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Fifth Era Acquisition Corp I Financials

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

This page shows Fifth Era Acquisition Corp I (FERA) 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

Earnings Quality Low Quality
-0.22x

For every $1 of reported earnings, Fifth Era Acquisition Corp I generates $-0.22 in operating cash flow (-$891K OCF vs $4.1M 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
$4.1M

Fifth Era Acquisition Corp I reported $4.1M in net income in fiscal year 2025.

EPS (Diluted)
$0.15

Fifth Era Acquisition Corp I earned $0.15 per diluted share (EPS) in fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$543K

Fifth Era Acquisition Corp I held $543K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
24M

Fifth Era Acquisition Corp I had 24M shares outstanding in fiscal year 2025.

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

FERA Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25
Revenue N/A N/A N/A N/A 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 $1.5M-0.2% $1.5M N/A N/A $55K
Operating Income -$1.5M+0.2% -$1.5M-1165.7% -$119K N/A -$55K
Interest Expense N/A N/A N/A N/A N/A
Income Tax N/A N/A $0 N/A N/A
Net Income $929K+3.7% $896K+44.1% $622K N/A -$55K
EPS (Diluted) N/A N/A N/A N/A N/A

FERA Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25
Total Assets $236.5M+0.9% $234.3M+1.0% $232.1M+141204.2% $164K N/A
Current Assets $858K-19.6% $1.1M-10.9% $1.2M N/A N/A
Cash & Equivalents $667K-21.6% $851K-16.4% $1.0M N/A N/A
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 $249.3M+1.5% $245.6M+1.5% $241.8M+111776.1% $216K N/A
Current Liabilities $2.7M+86.2% $1.5M+1113.4% $120K-44.3% $216K N/A
Long-Term Debt N/A N/A N/A N/A N/A
Total Equity -$12.7M-13.4% -$11.2M-15.5% -$9.7M-18646.1% -$52K-75.3% -$30K
Retained Earnings -$12.7M-13.4% -$11.2M-15.5% -$9.7M-12552.8% -$77K N/A

FERA Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25
Operating Cash Flow -$184K-9.8% -$167K+59.7% -$416K N/A N/A
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 $0 $0+100.0% -$230.0M N/A N/A
Financing Cash Flow $0 $0-100.0% $231.4M N/A N/A
Dividends Paid N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A

FERA Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25
Gross Margin N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A
Return on Assets 0.4%0.0pp 0.4%+0.1pp 0.3% N/A N/A
Current Ratio 0.32-0.4 0.73-9.2 9.95 N/A N/A
Debt-to-Equity -19.56+2.3 -21.85+3.0 -24.85-20.7 -4.16 N/A
FCF Margin N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$13.3M), 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 (0.23), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Yes, Fifth Era Acquisition Corp I (FERA) reported a net income of $4.1M in fiscal year 2025.

Fifth Era Acquisition Corp I (FERA) reported diluted earnings per share of $0.15 for fiscal year 2025. 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.

Fifth Era Acquisition Corp I (FERA) generated -$891K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Fifth Era Acquisition Corp I (FERA) had $238.6M in total assets as of fiscal year 2025, including both current and long-term assets.

Fifth Era Acquisition Corp I (FERA) had 24M shares outstanding as of fiscal year 2025.

Fifth Era Acquisition Corp I (FERA) had a current ratio of 0.23 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Fifth Era Acquisition Corp I (FERA) had a debt-to-equity ratio of -18.89 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Fifth Era Acquisition Corp I (FERA) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Fifth Era Acquisition Corp I (FERA) had $543K in cash against an annual operating cash burn of $891K. This gives an estimated cash runway of approximately 7 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.

Fifth Era Acquisition Corp I (FERA) has negative shareholder equity of -$13.3M 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.

Fifth Era Acquisition Corp I (FERA) has an earnings quality ratio of -0.22x, 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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