Market cap
$1.1m
End-of-day close multiplied by current shares on issue.
BAI · NZX
Being AI (BAI)
Technology / AI and digital infrastructureCovered: HY22 - FY264 published briefings
Being AI is an NZX-listed technology / ai and digital infrastructure company. Its latest covered result is FY26, with HY22 - FY26 of source-backed result history on Annolyse.
Sections
Latest result
Latest metrics
FY26, released 29 May 2026
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| Metric | Value | Change |
|---|---|---|
| Revenue | $0m | — |
| EBITDA | -$1.5m | — |
| NPAT | $0.01m | — |
| Operating cash flow | -$0.82m | — |
| OCF / EBITDA % | 55.6% | — |
| Net debt | -$0.09m | — |
| Net debt / EBITDA | 0.06x | — |
| ROE % | n/m | — |
| PBT | -$1.5m | — |
| FCF pre-lease | -$0.83m | — |
Source: latest published briefing (FY26, released 29 May 2026). Change compares against the prior equivalent period: not available for this company.
Valuation
Valuation
Trailing P/E, EV/EBITDA, price-to-book and price-to-free-cash-flow ratios combine the latest available close with filing data. They are comparative measures, not forecasts or recommendations.
Prices as at close, 18 September 2026
Price and market cap
The latest close and share count context for the market price.
i
Profitability multiples
How the market price compares with recent earnings and cash-flow inputs.
P/E
150.4x
Recent market cap compared with trailing earnings.
EPS
0.00
Recent filing-derived earnings per share.
PEG
Not available
Not available for this company right now.
EV/EBITDA
Not available
Not meaningful when recent EBITDA is negative.
P/FCF
Not available
Not meaningful when free cash flow is negative or unavailable.
P/B
Not available
Not available for this company right now.
Income and investment-company measures
Yield and investment-company valuation where supported.
Dividend yield
0.0%
Trailing dividends compared with the latest close.
Total return
Not available
Available once dividend and adjustment data are verified.
Price history
Daily closes use the full available width, with hover and touch values for each observation. Expand the chart to see more detail.
Share price
Five years of daily closes, as at close, 5 June 2026. Weekends, suspensions, and listing gaps stay as natural gaps in the time scale.
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P/E over time
Filing-period markers only: EOD close on or before each release date divided by filing-derived trailing NPAT where both inputs verify. Periods with P/E at or above 100x are shown as gaps because earnings yield below 1% makes the multiple denominator-driven, not meaningful. Suppressed periods: FY26.
P/E is not meaningful for this company's earnings history because trailing NPAT is not positive or is too small relative to market value in most chart periods.
Chat
Ask about BAI
Ask follow-up questions about Being AI's latest result and company history.
Informational only. No buy, sell, hold, price-target, or personal financial advice.
Ask about BAI
Informational only. No buy, sell, hold, price-target, or personal financial advice.
Financial history
Performance over time
The latest period is shown first.
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| Metric | FY2612 MONTHS29 May 2026 | HY246 MONTHS28 November 2023 | HY236 MONTHS28 November 2022 | HY226 MONTHS26 November 2021 | Trend |
|---|---|---|---|---|---|
| Revenue | $0m | $0m | $0m | $0m | Chart |
| Revenue growth % | -100.0% | -100.0% | — | — | Chart |
| EBITDA | -$1.5m | -$0.08m | — | — | Chart |
| PBT | -$1.5m | -$0.1m | -$0.1m | -$0.1m | Chart |
| NPAT | $0.01m | -$0.1m | -$0.1m | -$0.1m | Chart |
| Operating cash flow | -$0.82m | -$0.06m | -$0.06m | -$0.06m | Chart |
| OCF / EBITDA % | 55.6% | 73.8% | — | — | Chart |
| FCF pre-lease | -$0.83m | — | — | — | — |
| ROE % | n/m | 12.2% | 13.9% | 18.3% | Chart |
| Net debt | -$0.09m | — | $0.46m | $0m | Chart |
| Net debt / EBITDA | 0.06x | — | — | — | — |
| Debtor days | n/m | — | — | — | — |
| Total assets | $0.15m | — | — | $0.04m | Chart |
Reference: annolyse.ai/companies/bai
Note: Figures are shown as reported. Half-year and full-year absolute values are not directly comparable. Growth rates and ratios are the meaningful comparison across mixed periods.
Filing-only history charts
These charts use verified published filing periods only. Gaps are not interpolated, and mixed half-year/full-year histories are split into separate series.
Revenue
Reported revenue across covered periods.
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Revenue growth
Like-period revenue growth where comparable.
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EBITDA-equivalent
Company-specific earnings measure where disclosed.
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NPAT
Statutory profit after tax.
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Operating cash flow
Cash generated from operations.
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FCF pre-lease
Operating cash flow less capex before leases.
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More financial metrics
Additional filing-backed metrics for this company. Each point links to the relevant published briefing.
ROE
Return on equity.
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Net debt
Borrowings less cash; negative values indicate net cash.
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The setup & the reality
HY24 → FY26 Follow-through
The latest result is checked against what the prior briefing said to watch.
Historical setup
What HY24 said to watch
Previous analysisHY24Result releasedAnnolyse analysis published
From Narrower $0.1m loss hides a shell company down to $3,000 in cash
No stated targets, guidance, or forward-work disclosure is available for Being AI, so this result cannot be measured against any company commitment. With zero revenue and a negative equity base, the release does not support any read on when, or whether, an operating business will be re-established, and the absence of a seasonality or pipeline context means the current numbers should not be extrapolated into a run rate.
Open questions
Open questions from HY24
- What is the source and durability of the financial support referenced as necessary to meet cash flow requirements?
- Why did revenue fall entirely to zero, and does the company retain any operating assets or activities?
- How does management intend to address the negative equity position given the balance sheet deficit?
- Will the issuer transition disclosed for this period be followed by a defined operating strategy?
- Is there a timeline for restoring any revenue-generating activity, and what funding would that require?
This briefing cannot assess the company's future viability or the outcome of the issuer transition because no forward guidance, revenue pipeline, or restructuring detail was disclosed in the extracted material.
Latest result sources
Primary issuer documents used for the FY26 briefing. Document labels are preserved from the publication record; Annolyse does not relabel every financial report as an annual report.
Current period
Being AI Annual Report FY26
FY26 / financial reportResults announcement
FY26 / results announcementPrior comparable period
Annual Report 2025
FY25 / financial reportInterim context
Results announcement
HY26 / results announcementUnaudited financial statements
HY26 / financial reportRelease context
BAI 2025 ASM Presentation
HY26 / commentaryPeer context
Other covered Technology companies
These companies share a broad sector but may not be direct peers. Compare them only where the underlying measures are genuinely comparable.
Archive
Briefing archive
The full chronological archive contains every published result briefing.
FY26 · Released 29 May 2026
Being AI winds down to a shell after divesting all operating assets
Reported NPAT turned positive only because a discontinued-operations gain masked a continuing operating loss and near-total loss of revenue.
Read briefing
HY24 · Released 28 November 2023
Narrower $0.1m loss hides a shell company down to $3,000 in cash
A 99.9% narrower loss reflects a non-comparable base period, not recovery, as cash fell to $0.003m and equity stayed negative.
Read briefing
HY23 · Released 28 November 2022
Cash depleted to NZD 0.005m as ACE shell awaits Being AI RTO
With no operating revenue and equity deficit reset from NZD 547.5m to NZD 0.7m, viability now hinges on the pending reverse takeover.
Read briefing
HY22 · Released 26 November 2021
Being AI: shell-stage HY22 with no revenue, no operations, awaiting RTO
The entity is effectively a corporate shell with $8,000 in cash and negative equity, with management flagging an RTO transaction proposal for early
Read briefing
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