Black Titan Corporation

BTTC Technology Software Application

In the quarter to January 2026, EPS grew 71.6% and free cash flow fell 474.2%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

0.37 0.03 −7.50%
Market cap
$5.9M
P/E
0.0×
Fwd P/E
−1.2×
Dividend yield
—
F-score
3/9
Altman Z
−67.23
Beneish M
−0.00
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 5.92
Revenue 0.18
Net Income (5.13)
Free Cash Flow (6.04)
Net Debt (4.24)
Current Ratio 4.62 (at or above 1.5: strong)
Debt/Equity 0.06 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (1.20) (negative: loss-making)
P/S ratio 2.14
P/B ratio 0.07
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth (100.00%) (below 0%: weak)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 9.47%
10-year low 10-year high
P/B against its own 10 years 0.26%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2022 2023 2024 Q'26
Cash 3 8 3 5
Receivables 0 0 0 0
Inventory 0 — — —
Other 0 — — —
4 8 3 9
2022 2023 2024 Q'26
Payables 1 0 0 0
ST’ Debt — — — 0
Other 0 — — 0
3 1 0 2

Compound Annual Growth %

10y 5y 3y
Sales (33.25%) (51.16%) (66.37%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (11.85%) 11.23% (21.98%)

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’23 0 0 0 — 0
’22 0 0 0 0 1
’21 1 0 0 0 2
’20 1 1 1 1 5
’19 1 1 1 0 3
’18 1 3 2 1 7
Fiscal quarters ending in the months shown.
value withheld pending a data check

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (1) — — —
’24 (1) (2) (1) (1) (4)
’23 (2) (1) (2) (2) (7)
’22 (3) (2) (2) (2) (8)
’21 (3) (2) (2) (1) (8)
’20 (5) (4) (3) (5) (17)
’19 (4) (4) (3) (4) (15)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) (1) — — —
’24 (1) (2) (1) (1) (4)
’23 (2) (1) (2) (2) (7)
’22 (3) (2) (2) (2) (8)
’21 (3) (2) (2) (1) (8)
’20 (5) (4) (4) (5) (18)
’19 (4) (4) (3) (4) (16)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.62) (0.65) — — —
’24 (1.24) (2.29) (0.83) (0.85) (5.23)
’23 (2.20) (2.20) (0.40) (2.61) (7.41)
’22 (4.80) (3.60) (3.60) (3.40) (15.20)
’21 (5.60) (3.40) (3.80) (5.20) (18.00)
’20 (42.04) (30.03) (30.03) 3.39 (96.70)
’19 (204.20) (228.23) (108.11) (48.05) (432.43)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Trend 2025e 2026e 2027e
Price, $
Price, $ Low — 9,252.07 4,050.03 619.20 85.20 56.40 19.60 6.99 5.00 3.12

Analyst estimates 2025–2027

Powerpack
High — 31,464.25 17,280.13 5,220.04 1,470.01 327.00 92.20 31.80 21.80 14.80
People
People Employees — 14 13 23 21 12 11 4 4 —
Revenue/emp, $m — 1.08 0.02 0.29 0.12 0.40 0.14 0.14 0.05 —
Income, $m
Income, $m Revenue — 15 0 7 3 5 2 1 0 —
Gross margin, % — 100.00 100.00 91.87 100.00 90.24 86.96 100.00 100.00 —
EBT — 5 (14) (9) (7) (7) (9) (10) (6) (5)
EBT margin, % — 34.09 (6,654.42) (136.34) (287.52) (153.10) (575.10) (1,832.32) (3,026.63) 0.00
Net income — 5 (14) (9) (16) (18) (9) (10) (6) (5)
Depreciation — 0 0 0 0 0 0 1 0 0
Per share, $
Per share, $ Revenue — 2,597.41 36.44 696.63 68.02 25.64 3.14 0.83 0.24 0.00
Earnings — 900.72 (2,413.93) (952.75) (432.43) (73.01) (18.00) (15.20) (7.41) (5.23)
Cash flow — 1,085.00 (2,148.64) (887.47) (403.26) (91.17) (16.24) (12.18) (9.43) (4.32)
Capex — (29.48) (29.66) (43.79) (6.68) (2.86) (0.05) 0.00 0.00 0.00
Free cash flow — 1,055.52 (2,178.31) (931.26) (409.95) (94.03) (16.28) (12.18) (9.43) (4.32)
Book value — 2,274.31 145.25 719.05 37.42 18.72 10.56 2.03 8.83 2.71
Shares, m — 0 0 0 0 0 0 1 1 1
Valuation, ×
Valuation, × P/E — 17.87 0.00 0.00 0.00 0.00 0.00 0.00 0.00 —
P/S — 6.14 138.31 1.15 1.71 2.57 6.50 19.30 33.72 —
P/B — 7.36 34.70 1.12 3.11 3.52 1.93 7.89 0.93 —
EV/Sales — 5.25 132.27 0.35 1.35 1.58 2.55 14.01 (5.10) —
EV/FCF — 13.57 (2.21) (0.26) (0.22) (0.43) (0.49) (0.95) 0.13 —
Cash, $m
Cash, $m Operating cash flow — 6 (13) (8) (15) (17) (8) (8) (7) (4)
Capex — 0 0 0 0 (1) 0 — 0 —
Free cash flow — 6 (13) (9) (16) (18) (8) (8) (7) (4)
Balance, $m
Balance, $m Working capital — 13 4 10 5 3 5 1 7 2
Total debt — — 7 4 4 1 0 0 — —
Net debt — (14) (1) (5) (1) (5) (6) (3) (8) (3)
Shareholders’ equity — 13 1 7 1 4 5 1 7 2
Returns, %
Returns, % ROA — 32.14 (103.78) (80.94) (139.37) (207.19) (109.15) (169.37) (91.72) (85.49)
ROIC — 0.00 0.00 (346.88) (982.53) 0.00 0.00 0.00 0.00 0.00
ROE — 50.89 (203.69) (242.14) (398.31) (734.82) (202.45) (313.98) (139.16) (103.66)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2023 · latest quarter Dec 2023

Charts ten years each

Black Titan Corporation vs peers in Software Application (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
IFBD Infobird Co., Ltd. $6.8M — (loss-making) — (loss-making) −64.75% (below 0%: shrinking) +85.14% (above 0%: growing) +80.81% (above 0%: growing) 36.20% 0.00% Compare
NVNIF Nvni Group Limited $6.6M 0.1× — (loss-making) — +552.83% (above 0%: growing) +35.38% (above 0%: growing) — — Compare
VS Versus Systems Inc. $6.5M — (loss-making) 17.3× +648.52% (above 0%: growing) −28.57% (below 0%: shrinking) +7.54% (above 0%: growing) 100.00% 39.84% Compare
RCT RedCloud Holdings plc $6.1M — — — — −194.13% (below 0%: shrinking) — — Compare
BTTC Black Titan Corporation $5.9M — (loss-making) — (loss-making) −100.83% (below 0%: shrinking) n/m −474.20% (below 0%: shrinking) 100.00% 0.00%
AUUD Auddia Inc. $5.9M 0.3× — (loss-making) −88.27% (below 0%: shrinking) n/m −110.94% (below 0%: shrinking) (768.42%) (39,789.47%) Compare
AMST Amesite Inc. $5.8M — (loss-making) 2.8× +41.76% (above 0%: growing) n/m −30.31% (below 0%: shrinking) 100.00% (1,329.58%) Compare
ORKT Orangekloud Technology Inc. $5.8M — — — — — — — Compare
LDTCF LeddarTech Holdings Inc. $5.7M — (loss-making) — (loss-making) −87.91% (below 0%: shrinking) n/m +39.91% (above 0%: growing) 100.00% (5,586.30%) Compare
Median of peers $6.0M — — −64.75% +85.14% +7.54% 100.00% (1,329.58%)

All 237 Software Application stocks →

Black Titan Corporation (BTTC) key facts

  • Black Titan Corporation (BTTC) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, BTTC traded at $0.37, a market capitalization of $5.9 million.
  • Return on equity was −103.7% and debt-to-equity 0.06.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −67.23 (distress zone) for fiscal 2023.

Source: company filings (standardised) and stockrow calculations.

Black Titan Corporation (BTTC) Latest News

20 Jan

Impact 4 ·
Impact 4 ·
Impact 3 ·

14 Aug

14 May

stockrow.com/BTTC · Data as of Dec 31, 2023 · For information only; not investment advice. · © 2026 stockrow.com