CN Energy Group. Inc. income statement

In fiscal 2025, CN Energy Group. Inc. reported revenue of $35.6m, down 30.2% on the year before, operating income of −$11.0m (a -30.9% margin) and net income of −$11.1m, or −$21.46 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

CN Energy Group. Inc.: income statement, annual
Fiscal year	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025
Revenue	11	12	20	40	58	51	36
Cost of revenue	8	9	17	37	57	51	35
Gross profit	3	3	3	4	1	−0	1
Research and development	1	0	0	1	1	0	0
General and administrative	1	1	1	2	6	3	3
Operating income	1	2	1	0	−6	−12	−11
Interest expense	—	—	0	0	0	0	0
Net interest income	—	—	—	0	0	0	—
Income before tax	2	3	2	3	−6	−14	−11
Income tax	0	0	−0	−0	−0	−0	0
Net income	2	2	1	2	−6	−14	−11
Diluted EPS	$42.50	$57.50	$21.33	$25.75	−$26.00	−$103.27	−$21.46
Diluted shares (average)	—	40m	61m	87m	—	—	2m
EBITDA	2	3	2	2	−5	−11	−10

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from CN Energy Group. Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to CN Energy Group. Inc.