CN Energy Group. Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	35.57	50.96	57.9	40.21	19.85
Revenue Growth (YoY)	-30.19%	-11.99%	44.01%	102.58%	59.08%
Cost of Revenue	34.93	51.14	57.11	36.56	17.23
Gross Profit	0.65	-0.18	0.79	3.64	2.62
Selling, General & Admin	2.72	3.2	5.78	2.15	1.65
Research & Development	0	0.14	0.99	1.03	0.39
Operating Expenses	11.62	12.31	6.97	3.18	2.03
Operating Income	-10.98	-12.49	-6.18	0.46	0.58
Interest Expense	-0.71	-0.34	-0.71	-0.16	-
Interest & Investment Income	0	0	0	0.7	0.19
Earnings From Equity Investments	-0.31	-	-	-	-
Other Non Operating Income (Expenses)	0.03	-0.02	0.95	1.41	0.85
EBT Excluding Unusual Items	-11.96	-12.84	-5.95	2.41	1.62
Gain (Loss) on Sale of Assets	0.82	-1.29	-	-	-
Other Unusual Items	-	0.08	0.1	0.13	0.11
Pretax Income	-11.14	-14.05	-5.85	2.54	1.73
Income Tax Expense	0	-0.01	-0.22	0.31	0.44
Net Income	-11.14	-14.04	-5.63	2.23	1.3
Preferred Dividends & Other Adjustments	-	-	-	-	0.98
Net Income to Common	-11.14	-14.04	-5.63	2.23	0.32
Net Income Growth	-	-	-	72.00%	-44.71%
Shares Outstanding (Basic)	1	0	0	0	0
Shares Outstanding (Diluted)	1	0	0	0	0
Shares Change (YoY)	281.92%	88.52%	149.72%	42.53%	51.98%
EPS (Basic)	-21.46	-103.27	-78.01	77.21	15.86
EPS (Diluted)	-21.46	-103.27	-78.01	77.21	15.86
EPS Growth	-	-	-	386.81%	-90.98%
Free Cash Flow	-1.97	-2.37	-30.85	-11.43	-15.78
Free Cash Flow Per Share	-3.80	-17.44	-427.75	-395.77	-778.78
Gross Margin	1.82%	-0.36%	1.36%	9.06%	13.18%
Operating Margin	-30.85%	-24.51%	-10.67%	1.14%	2.94%
Profit Margin	-31.32%	-27.55%	-9.72%	5.55%	1.62%
Free Cash Flow Margin	-5.54%	-4.65%	-53.28%	-28.43%	-79.51%
EBITDA	-9.74	-9.95	-3.53	1.89	1.76
EBITDA Margin	-27.37%	-19.54%	-6.10%	4.71%	8.86%
D&A For EBITDA	1.24	2.53	2.65	1.43	1.17
EBIT	-10.98	-12.49	-6.18	0.46	0.58
EBIT Margin	-30.85%	-24.51%	-10.67%	1.14%	2.94%
Effective Tax Rate	-	-	-	12.35%	25.23%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q