Financial Statements — CNNE
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.07 | 0.14 | 0.23 | 0.07 | 0.13 | 0.16 | 0.05 | 0.24 | 0.06 | 0.11 | 0.18 | 0.37 | -- | -- | -- | 0.27 | 0.44 |
| Total Current Assets | 0.19 | 0.21 | 0.27 | 0.62 | 0.77 | 0.21 | 0.10 | 0.34 | 0.13 | 0.19 | 0.31 | 0.40 | 0.13 | 0.08 | 0.33 | 0.42 | 0.59 |
| Property, Plant & Equipment | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.08 | 0.08 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.12 |
| Goodwill | 0.02 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Intangible Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Total Non-current Assets* | 1.07 | 1.03 | 1.25 | 1.16 | 1.32 | 2.07 | 2.12 | 2.27 | 2.64 | 2.81 | 2.82 | 2.78 | 3.06 | 3.42 | 3.99 | 4.02 | 3.71 |
| Total Assets | 1.26 | 1.24 | 1.51 | 1.79 | 2.10 | 2.29 | 2.22 | 2.61 | 2.77 | 3.00 | 3.13 | 3.18 | 3.19 | 3.49 | 4.31 | 4.44 | 4.31 |
| Accounts Payable | 0.09 | 0.09 | 0.10 | 0.09 | 0.05 | 0.06 | 0.07 | 0.07 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.16 | 0.08 |
| Total Current Liabilities | 0.15 | 0.12 | 0.13 | 0.22 | 0.18 | 0.08 | 0.10 | 0.10 | 0.12 | 0.13 | 0.12 | 0.17 | 0.19 | 0.23 | 0.18 | 0.32 | 0.24 |
| Long-term Debt | 0.07 | 0.07 | 0.07 | 0.17 | 0.17 | 0.18 | 0.08 | 0.08 | 0.10 | 0.10 | 0.10 | 0.11 | 0.11 | 0.02 | 0.23 | 0.05 | 0.06 |
| Total Non-current Liabilities* | 0.19 | 0.19 | 0.20 | 0.20 | 0.22 | 0.34 | 0.24 | 0.24 | 0.28 | 0.29 | 0.29 | 0.29 | 0.30 | 0.22 | 0.63 | 0.49 | 0.52 |
| Total Liabilities | 0.35 | 0.32 | 0.33 | 0.43 | 0.40 | 0.42 | 0.34 | 0.34 | 0.40 | 0.41 | 0.41 | 0.46 | 0.48 | 0.45 | 0.81 | 0.81 | 0.76 |
| Retained Earnings | 0.00 | (0.03) | 0.12 | 0.20 | 0.45 | 0.62 | 0.64 | 0.80 | 0.97 | 1.12 | 1.21 | 1.19 | 1.13 | 1.40 | 1.75 | 1.87 | 1.70 |
| Total Stockholder Equity | 0.96 | 0.96 | 1.21 | 1.38 | 1.72 | 1.88 | 1.90 | 2.28 | 2.39 | 2.59 | 2.73 | 2.73 | 2.70 | 3.04 | 3.50 | 3.63 | 3.55 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 102.20 | 96.20 | 103.30 | 106.90 | 110.20 | 103.20 | 109.90 | 113.90 | 118.00 | 110.70 | 119.30 | 143.60 | 152.80 | 154.30 | 155.70 | 164.50 | 174.50 | 167.40 | 181.90 | 186.00 |
| Cost of Revenue* | 85.30 | 83.90 | 87.60 | 88.60 | 90.80 | 91.00 | 91.90 | 93.00 | 92.10 | 94.20 | 57.40 | 115.90 | 128.30 | 131.60 | 32.00 | 141.10 | 147.90 | 145.40 | -- | 154.80 |
| Gross Profit | 16.90 | 12.30 | 15.70 | 18.30 | 19.40 | 12.20 | 144.70 | 45.10 | (118.50) | 10.00 | 61.90 | (99.70) | (15.00) | 77.60 | 123.70 | 198.40 | (166.90) | (243.20) | -- | (136.30) |
| Total Operating Expenses | 73.70 | 34.40 | 39.80 | 31.50 | 80.30 | 33.60 | 166.70 | 63.20 | (95.50) | 50.60 | 86.60 | (47.80) | 4.60 | 100.30 | 144.40 | 219.70 | (139.90) | (167.60) | -- | (111.50) |
| Operating Income | (56.80) | (22.10) | (24.10) | (13.20) | (60.90) | (21.40) | (22.00) | (18.10) | (23.00) | (40.60) | (24.70) | (51.90) | (19.60) | (22.70) | (20.70) | (21.30) | (27.00) | (75.60) | (36.50) | (24.80) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 2.00 | 2.60 | 3.70 | 5.80 | 4.00 | 4.40 | 3.70 | 3.60 | 2.60 | 2.40 | 2.90 | 2.30 |
| Pretax Income | 28.30 | (29.50) | (31.80) | (6.50) | (135.60) | (16.60) | (48.00) | 3.20 | (169.40) | (49.70) | 13.30 | (185.10) | (63.10) | 27.80 | 80.60 | 150.10 | (223.10) | (343.20) | (124.50) | (194.60) |
| Tax Provision | 1.70 | 0.50 | (1.60) | (3.80) | (1.80) | 20.20 | (13.90) | (6.20) | (33.70) | 53.40 | (17.30) | (40.50) | (21.80) | 2.60 | 21.50 | 17.00 | (66.50) | (61.90) | (26.60) | (34.70) |
| Net Income | 37.50 | (32.10) | (93.00) | (68.40) | (238.80) | (113.00) | (46.10) | (13.60) | (155.00) | (89.90) | (64.80) | (157.30) | (87.20) | (4.10) | 27.50 | 55.30 | (263.30) | (247.60) | (109.30) | (121.00) |
| Basic EPS | 0.86 | (0.70) | (2.09) | (1.25) | (3.93) | (1.81) | (0.75) | (0.22) | (2.49) | (1.27) | (0.88) | (2.18) | (1.16) | (0.05) | 0.09 | 0.69 | (3.15) | (2.88) | (1.22) | (1.36) |
| Diluted EPS | 0.86 | (0.70) | (2.09) | (1.25) | (3.93) | (1.81) | (0.75) | (0.22) | (2.49) | (1.27) | (0.88) | (2.18) | (1.16) | (0.05) | 0.09 | 0.69 | (3.15) | (2.88) | (1.22) | (1.36) |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (5.20) | (21.20) | 16.00 | (21.60) | (21.60) | 9.10 | (12.00) | (31.90) | (10.20) | (36.00) | (33.30) | (19.90) | (14.90) | (19.70) | (18.30) | (53.80) | (94.50) | (38.50) | (34.50) | (74.40) |
| Capital Expenditures | 3.10 | 1.80 | 4.00 | 2.50 | 2.00 | 1.90 | 2.40 | 1.70 | 1.60 | 1.30 | 3.00 | 2.30 | 2.20 | 2.50 | 4.10 | 2.60 | 3.60 | 4.00 | 6.00 | 2.80 |
| Free Cash Flow* | (8.30) | (23.00) | 12.00 | (24.10) | (23.60) | 7.20 | (14.40) | (33.60) | (11.80) | (37.30) | (36.30) | (22.20) | (17.10) | (22.20) | (22.40) | (56.40) | (98.10) | (42.50) | (40.50) | (77.20) |
| Investing Cash Flow | (19.20) | (1.80) | 24.30 | 416.30 | 84.50 | (7.00) | (8.80) | 54.60 | 58.00 | 194.50 | 86.70 | 17.40 | (6.60) | (44.40) | (41.10) | 360.60 | 135.90 | 65.80 | 165.30 | (155.70) |
| Financing Cash Flow | (39.30) | (23.30) | (92.10) | (227.60) | (122.40) | (7.40) | (8.40) | 92.30 | (240.40) | (26.40) | (5.30) | (52.10) | (50.60) | 1.20 | (64.00) | (36.30) | 8.50 | (62.40) | (279.20) | 189.00 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q3
2024 | Q2
2024 |
|---|
| Dividends Per Share | 0.15 | 0.15 | 0.12 | 0.12 | 0.12 | 0.12 |
