10-Q · May 14, 2026
Cenntro Inc. reported a revenue of $4.96 million for Q4 2026, signifying a decline compared to prior periods. The gross margin increased to 19.6% from 15.0% a year ago, but the company recorded a significant loss with…
Earnings analysis · 10-Q
CENN earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
The 10-Q does not include sufficient reported income-statement, balance-sheet, or cash-flow figures in the supplied filing text to assess quarterly operating trends or segment performance. The $3,930,000 private…
Read full summary
The 10-Q does not include sufficient reported income-statement, balance-sheet, or cash-flow figures in the supplied filing text to assess quarterly operating trends or segment performance. The $3,930,000 private placement and restored Nasdaq compliance are positives, but they are outweighed by unresolved material weaknesses as of June 30, 2026, substantial authorized-share expansion, and multiple pending legal matters with claims ranging from $148,413.12 to $4,400,000 and $1,767,516.91. No quantitative financial guidance was provided.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
-
Nasdaq bid-price compliance restored
Cenntro regained compliance with Nasdaq’s $1.00 minimum bid-price requirement on April 27, 2026, and Nasdaq stated that the matter was closed.
-
$3.93 million private placement
The June 2, 2026 private placement issued 1,000,000 common shares at $3.93 per share for gross proceeds of approximately $3,930,000, providing additional liquidity.
-
No insider trading arrangements reported
The Company reported that no Rule 10b5-1 or non-Rule 10b5-1(c) trading arrangements were adopted, modified, or terminated during the quarter ended June 30, 2026.
What to watch
-
Unresolved material weaknesses
Management concluded disclosure controls were not effective as of June 30, 2026 because previously identified material weaknesses remained unresolved. The Company warned that misstatements could go undetected and require a restatement.
-
Significant authorized-share expansion
Authorized common shares increased from 16,666,667 to 3,000,000,000, while authorized preferred shares increased from 1,666,667 to 100,000,000, creating substantial potential dilution.
-
Multiple material legal exposures
MHP filed a summary-judgment motion on July 17, 2026 seeking $1,767,516.91, while the Company also disclosed other material claims, including a lease-damages claim of no lower than $4,400,000 and a $148,413.12 past-due-rent claim.
Management's outlook
No quantitative revenue or EPS outlook was provided in the 10-Q; numeric guidance is not disclosed.
Earlier filings 4
10-K · April 15, 2026
Cenntro describes an asset-light, distributed manufacturing strategy focused on six commercial EV platforms (Metro, Logistar, iChassis, Avantier, Teemak, Bison/Antric) and early vertical integration into battery packs…
10-Q · August 13, 2024
Cenntro reported revenue of $8.32M for Q2 2024 and $11.71M for the six months ended June 30, 2024, up materially vs. the year-ago periods ($4.24M Q2 2023; $7.71M H1 2023). Gross profit remained positive ($1.22M in Q2;…
10-K · April 1, 2024
Cenntro is an emerging electric commercial vehicle designer and distributor that reports audited financials for years ended December 31, 2023 and 2022. The company highlights an asset-light, distributed manufacturing…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.