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FutureTech II Acquisition Corp. (FTII) Financials

FTII
FY2024 annual
Revenue Not reported for FY2024
Net Income -$747K -125.7% YoY
EPS (Diluted) Not reported for FY2024
Operating Cash Flow -$1.9M -9.0% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2025, ended Jun 30, 2025 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2025, filed Aug 22, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FTII SEC filings page.

This page shows FutureTech II Acquisition Corp. (FTII) 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

Financial health score not available

FutureTech II Acquisition Corp. 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.

Piotroski F-Score Partial
0/5

FutureTech II Acquisition Corp. passes 0 of 5 computable financial strength tests (4 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality No Cash Backing
N/A

FutureTech II Acquisition Corp. reported a net loss of $747K while operations used $1.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Net Income
-$81K
YoY-81.4%
QoQ+72.2%

FutureTech II Acquisition Corp. reported -$81K in net income in Q2 2025. This represents a decrease of 81.4% from the same quarter a year earlier. Against the prior quarter it is up 72.2%.

Revenue

Not reported for Q2 2025.

EBITDA

Not reported for Q2 2025.

EPS (Diluted)

Not reported for Q2 2025.

Cash & Balance Sheet

Cash & Debt
$161K
YoY+33665.3%
QoQ+23.1%

FutureTech II Acquisition Corp. held $161K in cash as of Q2 2025; long-term debt is not reported for that period.

Shares Outstanding
4M

FutureTech II Acquisition Corp. had 4M shares outstanding in Q2 2025.

Free Cash Flow

Not reported for Q2 2025.

Dividends Per Share

Not reported for Q2 2025.

Margins & Returns

None of these metrics is reported for Q2 2025.

Capital Allocation

Share Buybacks
$0
QoQ-100.0%

FutureTech II Acquisition Corp. repurchased no shares in Q2 2025. Against the prior quarter it is down 100.0%.

R&D Spending

Not reported for Q2 2025.

Capital Expenditures

Not reported for Q2 2025.

FTII 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.

FTII quarterly income statement
MetricQ2'2510-QQ1'2510-QQ4'2410-QQ3'2410-QQ2'2410-QQ1'2410-QQ4'2310-KQ3'2310-Q
SG&A Expenses$59K-71.3%$374K+61.9%N/A$287K+15.2%$205K-21.3%$231K+63.6%N/A$249K+190.8%
Interest ExpenseN/A$100K0.0%N/AN/AN/A$100K0.0%N/AN/A
Income Tax$14K-66.3%$36K-62.8%N/A$44K-82.0%$43K-85.4%$96K-63.2%N/A$242K
Net Income-$81K-81.4%-$290K-323.6%N/A-$123K-118.6%-$44K-105.3%$130K-83.9%N/A$661K+68.7%

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

FTII 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.

FTII quarterly balance sheet
MetricQ2'2510-QQ1'2510-QQ4'2410-QQ3'2410-QQ2'2410-QQ1'2410-QQ4'2310-KQ3'2310-Q
Total Assets$10.6M-62.6%$11.1M-60.2%$28.1M-55.5%$28.5M-53.9%$28.3M-77.2%$27.8M-77.2%$63.2M-47.1%$61.8M-47.9%
Current Assets$1.4M-9.9%$2.0M+30.8%$1.7M+20.7%$1.6M+35.0%$1.6M+133.3%$1.6M+268.9%$1.4M+229.7%$1.2M+110.7%
Cash & Equivalents$161K+33665.3%$131K+31517.4%$57K+222.9%$2K-65.7%$476-99.0%$413-99.7%$18K-93.3%$5K-98.3%
Short-Term Investments$0$0$0$0$0$0$0$0
Long-Term Investments$9.1M-65.7%$9.0M-65.6%$26.4M-57.2%$26.9M-55.6%$26.7M-78.4%$26.2M-78.4%$61.8M-48.0%$60.6M-48.6%
Total Liabilities$20.2M-43.4%$20.4M-41.8%$37.0M-47.0%$36.3M-46.7%$35.6M-72.4%$35.1M-72.2%$69.7M-43.2%$68.1M-44.1%
Current Liabilities$6.9M+16.9%$7.3M+28.3%$24.4M+384.3%$6.2M+35.0%$5.9M+52.6%$5.7M+143.9%$5.0M+540.8%$4.6M+991.4%
Non-Current Liabilities$13.2M-55.5%$13.1M-55.4%$12.5M-80.6%$30.1M-52.6%$29.7M-76.3%$29.4M-76.3%$64.7M-46.9%$63.5M-47.7%
Total Equity-$9.6M-30.0%-$9.4M-28.4%-$8.9M-36.2%-$7.8M-24.0%-$7.4M-52.3%-$7.3M-60.4%-$6.5M-101.3%-$6.3M-102.3%
Retained Earnings-$9.6M-30.0%-$9.4M-28.4%-$8.9M-36.2%-$7.8M-24.0%-$7.4M-52.3%-$7.3M-60.4%-$6.5M-101.2%-$6.3M-102.3%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.

FTII 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.

FTII quarterly cash flow statement
MetricQ2'2510-QQ1'2510-QQ4'2410-QQ3'2410-QQ2'2410-QQ1'2410-QQ4'2310-KQ3'2310-Q
Operating Cash Flow-$734K-137.3%-$453K-60.6%-$1.1M-36.4%-$243K-14.1%-$309K+51.7%-$282K-150.7%-$800K-1116.6%-$213K-7009.3%
Investing Cash Flow-$41K+72.8%$17.6M-51.4%$721K+292.2%$15K-100.0%-$150K+76.6%$36.3M+3254.2%-$375K$64.0M
Financing Cash Flow$805K+75.2%-$17.1M+52.5%$425K-64.2%$229K+100.4%$459K-61.1%-$36.0M-3231.2%$1.2M-$63.8M
Share Buybacks$0$17.4M-52.0%$0$0$0$36.3M$0N/A

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.

FTII 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.

FTII quarterly financial ratios
MetricQ2'2510-QQ1'2510-QQ4'2410-QQ3'2410-QQ2'2410-QQ1'2410-QQ4'2310-KQ3'2310-Q
Return on Assets-0.8%-0.6pp-2.6%-3.1ppN/A-0.4%-1.5pp-0.2%-0.8pp0.5%-0.2ppN/A1.1%+0.7pp
Current Ratio0.21-0.1x0.280.0x0.07-0.2x0.250.0x0.27+0.1x0.27+0.1x0.27-0.3x0.25-1.1x

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 (-$8.9M), 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 (0.07), 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
FutureTech II Acquisition Corp. FTII FY2024 N/A -$747K N/A $51.6M
Integrated Wellness WELNF FY2025 N/A -$1.0M N/A $36.0M
Clean Energy SWSS FY2022 N/A $839K N/A $63.0M
Agassi Sports AASP FY2025 N/A N/A N/A $81.5M
International Me IMAQ FY2026 N/A -$345K N/A $85.0M

Frequently Asked Questions

Is FutureTech II Acquisition Corp. profitable?

No, FutureTech II Acquisition Corp. (FTII) reported a net income of -$747K in fiscal year 2024.

What is FutureTech II Acquisition Corp.'s operating cash flow?

FutureTech II Acquisition Corp. (FTII) recorded an outflow of $1.9M in operating cash flow during fiscal year 2024, representing cash used by core business activities.

What are FutureTech II Acquisition Corp.'s total assets?

FutureTech II Acquisition Corp. (FTII) had $28.1M in total assets as of fiscal year 2024, including both current and long-term assets.

Yes, FutureTech II Acquisition Corp. (FTII) spent $36.3M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

FutureTech II Acquisition Corp. (FTII) had a current ratio of 0.07 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

FutureTech II Acquisition Corp. (FTII) had a return on assets of -2.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

FutureTech II Acquisition Corp. (FTII) has negative shareholder equity of -$8.9M 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.

FutureTech II Acquisition Corp. (FTII) has a Piotroski F-Score of 0 out of 5 computable signals; 4 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.

FutureTech II Acquisition Corp. (FTII) reported a net loss of $747K while operations used $1.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.

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