# USBC, Inc.: overview

USBC · NYSE · CIK 1074828 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/usbc.md) · [Financials](/companies/usbc/financials.md) · [Filings](/companies/usbc/filings.md) · [Insiders](/companies/usbc/insiders.md)

Latest reported revenue: [$0](/filings/0001654954-23-015760.md) for Q4 FY2023, three months to 2023-09-30, from the 10-K filed Dec 19, 2023 (XBRL us-gaap:Revenues, accession 0001654954-23-015760).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q4 FY2026 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | not reported | [(0.04)](/filings/0001654954-26-002725.md) | [(1.24)](/filings/0001074828-26-000027.md) | [(0.55)](/filings/0001074828-26-000065.md) | not reported | [(0.07)](/filings/0001654954-26-002725.md) | [(0.07)](/filings/0001074828-26-000027.md) | [(0.05)](/filings/0001074828-26-000065.md) |
| Free cash flow | $k | [(3,256) d](/filings/0001654954-26-002725.md) | [(1,898)](/filings/0001654954-26-002725.md) | [(1,299) d](/filings/0001074828-26-000027.md) | [(1,291) d](/filings/0001654954-25-009047.md) | [(3,107) d](/filings/0001654954-26-002725.md) | [(4,630)](/filings/0001654954-26-002725.md) | not reported | not reported |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-09-30) | FY2022 (2022-09-30) | FY2023 (2023-09-30) | FY2024 (2024-09-30) | FY2025 (2025-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [0.0](/filings/0001654954-22-016732.md) | [4.4](/filings/0001654954-23-015760.md) | [0.0](/filings/0001654954-23-015760.md) | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | [(288.4%)](/filings/0001654954-23-015760.md) | not reported | not reported | not reported |
| Net margin | % | not reported | [(460.3%)](/filings/0001654954-23-015760.md) | not reported | not reported | not reported |
| Diluted EPS | $ per share | [(0.86)](/filings/0001654954-21-013414.md) | not reported | not reported | [(7.85)](/filings/0001654954-26-002725.md) | [(0.39)](/filings/0001654954-26-002725.md) |
| Free cash flow | $m | [(7.2)](/filings/0001654954-22-016732.md) | [(7.8)](/filings/0001654954-23-015760.md) | [(10.4)](/filings/0001654954-24-014480.md) | [(12.9)](/filings/0001654954-26-002725.md) | [(7.6)](/filings/0001654954-26-002725.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareBasicAndDiluted; Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/usbc/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [CRCM LP](/funds/1483234.md) | 2026-06-30 | $173.8k | 555,325 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $85.1k | 272,014 |  | Added +122,218 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $68.5k | 218,753 |  | Reduced −40,657 |
| [Vontobel Holding Ltd.](/funds/1588340.md) | 2026-06-30 | $59.7k | 190,653 |  | Added +179 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $45.5k | 145,320 |  | Added +127,989 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $29.1k | 92,900 |  | New +92,900 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $23.5k | 75,226 |  | Added +58,210 |
| [NORTHERN TRUST CORP](/funds/73124.md) | 2026-06-30 | $22.5k | 71,799 |  | New +71,799 |
| [TWO SIGMA SECURITIES, LLC](/funds/1450144.md) | 2026-06-30 | $11.7k | 37,223 |  | New +37,223 |
| [XTX Topco Ltd](/funds/1828301.md) | 2026-06-30 | $11.1k | 35,551 |  | Added +8,886 |

## Recent filings

[All 991 filings](/companies/usbc/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 16:28 ET | [S-1/A](/filings/0001074828-26-000089.md) | Registration statement, amended | 0001074828-26-000089 |
| 2026-10-14 | 09:21 ET | [8-K](/filings/0001074828-26-000084.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 8.01 Other events; 9.01 Financial statements and exhibits | 0001074828-26-000084 |
| 2026-10-01 | 09:00 ET | [8-K](/filings/0001074828-26-000081.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001074828-26-000081 |
| 2026-09-16 | 09:15 ET | [8-K](/filings/0001074828-26-000078.md) | 2.03 New direct financial obligation | 0001074828-26-000078 |
| 2026-08-27 | 17:14 ET | [S-1/A](/filings/0001074828-26-000074.md) | Registration statement, amended | 0001074828-26-000074 |
| 2026-08-24 | 09:06 ET | [8-K](/filings/0001074828-26-000071.md) | 5.02 Departure or appointment of officers or directors | 0001074828-26-000071 |
| 2026-08-24 | 09:02 ET | [8-K](/filings/0001074828-26-000069.md) | 5.02 Departure or appointment of officers or directors | 0001074828-26-000069 |
| 2026-08-07 | 09:23 ET | [10-Q](/filings/0001074828-26-000065.md) | Quarterly report, period 2026-06-30 | 0001074828-26-000065 |
| 2026-08-03 | 16:56 ET | [8-K](/filings/0001074828-26-000058.md) | 2.03 New direct financial obligation; 8.01 Other events | 0001074828-26-000058 |
| 2026-07-13 | 17:26 ET | [S-1/A](/filings/0001074828-26-000052.md) | Registration statement, amended | 0001074828-26-000052 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001654954-26-002725.md), filed Mar 25, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1074828
- Tickers: USBC
- Exchange: NYSE
- SIC code: 6199 Finance Services
- State of incorporation: NV
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 16:29 ET. No prices; not investment advice.
