Crown Proptech Acquisitions Financials

CPTKW

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Crown Proptech Acquisitions (CPTKW) 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).

Rhea AI CPTKW FY2025 2026-05-18

External funding, not operating cash generation, appears to keep the business going as liquidity shrinks and liabilities outrun assets.

Over the last three fiscal years, total assets fell from $45.1M to $5.8M while operating cash flow stayed negative each year. By FY2025, current liabilities of $5.3M were almost as large as the entire asset base, so the company is supporting ongoing losses with very little operating cushion and almost no balance-sheet flexibility.

Positive net income in FY2022 and FY2023 did not reflect core earnings, because operating income stayed negative in both years despite reported bottom-line profit. Operating cash flow was -$498K and -$918K, which suggests reported profit was coming from items below the operating line rather than from the recurring engine that pays bills.

FY2025 ended with only $1K of current assets against $5.3M of current liabilities, showing an extremely thin liquidity cushion. Even after financing inflow of $859K, the business still used -$1.1M in operations, so day-to-day funding depended on outside support instead of normal cash recycling within the business.

Financial Health Signals

Financial Profile 0/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Crown Proptech Acquisitions's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Liquidity

Crown Proptech Acquisitions's current ratio of 0.00 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Weak

1/9

Crown Proptech Acquisitions 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).

Earnings Quality Low Quality

0.37x

For every $1 of reported earnings, Crown Proptech Acquisitions generates $0.37 in operating cash flow (-$1.1M OCF vs -$3.0M 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

Export CSV

Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$3.0M

YoY-1373.9%

Crown Proptech Acquisitions reported -$3.0M in net income in fiscal year 2025. This represents a decrease of 1373.9% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$425

YoY+0.0%

Crown Proptech Acquisitions held $425 in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

CPTKW Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	N/A	N/A	$3.4M-15.4%	$4.0M	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	N/A	N/A	N/A	N/A
Operating Income	-$3.0M-331.8%	-$700K+66.8%	-$2.1M+50.2%	-$4.2M+24.0%	-$5.6M
Interest Expense	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	$0	$0	N/A	N/A
Net Income	-$3.0M-1373.9%	-$204K-139.1%	$524K-96.5%	$14.8M+121.2%	$6.7M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	N/A	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	N/A
Gross Profit	N/A	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	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	-$1.1M	N/A	-$281K	N/A	-$773K	N/A	-$261K-470.2%	-$46K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$0	N/A	N/A	N/A	$0	N/A	N/A	N/A
Net Income	-$1.0M	N/A	-$187K+84.5%	-$1.2M-69.2%	-$712K	N/A	-$161K-168.5%	$236K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CPTKW Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$5.8M-0.3%	$5.8M-87.1%	$45.1M-83.9%	$280.1M+1.5%	$276.1M
Current Assets	$1K-29.8%	$2K-41.9%	$3K-97.1%	$120K+32.1%	$91K
Cash & Equivalents	$4250.0%	$425-34.8%	$652-99.2%	$80K+441.7%	$15K
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	$11.1M+26.2%	$8.8M-81.4%	$47.3M-83.2%	$281.6M-5.5%	$298.0M
Current Liabilities	$5.3M+77.8%	$3.0M+30.7%	$2.3M+39.7%	$1.6M-61.0%	$4.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	-$5.3M-77.9%	-$3.0M-30.8%	-$2.3M-50.5%	-$1.5M+93.1%	-$21.9M
Retained Earnings	-$18.3M-21.6%	-$15.0M-8.3%	-$13.9M-25.8%	-$11.0M+49.5%	-$21.9M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$5.8M-0.1%	$5.8M-0.4%	$5.8M+2.4%	$5.7M-3.3%	$5.9M+1.1%	$5.8M+1.1%	$5.7M-74.0%	$22.1M
Current Assets	$39K+2624.3%	$1K-98.3%	$83K+1712.5%	$5K-25.4%	$6K+203.1%	$2K-58.1%	$5K-38.2%	$8K
Cash & Equivalents	$4250.0%	$4250.0%	$4250.0%	$4250.0%	$4250.0%	$4250.0%	$4250.0%	$425
Inventory	N/A	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	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$11.5M+3.9%	$11.1M+3.3%	$10.7M+2.5%	$10.5M+8.8%	$9.6M+9.5%	$8.8M+0.9%	$8.7M-64.8%	$24.8M
Current Liabilities	N/A	$5.3M+6.0%	$5.0M+5.0%	$4.8M+26.7%	$3.8M+26.1%	$3.0M+0.3%	$3.0M+9.5%	$2.7M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$5.7M-8.3%	-$5.3M-7.7%	-$4.9M-2.6%	-$4.8M-27.8%	-$3.8M-26.0%	-$3.0M-0.4%	-$3.0M-9.6%	-$2.7M
Retained Earnings	-$19.4M-5.9%	-$18.3M-5.6%	-$17.3M-1.4%	-$17.1M-8.0%	-$15.8M-5.1%	-$15.0M-0.1%	-$15.0M-2.3%	-$14.7M

CPTKW Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	-$1.1M-304.8%	-$274K+70.2%	-$918K-84.2%	-$498K+76.3%	-$2.1M
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	$250K	N/A	N/A	N/A	-$276.0M
Financing Cash Flow	$859K	N/A	N/A	$564K-99.8%	$278.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$629K-3.2%	-$610K-166.3%	-$229K-24.8%	-$184K-113.1%	-$86K-728.1%	-$10K+66.2%	-$31K+50.0%	-$62K
Capital Expenditures	N/A	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	N/A
Investing Cash Flow	$95K	$0	$0	N/A	N/A	$0-100.0%	$16.5M	$0
Financing Cash Flow	$535K-12.3%	$610K+166.3%	$229K+444.4%	-$67K-177.2%	$86K+728.1%	$10K+100.1%	-$16.5M-26853.7%	$62K
Dividends Paid	N/A	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	N/A

CPTKW Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	-62.6%+43.8pp	-106.5%	N/A
Net Margin	N/A	N/A	15.5%-355.8pp	371.3%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A
Return on Assets	-52.0%-48.5pp	-3.5%-4.7pp	1.2%-4.1pp	5.3%+2.9pp	2.4%
Current Ratio	0.000.0	0.000.0	0.00-0.1	0.07+0.1	0.02
Debt-to-Equity	-2.09+0.9	-2.95+17.8	-20.79+165.4	-186.18-172.5	-13.63
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	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	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-17.8%	N/A	-3.2%+18.0pp	-21.2%-9.1pp	-12.1%	N/A	-2.8%-3.9pp	1.1%
Current Ratio	N/A	0.00-0.0	0.02+0.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00
Debt-to-Equity	-2.01+0.1	-2.09+0.1	-2.180.0	-2.19+0.4	-2.57+0.4	-2.95-0.0	-2.94+6.2	-9.15
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$5.3M), 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 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Is Crown Proptech Acquisitions profitable?

No, Crown Proptech Acquisitions (CPTKW) reported a net income of -$3.0M in fiscal year 2025.

What is Crown Proptech Acquisitions's operating cash flow?

Crown Proptech Acquisitions (CPTKW) generated -$1.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Crown Proptech Acquisitions's total assets?

Crown Proptech Acquisitions (CPTKW) had $5.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What is Crown Proptech Acquisitions's current ratio?

Crown Proptech Acquisitions (CPTKW) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Crown Proptech Acquisitions's debt-to-equity ratio?

Crown Proptech Acquisitions (CPTKW) had a debt-to-equity ratio of -2.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Crown Proptech Acquisitions's return on assets (ROA)?

Crown Proptech Acquisitions (CPTKW) had a return on assets of -52.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Crown Proptech Acquisitions's cash runway?

Based on fiscal year 2025 data, Crown Proptech Acquisitions (CPTKW) had $425 in cash against an annual operating cash burn of $1.1M. 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 Crown Proptech Acquisitions's debt-to-equity ratio negative or unusual?

Crown Proptech Acquisitions (CPTKW) has negative shareholder equity of -$5.3M 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 Crown Proptech Acquisitions's Piotroski F-Score?

Crown Proptech Acquisitions (CPTKW) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Crown Proptech Acquisitions's earnings high quality?

Crown Proptech Acquisitions (CPTKW) has an earnings quality ratio of 0.37x, 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.

How financially healthy is Crown Proptech Acquisitions?

Crown Proptech Acquisitions (CPTKW) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.