Change Agents Corporation (CHGA) Income Statement
CHGA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCHGA revenue and net income
CHGA profit margins
CHGA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CHGA quarterly EPS vs estimates
Next report: November 13, 2026.
CHGA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $1.3M | $1.2M | $1.3M |
| Cost of revenue | — | $123,164 | $1.0M | $929,441 | $0 |
| Gross profit | — | −$846,588 | $238,188 | $272,728 | $1.3M |
| Research & development | — | — | $109,618 | $731,328 | $1.0M |
| Sales, general & admin | $7.1M | $4.0M | $7.4M | $7.0M | $9.2M |
| Total operating expenses | $7.6M | $4.0M | $7.4M | $7.7M | $10.2M |
| Operating income | −$7.6M | −$4.8M | −$7.2M | −$7.4M | −$8.8M |
| Interest expense | $1.5M | $1.7M | $1.4M | $3.6M | $200,477 |
| Income before taxes | −$17.5M | −$7.0M | −$16.7M | −$11.9M | −$9.1M |
| Net income | −$18.3M | −$7.9M | −$16.7M | −$11.9M | −$9.1M |
| EBITDA | −$15.9M | −$3.9M | −$15.0M | −$7.9M | — |
| EPS (diluted) | −$156.71 | −$678.93 | −$468.29 | −$378.81 | −$321.35 |
| Gross margin | — | — | 19.0% | 22.7% | 100.0% |
| Operating margin | — | — | −572.0% | −619.1% | −663.9% |
| Net margin | — | — | −1,330.5% | −992.4% | −683.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $350,099 | $350,406 | $392,677 | $345,769 | $0 | $0 | $422,057 | $0 | $685,790 |
| Cost of revenue | $582,037 | — | $350,099 | $234,366 | $251,077 | $280,390 | $271,432 | $102,750 | $1,450 | $0 | $8.6M | $0 |
| Gross profit | −$582,037 | — | −$350,099 | $115,733 | $99,329 | $392,677 | $74,337 | −$102,750 | −$1,450 | $422,057 | −$8.6M | $685,790 |
| Research & development | — | — | — | — | — | — | — | — | — | — | $542 | — |
| Sales, general & admin | $1.5M | $2.2M | $1.3M | $1.8M | $2.3M | $2.2M | $853,561 | $921,683 | $1.2M | $1.0M | $934,904 | $1.5M |
| Total operating expenses | $1.5M | $2.7M | $1.5M | $1.8M | $2.3M | $2.2M | $1.2M | $1.2M | $1.5M | $1.3M | $1.2M | $1.8M |
| Operating income | −$2.1M | −$2.7M | −$1.8M | −$1.7M | −$2.2M | −$1.8M | −$1.1M | −$1.3M | −$1.5M | −$843,062 | −$9.8M | −$1.1M |
| Interest expense | $243,087 | $271,446 | $428,396 | $267,408 | $1.1M | $365,711 | — | $547,245 | $807,861 | $519,007 | $510,005 | $438,992 |
| Income before taxes | −$2.2M | −$4.4M | −$1.3M | −$254,268 | −$13.5M | −$2.3M | −$2.7M | −$1.7M | −$2.1M | −$1.4M | −$9.6M | −$1.5M |
| Net income | −$2.2M | −$4.5M | −$2.1M | −$254,268 | −$13.5M | −$2.5M | −$2.7M | −$1.7M | −$2.1M | −$1.4M | −$9.6M | −$1.5M |
| EBITDA | −$1.5M | −$3.5M | −$1.8M | $72,602 | −$12.3M | −$2.2M | −$1.1M | — | — | — | — | — |
| EPS (diluted) | −$0.14 | −$9.99 | −$0.43 | −$1.25 | −$124.48 | −$30.56 | −$39.78 | −$544.94 | −$57.01 | −$37.20 | −$269.18 | −$41.27 |
| Gross margin | — | — | — | 33.1% | 28.3% | 100.0% | 21.5% | — | — | 100.0% | — | 100.0% |
| Operating margin | — | — | — | −493.1% | −638.7% | −454.7% | −327.8% | — | — | −199.8% | — | −166.4% |
| Net margin | — | — | — | −72.6% | −3,840.9% | −632.1% | −788.0% | — | — | −324.0% | — | −216.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CHGA's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CHGA financial results
Change Agents reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $18.3 million. Diluted earnings per share came to −$156.71.
See the CHGA stock overview for the latest quote and news, or the CHGA chart for price history and technical indicators.
CHGA income statement FAQ
Does Change Agents have revenue?
Change Agents reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Change Agents profitable?
No. Change Agents reported a net loss of $18.3 million in fiscal 2025.
What are Change Agents's earnings per share?
Change Agents earned $-156.71 per diluted share in fiscal 2025, compared with $-678.93 a year earlier.
When will Change Agents report its next earnings?
Change Agents is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Change Agents's fiscal year end?
Change Agents's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.