tradmap

CDZI Financials Cadiz Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 97.6% per year over the past 5 years.
  • Operating margin has expanded, at -156.9% in the latest year.

Financial health

  • Total debt ($78M) exceeds cash ($9M); net debt is $70M.
  • Total debt has grown slower than revenue (-0.2% vs 97.6% per year).
  • Operating income covered interest expense -3.0× in the latest year, down from -1.0× 5 years ago.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.

Shareholder returns

  • Dividends have been paid for 5 consecutive years.
Revenue & net income
-$38M -$11M $16M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-7899% -3900% 100% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-872% -361% 149% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$38M -$19M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $78M $155M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$23M $14M $51M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $16M -$34M 31.6% -156.9% -146.8% -24.2% -$27M $78M $9M
2024 $10M -$31M 24.0% -242.0% -91.7% -23.2% -$22M $61M $17M
2023 $2M -$31M -45.0% -1051.7% -78.7% -29.3% -$27M $38M $5M
2022 $2M -$25M -37.7% -1103.4% -72.4% -22.4% -$22M $50M $10M
2021 $564000 -$31M 100.0% -3105.0% -77.0% -27.8% -$38M $50M $11M
2020 $541000 -$38M 0.0% -2172.6% 149.5% -50.9% -$19M $79M $7M
2019 $441000 -$30M 0.0% -2718.6% 36.0% -38.5% -$15M $138M $16M
2018 $440000 -$26M 0.0% -2550.0% 30.5% -37.9% -$14M $155M $13M
2017 $437000 -$34M 0.0% -2892.4% 43.0% -50.9% -$11M $147M $13M
2016 $412000 -$26M 0.0% -2235.4% 48.5% -39.3% — $125M $12M
2015 $304000 -$24M -9.9% -4608.2% 42.5% -43.8% -$13M $116M $3M
2014 $336000 -$19M -6.3% -3083.0% 47.5% -27.7% -$10M $106M $16M
2013 $301000 -$23M -84.4% -4641.9% 62.1% -35.3% -$16M $99M $12M
2012 $362000 -$20M -43.9% -3609.9% 116.7% -38.7% -$15M $63M $2M
2011 $1M -$17M -41.4% -1102.5% -872.4% -29.0% -$12M $52M $11M

Valuation over time

How the market has priced CDZI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 148.1 296.2 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 1.3 2.6 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
Dividend yield %

Frequently asked questions

Is CDZI growing its revenue and profit?

Over the past 5 years, Cadiz Inc's revenue has grown 97.6% per year. These are computed facts, not advice.

How much debt does CDZI have?

As of FY2025, Cadiz Inc reported $78M of total debt against $9M of cash; operating income covered interest expense -3.0×.

What is CDZI's profit margin?

In FY2025, gross margin was 31.6%, operating margin -156.9%, and net margin -209.3%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.