CONX Corp.

CNXX Financial Shell Companies

CONX Corp.’s revenue for fiscal 2024 (year ended December 2024) was $2.0 million. In the quarter to September 2025, revenue grew 30.5%, EPS grew 983.5% and free cash flow fell 57.5%, each against the same quarter a year earlier.

5.56 0.00 0.00%
Market cap
$183.5M
P/E
2.7×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 88.96%

Capital & Financial Ratios $m

Market Cap 183.45
Revenue 3.36
Net Income 67.16
Free Cash Flow (4.95)
Net Debt (121.97)
Current Ratio 29.10
Debt/Equity 0.01
P/E ratio 2.69
Fwd P/E —
P/S ratio 31.28 (above 10: high)
P/B ratio 1.91
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth —
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 17.65%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2022 2023 2024 Q'25
Cash 1 0 120 123
Receivables — — 0 0
Inventory — — — —
Other — — — —
1 0 121 124
2022 2023 2024 Q'25
Payables 0 0 1 0
ST’ Debt 0 2 0 —
Other — — — 3
2 4 1 4

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — 0.00%
Earnings — — (48.30%)
Book Value — — 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 1 1 1 — —
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1 0 1 — —
’24 0 0 3 (8) (5)
’23 0 (1) 0 0 (2)
’22 0 0 0 0 (1)
’21 0 0 0 0 0
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1 0 1 — —
’24 0 0 3 (8) (5)
’23 0 (1) 0 0 (2)
’22 0 0 0 0 (1)
’21 0 0 0 0 0
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.14 0.13 1.60 — —
’24 0.13 0.15 (0.18) (0.01) 0.07
’23 (0.04) (0.04) 0.05 (0.23) (0.25)
’22 0.68 0.44 0.22 (1.05) 0.29
’21 0.46 (0.20) 0.32 0.46 1.03
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Trend 2025e 2026e 2027e
Price, $
Price, $ Low — — — — — — — — — 1.00

Analyst estimates 2025–2027

Powerpack
High — — — — — — — — — 11.00
People
People Employees — — — — — 1 1 1 1 13
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.00 0.16
Income, $m
Income, $m Revenue — — — — — — — — — 2
Gross margin, % — — — — — — — — — 100.00
EBT — — — — — 2 19 25 (6) 3
EBT margin, % — — — — — 0.00 0.00 0.00 0.00 134.05
Net income — — 0 — — 2 19 24 (6) 3
Depreciation — — — — — — — — — 1
Per share, $
Per share, $ Revenue — — — — — 0.00 0.00 0.00 0.00 0.10
Earnings — — — — — 0.11 1.03 0.32 (0.26) 0.14
Cash flow — — — — — (0.01) (0.02) (0.01) (0.08) (0.25)
Capex — — — — — 0.00 0.00 0.00 0.00 0.00
Free cash flow — — — — — (0.01) (0.02) (0.01) (0.08) (0.25)
Book value — — — — — (3.79) (2.76) (0.38) (1.68) (0.67)
Shares, m — — — — — 19 19 83 24 20
Valuation, ×
Valuation, × P/E — — — — — — — — — 10.70
P/S — — — — — — — — — 0.00
P/B — — — — — — — — — 0.00
EV/Sales — — — — — — — — — 0.00
EV/FCF — — — — — — — — — 18.47
Cash, $m
Cash, $m Operating cash flow — — — — — 0 0 (1) (2) (5)
Capex — — — — — — — — — —
Free cash flow — — — — — 0 0 (1) (2) (5)
Balance, $m
Balance, $m Working capital — — — — — 1 1 (1) (4) 119
Total debt — — — — — — — 0 2 1
Net debt — — — — — (1) (1) (1) 2 (119)
Shareholders’ equity — — — — — (71) (52) (32) (40) (13)
Returns, %
Returns, % ROA — — — — — 0.56 2.58 5.78 (11.14) 2.43
ROIC — — — — — 0.00 0.00 0.00 0.00 0.00
ROE — — — — — 0.31 (31.49) (57.92) 16.70 (10.07)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2024 · latest quarter Sep 2025

Charts ten years each

CONX Corp. vs peers in Shell Companies (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AIIA AI Infrastructure Acquisition Corp. $200.6M — — — — — — — Compare
FIGX FIGX Capital Acquisition Corp. $200.4M — — — — — — — Compare
CNXX CONX Corp. $183.5M 2.7× — +30.47% (above 0%: growing) n/m −57.54% (below 0%: shrinking) 100.00% (53.20%)
ATMC AlphaTime Acquisition Corp. $182.4M 67.8× — — — — — — Compare
FSNB Fusion Acquisition Corp. II $177.6M 7.9× — — +1,399.24% (above 0%: growing) +88.35% (above 0%: growing) — 0.00% Compare
NWCL Newcleo plc $175.9M — (loss-making) — — n/m −33.33% (below 0%: shrinking) — 0.00% Compare
SCRM Screaming Eagle Acquisition Corp. $174.8M 13.8× — — −35.54% (below 0%: shrinking) −90.38% (below 0%: shrinking) — 0.00% Compare
SVCC Stellar V Capital Corp. $168.4M 13.2× — — −42.68% (below 0%: shrinking) −26.50% (below 0%: shrinking) — 0.00% Compare
NMP NMP Acquisition Corp. $165.8M — — — — — — — Compare
Median of peers $176.7M 13.5× — — −35.54% −29.91% — 0.00%

All 181 Shell Companies stocks →

CONX Corp. (CNXX) key facts

  • CONX Corp. (CNXX) is a Shell Companies company in the Financial sector.
  • CONX Corp.’s revenue for fiscal 2024 (year ended December 2024) was $2.0 million.
  • As of October 14, 2026, CNXX traded at $5.56, a market capitalization of $183.5 million.
  • Return on equity was −10.1% and debt-to-equity 0.01.

Source: company filings (standardised) and stockrow calculations.

CONX Corp. (CNXX) Latest News

stockrow.com/CNXX · Data as of Sep 30, 2025 · For information only; not investment advice. · © 2026 stockrow.com