compare to ALCO and LMNR in the Consumer Staples sector?

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Within the Consumer Staples sector (Farming/Seeds/Milling), BNC carries a Roarable D- (37/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -35.0%. By comparison, ALCO (Alico Inc.) holds a D- grade (38/100 RQD, P/E N/A, ROIC -35.0%, cap $277.5M) and LMNR (Limoneira Co) posts a E grade (19/100 RQD, P/E N/A, ROIC -6.0%, cap $193.6M). Among the 5-stock peer group, VFF leads on earnings multiple (9.8x) while VFF leads on capital efficiency (10.5% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for BNC?

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Per BNC's SEC EDGAR XBRL 10-K filing (FY2025, filed 2026-04-30, CIK 0001482541), BNB Standard Corporation generated $26.4M in revenue (+841.9% YoY), $115.2M in net income, and -$26.6M in free cash flow against $436.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Consumer Staples with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $4.64 (-1.14%)🧬 Dilution Drag (+1.92% YoY Shares)⚙️ Cash Engine: 3/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (37/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-8.1% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • D-

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-9.4% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for BNC)Realized 20D OHLCV Swing Band: ±11.6%

Deterministic 5-Pillar Attribution (37/100 Composite)

🔍 WHY BNC SCORES 37/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+10/20 pts (27% of score)

20D Institutional Volume Accumulation (±11.6% realized swing band)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+10/20 pts (27% of score)

Altman Z-Score 1.51 (DISTRESS RISK (<1.8)) • Piotroski F-Score 4/9

▼ #1 Drag / Risk Factor: Cash Engine Quality4/20 pts (-16 pt drag)

Capital intensity & 0% operating margin leave 16 pts on the table

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$5.09+0.2% Next Q

Q2 (-2Q)

Grade D$5.10+11.8% Next Q

Q3 (-1Q)

Grade D$5.70-17.7% Next Q

Current

Grade D-$4.69-8.1% Hist 90D α

Trajectory: D (45) → D- (37)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a BNC Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While BNC currently carries a cautious 37/100 (D-) rating due to Cash Engine Quality (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Consumer Staples with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($4.99) and Max Pain ($4.92) forces dealer call-delta covering toward $8.11.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.92% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $BNC• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “BNC Beats Next Quarter EPS Consensus (Jan 28, 2027) & Holds Above 200D SMA”

YES 37%NO 63%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How BNC Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $6.9M

FY24

Rev $2.8M

FY25

Rev $26.4M

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$26.4M	29.8%	-80%	$115.2M	-$26.6M	-35.7%
FY 2024	$2.8M	-7.8%	-80%	-$3.1M	-$3.1M	-45%
FY 2023	$6.9M	29.8%	-42.7%	-$2.9M	-$6.1M	-35%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring BNC)

✓Walkthrough of BNC's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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BNC // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +51.78%▲ ASCENDING CHANNEL

2026-11-03O $5.41H $5.41L $4.69C $4.69VOL 849.4K

RES: $8.40SUP: $3.00SMA50: $4.99SMA200: $3.63

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

BNC Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 BNC Butterfly Map → + Track BNC →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +180.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on BNC today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for BNC. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for BNC today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (BNC)

Consumer Staples Rank #109 of 146 ⚔️ ALCO vs BNC Full Matrix →

1. Head-to-Head Consumer Staples Peer Comparison (BNC vs. ALCO, LMNR, VFF, LND)

Industry: Farming/Seeds/Milling (25 Tracked Issuers)

Across 146 tracked Consumer Staples securities in the Roarable RQD universe, BNB Standard Corporation (BNC) ranks #109 by composite RQD confidence (37/100, grade D-) and #96 by equity capitalization ($241.4M). Within this direct 5-issuer industry benchmark cohort, VFF leads on earnings valuation at 9.8x trailing P/E, while VFF leads on capital efficiency and profitability with 10.5% ROIC and 40.6% gross margin. VFF currently holds the highest overall quantitative score in the immediate peer group at 53/100 (D+) compared with BNC at 37/100 (D-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
BNC ACTIVE BNB Standard Corporation	D-	37/100	—	—	-35.0%	-5.25%	$241.4M	Benchmark Subject
ALCO Alico Inc.	D-	38/100	—	-30.0%	-35.0%	-0.19%	$277.5M	/alco-vs-bnc →
LMNR Limoneira Co	E	19/100	—	-0.7%	-6.0%	-0.37%	$193.6M	/lmnr-vs-bnc →
VFF Village Farms International Inc.	D+	53/100	9.8x	40.6%	10.5%	+4.40%	$305.7M	/vff-vs-bnc →
LND Brasilagro Brazilian Agric Real Estate Co Sponsored ADR (Brazil)	D	45/100	—	—	—	+0.63%	$326.5M	/lnd-vs-bnc →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2026-04-30 • CIK 0001482541

In its most recent audited fiscal period (FY2025, filed 2026-04-30), BNB Standard Corporation (BNC) reported GAAP revenue of $26.4M (+841.9% vs. FY2024 revenue of $2.8M , and +282.1% cumulative change since FY2023) , GAAP net income of $115.2M, operating cash flow of -$26.6M, and free cash flow of -$26.6M (-771.6% YoY). On the balance sheet, BNC closed FY2025 with $436.8M in total assets against $0 in total debt (Altman Z-Score: 1.51, Piotroski F-Score: 4/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2026-04-30	$26.4M	$115.2M	-$26.6M	-$26.6M	$436.8M	—
FY2024 (FY)	2024-12-31	$2.8M	-$3.1M	-$3.1M	-$3.1M	$10.4M	—
FY2023 (FY)	2023-12-31	$6.9M	-$2.9M	-$6.1M	-$6.1M	—	—

3. BNC Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is BNC stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does BNC compare to ALCO and LMNR in the Consumer Staples sector?

What are the biggest fundamental strengths and SEC risk factors for BNC?

Where is BNC trading relative to its 50-day, 200-day, and 52-week technical levels?

BNC last traded at $4.69 (-5.25% on volume of 1,148,046 shares), positioning the stock -6.01% below its 50-day simple moving average ($4.99) and +29.20% above its 200-day simple moving average ($3.63). Across its 52-week range of $1.84 to $7.72, BNC sits at the 48.5% percentile with a 14-day RSI of 46.7 (NEUTRAL RANGE) and an implied next-earnings move of ±11.6% ($4.15 to $5.23).

Direct Sub-Reports: BNC RQD Cockpit BNC 12M Forecast BNC Earnings & Move BNC Dividends & DRIP BNC Insiders & 13F BNC Whale Options BNC Profit Sankey BNC News & Why

ROARABLE RATING BRIEF • RQD 37/100 (D-) ✓ STAGE-C NUMBER FIREWALL VERIFIED

BNC — BNB Standard Corporation: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:39:42Z

1. Roarable Rating Brief: What This Means to a Prospective Investor

BNC scores 39 out of 100 with a letter grade of D-, labeled "Roarable Sell — Vulnerable Balance Sheet & Flow." Across the five pillars: the Fundamental Cash Engine scores 2 of 20 (ROIC of -35%; FCF yield of -10.09%), which is the weakest pillar and signals that the business is not currently generating returns on invested capital or free cash flow. Whale 13F Flow scores 12 of 20 (institutional accumulation and options positioning), a moderate reading. Insider Conviction scores 5 of 20 (SEC Form 4 and Congressional PTR cluster flow), indicating weak insider signaling. Macro Regime Fit scores 10 of 20 (Beta 1.0; sector sensitivity). Forensic Balance Sheet scores 10 of 20 (Altman Z 1.51; Piotroski F 4/9; Debt/Equity 0.5), placing the balance sheet in a vulnerable zone.

For a prospective investor evaluating the stock today, the upside case rests on flow-driven factors (institutional positioning and recent news momentum) rather than on demonstrated cash generation. The valuation tradeoff is stark: with a market cap of $263. The forensic readings (Altman Z 1.51, Piotroski F 4/9) reinforce elevated financial risk. The price moved -4.08% in the latest session on volume of 988990, and the stock trades within a 52-week range of $1.84 - $7.72, a wide band that reflects high volatility in the source data.

2. Business Model, Unit Margins & SEC Financial Trajectory

Per the Consumer Staples sector and Farming/Seeds/Milling industry classification in the source profile, BNB Standard Corporation trades on NASDAQ under the ticker BNC. The profile describes it as a Consumer Staples issuer with a market capitalization of $0.3B. — describes its specific products, customers, or revenue model.4M.

Operating income was negative across all three reported periods, and FY 2025 operating loss of -$159.6M is far larger than prior years. Per the market data, operating margin is -60%, gross margin is 0%, and net margin is 68%; the positive net margin sits against a large operating loss and is not explained in the source data. ROIC is -35%. The Altman Z-Score is 1.51 and the Piotroski F-Score is 4/9, both weak readings, and Debt/Equity is 0.5. Cash rose to $11.3M in FY 2025 from $9.5M in FY 2024, but FCF was -$26.6M in FY 2025.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case: Recent news flow includes a GREEN-flagged catalyst citing a 14% stock gain tied to a treasury shift and Nasdaq rebrand, with 12/20 whale 13F flow pillar showing institutional accumulation. With Fundamental Cash Engine at 2/20 (ROIC -35.0%, FCF yield -10.09%) and Institutional Whale Flow at 10/20, sustained execution supports upside toward the top of the $1.84 – $7.72 52-week range.
🐻 Primary Bear Case: Negative ROIC of -35%, FCF yield of -10.09%, and an FY 2025 operating loss of -$159.6M leave the cash engine at 2/20, with weak forensic metrics (Altman Z 1.51, Piotroski F 4/9). Investors must weigh current valuation against -60.0% operating margins and a 1.00 macro beta if sector demand softens.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

— The Butterfly Supply-Chain Graph lists no upstream or downstream links and no proprietary signals, so no supply-chain dependencies, sector correlations, or 2nd-order bottlenecks can be identified from the source data.

Key Question #1: What explains the FY 2025 operating loss of -$159.6M and net income of $115.2M, which diverge sharply from prior-year results?
Key Question #2: What are the debt levels, since debt is reported as N/A across all periods?
Key Question #3: Who are the institutional and insider holders underlying the 12/20 whale flow and 5/20 insider scores?

BNC Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for BNB Standard Corporation (BNC) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to BNC Debate Forum (3) ↓

🟡 MARKET WIRE Nasdaq • 20h ago

BNB Standard Corporation Rings the Opening Bell

Nasdaq report covering BNB Standard Corporation (BNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 23h ago

A former Goldman Sachs banker will lead BNB Standard, which plans a system to verify digital-currency transactions.

Stock Titan report covering BNB Standard Corporation (BNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH The Globe and Mail • 1d ago

CEA Industries Appoints Alex Odagiu as Chief Executive Officer

The Globe and Mail report covering BNB Standard Corporation (BNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE BigGo Finance • 1d ago

BNB Standard Rings Nasdaq Bell as Largest Corporate BNB Holder, With Validator Plan on Deck

BigGo Finance report covering BNB Standard Corporation (BNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST Coinpedia • 1d ago

BNC Stock Gains 14% as BNB Treasury Shift Drives Nasdaq Rebrand

Coinpedia report covering BNB Standard Corporation (BNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 1d ago

A lawyer working in digital assets since 2015 will lead BNB Standard’s legal strategy.

Stock Titan report covering BNB Standard Corporation (BNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 1d ago

An employment award gives BNB Standard (BNC) officer 363,636 stock units vesting through July 2030.

Stock Titan report covering BNB Standard Corporation (BNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Titan • 1d ago

BNB Standard (Nasdaq: BNC) retains its up-to-$50M stock-sale program without registering more securities.

Stock Titan report covering BNB Standard Corporation (BNC) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

BNC Bull vs. Bear Conversation Board — What's Your Call at $4.69?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON BNC 🐻 33% BEARISH CONVICTION

SI SiliconVal_Bull Growth & Tech Investor 🐂 BULLISH 🎯 Target: $6.48 (+30.9%)

📌 Pinned Debate

Recent news flow includes a GREEN-flagged catalyst citing a 14% stock gain tied to a treasury shift and Nasdaq rebrand, with 12/20 whal

Don't sleep on BNC's setup in Consumer Staples. Recent news flow includes a GREEN-flagged catalyst citing a 14% stock gain tied to a treasury shift and Nasdaq rebrand, with 12/20 whale 13F flow pillar showing institutional accumulation.. Beta of 1.0 means it moves fast when momentum turns, and the 5-pillar RQD gauge (37/100) backs up the fundamental quality.

SectorRotator 🐂 BULL

@CreditSpread_Watch Fair point on current EV/EBITDA multiples, but you're ignoring the forward operating leverage in Farming/Seeds/Milling. If gross margin (0.0%) holds, EPS grows into the multiple faster than bears think.

CR CreditSpread_Watch Balance Sheet Analyst 🐻 BEARISH 🎯 Target: $4.06 (-18.0%)

Spot @ $4.95

Negative ROIC of -35%, FCF yield of -10.09%, and an FY 2025 operating loss of -$159.6M leave the cash engine at 2/20, with weak forensi

Here is the bear case nobody on the bull side wants to address on BNC: Negative ROIC of -35%, FCF yield of -10.09%, and an FY 2025 operating loss of -$159.6M leave the cash engine at 2/20, with weak forensic metrics (Altman Z 1.51, Piotroski F 4/9).. At current EV/EBITDA multiples, even a small guidance miss in Farming/Seeds/Milling triggers a 12-15% air pocket.