FOUR LEAF ACQUISITION CORP Financials
This page shows FOUR LEAF ACQUISITION CORP (FORLW) financial statements, including the 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
FOUR LEAF ACQUISITION CORP has an operating margin of -61.4%, meaning the company retains $-61 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -48.6% the prior year.
FOUR LEAF ACQUISITION CORP's revenue declined 0.4% year-over-year, from $2.2M to $2.2M. This contraction results in a growth score of 28/100.
FOUR LEAF ACQUISITION CORP's current ratio of 0.02 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
FOUR LEAF ACQUISITION CORP generates a -7.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -63.7% the prior year.
FOUR LEAF ACQUISITION CORP passes 2 of 9 financial strength tests. 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 ACQUISITION CORP generates $-4.64 in operating cash flow (-$1.9M OCF vs $403K 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
FOUR LEAF ACQUISITION CORP generated $2.2M in revenue in fiscal year 2024. This represents a decrease of 0.4% from the prior year.
FOUR LEAF ACQUISITION CORP reported $403K in net income in fiscal year 2024. This represents a decrease of 51.7% from the prior year.
FOUR LEAF ACQUISITION CORP held $28K in cash against $0 in long-term debt as of fiscal year 2024.
FOUR LEAF ACQUISITION CORP's operating margin was -61.4% in fiscal year 2024, reflecting core business profitability. This is down 12.8 percentage points from the prior year.
FOUR LEAF ACQUISITION CORP's net profit margin was 18.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 19.3 percentage points from the prior year.
FOUR LEAF ACQUISITION CORP's ROE was -7.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 56.2 percentage points from the prior year.
FORLW Income Statement
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $316K | N/A | N/A | N/A | $758K | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$344K-9.2% | -$315K | N/A | -$175K+58.8% | -$424K+6.3% | -$452K | N/A | -$310K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $66K+7.9% | $61K | N/A | $74K-49.4% | $147K-16.2% | $175K | N/A | $149K |
| Net Income | -$89K-50.0% | -$59K | N/A | $131K-21.1% | $167K+27.6% | $131K | N/A | $278K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FORLW Balance Sheet
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $31.3M+2.1% | $30.7M+1.7% | $30.2M+1.5% | $29.7M+0.9% | $29.5M-50.4% | $59.4M+2.3% | $58.1M+1.2% | $57.4M |
| Current Assets | $20.0M+40444.8% | $49K-22.2% | $63K-64.5% | $179K+216.8% | $56K-32.5% | $83K+38.1% | $60K-52.0% | $126K |
| Cash & Equivalents | $10K+675.6% | $1K-95.6% | $28K-77.5% | $126K+14515.5% | $862-83.6% | $5K-50.6% | $11K+133.3% | $5K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $38.0M+3.8% | $36.6M+2.9% | $35.5M+2.8% | $34.6M+1.9% | $33.9M-46.2% | $63.2M+6.3% | $59.4M+5.1% | $56.6M |
| Current Liabilities | $25.0M+493.1% | $4.2M+16.2% | $3.6M+15.2% | $3.1M+4.4% | $3.0M+13.3% | $2.7M+81.1% | $1.5M+59.9% | $919K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$6.6M-12.9% | -$5.9M-9.6% | -$5.4M-10.5% | -$4.8M-8.3% | -$4.5M-20.6% | -$3.7M-183.4% | -$1.3M-254.0% | $851K |
| Retained Earnings | -$6.6M-12.9% | -$5.9M-9.6% | -$5.4M-10.5% | -$4.8M-8.3% | -$4.5M-20.6% | -$3.7M-183.4% | -$1.3M-292.0% | $682K |
FORLW Cash Flow Statement
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$331K-109.6% | -$158K+40.9% | -$268K+50.0% | -$535K+27.8% | -$741K-127.8% | -$325K-90.4% | -$171K+7.9% | -$186K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$225K0.0% | -$225K0.0% | -$225K-194.1% | $239K-99.2% | $30.7M+5760.6% | -$542K | $0 | $0 |
| Financing Cash Flow | $565K+58.7% | $356K-9.9% | $395K-6.2% | $421K+101.4% | -$29.9M-3574.0% | $862K+387.1% | $177K+322.6% | $42K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FORLW Financial Ratios
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | -99.5% | N/A | N/A | N/A | -59.7% | N/A | N/A |
| Net Margin | N/A | -18.7% | N/A | N/A | N/A | 17.2% | N/A | N/A |
| Return on Equity | 1.3%+0.3pp | 1.0% | N/A | -2.7%+1.0pp | -3.7%-0.2pp | -3.5% | N/A | 32.7% |
| Return on Assets | -0.3%-0.1pp | -0.2% | N/A | 0.4%-0.1pp | 0.6%+0.4pp | 0.2% | N/A | 0.5% |
| Current Ratio | 0.80+0.8 | 0.010.0 | 0.02-0.0 | 0.06+0.0 | 0.02-0.0 | 0.030.0 | 0.04-0.1 | 0.14 |
| Debt-to-Equity | -5.73+0.5 | -6.23+0.4 | -6.63+0.5 | -7.13+0.4 | -7.58+9.4 | -17.01+28.4 | -45.37-111.9 | 66.52 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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.
Frequently Asked Questions
What is FOUR LEAF ACQUISITION CORP's annual revenue?
FOUR LEAF ACQUISITION CORP (FORLW) 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 ACQUISITION CORP's revenue growing?
FOUR LEAF ACQUISITION CORP (FORLW) revenue declined by 0.4% year-over-year, from $2.2M to $2.2M in fiscal year 2024.
Is FOUR LEAF ACQUISITION CORP profitable?
Yes, FOUR LEAF ACQUISITION CORP (FORLW) reported a net income of $403K in fiscal year 2024, with a net profit margin of 18.2%.
What is FOUR LEAF ACQUISITION CORP's operating margin?
FOUR LEAF ACQUISITION CORP (FORLW) 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 ACQUISITION CORP's net profit margin?
FOUR LEAF ACQUISITION CORP (FORLW) 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 ACQUISITION CORP's return on equity (ROE)?
FOUR LEAF ACQUISITION CORP (FORLW) has a return on equity of -7.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is FOUR LEAF ACQUISITION CORP's operating cash flow?
FOUR LEAF ACQUISITION CORP (FORLW) generated -$1.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are FOUR LEAF ACQUISITION CORP's total assets?
FOUR LEAF ACQUISITION CORP (FORLW) had $30.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What is FOUR LEAF ACQUISITION CORP's current ratio?
FOUR LEAF ACQUISITION CORP (FORLW) 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 ACQUISITION CORP's debt-to-equity ratio?
FOUR LEAF ACQUISITION CORP (FORLW) had a debt-to-equity ratio of -6.63 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is FOUR LEAF ACQUISITION CORP's return on assets (ROA)?
FOUR LEAF ACQUISITION CORP (FORLW) had a return on assets of 1.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is FOUR LEAF ACQUISITION CORP's cash runway?
Based on fiscal year 2024 data, FOUR LEAF ACQUISITION CORP (FORLW) had $28K in cash against an annual operating cash burn of $1.9M. This gives an estimated cash runway of approximately 0 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 FOUR LEAF ACQUISITION CORP's debt-to-equity ratio negative or unusual?
FOUR LEAF ACQUISITION CORP (FORLW) has negative shareholder equity of -$5.4M 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.
What is FOUR LEAF ACQUISITION CORP's Piotroski F-Score?
FOUR LEAF ACQUISITION CORP (FORLW) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are FOUR LEAF ACQUISITION CORP's earnings high quality?
FOUR LEAF ACQUISITION CORP (FORLW) has an earnings quality ratio of -4.64x, 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.
How financially healthy is FOUR LEAF ACQUISITION CORP?
FOUR LEAF ACQUISITION CORP (FORLW) scores 7 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.