Columbus Acquisition Corp Financials
This page shows Columbus Acquisition Corp (COLA) 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, Columbus Acquisition Corp generates $0.97 in operating cash flow (-$75K OCF vs -$77K 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
Columbus Acquisition Corp reported -$77K in net income in fiscal year 2024.
Columbus Acquisition Corp earned $-0.05 per diluted share (EPS) in fiscal year 2024.
Columbus Acquisition Corp had 2M shares outstanding in fiscal year 2024.
COLA Income Statement
| Metric | Q3'25 | Q3'24 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | $132K+968.5% | $12K |
| Operating Income | -$132K-968.5% | -$12K |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | $498K+4126.5% | -$12K |
| EPS (Diluted) | N/A | N/A |
COLA Balance Sheet
| Metric | Q3'25 | Q3'24 |
|---|---|---|
| Total Assets | $62.3M+31065.8% | $200K |
| Current Assets | $694K | N/A |
| Cash & Equivalents | $638K | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Goodwill | N/A | N/A |
| Total Liabilities | $61.8M+24393.3% | $252K |
| Current Liabilities | $106K-57.9% | $252K |
| Long-Term Debt | N/A | N/A |
| Total Equity | $588K+1228.3% | -$52K |
| Retained Earnings | $588K+862.2% | -$77K |
COLA Cash Flow Statement
| Metric | Q3'25 | Q3'24 |
|---|---|---|
| Operating Cash Flow | -$123K-762.7% | -$14K |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | $0 | N/A |
| Financing Cash Flow | $0-100.0% | $14K |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
COLA Financial Ratios
| Metric | Q3'25 | Q3'24 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | 84.7% | N/A |
| Return on Assets | 0.8% | N/A |
| Current Ratio | 6.53 | N/A |
| Debt-to-Equity | 105.06+109.9 | -4.84 |
| FCF Margin | N/A | N/A |
Note: Shareholder equity is negative (-$52K), 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.
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Frequently Asked Questions
Is Columbus Acquisition Corp profitable?
No, Columbus Acquisition Corp (COLA) reported a net income of -$77K in fiscal year 2024.
What is Columbus Acquisition Corp's earnings per share (EPS)?
Columbus Acquisition Corp (COLA) reported diluted earnings per share of $-0.05 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Columbus Acquisition Corp's operating cash flow?
Columbus Acquisition Corp (COLA) generated -$75K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Columbus Acquisition Corp's total assets?
Columbus Acquisition Corp (COLA) had $200K in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Columbus Acquisition Corp have outstanding?
Columbus Acquisition Corp (COLA) had 2M shares outstanding as of fiscal year 2024.
What is Columbus Acquisition Corp's debt-to-equity ratio?
Columbus Acquisition Corp (COLA) had a debt-to-equity ratio of -4.84 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Columbus Acquisition Corp's return on assets (ROA)?
Columbus Acquisition Corp (COLA) had a return on assets of -38.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is Columbus Acquisition Corp's debt-to-equity ratio negative or unusual?
Columbus Acquisition Corp (COLA) has negative shareholder equity of -$52K as of fiscal year 2024, 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.
Are Columbus Acquisition Corp's earnings high quality?
Columbus Acquisition Corp (COLA) has an earnings quality ratio of 0.97x, 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.