Newest figures come from the 10-Q for Q1 FY2026, filed May 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MSSAF SEC filings page.
This page shows METAL SKY STAR ACQ CORP (MSSAF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Capital movements, not operating revenue, dominate the reported economics as assets contract and negative equity deepens.
Across FY2022-FY2024, operating losses coexisted with positive net income, showing that reported earnings were being shaped below operations rather than tracking operating performance. The reversal to-$554K in FY2025, alongside ROA moving from13.8% in FY2024 to-54.0% , indicates that the shrinking asset base magnified modest absolute earnings changes.
Current-asset coverage deteriorated sharply: the current ratio fell from 1.5x in FY2022 to effectively zero by FY2025, signaling near-total dependence on current liabilities. Equity moved from
In FY2022, investing cash flow of
Financial Health Signals
METAL SKY STAR ACQ CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
METAL SKY STAR ACQ CORP reported -$114K in net income in Q1 2026. This represents an increase of 25.8% from the same quarter a year earlier.
Not reported for Q1 2026.
Not reported for Q1 2026.
Not reported for Q1 2026.
Cash & Balance Sheet
Not reported for Q1 2026.
Not reported for Q1 2026.
Not reported for Q1 2026.
Margins & Returns
None of these metrics is reported for Q1 2026.
Capital Allocation
None of these metrics is reported for Q1 2026.
MSSAF 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 | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Income | -$123K+45.2% | N/A | N/A | N/A | -$224K-38.3% | N/A | -$330K-197.9% | -$74K+66.9% |
| Interest Expense | N/A | N/A | N/A | $25K-92.0% | -$150K-149.7% | N/A | $332K-35.8% | $312K-30.6% |
| Net Income | -$114K+25.8% | N/A | -$93K-164.3% | -$198K-150.5% | -$153K-151.6% | N/A | $144K-78.2% | $392K-15.9% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
MSSAF 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 | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1M-84.7% | $1.0M-84.7% | $984K-97.4% | $863K-97.6% | $7.0M-80.7% | $6.7M-81.1% | $37.3M-38.7% | $36.7M-38.3% |
| Current Assets | $26K-61.6% | $20K+221.3% | $63K+117.9% | $1K-96.9% | $67K+11124.0% | $6K+237.3% | $29K+29.8% | $46K+9.1% |
| Cash & Equivalents | N/A | N/A | N/A | $0 | N/A | $0 | N/A | N/A |
| Short-Term Investments | N/A | N/A | N/A | $0 | N/A | $0 | N/A | N/A |
| Long-Term Investments | $1.0M-84.9% | $1.0M-84.9% | $921K-97.5% | $862K-97.7% | $6.9M-80.9% | $6.7M-81.1% | $37.3M-38.7% | $36.7M-38.3% |
| Total Liabilities | $9.4M-35.2% | $9.2M-33.3% | $9.0M-79.6% | $8.7M-79.8% | $14.5M-65.6% | $13.9M-66.3% | $44.1M-33.3% | $43.0M-32.9% |
| Current Liabilities | $5.5M+15.9% | $5.3M+24.0% | $5.2M+31.7% | $5.0M+41.0% | $4.7M+45.5% | $4.3M+51.2% | $3.9M+62.2% | $3.5M+98.5% |
| Non-Current Liabilities | $2.9M0.0% | $2.9M0.0% | $2.9M0.0% | $2.9M0.0% | $2.9M0.0% | $2.9M0.0% | $2.9M0.0% | $2.9M0.0% |
| Total Equity | -$8.3M-10.5% | -$8.2M-14.6% | -$8.0M-18.3% | -$7.8M-24.4% | -$7.5M-24.1% | -$7.2M-24.3% | -$6.8M-28.5% | -$6.3M-36.8% |
| Retained Earnings | -$8.3M-10.5% | -$8.2M-14.6% | -$8.0M-18.3% | -$7.9M-24.4% | -$7.5M-24.1% | -$7.2M-24.3% | -$6.8M-28.4% | -$6.3M-36.8% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
MSSAF 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 | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Investing Cash Flow | -$25K+83.3% | -$75K-100.2% | -$50K+50.0% | N/A | -$150K+40.0% | $30.9M+18.6% | -$100K+82.2% | -$150K+73.3% |
| Financing Cash Flow | $25K-83.3% | $50K+100.2% | $75K-25.0% | N/A | $150K-40.0% | -$30.9M-17.8% | $100K-84.4% | $150K-78.3% |
| Share Buybacks | N/A | $0 | $0 | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.
MSSAF 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 (-$8.2M), 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 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where METAL SKY STAR ACQ CORP Ranks
Frequently Asked Questions
Is METAL SKY STAR ACQ CORP profitable?
No, METAL SKY STAR ACQ CORP (MSSAF) reported a net income of -$554K in fiscal year 2025.
What are METAL SKY STAR ACQ CORP's total assets?
METAL SKY STAR ACQ CORP (MSSAF) had $1.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What is METAL SKY STAR ACQ CORP's current ratio?
METAL SKY STAR ACQ CORP (MSSAF) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is METAL SKY STAR ACQ CORP's return on assets (ROA)?
METAL SKY STAR ACQ CORP (MSSAF) had a return on assets of -54.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is METAL SKY STAR ACQ CORP's debt-to-equity ratio negative or not reported?
METAL SKY STAR ACQ CORP (MSSAF) has negative shareholder equity of -$8.2M 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.