Piermont Valley Acquisition Corp Financials
This page shows Piermont Valley Acquisition Corp (CMCWF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
Reported profit sits on top of persistent cash burn and a liability-funded balance sheet with very thin liquidity.
Across FY2022 through the latest FY2024 period, net income stayed positive while operating cash flow stayed negative, including$1.6M of profit against-$358K of OCF in the latest year. That pattern matters more because cash fell to$23K and the current ratio to 0.09x, so accounting earnings are not replenishing the liquidity needed to cover near-term obligations.
The balance sheet is still underwater: latest assets of
Liquidity has tightened sharply across the last three annual periods: cash and current assets shrank from
Financial Health Signals
Piermont Valley Acquisition Corp 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.
Piermont Valley Acquisition Corp reported a net loss of $1.7M while operations used $189K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Piermont Valley Acquisition Corp reported -$1.7M in net income in fiscal year 2026.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Cash & Balance Sheet
Piermont Valley Acquisition Corp held $2.5M in cash as of fiscal year 2026; long-term debt is not reported for that period.
Not reported for fiscal year 2026.
Not reported for fiscal year 2026.
Margins & Returns
None of these metrics is reported for fiscal year 2026.
Capital Allocation
None of these metrics is reported for fiscal year 2026.
CMCWF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY24 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue | N/A | $8.1M | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | $240K+200.0% | $80K |
| Net Income | -$1.7M | $1.6M | $4.7M-5.7% | $5.0M-74.2% | $19.3M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, Interest Expense, Income Tax, EPS (Diluted).
No annual filing on record for: FY2025.
CMCWF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY24 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Total Assets | $2.5M | N/A | $13.7M-94.3% | $240.7M+1.9% | $236.1M |
| Current Assets | $5K | N/A | $185K-23.7% | $242K-83.2% | $1.4M |
| Cash & Equivalents | $2.5M | $23K | $185K+104.6% | $90K-90.7% | $969K |
| Total Liabilities | $3.9M | N/A | $16.8M-93.4% | $252.7M+2.2% | $247.3M |
| Current Liabilities | $330K | N/A | $2.2M+50.8% | $1.4M+732.8% | $172K |
| Total Equity | -$1.5M | -$2.8M | -$3.1M+73.9% | -$12.0M-7.7% | -$11.2M |
| Retained Earnings | -$1.5M | N/A | -$3.1M+73.9% | -$12.0M-7.7% | -$11.2M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
No annual filing on record for: FY2025.
CMCWF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY26 | FY24 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$189K | -$358K | -$16K+99.1% | -$1.7M-124.5% | -$759K |
| Investing Cash Flow | $0 | $0 | N/A | N/A | -$234.6M |
| Financing Cash Flow | $192K | $175K | N/A | $825K-99.7% | $236.3M |
| Share Buybacks | N/A | $0 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid.
No annual filing on record for: FY2025.
CMCWF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY26 | FY24 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Net Margin | N/A | 20.3% | N/A | N/A | N/A |
| Return on Assets | -68.9% | N/A | 34.3%+32.2pp | 2.1%-6.1pp | 8.2% |
| Current Ratio | 0.01 | N/A | 0.09-0.1x | 0.17-8.2x | 8.38 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Return on Equity, Debt-to-Equity, FCF Margin.
No annual filing on record for: FY2025.
Note: Shareholder equity is negative (-$1.5M), 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 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Piermont Valley Acquisition Corp Ranks
Frequently Asked Questions
Is Piermont Valley Acquisition Corp profitable?
No, Piermont Valley Acquisition Corp (CMCWF) reported a net income of -$1.7M in fiscal year 2026.
What is Piermont Valley Acquisition Corp's operating cash flow?
Piermont Valley Acquisition Corp (CMCWF) recorded an outflow of $189K in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Piermont Valley Acquisition Corp's total assets?
Piermont Valley Acquisition Corp (CMCWF) had $2.5M in total assets as of fiscal year 2026, including both current and long-term assets.
What is Piermont Valley Acquisition Corp's current ratio?
Piermont Valley Acquisition Corp (CMCWF) had a current ratio of 0.01 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is Piermont Valley Acquisition Corp's return on assets (ROA)?
Piermont Valley Acquisition Corp (CMCWF) had a return on assets of -68.9% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Piermont Valley Acquisition Corp's cash runway?
Based on fiscal year 2026 data, Piermont Valley Acquisition Corp (CMCWF) had $2.5M in cash against an annual operating cash burn of $189K. This gives an estimated cash runway of approximately 156 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 Piermont Valley Acquisition Corp's debt-to-equity ratio negative or not reported?
Piermont Valley Acquisition Corp (CMCWF) has negative shareholder equity of -$1.5M as of fiscal year 2026, so no debt-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.
Are Piermont Valley Acquisition Corp's earnings high quality?
Piermont Valley Acquisition Corp (CMCWF) reported a net loss of $1.7M while operations used $189K of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.