Canaan Inc. (CAN) Financials

$2.34

north_east
$0.02 (0.86%)
Day's range
$2.28
Day's range
$2.47

CAN Income statement / Annual

Last year (2023), Canaan Inc.'s total revenue was $211.48 M, a decrease of 67.78% from the previous year. In 2023, Canaan Inc.'s net income was -$414.15 M. See Canaan Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Operating Revenue $211.48 M $656.32 M $771.14 M $68.58 M $1.42 B $2.71 B $1.31 B
Cost of Revenue $452.26 M $424.34 M $330.31 M $62.80 M $1.94 B $2.20 B $703.70 M
Gross Profit -$240.78 M $231.98 M $440.83 M $5.79 M -$516.00 M $508.12 M $604.38 M
Gross Profit Ratio -1.14 0.35 0.57 0.08 -0.36 0.19 0.46
Research and Development Expenses $64.85 M $82.36 M $52.06 M $21.45 M $168.98 M $189.68 M $99.77 M
General & Administrative Expenses $71.25 M $88.73 M $90.87 M $20.09 M $347.03 M $146.68 M $125.26 M
Selling & Marketing Expenses $8.18 M $9.48 M $15.52 M $3.06 M $21.92 M $38.73 M $20.72 M
Selling, General & Administrative Expenses $79.42 M $98.43 M $106.39 M $23.22 M $369.55 M $185.42 M $145.99 M
Other Expenses $25.83 M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Operating Expenses $170.10 M $145.39 M $125.82 M $39.56 M $505.38 M $262.20 M $209.26 M
Cost And Expenses $622.36 M $569.72 M $456.13 M $102.36 M $2.44 B $2.46 B $912.96 M
Interest Income $956,000.00 $2.39 M $1.17 M $828,757.00 $13.13 M $45.67 M $5.84 M
Interest Expense $0.00 $0.00 $0.00 $549,033.00 $2.86 M $7.71 M $0.00
Depreciation & Amortization $59.64 M $33.94 M $2.18 M $4.79 M $34.16 M $13.14 M $9.08 M
EBITDA -$330.11 M $84.51 M $285.16 M -$34.11 M -$1.02 B $38.73 M $62.81 M
EBITDA Ratio -1.56 0.12 0.37 -0.5 -0.72 0.09 0.31
Operating Income Ratio -1.94 0.07 0.37 -0.57 -0.74 0.09 0.3
Total Other Income/Expenses Net -$54.61 M $46.05 M $33.81 M $5.94 M $904.71 M $9.77 M $345.85 M
Income Before Tax -$465.49 M $88.98 M $316.19 M -$32.95 M -$1.03 B $200.24 M $400.97 M
Income Before Tax Ratio -2.2 0.14 0.41 -0.48 -0.73 0.07 0.31
Income Tax Expense -$51.34 M $18.59 M $7.75 M $0.00 $0.00 $77.81 M $25.15 M
Net Income -$414.15 M $70.40 M $308.44 M -$32.95 M -$1.03 B $122.43 M $375.82 M
Net Income Ratio -1.96 0.11 0.4 -0.48 -0.73 0.05 0.29
EPS -0.1606666666506 0.0273333333306 0.1226666666544 -0.0139999999986 -0.0693333333264 0.0093333333324 0.0293333333304
EPS Diluted -0.1606666666506 0.0273333333306 0.119999999988 -0.0139999999986 -0.0693333333264 0.0086666666658 0.0293333333304
Weighted Average Shares Out $2.58 B $2.58 B $2.58 B $2.35 B $2.15 B $1.98 B $1.97 B
Weighted Average Shares Out Diluted $2.58 B $2.58 B $2.58 B $2.35 B $2.15 B $1.98 B $1.97 B
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