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Black Titan Corporation

BTTC NASDAQ Categories PDF
Financial Services · Asset Management
Petaling Jaya, 47800, Cayman Islands IPO 2025 blacktitancorp.com Updated Jun 27, 12:48am
Price
$0.78
Market Cap
$6.0M
Employees
37
Beta
1.21
Avg Volume
200,385
CEO
Weei Jye Chay
Business Description

Black Titan Corp. was established with the specific aim of orchestrating a merger between Titan Pharmaceuticals Inc. and TalenTec Sdn Bhd. Moving forward, the company intends to actively seek out and identify promising commercial prospects. Its inception date was July 11, 2024, and its principal operations are based in Petaling Jaya, Malaysia.

Business History
Price History (1 Year)
Last updated: Jun 27, 2026 12:48am (8h ago)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 25, 2026 2:23am (2d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
0.00
Stock Price: $0.78
EPS (Diluted): -2,937.35
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
0.00
Stock Price: $0.78
Total Equity: $954,291
Shares: 846
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-0.94
Market Cap: $5.99M
Total Debt: $150,507
Cash: $575,111
EBITDA: $286,565
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$-269,197
Market Cap: $5.99M
Total Debt: $150,507
Cash: $575,111
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
33.0%
Gross Profit: $884,928
Revenue: $2.68M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
8.4%
Operating Income: $226,050
Revenue: $2.68M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
7.8%
Net Income: $209,911
Revenue: $2.68M
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
22.0%
Net Income: $209,911
Total Equity: $954,291
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
42.7%
Operating Income: $226,050
Tax Rate: 0.0%
Equity: $954,291
Total Debt: $150,507
Cash: $575,111
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
1.47
Current Assets: $2.46M
Current Liabilities: $1.68M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.16
Short-Term Debt: $150,507
Long-Term Debt: $0.00
Total Debt: $150,507
Total Equity: $954,291
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$3,171.54
Revenue: $2.68M
Shares: 846
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$1,128.00
Total Equity: $954,291
Shares: 846
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$320.09
Operating CF: $394,218
CapEx: -$123,425
Shares: 846
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $0.78
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $209,911
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares BTTC against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 25, 2026 2:23am (2d ago)
Metric 2021 2022 2023 2024 2025
Revenue $1.5M $2.4M $2.1M $2.1M $2.7M
Cost of Revenue $309,500 $1.9M $1.6M $1.4M $1.8M
Gross Profit $1.2M $550,460 $464,109 $686,835 $884,928
Operating Expenses $10.6M $601,404 $418,299 $568,175 $658,878
Operating Income -$9.4M $-50,944 $45,810 $118,660 $226,050
Net Income -$8.8M $-86,556 $11,686 $153,227 $209,911
EBITDA -$8.6M $27,112 $107,339 $237,230 $286,565
EPS $-18.04 $-0.01 $0.00 $0.02 $-2,937.35
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 25, 2026 2:23am (2d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $6.3M $6,961 $3,353 $371,963 $575,111
Total Current Assets $7.2M $1.3M $1.1M $1.9M $2.5M
Total Assets $8.0M $1.3M $1.1M $2.2M $2.7M
Current Liabilities $2.7M $1.3M $1.2M $1.1M $1.7M
Long-Term Debt $0 $229,744 $117,563 $0 $0
Total Liabilities $2.9M $1.6M $1.3M $1.2M $1.8M
Total Equity $5.1M $-255,132 $-242,482 $1.0M $954,291
Retained Earnings -$376.1M $-424,031 $-412,345 $35,850 $-49,207
Cash Flow (Annual)
Last updated: Jun 25, 2026 2:23am (2d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$7.9M $-252 $308,475 $191,554 $394,218
Capital Expenditure $-23,000 $-159 $0 $-1,526 $-123,425
Free Cash Flow -$7.9M $-411 $308,475 $190,028 $270,793
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $919,000 $-55,893 $-905 $685,957 $-50,098
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 12:48am (8h ago)
Metric 2023 2024 2025 2026
Revenue $11.9M
$11.9M – $11.9M
$16.5M
$16.5M – $16.5M
$7.1M
$7.1M – $7.1M
$35.4M
$35.4M – $35.4M
EBITDA -$4.3M
-$4.3M – -$4.3M
-$2.4M
-$2.4M – -$2.4M
-$1.0M
-$1.0M – -$1.0M
-$5.1M
-$5.1M – -$5.1M
Net Income -$119.7M
-$119.7M – -$119.7M
$-12,874
$-12,874 – $-12,874
$-7,284
$-7,284 – $-7,284
$14,737
$14,737 – $14,737
EPS
Growth Trends (YoY %)
Last updated: Jun 25, 2026 2:23am (2d ago)
Metric 2022 2023 2024 2025
Revenue Growth +57.4% -13.3% +2.0% +26.3%
Gross Profit Growth -54.8% -15.7% +48.0% +28.8%
Operating Income Growth +99.5% +189.9% +159.0% +90.5%
Net Income Growth +99.0% +113.5% +1,211.2% +37.0%
EBITDA Growth +100.3% +295.9% +121.0% +20.8%
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for BTTC — it's generated by the pipeline (market-narrative step).
Community AI Feedback
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30