FOUR LEAF ACQ CORP A (FORL) Financials
Newest figures come from the 10-Q for Q2 FY2025, filed Aug 27, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FORL SEC filings page.
FOUR LEAF ACQ CORP A (FORL) reported $2.2M in revenue for fiscal year 2024, down 0.4% from the prior fiscal year. This page shows its 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).
Transaction-driven financing and investing flows reshape the business while recurring operations consume cash and leave the balance sheet constrained.
Earnings quality weakened: FY2024 reported net income of$403K alongside an operating loss of$1.4M and operating cash outflow of$1.9M , so the positive bottom line did not come from the core operating result. Revenue was nearly unchanged from FY2023 to FY2024, yet the operating margin moved from-48.6% to-61.4% , indicating worsening operating economics rather than a volume-led expansion.
Negative equity deepened from
Cash-flow statement movements dominate the reported scale: FY2023 included investing outflows of
Financial Health Signals
FOUR LEAF ACQ CORP A 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.
FOUR LEAF ACQ CORP A passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, FOUR LEAF ACQ CORP A used $4.64 of operating cash (-$1.9M OCF vs $403K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
FOUR LEAF ACQ CORP A reported -$89K in net income in Q2 2025. This represents a decrease of 153.3% from the same quarter a year earlier. Against the prior quarter it is down 50.0%.
Not reported for Q2 2025.
Not reported for Q2 2025.
Not reported for Q2 2025.
Cash & Balance Sheet
FOUR LEAF ACQ CORP A held $10K in cash as of Q2 2025; long-term debt is not reported for that period.
Not reported for Q2 2025.
Not reported for Q2 2025.
Margins & Returns
None of these metrics is reported for Q2 2025.
Capital Allocation
None of these metrics is reported for Q2 2025.
FORL 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 | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $316K-58.2% | N/A | N/A | N/A | $758K+1126.0% | N/A | N/A |
| Operating Income | -$344K+18.9% | -$315K+30.4% | N/A | -$175K+43.6% | -$424K-67.5% | -$452K-674.9% | N/A | -$310K-387096.3% |
| Income Tax | $66K-55.2% | $61K-65.2% | N/A | $74K-50.1% | $147K+9.4% | $175K+2385.0% | N/A | $149K |
| Net Income | -$89K-153.3% | -$59K-145.4% | N/A | $131K-52.8% | $167K-63.2% | $131K+405.3% | N/A | $278K+347976.3% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
FORL 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 | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $31.3M+6.4% | $30.7M-48.3% | $30.2M-48.1% | $29.7M-48.2% | $29.5M-48.1% | $59.4M+5.7% | $58.1M+8009.6% | $57.4M |
| Current Assets | $20.0M+35371.2% | $49K-40.9% | $63K+4.9% | $179K+41.8% | $56K-72.7% | $83K-74.0% | $60K+421.2% | $126K |
| Cash & Equivalents | $10K+1037.4% | $1K-75.9% | $28K+167.4% | $126K+2667.7% | $862-99.4% | $5K-98.2% | $11K+729.8% | $5K+255.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $11.4M | $30.7M | $30.1M-48.1% | $0 | $0 | $0 | $58.1M | $0 |
| Total Liabilities | $38.0M+11.9% | $36.6M-42.1% | $35.5M-40.2% | $34.6M-38.9% | $33.9M-37.0% | $63.2M+22.4% | $59.4M+8414.5% | $56.6M |
| Current Liabilities | $25.0M+728.6% | $4.2M+58.3% | $3.6M+146.8% | $3.1M+242.5% | $3.0M+457.9% | $2.7M+502.7% | $1.5M+110.5% | $919K |
| Non-Current Liabilities | $13.0M-58.0% | $32.4M-46.5% | $31.9M-44.9% | $31.4M-43.5% | $30.9M-42.0% | $60.5M+18.3% | $58.0M | $55.7M |
| Total Equity | -$6.6M-48.1% | -$5.9M-58.2% | -$5.4M-309.1% | -$4.8M-670.1% | -$4.5M-256.6% | -$3.7M-180.1% | -$1.3M-7108.1% | $851K+4477.9% |
| Retained Earnings | -$6.6M-48.1% | -$5.9M-58.2% | -$5.4M-309.1% | -$4.8M-810.6% | -$4.5M-1208.4% | -$3.7M-7464.4% | -$1.3M-20677.6% | $682K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
FORL 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.
| Metric | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$331K+55.3% | -$158K+51.4% | -$268K-56.5% | -$535K-188.4% | -$741K-654.6% | -$325K-2623.3% | -$171K-13774.4% | -$186K-2208.1% |
| Investing Cash Flow | -$225K-100.7% | -$225K+58.5% | -$225K | $239K | $30.7M | -$542K+99.0% | $0 | $0 |
| Financing Cash Flow | $565K+101.9% | $356K-58.7% | $395K+123.2% | $421K+905.1% | -$29.9M-76969.9% | $862K-98.5% | $177K+14260.0% | $42K+203.9% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
FORL 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.
| Metric | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | N/A | -99.5%-39.8pp | N/A | N/A | N/A | -59.7%+34.8pp | N/A | N/A |
| Net Margin | N/A | -18.7%-35.9pp | N/A | N/A | N/A | 17.2%+86.4pp | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 32.7%+33.1pp |
| Return on Assets | -0.3%-0.9pp | -0.2%-0.4pp | N/A | 0.4%0.0pp | 0.6%-0.2pp | 0.2%+0.3pp | N/A | 0.5% |
| Current Ratio | 0.80+0.8x | 0.010.0x | 0.020.0x | 0.06-0.1x | 0.02-0.4x | 0.03-0.7x | 0.040.0x | 0.14 |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 66.52 |
| Asset Turnover | N/A | 0.010.0x | N/A | N/A | N/A | 0.010.0x | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, FCF Margin.
Note: Shareholder equity is negative (-$5.4M), 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 (0.02), 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 |
|---|---|---|---|---|---|---|
| FOUR LEAF ACQ CORP A FORL | FY2024 | $2.2M | $403K | 18.2% | $26.1M | — |
| Bowen Acquisition Corp BOWN | FY2024 | N/A | $3.0M | N/A | $27.7M | — |
| M3-Brigade Acquisition V Corp. Warrant MBAVW | FY2025 | N/A | $5.8M | N/A | N/A | — |
| DT Cloud Acquisition Corporation DYCQ | FY2024 | N/A | $2.3M | N/A | $32.4M | — |
Where FOUR LEAF ACQ CORP A Ranks
Frequently Asked Questions
What is FOUR LEAF ACQ CORP A's annual revenue?
FOUR LEAF ACQ CORP A (FORL) reported $2.2M in total revenue for fiscal year 2024. This represents a -0.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is FOUR LEAF ACQ CORP A's revenue growing?
FOUR LEAF ACQ CORP A (FORL) revenue declined by 0.4% year-over-year, from $2.2M to $2.2M in fiscal year 2024.
Is FOUR LEAF ACQ CORP A profitable?
Yes, FOUR LEAF ACQ CORP A (FORL) reported a net income of $403K in fiscal year 2024, with a net profit margin of 18.2%.
What is FOUR LEAF ACQ CORP A's operating margin?
FOUR LEAF ACQ CORP A (FORL) had an operating margin of -61.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is FOUR LEAF ACQ CORP A's net profit margin?
FOUR LEAF ACQ CORP A (FORL) had a net profit margin of 18.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is FOUR LEAF ACQ CORP A's operating cash flow?
FOUR LEAF ACQ CORP A (FORL) recorded an outflow of $1.9M in operating cash flow during fiscal year 2024, representing cash used by core business activities.
What are FOUR LEAF ACQ CORP A's total assets?
FOUR LEAF ACQ CORP A (FORL) had $30.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What is FOUR LEAF ACQ CORP A's current ratio?
FOUR LEAF ACQ CORP A (FORL) had a current ratio of 0.02 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is FOUR LEAF ACQ CORP A's return on assets (ROA)?
FOUR LEAF ACQ CORP A (FORL) had a return on assets of 1.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
Why is FOUR LEAF ACQ CORP A's debt-to-equity ratio negative or not reported?
FOUR LEAF ACQ CORP A (FORL) has negative shareholder equity of -$5.4M as of fiscal year 2024, 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.
What is FOUR LEAF ACQ CORP A's Piotroski F-Score?
FOUR LEAF ACQ CORP A (FORL) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are FOUR LEAF ACQ CORP A's earnings high quality?
For every $1 of reported earnings, FOUR LEAF ACQ CORP A (FORL) used $4.64 of operating cash (-$1.9M OCF vs $403K 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.