---
title: "BENEFICIENT C/WTS 07/06/2028 (TO PUR COM) | 10-K: FY2025 Revenue: USD -7.943 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259407757.md"
datetime: "2025-09-29T21:33:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259407757.md)
  - [en](https://longbridge.com/en/news/259407757.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259407757.md)
generator: "portal-rs"
---

# BENEFICIENT C/WTS 07/06/2028 (TO PUR COM) | 10-K: FY2025 Revenue: USD -7.943 M

Revenue: As of FY2025, the actual value is USD -7.943 M.

EPS: As of FY2025, the actual value is USD 0.06.

EBIT: As of FY2025, the actual value is USD -9.321 M.

### Segment Revenue

-   **Ben Liquidity**: Revenue is primarily generated through monthly interest income and transaction fees from the Customer ExAlt Trusts in connection with providing liquidity and primary capital products to customers.
-   **Ben Custody**: Revenue is generated through transaction fees and quarterly fee income earned by providing full-service trust administration services to the trustees of the Customer ExAlt Trusts.

### Operational Metrics

-   **Net Income**: The company reported a net loss of $0.8 million for the year ended March 31, 2025, with an accumulated deficit of $2.0 billion as of March 31, 2025.
-   **Gross Margin**: Not explicitly detailed in the reference.
-   **Operating Profit**: Not explicitly detailed in the reference.
-   **Operating Margin**: Not explicitly detailed in the reference.
-   **Operating Costs**: Not explicitly detailed in the reference.

### Cash Flow

-   **Operating Cash Flow**: The company has not historically generated positive cash flow from operations on a consolidated basis and may not generate positive cash flow from operations in the near term.
-   **Free Cash Flow**: Not explicitly detailed in the reference.

### Unique Metrics

-   **ExAlt Loans**: As of March 31, 2025, Ben Liquidity’s loan portfolio consisted of loans to the Customer ExAlt Trusts with a carrying value (including capitalized interest) of $244.0 million.
-   **ExAlt Loan Collateral Portfolio**: Consisted of interests in professionally managed funds and other investments held by the Customer ExAlt Trusts with an aggregate value of $291.4 million as of March 31, 2025.

### Outlook / Guidance

-   The company plans to expand its capabilities under Ben Custody and provide additional products and services through Ben Insurance Services and Ben Markets in the future.
-   The company intends to continue pursuing growth through technological innovation and expects to use a blended approach of proprietary and third-party enterprise applications to provide a robust and scalable systems infrastructure.
-   The company is exploring raising additional capital through a combination of debt financing and/or equity financing to supplement its capitalization and liquidity.

### Related Stocks

- [BENFW.US](https://longbridge.com/en/quote/BENFW.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**