A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
CEA Industries Inc.
BNC
$228M
Mkt Cap
$4.99
+12.64%
Item 1. Business CEA Industries, through our subsidiary, Surna Cultivation Technologies LLC, has been focused on selling environmental control and other technologies and services to the Controlled Environment Agriculture (“CEA”) industry. The CEA industry aims to optimize the use of horticultural resources such as water, energy, space, capital, and labor, to create an agriculture business that is more efficient and more productive than those that use traditional farming methods. Typically, the CEA industry has been focused on indoor agriculture and vertical farming. Headquartered in Colorado, we aim to provide customers with a variety of value-added technology solutions that help improve their overall crop quality and yield, optimize energy and water efficiency, and satisfy the evolving state and local codes, permitting and regulatory requirements.
| Metric | TTM | FY2026 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | - | 2.8M | 6.9M | 11M | 14M |
| Net Income | 115M | 115M | - | - | -6.0M | -3.7M |
| EPS | $2.52 | $2.52 | $-0.08 | $-0.80 | $-0.16 | $-13.38 |
| Free Cash Flow | 27M | 27M | -3.1M | -6.1M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 1.8M | 7.9M | 7.6M | 7.2M | 9.6M | 15M | 8.5M | 14M | 11M | 6.9M | 2.8M | N/A | 0 |
| Gross Margin | 16.5% | 12.0% | 30.4% | 26.5% | 25.6% | 29.9% | 18.2% | 21.5% | 10.1% | 7.8% | -7.8% | N/A | N/A |
| R&D | 319K | 708K | 349K | 320K | 32K | 521K | 390K | 470K | 320K | 76K | N/A | N/A | N/A |
| SG&A | 2.9M | 3.0M | 2.2M | 5.2M | 6.0M | 4.7M | 3.1M | 3.7M | 4.8M | 3.1M | 2.9M | 26M | 26M |
| EBIT | -3.2M | -3.1M | -533K | -4.2M | -4.8M | -1.3M | -2.4M | -2.0M | -5.7M | -3.0M | -3.2M | -160M | -160M |
| Op. Margin | -173.6% | -39.6% | -7.0% | -58.8% | -50.3% | -8.6% | -27.7% | -14.5% | -50.7% | -42.7% | -113.1% | N/A | 0.0% |
| Net Income | -3.0M | -5.3M | -3.3M | -4.9M | -4.7M | -1.3M | -1.8M | -3.7M | -6.0M | N/A | N/A | 115M | 115M |
| Net Margin | -162.7% | -67.3% | -43.2% | -68.2% | -49.5% | -8.8% | -20.7% | -27.0% | -52.9% | N/A | N/A | N/A | 0.0% |
| Non-Recurring | 0 | 0 | 0 | 0 | -19K | 109K | 18K | -66K | 16K | 122K | 14K | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | -108.6% | -79.3% | -19.9% | -69.4% | N/M | -25.6% | -38.8% | -29.6% | -21.5% | N/A | N/A | 73.3% | -52.5% |
| ROE | 169.9% | 283.9% | 132.0% | -348.2% | -2441.0% | N/A | 208.2% | 150.4% | -105.5% | N/A | N/A | 73.7% | 37.8% |
| ROA | -257.3% | -195.3% | -125.4% | -141.6% | -125.1% | -39.4% | -39.7% | -73.1% | -45.4% | N/A | N/A | 66.4% | 34.1% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -2.0M | -1.7M | 103K | -2.3M | -2.8M | 672K | 818K | -3.2M | -3.2M | -6.1M | -3.1M | 27M | 27M |
| Free Cash Flow | -2.1M | -1.7M | 85K | -2.5M | -3.1M | 669K | 809K | -3.3M | -3.2M | -6.1M | -3.1M | 27M | 27M |
| Owner Earnings | -3.4M | -1.9M | 46K | -4.5M | -5.0M | -278K | 421K | -3.6M | -3.5M | -6.3M | -3.2M | 26M | 26M |
| CapEx | 115K | 62K | 18K | 184K | 261K | 3K | 9K | 69K | 30K | 0 | 0 | 9K | 9K |
| Maint. CapEx | 29K | 68K | 53K | 45K | 164K | 161K | 120K | 65K | 32K | 30K | 20K | 870K | 870K |
| Growth CapEx | 87K | 0 | 0 | 139K | 98K | 0 | 0 | 3K | 0 | N/A | N/A | 0 | 0 |
| D&A | 29K | 68K | 53K | 45K | 164K | 161K | 120K | 65K | 32K | 30K | 20K | 870K | 870K |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36K | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 400K | 0 | 0 | 0 | 0 | 0 | 0 | 17M | 17M |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 7.4% |
| Stock-Based Comp | 1.4M | 127K | 4K | 2.1M | 2.0M | 789K | 277K | 369K | 308K | 188K | 82K | 77K | 77K |
| Debt Repayment | 4K | 145K | 34K | 270K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | 240K | 195K | 476K | -2.0M | N/A | -300K | -1.3M | -1.1M | -18M | -12M | -9.2M | -142K | -142K |
| Cash & Equiv. | 690K | 331K | 320K | 2.5M | 253K | 922K | 2.3M | 2.2M | 19M | 13M | 9.5M | 3.1M | 3.1M |
| Long-Term Debt | 920K | 524K | 34K | 500K | N/A | N/A | 554K | 514K | N/A | N/A | N/A | 1.8M | 1.8M |
| Debt/Equity | -1.05 | -0.18 | -0.38 | 0.35 | 13.17 | -1.75 | -0.74 | -0.31 | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 |
| Interest Coverage | -8.9 | -3.6 | -1.4 | -102.2 | -1657.7 | N/A | -135.5 | -698.6 | -162.1 | -87.3 | -121.3 | -34.4 | -34.4 |
| Equity | -884K | -2.8M | -2.1M | 1.4M | 194K | -356K | -1.3M | -3.6M | 15M | 12M | 9.2M | 305M | 305M |
| Total Assets | 2.3M | 3.1M | 2.1M | 4.8M | 2.8M | 4.0M | 4.8M | 5.3M | 21M | 14M | 10M | 338M | 338M |
| Total Liabilities | 3.2M | 6.0M | 4.2M | 3.4M | 2.6M | 4.4M | 6.1M | 4.9M | 6.1M | 1.5M | 1.2M | 33M | 33M |
| Intangibles | 21K | 16K | 36K | 38K | 23K | 12K | 7K | 2K | 2K | 2K | 2K | 4.8M | 4.8M |
| Retained Earnings | -5.8M | -11M | -14M | -19M | -24M | -26M | -27M | -29M | -34M | -37M | -40M | 73M | 73M |
| Working Capital | -779K | -3.0M | -2.9M | 308K | -1.0M | -1.4M | -2.2M | -415K | 15M | 12M | 9.1M | 1.6M | 1.6M |
| Current Assets | 1.5M | 2.3M | 1.4M | 3.7M | 1.5M | 2.6M | 3.7M | 4.0M | 20M | 13M | 10M | 10M | 10M |
| Current Liabilities | 2.3M | 5.3M | 4.2M | 3.4M | 2.6M | 4.0M | 5.9M | 4.4M | 5.8M | 1.3M | 1.0M | 8.6M | 8.6M |
| Per Share Data | |||||||||||||
| EPS | -0.17 | -0.23 | -0.11 | -0.17 | -0.13 | -0.06 | -6.43 | -13.38 | -0.16 | -0.80 | -0.08 | 2.52 | 2.52 |
| Owner EPS | -0.19 | -0.08 | 0.00 | -0.16 | -0.13 | -0.01 | 1.54 | -13.21 | -0.09 | -1.75 | -0.07 | 0.56 | 0.56 |
| Book Value | -0.05 | -0.12 | -0.07 | 0.05 | 0.01 | -0.02 | -4.88 | -12.95 | 0.39 | 3.37 | 0.21 | 6.66 | 6.66 |
| Cash Flow/Share | -0.11 | -0.07 | 0.00 | -0.08 | -0.08 | 0.03 | 2.99 | -11.63 | -0.08 | -1.69 | -0.07 | 0.58 | 2.54 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 | N/A | N/A | N/A | 0.00 |
| Shares Out. | 17.4M | 23.1M | 28.5M | 28.6M | 37.6M | 23.3M | 0.3M | 0.3M | 38.4M | 3.6M | 42.8M | 45.7M | 45.7M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2.0 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8.6 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.7 |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11.7% |
| Market Cap | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 228M |
| Avg. Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.99 |
| Year-End Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.99 |
CEA Industries Inc. passes 2 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average ROIC is 7.4% with a gross margin of 7.9%. Total shareholder yield (buybacks) is 7.4%.
CEA Industries Inc. (BNC) has a current P/E ratio of 2.0.
CEA Industries Inc. (BNC) has a 5-year average return on invested capital (ROIC) of 7.4%. This is below average and may indicate limited pricing power.
CEA Industries Inc. (BNC) has a market capitalization of $228M. It is classified as a small-cap stock.
CEA Industries Inc. (BNC) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 7.43%.
CEA Industries Inc. (BNC) operates in the Agricultural Services industry, within the Consumer Defensive sector.
CEA Industries Inc. (BNC) generated $27 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
CEA Industries Inc. (BNC) has a debt-to-equity ratio of 0.01. This indicates a conservatively financed balance sheet.
| -3.2M |
| -3.3M |
| ROIC | -52.5% | 73.3% | - | - | -21.5% | -29.6% |
|---|
| Gross Margin | - | - | -7.8% | 7.8% | 10.1% | 21.5% |
|---|
| Debt/Equity | 0.01 | 0.01 | 0.03 | 0.03 | 0.03 | -0.31 |
|---|
| Dividends/Share | $0.00 | - | - | - | $0.00 | - |
|---|
| Operating Income | -160M | -160M | -3.2M | -3.0M | -5.7M | -2.0M |
|---|
| Operating Margin | 0.0% | - | -113.1% | -42.7% | -50.7% | -14.5% |
|---|
| ROE | 37.8% | 73.7% | - | - | -105.5% | 150.4% |
|---|
| Shares Outstanding | 46M | 46M | 43M | 4M | 38M | 0M |
|---|
CEA Industries Inc. (BNC) reported earnings per share (EPS) of $2.52 in its most recent fiscal year.
CEA Industries Inc. (BNC) has a return on equity (ROE) of 73.7%. This indicates the company generates strong returns for shareholders.
CEA Industries Inc. (BNC) has a 5-year average gross margin of 7.9%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 15 years of financial data for CEA Industries Inc. (BNC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
CEA Industries Inc. (BNC) has a book value per share of $6.66, based on its most recent annual SEC filing.