A SPAC III Acqsn (ASPC) 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 Sep 8, 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 ASPC SEC filings page.
This page shows A SPAC III Acqsn (ASPC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Transaction-financed balance-sheet mechanics dominate the reported results, while recurring operations remain cash-negative and accounting profit is disconnected from operations.
In FY2025, net income reached$1.3M even as operating income was-$827K and operating cash flow was-$451K ; that combination indicates the reported profit did not come from the entity’s recurring operating activity. The earnings figure therefore says less about operating performance than the simultaneous loss and cash outflow suggest.
The balance sheet contracted sharply: total assets fell from
The current ratio moved from 3.3x to 1.8x, so short-term balance-sheet cushion narrowed alongside the asset reduction. With FY2025 operating cash flow still negative at
Financial Health Signals
A SPAC III Acqsn does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
A SPAC III Acqsn passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, A SPAC III Acqsn used $0.34 of operating cash (-$451K OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
A SPAC III Acqsn reported -$15K in net income in Q2 2026. This represents a decrease of 104.0% from the same quarter a year earlier. Against the prior quarter it is up 86.6%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
A SPAC III Acqsn held $634K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
A SPAC III Acqsn's ROE was -6.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 26.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 34.4 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
ASPC 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $39K-33.1% | $54K-21.4% | N/A | $174K+348.6% | $59K+635.8% | $68K | N/A | $39K |
| Operating Income | -$47K+82.3% | -$147K+37.1% | N/A | -$174K-348.6% | -$267K-3237.9% | -$234K | N/A | -$39K |
| Net Income | -$15K-104.0% | -$114K-127.6% | N/A | $480K+1338.7% | $380K+4849.2% | $413K | N/A | -$39K |
| EPS (Basic) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$0.03 |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$0.03 |
| Diluted Shares (Avg) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax.
ASPC 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-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.8M-93.9% | $3.9M-93.8% | $3.9M-93.7% | $63.4M+76934.5% | $62.8M | $62.2M | $62.1M | $82K |
| Current Assets | $798K-30.7% | $878K-30.3% | $956K-44.4% | $1.1M | $1.2M | $1.3M | $1.7M | N/A |
| Cash & Equivalents | $634K-40.7% | $670K-40.1% | $871K-45.5% | $1.1M | $1.1M | $1.1M | $1.6M | N/A |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A |
| Total Liabilities | $3.6M-94.1% | $3.6M-93.9% | $3.5M-94.0% | $62.4M+23039.9% | $60.9M | $59.3M | $58.2M+41309.5% | $270K |
| Current Liabilities | $561K+31.9% | $599K+114.8% | $536K+3.6% | $530K+96.4% | $425K | $279K | $517K+268.0% | $270K |
| Non-Current Liabilities | $3.0M-95.0% | $3.0M-94.9% | $3.0M-94.8% | $61.9M | $60.5M | $59.1M | $57.7M | $0 |
| Total Equity | $238K-87.5% | $280K-90.4% | $420K-89.1% | $975K+620.4% | $1.9M+1377.6% | $2.9M | $3.9M+2848.3% | -$187K |
| Retained Earnings | $238K-40.7% | $280K+1216.1% | $420K+207.1% | $882K+515.1% | $401K | $21K | -$392K-136.7% | -$212K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
ASPC 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.
ASPC 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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -6.4%-26.4pp | -40.8%-55.0pp | N/A | 49.3% | 20.0% | 14.2% | N/A | N/A |
| Return on Assets | -0.4%-1.0pp | -2.9%-3.6pp | N/A | 0.8%+47.9pp | 0.6% | 0.7% | N/A | -47.1% |
| Current Ratio | 1.42-1.3x | 1.47-3.1x | 1.78-1.5x | 2.06 | 2.71 | 4.52 | 3.32 | N/A |
| Debt-to-Equity | 15.11-17.0x | 12.89-7.5x | 8.38-6.7x | 63.99 | 32.07 | 20.44 | 15.07 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
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.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| A SPAC III Acqsn ASPC | FY2025 | N/A | $1.3M | N/A | $25.2M | — |
| Origin Invt Corp I ORIQ | FY2025 | N/A | $683K | N/A | $89.7M | — |
| Columbus Acquisition Corp COLAU | FY2025 | N/A | $1.3M | N/A | N/A | — |
Where A SPAC III Acqsn Ranks
Frequently Asked Questions
Is A SPAC III Acqsn profitable?
Yes, A SPAC III Acqsn (ASPC) reported a net income of $1.3M in fiscal year 2025.
What is A SPAC III Acqsn's return on equity (ROE)?
A SPAC III Acqsn (ASPC) has a return on equity of 320.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is A SPAC III Acqsn's operating cash flow?
A SPAC III Acqsn (ASPC) recorded an outflow of $451K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are A SPAC III Acqsn's total assets?
A SPAC III Acqsn (ASPC) had $3.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What is A SPAC III Acqsn's current ratio?
A SPAC III Acqsn (ASPC) had a current ratio of 1.78 as of fiscal year 2025, which is generally considered healthy.
What is A SPAC III Acqsn's debt-to-equity ratio?
A SPAC III Acqsn (ASPC) had a debt-to-equity ratio of 8.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is A SPAC III Acqsn's return on assets (ROA)?
A SPAC III Acqsn (ASPC) had a return on assets of 34.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is A SPAC III Acqsn's P/E ratio?
A SPAC III Acqsn (ASPC) trades at 18.8x earnings, its market capitalization divided by net income of $1.3M net income, FY2025. The market capitalization is $25.2M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is A SPAC III Acqsn's price-to-sales ratio?
A SPAC III Acqsn (ASPC) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $25.2M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is A SPAC III Acqsn's Piotroski F-Score?
A SPAC III Acqsn (ASPC) has a Piotroski F-Score of 2 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are A SPAC III Acqsn's earnings high quality?
For every $1 of reported earnings, A SPAC III Acqsn (ASPC) used $0.34 of operating cash (-$451K OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.