Fundies.
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Treasure & Shipwreck Recovery, Inc.

EDGAR
BLIS Quarterly report (10-Q) · filed 2026-09-21

Annual consolidated revenue for 2026: about USD 1.421M, using the latest reported figures. The previous period, 2025, was about USD 0.

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Watchlist

Latest quarter

Revenue

5.29 million USD

2027 Q1 · USD

Exact inputs and evidence

Operating margin

24.83%

2027 Q1 · %

Exact inputs and evidence
  • Operating Income: 1312828 USD Source
  • Revenue: 5288000 USD Source

Operating cash flow

209 thousand USD

2027 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: 209310 USD Source
Cash and cash equivalents
346 Unit2 Source
Exact value

346 Unit2

Long-term debt including current maturities
Not available
Shares outstanding
491 million shares Source
Exact value

491254930 shares

Reported share-count change

81.02% · 220 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 271380682 shares · 2025-07-31· Source
  • 491254930 shares · 2026-07-31· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-09-21.

Financial data available through: 2026-04-30.

Coverage by financial measure
  • Revenue: 5 of 11 periods available· newest 2026-04-30
  • Operating income: 9 of 11 periods available· newest 2026-04-30
  • Net income: 9 of 11 periods available· newest 2026-04-30
  • Operating cash flow: 9 of 11 periods available· newest 2026-04-30
  • Capital expenditure: 2 of 11 periods available· newest 2020-04-30
  • Total assets: 5 of 11 periods available· newest 2026-04-30
  • Total liabilities: 5 of 11 periods available· newest 2026-04-30
  • Current assets: 5 of 11 periods available· newest 2026-04-30
  • Current liabilities: 5 of 11 periods available· newest 2026-04-30
  • Cash and cash equivalents: 2 of 11 periods available· newest 2018-04-30
  • long term debt: No compatible figures in this window
  • Shares outstanding: 5 of 11 periods available· newest 2026-04-30

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +USD 1.42 million

    Prior period

    USD 0

    –

    Current period

    USD 1.42 million

    –

    Exact inputs and evidence

    1421220 − 0 = 1421220 USD

    0 USD · 2024-05-01 – 2025-04-30

    Inspect prior input Prior source

    1421220 USD · 2025-05-01 – 2026-04-30

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  • Net income

    +USD 494,623

    Prior period

    −USD 3.38 million

    –

    Current period

    −USD 2.88 million

    –

    Exact inputs and evidence

    -2882376 − -3376999 = 494623 USD

    -3376999 USD · 2024-05-01 – 2025-04-30

    Inspect prior input Prior source

    -2882376 USD · 2025-05-01 – 2026-04-30

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  • Operating cash flow

    +USD 639,718

    Prior period

    −USD 797,225

    –

    Current period

    −USD 157,507

    –

    Exact inputs and evidence

    -157507 − -797225 = 639718 USD

    -797225 USD · 2024-05-01 – 2025-04-30

    Inspect prior input Prior source

    -157507 USD · 2025-05-01 – 2026-04-30

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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2026 2025-05-01 – 2026-04-30

  • Revenue USD 1.42 million 100% of revenue
  • Cost of revenue USD 2.11 million 149% of revenue
  • Operating expenses USD 1.35 million 95% of revenue
  • Operating income −USD 2.04 million −144% of revenue
  • Tax, interest and other Derived USD 837,524 59% of revenue
  • Net income −USD 2.88 million −203% of revenue

Cash

  • Operating cash flow −USD 157,507 −11% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2018 Operating loss: operating costs were 360% of revenue.
  • 2019 Operating loss: operating costs were 443% of revenue.
  • 2023 Operating loss: operating costs were 646% of revenue.
  • 2025 Not shown: operating income or net income is not reported.
  • 2026 Operating loss: operating costs were 244% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2018 2017-05-01 – 2018-04-3015200 54656 Derived -39456 0 Derived -39456 -50740 Derived
Source
2019 2018-05-01 – 2019-04-3014150 62732 Derived -48582 0 Derived -48582 Unavailable
Source
2023 2022-05-01 – 2023-04-3085000 549022 Derived -464022 477103 Derived -941125 Unavailable
Source
2025 2024-05-01 – 2025-04-300 2484960 Derived -2484960 892039 Derived -3376999 Unavailable
Source
2026 2025-05-01 – 2026-04-301421220 3466072 Derived -2044852 837524 Derived -2882376 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.4M 2026
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.5M1.2M767.5K383.7K0.020182019202320252026
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Revenue15200
2019Revenue14150
2023Revenue85000
2025Revenue0
2026Revenue1421220

Revenue growth

Change in revenue from the same financial period one year earlier.

-6.9% 2019
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.6%-1.5%-3.5%-5.5%-7.5%20182019202320252026
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2018Year over yearNo prior comparable period
2019Year over year-6.9%
2023Year over yearNo prior comparable period
2025Year over yearNo prior comparable period
2026Year over yearNo prior comparable period

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -143.9% 2026
Net margin -202.8% 2026
Free cash flow margin -333.8% 2018
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.89%-233%-554%-875%-1,196%20182019202320252026
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2018Operating margin-259.6%
2019Operating margin-343.3%
2023Operating margin-545.9%
2025Operating marginNot reported
2026Operating margin-143.9%
2018Net margin-259.6%
2019Net margin-343.3%
2023Net margin-1,107.2%
2025Net marginNot reported
2026Net margin-202.8%
2018Free cash flow margin-333.8%
2019Free cash flow marginNot reported
2023Free cash flow marginNot reported
2025Free cash flow marginNot reported
2026Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD -157.5K 2026
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.63.8K-167.4K-398.6K-629.8K-861.0K20182019202320252026
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Operating cash flow-29611
2019Operating cash flow-31247
2023Operating cash flow-424056
2025Operating cash flow-797225
2026Operating cash flow-157507

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -50.7K 2018
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.1K-10.7K-25.4K-40.1K-54.8K20182019202320252026
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Free cash flow-50740
2019Free cash flowUnavailable
2023Free cash flowUnavailable
2025Free cash flowUnavailable
2026Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

337.9% 2026
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7,635%5,727%3,818%1,909%0%20182019202320252026
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2018Liabilities / assets88.4%
2019Liabilities / assetsNot reported
2023Liabilities / assets316.7%
2025Liabilities / assets7,069.8%
2026Liabilities / assets337.9%

Current assets to current liabilities

Current assets divided by current liabilities.

0.28× 2026
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.34×0.26×0.17×0.09×0.00×20182019202320252026
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2018Current assets / current liabilities0.31×
2019Current assets / current liabilities0×
2023Current assets / current liabilities0.18×
2025Current assets / current liabilities0.01×
2026Current assets / current liabilities0.28×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2018 2017-05-01 – 2018-04-30
−USD 39,456
Exact value

Exact value: -39456 USD

2017-05-01 – 2018-04-30: -39456 USD Inspect Net Income Open source
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−USD 29,611
Exact value

Exact value: -29611 USD

2017-05-01 – 2018-04-30: -29611 USD Inspect Operating Cash Flow Open source
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USD 21,129
Exact value

Exact value: 21129 USD

2017-05-01 – 2018-04-30: 21129 USD Inspect Capital Expenditure Open source
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−USD 50,740
Calculation and evidence

-29611 − 21129 USD

Exact free cash flow: -50740 USD

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2019 2018-05-01 – 2019-04-30
−USD 48,582
Exact value

Exact value: -48582 USD

2018-05-01 – 2019-04-30: -48582 USD Inspect Net Income Open source
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−USD 31,247
Exact value

Exact value: -31247 USD

2018-05-01 – 2019-04-30: -31247 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2019-05-01 – 2020-04-30
−USD 592,237
Exact value

Exact value: -592237 USD

2019-05-01 – 2020-04-30: -592237 USD Inspect Net Income Open source
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−USD 444,782
Exact value

Exact value: -444782 USD

2019-05-01 – 2020-04-30: -444782 USD Inspect Operating Cash Flow Open source
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USD 60,390
Exact value

Exact value: 60390 USD

2019-05-01 – 2020-04-30: 60390 USD Inspect Capital Expenditure Open source
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−USD 505,172
Calculation and evidence

-444782 − 60390 USD

Exact free cash flow: -505172 USD

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2021 2020-05-01 – 2021-04-30
−USD 583,802
Exact value

Exact value: -583802 USD

2020-05-01 – 2021-04-30: -583802 USD Inspect Net Income Open source
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−USD 368,872
Exact value

Exact value: -368872 USD

2020-05-01 – 2021-04-30: -368872 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2021-05-01 – 2022-04-30
−USD 2.07 million
Exact value

Exact value: -2069567 USD

2021-05-01 – 2022-04-30: -2069567 USD Inspect Net Income Open source
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−USD 613,758
Exact value

Exact value: -613758 USD

2021-05-01 – 2022-04-30: -613758 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2022-05-01 – 2023-04-30
−USD 941,125
Exact value

Exact value: -941125 USD

2022-05-01 – 2023-04-30: -941125 USD Inspect Net Income Open source
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−USD 424,056
Exact value

Exact value: -424056 USD

2022-05-01 – 2023-04-30: -424056 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2023-05-01 – 2024-04-30
−USD 711,986
Exact value

Exact value: -711986 USD

2023-05-01 – 2024-04-30: -711986 USD Inspect Net Income Open source
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−USD 340,738
Exact value

Exact value: -340738 USD

2023-05-01 – 2024-04-30: -340738 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2024-05-01 – 2025-04-30
−USD 3.38 million
Exact value

Exact value: -3376999 USD

2024-05-01 – 2025-04-30: -3376999 USD Inspect Net Income Open source
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−USD 797,225
Exact value

Exact value: -797225 USD

2024-05-01 – 2025-04-30: -797225 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2026 2025-05-01 – 2026-04-30
−USD 2.88 million
Exact value

Exact value: -2882376 USD

2025-05-01 – 2026-04-30: -2882376 USD Inspect Net Income Open source
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−USD 157,507
Exact value

Exact value: -157507 USD

2025-05-01 – 2026-04-30: -157507 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

49 filings · 1,505 latest values · 1,505 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001703625, 1703625, BLIS, NAPD, edgar:1703625

Also known as BELISS CORP., Beliss Corp., NAPC Defense, Inc., Treasure & Shipwreck Recovery, Inc.