Cea Industries Inc Financials
This page shows Cea Industries Inc (BNCWW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
CEA Industries is now a cash-rich but revenue-light company, with fixed overhead and negative gross margin overwhelming operations.
After the financing reset, cash burn has become the real operating clock: cash fell from$18.6M to$9.5M . With operating cash flow still negative in consecutive years and liabilities only$1.2M , the balance sheet is financing the business while sales no longer cover even direct costs.
As revenue kept shrinking, selling and administrative expense stayed near
The balance sheet is unusually clean for a company with recurring losses: cash of
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Cea Industries Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Cea Industries Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Cea Industries Inc generates $-266.22 in operating cash flow (-$26.6M OCF vs $100K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Cea Industries Inc generated $26.4M in revenue in fiscal year 2026. This represents an increase of 841.9% from the prior year.
Cea Industries Inc's EBITDA was -$158.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4934.8% from the prior year.
Cea Industries Inc reported $100K in net income in fiscal year 2026. This represents an increase of 103.2% from the prior year.
Cea Industries Inc earned $2.52 per diluted share (EPS) in fiscal year 2026. This represents an increase of 159.7% from the prior year.
Cash & Balance Sheet
Cea Industries Inc generated -$26.6M in free cash flow in fiscal year 2026, representing cash available after capex.
Cea Industries Inc held $3.1M in cash against $1.8M in long-term debt as of fiscal year 2026.
Cea Industries Inc had 41M shares outstanding in fiscal year 2026. This represents an increase of 5102.8% from the prior year.
Margins & Returns
Cea Industries Inc's gross margin was 29.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is up 37.6 percentage points from the prior year.
Cea Industries Inc's operating margin was -604.3% in fiscal year 2026, reflecting core business profitability. This is down 491.1 percentage points from the prior year.
Cea Industries Inc's net profit margin was 0.4% in fiscal year 2026, showing the share of revenue converted to profit. This is up 111.0 percentage points from the prior year.
Cea Industries Inc's ROE was 0.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 33.7 percentage points from the prior year.
Capital Allocation
Cea Industries Inc spent $17.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding.
Cea Industries Inc invested $9K in capex in fiscal year 2026, funding long-term assets and infrastructure.
BNCWW Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.3M+0.2% | $7.3M+2.7% | $7.1M+56.0% | $4.6M+541.9% | $713K-89.7% | $6.9M+1667.8% | $391K-77.8% | $1.8M |
| Cost of Revenue | $4.7M-15.5% | $5.6M+10.3% | $5.1M+57.5% | $3.2M+375.7% | $674K-86.9% | $5.1M+1016.5% | $461K-70.8% | $1.6M |
| Gross Profit | $2.6M+49.8% | $1.8M-15.8% | $2.1M+52.5% | $1.4M+3393.8% | $39K-97.8% | $1.8M+2611.5% | -$70K-139.0% | $180K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | -$9.0M-249.9% | $6.0M-72.3% | $21.7M+212.1% | $6.9M+525.3% | $1.1M | N/A | $676K+3.5% | $653K |
| Operating Income | -$79.4M+51.7% | -$164.3M-283.0% | $89.8M+1692.0% | -$5.6M-425.3% | -$1.1M | N/A | -$747K-56.5% | -$477K |
| Interest Expense | N/A | N/A | $287K-92.8% | $4.0M+75960.1% | $5K | N/A | $6K-99.8% | $4.0M |
| Income Tax | -$81K+99.6% | -$18.4M-201.3% | $18.2M+30318.3% | -$60K-143.9% | $137K | N/A | N/A | N/A |
| Net Income | -$171.1M-60.6% | -$106.6M-137.6% | $283.6M+4949.9% | -$5.8M-447.3% | -$1.1M | N/A | -$740K-57.4% | -$470K |
| EPS (Diluted) | N/A | $-1.92-137.3% | $5.15 | $-6.94-421.8% | $-1.33 | N/A | $-0.94-42.4% | $-0.66 |
BNCWW Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $337.8M-22.6% | $436.8M-29.1% | $616.5M+6607.3% | $9.2M-2.6% | $9.4M-8.9% | $10.4M-8.6% | $11.3M-9.7% | $12.6M |
| Current Assets | $10.2M-54.5% | $22.5M-61.3% | $58.1M+696.2% | $7.3M-20.7% | $9.2M-8.9% | $10.1M-8.5% | $11.0M-9.7% | $12.2M |
| Cash & Equivalents | $3.1M-73.0% | $11.3M-65.2% | $32.5M+977.4% | $3.0M-65.3% | $8.7M-7.9% | $9.5M-8.2% | $10.3M-9.1% | $11.3M |
| Inventory | $4.0M+4.5% | $3.9M+10.8% | $3.5M+3.4% | $3.4M+16538.4% | $20K-21.9% | $26K+5.3% | $25K+4.3% | $24K |
| Accounts Receivable | N/A | N/A | N/A | N/A | $57K+335.9% | $13K-81.7% | $71K+121.5% | $32K |
| Goodwill | $3.5M-15.2% | $4.2M+3.4% | $4.0M | $0 | N/A | N/A | N/A | N/A |
| Total Liabilities | $33.1M-54.0% | $71.9M-45.4% | $131.6M+9435.8% | $1.4M+12.3% | $1.2M+5.6% | $1.2M+2.7% | $1.1M-29.6% | $1.6M |
| Current Liabilities | $8.6M+0.9% | $8.6M-23.8% | $11.2M | N/A | $1.1M+9.5% | $1.0M+6.6% | $966K-31.5% | $1.4M |
| Long-Term Debt | $1.8M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $304.8M-16.5% | $364.9M-24.7% | $484.9M+6107.6% | $7.8M-4.8% | $8.2M-10.8% | $9.2M-9.9% | $10.2M-6.8% | $10.9M |
| Retained Earnings | $73.4M-43.3% | $129.4M-45.2% | $236.0M+595.3% | -$47.7M-15.1% | -$41.4M-2.6% | -$40.3M-2.6% | -$39.3M-1.9% | -$38.6M |
BNCWW Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $5.5M+168.6% | -$8.0M+64.3% | -$22.4M-1197.6% | -$1.7M-131.5% | -$745K+11.5% | -$842K+18.2% | -$1.0M-276.8% | -$273K |
| Capital Expenditures | -$437-455.3% | $123 | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $5.5M+168.6% | -$8.0M | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$202.0M-47696.7% | -$423K+99.8% | -$174.6M-1540.3% | -$10.6M | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $188.2M+1576.2% | -$12.7M-105.6% | $226.5M+5691.3% | $3.9M | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $4.2M-52.4% | $8.8M | N/A | N/A | N/A | N/A | N/A | N/A |
BNCWW Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.9%+11.9pp | 24.0%-5.3pp | 29.3%-0.7pp | 30.0%+24.5pp | 5.5%-20.0pp | 25.5%+43.5pp | -17.9%-28.2pp | 10.2% |
| Operating Margin | -1080.7%+1159.5pp | -2240.2%-3497.4pp | 1257.2%+1380.3pp | -123.2%+27.3pp | -150.5% | N/A | -191.1%-163.9pp | -27.1% |
| Net Margin | -2328.5%-875.5pp | -1453.0%-5423.6pp | 3970.6%+4098.4pp | -127.7%+22.1pp | -149.8% | N/A | -189.5%-162.7pp | -26.7% |
| Return on Equity | -56.1%-26.9pp | -29.2%-87.7pp | 58.5%+133.4pp | -74.9%-61.9pp | -13.0% | N/A | -7.3%-3.0pp | -4.3% |
| Return on Assets | -50.6%-26.2pp | -24.4%-70.4pp | 46.0%+109.6pp | -63.6%-52.3pp | -11.3% | N/A | -6.5%-2.8pp | -3.8% |
| Current Ratio | 1.18-1.4 | 2.62-2.5 | 5.17 | N/A | 8.16-1.6 | 9.80-1.6 | 11.42+2.8 | 8.66 |
| Debt-to-Equity | 0.01-0.2 | 0.20-0.1 | 0.27+0.1 | 0.18+0.0 | 0.15+0.0 | 0.13+0.0 | 0.11-0.0 | 0.15 |
| FCF Margin | 74.6%+183.6pp | -109.0% | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Cea Industries Inc's annual revenue?
Cea Industries Inc (BNCWW) reported $26.4M in total revenue for fiscal year 2026. This represents a 841.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Cea Industries Inc's revenue growing?
Cea Industries Inc (BNCWW) revenue grew by 841.9% year-over-year, from $2.8M to $26.4M in fiscal year 2026.
Is Cea Industries Inc profitable?
Yes, Cea Industries Inc (BNCWW) reported a net income of $100K in fiscal year 2026, with a net profit margin of 0.4%.
What is Cea Industries Inc's EBITDA?
Cea Industries Inc (BNCWW) had EBITDA of -$158.7M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Cea Industries Inc have?
As of fiscal year 2026, Cea Industries Inc (BNCWW) had $3.1M in cash and equivalents against $1.8M in long-term debt.
What is Cea Industries Inc's gross margin?
Cea Industries Inc (BNCWW) had a gross margin of 29.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cea Industries Inc's operating margin?
Cea Industries Inc (BNCWW) had an operating margin of -604.3% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Cea Industries Inc's net profit margin?
Cea Industries Inc (BNCWW) had a net profit margin of 0.4% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Cea Industries Inc's return on equity (ROE)?
Cea Industries Inc (BNCWW) has a return on equity of 0.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Cea Industries Inc's free cash flow?
Cea Industries Inc (BNCWW) generated -$26.6M in free cash flow during fiscal year 2026. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Cea Industries Inc's operating cash flow?
Cea Industries Inc (BNCWW) generated -$26.6M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Cea Industries Inc's total assets?
Cea Industries Inc (BNCWW) had $337.8M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Cea Industries Inc's capital expenditures?
Cea Industries Inc (BNCWW) invested $9K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Cea Industries Inc's current ratio?
Cea Industries Inc (BNCWW) had a current ratio of 1.18 as of fiscal year 2026, which is considered adequate.
What is Cea Industries Inc's debt-to-equity ratio?
Cea Industries Inc (BNCWW) had a debt-to-equity ratio of 0.01 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cea Industries Inc's return on assets (ROA)?
Cea Industries Inc (BNCWW) had a return on assets of 0.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Cea Industries Inc's cash runway?
Based on fiscal year 2026 data, Cea Industries Inc (BNCWW) had $3.1M in cash against an annual operating cash burn of $26.6M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Cea Industries Inc's Piotroski F-Score?
Cea Industries Inc (BNCWW) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cea Industries Inc's earnings high quality?
Cea Industries Inc (BNCWW) has an earnings quality ratio of -266.22x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Cea Industries Inc?
Cea Industries Inc (BNCWW) scores 22 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.