Cardinal Infrastructure Group Inc. (CDNL)

CDNL Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2024	Dec 31, 2023
Revenue	349.19	315.19	247.92
Revenue Growth (YoY)	-	27.13%	-
Cost of Revenue	-	249.89	199.08
Gross Profit	70.39	65.3	48.84
Selling, General & Admin	-	10.69	6.5
Other Operating Expenses	0	18.68	12.82
Operating Expenses	-	29.36	19.31
Operating Income	34.63	35.93	29.53
Interest Expense / Income	5.19	4.83	3.99
Other Expense / Income	0.44	1.46	1.24
Pretax Income	22.19	22.71	20.57
Income Tax	1.28	1.35	-
Net Income	27.72	28.3	24.3
Net Income Common	20.91	21.36	20.57
Net Income Growth	-	3.82%	-
Free Cash Flow	17.72	21.87	18.62
Gross Margin	20.16%	20.72%	19.70%
Operating Margin	9.92%	11.40%	11.91%
Profit Margin	5.99%	6.78%	8.30%
Free Cash Flow Margin	5.07%	6.94%	7.51%
Effective Tax Rate	5.77%	5.96%	-
EBITDA	58.72	53.23	41.57
EBITDA Margin	16.82%	16.89%	16.77%
Depreciation & Amortization	24.53	18.75	13.29
EBIT	34.19	34.48	28.29
EBIT Margin	9.79%	10.94%	11.41%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).