BEST SPAC I Acquisition Corp. Financials
This page shows BEST SPAC I Acquisition Corp. (BSAAU) 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).
Financial Health Signals
For every $1 of reported earnings, BEST SPAC I Acquisition Corp. generates $-0.92 in operating cash flow (-$598K OCF vs $650K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
BEST SPAC I Acquisition Corp. reported $650K in net income in fiscal year 2025.
Cash & Balance Sheet
BEST SPAC I Acquisition Corp. held $1.3M in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
BEST SPAC I Acquisition Corp.'s ROE was 25.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
BSAAU Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $424K+352.8% | $94K | N/A | N/A |
| Operating Income | N/A | -$424K-352.8% | -$94K | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | $240K+4250.6% | -$6K+85.8% | -$41K | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A |
BSAAU Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|
| Total Assets | $57.6M+0.7% | $57.2M+0.4% | $57.0M | N/A | $28K |
| Current Assets | $1.4M-9.4% | $1.6M-17.1% | $1.9M | N/A | $15K |
| Cash & Equivalents | $1.3M-6.1% | $1.4M-22.3% | $1.8M | N/A | N/A |
| Inventory | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $55.1M+2.1% | $54.0M+2.4% | $52.7M | N/A | $6K |
| Current Liabilities | $153K-30.5% | $220K+5.8% | $208K | N/A | $6K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $2.5M-23.0% | $3.3M-23.3% | $4.3M+22987.9% | -$19K-184.9% | $22K |
| Retained Earnings | $647K+238.8% | $191K+486.0% | -$49K | N/A | -$3K |
BSAAU Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$84K+73.5% | -$317K | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | $0 | N/A | N/A | N/A |
| Financing Cash Flow | $0+100.0% | -$79K | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
BSAAU Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | 7.3%+7.5pp | -0.1% | N/A | N/A |
| Return on Assets | N/A | 0.4%+0.4pp | -0.0% | N/A | N/A |
| Current Ratio | 9.29+2.2 | 7.13-2.0 | 9.10 | N/A | 2.73 |
| Debt-to-Equity | 21.84+5.4 | 16.47+4.1 | 12.34 | N/A | 0.25 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is BEST SPAC I Acquisition Corp. profitable?
Yes, BEST SPAC I Acquisition Corp. (BSAAU) reported a net income of $650K in fiscal year 2025.
What is BEST SPAC I Acquisition Corp.'s return on equity (ROE)?
BEST SPAC I Acquisition Corp. (BSAAU) has a return on equity of 25.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is BEST SPAC I Acquisition Corp.'s operating cash flow?
BEST SPAC I Acquisition Corp. (BSAAU) generated -$598K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are BEST SPAC I Acquisition Corp.'s total assets?
BEST SPAC I Acquisition Corp. (BSAAU) had $57.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What is BEST SPAC I Acquisition Corp.'s current ratio?
BEST SPAC I Acquisition Corp. (BSAAU) had a current ratio of 9.29 as of fiscal year 2025, which is generally considered healthy.
What is BEST SPAC I Acquisition Corp.'s debt-to-equity ratio?
BEST SPAC I Acquisition Corp. (BSAAU) had a debt-to-equity ratio of 21.84 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is BEST SPAC I Acquisition Corp.'s return on assets (ROA)?
BEST SPAC I Acquisition Corp. (BSAAU) had a return on assets of 1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is BEST SPAC I Acquisition Corp.'s cash runway?
Based on fiscal year 2025 data, BEST SPAC I Acquisition Corp. (BSAAU) had $1.3M in cash against an annual operating cash burn of $598K. This gives an estimated cash runway of approximately 26 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 BEST SPAC I Acquisition Corp.'s earnings high quality?
BEST SPAC I Acquisition Corp. (BSAAU) has an earnings quality ratio of -0.92x, 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.