Carnegie Development(OTC) CDJM

Carnegie Development, Inc. specializes in acquiring land parcels for real estate development projects. Formerly known as Escue Energy, Inc., the company rebranded in July 2019 and is headquartered in Reno, Nevada.

Products and Services

• Acquisition of land for development projects
• Real estate project management
• Consultation services in real estate development

Growth Outlook

• Recent quarterly revenue of $45,000 indicates stable income generation
• Current ratio of 2.56 suggests strong liquidity position
• Market capitalization of $5,097 reflects potential for growth

Financial Highlights

• Net income of $39,387 in Q3 2022 shows profitability
• Trailing twelve months (TTM) gross profit margin stands at 100%
• Debt ratio of 0.30 indicates manageable leverage

Carnegie Development, Inc. operates in the real estate development sector, focusing on land acquisition and project management. The company has demonstrated a consistent revenue stream, with recent quarterly figures showing a stable income of $45,000. The current ratio of 2.56 indicates a strong liquidity position, allowing for flexibility in operations and potential investments. Financially, the company reported a net income of $39,387 in the third quarter of 2022, highlighting its ability to generate profit. The gross profit margin of 100% over the trailing twelve months underscores the efficiency of its operations. Additionally, a debt ratio of 0.30 suggests that the company maintains a manageable level of leverage, which is crucial for long-term sustainability and growth. Overall, Carnegie Development, Inc. presents a compelling opportunity for investors interested in the real estate development sector, backed by solid financial performance and a strategic focus on land acquisition.