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Goldenstone Acq (GDST) Financials

GDST OTC
FY2026 annual
Revenue Not reported for FY2026
Net Income -$415K -479.2% YoY
EPS (Diluted) Not reported for FY2026
Operating Cash Flow -$249K n/m YoY
Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Mar 31, 2026 Reported Currency USD FYE March

Newest figures come from the 10-K for FY2026, filed Jul 16, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GDST SEC filings page.

This page shows Goldenstone Acq Ltd (GDST) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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 GDST FY2026

The acquisition vehicle is shrinking through capital-return activity, while liabilities increasingly exceed assets and ordinary operations remain minimal.

The balance sheet contracted sharply between the prior two annual reports, with total assets falling from $19.1M to $6.0M. Over that same interval, current liabilities rose from $4.5M to $11.6M, so the structure shifted toward obligations even as the vehicle became smaller.

Net income moved from a $109K profit to a net loss of $415K, while operating cash flow was negative in both periods. That combination means the earnings line was not translating into cash generation; the vehicle’s activity is better understood through financing movements than through profit.

The dominant cash movements were an investing inflow of $13.1M and a financing outflow of $12.9M in the latest report. Their near-offset points to funds being rearranged or returned rather than reinvested in a conventional operating engine, consistent with the entity’s shrinking asset base.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

We do not publish a peer-relative financial health score for Goldenstone Acq Ltd, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.

Piotroski F-Score Partial
2/6

Goldenstone Acq Ltd 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, 1 of 2 leverage/liquidity signals pass.

Interest Coverage At Risk
N/A

Goldenstone Acq Ltd reported an operating loss of $891K against $50K 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
$109K
YoY+999.7%
QoQn/m

Goldenstone Acq Ltd reported $109K in net income in Q4 2026. This represents an increase of 999.7% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Revenue

Not reported for Q4 2026.

EBITDA

Not reported for Q4 2026.

EPS (Diluted)

Not reported for Q4 2026.

Cash & Balance Sheet

Cash & Debt
$6K
YoY-61.8%
QoQ-76.9%
5Y CAGR-31.2%

Goldenstone Acq Ltd held $6K in cash as of Q4 2026; no long-term debt figure is on record for that period.

Shares Outstanding
2M
QoQ-18.5%

Goldenstone Acq Ltd had 2M shares outstanding in Q4 2026. Against the prior quarter it is down 18.5%.

Free Cash Flow

Not reported for Q4 2026.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

None of these metrics is reported for Q4 2026.

Capital Allocation

Share Buybacks
$0
YoYn/m
QoQ-100.0%

Goldenstone Acq Ltd repurchased no shares in Q4 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 100.0%.

R&D Spending

Not reported for Q4 2026.

Capital Expenditures

Not reported for Q4 2026.

GDST 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.

GDST quarterly income statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Operating Income-$139Kn/m-$152Kn/m-$207Kn/m-$392Kn/m-$126K-1114.4%-$152Kn/m-$128Kn/m-$528Kn/m
Interest ExpenseN/AN/AN/A$50K0.0%N/AN/AN/A$50K
Income Tax$3K-95.0%$9K-77.2%$27K-42.1%$38K-73.2%$57K-63.5%$41K-79.8%$46K-57.8%$143K-2.4%
Net Income$109K+999.7%-$108K-693.3%-$180K-406.3%-$236K-1143.7%$10K-98.6%$18K-96.8%$59K+10.8%$23K-92.2%

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

GDST 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.

GDST quarterly balance sheet
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Total Assets$6.0M-68.7%$5.8M-68.8%$5.7M-68.8%$19.3M+4.7%$19.1M-65.9%$18.7M-65.9%$18.4M-70.2%$18.5M-70.1%
Current Assets$20K-94.0%$56K-72.4%$400K+264.5%$267K-45.0%$331K+261.8%$204K-17.9%$110K+271.7%$485K-11.7%
Cash & Equivalents$6K-61.8%$24K+188.5%$372K+7273.1%$4K-99.1%$15K-52.3%$8K+37.9%$5K-47.1%$445K+67.3%
Short-Term Investments$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m
Long-Term Investments$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m
Total Liabilities$13.6M-46.7%$13.7M-45.4%$13.3M-45.6%$26.5M+9.5%$25.6M-57.7%$25.1M-57.8%$24.4M-62.9%$24.2M-62.8%
Current Liabilities$11.6M+155.3%$5.9M+38.5%$5.7M+45.6%$19.1M+376.3%$4.5M+53.6%$4.2M+56.0%$3.9M+93.4%$4.0M+109.2%
Non-Current Liabilities$2.0M-90.4%$7.8M-62.4%$7.6M-63.0%$7.4M-63.2%$21.0M-63.4%$20.8M-63.3%$20.5M-67.8%$20.2M-68.1%
Total Equity-$7.9Mn/m-$7.8Mn/m-$7.5Mn/m-$7.2Mn/m-$6.5Mn/m-$6.3Mn/m-$6.0Mn/m-$5.8Mn/m
Retained Earnings-$7.9Mn/m-$7.8Mn/m-$7.5Mn/m-$7.2Mn/m-$6.5Mn/m-$6.3Mn/m-$6.0Mn/m-$5.8Mn/m

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

GDST 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.

GDST quarterly cash flow statement
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Operating Cash Flow-$32Kn/m-$124Kn/m$93Kn/m-$185Kn/m-$218Kn/m-$208Kn/m-$868Kn/m-$200Kn/m
Investing Cash Flow-$102K-3398.7%-$388Kn/m$13.8Mn/m-$150K-100.4%$3Kn/m-$43K-100.5%-$72K-146.8%$38.4Mn/m
Financing Cash Flow$115K-48.0%$165K-35.4%-$13.5M-2802.0%$325Kn/m$221K-57.8%$255Kn/m$500K+733.3%-$37.8M-5504.9%
Share Buybacks$0n/m$358Kn/mN/AN/A$0n/m$0$0$38.0M

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

GDST 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.

GDST quarterly financial ratios
MetricQ4'2610-KQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-KQ3'2510-QQ2'2510-QQ1'2510-Q
Return on Assets1.8%+1.8pp-1.8%-1.9pp-3.1%-3.4pp-1.2%-1.3pp0.1%-1.2pp0.1%-0.9pp0.3%+0.2pp0.1%-0.4pp
Current Ratio0.00-0.1x0.010.0x0.070.0x0.01-0.1x0.070.0x0.050.0x0.030.0x0.12-0.2x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Liabilities-to-Equity, Asset Turnover, FCF Margin.

Note: Shareholder equity is negative (-$7.9M), which causes the debt-to-equity, liabilities-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 (0.00), 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. Market cap is stated at each company's latest close.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Goldenstone Acq Ltd GDST FY2026 N/A -$415K N/A N/A —
Intl Media Acq Corp A IMAQ FY2026 N/A -$345K N/A $71.8M —
Quetta Acquisition Corp QETA FY2025 $5.0M $323K 6.5% $43.4M 26/100
Chain Bridge I A CBRRF FY2025 N/A -$1.3M N/A $63.9M —
Trex Acquisition Corp TRXA FY2025 $32K -$2.5M N/A $15.7M —

Frequently Asked Questions

No, Goldenstone Acq Ltd (GDST) reported a net loss of $415K in fiscal year 2026.

Goldenstone Acq Ltd (GDST) recorded an outflow of $249K in operating cash flow during fiscal year 2026, representing cash used by core business activities.

Goldenstone Acq Ltd (GDST) had $6.0M in total assets as of fiscal year 2026, including both current and long-term assets.

Yes, Goldenstone Acq Ltd (GDST) spent $13.9M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Goldenstone Acq Ltd (GDST) had 2M shares outstanding as of fiscal year 2026.

Goldenstone Acq Ltd (GDST) had a current ratio of 0.00 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.

Goldenstone Acq Ltd (GDST) had a return on assets of -7.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

Goldenstone Acq Ltd (GDST) has negative shareholder equity of -$7.9M as of fiscal year 2026, so no debt-to-equity or liabilities-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.

Goldenstone Acq Ltd (GDST) 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.

Goldenstone Acq Ltd (GDST) reported an operating loss of $891K against $50K 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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