CRONA CORP. Swings to $82,027 Net Income in Q3 2025 Despite Zero Revenue

CRONA CORP., a Wyoming-incorporated company, posted net income of $82,027 for the quarter ending September 30, 2025, a sharp turnaround from a net loss of $16,151 in the same period a year earlier. The company reported no revenue in either quarter. Read more earnings reports.

Operating expenses for the three-month period more than doubled to $25,775 from $10,414 in Q3 2024. Interest expense climbed to $7,942 from $5,737 year-over-year.

For the nine months ending September 30, 2025, CRONA CORP. reported net income of $9,321, reversing a net loss of $61,096 in the same period of 2024. Operating expenses for the nine-month period surged to $128,800 from $43,962, while the company continued to report zero revenue.

The company's balance sheet shows total assets of $17,179 as of September 30, 2025, down from $39,076 at year-end 2024. Total liabilities declined to $276,877 from $308,595 over the same period. CRONA CORP. reported no cash on hand at the end of the quarter.

Property, plant and equipment stood at $10,926 as of September 30, down from $14,070 at the end of December 2024. The company recorded depreciation and amortization of $7,299 in Q3 2025 compared to $7,372 in the prior-year quarter.

Stockholders' deficit narrowed to $259,698 as of September 30, 2025, from $269,519 at year-end 2024. Retained deficit improved to $298,501 from $307,822 over the same period.

Cash flow from operations was negative $116,381 for the nine months ending September 30, 2025, compared to negative $16,779 in the prior-year period. Cash from financing activities totaled $116,381, offsetting the operational outflow.

Common shares outstanding increased to 7,087,600 as of September 30, 2025, from 6,587,500 at the end of December 2024. The company reported diluted earnings per share of zero for both the three-month and nine-month periods.