A SPAC III Acquisition Corp. Financials
Financial Health Signals
For every $1 of reported earnings, A SPAC III Acquisition Corp. generates $2.09 in operating cash flow (-$474K OCF vs -$226K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows A SPAC III Acquisition Corp. (ASPCU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
Key Financial Metrics
A SPAC III Acquisition Corp. reported -$226K in net income in fiscal year 2024. This represents a decrease of 8442.8% from the prior year.
A SPAC III Acquisition Corp. held $1.6M in cash against $0 in long-term debt as of fiscal year 2024.
ASPCU Income Statement
| Metric | Q3'25 | Q3'24 | Q4'23 |
|---|---|---|---|
| Revenue | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A |
| SG&A Expenses | $174K+348.6% | $39K | N/A |
| Operating Income | -$174K-348.6% | -$39K | N/A |
| Interest Expense | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A |
| Net Income | $480K+1338.7% | -$39K | N/A |
| EPS (Diluted) | N/A | $-0.03 | N/A |
ASPCU Balance Sheet
| Metric | Q3'25 | Q3'24 | Q4'23 |
|---|---|---|---|
| Total Assets | $63.4M+2.1% | $62.1M | $0 |
| Current Assets | $1.1M-36.4% | $1.7M | N/A |
| Cash & Equivalents | $1.1M-33.5% | $1.6M | N/A |
| Inventory | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A |
| Total Liabilities | $62.4M+7.2% | $58.2M+41309.5% | $141K |
| Current Liabilities | $530K+2.4% | $517K+268.0% | $141K |
| Long-Term Debt | N/A | N/A | N/A |
| Total Equity | $975K-74.8% | $3.9M+2848.3% | -$141K |
| Retained Earnings | $882K+324.9% | -$392K-136.7% | -$166K |
ASPCU Cash Flow Statement
| Metric | Q3'25 | Q3'24 | Q4'23 |
|---|---|---|---|
| Operating Cash Flow | -$6K+98.3% | -$355K | N/A |
| Capital Expenditures | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A |
| Financing Cash Flow | $0-100.0% | $62.0M | N/A |
| Dividends Paid | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A |
ASPCU Financial Ratios
| Metric | Q3'25 | Q3'24 | Q4'23 |
|---|---|---|---|
| Gross Margin | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A |
| Return on Equity | 49.3% | N/A | N/A |
| Return on Assets | 0.8%+47.9pp | -47.1% | N/A |
| Current Ratio | 2.06-1.3 | 3.32 | N/A |
| Debt-to-Equity | 63.99+48.9 | 15.07+16.1 | -1.00 |
| FCF Margin | N/A | N/A | N/A |
Similar Companies
Frequently Asked Questions
Is A SPAC III Acquisition Corp. profitable?
No, A SPAC III Acquisition Corp. (ASPCU) reported a net income of -$226K in fiscal year 2024.
What is A SPAC III Acquisition Corp.'s operating cash flow?
A SPAC III Acquisition Corp. (ASPCU) generated -$474K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are A SPAC III Acquisition Corp.'s total assets?
A SPAC III Acquisition Corp. (ASPCU) had $62.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What is A SPAC III Acquisition Corp.'s current ratio?
A SPAC III Acquisition Corp. (ASPCU) had a current ratio of 3.32 as of fiscal year 2024, which is generally considered healthy.
What is A SPAC III Acquisition Corp.'s debt-to-equity ratio?
A SPAC III Acquisition Corp. (ASPCU) had a debt-to-equity ratio of 15.07 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is A SPAC III Acquisition Corp.'s return on assets (ROA)?
A SPAC III Acquisition Corp. (ASPCU) had a return on assets of -0.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is A SPAC III Acquisition Corp.'s cash runway?
Based on fiscal year 2024 data, A SPAC III Acquisition Corp. (ASPCU) had $1.6M in cash against an annual operating cash burn of $474K. This gives an estimated cash runway of approximately 40 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Are A SPAC III Acquisition Corp.'s earnings high quality?
A SPAC III Acquisition Corp. (ASPCU) has an earnings quality ratio of 2.09x, considered low quality (accrual-driven). 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.