Blue Hat Interactive Entertainment Technology (BHAT) AI Stock Analysis

• Market Cap: $8.48M
• Dividend Yield: N/A
• Average Volume (3M): 56.94K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• Revenue Growth: -53.11%
• EPS Growth: 82.68%
• Country: US
• Employees: 14
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): N/A
• Shares Outstanding: 7,243,931
• 10 Day Avg. Volume: 48,302
• 30 Day Avg. Volume: 56,943
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.43
• P/FCF Ratio: -9.09
• Enterprise Value/Market Cap: 0.28
• Enterprise Value/Revenue: 0.15
• Enterprise Value/Gross Profit: 0.47
• Enterprise Value/Ebitda: -1.05
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: $1.00 ▼(-12.28% Downside)

The score is primarily weighed down by weak financial performance (ongoing losses and negative free cash flow) and bearish technicals (below key moving averages with negative MACD). Valuation provides little support due to a negative P/E and no dividend yield data.

Positive Factors

Moderate Leverage

Moderate leverage indicates that the company is not overly reliant on debt, which can provide financial stability and flexibility in managing its capital structure.

Innovative Product Offerings

Blue Hat's focus on AR technology and innovative products positions it well in the growing market for interactive entertainment, potentially driving future growth.

Strategic Partnerships

Strategic partnerships can enhance product offerings and market reach, providing opportunities for revenue growth and competitive advantage in the interactive entertainment sector.

Negative Factors

Revenue Decline

A significant decline in revenue suggests challenges in maintaining market share and customer demand, which can impact long-term business viability and growth prospects.

Negative Cash Flow

Inadequate cash generation from operations poses risks to the company's ability to fund its activities and investments, threatening long-term sustainability and operational flexibility.

Persistent Losses

Ongoing unprofitability reflects operational inefficiencies and market challenges, potentially hindering the company's ability to invest in growth and innovation over time.

Blue Hat Interactive Entertainment Technology Business Overview & Revenue Model

Company Description

Fujian Blue Hat Interactive Entertainment Technology Ltd. engages in the designing, producing, promoting, and selling animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; 'Talking Tom and Friends' Bouncing Bubble, which enables children to bounce and play with bubbles; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction. The company also holds license to sell products with WUHUANGWANSHUI brand images. Its distribution channels include domestic distributors, e-commerce platforms, supermarkets, and export distributors. Fujian Blue Hat Interactive Entertainment Technology Ltd. was incorporated in 2010 and is based in Xiamen, China.

How the Company Makes Money

Blue Hat Interactive Entertainment Technology primarily generates revenue through the sale of its AR interactive products, which are marketed to both individual consumers and educational institutions. The company earns money by selling its AR toys and educational materials directly through retail and online channels. Additionally, Blue Hat monetizes its mobile games through in-app purchases and advertising. The company may also engage in strategic partnerships or collaborations with other firms to expand its reach and enhance its product offerings, contributing to its overall revenue.

Blue Hat Interactive Entertainment Technology Financial Statement Overview

Summary

Blue Hat Interactive Entertainment Technology faces financial difficulties characterized by declining revenues, persistent losses, and inadequate cash flows. While the balance sheet reflects moderate leverage, the company's financial health is undermined by profitability and liquidity issues, suggesting the need for strategic adjustments to stabilize and improve performance.

Income Statement

Blue Hat Interactive Entertainment Technology has been experiencing significant revenue fluctuations, with a sharp revenue decline in recent years. The company has consistently reported negative net income, indicating ongoing unprofitability. Additionally, the negative EBIT and EBITDA margins highlight operational challenges impacting profitability.

Balance Sheet

The company maintains a relatively low debt-to-equity ratio, suggesting moderate leverage. However, the declining stockholders' equity over time raises concerns about the firm's equity stability. The equity ratio is respectable but shows a decreasing trend, indicating potential risks in asset management.

Cash Flow

The cash flow situation is concerning, with negative operating and free cash flows indicating liquidity challenges. The company struggles to generate adequate cash from operations to cover expenses and investments, posing risks to long-term sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.15M	18.72M	73.69M	2.20M	12.14M	24.60M
Gross Profit	5.10M	1.55M	1.15M	1.24M	6.48M	13.42M
EBITDA	-2.28M	-9.13M	-28.40M	-7.54M	-57.08M	11.25M
Net Income	-4.97M	-9.53M	-19.30M	-9.37M	-58.63M	8.17M
Balance Sheet
Total Assets	87.41M	75.23M	49.26M	34.28M	36.51M	75.69M
Cash, Cash Equivalents and Short-Term Investments	1.07M	14.30K	409.18K	70.40K	135.56K	15.75M
Total Debt	2.53M	2.75M	3.49M	2.82M	1.54M	6.15M
Total Liabilities	5.95M	43.09M	8.64M	19.75M	18.86M	16.74M
Stockholders Equity	81.47M	32.14M	40.62M	12.11M	15.19M	58.84M
Cash Flow
Free Cash Flow	-10.16M	-885.00K	-2.11M	-1.19M	-36.64M	2.84M
Operating Cash Flow	-10.16M	-885.00K	-2.11M	-1.19M	-20.11M	5.04M
Investing Cash Flow	0.00	0.00	-15.38K	6.34K	-4.52M	-10.76M
Financing Cash Flow	11.21M	484.86K	2.25M	2.53M	7.57M	2.49M

Blue Hat Interactive Entertainment Technology Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BHAT, the sentiment is Negative. The current price of 1.14 is below the 20-day moving average (MA) of 1.27, below the 50-day MA of 1.33, and below the 200-day MA of 1.70, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 39.12 is Neutral, neither overbought nor oversold. The STOCH value of 26.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BHAT.

Blue Hat Interactive Entertainment Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MSGM	68 Neutral	$17.62M	38.26	44.93%	―	11.38%	-94.39%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
GIGM	50 Neutral	$16.25M	-12.74	-3.14%	―	10.15%	67.65%
BHAT	43 Neutral	$8.48M	-0.08	-14.99%	―	-53.11%	82.68%
TRUG	41 Neutral	$2.28M	-0.05	―	―	―	―

Blue Hat Interactive Entertainment Technology Corporate Events

Blue Hat Interactive to Issue 19.5 Million Shares for $24 Million Gold Purchase

At the end of November 2025, Blue Hat Interactive Entertainment Technology entered into a Gold Purchase Agreement and supplementary agreement with Global Prima Trade Limited to acquire 200 kilograms of gold for an aggregate purchase price of approximately $24.19 million, payable entirely in the company’s ordinary shares. Under the terms disclosed on December 23, 2025, Blue Hat will issue 19,506,452 ordinary shares at an average price of $1.24 per share, in an offshore, Regulation S–exempt transaction to designees of the seller, a move that effectively swaps equity for a substantial physical gold position and may alter the company’s capital structure while diversifying its asset base.

Blue Hat Reports Revenue Growth Amid Strategic Shift to Gold Trading

On December 2, 2025, Blue Hat Interactive Entertainment Technology announced its unaudited financial results for the first half of 2025, revealing a 1.90% increase in revenues to $13.33 million. The company completed a strategic transition from diamond to gold trading, which significantly increased its gross profit by 351.02% to $4.87 million. This shift allowed Blue Hat to capitalize on the rising gold prices and position itself in the gold industry with enhanced transaction flexibility and higher margins. The company also reported a decrease in net loss by 33.95% to $0.86 million, reflecting improved operational efficiency.

Blue Hat Interactive Launches 2025 Equity Incentive Plan

On October 28, 2025, Blue Hat Interactive Entertainment Technology’s board of directors approved the 2025 Equity Incentive Plan, which became effective immediately. This plan is designed to align the interests of employees, directors, and consultants with those of shareholders by offering performance-based incentive awards, thereby potentially enhancing the company’s growth and profitability.

Blue Hat Completes Major Share Issuance for Gold Acquisition

At the end of September 2025, Blue Hat Interactive Entertainment Technology completed the issuance of 29,682,353 ordinary shares at $1.70 per share to City Fields Enterprises Limited. This issuance, pursuant to agreements made in August 2025, was in exchange for 500 kilograms of gold valued at $50,460,000, marking a significant transaction that underscores the company’s strategic financial maneuvers and its positioning in the market.