CFN Enterprises Inc. financial data

Symbol
CNFN on OTC
Industry
Services-Business Services, NEC
Location
600 E. 8 Th Street, Whitefish, MT
State of incorporation
DE
Fiscal year end
December 31
Former names
Accelerize Inc. (to 10/23/2019), ACCELERIZE NEW MEDIA INC (to 10/14/2014)
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 21.6 % +387%
Quick Ratio 10.6 % +21108%
Debt-to-equity -170 %
Return On Equity 134 % +12.3%
Return On Assets -172 % +55.9%
Operating Margin -93.5 % +81%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 82.2M shares +105%
Common Stock, Shares, Outstanding 82.2M shares +97.1%
Entity Public Float 2.71M USD +30.7%
Common Stock, Value, Issued 82.2K USD +97.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 13M USD +716%
Cost of Revenue 9.83M USD +321%
Operating Income (Loss) -12.2M USD -55.1%
Nonoperating Income (Expense) -2.91M USD -122%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.2M USD -884%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -15.1M USD -64.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 225K USD -78.5%
Marketable Securities, Current 0 USD
Accounts Receivable, after Allowance for Credit Loss, Current 1.7M USD +4611%
Inventory, Net 1.86M USD
Assets, Current 3.81M USD +245%
Property, Plant and Equipment, Net 164K USD +243%
Operating Lease, Right-of-Use Asset 181K USD
Goodwill 8.68M USD
Assets 6.39M USD +925%
Accounts Payable, Current 4.44M USD +91.5%
Accrued Liabilities, Current 5.53M USD +127%
Liabilities, Current 19.8M USD +109%
Operating Lease, Liability, Noncurrent 1.58M USD
Liabilities 21.5M USD +106%
Retained Earnings (Accumulated Deficit) -76.4M USD -25.1%
Stockholders' Equity Attributable to Parent -13.4M USD -46.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -15.3M USD -71.1%
Liabilities and Equity 6.14M USD +316%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 204K USD
Net Cash Provided by (Used in) Financing Activities -122K USD -121%
Net Cash Provided by (Used in) Investing Activities -6.71K USD
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 82.2M shares +97.1%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 246K USD -77%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 11.9M USD +63.7%
Cash and Cash Equivalents, Period Increase (Decrease) -59.8K USD -862%
Deferred Tax Assets, Gross 11.9M USD +63.7%
Operating Lease, Liability 1.98M USD
Depreciation 71.7K USD -91.4%
Property, Plant and Equipment, Gross 253K USD +291%
Operating Lease, Liability, Current 395K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure
Deferred Tax Assets, Operating Loss Carryforwards 9.51M USD +67.9%
Preferred Stock, Shares Authorized 2M shares 0%
Operating Lease, Payments 1.04M USD
Additional Paid in Capital 61M USD +17.1%
Depreciation, Depletion and Amortization 8.43K USD +198%
Share-based Payment Arrangement, Expense 1.16M USD
Operating Leases, Future Minimum Payments Due 2.52M USD +393%
Interest Expense 2.97M USD +360%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%