Alussa Energy Acquisition II (ALUB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ALUB SEC filings page.
This page shows Alussa Energy Acquisition Corp. II (ALUB) 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).
The 2025 statements show a transaction vehicle funded by liabilities and financing flows, not a conventional revenue-generating operating business.
Its negative equity follows from$308M of liabilities against$290M of assets, with liabilities at106.0% of assets; that structure matters more than conventional profitability metrics here. The cash-flow pattern pairs$288M of investing outflow with$289M of financing inflow, indicating transaction-scale capital movement rather than recurring operating cash generation.
Operating cash flow was a modest outflow of
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
We do not publish a peer-relative financial health score for Alussa Energy Acquisition Corp. II, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
Alussa Energy Acquisition Corp. II reported $2.2M in net income in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 1.9%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Alussa Energy Acquisition Corp. II held $605K in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
ALUB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|
| SG&A Expenses | $363K+25351.5% | $290K+55088.2% | $202K | $16K | $1K | $525 | N/A |
| Operating Income | -$363Kn/m | -$290Kn/m | N/A | N/A | -$1K | -$525 | N/A |
| Net Income | $2.2Mn/m | $2.2Mn/m | -$7.4M | -$16K | -$1K | -$525 | N/A |
| EPS (Basic) | N/A | N/A | N/A | $0.00 | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | $0.00 | N/A | N/A | N/A |
| Diluted Shares (Avg) | N/A | N/A | N/A | 6M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax.
ALUB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $294.8M | $292.4M | $290.2M+46510.0% | $1.5M | N/A | N/A | $623K |
| Current Assets | $717K | $898K | $1.2M+29516.8% | $1K | N/A | N/A | $4K |
| Cash & Equivalents | $605K+116200.8% | $824K+158446.5% | $1.2M+27593.0% | $520 | $520 | $520 | $4K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 | $0 |
| Total Liabilities | $312.9M | $310.1M | $307.7M+45686.4% | $1.5M | N/A | N/A | $672K |
| Current Liabilities | $361K | $197K | $269K-59.9% | $852K | N/A | N/A | $672K |
| Non-Current Liabilities | $312.5M | $309.9M | $307.4Mn/m | $690K | N/A | N/A | $0 |
| Total Equity | -$18.1Mn/m | -$17.7Mn/m | -$17.4Mn/m | -$67K | -$51K | -$50K | -$49K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt, Retained Earnings.
ALUB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
ALUB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Liabilities-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$17.4M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Alussa Energy Acquisition Corp. II ALUB | FY2025 | N/A | -$7.4M | N/A | $365.1M | — |
| New Providence Acquisition Corp. III NPAC | FY2025 | N/A | $7.7M | N/A | $405.0M | — |
| Wen Acquisition Corp WENN | FY2025 | N/A | $6.9M | N/A | $392.8M | — |
| Titan Acquisition Corp. TACH | FY2025 | N/A | $7.2M | N/A | $364.7M | — |
Where Alussa Energy Acquisition Corp. II Ranks
Frequently Asked Questions
No, Alussa Energy Acquisition Corp. II (ALUB) reported a net loss of $2.9M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $7.4M.
Alussa Energy Acquisition Corp. II (ALUB) recorded an outflow of $331K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Alussa Energy Acquisition Corp. II (ALUB) had $290.2M in total assets as of fiscal year 2025, including both current and long-term assets.
Alussa Energy Acquisition Corp. II (ALUB) had a current ratio of 4.62 as of fiscal year 2025, which is generally considered healthy.
Alussa Energy Acquisition Corp. II (ALUB) had a return on assets of -2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Alussa Energy Acquisition Corp. II (ALUB) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $365.1M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Alussa Energy Acquisition Corp. II (ALUB) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $365.1M as of Nov 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Alussa Energy Acquisition Corp. II (ALUB) has negative shareholder equity of -$17.4M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.