Cenntro Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $18.1M | $31.3M | $10.4M | $8.9M | $8.6M | $5.5M | $3.6M |
| Cost of Revenue | $20.4M | $23.7M | $8.8M | $9.5M | $7.1M | $4.9M | $3.7M |
| Gross Profit | $-2.3M | $7.6M | $1.6M | $-514.0K | $1.5M | $570.2K | $-123.9K |
| Gross Margin | -12.8% | 24.3% | 15.5% | -5.7% | 17.5% | 10.4% | -3.5% |
| Operating Expenses | |||||||
| Research & Development | $2.8M | $5.2M | $7.7M | $6.4M | $1.5M | $1.4M | $2.1M |
| SG&A Expense | $20.3M | $26.3M | $33.0M | $32.8M | $15.0M | $8.7M | $11.0M |
| Operating Income | $-32.5M | $-31.8M | $-43.2M | $-55.2M | $-16.5M | $-10.6M | $-17.8M |
| Operating Margin | -180.0% | -101.7% | -414.8% | -617.7% | -191.9% | -194.8% | -497.6% |
| Interest Expense | — | — | $-402.4K | $844.2K | $1.1M | $1.4M | $1.1M |
| Pretax Income | $-68.9M | $-34.1M | $-46.1M | $-112.1M | $-16.4M | $-5.2M | $-19.5M |
| Income Tax Expense | $-52.9K | $-35.5K | $9.0K | $0 | $0 | $0 | $0 |
| Net Income | $-73.0M | $-44.9M | $-54.2M | $-110.1M | $-16.4M | $-5.2M | $-19.5M |
| Net Margin | -403.7% | -143.4% | -519.9% | -1,231.2% | -191.5% | -94.6% | -544.4% |
| EPS (Basic) | $-87.21 | $-87.28 | $-1.78 | $-4.18 | $-0.09 | $-0.03 | $-0.11 |
| EPS (Diluted) | $-87.21 | $-87.28 | $-1.78 | $-4.18 | $-0.09 | $-0.03 | $-0.11 |
| Shares Outstanding (Basic) | 836.8K | 514.0K | 30.4M | 26.3M | 175.1M | 174.9M | 174.9M |
| Shares Outstanding (Diluted) | 836.8K | 514.0K | 30.4M | 26.3M | 175.1M | 174.9M | 174.9M |
| Dividends Per Share | — | — | — | — | — | — | — |