What is Canton Strategic Holdings's earnings per share (EPS)?

Canton Strategic Holdings (CNTN) reported diluted earnings per share of $-1.12 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Canton Strategic Holdings Financials

CNTN

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Canton Strategic Holdings (CNTN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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 CNTN FY2025 2026-05-13

FY2025 brought a step-change in the asset base, but the company still appears externally financed rather than self-funding.

Between FY2024 and FY2025, total assets jumped from $3.7M to $519.1M, a scale change far bigger than the expense trend alone would explain. Because financing inflow reached $107.2M while operating cash flow stayed at -$16.1M, the larger asset base was built through capital raising, not internally generated cash, so liquidity improved without the underlying business becoming self-supporting.

R&D fell to $3.1M in FY2025 from $6.4M in FY2024, reversing the prior pattern of heavier development spending. At the same time, SG&A rose to $17.0M, pointing to a more administrative cost base where losses are driven less by building technology and more by carrying corporate overhead.

Despite total liabilities of $121.2M, interest expense was only $28K in FY2025, which is unusually light for a balance sheet of that size and shape. Shares outstanding rose to 37.1M from 2.0M, suggesting equity issuance rather than interest-bearing debt has been the main way losses and expansion were financed.

Financial Health Signals

Financial health score pending refresh

We are recalculating Canton Strategic Holdings's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

3/6

Canton Strategic Holdings passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.45x

For every $1 of reported earnings, Canton Strategic Holdings generates $0.45 in operating cash flow (-$16.1M OCF vs -$35.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-709.3x

Canton Strategic Holdings earns $-709.3 in operating income for every $1 of interest expense (-$20.1M vs $28K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$35.9M

YoY-194.5%

Canton Strategic Holdings reported -$35.9M in net income in fiscal year 2025. This represents a decrease of 194.5% from the prior year.

EPS (Diluted)

$-1.12

Canton Strategic Holdings earned $-1.12 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$17.0M

YoY+378.5%

5Y CAGR+145.3%

Canton Strategic Holdings held $17.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

37M

Canton Strategic Holdings had 37M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-9.0%

YoY+923.8pp

Canton Strategic Holdings's ROE was -9.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 923.8 percentage points from the prior year.

Capital Allocation

R&D Spending

$3.1M

YoY-51.9%

5Y CAGR+29.4%

Canton Strategic Holdings invested $3.1M in research and development in fiscal year 2025. This represents a decrease of 51.9% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

CNTN Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	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
R&D Expenses	$3.1M-51.9%	$6.4M+79.6%	$3.6M+56.2%	$2.3M+23.6%	$1.8M+117.5%	$847K
SG&A Expenses	$17.0M+181.9%	$6.0M+2.5%	$5.9M+28.1%	$4.6M+237.2%	$1.4M+103.2%	$672K
Operating Income	-$20.1M-61.7%	-$12.4M-31.5%	-$9.5M-37.4%	-$6.9M	N/A	N/A
Interest Expense	$28K+107.1%	$14K-17.1%	$17K-99.0%	$1.6M+91.4%	$831K+237.2%	$247K
Income Tax	-$6.2M	N/A	$0	$0	N/A	N/A
Net Income	-$35.9M-194.5%	-$12.2M-30.9%	-$9.3M-10.0%	-$8.5M-284.0%	-$2.2M	N/A
EPS (Diluted)	$-1.12	$-9.41+91.2%	$-107.02-471.7%	$-18.72	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	N/A	N/A	N/A	N/A	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	$268K	N/A	$278K-49.1%	$546K-8.1%	$594K	N/A	$2.3M+128.3%	$1000K
SG&A Expenses	$36.6M	N/A	$1.8M+39.1%	$1.3M-33.2%	$2.0M	N/A	$1.6M+15.3%	$1.4M
Operating Income	-$36.9M	N/A	-$2.1M-13.1%	-$1.9M+27.3%	-$2.5M	N/A	-$3.9M-62.9%	-$2.4M
Interest Expense	$8K	N/A	$10K+56.6%	$6K-27.3%	$8K	N/A	$3K-42.3%	$5K
Income Tax	-$4.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$47.3M	N/A	-$2.1M-13.3%	-$1.9M+27.0%	-$2.5M	N/A	-$3.8M-63.3%	-$2.3M
EPS (Diluted)	$-0.23	N/A	$-0.34	$-0.64+35.4%	$-0.99	N/A	$-2.45-1.2%	$-2.42

CNTN Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$519.1M+13849.5%	$3.7M-66.0%	$10.9M+63.7%	$6.7M+975.9%	$622K+110.9%	$295K
Current Assets	$17.4M+367.2%	$3.7M-66.0%	$10.9M+63.7%	$6.7M+975.9%	$622K+110.9%	$295K
Cash & Equivalents	$17.0M+378.5%	$3.6M-67.5%	$10.9M+68.0%	$6.5M+149361.3%	$4K-97.7%	$192K
Inventory	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
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$121.2M+4921.6%	$2.4M+33.0%	$1.8M+58.5%	$1.1M-78.4%	$5.3M+32.3%	$4.0M
Current Liabilities	$3.3M+36.1%	$2.4M+33.0%	$1.8M+58.5%	$1.1M-74.7%	$4.5M+66.4%	$2.7M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$397.9M+30330.8%	$1.3M-85.7%	$9.1M+64.7%	$5.5M+218.3%	-$4.7M-26.0%	-$3.7M
Retained Earnings	-$72.8M-97.3%	-$36.9M-49.4%	-$24.7M-60.6%	-$15.4M-122.6%	-$6.9M-46.9%	-$4.7M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$584.7M+12.6%	$519.1M+6642.7%	$7.7M+204.3%	$2.5M+52.3%	$1.7M-55.4%	$3.7M-29.1%	$5.3M-36.4%	$8.3M
Current Assets	$43.1M+147.8%	$17.4M+125.8%	$7.7M+204.3%	$2.5M+52.3%	$1.7M-55.4%	$3.7M-29.1%	$5.3M-36.4%	$8.3M
Cash & Equivalents	$41.5M+143.8%	$17.0M+123.8%	$7.6M+239.4%	$2.2M+108.4%	$1.1M-69.8%	$3.6M-25.4%	$4.8M-39.5%	$7.9M
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	$114.9M-5.3%	$121.2M+7748.3%	$1.5M-28.6%	$2.2M-12.6%	$2.5M+2.6%	$2.4M+8.1%	$2.2M+42.9%	$1.6M
Current Liabilities	$1.1M-65.3%	$3.3M+112.8%	$1.5M-28.6%	$2.2M-12.6%	$2.5M+2.6%	$2.4M+8.1%	$2.2M+42.9%	$1.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$469.8M+18.1%	$397.9M+6365.3%	$6.2M+1575.4%	$367K+145.1%	-$815K-162.3%	$1.3M-56.7%	$3.0M-54.9%	$6.7M
Retained Earnings	-$120.2M-65.0%	-$72.8M-67.8%	-$43.4M-5.1%	-$41.3M-4.7%	-$39.4M-6.9%	-$36.9M-11.5%	-$33.1M-13.0%	-$29.3M

CNTN Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$16.1M-47.9%	-$10.9M-49.3%	-$7.3M-11.3%	-$6.6M-503.7%	-$1.1M-0.7%	-$1.1M
Capital Expenditures	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
Investing Cash Flow	-$77.6M	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$107.2M+2939.5%	$3.5M-69.9%	$11.7M-10.3%	$13.1M+1353.6%	$899K-27.0%	$1.2M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	$70K	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$7.6M+26.9%	-$10.4M-462.8%	-$1.9M-62.4%	-$1.1M+57.5%	-$2.7M+11.4%	-$3.0M-5.9%	-$2.9M-31.4%	-$2.2M
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	-$54.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$87.0M-10.8%	$97.4M+1248.9%	$7.2M+212.9%	$2.3M+1023.0%	$206K-88.7%	$1.8M+805.7%	-$258K-115.6%	$1.6M
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

CNTN Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-9.0%+923.8pp	-932.8%-830.7pp	-102.1%+50.8pp	-152.8%	N/A	N/A
Return on Assets	-6.9%+320.8pp	-327.8%-242.6pp	-85.1%+41.5pp	-126.7%+228.3pp	-354.9%	N/A
Current Ratio	5.29+3.7	1.54-4.5	6.03+0.2	5.84+5.7	0.14+0.0	0.11
Debt-to-Equity	0.30-1.5	1.85+1.6	0.200.0	0.21	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-10.1%	N/A	-34.2%+470.8pp	-505.0%	N/A	N/A	-125.8%-91.1pp	-34.7%
Return on Assets	-8.1%	N/A	-27.3%+46.0pp	-73.3%+79.7pp	-153.0%	N/A	-72.3%-44.1pp	-28.2%
Current Ratio	37.75+32.5	5.29+0.3	4.98+3.8	1.17+0.5	0.67-0.9	1.54-0.8	2.35-2.9	5.28
Debt-to-Equity	0.24-0.1	0.30+0.1	0.25-5.6	5.89	N/A	1.85+1.1	0.74+0.5	0.23
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

Is Canton Strategic Holdings profitable?

No, Canton Strategic Holdings (CNTN) reported a net income of -$35.9M in fiscal year 2025.

What is Canton Strategic Holdings's return on equity (ROE)?

Canton Strategic Holdings (CNTN) has a return on equity of -9.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Canton Strategic Holdings's operating cash flow?

Canton Strategic Holdings (CNTN) generated -$16.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Canton Strategic Holdings's total assets?

Canton Strategic Holdings (CNTN) had $519.1M in total assets as of fiscal year 2025, including both current and long-term assets.

How much does Canton Strategic Holdings spend on research and development?

Canton Strategic Holdings (CNTN) invested $3.1M in research and development during fiscal year 2025.

How many shares does Canton Strategic Holdings have outstanding?

Canton Strategic Holdings (CNTN) had 37M shares outstanding as of fiscal year 2025.

What is Canton Strategic Holdings's current ratio?

Canton Strategic Holdings (CNTN) had a current ratio of 5.29 as of fiscal year 2025, which is generally considered healthy.

What is Canton Strategic Holdings's debt-to-equity ratio?

Canton Strategic Holdings (CNTN) had a debt-to-equity ratio of 0.30 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Canton Strategic Holdings's return on assets (ROA)?

Canton Strategic Holdings (CNTN) had a return on assets of -6.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Canton Strategic Holdings's cash runway?

Based on fiscal year 2025 data, Canton Strategic Holdings (CNTN) had $17.0M in cash against an annual operating cash burn of $16.1M. This gives an estimated cash runway of approximately 13 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 Canton Strategic Holdings's Piotroski F-Score?

Canton Strategic Holdings (CNTN) has a Piotroski F-Score of 3 out of 6 computable signals; 3 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 Canton Strategic Holdings's earnings high quality?

Canton Strategic Holdings (CNTN) has an earnings quality ratio of 0.45x, 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.

Can Canton Strategic Holdings cover its interest payments?

Canton Strategic Holdings (CNTN) has an interest coverage ratio of -709.3x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.