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Financial statements

Cardiff Lexington Corp financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Cardiff Lexington Corp files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue1.151.632.234.543.459.8810.711.98.2711.5
Cost of revenue0.41.431.471.671.673.774.063.563.844.33
Gross profit0.350.190.762.041.786.116.638.294.437.21
Selling, general and administrative2.512.062.763.313.594.432.73.084.065.33
Selling and marketing1.511.30.230.130.370.37
Operating expenses2.523.192.783.313.594.452.733.14.626.11
Operating income-2.16-2.99-2.02-1.27-1.81.663.915.2-0.191.1
Interest expense0.050.110.330.490.140.450.443.056.82
Other non-operating income-0.09-0.66-1.93-5.31-1.12-1.97-7.16-2.08-3-6.85
Pre-tax income-0.15-6.03-2.92-0.3-3.253.11-3.19-5.75
Income tax0
Income from continuing operations-3.65-6.27-7.18-2.840.67-5.433.03
Net income-2.25-3.65-6.27-7.18-2.840.67-5.433.03-3.3-5.51
EBITDA-1.99-2.76-1.94-1.2-1.781.683.935.22-0.181.11
EPS, basic-268.18-126.20-10.41-0.01
EPS, diluted-268.18-126.20-10.41-0.01
Shares, basic (weighted)0.010.030.60.030.911280.010.013.826.93
Shares, diluted (weighted)0.010.030.60.030.911280.010.023.828.5

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.060.210.160.10.280.580.220.871.190.32
Receivables0.030.060.060.10.026.016.613.315.922.1
Inventory0.040.0500
Other current assets0.040.010.050.0100.010.010.010.090.2
Total current assets0.170.190.280.190.36.596.8314.217.222.6
Property, plant and equipment0.740.490.330.230.210.080.060.030.020
Lease right-of-use assets00.090.050.280.220.290.410.21
Goodwill0.9302.093.57.767.765.675.675.675.67
Intangible assets0.010.0200.250.250
Other non-current assets0
Total assets2.471.323.334.924.9315.313.320.723.929.1
Accounts payable0.070.210.360.230.120.170.340.720.681.09
Accrued liabilities0.530.25
Deferred revenue00.070.240.350
Short-term debt0.430.360.970.210.992.490.093.62
Total current liabilities4.074.757.1410.713.411.29.9613.915.925.8
Long-term debt0.41
Lease liabilities00.120.080.120.190.04
Total liabilities4.074.758.1811.613.811.410.214.116.326
Total debt0.260.220.190.210.950.60.162.289.2118.6
Paid-in capital43.845.750.242.8734-3.48-8.58-7.5822.772
Retained earnings-45.5-49.1-55.4-62.6-65.6-65.1-70.9-68.7-72.9-79.5
Treasury stock0-2.37-4.970
Shareholders' equity-1.6-3.43-4.85-6.73-8.870.49-1.740.732.69-2.47
Total equity-1.6-3.43-4.85-6.73-8.870.49-1.740.732.69-2.47
Total liabilities and equity2.471.323.334.924.9315.313.320.723.929.1
Shares outstanding0.020.040.60.075.271660.010.035.113.7

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-2.25-3.65-6.27-7.18-2.840.67-5.433.03-3.3-5.51
Depreciation and amortization0.170.230.080.070.020.010.020.020.010.01
Stock-based compensation1.020.290.29000.540.75
Change in receivables0.06-0.030.090.050.08-2.16-0.6-6.83-4.55-6.4
Change in inventory-0.0100.0400
Change in payables-0.020.140.46-0.3-0.160.190.750.34-0.70.46
Cash from operations-0.2-0.61-1.1-1.05-0.9-0.85-1.15-1.72-2.77-2.85
Capital expenditures-0.020-0.850-00
Acquisitions0-2.320
Cash from investing0.01-0.01-0.760.030-2.320
Debt repaid-0.22-0.22-00-0.01-0.01
Dividends paid-0.1-0.05
Cash from financing0.180.631.810.721.153.680.792.372.981.98
Net change in cash-0.010.01-0.05-0.020.20.3-0.360.650.32-0.87
Free cash flow-0.22-0.61-1.95-0.9-0.85-1.15
Interest paid0.010.030.180.230.380.1300.240.130.01
Income taxes paid00

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.42 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin60.4%Gross profit / revenue.
Operating margin-10.9%Operating income / revenue.
EBITDA margin-10.8%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-92.1%Net income / revenue.
Operating cash flow margin-16.0%Cash from operations / revenue.
Return on equity (ROE)-535.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-30.6%Net income / average total assets.
Return on invested capital (ROIC)-3.6%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue54.7%Selling, general and administrative expense / revenue.
Stock-based pay / revenue16.5%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue0.0%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y39.5%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y2.6%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y27.3%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y62.7%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y2.8%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y32.2%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income CAGR, 3y-34.4%Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 3y-34.5%Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-192.0%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y21.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y29.7%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y42.6%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y122.8%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y1,034.0%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y56.4%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.91xCurrent assets / current liabilities.
Quick ratio0.90x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.01x(Cash + short-term investments) / current liabilities.
Debt / equity12.9xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets74.1%Total debt / total assets.
Liabilities / assets88.3%Total liabilities / total assets.
Net debt$22.5MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-0.14xOperating income / interest expense.
Working capital-$2.3MCurrent assets - current liabilities.
Goodwill and intangibles / assets18.5%(Goodwill + intangible assets) / total assets.
Tangible book value-$3.9MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.33xRevenue / average total assets.
Fixed asset turnover4,847xRevenue / average property, plant and equipment.
Receivables turnover0.43xRevenue / average receivables.
Days sales outstanding848 days365 x average receivables / revenue.
Days payables137 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.62Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.67Revenue / diluted weighted shares.
Operating cash flow per share-$0.11Cash from operations / diluted weighted shares.
Book value per share$0.11Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.26Tangible book value / shares outstanding.
Cash per share$0.01(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$6.6MShare price x shares outstanding.
Enterprise value$29.1MMarket cap + total debt - cash - short-term investments.
P/S0.64xMarket cap / revenue.
P/B3.74xMarket cap / shareholders' equity. Only when equity is positive.
EV/Sales2.85xEnterprise value / revenue.
Earnings yield-143.1%Net income / market cap (the inverse of P/E).
Dividend yield0.0%Dividends paid over the period / market cap.
Shareholder yield0.0%(Dividends paid + share buybacks) / market cap.
What was Cardiff Lexington Corp's revenue in fiscal 2025?

Cardiff Lexington Corp reported revenue of $11.5M for fiscal 2025, 39.5% higher than the year before.

Was Cardiff Lexington Corp profitable in fiscal 2025?

No. It reported a net loss of $5.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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