A company still losing money with shrinking sales. Institutions are adding.
Going well
Buying back shares: share count down 27% in 3 years
Little debt
Watch out for
Sales down 12% in the latest quarter vs a year ago
Losing money
Money moves
No insider buying or selling in the last 30 days
Institutions added 4.1% to their holdings in the quarter ending June 2026 (91 bought, 71 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$1.69-5.6% that day
Company value
$263M
Share price times all shares
Price vs sales
0.09x
No profit over the last year, so this compares value with sales instead
Cash vs value
87%
A big cushion: cash is a large part of what the company is worth
Debt vs value
8%
Debt as a share of company value
From CNDT's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$531.0M-12% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $2.8B, down 5.7% from the 12 months before. Over 5 years, sales shrank about 6.1% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of CNDT. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$2.0B
Profit in 5 years$205M
Price these guesses point to$25.53+1411% vs $1.69 todayAbout +72% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales could shrink about 45% a year for 5 years and still match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
2/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-22.3%
PassDebt under half of equityNot relying on borrowed money.0.03x equity
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-5.6%
MissProfitable every yearSteady profits, not one good year.2 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$132.0M
PassShare count not growingNot diluting owners. Falling means buybacks.-26.6% in 3 years
Revenue
$3.0B
-9.4% vs prior year
5-year growth
-6.1%/yr
revenue, per year
Total debt
$22.0M
0.03x equity
Current ratio
1.65x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 10
Revenue
$531.0M
-11.9% YoY
EPS
-$0.76
vs -$0.26
Gross margin
18.1%
-0.8 pts
Free cash flow
-$2.0M
Share count
-3.6%
vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
46/ 100
This week
1
Normal week
1.1
vs normal
0.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+4.1%
Institutions added 4.1% to their holdings. 91 bought, 71 sold. 2 quarters of net buying in a row.
Shares held by institutions114.5M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
-10.6%
Cash runwayAt last year's cash burn
37 months
Debt to equityLatest balance sheet: debt compared with what owners have