Churchill Capital Corp Ix Financials
This page shows Churchill Capital Corp Ix (CCIXU) 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).
Financial Health Signals
Churchill Capital Corp Ix passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Churchill Capital Corp Ix generates $-0.40 in operating cash flow (-$3.4M OCF vs $8.6M 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
Churchill Capital Corp Ix reported $8.6M in net income in fiscal year 2025. This represents a decrease of 2.7% from the prior year.
Churchill Capital Corp Ix held $0 in cash against $0 in long-term debt as of fiscal year 2025.
CCIXU Income Statement
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|
| 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 | $916K | N/A | $258K | N/A |
| Operating Income | N/A | -$916K | N/A | -$258K | 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 | $2.3M | N/A | $3.6M | N/A |
| EPS (Diluted) | N/A | N/A | N/A | $0.00 | N/A |
CCIXU Balance Sheet
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|
| Total Assets | $307.8M+0.9% | $305.0M+2.0% | $299.1M+1.1% | $295.8M+452570.2% | $65K |
| Current Assets | $162K-65.6% | $470K-83.5% | $2.8M+43.0% | $2.0M | $0 |
| Cash & Equivalents | $0 | $0 | $0-100.0% | $1.5M | $0 |
| 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 | $317.9M+1.0% | $314.7M+2.8% | $306.3M+1.2% | $302.7M+510292.0% | $59K |
| Current Liabilities | $173K+112.9% | $81K+8.3% | $75K0.0% | $75K+26.5% | $59K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$10.1M-4.1% | -$9.7M-35.6% | -$7.1M-3.6% | -$6.9M-114053.6% | $6K |
| Retained Earnings | -$10.1M-4.1% | -$9.7M-35.6% | -$7.1M-3.6% | -$6.9M-36221.7% | -$19K |
CCIXU Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$176K+85.9% | -$1.2M-812.5% | -$137K-12.0% | -$122K | 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 | N/A | $1.0M | $0 | N/A |
| Financing Cash Flow | N/A | N/A | $0 | $0 | 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 |
CCIXU Financial Ratios
| Metric | Q4'25 | Q3'25 | Q4'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|
| 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 | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | 0.8% | N/A | 1.2% | N/A |
| Current Ratio | 0.93-4.9 | 5.79-32.2 | 38.00+11.4 | 26.57+26.6 | 0.00 |
| Debt-to-Equity | -31.55+1.0 | -32.53+10.4 | -42.92+1.0 | -43.97-53.8 | 9.82 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$10.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.93), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
Is Churchill Capital Corp Ix profitable?
Yes, Churchill Capital Corp Ix (CCIXU) reported a net income of $8.6M in fiscal year 2025.
What is Churchill Capital Corp Ix's operating cash flow?
Churchill Capital Corp Ix (CCIXU) generated -$3.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Churchill Capital Corp Ix's total assets?
Churchill Capital Corp Ix (CCIXU) had $307.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Churchill Capital Corp Ix's current ratio?
Churchill Capital Corp Ix (CCIXU) had a current ratio of 0.93 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Churchill Capital Corp Ix's debt-to-equity ratio?
Churchill Capital Corp Ix (CCIXU) had a debt-to-equity ratio of -31.55 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Churchill Capital Corp Ix's return on assets (ROA)?
Churchill Capital Corp Ix (CCIXU) had a return on assets of 2.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Churchill Capital Corp Ix's cash runway?
Based on fiscal year 2025 data, Churchill Capital Corp Ix (CCIXU) had $0 in cash against an annual operating cash burn of $3.4M. This gives an estimated cash runway of approximately 0 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.
Why is Churchill Capital Corp Ix's debt-to-equity ratio negative or unusual?
Churchill Capital Corp Ix (CCIXU) has negative shareholder equity of -$10.1M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. 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.
What is Churchill Capital Corp Ix's Piotroski F-Score?
Churchill Capital Corp Ix (CCIXU) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Churchill Capital Corp Ix's earnings high quality?
Churchill Capital Corp Ix (CCIXU) has an earnings quality ratio of -0.40x, 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.