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Fifth Era Acquisition I Units (FERAU) Financials

FERAU NASDAQ
Trailing 12 months to June 30, 2026
Revenue Not reported for the trailing 12 months
Net Income $5.2M YoY not available
EPS (Diluted) Not reported for the trailing 12 months
Operating Cash Flow -$693K YoY not available
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

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).

Rhea AI FERAU FY2025

Reported profits do not describe an operating business: financing and investment flows dominate, while liabilities exceed assets.

The positive net income of $4.1M coexists with operating cash flow of -$891K, showing that reported earnings did not translate into cash from operations in FY2025. Meanwhile, investing outflows of $230.0M were nearly matched by financing inflows of $231.4M, making capital movement—not operating revenue—the main visible activity.

Liabilities of $251.9M exceed assets of $238.6M, leaving negative equity; the balance sheet therefore describes a vehicle carrying a large liability base rather than an operating company funded primarily by retained assets.

A 0.2x current ratio indicates limited current-asset coverage for near-term obligations. With no revenue figure supplied, the positive earnings result cannot be interpreted as evidence of sales economics; its contrast with operating cash flow points instead to investment-vehicle accounting and financing activity.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

We do not publish a peer-relative financial health score for Fifth Era Acquisition Corp I Units, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Net Income
$1.3M
YoY+46.9%
QoQ+1.9%

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%.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$158K
YoY-81.5%
QoQ-57.4%

Fifth Era Acquisition Corp I Units held $158K in cash as of Q2 2026; no long-term debt figure is on record for that period.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Shares Outstanding

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.

FERAU quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
SG&A Expenses$808K-46.5%$800K+570.4%$589K$1.5M+2659.5%$1.5M$119KN/A$55K
Operating Income-$808Kn/m-$800Kn/m-$589K-$1.5Mn/m-$1.5M-$119KN/A-$55K
Income TaxN/A$0n/mN/AN/AN/A$0N/AN/A
Net Income$1.3M+46.9%$1.3M+107.8%$1.7M$929Kn/m$896K$622KN/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.

FERAU quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$242.4M+3.4%$240.5M+3.6%$238.6M+145162.8%$236.5M$234.3M$232.1M$164KN/A
Current Assets$312K-70.7%$580K-51.6%$703K$858K$1.1M$1.2MN/AN/A
Cash & Equivalents$158K-81.5%$370K-63.7%$543K$667K$851K$1.0MN/AN/A
Short-Term Investments$0n/m$0n/m$0$0$0$0N/AN/A
Long-Term Investments$0n/m$0n/m$0$0$0$0N/AN/A
Total Liabilities$257.3M+4.8%$254.7M+5.3%$251.9M+116452.3%$249.3M$245.6M$241.8M$216KN/A
Current Liabilities$4.3M+194.7%$3.8M+3026.8%$3.1M+1340.5%$2.7M$1.5M$120K$216KN/A
Non-Current Liabilities$253.0M+3.7%$250.9M+3.8%$248.8Mn/m$246.5M$244.1M$241.7M$0N/A
Total Equity-$14.9Mn/m-$14.1Mn/m-$13.3Mn/m-$12.7Mn/m-$11.2M-$9.7M-$52K-$30K
Retained Earnings-$14.9Mn/m-$14.1Mn/m-$13.3Mn/m-$12.7M-$11.2M-$9.7M-$77KN/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.

FERAU quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$212Kn/m-$173Kn/m-$124K-$184K-$167K-$416KN/AN/A
Investing Cash FlowN/AN/A$0$0$0-$230.0MN/AN/A
Financing Cash FlowN/AN/A$0$0$0$231.4MN/AN/A

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.

FERAU quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Return on Assets0.5%+0.2pp0.5%+0.3pp0.7%0.4%0.4%0.3%N/AN/A
Current Ratio0.07-0.7x0.15-9.8x0.230.320.739.95N/AN/A

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Liabilities-to-Equity, Asset Turnover, FCF Margin.

Note: Shareholder equity is negative (-$13.3M), which causes the debt-to-equity, liabilities-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. Market cap is stated at each company's latest close.

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 —
New Providence Acquisition Corp. III NPAC FY2025 N/A $7.7M N/A $405.0M —
Republic Digital Acquisition Company Unit RDAGU FY2025 N/A $7.7M N/A N/A —
Cohen Circle Acquisition Corp. II Unit CCIIU FY2025 N/A $4.4M N/A N/A —
Stellar V Capital Corp. Unit SVCCU FY2025 N/A $5.3M N/A N/A —

Frequently Asked Questions

Yes, Fifth Era Acquisition Corp I Units (FERAU) reported a net income of $5.2M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $4.1M.

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.

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.

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.

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.

Fifth Era Acquisition Corp I Units (FERAU) has negative shareholder equity of -$13.3M as of fiscal year 2025, so no debt-to-equity or liabilities-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.

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