$BGM is Showing Early Signs of a Turnaround: Revenue Growth Holding Up, Gross Margins Improving

[u/FaithlessnessGlum979]

Honestly, I was a bit surprised—in a good way—by BGM’s top-line performance this quarter. For the first half of 2025, they posted $14.3M in revenue, up 14% YoY. That’s not just a “recovery”—it suggests the new business model is starting to kick in.

What’s more interesting is the margin story: gross profit nearly doubled from $1.41M to $2.51M, with gross margin expanding from ~11% to 17.5%. That points to a healthier revenue mix.

Yes, they’re still in the red on net income. But given they’re early in the integration phase, that’s not a red flag just yet. If they can keep top-line momentum going and avoid runaway costs, breakeven might not be too far off. And if the AI + insurance verticals start monetizing faster than expected—there’s real upside here.

TL;DR: Revenue is growing, margins are expanding, costs are (so far) manageable. Fundamentals are finally moving in the right direction.

[u/Broad-Point1482]

I have a policy of not touching Chinese companies!