California Nanotechnologies Corp.
CNO.V is an industrial machinery and equipment company that generates revenue primarily through the sale and service of construction and mining equipment.
Business. CNO.V is an industrial machinery and equipment company operating within the Industrial Goods sector. The firm generates revenue through the sale of products, aligning with standard industry models for capital equipment manufacturers. Specific details regarding operating segments and geographic presence are not disclosed in the available data. The company is primarily listed on the TSX Venture Exchange under the ticker CNO.V.
Analyst recommendations
6 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
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Upcoming catalysts
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressLisa McClain — CNO Financial Group, Inc. Common2025-06-11 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — CNO Financial Group, Inc. Common2025-06-09 · Republican · MI · Purchase · $1,001 - $15,000
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
CNO.V is an industrial machinery and equipment company operating within the Industrial Goods sector. The firm generates revenue through the sale of products, aligning with standard industry models for capital equipment manufacturers. Specific details regarding operating segments and geographic presence are not disclosed in the available data. The company is primarily listed on the TSX Venture Exchange under the ticker CNO.V.
CNO.V's capital structure is characterized by a debt-to-equity ratio of 0.7, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 0.97, suggesting that it has nearly equal current assets and liabilities. The negative net cash position after subtracting total debt raises concerns about short-term liquidity.
Profitability metrics for CNO.V show a return on equity of -6.84% and a return on assets of -2.88%, both of which are below the industry median for industrial machinery and equipment firms. The company reported a net loss of $158,330,000, which contrasts with a gross profit of $4,591,890,000 and operating income of $1,382,060,000. These figures suggest that while the company is generating significant gross profit, it is not translating into net profitability.
CNO.V's revenue is concentrated in the industrial goods sector, with no disclosed geographic diversification in the provided data. The company's exposure to a single business sector increases its vulnerability to sector-specific downturns.
The company's growth trajectory is mixed. While operating cash flow stands at $2,923,880,000, free cash flow is negative at -$1,706,410,000, and capital expenditures are -$2,126,880,000. These figures suggest that the company is investing heavily in its operations, which could support future growth but is currently reducing its free cash flow.
Risk factors for CNO.V include its medium liquidity risk and the potential for dilution, although the latter is currently assessed as low. The company's negative net cash position and reliance on debt financing could pose challenges in maintaining financial flexibility.
Recent events, as reflected in the latest financial data, indicate a net loss despite strong gross profit and operating income. This suggests potential cost overruns or one-time expenses that may have impacted the bottom line.
- CNO.V has a moderate debt-to-equity ratio of 0.7, indicating a balanced capital structure.
- The company's return on equity is -6.84%, which is below the industry median for industrial machinery and equipment firms.
- CNO.V's revenue is concentrated in the industrial goods sector, increasing its exposure to sector-specific risks.
- The company is investing heavily in capital expenditures, which may support future growth but is currently reducing free cash flow.
- CNO.V's liquidity position is assessed as medium, with a current ratio of 0.97 and a negative net cash position after subtracting total debt.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director, Chief Executive Officer · Employee Stock Option (Right to Buy) → Common StockDisposed 44 250 @ $21,06exercise · 2026-06-30
- Chief Marketing Officer · Employee Stock Option (Right to Buy) → Common StockDisposed 5 750 @ $21,06exercise · 2026-06-11
- President, Consumer Division · Employee Stock Option (Right to Buy) → Common StockDisposed 11 060 @ $21,06exercise · 2026-03-20
- President, Consumer Division · Employee Stock Option (Right to Buy) → Common StockDisposed 22 120 @ $21,06exercise · 2026-03-19
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- CNO.V Market data — financials · 2026-05-27
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,08 %$147M
- Investment Managers · as of 2026-03-310,04 %$161M
- Investment Managers · as of 2026-03-310,03 %$61M
- Investment Managers · as of 2026-03-310,03 %$139M
- Investment Managers · as of 2026-03-310,03 %$62M
- Investment Managers · as of 2026-03-310,02 %$24M
- Investment Managers · as of 2024-06-300,01 %$406M
- Investment Managers · as of 2026-03-310,01 %$61M
- Investment Managers · as of 2025-12-310,01 %$495M
- Institutional Investor · as of 2026-03-310,01 %$37M
- Investment Managers · as of 2026-03-310,01 %$44M
- Investment Managers · as of 2026-03-310,01 %$50M
- Investment Managers · as of 2026-03-310,01 %$103M
- Investment Managers · as of 2024-12-310,01 %$22M
- Investment Managers · as of 2026-03-310,01 %$165M
- Institutional Investor · as of 2026-03-310,00 %$19M
- Investment Managers · as of 2026-03-310,00 %$71M
- Funds · as of 2026-03-310,00 %$20M
- Investment Managers · as of 2026-03-310,00 %$8M
- Institutional Investor · as of 2026-03-310,00 %$40M
- Investment Managers · as of 2026-03-310,00 %$3M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$3M
- Brokerage Firms · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$2M
- Brokerage Firms · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Insider activity
- Chief Marketing Officer · Common StockSold 1 891 @ $51,31$97K · 2026-07-01
- Director, Chief Executive Officer · Common StockOther 44 250 @ $21,06$932K · 2026-06-30
- Director, Chief Executive Officer · Common StockSold 41 798 @ $51,48$2,2M · 2026-06-30
- Director, Chief Executive Officer · Common StockSold 44 250 @ $51,48$2,3M · 2026-06-30
- Chief Marketing Officer · Common StockOther 5 750 @ $21,06$121K · 2026-06-11
- Chief Marketing Officer · Common StockSold 5 750 @ $50,00$288K · 2026-06-11
- Chief Marketing Officer · Common StockSold 3 308 @ $49,00$162K · 2026-06-10
- President, Consumer Division · Common StockOther 396 @ $47,12$19K · 2026-06-04
- Chief Marketing Officer · Common StockSold 4 808 @ $47,00$226K · 2026-06-02
- Director · Common StockOther 3 574 @ $46,17$165K · 2026-05-12
- Director · Common StockOther 3 574 @ $46,17$165K · 2026-05-12
- Director · Common StockOther 3 574 @ $46,17$165K · 2026-05-12
- Director · Common StockOther 6 043 @ $46,17$279K · 2026-05-12
- Director · Common StockOther 3 574 @ $46,17$165K · 2026-05-12
- Director · Common StockOther 3 574 @ $46,17$165K · 2026-05-12
- Director · Common StockOther 3 574 @ $46,17$165K · 2026-05-12
- Director · Common StockOther 3 574 @ $46,17$165K · 2026-05-12
- President, Worksite Division · Common StockOther 4 400 · 2026-05-11
- Chief Financial Officer · Common StockOther 13 063 @ $40,61$530K · 2026-03-25
- Chief Accounting Officer · Common StockOther 202 @ $40,61$8K · 2026-03-25
- General Counsel · Common StockOther 7 481 @ $40,61$304K · 2026-03-25
- Chief Actuary · Common StockOther 1 005 @ $40,61$41K · 2026-03-25
- Chief Marketing Officer · Common StockOther 4 141 @ $40,61$168K · 2026-03-25
- Chief Information Officer · Common StockOther 1 953 @ $40,61$79K · 2026-03-25
- Chief Operations Officer · Common StockOther 1 649 @ $40,61$67K · 2026-03-25
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -40.7%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 0.9%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -40.9%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -45.5%Derived (calculated)
- Return on assets (FY 2025-12-31): 0.6%Derived (calculated)
- Return on equity (FY 2025-12-31): 8.7%Derived (calculated)
- Net margin (FY 2025-12-31): 5.1%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 7.6%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 2.3%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 2.5%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 0.4%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 4.9%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 13.70xDerived (calculated)
- Shareholders' equity (annual): USD 2.64BSEC XBRL filing
- Net income (annual): USD 229.3MSEC XBRL filing
- Revenue (annual): USD 4.49BSEC XBRL filing
- Pre-tax income (annual): USD 293.4MSEC XBRL filing
- Shares outstanding (annual): 94.48MSEC XBRL filing
- Total assets (annual): USD 38.79BSEC XBRL filing
- Operating income (annual): USD 553.2MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES 2SEC XBRL filing
- Interest expense (annual): USD 230.9MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 2SEC XBRL filing
- Total liabilities (annual): USD 36.15BSEC XBRL filing