CNNE Q4 2023 Earnings — Cannae Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CNNECannae Holdings, Inc.

$618M

Q4 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$119M-23.4% YoY

Gross Profit

$11M9.4% margin

Operating Income

-$25M-20.7% margin

Net Income

-$65M-54.3% margin

EPS (Diluted)

$-0.83

QoQ Revenue Growth

-16.9%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$5M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$378M

Stockholders' Equity

$2.3B

Cash & Equivalents

$106M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$119M	$156M	-23.4%
Gross Profit	$11M	$9M	+28.7%
Operating Income	-$25M	-$21M	-19.3%
Net Income	-$65M	$28M	-335.6%

Revenue Segments

Restaurant Sales

$111M100%