Cango (CANG)
Runs global Bitcoin mining alongside AutoCango.com international automobile trading.
$2.03
vs last close−0.19 (−8.55%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 19 | 10 | 7 | 4 | 100 | 157 | 21 | 34 | 27 | 105 | 52 |
| Cost of revenue | 45 | 17 | 4 | 4 | 3 | 72 | 143 | 21 | 30 | 29 | 132 | 69 |
| Gross profit | 7 | 3 | 5 | 3 | 1 | 27 | 15 | 0 | 4 | −2 | −28 | −17 |
| −2 | 7 | −6 | −4 | −5 | 24 | 38 | 27 | 1 | 1 | 6 | 8 | |
| Research & development | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 7 | 7 | 6 | 6 | 7 | 19 | 14 | 0 | 1 | 1 | 7 | 9 | |
| Selling & marketing | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 5 | 7 | 6 | 6 | 7 | 19 | 14 | 0 | 1 | 1 | 7 | 9 |
| Other expenses | 3 | −1 | −12 | −11 | −12 | 4 | 24 | 27 | 0 | 0 | −1 | 0 |
| Operating income | −13 | −4 | 11 | −2 | 5 | 3 | −23 | — | 3 | −4 | −34 | −25 |
| 7 | 4 | 4 | 2 | 4 | 5 | −7 | — | 3 | −39 | −234 | −57 | |
| Interest income | 3 | 3 | 2 | 5 | 4 | 5 | 0 | 0 | 0 | 0 | 0 | — |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 7 | 1 |
| Other non-operating income | −7 | −4 | −4 | −2 | 1 | −4 | 6 | — | −4 | 38 | 0 | 0 |
| Income before tax | −6 | 0 | 15 | 12 | 10 | 8 | −30 | — | 6 | −42 | −268 | −83 |
| Income tax expense | 1 | 15 | 2 | −1 | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −7 | −15 | 13 | 0 | 10 | 8 | −31 | — | 6 | −43 | −268 | −83 |
| Discontinued operations | 0 | 0 | 0 | 12 | 0 | 0 | 0 | — | 0 | −1 | 0 | 0 |
| Net income | −7 | −15 | 13 | 13 | 10 | 8 | −31 | — | 6 | −44 | −268 | −83 |
| EPS, basic | −$0.02 | −$0.34 | $0.33 | $0.31 | $0.22 | $0.21 | −$0.75 | −$1.15 | $1.12 | −$8.34 | −$7.49 | −$2.02 |
| EPS, diluted | −$0.02 | −$0.34 | $0.30 | $0.28 | $0.22 | $0.18 | −$0.75 | −$1.03 | $1.03 | −$8.34 | −$7.49 | −$2.02 |
| Weighted average shares, basic | 427 | 44 | 45 | 45 | 45 | 47 | 42 | 38 | 35 | 35 | 36 | 41 |
| Weighted average shares, diluted | 438 | 44 | 45 | 45 | 45 | 47 | 42 | 43 | 38 | 35 | 36 | 41 |
| EBITDA | −6 | −1 | 9 | 6 | 4 | 8 | −26 | — | 7 | −41 | −4 | −8 |
| Depreciation & amortization | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 30 | 17 |
| EBIT | −6 | 0 | 9 | −2 | 4 | 8 | −29 | — | 7 | −41 | −34 | −25 |