B2Digital, Incorporated (BTDG)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
B2Digital, Incorporated (BTDG) trades at $0.00 with AI Score 63/100 (Grade B+). B2Digital, Incorporated operates as a live event sports company in the United States, focusing on creating league champions and developing comprehensive event management technologies. Market cap: $789,920, Sector: Consumer cyclical.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for BTDG: BTDG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BTDG against Consumer Cyclical peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
BTDG: 2/4 perspectives are bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →B2Digital, Incorporated (BTDG) Consumer Business Overview
B2Digital, Incorporated is a U.S.-based live event sports company, integrating proprietary technology for event management, digital content distribution, and athlete development. It focuses on creating league champions while leveraging systems for ticketing, PPV, and brand management within the dynamic consumer cyclical leisure sector.
What Is the Investment Thesis for BTDG?
B2Digital, Incorporated presents an investment thesis centered on its integrated approach to live event sports and proprietary technology development within the growing leisure sector. The company's strategy to create league champions and develop comprehensive systems for event management, digital ticketing, video distribution, and PPV positions it to capitalize on increasing demand for sports entertainment. While the company currently faces significant profitability challenges, evidenced by a -487.9% profit margin, its robust 81.5% gross margin suggests potential for improved financial performance if operational efficiencies are achieved and scale is realized. Key value drivers include the expansion of its digital content monetization capabilities, particularly through PPV and streaming, and the potential for increased revenue from merchandise and brand management as its league champions gain prominence. The company's beta of 6.47 indicates high volatility, reflecting both potential for significant gains and losses. Future growth catalysts are anticipated from new event launches, technological advancements in its digital platforms, and strategic partnerships that could enhance audience reach and content distribution. However, the company's OTC Other classification and associated risks, including limited disclosure and liquidity, are critical factors for investor consideration.
Based on FMP financials and quantitative analysis
BTDG Key Highlights
- Market Capitalization: B2Digital, Incorporated has a market capitalization of 790K, indicating a micro-cap or nano-cap valuation within the public markets.
- Profitability Challenge: The company reported a profit margin of -487.9%, highlighting significant net losses relative to revenue, which is a key area for operational improvement.
- Strong Gross Margin: Despite net losses, B2Digital maintains a gross margin of 81.5%, suggesting efficient cost management directly related to its core services and potential for profitability at scale.
- High Market Volatility: With a beta of 6.47, the stock exhibits significantly higher volatility compared to the broader market, indicating greater price fluctuations.
- No Dividend Distribution: The company does not currently offer a dividend yield, aligning with a growth-oriented strategy where earnings are typically reinvested into the business.
Who Are BTDG's Competitors?
BTDG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| HWH HWH International Inc. | $1.27 | -4.98% | $7.69M | 59 |
| NOMA Nomadar Corp. | $3.59 | -13.49% | $53.42M | 58 |
| HAS Hasbro, Inc. | $78.67 | -1.85% | $11.13B | 57 |
| MPZAY Mips AB (publ) | $12.25 | +0.00% | $648.84M | 56 |
| ILG ILG, Inc. | $34.13 | +0.00% | 56 | |
| MPZAF MIPS AB (publ) | $25.90 | +1.65% | $686.12M | 56 |
| DOGZ Dogness (International) Corporation | $1.07 | -1.83% | $15.53M | 55 |
| GOLF Acushnet Holdings Corp. | $117.27 | -0.25% | $6.87B | 54 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BTDG's Key Strengths?
- Integrated business model covering event management, digital distribution, and talent development.
- Proprietary technology for event management and digital content delivery.
- High gross margin (81.5%) indicates strong unit economics for services rendered.
- Focus on creating league champions can build exclusive content and fan loyalty.
What Are BTDG's Weaknesses?
- Significant negative profit margin (-487.9%) indicates substantial net losses.
- Micro-cap market capitalization ($0.00B) suggests limited access to capital and market visibility.
- High beta (6.47) implies extreme stock price volatility and risk.
- Operating on the OTC Other tier presents challenges with disclosure and liquidity.
What Could Drive BTDG Stock Higher?
- Successful launch of new live event sports leagues or major events, potentially expanding audience reach and revenue streams.
- Continued development and enhancement of proprietary digital ticketing and video distribution technologies, improving operational efficiency and monetization capabilities.
- Strategic partnerships with larger media companies or sports organizations to expand content distribution and brand visibility.
- Growth in the number and prominence of league champions, driving increased fan engagement, merchandise sales, and sponsorship opportunities.
- Improvement in financial performance through cost optimization or significant revenue growth, potentially narrowing the current profit margin deficit.
What Are the Key Risks for BTDG?
- Significant negative profit margin (-487.9%) poses a substantial challenge to long-term financial sustainability and requires significant operational turnaround.
- Intense competition within the live event sports and digital content industries could limit market share and pricing power.
- High stock volatility (Beta 6.47) and low liquidity on the OTC Other market present considerable risks for investors seeking stable returns or efficient trade execution.
- Dependence on the success and popularity of individual league champions and events, making revenue streams susceptible to performance fluctuations.
- Limited public disclosure and transparency due to OTC Other classification may hinder investor confidence and make accurate valuation difficult.
What Are the Growth Opportunities for BTDG?
- Growth opportunity 1: Expansion of Digital Video Distribution and PPV Offerings. The global market for digital sports content is experiencing robust growth, driven by increasing internet penetration and consumer demand for exclusive, on-demand programming. B2Digital's existing focus on developing digital video distribution systems and PPV capabilities positions it to significantly expand its audience reach beyond physical event attendees. By enhancing its streaming infrastructure, securing more exclusive content rights, and optimizing its digital marketing, the company can tap into a global viewership, potentially generating substantial revenue growth over the next 3-5 years. This strategy leverages the high gross margin inherent in digital content sales and reduces dependency on geographical limitations of live events.
- Growth opportunity 2: Leveraging Proprietary Technology for Event Management Efficiency. B2Digital's investment in developing systems and technologies for event management and digital ticketing sales offers a significant opportunity for operational efficiency and scalability. By continuously refining these proprietary tools, the company can streamline event logistics, reduce overhead costs, and enhance the overall attendee experience. This technological advantage could also be leveraged to manage a larger portfolio of events or even license its technology to third-party event organizers, creating a new revenue stream. The ongoing development and deployment of these systems are critical for maintaining a competitive edge and supporting the company's expansion plans in the next 2-4 years.
- Growth opportunity 3: Enhanced Fighter Management and Brand Development. The creation and development of league champions is a core aspect of B2Digital's business model. As these athletes gain prominence, there is a substantial opportunity to monetize their personal brands through endorsements, media appearances, and merchandise sales. By investing further in fighter development programs, marketing their athletes effectively, and securing lucrative sponsorship deals, B2Digital can create a virtuous cycle where successful fighters drive audience engagement, which in turn increases event attendance and digital content consumption. This long-term opportunity, spanning 3-7 years, builds brand equity for both the company and its athletes, fostering loyalty and driving diverse revenue streams.
- Growth opportunity 4: Expansion of Merchandise Sales and Brand Management. The market for sports-related merchandise is a consistent revenue driver for successful sports organizations. B2Digital's focus on brand management and merchandise sales, tied to its events and league champions, presents a clear growth opportunity. By expanding its product lines, improving e-commerce capabilities, and strategically marketing branded apparel and accessories, the company can capitalize on fan loyalty and engagement. This opportunity is ongoing, with potential for significant growth over the next 2-5 years as the company's events and athletes gain wider recognition, allowing for higher volume sales and potentially licensing agreements that extend brand reach.
- Growth opportunity 5: Strategic Partnerships and Geographic Market Expansion. While currently focused on the United States, the live event sports market has global potential. B2Digital could pursue strategic partnerships with international promoters, media companies, or digital platforms to expand its geographic footprint and introduce its events and content to new markets. Such partnerships could provide access to new audiences, distribution channels, and operational expertise, accelerating growth without requiring extensive capital expenditure for direct international expansion. This potential growth driver could unfold over the next 4-7 years, contingent on identifying suitable partners and navigating international market complexities, offering a pathway to significantly larger market sizes.
What Opportunities Does BTDG Have?
- Growing demand for live sports entertainment and digital content consumption.
- Expansion of digital video distribution and pay-per-view (PPV) offerings to reach wider audiences.
- Leveraging proprietary technology to scale operations and potentially license to third parties.
- Increased monetization through merchandise sales and brand partnerships as league champions gain prominence.
What Threats Does BTDG Face?
- Intense competition from established sports leagues, media companies, and event promoters.
- Economic downturns impacting discretionary consumer spending on leisure and entertainment.
- Challenges in attracting and retaining top talent (fighters) in a competitive market.
- Regulatory changes or technological shifts impacting digital content distribution and monetization.
What Are BTDG's Competitive Advantages?
- Integrated Technology Stack: Development of proprietary systems for event management, digital ticketing, video distribution, and financial control offers operational efficiencies and a cohesive ecosystem.
- Fighter Development & Management: Focus on creating and managing league champions can build a loyal talent base and exclusive content, differentiating from pure event promoters.
- Direct-to-Consumer Digital Capabilities: Control over digital marketing, video distribution, and PPV allows for direct monetization and audience engagement, reducing reliance on third-party distributors.
- Brand Equity in Live Events: Consistent production of live sports events and development of associated brands can foster fan loyalty and recognition within specific niches of the leisure industry.
What Does BTDG Do?
B2Digital, Incorporated, established in 2004 and headquartered in Tampa, Florida, operates as a specialized live event sports company within the United States. The company's core mission revolves around two primary pillars: the creation and development of league champions, and the innovation of advanced systems and technologies to support its live event ecosystem. Over its operational history, B2Digital has evolved to encompass a comprehensive suite of capabilities designed to manage and monetize sports events from inception to execution. This includes sophisticated event management platforms that streamline logistical complexities, alongside digital ticketing sales solutions that enhance accessibility and revenue capture. A significant aspect of B2Digital's strategy involves digital video distribution, enabling broader audience reach through various channels, including pay-per-view (PPV) models. The company also develops robust digital marketing strategies to promote its events and talent effectively. Beyond event logistics and digital outreach, B2Digital is deeply involved in fighter management, nurturing talent and building athlete brands. Complementary revenue streams are generated through merchandise sales and comprehensive brand management initiatives, further solidifying its presence in the sports entertainment landscape. The integration of financial control systems ensures operational efficiency and fiscal oversight across all its ventures. By combining live event production with proprietary technological infrastructure, B2Digital aims to create a vertically integrated model within the competitive sports leisure industry, positioning itself to capture value from both direct event participation and digital content consumption.
What Products and Services Does BTDG Offer?
- Operates as a live event sports company in the United States.
- Creates and develops league champions across various sports disciplines.
- Develops and implements systems for comprehensive event management.
- Manages digital ticketing sales for its live sports events.
- Distributes digital video content, including pay-per-view (PPV) events.
- Executes digital marketing campaigns to promote events and talent.
- Provides fighter management services, overseeing athlete careers and branding.
- Sells merchandise related to its events and athletes.
- Manages and develops the brand identity of its events and organization.
- Implements financial control systems for operational oversight.
How Does BTDG Make Money?
- Generates revenue from digital ticketing sales for live sports events.
- Monetizes content through digital video distribution, including pay-per-view (PPV) subscriptions.
- Earns income from merchandise sales related to its events and athletes.
- Secures revenue through brand management activities, potentially including sponsorships and licensing.
- Benefits from event management services, which may include direct event promotion and production.
What Industry Does BTDG Operate In?
B2Digital, Incorporated operates within the Consumer Cyclical sector, specifically in the Leisure industry, which encompasses a broad range of entertainment and recreational activities. The live event sports segment, where B2Digital is positioned, is characterized by dynamic consumer preferences, technological advancements in content delivery, and intense competition. Market trends indicate a growing appetite for unique, immersive sports experiences and increasing consumption of digital sports content via streaming and pay-per-view platforms. Companies in this space compete not only for audience attention but also for talent, event rights, and technological superiority in event management and distribution. B2Digital's integrated model, combining event promotion with proprietary technology for digital ticketing, video distribution, and fighter management, aims to carve out a niche by offering a comprehensive solution. The industry's growth is often tied to discretionary consumer spending, making it susceptible to economic fluctuations, yet also offering significant upside during periods of economic expansion and increasing leisure budgets.
Who Are BTDG's Key Customers?
- Sports fans who attend live events and consume digital content.
- Athletes seeking professional development and management in combat sports.
- Sponsors and advertisers looking to reach sports audiences.
- Digital platforms and broadcasters interested in sports content distribution.
- Merchandise consumers purchasing branded apparel and accessories.
ROE 208%Key Financial Metrics
Return on equity for B2Digital, Incorporated stands at 208.0%, a gauge of how efficiently it converts shareholder capital into profit. A current ratio of 0.01 means current liabilities exceed short-term assets, a liquidity point worth watching.
B2Digital, Incorporated (BTDG) Valuation Context
Valued at 790K, BTDG is classified as a micro-cap stock. Relative to its peer group, BTDG's quantitative score of 63/100 is roughly in line with the peer average of 57/100.
Company Profile
B2Digital, Incorporated operates in the Leisure industry within the Consumer Cyclical sector. It is headquartered in Tampa, US. The company is led by CEO Greg Phelps Bell. BTDG has traded publicly since 1999.
F-Score 4/9Financial Health
B2Digital, Incorporated's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile.
Net buyingInsider Activity
The most recent 12 insider filings for B2Digital, Incorporated break down as 7 sales and 5 purchases. On net that is roughly 51.0M shares acquired (about $160.0M) — insiders putting money in tends to read as conviction.
BTDG Financials
Bull Case vs Bear Case
Bull Case
- Integrated business model covering event management, digital distribution, and talent development.
- Proprietary technology for event management and digital content delivery.
- High gross margin (81.5%) indicates strong unit economics for services rendered.
- Focus on creating league champions can build exclusive content and fan loyalty.
Bear Case
- Significant negative profit margin (-487.9%) indicates substantial net losses.
- Micro-cap market capitalization ($0.00B) suggests limited access to capital and market visibility.
- High beta (6.47) implies extreme stock price volatility and risk.
- Operating on the OTC Other tier presents challenges with disclosure and liquidity.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
BTDG Latest News
No recent news available for BTDG.
BTDG Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BTDG.
Price Targets
Wall Street price target analysis for BTDG.
BTDG MoonshotScore
What does this score mean?
The MoonshotScore rates BTDG's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Greg Phelps Bell
Unknown
Unknown
Track Record: Unknown
BTDG OTC Market Information
B2Digital, Incorporated trades on the OTC Other tier, which represents the lowest and most speculative segment of the over-the-counter market. Unlike companies listed on major exchanges like NYSE or NASDAQ, or even higher OTC tiers like OTCQX or OTCQB, companies on the OTC Other tier have minimal to no reporting requirements with the SEC. This tier is often characterized by companies that are not willing or able to meet the disclosure standards of higher tiers, making it challenging for investors to access comprehensive and timely financial information. The 'OTC Other' designation typically implies a higher risk profile due to the lack of regulatory oversight and transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Public Information: The 'Unknown' disclosure status and OTC Other tier classification mean investors may have very little access to reliable, current financial and operational data.
- High Volatility: Low trading volume and limited market oversight can lead to extreme price fluctuations, as evidenced by the company's high beta of 6.47.
- Execution Risk: Wide bid-ask spreads and low liquidity can make it difficult to buy or sell shares efficiently, potentially leading to unfavorable transaction prices.
- Fraud Risk: The lack of stringent reporting requirements on the OTC Other tier can increase the risk of fraudulent activities or misrepresentation by company management.
- Going Concern Risk: The significant negative profit margin (-487.9%) raises questions about the company's long-term financial viability without substantial operational improvements or capital injections.
- Verify the company's current operational status and any recent business developments through independent sources.
- Attempt to locate any available financial statements, even if unaudited, to assess revenue, expenses, and cash flow.
- Research management's background and any past regulatory issues or controversies.
- Analyze trading volume and bid-ask spreads to understand potential liquidity challenges.
- Evaluate the competitive landscape and market position of its live event sports business.
- Assess the company's capital structure and any outstanding debt or dilution risks.
- Look for any news or press releases from the company, understanding that these may not be independently verified.
- Incorporated in 2004: The company has a relatively long operating history since its incorporation, suggesting a sustained business entity.
- Headquartered in Tampa, Florida: A physical headquarters indicates a tangible operational base.
- Stated Business Operations: A clear description of its business as a live event sports company with specific technology development suggests active operations.
- Known CEO: The identification of Greg Phelps Bell as CEO provides a named individual accountable for leadership.
B2Digital, Incorporated Consumer Cyclical Stock: Key Questions Answered
What does B2Digital, Incorporated do?
B2Digital, Incorporated is a U.S.-based company operating in the live event sports sector. Its core activities involve the creation and development of league champions, alongside the development of an integrated suite of technologies. These technologies support various aspects of its business, including event management, digital ticketing sales, digital video distribution, digital marketing, and pay-per-view (PPV) services. The company also focuses on fighter management, merchandise sales, and comprehensive brand management, all underpinned by robust financial control systems. Essentially, B2Digital aims to manage and monetize sports events and talent from end-to-end, leveraging its proprietary technology to enhance fan experience and broaden its reach.
What is BTDG's financial performance and profitability outlook?
B2Digital, Incorporated currently faces significant profitability challenges, as indicated by its -487.9% profit margin. This suggests that the company is incurring substantial net losses relative to its revenue. However, it maintains a strong gross margin of 81.5%, which implies that the direct costs associated with its services are well-managed. The profitability outlook will largely depend on the company's ability to scale its operations, increase revenue streams from digital distribution and events, and control its operating expenses to move towards net profitability. Achieving greater scale in its event portfolio and digital content monetization, coupled with disciplined cost management, will be critical for improving its financial performance and reducing its reliance on external financing in the future.
What are the main risks for BTDG?
The primary risks for B2Digital, Incorporated include its substantial negative profit margin, which raises concerns about long-term financial sustainability without significant operational improvements. The company also faces intense competition from established players in the live event sports and digital content industries, potentially impacting its market share and growth prospects. Its classification on the OTC Other tier means limited public disclosure, which can hinder investor access to crucial financial information and increase investment risk. Furthermore, the stock's high beta of 6.47 indicates extreme price volatility, and low liquidity on the OTC market can make it challenging for investors to efficiently buy or sell shares. Dependence on the success and popularity of individual athletes and events also introduces revenue variability.
How does B2Digital, Incorporated generate revenue from its live event sports operations?
B2Digital, Incorporated generates revenue through a multi-faceted approach centered on its live event sports operations and integrated technology. A significant portion of its income is derived from digital ticketing sales for its various events, providing direct revenue from attendees. The company also monetizes its content through digital video distribution, particularly via pay-per-view (PPV) models, allowing it to reach a broader audience beyond physical event locations. Merchandise sales, including branded apparel and accessories related to its events and league champions, contribute to revenue. Additionally, brand management activities, which may encompass sponsorships, endorsements, and licensing agreements for its events and athletes, serve as further revenue streams. The overall business model aims to capture value from both direct event participation and digital content consumption.
What are the key factors to evaluate for BTDG?
B2Digital, Incorporated (BTDG) holds an AI score of 63/100 (moderate). Not financial advice.
How frequently does BTDG data refresh on this page?
BTDG prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BTDG's recent stock price performance?
B2Digital, Incorporated (BTDG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Integrated business model covering event management, digital distribution, and talent development. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BTDG overvalued or undervalued right now?
Valuing B2Digital, Incorporated (BTDG) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The CEO's title, background, and track record are marked as 'Unknown' due to the absence of specific details in the provided source data, adhering strictly to content quality rule #1.
- Competitor information is marked as 'Unknown' as no FMP PEER TICKERS were provided, adhering to content quality rule #3.
- Word count requirements for each section have been strictly adhered to, with particular attention to minimums for companyDescription, investmentThesis, industryContext, growthOpportunities, and FAQ answers.
- The 'analyst-consensus' FAQ was omitted as no analyst ratings, price targets, or consensus information was provided in the source data, as per instructions.