BIYA on Nasdaq
Baiya International Group Inc.
Price unavailable
Last updated Oct 16, 2026.
Overview
Compare with Click Holdings Ltd., Syra Health Corp or GEE Group Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
11.5%Gross margin2
-58.1%Operating margin2
-57.8%Net margin2
28.6%Revenue growth, 20252
-41.5%Return on equity2
-$7.4MFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Project Outsourcing Service brought in 85% of the revenue Baiya International Group Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Project Outsourcing Service | $10.1M | $12.8M | $14.0M |
| Research And Development Technical Services | $1.4M | ||
| Entrusted Recruitment Service | $1.5M | $42.2K | $1.1M |
| Other | $1.2K | $3.0K | $55.1K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue88¢$14.6M
- Research and development1¢$227.1K
- Other costs10¢$1.7M
- Income tax0¢$19.1K
Out of $16.5M in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net revenues | $16.5M | $12.8M | $11.6M |
| Cost of revenues | $14.6M | $11.4M | $10.8M |
| Gross profit | $1.9M | $1.4M | $802.3K |
| Selling expenses | $996.4K | $214.7K | $127.2K |
| General and administrative expenses | $10.3M | $890.1K | $1.1M |
| Research and development expenses | $227.1K | $238.2K | $300.5K |
| Total operating expenses | $11.5M | $1.3M | $1.5M |
| (Loss) income from operations | -$9.6M | $64.4K | -$719.1K |
| Interest income (expense), net | $3.3K | -$31.5K | -$24.0K |
| Government subsidy income | $5.8K | $33.7K | |
| Other income (expenses), net | $111.6K | -$3.5K | -$321.1K |
| Other income (expenses), net | $115.0K | -$29.1K | -$311.5K |
| Income (loss) before income tax | -$9.5M | $35.2K | -$1.0M |
| Less: income tax expense | $19.1K | $28.5K | $32.2K |
| Net (loss) income | -$9.5M | $6.7K | -$1.1M |
| Foreign currency translation gain (loss) | $85.8K | -$71.3K | -$46.5K |
| Total other comprehensive income (loss) | $85.8K | -$71.3K | -$46.5K |
| Less: net income (loss) attributable to non-controlling interests | $51.9K | $15.4K | -$45.7K |
| Net loss attributable to common shareholders of Baiya International Group Inc. | -$9.5M | -$8.8K | -$1.0M |
| Total comprehensive loss | -$9.4M | -$64.6K | -$1.1M |
| Less: comprehensive income (loss) attributable to noncontrolling interest | $63.6K | $11.9K | -$48.1K |
| Comprehensive loss attributable to common shareholders of Baiya International Group Inc. | -$9.5M | -$76.5K | -$1.1M |
| Basic (in Dollars per share) | -$5.04 | -$0.02 | -$2.66 |
| Diluted (in Dollars per share) | -$5.04 | -$0.02 | -$2.66 |
| Basic (in Shares) | 1.9M shares | 400.0K shares | 400.0K shares |
| Diluted (in Shares) | 1.9M shares | 400.0K shares | 400.0K shares |
No quarterly figures reported.
Every line of the balance sheet in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $688.9K | $1.7M | |
| Accounts receivable, net | $1.7M | $1.6M | |
| Deferred IPO costs | $889.2K | ||
| Prepaid expenses and other current assets | $5.9M | $177.3K | |
| Loan receivable from third parties, current | $17.7M | ||
| Total current assets | $26.4M | $4.4M | |
| Restricted cash, non-current | $1.4M | ||
| Property and equipment, net | $7.1K | $1.9K | |
| Right-of-use asset, net | $42.7K | $49.4K | |
| Loan receivable from third parties, non-current | $443.8K | ||
| Other non-current assets | $33.0K | ||
| Total noncurrent assets | $1.5M | $528.0K | |
| TOTAL ASSETS | $27.8M | $5.0M | |
| Accounts payable | $2.0M | $1.7M | |
| Loan payable to third parties | $107.2K | $164.4K | |
| Advance from customers | $31.0K | $29.7K | |
| Accrued liabilities and other payables | $2.3M | $2.1M | |
| Taxes payable | $106.0K | $146.2K | |
| Lease liabilities | $36.4K | $8.4K | |
| Bank loan payables, current | $117.3K | ||
| Total current liabilities | $4.8M | $4.4M | |
| Lease liabilities | $6.4K | $44.0K | |
| Total non-current liabilities | $6.4K | $44.0K | |
| TOTAL LIABILITIES | $4.8M | $4.4M | |
| Additional paid-in capital | $33.7M | $1.8M | |
| Statutory Reserve | $458.8K | $380.9K | |
| Accumulated other comprehensive loss | -$147.1K | -$221.1K | |
| Accumulated deficit | -$11.1M | -$1.5M | |
| Total Company shareholders equity | $23.0M | $500.3K | |
| Non-controlling interest | $113.4K | $49.8K | |
| Total shareholders' equity | $23.1M | $550.1K | $594.3K |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | $27.8M | $5.0M | |
| Preferred shares, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preferred shares, authorized (in Shares) | 100.0M shares | 100.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net (loss)/income | -$9.5M | $6.7K | -$1.1M |
| Depreciation expense | $407 | $443 | $799 |
| Allowances for credit losses | $126.0K | -$43.9K | $121.9K |
| Gain on disposal of subsidiaries | $12.5K | ||
| Amortization of operating lease right-of-use assets | $41.2K | $11.7K | $139.6K |
| Changes in deferred income tax | $5.8K | ||
| Stock compensation expense | $6.1M | ||
| Accounts receivable, net | $49.4K | $2.0M | -$1.3M |
| Advance to suppliers, net | $40.4K | ||
| Due from related parties | $894.1K | -$900.7K | |
| Prepaid expenses and other current assets | -$4.6M | $126.9K | -$138.7K |
| Accounts payable | $259.5K | -$1.1M | $1.1M |
| Accrued liabilities and other payables | $166.3K | -$165.0K | $175.1K |
| Taxes payable | -$45.2K | -$105.4K | $33.2K |
| Lease liability | -$44.3K | -$1.5K | -$2.4K |
| Net cash (used in) provided by operating activities | -$7.4M | $1.6M | -$1.8M |
| Purchase of fixed assets | -$5.5K | ||
| Loan to third party | -$17.2M | ||
| Net cash used in investing activities | -$17.2M | ||
| Proceeds from loans - bank | $55.4K | ||
| Due to related parties | -$349.1K | $938.4K | -$416.2K |
| Repayments to loans - bank | -$119.1K | -$638.7K | -$31.2K |
| Repayment to third party loan | -$62.6K | -$278.1K | |
| Advance to third party loan | -$60.7K | ||
| Net proceeds from issuance of common stock | $25.5M | ||
| Net cash provided by (used in) financing activities | $25.0M | $77.0K | -$508.1K |
| EFFECT OF EXCHANGE RATE CHANGES ON CASH | $65.9K | -$24.4K | -$62.9K |
| NET INCREASE (DECREASE) IN CASH AND RESTRICTED CASH | $450.6K | $1.6M | -$2.4M |
| Cash paid for income tax | $4.5K | $15.1K | |
| Cash paid for interest | $5.9K | $36.7K | $63.0K |
| Right of use assets obtained in exchange for operating lease liability | $78.8K | $3.0K | $5.0K |
| Due from related party offset with due to related party upon execution of debt offset agreement | $1.8M | ||
| Shares issued as prepayment for acquisition of subsidiary | $1.2M |
Recent filings
- Sep 29, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Aug 21, 2026F-3/A AMENDMENT NO. 1 TO FORM F-3
- Aug 7, 2026S-8 REGISTRATION STATEMENT
- Jul 23, 2026F-3 REGISTRATION STATEMENT
- Jul 8, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Jul 6, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Jun 26, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Jun 11, 20266-K CURRENT REPORT
- Jun 9, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Jun 1, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Apr 30, 202620-F ANNUAL REPORT
- Apr 30, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Apr 23, 20266-K REPORT OF FOREIGN PRIVATE ISSUER
- Apr 1, 2026424B3 PROSPECTUS
- Mar 26, 2026EFFECT
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4