Cannae Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $423.6M | $452.5M | $499.7M | $483.4M | $452.5M | $2.97B | $1.44B | $1.32B |
| Cost of Revenue | $358.0M | $371.2M | $474.9M | $571.4M | — | — | — | $991.3M |
| Gross Profit | $65.6M | $81.3M | $24.8M | $-88.0M | — | — | — | $329.3M |
| Gross Margin | 15.5% | 18.0% | 5.0% | -18.2% | — | — | — | 24.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-119.6M | $-103.7M | $-118.9M | $-144.6M | $-133.5M | $-188.5M | $-117.6M | $-145.8M |
| Operating Margin | -28.2% | -22.9% | -23.8% | -29.9% | -29.5% | -6.4% | -8.1% | -11.0% |
| Interest Expense | — | — | $17.9M | $12.3M | $9.8M | $9.0M | $17.8M | $4.7M |
| Pretax Income | $-190.5M | $-251.6M | $-200.4M | $-335.6M | $-433.0M | $2.18B | $237.9M | $22.6M |
| Income Tax Expense | $13.0M | $3.3M | $-71.5M | $-89.9M | $-74.0M | $481.2M | $24.2M | $15.0M |
| Net Income | $-513.2M | $-304.6M | $-313.4M | $-428.1M | $-287.0M | $1.79B | $77.3M | $27.6M |
| Net Margin | -121.2% | -67.3% | -62.7% | -88.6% | -63.4% | 60.2% | 5.4% | 2.1% |
| EPS (Basic) | $-9.08 | $-4.73 | $-4.27 | $-5.25 | $-3.19 | $20.84 | $1.07 | $0.39 |
| EPS (Diluted) | $-9.08 | $-4.73 | $-4.27 | $-5.25 | $-3.19 | $20.79 | $1.07 | $0.39 |
| Shares Outstanding (Basic) | 56.5M | 64.4M | 73.4M | 81.6M | 90.1M | 85.7M | 72.2M | 71.2M |
| Shares Outstanding (Diluted) | 56.5M | 64.4M | 73.4M | 81.6M | 90.1M | 85.9M | 72.4M | 71.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |