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Future Vision II Acquisition Corp (FVNNU) Financials

FVNNU
FY2025 annual
Revenue Not reported for FY2025
Net Income $2.1M +223.3% YoY
EPS (Diluted) Not reported for FY2025
Operating Cash Flow -$308K -110.1% YoY
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 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FVNNU SEC filings page.

This page shows Future Vision II Acquisition Corp (FVNNU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).

Rhea AI FVNNU FY2025

Financing-heavy structure dominates as operating losses persist and equity contracts.

FY2025's net income reached $2.1M while operating cash flow was -$308K, so accounting profit was not converting into cash from reported operations. That divergence matters more than the profit increase because it points to earnings arising outside the operating engine rather than from cash-producing activity.

The balance sheet is dominated by obligations: FY2025 liabilities were $60.3M against $1.8M of equity. The reported debt-to-equity ratio of 33.4x reinforces that the owner-capital base is thin relative to claims on the asset pool, making financing structure central to interpretation.

Equity fell from $7.7M in FY2024 to $1.8M in FY2025, a contraction that weakens the balance sheet even as the asset base expanded. Operating losses also persisted across both years, so the company is not yet showing a self-funding operating model.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Future Vision 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
4/6

Future Vision II Acquisition Corp passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass.

Earnings Quality No Cash Backing

For every $1 of reported earnings, Future Vision II Acquisition Corp used $0.15 of operating cash (-$308K OCF vs $2.1M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Interest Coverage At Risk
N/A

Future Vision II Acquisition Corp reported an operating loss of $391K against $2.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Net Income
$410K
YoY-25.7%
QoQ-2.1%

Future Vision II Acquisition Corp reported $410K in net income in Q2 2026. This represents a decrease of 25.7% from the same quarter a year earlier. Against the prior quarter it is down 2.1%.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$788K
YoY-29.3%
QoQ-9.8%

Future Vision II Acquisition Corp held $788K in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
8M
YoY0.0%
QoQ0.0%

Future Vision II Acquisition Corp had 8M shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

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.

FVNNU 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.

FVNNU quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
SG&A ExpensesN/A$10K0.0%N/AN/AN/A$10KN/AN/A
Operating Income-$140K-97.3%-$121K+27.4%N/A-$69K-951.1%-$71K-2586.3%-$167K-7881.8%N/A-$7K
Interest Expense$546K-11.2%$536K-12.5%N/A$619K+318.7%$614K$612KN/A$148K
Net Income$410K-25.7%$419K-7.8%N/A$557K+292.7%$552K+21029.1%$454K+21826.4%N/A$142K

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

FVNNU 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.

FVNNU quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$63.7M+4.4%$62.7M+3.8%$62.1M+3.5%$61.6M+3.7%$61.0M$60.4M$59.9M$59.4M
Current AssetsN/AN/A$62.1M+4540.1%$1.1M-22.2%$1.2M$1.2M$1.3M$1.5M
Cash & Equivalents$788K-29.3%$874K-23.5%$1.0M-23.1%$1.1M-14.8%$1.1M+496.6%$1.1M+401.5%$1.3M$1.3M
Short-Term Investments$0$0$61.0M$0$0$0$0$0
Long-Term Investments$0$0$0-100.0%$0$0$0$58.6M$0
Total Liabilities$63.9M+12.6%$62.1M+16.4%$60.3M+15.3%$58.5M+11.0%$56.7M$53.4M$52.2M$52.7M
Current Liabilities$984K+473.3%$379K+168.5%$158K+41.9%$202K+150.8%$172K$141K$111K$81K
Non-Current Liabilities$62.9M+11.2%$61.8M+16.0%$60.1M+15.3%$58.3M+10.8%$56.5M$53.2M$52.1M$52.7M
Total Equity-$152K-103.5%$558K-92.1%$1.8M-76.5%$3.1M-54.2%$4.3M+21067.6%$7.0M+30664.8%$7.7M$6.7M
Retained Earnings-$152KN/AN/AN/AN/AN/AN/A$137K

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

FVNNU 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.

FVNNU quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$85K-663.2%-$151K+20.6%-$99K+24.6%-$7K+28.4%-$11K-$190K-8989.4%-$132K-$10K
Investing Cash Flow-$574K-$191KN/AN/AN/AN/A$0N/A
Financing Cash Flow$574K$191KN/A$0-100.0%N/AN/A$0$59.1M

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

FVNNU 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.

FVNNU quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Return on EquityN/A75.0%+68.5ppN/A18.2%+16.1pp12.9%+25.9pp6.5%+15.6ppN/A2.1%
Return on Assets0.6%-0.3pp0.7%-0.1ppN/A0.9%+0.7pp0.9%0.8%N/A0.2%
Current RatioN/AN/A392.79+380.8x5.67-12.6x6.868.5612.0118.27
Debt-to-EquityN/A111.27+103.7x33.39+26.6x19.16+11.3x13.227.576.797.90

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.

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
Future Vision II Acquisition Corp FVNNU FY2025 N/A $2.1M N/A N/A
Quetta Acquisition Corp QETAU FY2025 N/A -$781K N/A N/A
Rising Dragon Acquisition Corp. RDACU FY2025 N/A $1.6M N/A N/A
Cayson Acquisition Corp CAPNU FY2025 $4.9M $3.0M 62.0% N/A 24/100
Israel Acquisitions Corp ISRLU FY2025 N/A -$510K N/A N/A

Frequently Asked Questions

Is Future Vision II Acquisition Corp profitable?

Yes, Future Vision II Acquisition Corp (FVNNU) reported a net income of $2.1M in fiscal year 2025.

What is Future Vision II Acquisition Corp's return on equity (ROE)?

Future Vision II Acquisition Corp (FVNNU) has a return on equity of 114.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Future Vision II Acquisition Corp's operating cash flow?

Future Vision II Acquisition Corp (FVNNU) recorded an outflow of $308K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Future Vision II Acquisition Corp (FVNNU) had $62.1M in total assets as of fiscal year 2025, including both current and long-term assets.

Future Vision II Acquisition Corp (FVNNU) had 8M shares outstanding as of fiscal year 2025.

Future Vision II Acquisition Corp (FVNNU) had a current ratio of 392.79 as of fiscal year 2025, which is generally considered healthy.

Future Vision II Acquisition Corp (FVNNU) had a debt-to-equity ratio of 33.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Future Vision II Acquisition Corp (FVNNU) had a return on assets of 3.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Future Vision II Acquisition Corp (FVNNU) has a Piotroski F-Score of 4 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.

For every $1 of reported earnings, Future Vision II Acquisition Corp (FVNNU) used $0.15 of operating cash (-$308K OCF vs $2.1M 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.

Future Vision II Acquisition Corp (FVNNU) reported an operating loss of $391K against $2.4M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

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