Cardinal Infrastructure Group reported its earnings for the full year ended December 31, 2024. The company posted revenue of USD 44.9 million for the period. Cost of revenue, excluding depreciation, totaled USD 36.6 million. General and administrative expenses were USD 1.0 million, while administrative wages and benefits reached USD 2.5 million. Depreciation expense stood at USD 1.5 million. Income from operations amounted to USD 3.3 million. The company recorded net income of USD 3.1 million for the year. Interest income was USD 2.6 thousand, and interest expense totaled USD 116.1 thousand. Gain on disposal of property and equipment was USD 148.9 thousand. Income tax expense for the period was USD 182.6 thousand.
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