Boston International Holdings (BIH) AI Stock Analysis

• Market Cap: £1.58M
• Dividend Yield: N/A
• Average Volume (3M): 83.96K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.64
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: N/A
• Sector: Financial
• Sector Strength: 70
• Industry: Shell Companies
• EPS (TTM): 0.00
• Shares Outstanding: 370,627,000
• 10 Day Avg. Volume: 6,000
• 30 Day Avg. Volume: 83,962
• PEG Ratio: 0.08
• Price to Book (P/B): -1.90
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.78
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 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: 44 Neutral
• Price Target: 0.44p ▲(24.86% Upside)

The score is primarily weighed down by very weak financial performance (no revenue, recurring losses, negative equity, and accelerating cash burn with higher debt). Technical indicators show recent upside momentum, but extremely overbought readings raise near-term reversal risk, and valuation signals are constrained by ongoing losses and no stated dividend yield.

Positive Factors

Narrowing Net Losses

Net losses narrowed in 2024 versus 2023, suggesting management achieved some expense reductions or one-off improvements. If this trend continues, it can reduce near-term financing needs and demonstrates initial progress toward stabilizing operations, improving solvency prospects over months.

LSE Listing / Market Access

Being listed on the London Stock Exchange provides durable access to institutional capital and public liquidity. For a shell company, the listing facilitates fundraising, reverse takeover opportunities or strategic transactions, enhancing options for a structural business transformation.

Lean Operating Structure

A reported headcount of zero indicates minimal fixed payroll and a very lean operating profile. This low structural overhead preserves capital and provides flexibility to pursue a transaction or restructuring without heavy recurring personnel costs, aiding survivability while seeking a long-term plan.

Negative Factors

No Revenue / No Operating Business

Zero reported revenue over multiple years means the company lacks a functioning operating business and cannot self-generate cash. This creates structural reliance on external financing or a corporate transaction to survive, making sustainable profitability contingent on a material business change.

Negative Equity and Rising Debt

Persistent negative equity combined with materially higher debt significantly weakens the balance sheet and financial flexibility. This elevates insolvency and refinancing risk, constrains strategic options, and increases the likelihood of dilution or costly funding, undermining long-term stability.

Accelerating Cash Burn

Consistent negative operating and free cash flow, with a marked increase in cash outflows in 2024, creates an ongoing funding gap. Over a multi-month horizon this raises the probability of dilution, higher-cost borrowing, or forced strategic transactions, weakening independent viability.

Boston International Holdings Business Overview & Revenue Model

Company Description

Boston International Holdings Plc does not have significant operations. It intends to acquire a company or business. The company was incorporated in 2015 and is based in London, the United Kingdom.

How the Company Makes Money

Boston International Holdings Financial Statement Overview

Summary

Financial statements show zero revenue, recurring net losses, consistently negative operating/free cash flow (cash burn worsened in 2024), and negative shareholder equity with rising debt—indicating high solvency and funding risk.

Income Statement

Across 2020–2024 annual reports, the company reports zero revenue and recurring operating losses, with net income remaining consistently negative (2024: -323,900 vs. 2023: -421,404), indicating an expense-heavy structure without an operating business generating sales. Losses did narrow in 2024 versus 2023, but profitability remains structurally weak with no visible revenue base.

Balance Sheet

The balance sheet shows persistent negative shareholder equity (2024: -532,645), which is a major solvency red flag and limits financial flexibility. Total debt increased materially in 2024 (453,718 vs. 213,699 in 2023) while total assets remain very small (2024: 17,550), highlighting a weak asset base relative to obligations and elevated balance-sheet risk.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow both negative every year (2024: -568,218 vs. 2023: -228,552), reflecting ongoing cash burn. The cash outflow worsened significantly in 2024, increasing funding needs and raising the risk of dilution or additional leverage to sustain operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	0.00	0.00	0.00	-485.23K	-354.57K	-198.18K
Net Income	-119.90K	-323.90K	-421.40K	-484.94K	-434.32K	-443.53K
Balance Sheet
Total Assets	12.00K	17.55K	10.62K	77.76K	96.83K	83.68K
Cash, Cash Equivalents and Short-Term Investments	4.00K	9.11K	1.13K	49.68K	65.40K	73.36K
Total Debt	454.00K	453.72K	213.70K	213.70K	356.44K	200.00K
Total Liabilities	620.00K	550.20K	553.55K	379.29K	390.89K	256.28K
Stockholders Equity	-608.00K	-532.64K	-542.93K	-301.53K	-294.06K	-172.60K
Cash Flow
Free Cash Flow	-550.22K	-568.22K	-228.55K	-350.46K	-477.26K	-429.10K
Operating Cash Flow	-550.22K	-568.22K	-228.55K	-350.46K	-477.26K	-429.10K
Investing Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00
Financing Cash Flow	553.20K	576.20K	180.00K	334.74K	469.30K	200.00K

Boston International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ALK	52 Neutral	£43.72M	-20.06	―	―	―	-36.54%
BAY	50 Neutral	£4.20M	―	―	―	―	―
BRS	50 Neutral	£2.08M	―	―	―	―	―
BIH	44 Neutral	£1.58M	-14.17	―	―	―	―
REDC	42 Neutral	£1.10M	―	―	―	―	―

Boston International Holdings Corporate Events

Boston International Holdings Updates on Funding and Acquisition Efforts

Boston International Holdings PLC has encountered a temporary setback in its funding arrangements due to liquidity issues faced by its major shareholder, Zarara Energy Limited. However, a settlement agreement is expected to resolve these issues, allowing the company to resume its financial operations. Additionally, the company continues to explore potential acquisitions, with ongoing discussions with energy companies, although no suitable candidates have been finalized yet.