M3-Brigade Acquisition V Corp. Financials
This page shows M3-Brigade Acquisition V Corp. (MBAV) 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).
Positive net income masks a cash-burning, non-operating balance sheet where liabilities exceed assets and liquidity is extremely thin.
FY2025's$5.8M net income did not translate into operating cash, because it sat alongside an-$6.5M operating loss and-$1.5M of operating cash outflow. That combination means the period's profit came from below-the-operating-line items while the entity still needed outside financing, ending with$0 cash and only 0.2x current coverage.
The balance sheet is functioning more like a transaction vehicle than a self-funding business: total liabilities of
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of M3-Brigade Acquisition V Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
M3-Brigade Acquisition V Corp.'s current ratio of 0.18 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
For every $1 of reported earnings, M3-Brigade Acquisition V Corp. generates $-0.25 in operating cash flow (-$1.5M OCF vs $5.8M 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
Earnings & Revenue
M3-Brigade Acquisition V Corp. reported $5.8M in net income in fiscal year 2025.
Cash & Balance Sheet
M3-Brigade Acquisition V Corp. held $0 in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Capital Allocation
MBAV Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | 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 | $985K | N/A | $2.9M+228.3% | $874K+408.4% | $172K | N/A | $295K+778.4% | $34K |
| Operating Income | -$985K | N/A | -$2.9M-228.3% | -$874K-408.4% | -$172K | N/A | -$295K-778.4% | -$34K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $1.7M | N/A | -$491K-122.5% | $2.2M-25.0% | $2.9M | N/A | $2.0M+6082.5% | -$34K |
| EPS (Diluted) | $0.05 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
MBAV Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $310.6M+0.8% | $308.2M+0.8% | $305.9M+1.3% | $301.9M+1.0% | $298.9M+1.0% | $295.8M+1.1% | $292.6M+39783.0% | $734K |
| Current Assets | $1.0M-21.9% | $1.3M-32.2% | $1.9M+84.1% | $1.0M-4.0% | $1.1M+1.2% | $1.1M-11.6% | $1.2M | N/A |
| Cash & Equivalents | $876K | $0-100.0% | $1.7M+110.4% | $800K-2.3% | $819K | $0-100.0% | $934K | $0 |
| 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 | $331.0M+1.0% | $327.6M+1.3% | $323.5M+2.4% | $315.9M+1.3% | $312.0M+1.0% | $308.7M+1.1% | $305.5M+40187.3% | $758K |
| Current Liabilities | $8.0M+9.6% | $7.3M+18.0% | $6.2M+266.0% | $1.7M+95.9% | $863K+18.6% | $728K-10.1% | $809K | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$20.4M-5.1% | -$19.4M-9.8% | -$17.7M-25.9% | -$14.0M-7.0% | -$13.1M-1.3% | -$12.9M-0.8% | -$12.8M-52309.1% | -$24K |
| Retained Earnings | -$20.4M-5.1% | -$19.4M-9.8% | -$17.7M-25.9% | -$14.0M-7.0% | -$13.1M-1.3% | -$12.9M-0.8% | -$12.8M-25827.4% | -$49K |
MBAV Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.4M-38.8% | -$1.0M-174.8% | -$367K-317.0% | -$88K-3350.5% | -$3K+95.2% | -$53K | N/A | N/A |
| 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 | N/A | N/A | N/A | N/A | N/A | $0 | N/A | N/A |
| Financing Cash Flow | $1.1M+120.0% | $500K-60.0% | $1.3M | N/A | N/A | -$60K | N/A | N/A |
| 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 |
MBAV Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.5% | N/A | -0.2%-0.9pp | 0.7%-0.3pp | 1.0% | N/A | 0.7%+5.3pp | -4.6% |
| Current Ratio | 0.13-0.1 | 0.18-0.1 | 0.31-0.3 | 0.62-0.6 | 1.26-0.2 | 1.47-0.0 | 1.50 | N/A |
| Debt-to-Equity | -16.24+0.6 | -16.89+1.4 | -18.32+4.2 | -22.52+1.3 | -23.80+0.1 | -23.87-0.1 | -23.81+7.2 | -30.98 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$19.4M), 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 (0.18), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
Is M3-Brigade Acquisition V Corp. profitable?
Yes, M3-Brigade Acquisition V Corp. (MBAV) reported a net income of $5.8M in fiscal year 2025.
What is M3-Brigade Acquisition V Corp.'s operating cash flow?
M3-Brigade Acquisition V Corp. (MBAV) generated -$1.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are M3-Brigade Acquisition V Corp.'s total assets?
M3-Brigade Acquisition V Corp. (MBAV) had $308.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What is M3-Brigade Acquisition V Corp.'s current ratio?
M3-Brigade Acquisition V Corp. (MBAV) had a current ratio of 0.18 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is M3-Brigade Acquisition V Corp.'s debt-to-equity ratio?
M3-Brigade Acquisition V Corp. (MBAV) had a debt-to-equity ratio of -16.89 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is M3-Brigade Acquisition V Corp.'s return on assets (ROA)?
M3-Brigade Acquisition V Corp. (MBAV) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is M3-Brigade Acquisition V Corp.'s cash runway?
Based on fiscal year 2025 data, M3-Brigade Acquisition V Corp. (MBAV) had $0 in cash against an annual operating cash burn of $1.5M. 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 M3-Brigade Acquisition V Corp.'s debt-to-equity ratio negative or unusual?
M3-Brigade Acquisition V Corp. (MBAV) has negative shareholder equity of -$19.4M as of fiscal year 2025, 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.
Are M3-Brigade Acquisition V Corp.'s earnings high quality?
M3-Brigade Acquisition V Corp. (MBAV) has an earnings quality ratio of -0.25x, 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 M3-Brigade Acquisition V Corp.?
M3-Brigade Acquisition V Corp. (MBAV) scores 0 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.