CN Energy Group. Inc.

CNEY Materials & mining

Develops energy products for Chinese customers.

Sep 2025Revenue $35.6M/yrExpenses $46.5M/yr
Fell below break-even Oct 2022Cash runway ≈ 2 months from Sep 2025
Figures by year

When will CN Energy Group. be profitable again?

Its expenses passed its revenue in Oct 2022. In the 12 months to Sep 2025, revenue was $35.6M and expenses $46.5M.

Fiscal year toRevenueExpensesOperating profit
Sep 2025$35.6M$46.5M−$11.0M
Sep 2024$51.0M$63.4M−$12.5M
Sep 2023$57.9M$64.1M−$6.18M
Sep 2022$40.2M$39.7M$460K
Sep 2021$19.8M$19.3M$583K
Sep 2020$12.5M$10.5M$2.00M
Sep 2019$10.9M$9.71M$1.19M