General Enterprise Ventures, Inc. (CITR) Income Statement
CITR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCITR revenue and net income
Where CITR's revenue goes
2025Each bar shows an amount and its share of revenue. CITR kept −1,546.9% of revenue as net income.
CITR profit margins
CITR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +194.6% | +39.3% | −39.9% | — |
| Gross profit | — | — | −50.4% | — |
| 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.
CITR quarterly EPS vs estimates
General Enterprise Ventures beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 11, 2026 (estimate $-0.18).
CITR income statement
| 2025 | 2024 | 2023 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4M | $808,372 | $520,645 | $880,758 | $34.9M | $30.4M | $21.8M | $18.3M | $9.3M |
| Cost of revenue | $2.2M | $920,195 | $622,386 | $1.0M | $29.0M | $23.8M | $16.8M | $15.1M | $8.3M |
| Gross profit | $201,391 | −$111,823 | −$101,741 | −$167,145 | $5.9M | $6.7M | $5.0M | $3.2M | $919,490 |
| Research & development | $198,505 | $14,000 | — | — | — | — | — | — | — |
| Sales, general & admin | $16.5M | — | $10.1M | — | — | — | — | — | — |
| Total operating expenses | $16.7M | $5.2M | $10.0M | $1.0M | $479,628 | $13.6M | $9.6M | $7.5M | $5.9M |
| Operating income | −$16.5M | −$5.3M | −$10.1M | −$1.2M | −$1.7M | −$6.9M | −$4.6M | −$4.3M | −$4.9M |
| Interest income | $26,935 | — | — | — | — | — | — | — | — |
| Interest expense | $11.5M | $257,782 | $4,328 | $5.3M | $4.0M | $2.5M | $8.9M | $746,108 | $492,319 |
| Income before taxes | −$36.8M | −$6.9M | −$10.1M | −$7.6M | −$7.1M | −$16.1M | −$18.0M | −$4.9M | −$5.5M |
| Net income | −$36.8M | −$6.9M | −$10.1M | −$15.0M | −$7.1M | −$16.1M | −$18.0M | −$4.9M | −$5.5M |
| EBITDA | −$16.2M | −$6.4M | −$9.8M | −$2.1M | −$1.9M | −$12.8M | −$8.6M | −$3.9M | −$4.9M |
| EPS (diluted) | −$3.42 | −$0.78 | −$16.18 | −$6.28 | −$3.38 | −$8.22 | −$68.04 | −$34.58 | — |
| Gross margin | 8.5% | −13.8% | −19.5% | −19.0% | 16.9% | 22.0% | 23.0% | 17.6% | 9.9% |
| Operating margin | −692.7% | −656.2% | −1,939.5% | −133.3% | −4.9% | −22.8% | −21.0% | −23.5% | −53.3% |
| Net margin | −1,546.9% | −851.3% | −1,940.3% | −1,697.7% | −20.5% | −52.8% | −82.6% | −26.7% | −59.8% |
| 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 | $280,666 | $344,915 | $436,175 | $288,212 | $687,638 | $969,382 | $69,643 | $107,042 | $198,669 | $433,018 | $261,985 | $174,710 |
| Cost of revenue | $395,478 | $351,261 | $339,061 | $665,657 | $448,499 | $726,799 | $387,873 | $189,711 | $152,704 | $189,907 | $382,885 | $165,442 |
| Gross profit | −$114,812 | −$6,345 | $97,114 | −$377,445 | $239,139 | $242,583 | −$318,230 | −$82,669 | $45,965 | $243,111 | −$120,900 | $9,268 |
| Research & development | $197,067 | $81,525 | — | — | — | — | $14,000 | — | — | — | — | — |
| Sales, general & admin | — | — | $5.7M | $3.9M | $3.3M | $3.7M | — | — | — | — | — | — |
| Total operating expenses | $3.4M | $4.4M | $5.9M | $3.9M | $3.3M | $3.7M | $881,135 | $478,694 | $953,369 | $2.9M | $246,885 | $9.1M |
| Operating income | −$3.5M | −$4.4M | −$5.8M | −$4.2M | −$3.0M | −$3.5M | −$1.2M | −$561,363 | −$907,404 | −$2.6M | −$367,785 | −$9.1M |
| Interest income | — | — | $18,554 | $4,423 | $3,958 | — | — | — | — | — | — | — |
| Interest expense | $392,932 | $942,118 | $265,075 | $1.3M | $3.3M | $6.6M | $163,022 | $93,875 | — | $885 | $1,809 | $1,760 |
| Income before taxes | −$3.9M | −$6.2M | −$6.1M | −$7.9M | −$11.9M | −$10.9M | −$1.8M | −$655,238 | −$907,404 | −$3.5M | −$369,594 | −$9.1M |
| Net income | −$3.9M | −$6.2M | −$6.1M | −$7.9M | −$11.9M | −$10.9M | −$1.8M | −$655,238 | −$907,404 | −$3.5M | −$369,594 | −$9.1M |
| EBITDA | −$3.4M | −$4.3M | −$5.7M | −$4.1M | −$2.9M | −$3.4M | −$1.6M | −$497,716 | −$844,639 | −$3.5M | −$120,146 | −$9.0M |
| EPS (diluted) | −$0.18 | −$0.33 | −$0.33 | −$0.59 | −$1.14 | −$1.37 | −$0.29 | −$0.11 | −$0.15 | −$0.23 | −$0.02 | −$0.56 |
| Gross margin | −40.9% | −1.8% | 22.3% | −131.0% | 34.8% | 25.0% | −456.9% | −77.2% | 23.1% | 56.1% | −46.1% | 5.3% |
| Operating margin | −1,244.9% | −1,289.3% | −1,325.7% | −1,470.3% | −438.8% | −356.8% | −1,722.2% | −524.4% | −456.7% | −608.9% | −140.4% | −5,198.9% |
| Net margin | −1,390.5% | −1,800.6% | −1,398.8% | −2,751.2% | −1,731.1% | −1,124.8% | −2,583.7% | −612.1% | −456.7% | −812.8% | −141.1% | −5,199.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CITR's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CITR financial results
In fiscal year 2025 (ended December 31, 2025), General Enterprise Ventures reported revenue of $2.4 million, up 194.6% from the year before. It had a net loss of $36.8 million, a net profit margin of −1,546.9%. Diluted earnings per share came to −$3.42. Over five years revenue grew at an average rate of −39.9% a year.
See the CITR stock overview for the latest quote and news, or the CITR chart for price history and technical indicators.
CITR income statement FAQ
What is General Enterprise Ventures's annual revenue?
General Enterprise Ventures reported total revenue of $2.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 194.6% from $0.8 million the previous year.
Is General Enterprise Ventures profitable?
No. General Enterprise Ventures reported a net loss of $36.8 million in fiscal 2025, a net profit margin of −1,546.9%; its operating margin was −692.7%.
What is General Enterprise Ventures's gross margin?
General Enterprise Ventures's gross margin was 8.5% in fiscal 2025: for every $100 of revenue, General Enterprise Ventures kept $8 after the direct cost of its products and services.
How much does General Enterprise Ventures spend on research and development?
General Enterprise Ventures spent $0.2 million on research and development in fiscal 2025, 8.3% of revenue.
How fast is General Enterprise Ventures growing?
Revenue grew −39.9% a year on average over the last five fiscal years, from $30.4 million to $2.4 million.
What are General Enterprise Ventures's earnings per share?
General Enterprise Ventures earned $-3.42 per diluted share in fiscal 2025, compared with $-0.78 a year earlier.
When will General Enterprise Ventures report its next earnings?
General Enterprise Ventures is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does General Enterprise Ventures's fiscal year end?
General Enterprise Ventures's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.