BingEx Ltd: Form 20-F for the period ended Dec 31, 2024
Filed with the SEC on Apr 25, 2025 and accepted by EDGAR at Apr 25, 2025, 06:09 ET.
Sections
Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. The main document on sec.gov.
Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2024-12-31. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 12 months2024-01-01 to 2024-12-31 | $612.1m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months2024-01-01 to 2024-12-31 | $544.9m | us-gaap:CostOfRevenue |
| Gross profit | 12 months2024-01-01 to 2024-12-31 | $67.2m | us-gaap:GrossProfit |
| Research and development | 12 months2024-01-01 to 2024-12-31 | $19.7m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months2024-01-01 to 2024-12-31 | −$3.5m | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months2024-01-01 to 2024-12-31 | $9.0k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months2024-01-01 to 2024-12-31 | −$20.1m | us-gaap:NetIncomeLoss |
| Diluted shares (weighted) | 12 months2024-01-01 to 2024-12-31 | 103,695,655 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months2024-01-01 to 2024-12-31 | $300.0k | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months2024-01-01 to 2024-12-31 | $156.0k | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | At period end2024-12-31 | $81.2m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2024-12-31 | $117.6m | us-gaap:AssetsCurrent |
| Total assets | At period end2024-12-31 | $169.3m | us-gaap:Assets |
| Current liabilities | At period end2024-12-31 | $62.9m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2024-12-31 | $66.9m | us-gaap:Liabilities |
| Shareholders' equity | At period end2024-12-31 | $102.3m | us-gaap:StockholdersEquity |
| Shares outstanding | At period end2024-12-31 | 213,389,729 shares | dei:EntityCommonStockSharesOutstanding |
Source: SEC EDGAR, the filing index for accession 0001641172-25-006073. Last ingested by Listed: Oct 24, 2026, 15:06 ET. Listed shows no prices and gives no investment advice.