Columbus Acquisition Corp (COLA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the COLA SEC filings page.
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).
The balance sheet is financed by capital inflows and asset accumulation, not by an operating revenue engine.
In FY2025, the company reported a positive net income of$1.29M despite operating income of-$947K , indicating that reported profit came from below-the-line items rather than the operating expense base. ROA improved from-38.5% in FY2024 to2.1% in FY2025, but the change accompanied a much larger asset base, not a demonstrated operating turnaround.
The $60M investing outflow was paired with $61.1M financing inflow in FY2025, so the balance-sheet build was funded externally rather than by cash generated from operations. That pattern makes the balance-sheet build and financing activity more informative than conventional sales or margin analysis.
A 1.6x current ratio suggests near-term reported assets exceeded near-term obligations, yet debt-to-equity was 348.9x, showing that short-term coverage can coexist with an exceptionally thin equity cushion. It also marks a sharp change from FY2024, when equity was negative, so the ratio is highly sensitive to a very small denominator.
Financial Health Signals
Columbus 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.
Columbus Acquisition Corp passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
For every $1 of reported earnings, Columbus Acquisition Corp used $0.45 of operating cash (-$583K OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Columbus Acquisition Corp reported $90K in net income in Q2 2026. This represents a decrease of 80.6% from the same quarter a year earlier. Against the prior quarter it is up 46.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Columbus Acquisition Corp held $8K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
COLA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $137K-10.1% | $226K-11.0% | N/A | $132K+968.5% | $152K+268.7% | $254K+3613.0% | N/A | $12K |
| Operating Income | -$137K+10.1% | -$226K+11.0% | N/A | -$132K-968.5% | -$152K-268.7% | -$254K-3613.0% | N/A | -$12K |
| Net Income | $90K-80.6% | $61K-59.0% | N/A | $498K+4126.5% | $463K+1222.9% | $150K+2290.4% | N/A | -$12K |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
COLA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $27.3M-55.8% | $27.0M-55.9% | $62.7M+31255.2% | $62.3M | $61.8M | $61.3M | $200K | N/A |
| Current Assets | $93K-88.6% | $190K-79.3% | $489K | $694K | $818K | $918K | N/A | N/A |
| Cash & Equivalents | $8K-98.9% | $129K-85.5% | $484K | $638K | $761K | $894K | N/A | N/A |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | N/A | N/A |
| Total Liabilities | $27.8M-54.5% | $27.2M-55.0% | $62.5M+24705.6% | $61.8M | $61.1M | $60.4M | $252K | N/A |
| Current Liabilities | $576K+486.9% | $387K+739.7% | $310K+23.0% | $106K | $98K | $46K | $252K | N/A |
| Non-Current Liabilities | $27.2M-55.4% | $26.8M-55.6% | $62.2M | $61.6M | $61.0M | $60.4M | $0 | N/A |
| Total Equity | -$483K-167.1% | -$197K-122.6% | $179K+444.1% | $588K+1760.3% | $720K+3224.8% | $872K+4700.5% | -$52K | -$35K |
| Retained Earnings | -$483K-190.3% | -$197K-370.8% | $179K+332.2% | $588K | $535K | $73K | -$77K | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
COLA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$196K-47.7% | -$279K-61.9% | -$155K-982.7% | -$123K-633.7% | -$133K-222.1% | -$173K-7035.1% | -$14K | -$17K |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | N/A | $61K | N/A | N/A |
| Investing Cash Flow | -$150K | $35.7M+159.5% | $0 | $0 | $0 | -$60.0M | N/A | N/A |
| Financing Cash Flow | $225K | -$35.8M-158.6% | $0-100.0% | $0-100.0% | $0-100.0% | $61.1M+2525404.1% | $14K | $17K |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
COLA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Columbus Acquisition Corp COLA | FY2025 | N/A | $1.3M | N/A | $47.7M | — |
| Columbus Acquisition Corp Unit COLAU | FY2025 | N/A | $1.3M | N/A | N/A | — |
| YHN Acquisition I Limited YHNA | FY2025 | N/A | $1.3M | N/A | $47.5M | — |
| DT Cloud Star Acquisition Corporation Units DTSQU | FY2025 | $2.7M | $2.1M | 79.5% | N/A | 28/100 |
| Rising Dragon Acquisition Corp. RDAC | FY2025 | N/A | $1.6M | N/A | $31.5M | — |
| CO2 Energy Transition Corp. Unit NOEMU | FY2025 | N/A | $1.7M | N/A | N/A | — |
Where Columbus Acquisition Corp Ranks
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 return on equity (ROE)?
Columbus Acquisition Corp (COLA) has a return on equity of 717.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Columbus Acquisition Corp's operating cash flow?
Columbus Acquisition Corp (COLA) recorded an outflow of $583K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Columbus Acquisition Corp's total assets?
Columbus Acquisition Corp (COLA) had $62.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Columbus Acquisition Corp's current ratio?
Columbus Acquisition Corp (COLA) had a current ratio of 1.58 as of fiscal year 2025, which is generally considered healthy.
What is Columbus Acquisition Corp's debt-to-equity ratio?
Columbus Acquisition Corp (COLA) had a debt-to-equity ratio of 348.93 as of fiscal year 2025, 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 2.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Columbus Acquisition Corp's P/E ratio?
Columbus Acquisition Corp (COLA) trades at 37.1x earnings, its market capitalization divided by net income of $1.3M net income, FY2025. The market capitalization is $47.7M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Columbus Acquisition Corp's price-to-sales ratio?
Columbus Acquisition Corp (COLA) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $47.7M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Columbus Acquisition Corp's Piotroski F-Score?
Columbus Acquisition Corp (COLA) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Columbus Acquisition Corp's earnings high quality?
For every $1 of reported earnings, Columbus Acquisition Corp (COLA) used $0.45 of operating cash (-$583K OCF vs $1.3M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.