CN ENERGY GROUP. INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $35.6M | $51.0M | $57.9M | $40.2M | $19.8M | $12.5M | $10.9M |
| Cost of Revenue | $34.9M | $51.1M | $57.1M | $36.6M | $17.2M | $9.1M | $7.9M |
| Gross Profit | $647.6K | $-181.1K | $788.7K | $3.6M | $2.6M | $3.4M | $3.0M |
| Gross Margin | 1.8% | -0.4% | 1.4% | 9.1% | 13.2% | 26.9% | 27.3% |
| Operating Expenses | |||||||
| Research & Development | $1.3K | $135.1K | $988.6K | $1.0M | $385.5K | $287.3K | $594.0K |
| SG&A Expense | $2.7M | $3.2M | $5.7M | $2.1M | $1.4M | $920.1K | $857.8K |
| Operating Income | $-11.0M | $-12.5M | $-6.2M | $459.8K | $583.4K | $2.0M | $1.2M |
| Operating Margin | -30.9% | -24.5% | -10.7% | 1.1% | 2.9% | 16.1% | 10.9% |
| Interest Expense | $168.2K | $233.9K | $0 | $157.2K | $0 | — | — |
| Pretax Income | $-11.1M | $-14.0M | $-5.8M | $2.5M | $1.7M | $2.5M | $1.8M |
| Income Tax Expense | $378 | $-8.9K | $-222.1K | $-314.3K | $-437.3K | $170.1K | $170.1K |
| Net Income | $-11.1M | $-14.0M | $-5.6M | $2.2M | $1.3M | $2.3M | $1.7M |
| Net Margin | -31.3% | -27.6% | -9.7% | 5.5% | 6.5% | 18.8% | 15.3% |
| EPS (Basic) | $-21.46 | $-14.75 | $-3.71 | $0.15 | $0.12 | $0.01 | $0.01 |
| EPS (Diluted) | $-21.46 | $-14.75 | $-3.71 | $0.15 | $0.12 | $0.01 | $0.01 |
| Shares Outstanding (Basic) | 519.3K | 951.7K | 1.5M | 15.2M | 10.6M | 210.0M | 210.0M |
| Shares Outstanding (Diluted) | 2.0M | 1.9M | 1.9M | 15.2M | 10.6M | 210.0M | 210.0M |
| Dividends Per Share | — | — | — | — | — | — | — |