For the quarter ending 2025-09-30, CENN made $4,570,218 in revenue. -$6,706,291 in net income. Net profit margin of -146.74%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net revenues | 4,570,218 | 6,406,918 | 2,143,058 | -6,280,355* |
| Cost of goods sold | 4,466,900 | 6,425,822 | 1,821,531 | -5,987,176.5* |
| Gross profit | 103,318 | -18,904 | 321,527 | -293,178.5* |
| Impairment of goodwill | - | - | - | 52,282.5* |
| Selling and marketing expenses | 811,999 | 227,580 | 776,717 | -2,137,135* |
| General and administrative expenses | 4,091,359 | 5,167,754 | 4,934,168 | 12,623,117* |
| Research and development expenses | 518,852 | 648,861 | 784,178 | 1,314,318.5* |
| Provision for credit losses | 1,554,841 | 2,035,343 | - | 98,468.25* |
| Total operating expenses | 6,977,051 | 8,079,538 | 6,495,063 | 11,951,051.25* |
| Loss from operations | -6,873,733 | -8,098,442 | -6,173,536 | -12,244,229.75* |
| Interest expense, net | 112,706 | 156,396 | - | - |
| Loss from long-term investments | -26 | 3 | -39 | -74,943* |
| Change in fair value of convertible promissory notes and derivative liability | 421,038 | -134,161 | -3,129 | 3,424.5* |
| Interest (expense) income, net | - | - | -118,688 | -45,915.5* |
| Loss from note amendment | 0 | -1,756,137 | - | - |
| Loss from early termination of lease contract | -538,317 | 0 | 1,138 | -554,530* |
| Change in fair value of equity securities | 262,416 | 259,565 | 256,712 | 236,313.5* |
| Foreign currency exchange loss, net | 242,904 | 567,141 | 404,191 | -2,157,583.5* |
| Loss from acquisition of hezhe | 0 | 0 | - | - |
| Loss from acquisition in relation to the revaluation of the previously held equity interest | - | - | - | -599,488* |
| Gain from disposal of cenntro electric cics, srls equity | 0 | 1,157,556 | - | - |
| Gain (loss) from cross-currency swaps | 4,401 | 26,445 | -36,140 | -2,365.75* |
| Loss on exercise of warrants | 0 | - | - | -1,830* |
| Other income (expense), net | 200,566 | -70,378 | 295,592 | 484,678* |
| Net loss from continuing operations before taxes | -6,393,457 | -8,204,804 | -5,373,899 | -14,956,469.5* |
| Income tax benefit | -12,969 | -15,408 | -11,632 | -9,848.5* |
| Net loss from continuing operations | -6,380,488 | -8,189,396 | -5,362,267 | -14,946,621* |
| Loss from discontinued operations, net of tax | -334,600 | -1,705,812 | -303,390 | -2,698,923* |
| Net loss | -6,715,088 | -9,895,208 | -5,665,657 | -17,645,544* |
| Less net loss attributable to non-controlling interests | -8,797 | -5,871 | -11,321 | -10,629.5* |
| Net loss attributable to the companys shareholders | -6,706,291 | -9,889,337 | -5,654,336 | -17,634,914.5 |
| Basic EPS | -0.14 | -0.27 | -0.18 | -0.572 |
| Diluted EPS | -0.14 | -0.27 | -0.18 | -0.572 |
| Basic Average Shares | 51,217,179 | 36,398,582 | 30,866,614 | 30,854,287 |
| Diluted Average Shares | 51,217,179 | 36,398,582 | 30,866,614 | 30,854,287 |
Cenntro Inc. (CENN)
Cenntro Inc. (CENN)