FG Merger II Corp Financials
This page shows FG Merger II Corp (FGMC) 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
For every $1 of reported earnings, FG Merger II Corp generates $0.39 in operating cash flow (-$10K OCF vs -$26K 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
FG Merger II Corp reported -$26K in net income in fiscal year 2024.
FG Merger II Corp held $46K in cash against $0 in long-term debt as of fiscal year 2024.
FG Merger II Corp had 2M shares outstanding in fiscal year 2024.
FGMC Income Statement
| Metric | Q3'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|
| 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 | $593K+2432.1% | $23K+2544.4% | $885-31.8% | $1K+846.7% | $137 |
| Operating Income | -$593K-2432.1% | -$23K-2544.4% | -$885+31.8% | -$1K | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $178K | N/A | N/A | N/A | $0 |
| Net Income | $77K+29148.5% | -$266+69.9% | -$885+31.8% | -$1K+27.2% | -$2K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | $-0.00 |
FGMC Balance Sheet
| Metric | Q3'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|
| Total Assets | $82.5M+48735.7% | $169K | N/A | N/A | $171K |
| Current Assets | $699K+313.6% | $169K | N/A | N/A | N/A |
| Cash & Equivalents | $579K+1150.5% | $46K-15.5% | $55K-2.3% | $56K-0.3% | $56K |
| 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 | $82.3M+47856.5% | $172K | N/A | N/A | $148K |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $224K+8607.2% | -$3K-112.5% | $21K-4.0% | $22K-5.6% | $23K |
| Retained Earnings | $224K+863.4% | -$29K | N/A | N/A | -$2K |
FGMC Cash Flow Statement
| Metric | Q3'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|
| Operating Cash Flow | $283K+4245.1% | -$7K-420.8% | -$1K-574.7% | -$194+99.8% | -$94K |
| 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 | -$222K | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $0 | N/A | N/A | N/A | $150K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
FGMC Financial Ratios
| Metric | Q3'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|
| 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 | 34.5% | N/A | N/A | N/A | N/A |
| Return on Assets | 0.1%+0.3pp | -0.2% | N/A | N/A | -1.0% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 367.67+432.9 | -65.22 | N/A | N/A | 6.36 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$3K), 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.
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Frequently Asked Questions
Is FG Merger II Corp profitable?
No, FG Merger II Corp (FGMC) reported a net income of -$26K in fiscal year 2024.
What is FG Merger II Corp's earnings per share (EPS)?
FG Merger II Corp (FGMC) reported diluted earnings per share of $-0.01 for fiscal year 2024. 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.
What is FG Merger II Corp's operating cash flow?
FG Merger II Corp (FGMC) generated -$10K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are FG Merger II Corp's total assets?
FG Merger II Corp (FGMC) had $169K in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does FG Merger II Corp have outstanding?
FG Merger II Corp (FGMC) had 2M shares outstanding as of fiscal year 2024.
What is FG Merger II Corp's debt-to-equity ratio?
FG Merger II Corp (FGMC) had a debt-to-equity ratio of -65.22 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is FG Merger II Corp's return on assets (ROA)?
FG Merger II Corp (FGMC) had a return on assets of -15.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is FG Merger II Corp's cash runway?
Based on fiscal year 2024 data, FG Merger II Corp (FGMC) had $46K in cash against an annual operating cash burn of $10K. This gives an estimated cash runway of approximately 56 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 FG Merger II Corp's debt-to-equity ratio negative or unusual?
FG Merger II Corp (FGMC) has negative shareholder equity of -$3K as of fiscal year 2024, 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.
Are FG Merger II Corp's earnings high quality?
FG Merger II Corp (FGMC) has an earnings quality ratio of 0.39x, 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.