DSY

MKT CAP:$10M

Big Tree Cloud Holdings Limited

Market Cap

$10M

Consumer Defensive·Household & Personal Products·🇨🇳 China·NASDAQ

Consumer Def.·Household·🇨🇳·NASDAQ

Stock Price

$2.15-$3.75 (-63.56%)

Apr 23, 2026

Company Details

Big Tree Cloud Holdings Limited manufactures and sells personal care products and other consumer goods. The company is based in Shenzhen, China. Big Tree Cloud Holdings Limited operates as a subsidiary of Ploutos Group Limited.

CEO

Wenquan Zhu

IPO Date

Jan 11, 2023

Website

ir.bigtreeclouds.com/Overview

Key Metrics TTM

Revenue

$5M

+112.6% YoY

Net Income

-$225.1K

EPS (Diluted)

-$1.53

Free Cash Flow

-$2M

Revenue / Share

$2.02

Gross Margin

66.9%

Operating Margin

-18.0%

Net Margin

-4.3%

FCF Margin

-44.0%

P/S

2.0x

P/E

—

Earnings Reports

FY 2025

Oct 30, 2025

$3M-65.1%EPS -$8.00

FY 2024

Oct 25, 2024

$7MEPS $0.25

Q4 2024

Oct 25, 2024

$2MEPS $0.01

Q3 2024

Jun 12, 2024

$2MEPS -$1.57

Q2 2024

Dec 29, 2023

$2M+68.5%EPS -$1.00

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$0	$0	-$20
Q3 22	$0	$0	$0
Q1 23	$1M	$902.5K	-$454
Q2 23	$1M	$902.5K	$199.8K
Q3 23	$0	$0	-$198.0K
Q4 23	$0	$0	-$173.0K
Q2 24	$2M	$1M	$228.7K
Q3 24	$2M	$1M	-$757.0K
Q4 24	$2M	$1M	-$241.9K

Valuation

Quarter	P/S	P/E
Q1 22	—	—
Q3 22	—	—
Q1 23	—	—
Q2 23	139.5x	2741.3x
Q3 23	139.5x	814.5x
Q4 23	139.5x	421.5x
Q2 24	103.9x	608.0x
Q3 24	94.0x	8141.3x
Q4 24	16.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	-$48	-$48
Q4 22	-$4.7K	-$4.7K
Q1 23	-$32	-$1M
Q2 23	$3M	$2M
Q3 23	-$243.4K	-$243.4K
Q4 23	-$56.9K	-$56.9K
Q2 24	-$487.9K	-$681.5K
Q3 24	-$744.4K	-$744.4K
Q4 24	-$872.4K	-$823.2K

Capital Expenditures

Quarter	CapEx
Q3 22	$0
Q4 22	$0
Q1 23	$1M
Q2 23	$1M
Q3 23	$0
Q4 23	$0
Q2 24	$193.6K
Q3 24	$4
Q4 24	$49.2K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 23	—	+989900.0%
Q4 23	—	—
Q2 24	+68.5%	+49.9%
Q3 24	+28.3%	+126.3%
Q4 24	—	+821.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$0	—
Q4 22	$0	—
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	—
Q4 23	$0	—
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 22	—	—	—	$16
Q1 23	—	$677.8K	$25.0K	—
Q2 23	—	$677.8K	$25.0K	—
Q3 23	—	$422.2K	—	—
Q4 23	—	$422.2K	—	—
Q2 24	—	$943.6K	$217.6K	—
Q3 24	$45.0K	$835.6K	$421.9K	—
Q4 24	$45.0K	$835.6K	$421.9K	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$44.9K	$0	$44.9K
Q4 22	$363.5K	$63.7K	$427.2K
Q1 23	$35.0K	$0	$35.0K
Q2 23	$293.6K	$0	$293.6K
Q3 23	$57.3K	$0	$57.3K
Q4 23	$150.4K	$0	$150.4K
Q1 24	$613.8K	$0	$613.8K
Q2 24	$1M	$0	$1M
Q3 24	$31.5K	$0	$31.5K
Q4 24	$748.1K	$0	$748.1K
Q2 25	$2M	$0	$2M
Q2 26	$4M	$0	$4M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	72K	—	—
Q3 22	72K	0.0%	—
Q1 23	72K	0.0%	—
Q2 23	376K	+422.5%	—
Q3 23	376K	0.0%	+422.5%
Q4 23	376K	0.0%	+422.5%
Q2 24	250K	-33.4%	+247.9%
Q3 24	250K	0.0%	-33.4%
Q4 24	3M	+939.5%	+592.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	—	—
Q3 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	—	—
Q2 24	—	—
Q3 24	—	—
Q4 24	$31.7K	50

Revenue / Employee