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CRNC Net Income

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The latest data point for CRNC's net income in Q1'26 shows a loss of $5.24M USD, marking a modest quarterly decline from the $2.17M USD profit recorded in Q2'25, though it represents an improvement over the deeper losses in prior periods like Q3'24's -$313.54M USD. This figure covers the fiscal period ending December 31, 2025, within a quarterly timeframe spanning from Q2'23 to Q1'26. Over the analyzed period from Q2'23 to Q1'26, net income exhibited significant volatility with an overall trend of persistent losses, starting with a -$26.09M USD deficit in Q2'23 that narrowed to -$11.55M USD by Q4'23 before swinging to a $23.86M USD profit in Q1'24. However, sharp declines followed, peaking at a massive -$313.54M USD loss in Q3'24, with intermittent recoveries such as the Q2'25 profit, but reverting to losses thereafter; year-over-year changes were mixed, with positive growth in early quarters like Q1'24's 12.06% but negative shifts in Q2'24 (-9.65%) and Q3'24 (-18.05%), stabilizing somewhat in later periods around 0.78% in Q1'26, underscoring ongoing operational challenges for the company.