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Cardinal Infrastructure Group, Inc. CDNL Recognition Of Operating Lease Liability Upon 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$1.41B+51.8%
Enterprise value$1.58B
P/E93.2×
P/S3.5×

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:RecognitionOfOperatingLeaseLiabilityUponDeconsolidationOfVariableInterestEntity.

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 recognition of operating lease liability upon deconsolidation of variable interest entity?
Cardinal Infrastructure Group, Inc. (CDNL) reported recognition of operating lease liability upon deconsolidation of variable interest entity of $128.32K in Q4 2025.
What does recognition of operating lease liability upon deconsolidation of variable interest entity mean?
Represents the initial recognition of lease liabilities that were previously associated with a deconsolidated entity. This is used to track how the company's lease obligations shift when the control status of a subsidiary changes.