Chardan NexTech Acquisition 2 Corp. (CNTQW) Financials

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$100M$100M$50M$50M$0$0-$50M-$50MEarning202020202021202120222022202320232024202450%50%0%0%-50%-50%-100%-100%Profit Margin
Profit Margin
Revenue
Earnings

CNTQW Income statement / Annual

Last year (2024), Chardan NexTech Acquisition 2 Corp.'s total revenue was $50.65 M, a decrease of 21.35% from the previous year. In 2024, Chardan NexTech Acquisition 2 Corp.'s net income was -$40.62 M. See Chardan NexTech Acquisition 2 Corp.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Operating Revenue $50.65 M $64.39 M $86.25 M $78.00 M $47.19 M
Cost of Revenue $39.02 M $48.95 M $62.25 M $48.38 M $26.58 M
Gross Profit $11.63 M $15.45 M $24.00 M $29.63 M $20.61 M
Gross Profit Ratio 0.23 0.24 0.28 0.38 0.44
Research and Development Expenses $5.45 M $3.86 M $2.76 M $2.69 M $1.24 M
General & Administrative Expenses $21.91 M $26.39 M $41.57 M $10.62 M $4.66 M
Selling & Marketing Expenses $10.03 M $12.62 M $13.67 M $9.85 M $5.96 M
Selling, General & Administrative Expenses $31.93 M $39.01 M $55.24 M $20.47 M $10.62 M
Other Expenses $0.00 $0.00 $20.46 M $1.00 K $15.00 K
Operating Expenses $37.39 M $42.88 M $58.00 M $23.16 M $11.86 M
Cost And Expenses $76.40 M $91.82 M $120.63 M $71.53 M $38.44 M
Interest Income $0.00 $0.00 $0.00 $0.00 $3.00 K
Interest Expense $21.50 M $16.02 M $6.95 M $519.00 K $0.00
Depreciation & Amortization $3.60 M $1.24 M $891.00 K $617.00 K $198.00 K
EBITDA -$15.51 M $3.41 M -$32.83 M $7.09 M $8.94 M
EBITDA Ratio -0.31 0.05 -0.38 0.09 0.19
Operating Income Ratio -0.51 -0.43 -0.4 0.08 0.19
Total Other Income/Expenses Net -$14.86 M $13.59 M $0.00 -$518.00 K $18.00 K
Income Before Tax -$40.62 M -$13.84 M -$40.70 M $5.95 M $8.76 M
Income Before Tax Ratio -0.8 -0.21 -0.47 0.08 0.19
Income Tax Expense $0.00 -$26.00 K -$709.00 K $1.61 M $1.89 M
Net Income -$40.62 M -$13.82 M -$39.99 M $4.34 M $6.88 M
Net Income Ratio -0.8 -0.21 -0.46 0.06 0.15
EPS -5.91 -2.34 -9.27 0.87 0.14
EPS Diluted -5.91 -2.34 -9.27 0.87 0.1
Weighted Average Shares Out $6.87 M $5.87 M $4.29 M $4.98 M $44.85 M
Weighted Average Shares Out Diluted $6.87 M $5.87 M $4.29 M $4.98 M $44.85 M
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