For the quarter ending 2026-03-31, CENN made $1,212,160 in revenue. -$3,908,099 in net income. Net profit margin of -322.41%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net revenues | 1,212,160 | 4,959,967 | 4,570,218 | 6,406,918 |
| Cost of goods sold | 975,032 | 7,682,005 | 4,466,900 | 6,425,822 |
| Gross profit | 237,128 | -2,722,038 | 103,318 | -18,904 |
| Selling and marketing expenses | 294,267 | 704,500 | 811,999 | 227,580 |
| General and administrative expenses | 3,408,959 | 6,148,118 | 4,091,359 | 5,167,754 |
| Research and development expenses | 478,133 | 862,272 | 518,852 | 648,861 |
| Provision for credit losses | 36,318 | 943,951 | 1,554,841 | 2,035,343 |
| Impairment of goodwill | - | 22,176 | - | - |
| Total operating expenses | 4,217,677 | 8,681,017 | 6,977,051 | 8,079,538 |
| Loss from operations | -3,980,549 | -11,403,055 | -6,873,733 | -8,098,442 |
| Interest expense, net | -88,070 | -603,404 | 112,706 | 156,396 |
| Gain from long-term investments | -4,304 | 2 | -26 | 3 |
| Change in fair value of convertible promissory notes and derivative liability | - | - | 421,038 | -134,161 |
| Gain from note amendment | - | 878,068.5* | 0 | -1,756,137 |
| Loss from acquisition in relation to the revaluation of the previously held equity interest | - | 0* | - | - |
| Change in fair value of convertible promissory notes and derivative liability | 234,864 | -8,519,553.5* | - | - |
| Gain from early termination of lease contract | 0 | -180,454 | -538,317 | 0 |
| Change in fair value of equity securities | 0 | -27,383,012 | 262,416 | 259,565 |
| Foreign currency exchange (gain) loss, net | -106,994 | -1,116,205 | 242,904 | 567,141 |
| Loss from acquisition of hezhe | - | - | 0 | 0 |
| Loss from disposal of cenntro electric cics, s.r.l.s equity | - | -578,778* | 0 | 1,157,556 |
| Gain on exercise of warrants | - | 0* | 0 | - |
| Gain (loss) from cross-currency swaps | 19,350 | -14,931 | 4,401 | 26,445 |
| Other (expense) income, net | -149,839 | -45,651 | 200,566 | -70,378 |
| Net loss from continuing operations before taxes | -4,075,542 | -48,966,973 | -6,393,457 | -8,204,804 |
| Income tax benefit | -12,925 | -12,911 | -12,969 | -15,408 |
| Net loss from continuing operations | -4,062,617 | -48,954,062 | -6,380,488 | -8,189,396 |
| Income (loss) from discontinued operations, net of tax | 139,785 | -1,791,915 | -334,600 | -1,705,812 |
| Net loss | -3,922,832 | -50,745,977 | -6,715,088 | -9,895,208 |
| Less net loss attributable to non-controlling interests | -14,733 | -14,168 | -8,797 | -5,871 |
| Net loss attributable to the companys shareholders | -3,908,099 | -50,731,809 | -6,706,291 | -9,889,337 |
| Basic EPS | -2.66 | -60.625 | -0.14 | -0.27 |
| Diluted EPS | -2.66 | -60.625 | -0.14 | -0.27 |
| Basic Average Shares | 1,465,214 | 836,814* | 51,217,179 | 36,398,582 |
| Diluted Average Shares | 1,465,214 | 836,814* | 51,217,179 | 36,398,582 |
Cenntro Inc. (CENN)
Cenntro Inc. (CENN)