BLPG
Blue Line Protection Group, Inc.0.0550
-0.0130-19.1%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
453.68KP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-Q
Q1 FY2025 results
Blue Line Protection Group posted Q1 FY2025 revenue of $1,038,795, down 9.1% y/y from $1,142,635, with transportation at 47.5% and currency processing at 52.3% of the mix. Gross profit fell to $650,271 from $765,406, trimming the margin to 62.6% from 67.0%, while operating expenses rose 8.0% to $612,019 on higher maintenance costs. Operating income shrank to $38,252 from $197,703, but net income held at $3,802 after interest expense eased to $30,853 from $49,520; diluted EPS dipped to $0.00 from $0.01 on 20,869,601 shares, reflecting anti-dilution from convertibles. Cash climbed to $407,958, up $57,068 q/q, with operating cash flow at $127,618 and free cash flow of $125,055 (derived); total debt eased to $837,985 including $363,500 in disputed convertible notes to related parties at 7.5-12% rates, maturing 2026. Revenue softened on customer shifts, yet cash flow persists. Ongoing arbitration with Hypur over $363,500 in notes poses a liquidity risk.
10-K
FY2024 results
Blue Line Protection Group ended FY2024 with revenue declining year-over-year due to client base shifts, while costs rose from longer travel and more personnel, squeezing margins amid cannabis industry headwinds. Q4 saw operational cash flow contribute to the year's $269,524 total, down sharply from 2023's $745,546, yet the company sold fixed assets for $39,879 to bolster liquidity. Loan repayments hit $537,268, underscoring debt pressures without new borrowings. No quarterly breakdowns disclosed, but annual trends point to decelerating momentum. Cash generation faltered. Federal enforcement shifts could derail client demand.
8-K
Debt payoff reduces liabilities 17%
10-Q
Q3 FY2024 results
Blue Line Protection Group posted Q3 revenue of $1.0M, down 7.5% y/y yet up 2.8% q/q (derived), with gross profit slipping to $617K amid higher travel and personnel costs. Operating income narrowed sharply to $466 from $221K y/y, driven by a 24.5% jump in general and administrative expenses to $617K, while net income held at $79K thanks to a $124K gain on derivative valuation. YTD through September 30, 2024, revenue climbed 2.8% y/y to $3.3M, yielding $104K net income and $465K operating cash flow; free cash flow stood at $458K after minimal $7K capex. Cash swelled to $848K, bolstered by related-party debt paydowns to $749K total, though derivative liabilities edged to $580K. Transportation (46%) and currency processing (54%) segments powered growth. Ongoing arbitration with Hypur over $364K disputed notes adds uncertainty.
10-Q
Q2 FY2024 results
Blue Line Protection Group posted revenue of $1.1M for Q2 ended June 30, 2024, up 3.6% y/y from $1.1M, while YTD revenue hit $2.3M, a 8.1% y/y gain driven by more customers in transportation, currency processing, and compliance services. Gross profit dipped to $724K from $737K y/y amid higher costs for distance and personnel, yet operating income held at $148K, down 16% y/y. A $233K loss on derivatives flipped the quarter to a $132K net loss, versus $131K profit last year; YTD net income was $25K, or $0.00 diluted EPS on 13.6M shares (derived). Cash climbed to $822K with $398K from operations minus $7K capex, yielding $391K FCF (derived), while repaying $156K on related-party notes totaling $809K long-term. Derivative liabilities swelled to $704K on fair-value changes. No non-GAAP metrics disclosed in the 10-Q. Regulatory hurdles in cannabis banking persist as a key risk.
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