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Eureka Acquisition Corp Financials

EURKR
Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE September

This page shows Eureka Acquisition Corp (EURKR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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 EURKR FY2025

Reported profit masks a business whose visible activity is capital recycling and admin spend, not revenue generation.

In FY2025, net income of $1.37M sat beside an operating loss of -$860K and operating cash outflow of -$669K; paired with equity falling from $2.86M in FY2024 to -$625K, that says the year’s profit did not come from a self-funding operating engine. The bigger balance-sheet move was assets dropping from $58.8M to $31.4M while liabilities still slightly exceeded assets at $32.1M, so the company became smaller and less buffered even as headline earnings stayed positive.

Short-term liquidity deteriorated faster than the balance sheet headline suggests: cash fell from $670K to $51K and the current ratio moved from 14.8x to 0.1x, meaning near-term obligations became much less covered by liquid resources.

Cash flows show asset unwinding more than business reinvestment: FY2025 had an investing inflow of $29.0M almost matched by a financing outflow of -$29.0M, while recurring SG&A rose to $860K without any reported revenue base. That pattern makes the operating cost structure look like a carrying cost on capital rather than spending in support of an active sales engine.

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Financial Health Signals

Financial health score pending refresh

We are recalculating Eureka Acquisition Corp's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial
2/5

Eureka Acquisition Corp passes 2 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality
-0.49x

For every $1 of reported earnings, Eureka Acquisition Corp generates $-0.49 in operating cash flow (-$669K OCF vs $1.4M 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

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Earnings & Revenue

Revenue
N/A
EBITDA
N/A
Net Income
$1.4M
YoY+436.0%

Eureka Acquisition Corp reported $1.4M in net income in fiscal year 2025. This represents an increase of 436.0% from the prior year.

EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$51K
YoY-92.3%

Eureka Acquisition Corp held $51K 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
$29.5M

Eureka Acquisition Corp spent $29.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
N/A

EURKR Income Statement

Metric Q3'26 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 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 $199K+61.4% $124K-70.4% $418K N/A $251K+34.6% $187K+22.8% $152K N/A
Operating Income -$199K-61.4% -$124K+70.4% -$418K N/A -$251K-34.6% -$187K-22.8% -$152K N/A
Interest Expense N/A 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 N/A
Net Income $79K-47.0% $149K+226.3% -$118K N/A $354K-13.1% $408K-24.7% $542K N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A N/A

EURKR Balance Sheet

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Total Assets $33.6M+1.9% $33.0M+2.8% $32.1M+2.2% $31.4M-47.9% $60.3M+0.8% $59.8M+0.7% $59.4M+0.9% $58.8M
Current Assets $98K-51.8% $203K+518.9% $33K-67.0% $99K-68.8% $318K-26.6% $433K-26.6% $590K-19.6% $734K
Cash & Equivalents $23K-85.0% $152K+362.3% $33K-36.2% $51K-81.2% $274K-22.7% $355K-35.7% $552K-17.7% $670K
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 $33.2M-5.4% $35.1M+4.4% $33.6M+4.8% $32.1M-46.7% $60.2M+2.5% $58.7M+2.3% $57.4M+2.5% $56.0M
Current Liabilities $33.2M+1363.0% $2.3M+48.7% $1.5M+110.6% $725K-97.6% $29.7M+33996.8% $87K+51.4% $58K+15.6% $50K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$2.7M-31.4% -$2.1M-38.4% -$1.5M-138.8% -$625K-520.7% $149K-86.7% $1.1M-44.5% $2.0M-29.7% $2.9M
Retained Earnings -$2.7M-31.4% -$2.1M-38.4% -$1.5M-138.7% -$625K N/A $1.1M+41.0% $792K+216.5% $250K

EURKR Cash Flow Statement

Metric Q3'26 Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24
Operating Cash Flow -$154K+33.4% -$231K-37.1% -$169K+38.2% -$273K-238.4% -$81K+59.1% -$197K-66.7% -$118K+46.7% -$222K
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 -$450K0.0% -$450K0.0% -$450K N/A N/A N/A N/A N/A
Financing Cash Flow $475K-40.6% $800K+33.3% $600K N/A N/A N/A N/A $58.3M
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

EURKR Financial Ratios

Metric Q3'26 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 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 238.4%+201.9pp 36.5%+9.6pp 26.9% N/A
Return on Assets 0.2%-0.2pp 0.4%+0.8pp -0.4% N/A 0.6%-0.1pp 0.7%-0.2pp 0.9% N/A
Current Ratio 0.00-0.1 0.09+0.1 0.02-0.1 0.14+0.1 0.01-5.0 4.97-5.3 10.26-4.5 14.77
Debt-to-Equity N/A N/A N/A N/A 404.84+352.3 52.53+24.0 28.50+9.0 19.54
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$625K), 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 (0.14), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Yes, Eureka Acquisition Corp (EURKR) reported a net income of $1.4M in fiscal year 2025.

Eureka Acquisition Corp (EURKR) generated -$669K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Eureka Acquisition Corp (EURKR) had $31.4M in total assets as of fiscal year 2025, including both current and long-term assets.

Yes, Eureka Acquisition Corp (EURKR) spent $29.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Eureka Acquisition Corp (EURKR) had a current ratio of 0.14 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Eureka Acquisition Corp (EURKR) had a return on assets of 4.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Eureka Acquisition Corp (EURKR) had $51K in cash against an annual operating cash burn of $669K. This gives an estimated cash runway of approximately 1 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.

Eureka Acquisition Corp (EURKR) has negative shareholder equity of -$625K as of fiscal year 2025, 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.

Eureka Acquisition Corp (EURKR) has a Piotroski F-Score of 2 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.

Eureka Acquisition Corp (EURKR) has an earnings quality ratio of -0.49x, 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.

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