Canaan (CAN) Income from Discontinued Operations (2021 - 2024)
Canaan (CAN) posted quarterly Income from Discontinued Operations of 6710000.0 for Q3 2024, down 67.18% year-over-year from 20443000.0 in Q4 2023, and up 251.31% quarter-over-quarter from 1910000.0 in Q2 2024.
Canaan (CAN) Income from Discontinued Operations (2021 - 2024) Analysis & Trends
Canaan (CAN) has reported Income from Discontinued Operations for 4 consecutive years, with 6710000.0 the latest figure, recorded in Q3 2024.
- In Q3 2024, Income from Discontinued Operations fell 67.18% year-over-year to 6710000.0; the TTM figure through Sep 2024 stood at 52163000.0 (down 2.22% YoY), while the FY2023 annual figure was 23100000.0, down 7.34% from the prior year.
- Income from Discontinued Operations rose to 6710000.0 in Q3 2024 per CAN's latest filing, from 1910000.0 in the prior quarter.
- Across five years, Income from Discontinued Operations topped out at 26380000.0 in Q4 2022 and bottomed at 25427736.19 in Q2 2022.
- Historically, Income from Discontinued Operations has averaged 5185501.7 across 4 years, with a median of 3683000.0 in 2023.
- Annual changes were most pronounced in 2022 — Income from Discontinued Operations surged 172663.66% — and 2024, when it plunged 67.18%.
- Canaan's Income from Discontinued Operations stood at 7782628.44 in 2021, then soared by 438.96% to 26380000.0 in 2022, then declined by 12.43% to 23100000.0 in 2023, then plunged by 70.95% to 6710000.0 in 2024.
- Business Quant data shows CAN's Income from Discontinued Operations at 6710000.0 in Q3 2024, 1910000.0 in Q2 2024, and 23100000.0 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Discontinued) (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn | - |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | - |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | - |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | - |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | - |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | - |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | - |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | - |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | - |
| 10 | Canaan | 1.81 Bn | 1.81 Bn | -22.91 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 6.71 Mn |
| Jun 30, 2024 | 1.91 Mn |
| Dec 31, 2023 | 23.10 Mn |
| Sep 30, 2023 | 20.44 Mn |
| Jun 30, 2023 | 5.46 Mn |
| Dec 31, 2022 | 26.38 Mn |
| Sep 30, 2022 | 1.07 Mn |
| Jun 30, 2022 | -25.43 Mn |
| Dec 31, 2021 | -7.78 Mn |
| Sep 30, 2021 | -618.32 |