BGSF BGSF, INC.

Overview and Growth

Fiscal 2025 results for BGSF, INC. combined $93.31M of revenue with net loss of $11.43M and an operating cash inflow of $142.00K. At $93.31M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line contracted 10.6% from $104.40M in fiscal 2024; this top-line contraction left the company with a smaller revenue base. Diluted earnings per share were -$1.04, translating the period’s attributable earnings into the amount reported for each diluted share. Revenue equaled 1.61x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

After reported cost of revenue, the company retained $33.33M as gross profit before recognizing operating expenses and other items. Gross profit represented 35.7% of revenue, showing how much of the top line remained after direct costs. Operations produced a $8.90M operating loss before non-operating and tax effects. The operating loss equaled 9.5% of revenue, showing the scale of the operating deficit relative to sales. After all below-operating-line items, the company recorded a net loss of $11.43M for the fiscal year. Net margin was -12.2%, reflecting a loss equal to 12.2% of reported revenue. Before income taxes, the company recorded a loss of $13.41M, bridging the operating result to the final net loss. Pretax margin was -14.4%, reflecting a pre-tax loss equal to 14.4% of revenue. The company recognized an income-tax benefit of $1.28M, increasing after-tax earnings relative to the pretax result. The loss-to-equity relationship was 23.8%, placing the bottom-line deficit against shareholder capital. The net loss equaled 19.8% of period-end assets, showing the deficit relative to the asset base.

Liquidity and Capital Structure

At period end, the $57.84M asset base was financed through $9.73M of liabilities and $48.10M of equity. Current assets were $38.45M against $9.33M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 4.12x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $19.02M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 203.7% of current liabilities, showing how much near-term coverage came from cash alone. The company carried $0.00 of total debt at period end, which frames its leverage and debt-service burden. Debt equaled 0.0x of book equity, describing the relative scale of borrowing and shareholder capital. Debt represented 0.0% of total assets, placing borrowing in the context of the company’s full resource base. The liabilities-to-assets relationship was 16.8%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 32.9%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 61.5% lower than fiscal 2024 assets of $150.11M, measuring the company’s own balance-sheet change. Reported equity changed 41.5% from $82.27M in fiscal 2024, placing the current capital base lower year over year.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $142.00K, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The cash-flow statement records $138.00K of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 97.2%, connecting investment intensity with the company’s cash-generation base. After capital spending, free cash flow was $4.00K, leaving cash available for debt reduction, shareholder returns, or further investment. The free-cash-flow margin was 0.0%, measuring cash remaining after capital spending against revenue. Measured against total assets, free cash flow represented 0.0%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 28, 2025. Analysis generated Oct 21, 2026.