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C2 Blockchain Ord Shs Financials

CBLO
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE June

This page shows C2 Blockchain Ord Shs (CBLO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).

Rhea AI CBLO FY2025

FY2025 shows a financing-driven balance sheet expansion while the underlying operating business remains economically tiny.

In FY2025, new financing of $212K was effectively routed back out through operating burn of $149K. After additional investing outflows, cash ended at just $9 even as total assets rose to $76K, which suggests the larger balance sheet was funded externally rather than built by operations or retained earnings.

The income statement reads more like a corporate shell than a scaled operating platform: revenue was only $185, while SG&A overhead reached $223K. That gap means reported activity did not come close to covering the cost of maintaining the entity, so the losses reflect structure more than normal business variability.

The balance sheet is still creditor-funded: FY2025 liabilities of $84K exceeded assets of $76K, leaving negative equity. Because the prior two years showed almost no cash or asset base, FY2025 looks more like a recapitalization of the shell than evidence of a self-funding business, and the deficit reflects accumulated losses on a very small operating base.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 0 / 100
Financial Profile 0/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of C2 Blockchain Ord Shs'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.

Profitability
0

C2 Blockchain Ord Shs has an operating margin of -120321.6%, meaning the company retains $-120322 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses.

Piotroski F-Score Weak
1/9

C2 Blockchain Ord Shs passes 1 of 9 financial strength tests. 1 of 3 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality
0.63x

For every $1 of reported earnings, C2 Blockchain Ord Shs generates $0.63 in operating cash flow (-$149K OCF vs -$235K 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

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Earnings & Revenue

Revenue
$185

C2 Blockchain Ord Shs generated $185 in revenue in fiscal year 2025.

EBITDA
N/A
Net Income
-$235K

C2 Blockchain Ord Shs reported -$235K in net income in fiscal year 2025.

EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$9
YoY-70.0%

C2 Blockchain Ord Shs held $9 in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
275M
YoY+8.2%

C2 Blockchain Ord Shs had 275M shares outstanding in fiscal year 2025. This represents an increase of 8.2% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
-120321.6%

C2 Blockchain Ord Shs's operating margin was -120321.6% in fiscal year 2025, reflecting core business profitability.

Net Margin
-127170.3%

C2 Blockchain Ord Shs's net profit margin was -127170.3% in fiscal year 2025, showing the share of revenue converted to profit.

Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

CBLO Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue N/A $44 N/A $13 N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $163K-46.3% $303K N/A $101K N/A $8K N/A N/A
Operating Income -$163K+46.3% -$303K N/A -$101K N/A -$8K N/A N/A
Interest Expense -$35K+94.6% -$642K N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$87K+96.3% -$2.4M N/A -$101K N/A -$8K N/A N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A N/A

CBLO Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $660K-46.6% $1.2M+1534.5% $76K+103.0% $37K+185965.0% $20 $0-100.0% $30-50.0% $60
Current Assets $4K-97.6% $152K+1066.0% $13K-64.9% $37K N/A N/A $30 N/A
Cash & Equivalents $1K-99.2% $148K+1645477.8% $9-100.0% $21K+103880.0% $20 N/A $30-50.0% $60
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $1.1M-40.9% $1.9M+2118.3% $84K+9.7% $77K+3.8% $74K+7.0% $69K+12.7% $61K+25.7% $49K
Current Liabilities N/A N/A N/A N/A N/A N/A N/A N/A
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$441K+29.8% -$628K-7337.9% -$8K+78.5% -$39K+46.6% -$74K-6.9% -$69K-12.7% -$61K-25.8% -$49K
Retained Earnings -$2.8M-3.3% -$2.7M-795.9% -$298K-69.5% -$176K-134.0% -$75K-6.8% -$70K-12.5% -$63K-25.1% -$50K

CBLO Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow -$182K+32.9% -$271K-256.1% -$76K-25.7% -$61K N/A -$8K N/A N/A
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow -$211K+86.1% -$1.5M-3409.1% -$43K N/A N/A N/A N/A N/A
Financing Cash Flow $246K-87.3% $1.9M+1861.1% $98K-2.3% $101K N/A $8K N/A N/A
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

CBLO Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A -688384.1% N/A -773930.8% N/A N/A N/A N/A
Net Margin N/A -5386318.2% N/A -773930.8% N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets -13.3%+178.7pp -191.9% N/A -270.4% N/A N/A N/A N/A
Current Ratio N/A N/A N/A N/A N/A N/A N/A N/A
Debt-to-Equity -2.50+0.5 -2.97+7.0 -9.94-8.0 -1.95-0.9 -1.000.0 -1.000.0 -1.000.0 -1.00
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$8K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

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Frequently Asked Questions

C2 Blockchain Ord Shs (CBLO) reported $185 in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

No, C2 Blockchain Ord Shs (CBLO) reported a net income of -$235K in fiscal year 2025, with a net profit margin of -127170.3%.

C2 Blockchain Ord Shs (CBLO) had an operating margin of -120321.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

C2 Blockchain Ord Shs (CBLO) had a net profit margin of -127170.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

C2 Blockchain Ord Shs (CBLO) generated -$149K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

C2 Blockchain Ord Shs (CBLO) had $76K in total assets as of fiscal year 2025, including both current and long-term assets.

C2 Blockchain Ord Shs (CBLO) had 275M shares outstanding as of fiscal year 2025.

C2 Blockchain Ord Shs (CBLO) had a debt-to-equity ratio of -9.94 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

C2 Blockchain Ord Shs (CBLO) had a return on assets of -311.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, C2 Blockchain Ord Shs (CBLO) had $9 in cash against an annual operating cash burn of $149K. This gives an estimated cash runway of approximately 0 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.

C2 Blockchain Ord Shs (CBLO) has negative shareholder equity of -$8K as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

C2 Blockchain Ord Shs (CBLO) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. 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.

C2 Blockchain Ord Shs (CBLO) has an earnings quality ratio of 0.63x, 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.

C2 Blockchain Ord Shs (CBLO) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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