Bolt Projects Holdings (BSLK) Stock Analysis & Winston Score

Bolt Projects Holdings is a small specialty chemicals company that develops and sells chemical products used in industrial and commercial applications. The company operates in the basic materials sector, serving business customers that need specialty chemical solutions. It is a micro-cap company with very limited market presence compared to larger chemical peers.

Bolt Projects generates revenue primarily through product sales, but its financials show significant strain — a gross margin of just 3.2% means it barely covers the cost of making its products, and its deeply negative operating margin signals it is spending far more than it earns. The company appears to operate mainly in the United States and has a very small revenue base. The central challenge facing Bolt Projects is achieving enough scale to become profitable, as its current cost structure is unsustainable. The biggest risk is that the company runs out of cash before it can grow revenues to a level where the business can support itself.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

>+1,000% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

-142.1% YoY

YoY Growth Rate

Earnings declining

Insider Activity

31.6%ownership

→ Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$5M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Bolt Projects Holdings grew revenue 7300% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

15.1%

Thin — 15.1% gross margin

Operating Margin

-1179.5%

Losing money on operations — -1179.5%

ROCE

-2661.0%

Weak — -2661.0% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+110.6%

Fast-growing sales (110.6% YoY)

EPS YoY

-101.3%

Earnings shrinking (-101.3% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

EPS Consistency

0/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

N/A

Data not available

FCF Margin

-170.8%

Burning cash (-170.8%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

N/A

—

Data not available

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

N/M

no trend

Negative earnings — P/E not meaningful

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial