Newbury Street Acq (NBST) Financials
Newest figures come from the filing for Q1 FY2024, filed Jun 28, 2024. Each column of the statement tables below links to the filing it was taken from.
This page shows Newbury Street Acq Corp (NBST) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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.
Financial Health Signals
We do not publish a peer-relative financial health score for Newbury Street Acq Corp, because the score only covers companies whose filings and listing give us what it needs to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.
Newbury Street Acq Corp passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
Key Financial Metrics
Earnings & Revenue
Newbury Street Acq Corp reported a net loss of $186K in Q1 2024. This represents a decrease of 147.1% 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.
Not reported for Q1 2024.
Not reported for Q1 2024.
Not reported for Q1 2024.
Cash & Balance Sheet
Newbury Street Acq Corp held $956K in cash as of Q1 2024; no long-term debt figure is on record for that period.
Not reported for Q1 2024.
Not reported for Q1 2024.
Margins & Returns
None of these metrics is reported for Q1 2024.
Capital Allocation
None of these metrics is reported for Q1 2024.
NBST 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 | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing | Q2'22Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Income | -$339Kn/m | -$327Kn/m | -$495Kn/m | -$430Kn/m | -$626Kn/m | -$1.6Mn/m | -$661Kn/m | -$270Kn/m |
| Income Tax | $58K-84.0% | $70K | $126K+42.8% | $125K+2975.5% | $363K | N/A | $88K | $4K |
| Net Income | -$186K-147.1% | -$119Kn/m | -$101Kn/m | -$77Kn/m | $395Kn/m | -$816Kn/m | -$157Kn/m | -$72Kn/m |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
NBST 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 | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing | Q2'22Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $23.0M-82.6% | $22.5M-82.7% | $54.2M-58.1% | $53.3M-58.6% | $131.9M+2.5% | $130.1M+0.7% | $129.4M+0.1% | $128.8M-0.6% |
| Current Assets | $1.0M+133.8% | $961K+631.8% | $13K-97.1% | $14K-90.7% | $434K+105.6% | $131K-79.2% | $466K-33.3% | $156K-83.5% |
| Cash & Equivalents | $956K+120.0% | $956K+1043.2% | $13K-96.4% | $14K+29.3% | $434K+3218.9% | $84K-80.8% | $370K-25.3% | $11K-98.5% |
| 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 | $28.9M-78.7% | $28.1M-78.8% | $59.5M-54.2% | $57.8M-55.2% | $135.9M+5.7% | $132.6M+2.9% | $130.0M+1.2% | $129.0M+0.2% |
| Current Liabilities | $16.5M-80.3% | $6.3M+137.5% | $37.8M+3285.0% | $5.0M+1268.1% | $83.6M+67820.9% | $2.6M+850.4% | $1.1M | $369K+95.5% |
| Non-Current Liabilities | $12.4M-76.3% | $21.8M-83.2% | $21.7M-83.2% | $52.7M-59.0% | $52.3M-59.3% | $130.0M+1.1% | $128.9M | $128.6M0.0% |
| Total Equity | -$5.9Mn/m | -$5.6Mn/m | -$5.3Mn/m | -$4.4Mn/m | -$4.0M-8801.9% | -$2.5M-969.8% | -$650K-193.0% | -$212K-128.1% |
| Retained Earnings | -$5.9Mn/m | -$5.6Mn/m | -$5.3Mn/m | -$4.5Mn/m | -$4.0Mn/m | -$2.5Mn/m | -$1.1Mn/m | -$909Kn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
NBST 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 | Q1'24Filing | Q4'23Filing | Q3'23Filing | Q2'23Filing | Q1'23Filing | Q4'22Filing | Q3'22Filing | Q2'22Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$161Kn/m | -$135Kn/m | -$246Kn/m | -$751Kn/m | -$179Kn/m | -$325Kn/m | -$110Kn/m | -$232Kn/m |
| Investing Cash Flow | -$164Kn/m | $32.9M+83940.7% | -$360K-220.4% | $78.7Mn/m | -$140K-1575.9% | $39K+480.0% | $299Kn/m | $0n/m |
| Financing Cash Flow | $324K-51.6% | -$31.8Mn/m | $605K+257.0% | -$78.3M | $670K | $0n/m | $170Kn/m | N/A |
| Share Buybacks | N/A | $32.0M | $0 | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.
NBST 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, Liabilities-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$5.6M), 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 (0.15), 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 |
|---|---|---|---|---|---|---|
| Newbury Street Acq Corp NBST | FY2023 | N/A | $97K | N/A | $36.5M | — |
| QUETTA ACQUISITION CORP QETA | FY2025 | $5.0M | $323K | 6.5% | $43.4M | — |
| HORIZON SPACE ACQ I HSPOF | FY2025 | N/A | $204K | N/A | $29.1M | — |
| STARK NOVUS FINANCIAL INC SNFI | FY2025 | N/A | -$619K | N/A | $27.3M | — |
| TREX ACQUISITION CORP TRXA | FY2025 | $32K | -$2.5M | N/A | $15.7M | — |
Where Newbury Street Acq Corp Ranks
Frequently Asked Questions
No, Newbury Street Acq Corp (NBST) reported a net loss of $484K over the trailing 12 months to March 31, 2024. In fiscal year 2023 it reported a net income of $97K.
Newbury Street Acq Corp (NBST) recorded an outflow of $1.3M in operating cash flow during fiscal year 2023, representing cash used by core business activities.
Newbury Street Acq Corp (NBST) had $22.5M in total assets as of fiscal year 2023, including both current and long-term assets.
Newbury Street Acq Corp (NBST) had a current ratio of 0.15 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
Newbury Street Acq Corp (NBST) had a return on assets of 0.4% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
Newbury Street Acq Corp (NBST) has negative shareholder equity of -$5.6M as of fiscal year 2023, 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.
Newbury Street Acq Corp (NBST) has a Piotroski F-Score of 3 out of 5 computable signals; 4 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.