Cardinal Infrastructure Group (CDNL)
Builds wet utilities, grading, paving, and site-preparation work across Sunbelt markets.
$28.82
vs last close−1.29 (−4.28%)
In millions of USD, except per-share figures
| In millions | 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 | 77 | 77 | 76 | 85 | 82 | 106 | 122 | 146 | 168 | 227 |
| Cost of revenue | 60 | 60 | 62 | 68 | 65 | 84 | 97 | 115 | 133 | 202 |
| Gross profit | 17 | 17 | 14 | 17 | 17 | 23 | 26 | 31 | 34 | 24 |
| 7 | 7 | 7 | 9 | 9 | 11 | 14 | 22 | 19 | 8 | |
| 2 | 2 | 2 | 4 | 2 | 3 | 5 | 13 | 10 | 8 | |
| General & administrative | 2 | 2 | 2 | 4 | 2 | 3 | 5 | 13 | 10 | 8 |
| Other expenses | 4 | 4 | 5 | 5 | 7 | 8 | 9 | 9 | 9 | 0 |
| Operating income | 10 | 10 | 7 | 8 | 8 | 12 | 12 | 9 | 15 | 16 |
| −2 | −2 | −1 | −1 | −1 | −2 | −1 | −3 | −2 | −6 | |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 3 | −2 | 3 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 9 | 9 | 5 | 7 | 7 | 10 | 11 | 5 | 13 | 10 |
| Income tax expense | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 0 | 1 | −1 |
| Net income from continuing operations | 8 | 8 | 5 | 5 | 7 | 9 | 9 | 6 | 11 | 11 |
| Net income | 7 | 7 | 4 | −7 | 5 | 7 | −3 | 13 | 3 | 5 |
| EPS, basic | $0.50 | $0.50 | $0.29 | −$0.54 | $0.41 | $0.54 | −$0.26 | $0.96 | $0.23 | $0.72 |
| EPS, diluted | $0.50 | $0.50 | $0.29 | −$0.54 | $0.41 | $0.54 | −$0.26 | $0.96 | $0.23 | $0.74 |
| Weighted average shares, basic | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 14 | 15 | 16 |
| Weighted average shares, diluted | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 14 | 15 | 15 |
| EBITDA | 15 | 15 | 12 | 13 | 14 | 20 | 21 | 17 | 24 | 28 |
| Depreciation & amortization | 4 | 4 | 5 | 5 | 7 | 8 | 9 | 9 | 9 | 12 |
| EBIT | 10 | 10 | 7 | 8 | 8 | 12 | 12 | 8 | 15 | 16 |