Indigo Acquisition Corp. (INAC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the INAC SEC filings page.
This page shows Indigo Acquisition Corp. (INAC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Indigo's reported results describe a financing-led acquisition vehicle, not an operating business generating revenue and cash from sales.
The earnings-quality gap is the clearest signal: net income of$1.8M coexisted with operating cash flow of-$476K , so reported profit did not translate into cash from operating activity in FY2025.
The vehicle reported assets of
Financing cash inflow of
Financial Health Signals
Indigo 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.
For every $1 of reported earnings, Indigo Acquisition Corp. used $0.26 of operating cash (-$476K OCF vs $1.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Indigo Acquisition Corp. reported $928K in net income in Q2 2026. This represents an increase of 1574.9% from the same quarter a year earlier. Against the prior quarter it is up 6.2%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Indigo Acquisition Corp. held $380K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
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.
INAC 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Income | -$121K-91.8% | -$162K-527.7% | N/A | -$153K-823.1% | -$63K | -$26K | N/A | -$17K |
| Net Income | $928K+1574.9% | $874K+748.9% | N/A | $1.0M+6228.7% | -$63K | -$135K | N/A | -$17K |
| EPS (Basic) | N/A | N/A | N/A | N/A | -$0.03 | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | -$0.03 | N/A | N/A | N/A |
| Diluted Shares (Avg) | N/A | N/A | N/A | N/A | 3M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, Income Tax.
INAC 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $119.9M+37723.2% | $119.0M | $118.1M+5217927.5% | $117.1M | $317K | N/A | $2K | N/A |
| Current Assets | $494K+8467.5% | $615K | $760K+45968.4% | $855K | $6K | N/A | $2K | N/A |
| Cash & Equivalents | $380K+6482.3% | $458K+1661.3% | $667K | $717K | $6K | $26K | N/A | N/A |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | N/A | N/A |
| Long-Term Investments | $119.4M | $118.3M | $117.3M | $116.2M | $0 | $0 | N/A | N/A |
| Total Liabilities | $123.5M+29344.2% | $122.4M | $121.4M+761313.7% | $120.3M | $419K | N/A | $16K | N/A |
| Current Liabilities | $76K-81.9% | $78K | $84K+427.1% | $75K | $419K | N/A | $16K | N/A |
| Non-Current Liabilities | $123.4M | $122.4M | $121.3M | $120.2M | $0 | N/A | $0 | N/A |
| Total Equity | -$3.6M-3420.5% | -$3.5M-8713.3% | -$3.3M-24190.7% | -$3.2M-27621.3% | -$102K | -$40K | -$14K | -$12K |
| Retained Earnings | -$3.6M-1568.3% | -$3.5M | -$3.3M-17691.3% | -$3.2M | -$216K | N/A | -$19K | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
INAC 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$79K-189.7% | -$208K-705.7% | -$50K-840.2% | -$373K-3628.3% | -$27K | -$26K | -$5K | -$10K |
| Stock-Based Compensation | N/A | N/A | N/A | N/A | N/A | $109K | N/A | N/A |
| Investing Cash Flow | N/A | N/A | $0 | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | $0-100.0% | $116.1M+1160741.1% | $7K | $52K | $5K | $10K |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
INAC 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.
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 (-$3.3M), 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.
Where Indigo Acquisition Corp. Ranks
Frequently Asked Questions
Is Indigo Acquisition Corp. profitable?
Yes, Indigo Acquisition Corp. (INAC) reported a net income of $1.8M in fiscal year 2025.
What is Indigo Acquisition Corp.'s operating cash flow?
Indigo Acquisition Corp. (INAC) recorded an outflow of $476K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Indigo Acquisition Corp.'s total assets?
Indigo Acquisition Corp. (INAC) had $118.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Indigo Acquisition Corp.'s current ratio?
Indigo Acquisition Corp. (INAC) had a current ratio of 9.04 as of fiscal year 2025, which is generally considered healthy.
What is Indigo Acquisition Corp.'s return on assets (ROA)?
Indigo Acquisition Corp. (INAC) had a return on assets of 1.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Indigo Acquisition Corp.'s P/E ratio?
Indigo Acquisition Corp. (INAC) trades at 84.0x earnings, its market capitalization divided by net income of $1.8M net income, FY2025. The market capitalization is $153.0M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Indigo Acquisition Corp.'s price-to-sales ratio?
Indigo Acquisition Corp. (INAC) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $153.0M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is Indigo Acquisition Corp.'s debt-to-equity ratio negative or not reported?
Indigo Acquisition Corp. (INAC) has negative shareholder equity of -$3.3M as of fiscal year 2025, 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.
Are Indigo Acquisition Corp.'s earnings high quality?
For every $1 of reported earnings, Indigo Acquisition Corp. (INAC) used $0.26 of operating cash (-$476K OCF vs $1.8M 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.