Financial Health Signals
Eureka Acquisition Corp passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
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.
This page shows Eureka Acquisition Corp (EURKU) 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).
Key Financial Metrics
Eureka Acquisition Corp reported $1.4M in net income in fiscal year 2025. This represents an increase of 436.0% from the prior year.
Eureka Acquisition Corp held $51K in cash against $0 in long-term debt as of fiscal year 2025.
Eureka Acquisition Corp spent $29.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
EURKU Income Statement
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| 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 | $418K+66.1% | $251K+34.6% | $187K+22.8% | $152K+418.0% | $29K+8.4% | $27K-52.3% | $57K+967.0% | $5K |
| Operating Income | -$418K-66.1% | -$251K-34.6% | -$187K-22.8% | -$152K-418.0% | -$29K-8.4% | -$27K+52.3% | -$57K-967.0% | -$5K |
| 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 | -$118K-133.4% | $354K-13.1% | $408K-24.7% | $542K+1946.8% | -$29K-8.4% | -$27K+52.3% | -$57K-967.0% | -$5K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
EURKU Balance Sheet
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $32.1M-46.8% | $60.3M+0.8% | $59.8M+0.7% | $59.4M+0.9% | $58.8M | N/A | N/A | $284K |
| Current Assets | $33K-89.7% | $318K-26.6% | $433K-26.6% | $590K-19.6% | $734K | N/A | N/A | $47K |
| Cash & Equivalents | $33K-88.0% | $274K-22.7% | $355K-35.7% | $552K-17.7% | $670K+1748.2% | $36K+178.1% | $13K | N/A |
| 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 | $33.6M-44.1% | $60.2M+2.5% | $58.7M+2.3% | $57.4M+2.5% | $56.0M | N/A | N/A | $264K |
| Current Liabilities | $1.5M-94.9% | $29.7M+33996.8% | $87K+51.4% | $58K+15.6% | $50K | N/A | N/A | $264K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$1.5M-1104.4% | $149K-86.7% | $1.1M-44.5% | $2.0M-29.7% | $2.9M+4560.9% | -$64K-72.9% | -$37K-288.8% | $20K |
| Retained Earnings | -$1.5M | N/A | $1.1M+41.0% | $792K+216.5% | $250K | N/A | N/A | -$5K |
EURKU Cash Flow Statement
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$169K-109.3% | -$81K+59.1% | -$197K-66.7% | -$118K+46.7% | -$222K-1267.2% | -$16K+79.1% | -$78K-1725.4% | -$4K |
| 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 | -$450K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $600K | N/A | N/A | N/A | $58.3M+147672.4% | $39K-56.6% | $91K+2030.9% | $4K |
| 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 |
EURKU Financial Ratios
| Metric | Q1'25 | Q3'25 | Q2'25 | Q1'24 | Q3'24 | Q2'24 | Q1'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| 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 | 238.4%+201.9pp | 36.5%+9.6pp | 26.9% | N/A | N/A | N/A | N/A |
| Return on Assets | -0.4%-1.0pp | 0.6%-0.1pp | 0.7%-0.2pp | 0.9%+11.0pp | -10.1% | N/A | N/A | -1.9% |
| Current Ratio | 0.02+0.0 | 0.01-5.0 | 4.97-5.3 | 10.26-4.5 | 14.77 | N/A | N/A | 0.18 |
| Debt-to-Equity | -22.52-427.4 | 404.84+352.3 | 52.53+24.0 | 28.50+9.0 | 19.54 | N/A | N/A | 13.44 |
| 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.
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Frequently Asked Questions
Is Eureka Acquisition Corp profitable?
Yes, Eureka Acquisition Corp (EURKU) reported a net income of $1.4M in fiscal year 2025.
What is Eureka Acquisition Corp's operating cash flow?
Eureka Acquisition Corp (EURKU) generated -$669K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Eureka Acquisition Corp's total assets?
Eureka Acquisition Corp (EURKU) had $31.4M in total assets as of fiscal year 2025, including both current and long-term assets.
Does Eureka Acquisition Corp buy back shares?
Yes, Eureka Acquisition Corp (EURKU) spent $29.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
What is Eureka Acquisition Corp's current ratio?
Eureka Acquisition Corp (EURKU) had a current ratio of 0.14 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Eureka Acquisition Corp's debt-to-equity ratio?
Eureka Acquisition Corp (EURKU) had a debt-to-equity ratio of -51.28 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Eureka Acquisition Corp's return on assets (ROA)?
Eureka Acquisition Corp (EURKU) had a return on assets of 4.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Eureka Acquisition Corp's cash runway?
Based on fiscal year 2025 data, Eureka Acquisition Corp (EURKU) 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.
Why is Eureka Acquisition Corp's debt-to-equity ratio negative or unusual?
Eureka Acquisition Corp (EURKU) has negative shareholder equity of -$625K 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 Eureka Acquisition Corp's Piotroski F-Score?
Eureka Acquisition Corp (EURKU) has a Piotroski F-Score of 2 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Eureka Acquisition Corp's earnings high quality?
Eureka Acquisition Corp (EURKU) 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.