Cardiff Lexington (CDIX)

Cardiff Lexington Corp. is a public holding company, which provides companies the ability to raise money for operations, expansion and an equity exit and liquidity strategy for the owner, heirs, and investors. It operates through the following segments: Mobile Home Lease, Company-Owned Pizza Restaurants (Romeo's NY Pizza), Repicci's Italian Ice, Travel Related Services, Tax Resolution Services and Others. The Mobile Home Lease segment establishes mobile home business as an option for a homeowner wishing to avoid large down payments, expensive maintenance costs, monthly mortgage payments and high property taxes. The Company-owned Pizza Restaurant segment includes sales and operating results for all company-owned restaurants. The Repicci's Group offers franchise stores which specialize in the distribution of nonfat frozen confections. The Travel Related Services segment provides discounted travel packages. The Tax Resolution Services segment provides tax resolution services to individuals and companies that have federal and state tax liabilities. The Others segment consists of nonrecurring items. The company was founded October 14, 1986 and is headquartered in Fort Lauderdale, FL.

Company profile

Ticker

CDIX

Exchange

OTC

Website

www.cardifflexington.com

CEO

Alex H. Cunningham

Incorporated

Location

Fiscal year end

Sector

Industry (SIC)

American Express • Synchrony Financial • General Motors Financial • loanDepot • SoFi • Coinbase Global • Burford Capital Limited • Qudian • LexinFintech • Velocity Financial ...

Former names

CARDIFF INTERNATIONAL INC

SEC CIK

0000811222

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

We Three, LLC • Edge View Properties, Inc • JM Enterprises 1, Inc. • Platinum Tax Defenders, LLC ...

IRS number

841044583

CDIX stock data

1M 1Y 5Y

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

5 Jul 22

16 Aug 22

31 Dec 22

Financial summary

Financial statements Chart CDIX financial data

Quarter (USD)	Sep 21	Jun 21	Mar 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.21M	1.21M	1.21M	1.21M	1.21M	1.21M
Cash burn (monthly)	(no burn)	(no burn)	(no burn)	214.86K	637.62K	238.46K
Cash used (since last report)	n/a	n/a	n/a	2.27M	6.74M	2.52M
Cash remaining	n/a	n/a	n/a	-1.06M	-5.53M	-1.31M
Runway (months of cash)	n/a	n/a	n/a	-4.9	-8.7	-5.5

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2021

CDIX institutional ownership history Ownership history

0.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	1	–
Opened positions	0	1	EXIT
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	6K	6K	–
Total shares	355.65K	355.65K	–
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Adar Alef	355.65K	$6K	0.0%

Largest transactions	Shares	Bought/sold	Change
Adar Alef	355.65K	0	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Revenues. We had revenues in the amount of $3,453,058 and $3,707,360 for the years ended December 31, 2020 and 2019, respectively. The decrease in revenue was primarily due to the disposition of our food services sector businesses mid-year and the effect of the COVID 19 Pandemic to ongoing operations. We expect revenue to increase during 2021, as our financial services sector holdings rebound from the Covid-19 Pandemic. Further, we continue our e continuous effort for new acquisitions.
Cost of Goods Sold. We had costs of sales in the amount of $1,668,146 and $1,665,486 for the years ended December 31, 2020 and 2019, respectively. The increase in cost of sales was primarily due to our Tax Service businesses which incurred increasing labor costs.
Operating Expenses. Operating expenses consist of depreciation, impairments, and general and administrative expenses. We had operating expenses of $3,589,063 and $3,313,142 for the years ended December 31, 2020 and 2019, respectively. The decrease is primarily due to reduced selling and administrative expenses as a result of closures due to the COVID-19 Pandemic.