View Future GrowthBlack Titan 과거 순이익 실적과거 기준 점검 3/6Black Titan은 연평균 370.8%의 비율로 수입이 증가해 온 반면, IT 산업은 수입이 7.8% 증가했습니다. 매출은 연평균 29.3%의 비율로 증가했습니다. Black Titan의 자기자본이익률은 38.8%이고 순이익률은 14.3%입니다.핵심 정보370.80%순이익 성장률335.93%주당순이익(EPS) 성장률IT 산업 성장률22.43%매출 성장률29.29%자기자본이익률38.83%순이익률14.34%최근 순이익 업데이트31 Jan 2025최근 과거 실적 업데이트업데이트 없음모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$1.50, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 20x in the IT industry in the US.Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$1.55, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 19x in the IT industry in the US.New Risk • Mar 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.60m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (47% accrual ratio). Market cap is less than US$10m (US$9.60m market cap). Minor Risks Latest financial reports are more than 6 months old (reported January 2025 fiscal period end). Revenue is less than US$5m (US$2.7m revenue).Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 37%After last week's 37% share price gain to US$2.35, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 27x in the IT industry in the US.New Risk • Jan 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended January 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (47% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported January 2025 fiscal period end). Revenue is less than US$5m (US$2.7m revenue). Market cap is less than US$100m (US$12.6m market cap).Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$1.77, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 30x in the IT industry in the US.Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to US$4.12, the stock trades at a trailing P/E ratio of 78x. Average trailing P/E is 31x in the IT industry in the US.New Risk • Nov 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). High level of non-cash earnings (47% accrual ratio). Minor Risks Revenue is less than US$5m (US$2.7m revenue). Market cap is less than US$100m (US$23.1m market cap).Board Change • Nov 18High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Gabriel Loh is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Nov 13Black Titan Corporation Appoints Czhang Lin as Co Chief Executive OfficerBlack Titan Corporation announced the appointment of Czhang Lin as Co-Chief Executive Officer, further strengthening the Company's leadership team as it accelerates its strategic expansion into the digital asset and blockchain sectors. Mr. Lin brings deep expertise in the cryptocurrency and blockchain ecosystem, with a track record of investing in and advising high-growth Web3 projects around the world since 2017. He has collected a vast network over the last 8 years by investing in projects or taking key roles in various funds, that include Binance labs and now currently serves as investment committee for Lbank Labs. Mr. Lin has been instrumental in identifying early-stage opportunities and driving institutional adoption of blockchain technologies. In his new role as Co-CEO, Mr. Lin will lead Black Titans crypto strategy, focusing on strategic investments in digital currencies, direct token acquisitions, blockchain infrastructure, mining operations, and fintech-related mergers and acquisitions. He will work closely with the executive team to position Black Titan at the forefront of the evolving digital asset landscape and unlock long-term value for shareholders. His appointment marks the next step in broader strategy to build a diversified digital asset portfolio and capture opportunities in a rapidly maturing market.공시 • Oct 03Ke Sdn. Bhd. completed the acquisition of Titan Pharmaceuticals, Inc. (NasdaqCM:TTNP) in a reverse merger transaction.Ke Sdn. Bhd. entered into an agreement to acquire Titan Pharmaceuticals, Inc. (NasdaqCM:TTNP) for $21.6 million in a reverse merger transaction on August 19, 2024. Upon completion of the merger, the existing security holders of Ke Sdn. Bhd. ("KE") and Titan (excluding The Sire Group Ltd. and current Titan directors and officers) expect to own approximately 86.7% and 13.3%, respectively, of the outstanding shares of the combined company. It is expected that Dato’ Seow Gim Shen will own 48.9% of the outstanding shares of the combined company following the merger. Completion of the merger is subject to the approval of the merger by Titan’s stockholders, the registration statement shall have become effective, shares to be issued in connection with the transaction shall have been approved for listing on Nasdaq and satisfaction or waiver of other customary conditions. The agreement was unanimously approved by Titan’s board of directors. KE board of directors also approved the transaction. As of June 3, 2025, the transaction is expected to close in the third quarter of 2025. As of August 26, 2025, Titan Pharmaceuticals approved the transaction. Kenneth Schlesinger and Claudia Dubon of Olshan Frome Wolosky LLP acted as legal advisor to Titan Pharmaceuticals, Inc. Mitchell S. Nussbaum of Loeb & Loeb LLP acted as legal advisor to KE Sdn Bhd. Ke Sdn. Bhd. completed the acquisition of Titan Pharmaceuticals, Inc. (NasdaqCM:TTNP) in a reverse merger transaction on October 1, 2025. As a result of the Merger, it is anticipated that shares of TTNP common stock will cease trading on the Nasdaq Capital Market (“ Nasdaq ”) and PubCo Ordinary Shares will begin trading on Nasdaq commencing with the opening of trading on Thursday, October 2, 2025. TTNP’s directors and officers offered their resignations for serving in such capacities, at the request of Black Titan and not because of any disagreement with TTNP regarding any matter related to TTNP’s operations, policies or practices, and Chay Weei Jye was appointed as the sole director and acting secretary of TTNP.매출 및 비용 세부 내역Black Titan가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqCM:BTTC 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비31 Jan 25300031 Oct 24200031 Jul 24200031 Jul 232000양질의 수익: BTTC의 비현금 수익 수준이 높습니다.이익 마진 증가: BTTC의 현재 순 이익률 (14.3%)은 지난해 (3.9%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 지난 5년 동안 BTTC의 연간 수익 성장률이 양(+)이었는지 판단하기에 데이터가 부족합니다.성장 가속화: BTTC의 지난해 수익 성장률을 5년 평균과 비교하기에 데이터가 부족합니다.수익 대 산업: BTTC의 지난 1년 수익 증가율(370.8%)은 IT 업계의 25.7%를 상회했습니다.자기자본이익률높은 ROE: BTTC의 자본 수익률(38.8%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/14 00:06종가2026/05/14 00:00수익2025/01/31연간 수익2024/07/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Black Titan Corporation는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to US$1.50, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 20x in the IT industry in the US.
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improves as stock rises 20%After last week's 20% share price gain to US$1.55, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 19x in the IT industry in the US.
New Risk • Mar 19New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.60m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (47% accrual ratio). Market cap is less than US$10m (US$9.60m market cap). Minor Risks Latest financial reports are more than 6 months old (reported January 2025 fiscal period end). Revenue is less than US$5m (US$2.7m revenue).
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 37%After last week's 37% share price gain to US$2.35, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 27x in the IT industry in the US.
New Risk • Jan 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended January 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (47% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported January 2025 fiscal period end). Revenue is less than US$5m (US$2.7m revenue). Market cap is less than US$100m (US$12.6m market cap).
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$1.77, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 30x in the IT industry in the US.
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to US$4.12, the stock trades at a trailing P/E ratio of 78x. Average trailing P/E is 31x in the IT industry in the US.
New Risk • Nov 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). High level of non-cash earnings (47% accrual ratio). Minor Risks Revenue is less than US$5m (US$2.7m revenue). Market cap is less than US$100m (US$23.1m market cap).
Board Change • Nov 18High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Gabriel Loh is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Nov 13Black Titan Corporation Appoints Czhang Lin as Co Chief Executive OfficerBlack Titan Corporation announced the appointment of Czhang Lin as Co-Chief Executive Officer, further strengthening the Company's leadership team as it accelerates its strategic expansion into the digital asset and blockchain sectors. Mr. Lin brings deep expertise in the cryptocurrency and blockchain ecosystem, with a track record of investing in and advising high-growth Web3 projects around the world since 2017. He has collected a vast network over the last 8 years by investing in projects or taking key roles in various funds, that include Binance labs and now currently serves as investment committee for Lbank Labs. Mr. Lin has been instrumental in identifying early-stage opportunities and driving institutional adoption of blockchain technologies. In his new role as Co-CEO, Mr. Lin will lead Black Titans crypto strategy, focusing on strategic investments in digital currencies, direct token acquisitions, blockchain infrastructure, mining operations, and fintech-related mergers and acquisitions. He will work closely with the executive team to position Black Titan at the forefront of the evolving digital asset landscape and unlock long-term value for shareholders. His appointment marks the next step in broader strategy to build a diversified digital asset portfolio and capture opportunities in a rapidly maturing market.
공시 • Oct 03Ke Sdn. Bhd. completed the acquisition of Titan Pharmaceuticals, Inc. (NasdaqCM:TTNP) in a reverse merger transaction.Ke Sdn. Bhd. entered into an agreement to acquire Titan Pharmaceuticals, Inc. (NasdaqCM:TTNP) for $21.6 million in a reverse merger transaction on August 19, 2024. Upon completion of the merger, the existing security holders of Ke Sdn. Bhd. ("KE") and Titan (excluding The Sire Group Ltd. and current Titan directors and officers) expect to own approximately 86.7% and 13.3%, respectively, of the outstanding shares of the combined company. It is expected that Dato’ Seow Gim Shen will own 48.9% of the outstanding shares of the combined company following the merger. Completion of the merger is subject to the approval of the merger by Titan’s stockholders, the registration statement shall have become effective, shares to be issued in connection with the transaction shall have been approved for listing on Nasdaq and satisfaction or waiver of other customary conditions. The agreement was unanimously approved by Titan’s board of directors. KE board of directors also approved the transaction. As of June 3, 2025, the transaction is expected to close in the third quarter of 2025. As of August 26, 2025, Titan Pharmaceuticals approved the transaction. Kenneth Schlesinger and Claudia Dubon of Olshan Frome Wolosky LLP acted as legal advisor to Titan Pharmaceuticals, Inc. Mitchell S. Nussbaum of Loeb & Loeb LLP acted as legal advisor to KE Sdn Bhd. Ke Sdn. Bhd. completed the acquisition of Titan Pharmaceuticals, Inc. (NasdaqCM:TTNP) in a reverse merger transaction on October 1, 2025. As a result of the Merger, it is anticipated that shares of TTNP common stock will cease trading on the Nasdaq Capital Market (“ Nasdaq ”) and PubCo Ordinary Shares will begin trading on Nasdaq commencing with the opening of trading on Thursday, October 2, 2025. TTNP’s directors and officers offered their resignations for serving in such capacities, at the request of Black Titan and not because of any disagreement with TTNP regarding any matter related to TTNP’s operations, policies or practices, and Chay Weei Jye was appointed as the sole director and acting secretary of TTNP.