Cyngn (CYN) Income from Non-Controlling Interests (2020 - 2023)

Cyngn recorded quarterly Income from Non-Controlling Interests of $6.3 million in Q2 2023, up 10.53% quarter-over-quarter from $5.7 million in Q1 2023, and up 36.96% year-over-year from $4.6 million in Q2 2022.

Cyngn's Income from Non-Controlling Interests history runs 4 years deep, the most recent figure standing at $6.3 million for Q2 2023.

  • In Q2 2023, Income from Non-Controlling Interests rose 36.96% year-over-year to $6.3 million; the TTM figure through Jun 2023 stood at $22.8 million (up 171.43% YoY), while the FY2022 annual figure was $19.2 million, up 146.15% from the prior year.
  • Income from Non-Controlling Interests came in at $6.3 million for Q2 2023 at Cyngn, up from $5.7 million in the prior quarter.
  • In the past five years, Income from Non-Controlling Interests ranged from a high of $14.4 million in Q4 2020 to a low of -$2.1 million in Q3 2021.
  • A 4-year average of $4.0 million and a median of $4.2 million in 2022 frame the typical range for Income from Non-Controlling Interests.
  • Across the five-year window, Income from Non-Controlling Interests tumbled 85.42% in 2021 and soared 352.38% in 2022, its largest moves.
  • Cyngn's Income from Non-Controlling Interests stood at $14.4 million in 2020, then sank by 85.42% to $2.1 million in 2021, then soared by 161.9% to $5.5 million in 2022, then increased by 14.55% to $6.3 million in 2023.
  • According to Business Quant data, Income from Non-Controlling Interests over the past three periods registered $6.3 million, $5.7 million, and $5.5 million for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 16.39 Mn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -
3 Uber Technologies 147.39 Bn 146.35 Bn 11.88 Bn 19.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn -
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn -
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn -
10 Cyngn 6.49 Mn 6.49 Mn 11,950.00 -

Historic Data

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DateValue
Jun 30, 2023 6.30 Mn
Mar 31, 2023 5.70 Mn
Dec 31, 2022 5.50 Mn
Sep 30, 2022 5.30 Mn
Jun 30, 2022 4.60 Mn
Mar 31, 2022 3.80 Mn
Dec 31, 2021 2.10 Mn
Sep 30, 2021 -2.10 Mn
Jun 30, 2021 2.00 Mn
Mar 31, 2021 1.60 Mn
Dec 31, 2020 14.40 Mn
Sep 30, 2020 -1.80 Mn