Friday 6 November 2026
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Bullfrog AI Holdings Inc.
BFRG Healthcare Health Information Services
Bullfrog AI Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $116,700.00, up 79.5% from fiscal 2023.
- Revenue
- +2,054.0%
- EPS
- +53.3%
- Free cash flow
- −5.67%
- Total debt
- −45.1%
Quarter to June 2026, against a year earlier
0.51
0.02
+4.08%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 0 | 0 | — | 0 | 0 | +126.8% | 1 | 5 | 16 | +410.2% | |
| Gross margin, % | — | — | — | — | — | — | 92.00 | 92.00 | — | 18.77 | 47.49 | (73.2) pt | ||||||
| EBT | — | — | — | — | 0 | (1) | (3) | (5) | (7) | (6) | (6) | +80.2% | ||||||
| EBT margin, % | — | — | — | — | 0.00 | 0.00 | (28,025.00) | (8,239.85) | 0.00 | (5,568.21) | (1,510.07) | (5,568.2) pt | ||||||
| Net income | — | — | — | — | 0 | (1) | (3) | (5) | (7) | (6) | (6) | +80.2% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.02 | n/m | |||||
| Earnings | — | — | — | — | (0.06) | (0.14) | (0.70) | (0.89) | (0.85) | (0.63) | (0.46) | +60.0% | ||||||
| Cash flow | — | — | — | — | (0.04) | (0.09) | (0.23) | (0.99) | (0.68) | (0.53) | (0.29) | +70.1% | ||||||
| Capex | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | n/m | ||||||
| Free cash flow | — | — | — | — | (0.04) | (0.09) | (0.23) | (0.99) | (0.68) | (0.53) | (0.29) | +70.1% | ||||||
| Book value | — | — | — | — | (0.10) | (0.25) | (0.76) | 0.43 | 0.60 | 0.21 | 0.37 | n/m | ||||||
| Shares, m | — | — | — | — | 6 | 4 | 4 | 6 | 8 | 10 | 13 | +12.8% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | — | — | 0.00 | 0.00 | — | 47.45 | 23.21 | 15.8 | ||||||
| P/B | — | — | — | — | — | — | 0.00 | 7.00 | — | 4.26 | 1.32 | 3.8 | ||||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.00 | — | 36.35 | 6.01 | 12.1 | ||||||
| EV/FCF | — | — | — | — | — | — | (29.99) | (2.62) | — | (1.26) | (0.43) | (11.3) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 0 | 0 | (1) | (6) | (6) | (6) | (5) | +92.0% | |||||
| Capex | — | — | — | — | — | — | 0 | — | — | — | 0 | — | ||||||
| Free cash flow | — | — | — | — | 0 | 0 | (1) | (6) | (6) | (6) | (5) | +92.0% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | (1) | (1) | (3) | 3 | 5 | 2 | 7 | n/m | |||||
| Net debt | — | — | — | — | 0 | 1 | 2 | (3) | (5) | (2) | (7) | n/m | ||||||
| Shareholders’ equity | — | — | — | — | (1) | (1) | (3) | 3 | 5 | 2 | 7 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | 0.00 | (7,758.94) | (6,200.22) | (374.93) | (169.03) | (155.45) | (113.54) | (155.4) pt | |||||
| ROIC | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (2,394.11) | 0.0 pt | ||||||
| ROE | — | — | — | — | 0.00 | 75.61 | 137.83 | 2,302.62 | (186.31) | (183.05) | (130.71) | (183.0) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 2 | 11 | 11 | 17 | 17 | — | +70.7% | |||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
Bullfrog AI Holdings Inc. vs peers in Health Information Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ONMD OneMedNet Corporation | $25.1M | — (loss-making) | — | +88.39% (above 0%: growing) | n/m | +14.05% (above 0%: growing) | (193.49%) | (774.32%) | Compare |
| BEAT HeartBeam, Inc. | $22.2M | — (loss-making) | — | — | n/m | −1.24% (below 0%: shrinking) | — | 0.00% | Compare |
| RNLXY Renalytix plc - Sponsored ADR | $17.2M | — (loss-making) | — | +13.73% (above 0%: growing) | n/m | +17.96% (above 0%: growing) | 19.16% | (783.91%) | Compare |
| BFRG Bullfrog AI Holdings Inc. | $9.1M | — (loss-making) | — (loss-making) | +2,054.00% (above 0%: growing) | n/m | −5.67% (below 0%: shrinking) | 49.63% | (658.82%) | |
| HLTHQ Cue Health Inc. | $6.9M | — (loss-making) | — (loss-making) | −87.19% (below 0%: shrinking) | n/m | +50.55% (above 0%: growing) | (90.14%) | (792.13%) | Compare |
| ACON Aclarion, Inc. | $4.5M | — (loss-making) | — (loss-making) | +78.48% (above 0%: growing) | n/m | −74.22% (below 0%: shrinking) | 43.86% | (8,164.70%) | Compare |
| MGRX Mangoceuticals, Inc. | $4.3M | — (loss-making) | — | −59.07% (below 0%: shrinking) | n/m | +79.27% (above 0%: growing) | 64.24% | (1,501.45%) | Compare |
| ZCMD Zhongchao Inc. | $4.3M | — (loss-making) | — | +20.44% (above 0%: growing) | −550.00% (below 0%: shrinking) | +191.85% (above 0%: growing) | 41.67% | 0.00% | Compare |
| HCTI Healthcare Triangle, Inc. | $3.2M | 0.0× | — (loss-making) | +158.38% (above 0%: growing) | n/m | +67.48% (above 0%: growing) | 22.48% | (44.28%) | Compare |
| Median of peers | $5.7M | — | — | +20.44% | — | +34.25% | 22.48% | (779.11%) |
Pay and ownership Proxy statement filed 30 April 2026
Ownership
Directors and executive officers, together
14.70%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement