Cannae (CNNE)
Actively owns restaurants, Alight, BKFC, JANA, and other portfolio investments.
$15.64
After hours−0.03 (−0.19%)
At close$15.67(+2.89%)
In millions of USD, except per-share figures
| 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 | 144 | 119 | 111 | 118 | 114 | 110 | 103 | 110 | 107 | 103 | 96 | 102 |
| Cost of revenue | 132 | 108 | 117 | 111 | 111 | 110 | 105 | 127 | 101 | 91 | 87 | 85 |
| Gross profit | 12 | 11 | −7 | 7 | 3 | 0 | −2 | −17 | 6 | 13 | 10 | 17 |
| 63 | 36 | 34 | 30 | 21 | 22 | 19 | 44 | 19 | 37 | 32 | 74 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32 | 13 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 |
| Other expenses | 63 | 36 | 34 | 30 | 21 | 22 | 19 | 44 | 19 | 37 | 0 | 61 |
| Operating income | −52 | −25 | −41 | −23 | −18 | −22 | −21 | −61 | −13 | −24 | −22 | −57 |
| −159 | −49 | 22 | −162 | −6 | −38 | 3 | −170 | −51 | −76 | −13 | 85 | |
| Interest income | 3 | 5 | 2 | 1 | 1 | 1 | 1 | 5 | 2 | 2 | 2 | 0 |
| Interest expense | 6 | 4 | 3 | 2 | 3 | 4 | 4 | 3 | 3 | 2 | 2 | 1 |
| Other non-operating income | 127 | −42 | −7 | 145 | −24 | 22 | −9 | 71 | 48 | 75 | 11 | −86 |
| Income before tax | −211 | −74 | −19 | −185 | −24 | −60 | −19 | −231 | −64 | −100 | −35 | 28 |
| Income tax expense | −41 | −17 | 57 | −36 | −6 | −14 | 20 | −2 | −4 | −2 | 1 | 2 |
| Net income from continuing operations | −171 | −56 | −75 | −149 | −18 | −46 | −39 | −230 | −60 | −99 | −36 | 27 |
| Discontinued operations | 0 | 0 | −17 | −6 | 0 | 0 | −76 | −11 | −11 | 0 | 0 | 0 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Net income | −157 | −65 | −90 | −155 | −14 | −46 | −113 | −239 | −68 | −93 | −32 | 38 |
| EPS, basic | −$2.18 | −$0.83 | −$1.27 | −$2.49 | −$0.22 | −$0.74 | −$1.81 | −$3.93 | −$1.25 | −$1.93 | −$0.70 | $0.86 |
| EPS, diluted | −$2.18 | −$0.83 | −$1.27 | −$2.49 | −$0.22 | −$0.74 | −$1.81 | −$3.93 | −$1.25 | −$1.93 | −$0.70 | $0.86 |
| Weighted average shares, basic | 72 | 70 | 71 | 62 | 62 | 62 | 62 | 61 | 55 | 48 | 46 | 44 |
| Weighted average shares, diluted | 72 | 70 | 71 | 62 | 62 | 62 | 62 | 61 | 55 | 48 | 46 | 44 |
| EBITDA | −169 | 25 | −27 | −162 | 13 | −36 | −6 | −126 | −54 | 4 | −27 | 32 |
| Depreciation & amortization | 11 | 8 | 7 | 7 | 7 | 8 | 7 | 6 | 6 | 103 | 6 | 2 |
| EBIT | −179 | 17 | −34 | −168 | 6 | −44 | −13 | −132 | −61 | −99 | −33 | 30 |
