This page shows Columbus Acquisition Corp (COLA) 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
For every $1 of reported earnings, Columbus Acquisition Corp generates $-0.45 in operating cash flow (-$583K OCF vs $1.3M 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
Columbus Acquisition Corp reported $1.3M in net income in fiscal year 2025. This represents an increase of 1766.9% from the prior year.
Columbus Acquisition Corp earned $0.17 per diluted share (EPS) in fiscal year 2025. This represents an increase of 440.0% from the prior year.
Cash & Balance Sheet
Columbus Acquisition Corp had 4M shares outstanding in fiscal year 2025. This represents an increase of 199.6% from the prior year.
Margins & Returns
Capital Allocation
COLA Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $132K-13.0% | $152K-40.2% | $254K | N/A | $12K-70.0% | $41K+502.4% | $7K |
| Operating Income | -$132K+13.0% | -$152K+40.2% | -$254K | N/A | -$12K+70.0% | -$41K-502.4% | -$7K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $498K+7.6% | $463K+208.8% | $150K | N/A | -$12K+70.0% | -$41K-502.4% | -$7K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
COLA Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|
| Total Assets | $62.3M+0.8% | $61.8M+0.8% | $61.3M+30555.6% | $200K | N/A | N/A | N/A |
| Current Assets | $694K-15.2% | $818K-10.9% | $918K | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $638K-16.2% | $761K-14.8% | $894K | N/A | N/A | N/A | N/A |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $61.8M+1.0% | $61.1M+1.1% | $60.4M+23875.8% | $252K | N/A | N/A | N/A |
| Current Liabilities | $106K+8.2% | $98K+113.1% | $46K-81.7% | $252K | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $588K-18.4% | $720K-17.4% | $872K+1773.5% | -$52K-47.1% | -$35K-53.7% | -$23K-226.9% | $18K |
| Retained Earnings | $588K+9.8% | $535K+636.3% | $73K+194.3% | -$77K | N/A | N/A | N/A |
COLA Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$123K+7.2% | -$133K+23.1% | -$173K-1108.6% | -$14K+15.0% | -$17K+59.3% | -$41K-1603.9% | -$2K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | $0+100.0% | -$60.0M | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $0 | $0-100.0% | $61.1M+427687.7% | $14K-15.0% | $17K-59.3% | $41K+1603.9% | $2K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
COLA Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 84.7%+20.4pp | 64.3%+47.1pp | 17.2% | N/A | N/A | N/A | -37.7% |
| Return on Assets | 0.8%+0.1pp | 0.8%+0.5pp | 0.2% | N/A | N/A | N/A | N/A |
| Current Ratio | 6.53-1.8 | 8.33-11.6 | 19.92 | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 105.06+20.2 | 84.89+15.6 | 69.34+74.2 | -4.84 | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is Columbus Acquisition Corp profitable?
Yes, Columbus Acquisition Corp (COLA) reported a net income of $1.3M in fiscal year 2025.
What is Columbus Acquisition Corp's operating cash flow?
Columbus Acquisition Corp (COLA) generated -$583K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Are Columbus Acquisition Corp's earnings high quality?
Columbus Acquisition Corp (COLA) has an earnings quality ratio of -0.45x, 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.