March 06, 2026
Audited financials for the year ended December 31, 2025:
CAC 2000 Limited (CAC) for the year ended December 31, 2025, reported a 37% decrease in Turnover totaling $753.50 million compared to $1.20 billion in the corresponding period last year. Turnover for the fourth quarter decreased 78% to $97.68 million, compared with $450.06 million in the comparable quarter of 2024.
Cost of Sales amounted to $520.85 million (2024: $777.22 million), representing a 33% year-over-year decrease. Consequently, gross profit decreased by 45% to $232.65 million compared to $425.66 million for the year ended December 31, 2024. The company booked gross profit of $8.92 million for the fourth quarter, compared with $170.39 million in the comparable quarter of 2024.
Selling & Distribution increased by 26% to close at $23.09 million (2024: $18.30 million), while General Administration increased by 11% from $333.83 million in 2024 to $371.59 million in the period under review. As a result, total expenses for the year ended December 31, 2025, amounted to $394.67 million, a 12% increase relative to $352.13 million reported in 2024.
Operating loss for the year ended December 31, 2025, amounted to $141.95 million, a 284% decrease relative to an operating profit of $76.99 million reported in 2024. Operating loss for the fourth quarter amounted to $104.15 million (2024: operating profit of $77.23 million). Net finance cost totalled $58.68 million, a 13% increase from the corresponding period last year. (2024: $51.75 million).
Loss before taxation for the year ended December 31, 2025, amounted to $200.63 million, a 895% decrease relative to profit before taxation of $25.24 million reported in 2024. Loss before taxation for the fourth quarter amounted to $114.43 million (2024: profit before taxation of $63.69 million).
Tax creditfor the year ended December 31, 2025 amounted to $24.43 million (2024: taxation of $2.98 million). Net loss for the year-end amounted to $176.20 million from the net profit of $22.26 million reported in 2024. For the fourth quarter, Net loss was $102.32 million (2024: net profit of $63.99 million).
Consequently, Loss Per Share for the year-end amounted to $1.37 (2024: EPS: $0.17), while Loss Per Share for the quarter totaled $0.79 (2024: EPS: $0.50). The twelve-month trailing LPS was $1.37, and the number of shares used in these calculations was 129,032,258. Notably, CAC’s stock price closed at $2.00 on March 04, 2026.
Balance Sheet Highlights
The company’s assets totalled $1.20 billion (2024: $1.36 billion). Trade and other receivables amounted to $535.27 million (2024: $702.81 million).
Shareholders’ equity was $188.63 million (2024: $364.83 million). This resulted in a book value per share of $1.46 (2024: $2.83).
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