Pelican Acqsn (PELI) Financials
Newest figures come from the 10-K for FY2026, filed Mar 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PELI SEC filings page.
This page shows Pelican Acqsn (PELI) 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).
Financial Health Signals
Pelican Acqsn 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, Pelican Acqsn used $0.73 of operating cash (-$912K OCF vs $1.2M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Pelican Acqsn reported an operating loss of $1.1M against $2.3M 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
Earnings & Revenue
None of these metrics is reported for Q4 2026.
Cash & Balance Sheet
Pelican Acqsn held $77 in cash as of Q4 2026; long-term debt is not reported for that period.
Not reported for Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
None of these metrics is reported for Q4 2026.
PELI 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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|
| SG&A Expenses | N/A | $375K+771.4% | $331K | N/A | N/A | $43K |
| Operating Income | N/A | -$375K-771.4% | -$331K | -$20K | N/A | -$43K |
| Interest Expense | N/A | $889K | $636K | N/A | N/A | N/A |
| Net Income | N/A | $515K+1309.1% | $307K | -$20K | N/A | -$43K |
| EPS (Basic) | N/A | N/A | N/A | -$0.01 | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | -$0.01 | N/A | N/A |
| Diluted Shares (Avg) | N/A | N/A | N/A | 3M | N/A | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Income Tax.
PELI 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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|
| Total Assets | $88.8M+42500.2% | $88.1M | $87.3M | $671K | $208K | N/A |
| Current Assets | $165K+179.5% | $165K | $369K | $501K | $59K | N/A |
| Cash & Equivalents | $77-99.9% | $220-99.8% | $252K | $500K | $59K | $96K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $89.2M+40142.4% | $88.1M | $87.0M | $703K | $222K | N/A |
| Current Liabilities | $583K+163.2% | $311K | $84K | $703K | $222K | N/A |
| Non-Current Liabilities | $88.6M | $87.8M | $86.9M | $0 | $0 | N/A |
| Total Equity | -$405K-2964.4% | -$31K-136.4% | $343K | -$33K | -$13K | -$13K |
| Retained Earnings | -$405K-852.3% | -$32K | $245K | -$62K | -$43K | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
PELI 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.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
PELI 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, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$405K), 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 (0.28), 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.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Pelican Acqsn PELI | FY2026 | N/A | $1.2M | N/A | $95.6M | — |
| Maywood Acquisition MAYA | FY2025 | N/A | $397K | N/A | $122.9M | — |
| Perceptive Cap PCSC | FY2025 | N/A | $837K | N/A | $123.2M | — |
| Quartzsea Acquisition Corp QSEA | FY2025 | N/A | $511K | N/A | $107.5M | — |
| Silver Pegasus Acquisition Corp SPEG | FY2025 | N/A | $3K | N/A | $159.2M | — |
Where Pelican Acqsn Ranks
Frequently Asked Questions
Is Pelican Acqsn profitable?
Yes, Pelican Acqsn (PELI) reported a net income of $1.2M in fiscal year 2026.
What is Pelican Acqsn's operating cash flow?
Pelican Acqsn (PELI) recorded an outflow of $912K in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Pelican Acqsn's total assets?
Pelican Acqsn (PELI) had $88.8M in total assets as of fiscal year 2026, including both current and long-term assets.
What is Pelican Acqsn's current ratio?
Pelican Acqsn (PELI) had a current ratio of 0.28 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is Pelican Acqsn's return on assets (ROA)?
Pelican Acqsn (PELI) had a return on assets of 1.4% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
Why is Pelican Acqsn's debt-to-equity ratio negative or not reported?
Pelican Acqsn (PELI) has negative shareholder equity of -$405K as of fiscal year 2026, 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 Pelican Acqsn's earnings high quality?
For every $1 of reported earnings, Pelican Acqsn (PELI) used $0.73 of operating cash (-$912K OCF vs $1.2M 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.
Can Pelican Acqsn cover its interest payments?
Pelican Acqsn (PELI) reported an operating loss of $1.1M against $2.3M 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.