13F Pro Quality Score

64.9/100

Rank #610 of 2,879 stocksTOP 25%

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

94.7/100

Profitability

99.1/100

Balance Sheet

99.6/100

Earnings Quality

30.0/100

Free Cash Flow

5.5/100

Institutional Flow

79.8/100

Revenue Scale

5.2/100

Dilution Risk

82.7/100

BNC Stock Analysis & AI Quality Score

AI stock analysis and institutional research for CEA Industries Inc. (BNC), a Consumer Staples sector company. 13F Pro's AI-powered ranking engine scores BNC at 64.9/100 on a 32-signal composite quality model, placing it at rank #610 of 2,879 stocks — the top 25% of the AI-ranked universe. BNC scores in the top quartile across balance sheet strength (99.6), profitability (99.1), revenue growth (94.7). Areas of concern include revenue scale (5.2) and free cash flow (5.5), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), CEA Industries Inc. reports quarterly revenue of $7.4M, net income of $-56.0M, free cash flow of $5.5M. Top institutional holders of BNC by reported 13-F value include VANGUARD CAPITAL MANAGEMENT, Brevan Howard Capital Management, Saba Capital Management, L.P., based on the most recent SEC filings. BNC trades on the Nasdaq exchange and files with the SEC under CIK 1482541. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BNC daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CEA Industries Inc. directly from SEC EDGAR.

Fun facts about CEA Industries Inc.

Quirks, history, and lore behind BNC — the kind of stuff that makes a stock memorable.

  • 1
    The Basics
    U.S. small-cap industrial company · serves the controlled-environment agriculture sector · listed on Nasdaq · headquartered in Colorado.
  • 2
    The Numbers
    Annual revenue in the low tens of millions of dollars — this is a micro-cap outfit, not a household name, but it's a specialist in a fast-growing niche.
  • 3
    The History
    The company traces its roots to engineering work for greenhouse and indoor growing facilities, pivoting hard as the cannabis cultivation boom created demand for sophisticated climate systems.
  • 4
    The Secret
    It designs and builds HVAC and dehumidification systems purpose-built for indoor farms — because lettuce and cannabis both hate humidity swings.
  • 5
    The Lore
    Its customers include some of the largest cannabis multistate operators in North America, making it a picks-and-shovels play on the legal weed industry without ever touching the plant.
  • 6
    The Giveaway
    Ticker CEAD, formerly known as Surna Inc. — the little Colorado company that built its whole identity around keeping grow rooms at exactly the right temperature.
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Revenue

Q2 2026

$7.4M

Net Income

Q2 2026

$-56.0M

Free Cash Flow

Q2 2026

$5.5M

D/E Ratio

Q2 2026

0.01

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

-49.3% YoY
$6.9MFY 2023
FY18 $9.6MFY19 $15.2MFY21 $13.6MFY23 $6.9M

Net Income

-117.6% YoY
$-2.9MFY 2023
FY18 $-4.7MFY19 $-1.3MFY21 $-1.3MFY23 $-2.9M

Operating Income

-49.3% YoY
$-3.0MFY 2023
FY18 $-4.8MFY19 $-1.3MFY21 $-2.0MFY23 $-3.0M

EPS (Diluted)

$-4.33FY 2023
FY18 FY19 FY21 FY23 $-4.33

Total Assets

+160.7% YoY
$13.8MFY 2023
FY18 $2.8MFY19 $4.0MFY21 $5.3MFY23 $13.8M

Total Debt

FY 2023
FY18 FY19 FY21 FY23

Op. Cash Flow

-91.1% YoY
$-6.1MFY 2023
FY18 $-2.8MFY19 $671.8KFY21 $-3.2MFY23 $-6.1M

AI Insight: BNC Financial Trends

CEA swung from near-zero revenue to $7M run-rate, but Q4 2025's $284M net income spike reversed sharply into $163M cumulative losses in 2026.

Revenue stabilized at $7M/quarter since Q4 2025, up from $0–1M prior year.

Operating cash flow turned negative: $-22M in Q4 2025, $-8M in Q1 2026, $5M in Q2 2026.

Equity collapsed from $485M (Q4 2025) to $305M (Q2 2026) amid $163M net losses in first two quarters of 2026.

Q4 2025 $284M net income appears anomalous; immediate reversal to $-107M (Q1 2026) and $-56M (Q2 2026) suggests one-time gain or accounting event.

Operating margin collapsed: $90M operating income (Q4 2025) to $-164M (Q1 2026) and $-79M (Q2 2026) on flat $7M revenue.

AI Insight: BNC Ratio Trends

CEA Industries swung from severe operating losses through early 2025 to TTM profitability, but latest quarter shows deteriorating ROE and ROA despite minimal leverage.

Operating margin improved from -150.5% in Q1 2025 to -123.2% in Q3 2025, signaling operational recovery.

TTM ROE and ROA both strongly positive at 37.8% and 34.1% respectively, reflecting trailing twelve-month turnaround.

Q2 2026 ROE deteriorated to -73.5% and ROA to -66.3%, reversing the improvement trend seen in TTM.

Sharp disconnect between TTM profitability metrics and Q2 2026 negative returns—suggests recent quarter(s) drove significant losses.

Data gaps across multiple quarters obscure timing and magnitude of operational inflection; seasonal or one-off drivers unclear.

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Available Research

13F Pro tracks comprehensive data for CEA Industries Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

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Is BNC a good stock to buy?

13F Pro's AI-powered analysis of CEA Industries Inc. (BNC) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Staples sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BNC are available on the BNC stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own BNC?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BNC. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of CEA Industries Inc.'s investment landscape.