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Cardinal Infrastructure Group, Inc. CDNL Decrease In Cash Due To Deconsolidation Of Variable Interest Entity

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Other financials

Income statement

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Revenue$167.5M+105%
Gross profit$34.2M+107%
Operating income$14.8M+86.9%
Net income$3.4M-37.6%
EPS (diluted)$0.23

Balance sheet

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Cash & equivalents$44.0M
Total debt$220.6M
Total assets$657.3M

Cash flow

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Operating cash flow$9.3M-23.0%
CapEx$9.3M-10.2%
Free cash flow-$961.0-100%

Valuation

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Market cap$1.25B+35.3%
Enterprise value$1.43B
P/E83×
P/S3.1×

Profitability

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Gross margin20.6%+0.6pp
Operating margin11%-0.8pp
Net margin6.8%-1.1pp
FCF margin5.7%-1.6pp

Returns & leverage

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Current ratio1.7×

Where this comes from

Reported directly by Cardinal Infrastructure Group, Inc. in its filing.

Tagged under the XBRL concept cdnl:DecreaseInCashDueToDeconsolidationOfVariableInterestEntity.

The official record: Cardinal Infrastructure Group, Inc. ’s 10-K, filed March 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cardinal Infrastructure Group, Inc. 's decrease in cash due to deconsolidation of variable interest entity?
Cardinal Infrastructure Group, Inc. (CDNL) reported decrease in cash due to deconsolidation of variable interest entity of $1.1K in Q4 2025.
What does decrease in cash due to deconsolidation of variable interest entity mean?
Captures the reduction in cash and cash equivalents resulting from the removal of a variable interest entity from the company's consolidated financial statements. This typically occurs when the company no longer maintains a controlling financial interest or the primary beneficiary status.