BTLN (Brightline Interactive) Return-on-Tangible-Asset: -1,138.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BTLN Brightline Interactive Inc BTLN
71 GF Score
Price $1.07
GF Value $1.05
Valuation Fairly Valued
! 5 Warning Signs
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What is Brightline Interactive Return-on-Tangible-Asset?

Brightline Interactive BTLN +15.05% 71 Return-on-Tangible-Asset is -1,138.00% as of Mar. 2026. GuruFocus rates BTLN with a GF Score™ of 71/100 and a GF Value™ of $1.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,894 Software companies, Brightline Interactive ranks worse than 95.16% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Brightline Interactive's annualized Net Income for the quarter that ended in Mar. 2026 was $-50.73 Mil. Brightline Interactive's average total tangible assets for the quarter that ended in Mar. 2026 was $4.46 Mil. Therefore, Brightline Interactive's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1,138.00%.

The historical rank and industry rank for Brightline Interactive's Return-on-Tangible-Asset or its related term are showing as below:

BTLN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -290.11   Med: -192.82   Max: -40.6
Current: -220.74

During the past 7 years, Brightline Interactive's highest Return-on-Tangible-Asset was -40.60%. The lowest was -290.11%. And the median was -192.82%.

BTLN's Return-on-Tangible-Asset is ranked worse than
95.16% of 2894 companies
in the Software industry
Industry Median: 2.1 vs BTLN: -220.74

Brightline Interactive  (NAS:BTLN) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Brightline Interactive Return-on-Tangible-Asset Related Terms


Brightline Interactive Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Brightline Interactive's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Brightline Interactive Return-on-Tangible-Asset Chart

Brightline Interactive Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -233.50 -49.53 -192.82 -98.59 -40.60

Brightline Interactive Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -59.01 -2.82 -52.16 -77.57 -1,138.00

BTLN vs SSGC, RKTO, INTZ: Return-on-Tangible-Asset Comparison

For the Software - Infrastructure subindustry, Brightline Interactive's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brightline Interactive Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Brightline Interactive's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Brightline Interactive's Return-on-Tangible-Asset falls into.


BTLN
71GF Score
Brightline Interactive Inc BTLN
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Brightline Interactive Return-on-Tangible-Asset Calculation

Brightline Interactive's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-2.553/( (4.214+8.361)/ 2 )
=-2.553/6.2875
=-40.60 %

Brightline Interactive's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-50.732/( (5.161+3.755)/ 2 )
=-50.732/4.458
=-1,138.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -1,138.00% mean?
Brightline Interactive (BTLN) has a Return-on-Tangible-Asset of -1,138.00% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Brightline Interactive and its competitors. According to the industry distribution chart, Brightline Interactive ranks #2754 out of 2894 companies in the Software industry, placing it in the top 95.2%.
Is Brightline Interactive's Return-on-Tangible-Asset too high?
Brightline Interactive's current Return-on-Tangible-Asset is -1,138.00%. Based on the distribution chart, Brightline Interactive ranks #2754 out of 2894 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Brightline Interactive has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brightline Interactive's Return-on-Tangible-Asset compare to SSGC and RKTO?
According to the Software industry distribution chart, Brightline Interactive ranks #2754 out of 2894 companies for Return-on-Tangible-Asset. This places Brightline Interactive in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Software company?
The median Return-on-Tangible-Asset among Software companies is 2.10, based on 2,894 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Brightline Interactive and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brightline Interactive's current Return-on-Tangible-Asset is -1,138.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brightline Interactive stock overvalued right now?
Based on GuruFocus' analysis, Brightline Interactive (BTLN) is currently considered Fairly Valued. The stock's GF Value™ is $1.05, compared to a current price of $1.07 — trading 1.9% above its estimated fair value. The current Return-on-Tangible-Asset is -1,138.00%. Brightline Interactive's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Brightline Interactive (BTLN), the current Return-on-Tangible-Asset is -1,138.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Brightline Interactive (BTLN) Overvalued in 2026?

Based on GuruFocus' analysis, Brightline Interactive stock appears to be overvalued. The current stock price of $1.07 is trading 1.9% above its estimated GF Value™ of $1.05. GuruFocus considers Brightline Interactive to be Fairly Valued.

Key valuation signals for BTLN:

  • Return-on-Tangible-Asset: -1,138.00%
  • GF Value™: $1.05 vs. price of $1.07 (1.9% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the BTLN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brightline Interactive Business Description

Other Exchanges 9DR:Germany
Address 15 West 38th Street, 12th Floor, New York, NY, USA, 10018
The Glimpse Group Inc is a diversified immersive technology platform company, focused on providing enterprise solutions in virtual reality (VR), augmented reality (AR), and spatial computing. The company operates multiple subsidiaries that develop VR and AR software and services across various industries, including corporate training, education, healthcare, government, defense, marketing, retail, and financial services. It also offers AI-driven spatial computing platforms that support simulations, social VR, behavioral health, and corporate events. The Company reports its revenues in three categories: Software Services, Software License and Software-as-a-Service (SaaS), and Royalty Income, with the majority being from the Software Services category.
71GF Score

Get the complete analysis for BTLN

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.07
Price
$1.05
GF Value