<span item_type="fundamental" item_id="21490cb444757cc8d1ff2421244f00f3" counter_id="ST/US/BEGI" env="prod"></span><span item_type="announcement" item_id="586778621007824129" env="prod"></span><p>Revenue: As of FY2024, the actual value is USD 0.</p><p>EPS: As of FY2024, the actual value is USD -0.001.</p><p>EBIT: As of FY2024, the actual value is USD -723.89 K.</p><p></p><h3>Segment Revenue</h3><ul><li>The company did not report any revenue for the years ended December 31, 2024, and 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1483646/000106594925000042/begi-20241231.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: The net loss for the year ended December 31, 2024, was $1,514,839, compared to a net loss of $917,088 for the year ended December 31, 2023, indicating an increase in net loss by $597,751.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1483646/000106594925000042/begi-20241231.htm"></span></li><li><strong>Operating Expenses</strong>: Total operating expenses for 2024 were $1,046,641, compared to $527,010 in 2023, reflecting a significant increase primarily due to higher legal and professional fees.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1483646/000106594925000042/begi-20241231.htm"></span></li><li><strong>Interest Expense</strong>: Interest expense increased to $322,748 in 2024 from $219,214 in 2023, primarily due to an increase in non-convertible debt.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1483646/000106594925000042/begi-20241231.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: The company used $270,807 in cash for operating activities in 2024, compared to $340,712 used in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1483646/000106594925000042/begi-20241231.htm"></span></li><li><strong>Investing Cash Flow</strong>: Cash used in investing activities was $33,101 in 2024, compared to $40,001 in 2023, primarily for software development and patent costs.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1483646/000106594925000042/begi-20241231.htm"></span></li><li><strong>Financing Cash Flow</strong>: The company received $274,000 in non-convertible debt financing in 2024, compared to $400,000 in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1483646/000106594925000042/begi-20241231.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Convertible Notes</strong>: The company had convertible notes payable of $584,079 as of December 31, 2024, unchanged from 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1483646/000106594925000042/begi-20241231.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company plans to continue offering a private placement of preferred shares to select accredited investors to achieve at least $5,000,000 in funding in the next year to scale its business plan. If unable to generate enough revenue to cover operational costs, additional sources of funds will be sought.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1483646/000106594925000042/begi-20241231.htm"></span></li></ul>

BlackStar Enterprise Group, Inc. | 10-K: FY2024 Revenue: USD 0