Aldel Finl Ii Inc Financials

ALDF

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

This page shows Aldel Finl Ii Inc (ALDF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ALDF FY2025 2026-07-21

Balance-sheet movements, not an operating revenue engine, drove FY2025 results while the company remained almost entirely liability-funded.

The key clue is the split between net income of $9.2M and an operating loss of -$654K: reported profit did not come from core operations, yet it still translated into $9.4M of operating cash flow. That combination suggests FY2025 earnings were unusual in source, but not merely paper gains.

With $243.7M of assets against $243.1M of liabilities, only about 0.3% of the asset base was funded by equity. That leaves the company extremely thinly capitalized, so even small asset or liability remeasurements can have an outsized effect on book value and return metrics.

Cash of $542K and total current assets of $680K were tiny beside the full balance sheet, meaning most resources sat outside near-term operating liquidity. In practice, the statements read less like a conventional sales business and more like a capital pool whose economics depend on balance-sheet changes.

Financial Health Signals

Financial health score pending refresh

We are recalculating Aldel Finl Ii Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Earnings Quality Cash-Backed

1.02x

For every $1 of reported earnings, Aldel Finl Ii Inc generates $1.02 in operating cash flow ($9.4M OCF vs $9.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

$9.2M

Aldel Finl Ii Inc reported $9.2M in net income in fiscal year 2025.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$542K

Aldel Finl Ii Inc held $542K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

1416.0%

Aldel Finl Ii Inc's ROE was 1416.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

ALDF Income Statement

Metric	FY25
Revenue	N/A
Cost of Revenue	N/A
Gross Profit	N/A
R&D Expenses	N/A
SG&A Expenses	$654K
Operating Income	-$654K
Interest Expense	N/A
Income Tax	N/A
Net Income	$9.2M
EPS (Diluted)	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$116K-47.3%	$220K	N/A	$120K+13.3%	$106K-35.7%	$165K	N/A	$9K
Operating Income	-$116K+47.3%	-$220K	N/A	-$120K-13.3%	-$106K+35.7%	-$165K	N/A	-$9K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0
Net Income	$2.1M+10.6%	$1.9M	N/A	$2.5M+2.5%	$2.4M+6.2%	$2.3M+19.0%	$1.9M+21319.7%	-$9K
EPS (Diluted)	N/A	$0.06	N/A	N/A	N/A	N/A	N/A	$-0.00

ALDF Balance Sheet

Metric	FY25
Total Assets	$243.7M
Current Assets	$680K
Cash & Equivalents	$542K
Inventory	N/A
Accounts Receivable	N/A
Goodwill	N/A
Total Liabilities	$243.1M
Current Liabilities	$28K
Long-Term Debt	N/A
Total Equity	$652K
Retained Earnings	$651K

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$247.7M+0.9%	$245.6M+0.8%	$243.7M+0.9%	$241.6M+1.0%	$239.1M+1.0%	$236.7M+1.0%	$234.5M+86878.0%	$270K
Current Assets	$336K-27.0%	$460K-32.3%	$680K-26.7%	$928K-10.3%	$1.0M-10.3%	$1.2M-13.1%	$1.3M+392.2%	$270K
Cash & Equivalents	$283K-22.4%	$365K-32.7%	$542K-27.4%	$746K-7.8%	$809K-7.9%	$879K-12.4%	$1.0M+824.3%	$109K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$247.4M+0.9%	$245.2M+0.9%	$243.1M+1.0%	$240.7M+1.1%	$238.1M+1.1%	$235.6M+1.0%	$233.2M+92489.1%	$252K
Current Liabilities	$20K	N/A	$28K	N/A	N/A	N/A	N/A	$252K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$316K-26.8%	$432K-33.7%	$652K-28.7%	$914K-11.6%	$1.0M-9.3%	$1.1M-12.6%	$1.3M+7253.3%	$18K
Retained Earnings	$315K-26.8%	$431K-33.8%	$651K-28.8%	$914K-11.6%	$1.0M-9.3%	$1.1M-12.6%	$1.3M+14724.7%	-$9K

ALDF Cash Flow Statement

Metric	FY25
Operating Cash Flow	$9.4M
Capital Expenditures	N/A
Free Cash Flow	N/A
Investing Cash Flow	-$9.9M
Financing Cash Flow	N/A
Dividends Paid	N/A
Share Buybacks	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$2.1M+10.0%	$1.9M-11.0%	$2.2M-12.6%	$2.5M+3.4%	$2.4M+5.9%	$2.3M+36.5%	$1.7M+1842.3%	-$96K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$2.2M-4.7%	-$2.1M+11.3%	-$2.4M+6.8%	-$2.6M-3.0%	-$2.5M-3.3%	-$2.4M	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$232.4M+113257.5%	$205K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

ALDF Financial Ratios

Metric	FY25
Gross Margin	N/A
Operating Margin	N/A
Net Margin	N/A
Return on Equity	1416.0%
Return on Assets	3.8%
Current Ratio	24.15
Debt-to-Equity	373.08
FCF Margin	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	667.5%+225.9pp	441.6%	N/A	268.1%+37.0pp	231.1%+33.6pp	197.5%+52.4pp	145.0%+195.3pp	-50.2%
Return on Assets	0.9%+0.1pp	0.8%	N/A	1.0%0.0pp	1.0%+0.1pp	0.9%+0.1pp	0.8%+4.1pp	-3.3%
Current Ratio	16.76	N/A	24.15	N/A	N/A	N/A	N/A	1.07
Debt-to-Equity	782.71+214.9	567.79+194.7	373.08+109.8	263.24+33.0	230.19+23.6	206.62+27.9	178.68+164.5	14.19
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

Is Aldel Finl Ii Inc profitable?

Yes, Aldel Finl Ii Inc (ALDF) reported a net income of $9.2M in fiscal year 2025.

What is Aldel Finl Ii Inc's return on equity (ROE)?

Aldel Finl Ii Inc (ALDF) has a return on equity of 1416.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Aldel Finl Ii Inc's operating cash flow?

Aldel Finl Ii Inc (ALDF) generated $9.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Aldel Finl Ii Inc's total assets?

Aldel Finl Ii Inc (ALDF) had $243.7M in total assets as of fiscal year 2025, including both current and long-term assets.

What is Aldel Finl Ii Inc's current ratio?

Aldel Finl Ii Inc (ALDF) had a current ratio of 24.15 as of fiscal year 2025, which is generally considered healthy.

What is Aldel Finl Ii Inc's debt-to-equity ratio?

Aldel Finl Ii Inc (ALDF) had a debt-to-equity ratio of 373.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Aldel Finl Ii Inc's return on assets (ROA)?

Aldel Finl Ii Inc (ALDF) had a return on assets of 3.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Are Aldel Finl Ii Inc's earnings high quality?

Aldel Finl Ii Inc (ALDF) has an earnings quality ratio of 1.02x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.