Fifth Era Acquisition Corp I Units (FERAU) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FERAU SEC filings page.
This page shows Fifth Era Acquisition Corp I Units (FERAU) 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).
Transaction financing dominates the reported structure, with liabilities exceeding assets and limited current liquidity
The balance sheet combines$238.6M of assets with$251.9M of liabilities, producing-$13.3M of equity and a 0.2x current ratio; this points to obligations concentrated beyond readily available current assets. Meanwhile, net income of$4.1M contrasts with a$3.7M operating loss, indicating that reported profitability came from below-operating items rather than the core operating result.
Cash activity reflects a financing-and-deployment vehicle more than an operating business:
The company reports negative equity despite a modest 1.7% return on assets; that return is therefore not evidence of a conventional asset-backed operating model, because the asset base is supported by liabilities rather than shareholder capital.
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
Fifth Era Acquisition Corp I Units 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.
For every $1 of reported earnings, Fifth Era Acquisition Corp I Units used $0.22 of operating cash (-$891K OCF vs $4.1M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Fifth Era Acquisition Corp I Units reported $1.3M in net income in Q2 2026. This represents an increase of 46.9% from the same quarter a year earlier. Against the prior quarter it is up 1.9%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Fifth Era Acquisition Corp I Units held $158K 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.
FERAU 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 | $808K-46.5% | $800K+570.4% | N/A | $1.5M+2659.5% | $1.5M | $119K | N/A | $55K |
| Operating Income | -$808K+46.5% | -$800K-570.4% | N/A | -$1.5M-2659.5% | -$1.5M | -$119K | N/A | -$55K |
| Income Tax | N/A | $0 | N/A | N/A | N/A | $0 | N/A | N/A |
| Net Income | $1.3M+46.9% | $1.3M+107.8% | N/A | $929K+1801.4% | $896K | $622K | N/A | -$55K |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
FERAU 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 | $242.4M+3.4% | $240.5M+3.6% | $238.6M+145162.8% | $236.5M | $234.3M | $232.1M | $164K | N/A |
| Current Assets | $312K-70.7% | $580K-51.6% | $703K | $858K | $1.1M | $1.2M | N/A | N/A |
| Cash & Equivalents | $158K-81.5% | $370K-63.7% | $543K | $667K | $851K | $1.0M | 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 | $257.3M+4.8% | $254.7M+5.3% | $251.9M+116452.3% | $249.3M | $245.6M | $241.8M | $216K | N/A |
| Current Liabilities | $4.3M+194.7% | $3.8M+3026.8% | $3.1M+1340.5% | $2.7M | $1.5M | $120K | $216K | N/A |
| Non-Current Liabilities | $253.0M+3.7% | $250.9M+3.8% | $248.8M | $246.5M | $244.1M | $241.7M | $0 | N/A |
| Total Equity | -$14.9M-33.0% | -$14.1M-45.3% | -$13.3M-25593.1% | -$12.7M-42954.0% | -$11.2M | -$9.7M | -$52K | -$30K |
| Retained Earnings | -$14.9M-32.9% | -$14.1M-45.3% | -$13.3M-17241.3% | -$12.7M | -$11.2M | -$9.7M | -$77K | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
FERAU 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.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
FERAU 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, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.
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.
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 |
|---|---|---|---|---|---|---|
| Fifth Era Acquisition Corp I Units FERAU | FY2025 | N/A | $4.1M | N/A | N/A | — |
| Charlton Aria Acquisition Corporation Units CHARU | FY2025 | N/A | $3.0M | N/A | N/A | — |
| DT Cloud Acquisition Corporation Unit DYCQU | FY2024 | N/A | $2.3M | N/A | N/A | — |
| Centurion Acquisition Corp. Unit ALFUU | FY2025 | N/A | $11.7M | N/A | N/A | — |
| Centurion Acquisition Corp. Warrant ALFUW | FY2025 | N/A | $11.7M | N/A | N/A | — |
| A SPAC III Acquisition Corp. Unit ASPCU | FY2025 | N/A | $1.3M | N/A | N/A | — |
Where Fifth Era Acquisition Corp I Units Ranks
Frequently Asked Questions
Is Fifth Era Acquisition Corp I Units profitable?
Yes, Fifth Era Acquisition Corp I Units (FERAU) reported a net income of $4.1M in fiscal year 2025.
What is Fifth Era Acquisition Corp I Units's operating cash flow?
Fifth Era Acquisition Corp I Units (FERAU) recorded an outflow of $891K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Fifth Era Acquisition Corp I Units's total assets?
Fifth Era Acquisition Corp I Units (FERAU) had $238.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Fifth Era Acquisition Corp I Units's current ratio?
Fifth Era Acquisition Corp I Units (FERAU) had a current ratio of 0.23 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Fifth Era Acquisition Corp I Units's return on assets (ROA)?
Fifth Era Acquisition Corp I Units (FERAU) had a return on assets of 1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Fifth Era Acquisition Corp I Units's debt-to-equity ratio negative or not reported?
Fifth Era Acquisition Corp I Units (FERAU) has negative shareholder equity of -$13.3M 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.
Are Fifth Era Acquisition Corp I Units's earnings high quality?
For every $1 of reported earnings, Fifth Era Acquisition Corp I Units (FERAU) used $0.22 of operating cash (-$891K OCF vs $4.1M 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.