Cadiz Inc. (CDZI) — Financial statements
Income statement, balance sheet, and cash flow for Cadiz Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 16↑69.8% | 10↑382.6% | 2↑32.6% | 2↑166.1% | 0.56 | |
| Cost of Revenue | 11↑53.0% | 7↑152.8% | 3↑39.7% | 2 | 0.00 | |
| Gross Profit | 5↑122.9% | 2↑357.8% | -0.90↓58.3% | -0.57↓200.4% | 0.56 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 29↑21.1% | 24↑29.5% | 19↑22.5% | 15↓13.1% | 18 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 29↑21.1% | 24↑29.5% | 19↑22.5% | 15↓13.1% | 18 | |
| Other Expenses | 1↑4.1% | 1↓2.6% | 1↑90.7% | 0.65↑54.6% | 0.42 | |
| Operating Expenses | 31↑20.3% | 26↑27.5% | 20↑25.3% | 16↓11.5% | 18 | |
| Total Costs & Expenses | 42↑27.6% | 33↑43.3% | 23↑27.0% | 18↓0.1% | 18 | |
| Operating Results | ||||||
| Operating Income | -26↓10.1% | -23↓11.0% | -21↓26.4% | -17↑5.4% | -18 | |
| Depreciation & Amortization | 2↑17.4% | 1↑0.6% | 1↑103.7% | 0.67↑53.4% | 0.44 | |
| EBITDA | -23↓9.2% | -21↑12.5% | -24↓54.1% | -16↑21.6% | -20 | |
| EBIT | -25↓9.7% | -23↑11.8% | -26↓56.1% | -17↑20.0% | -21 | |
| Interest & Other Income | ||||||
| Net Interest Income | -9↓9.6% | -8↓59.4% | -5↑40.2% | -8↑13.9% | -10 | |
| Interest Income | 0.48↑284.7% | 0.12↓80.3% | 0.63 | 0.00 | 0.00 | |
| Interest Expense | 9↑13.9% | 8↑43.6% | 6↓32.5% | 8↓13.9% | 10 | |
| Non-Operating Income | -0.57↓32.7% | -0.43↓108.8% | 5 | 0.00↓100.0% | 3 | |
| Other Income / Expenses | -9↓8.4% | -8↑24.9% | -10↓27.6% | -8↑40.1% | -14 | |
| Income Before Tax | -34↓9.7% | -31↑1.0% | -31↓26.8% | -25↑20.7% | -31 | |
| Income Tax Expense | -0.01↓200.0% | 0.01↑0.0% | 0.01↑57.1% | 0.01↓30.0% | 0.01 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -34↓9.6% | -31↑1.0% | -31↓26.8% | -25↑20.7% | -31 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -34↓9.6% | -31↑1.0% | -31↓26.8% | -25↑20.7% | -31 | |
| Bottom-Line Net Income | -34↑5.8% | -36↑0.8% | -37↓22.3% | -30↑12.0% | -34 | |
| EPS (Basic) | -0.48↑9.4% | -0.53↑5.4% | -0.56↑6.7% | -0.60↑28.6% | -0.84 | |
| EPS (Diluted) | -0.48↑9.4% | -0.53↑5.4% | -0.56↑6.7% | -0.60↑28.6% | -0.84 | |
| Weighted Average Shares | 81↑17.7% | 69↑4.9% | 66↑31.7% | 50↑23.0% | 41 | |
| Weighted Average Diluted Shares | 81↑17.7% | 69↑4.9% | 66↑31.7% | 50↑23.0% | 41 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.