CDNL Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	456.05	315.19	247.92
Revenue Growth (YoY)	44.69%	27.13%	-
Cost of Revenue	359.9	249.89	199.08
Gross Profit	96.15	65.3	48.84
Selling, General & Admin	23.53	10.69	6.5
Depreciation & Amortization Expenses	32.37	18.66	13.18
Other Operating Expenses	-0.16	0.01	-0.37
Total Operating Expenses	55.74	29.36	19.31
Operating Income	40.4	35.93	29.53
Interest Expense	-6.83	-4.83	-3.99
Other Non-Operating Income (Expense)	-0.52	-1.46	-1.24
Total Non-Operating Income (Expense)	-7.34	-6.28	-5.23
Pretax Income	33.06	29.65	24.3
Provision for Income Taxes	1.97	1.35	-
Net Income	31.09	28.3	24.3
Minority Interest in Earnings	8.41	6.94	3.72
Net Income to Common	22.69	21.36	20.57
Net Income Growth	6.22%	3.82%	-
Shares Outstanding (Basic)	15	-	-
Shares Outstanding (Diluted)	15	-	-
EPS (Basic)	0.06	-	-
EPS (Diluted)	0.06	-	-
Free Cash Flow	-5.91	21.87	18.62
Free Cash Flow Growth	-	17.51%	-
Free Cash Flow Per Share	-0.40	-	-
Gross Margin	21.08%	20.72%	19.70%
Operating Margin	8.86%	11.40%	11.91%
Profit Margin	6.82%	8.98%	9.80%
FCF Margin	-1.30%	6.94%	7.51%
EBITDA	72.78	54.68	42.71
EBITDA Margin	15.96%	17.35%	17.23%
EBIT	40.4	35.93	29.53
EBIT Margin	8.86%	11.40%	11.91%
Effective Tax Rate	5.95%	4.56%	0.00%

SEC Filings: 10-K · 10-Q