Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) Financials
Newest figures come from the 10-Q for Q2 FY2023, filed Aug 14, 2023. Each column of the statement tables below links to the filing it was taken from.
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) reported $12.1M in revenue over the twelve months to Jun 30, 2023, down 45.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Reported operations consume capital while liabilities exceed assets, making financing flows—not operating earnings—the visible balance-sheet mechanism.
From FY2021 to FY2022, revenue more than doubled while gross margin swung from10.8% to-7.0% ; scale did not improve unit economics. That combination points to growth accompanied by a worsening revenue-to-cost relationship, rather than simple fixed-cost absorption.
FY2022’s expense base overwhelmed gross profit: SG&A was
Short-term balance-sheet flexibility weakened as the current ratio fell from 0.7x in FY2021 to 0.3x in FY2022. Financing cash flow of
Financial Health Signals
Calamos S&P 500 Structured Alt Protection ETF - March does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Calamos S&P 500 Structured Alt Protection ETF - March passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
Calamos S&P 500 Structured Alt Protection ETF - March reported a net loss of $55.8M while operations used $77.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Calamos S&P 500 Structured Alt Protection ETF - March reported an operating loss of $121.8M against $991K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Calamos S&P 500 Structured Alt Protection ETF - March generated $1.1M in revenue in Q2 2023. This represents a decrease of 87.7% from the same quarter a year earlier. Against the prior quarter it is down 36.9%.
Calamos S&P 500 Structured Alt Protection ETF - March's EBITDA was -$7.9M in Q2 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 76.3% from the same quarter a year earlier. Against the prior quarter it is up 15.6%.
Calamos S&P 500 Structured Alt Protection ETF - March reported -$7.7M in net income in Q2 2023. This represents an increase of 38.6% from the same quarter a year earlier. Against the prior quarter it is down 49.3%.
Calamos S&P 500 Structured Alt Protection ETF - March earned -$0.10 per diluted share (EPS) in Q2 2023. This represents an increase of 41.2% from the same quarter a year earlier. Against the prior quarter it is down 42.9%.
Cash & Balance Sheet
Calamos S&P 500 Structured Alt Protection ETF - March generated $599K in free cash flow in Q2 2023, representing cash available after capex. This represents an increase of 107.8% from the same quarter a year earlier. Against the prior quarter it is up 106.7%.
Calamos S&P 500 Structured Alt Protection ETF - March held $7.9M in cash as of Q2 2023; long-term debt is not reported for that period.
Not reported for Q2 2023.
Margins & Returns
Calamos S&P 500 Structured Alt Protection ETF - March's gross margin was 55.0% in Q2 2023, indicating the percentage of revenue retained after direct costs. This is up 8.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 25.6 percentage points.
Not shown for Q2 2023: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2023: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q2 2023.
Capital Allocation
Calamos S&P 500 Structured Alt Protection ETF - March invested $2.6M in research and development in Q2 2023. This represents a decrease of 53.3% from the same quarter a year earlier. Against the prior quarter it is down 29.0%.
Calamos S&P 500 Structured Alt Protection ETF - March invested $18K in capex in Q2 2023, funding long-term assets and infrastructure. This represents a decrease of 99.4% from the same quarter a year earlier. Against the prior quarter it is down 92.0%.
Not reported for Q2 2023.
CPSR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2310-Q | Q1'2310-Q | Q4'2210-Q | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-K | Q3'2110-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1M-87.7% | $1.8M-76.7% | $2.6M-9.1% | $6.7M+120.7% | $9.0M+312.0% | $7.5M+142.3% | $2.9M | $3.0M |
| Cost of Revenue | $498K-89.6% | $1.2M-74.8% | $14.2M+493.7% | $3.6M+30.9% | $4.8M+138.7% | $4.9M+74.5% | $2.4M | $2.8M |
| Gross Profit | $609K-85.5% | $516K-80.2% | -$11.6M-2456.0% | $3.0M+1109.6% | $4.2M+2320.2% | $2.6M+812.6% | $493K | $251K |
| R&D Expenses | $2.6M-53.3% | $3.6M-50.9% | $2.3M+582.9% | $3.4M+3.9% | $5.5M-1.2% | $7.4M+69.3% | -$339K | $3.2M |
| SG&A Expenses | $7.5M-77.0% | $8.3M-78.0% | $11.9M-41.4% | $17.0M-31.1% | $32.5M+132.3% | $37.7M+215.7% | $20.4M | $24.7M+13292.7% |
| Operating Income | -$10.0M+70.9% | -$12.0M+72.2% | -$26.4M-31.3% | -$17.9M+36.6% | -$34.4M-72.1% | -$43.1M-159.5% | -$20.1M | -$28.3M-15217.8% |
| EBITDA | -$7.9M+76.3% | -$9.4M+77.3% | -$24.4M-30.9% | -$17.1M+38.0% | -$33.4M-74.0% | -$41.5M-161.6% | -$18.6M | -$27.5M |
| Interest Expense | $565K+203.8% | $891K+560.0% | $506K+21.9% | $164K-54.6% | $186K-18.1% | $135K-62.6% | $415K | $361K |
| Income Tax | N/A | $16K | N/A | $0 | N/A | $0-100.0% | N/A | $0-100.0% |
| Net Income | -$7.7M+38.6% | -$5.1M+9.8% | -$23.4M-21.4% | -$14.1M+54.0% | -$12.5M+49.4% | -$5.7M+69.3% | -$19.3M-27.1% | -$30.7M-27129.4% |
| EPS (Basic) | -$0.10+41.2% | -$0.07+90.0% | N/A | N/A | -$0.17 | -$0.70 | N/A | N/A |
| EPS (Diluted) | -$0.10+41.2% | -$0.07 | N/A | N/A | -$0.17 | -$0.70 | N/A | N/A |
| Diluted Shares (Avg) | 73M+1.3% | 73M | N/A | N/A | 72M | 63M | N/A | N/A |
CPSR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2310-Q | Q1'2310-Q | Q4'2210-Q | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-K | Q3'2110-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $95.9M-31.0% | $98.8M-35.4% | $103.3M-29.4% | $130.5M-52.8% | $139.0M-49.8% | $152.9M-44.8% | $146.3M-47.1% | $276.5M-0.3% |
| Current Assets | $24.7M-60.0% | $25.4M-65.2% | $23.5M-64.4% | $54.7M+15765.5% | $61.7M+7254.2% | $73.1M+7217.1% | $66.0M+11733.3% | $345K-71.8% |
| Cash & Equivalents | $7.9M-68.8% | $3.1M-90.9% | $7.4M-73.9% | $24.8M+8048.1% | $25.3M+3101.2% | $34.0M+3485.3% | $28.4M+5673.8% | $305K-73.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $5.7M-69.8% | $5.9M-63.5% | $6.9M-49.2% | $18.4M | $18.8M | $16.3M | $13.5M | N/A |
| Accounts Receivable | $799K-36.4% | $1.3M+119.5% | $1.2M+68.7% | $775K | $1.3M | $579K | $731K | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $114.5M-6.7% | $112.6M-14.2% | $115.8M-75.7% | $123.6M-61.5% | $122.8M-60.0% | $131.1M-56.7% | $476.1M+50.0% | $320.8M+5.9% |
| Current Liabilities | $76.5M+10.5% | $76.2M+48.1% | $78.3M-22.8% | $79.8M | $69.3M | $51.4M | $101.5M | N/A |
| Non-Current Liabilities | $38.0M-29.1% | $36.4M-54.3% | $37.4M-90.0% | $43.8M | $53.5M | $79.7M | $374.6M | N/A |
| Total Equity | -$31.5M-718.5% | -$26.7M-365.9% | -$25.1M+92.4% | -$3.6M+91.9% | $5.1M+117.0% | $10.0M+138.6% | -$329.8M-711.2% | -$44.3M-73.5% |
| Retained Earnings | -$335.6M-18.2% | -$327.9M-20.9% | -$322.6M-21.5% | -$298.1M-572.8% | -$283.9M-5944.4% | -$271.3M-44530.5% | -$265.5M-553.0% | -$44.3M-38536.1% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
CPSR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2310-Q | Q1'2310-Q | Q4'2210-Q | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-K | Q3'2110-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $617K+113.4% | -$8.7M+75.3% | -$16.3M+43.7% | -$21.7M-341.6% | -$4.6M+83.1% | -$35.2M-324.2% | -$28.9M-4351.5% | $9.0M+4328.8% |
| Depreciation & Amortization | $2.1M+114.0% | $2.6M+62.4% | $1.7M+10.3% | $867K+13.0% | $966K+26.1% | $1.6M+114.0% | $1.5M | $767K |
| Stock-Based Compensation | N/A | $2.1M-85.1% | N/A | N/A | N/A | $14.0M+861.4% | N/A | N/A |
| Capital Expenditures | $18K-99.4% | $224K-88.6% | $647K-57.8% | $3.4M-59.1% | $3.1M-16.2% | $2.0M-69.1% | $1.5M | $8.3M |
| Free Cash Flow | $599K+107.8% | -$8.9M+76.0% | -$16.9M+44.4% | -$25.1M-3971.5% | -$7.7M+75.0% | -$37.1M-153.6% | -$30.4M | $648K |
| Investing Cash Flow | -$18K+99.4% | -$224K+88.6% | -$647K+57.8% | -$3.4M+59.1% | -$3.1M+16.2% | -$2.0M-111.1% | -$1.5M | -$8.3M+97.0% |
| Financing Cash Flow | $4.2M+806.1% | $4.6M-89.3% | -$681K-102.5% | $24.8M+2078.8% | -$591K-159.2% | $42.8M+1183.1% | $27.1M | $1.1M-99.6% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
CPSR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2310-Q | Q1'2310-Q | Q4'2210-Q | Q3'2210-Q | Q2'2210-Q | Q1'2210-Q | Q4'2110-K | Q3'2110-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.0%+8.4pp | 29.4%-5.2pp | -442.0% | 45.6%+37.3pp | 46.7%+38.7pp | 34.6%+25.4pp | 17.1% | 8.3% |
| Operating Margin | -903.0% | -683.1% | -1006.2% | -269.5% | -382.8% | -573.4% | -696.2% | -938.3% |
| Net Margin | -693.9% | -293.6% | -891.0% | -212.7% | -139.5% | -75.9% | -667.1% | -1019.6% |
| Return on Equity | N/A | N/A | N/A | N/A | -245.4% | -56.8% | N/A | N/A |
| Return on Assets | -8.0%+1.0pp | -5.2%-1.5pp | -22.7%-9.5pp | -10.8%+0.3pp | -9.0%-0.1pp | -3.7%+3.0pp | -13.2%-7.7pp | -11.1%-11.2pp |
| Current Ratio | 0.32-0.6x | 0.33-1.1x | 0.30-0.4x | 0.69 | 0.89 | 1.42 | 0.65 | N/A |
| Debt-to-Equity | N/A | N/A | N/A | N/A | 24.08 | 13.07 | N/A | N/A |
| Asset Turnover | 0.01-0.1x | 0.020.0x | 0.030.0x | 0.050.0x | 0.06+0.1x | 0.050.0x | 0.02 | 0.01 |
| FCF Margin | 54.1%+139.8pp | -508.8% | -643.9% | -377.1% | -85.7% | -494.4% | -1052.2% | 21.5% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$25.1M), 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.
Note: The current ratio is below 1.0 (0.30), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Calamos S&P 500 Structured Alt Protection ETF - March Ranks
Frequently Asked Questions
What is Calamos S&P 500 Structured Alt Protection ETF - March's annual revenue?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) reported $25.8M in total revenue for fiscal year 2022. This represents a 130.4% 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 Calamos S&P 500 Structured Alt Protection ETF - March's revenue growing?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) revenue grew by 130.4% year-over-year, from $11.2M to $25.8M in fiscal year 2022.
Is Calamos S&P 500 Structured Alt Protection ETF - March profitable?
No, Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) reported a net income of -$55.8M in fiscal year 2022.
What is Calamos S&P 500 Structured Alt Protection ETF - March's EBITDA?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) had EBITDA of -$116.3M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
What is Calamos S&P 500 Structured Alt Protection ETF - March's gross margin?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) had a gross margin of -7.0% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.
What is Calamos S&P 500 Structured Alt Protection ETF - March's free cash flow?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) recorded an outflow of $86.8M in free cash flow during fiscal year 2022. This represents a -15.5% change compared to the previous fiscal year. 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 Calamos S&P 500 Structured Alt Protection ETF - March's operating cash flow?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) recorded an outflow of $77.7M in operating cash flow during fiscal year 2022, representing cash used by core business activities.
What are Calamos S&P 500 Structured Alt Protection ETF - March's total assets?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) had $103.3M in total assets as of fiscal year 2022, including both current and long-term assets.
What are Calamos S&P 500 Structured Alt Protection ETF - March's capital expenditures?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) invested $9.1M in capital expenditures during fiscal year 2022, funding long-term assets and infrastructure.
How much does Calamos S&P 500 Structured Alt Protection ETF - March spend on research and development?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) invested $18.6M in research and development during fiscal year 2022.
What is Calamos S&P 500 Structured Alt Protection ETF - March's current ratio?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) had a current ratio of 0.30 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.
What is Calamos S&P 500 Structured Alt Protection ETF - March's return on assets (ROA)?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) had a return on assets of -54.0% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
Why is Calamos S&P 500 Structured Alt Protection ETF - March's debt-to-equity ratio negative or not reported?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) has negative shareholder equity of -$25.1M as of fiscal year 2022, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.
What is Calamos S&P 500 Structured Alt Protection ETF - March's Piotroski F-Score?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) has a Piotroski F-Score of 2 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 Calamos S&P 500 Structured Alt Protection ETF - March's earnings high quality?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) reported a net loss of $55.8M while operations used $77.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 Calamos S&P 500 Structured Alt Protection ETF - March cover its interest payments?
Calamos S&P 500 Structured Alt Protection ETF - March (CPSR) reported an operating loss of $121.8M against $991K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.