Pelican Acqsn Financials
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
We are recalculating Pelican Acqsn's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
For every $1 of reported earnings, Pelican Acqsn generates $-0.73 in operating cash flow (-$912K OCF vs $1.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Pelican Acqsn earns $-0.5 in operating income for every $1 of interest expense (-$1.1M vs $2.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Pelican Acqsn reported $1.2M in net income in fiscal year 2026.
Cash & Balance Sheet
Pelican Acqsn held $77 in cash against $0 in long-term debt as of fiscal year 2026.
Pelican Acqsn had 12M shares outstanding in fiscal year 2026.
Margins & Returns
Capital Allocation
PELI Income Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 |
|---|---|---|---|---|---|---|
| Revenue | 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 |
| Gross Profit | 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 |
| SG&A Expenses | N/A | $375K+13.3% | $331K | N/A | N/A | $43K |
| Operating Income | N/A | -$375K-13.3% | -$331K-1561.5% | -$20K | N/A | -$43K |
| Interest Expense | N/A | $889K+39.8% | $636K | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | $515K+67.4% | $307K+1672.2% | -$20K | N/A | -$43K |
| EPS (Diluted) | N/A | N/A | N/A | $-0.01 | N/A | N/A |
PELI Balance Sheet
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 |
|---|---|---|---|---|---|---|
| Total Assets | $88.8M+0.8% | $88.1M+0.8% | $87.3M+12920.6% | $671K+221.8% | $208K | N/A |
| Current Assets | $165K-0.1% | $165K-55.2% | $369K-26.5% | $501K+748.9% | $59K | N/A |
| Cash & Equivalents | $77-65.0% | $220-99.9% | $252K-49.5% | $500K+745.7% | $59K-38.7% | $96K |
| Inventory | 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 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $89.2M+1.2% | $88.1M+1.3% | $87.0M+12265.2% | $703K+217.4% | $222K | N/A |
| Current Liabilities | $583K+87.4% | $311K+270.6% | $84K-88.1% | $703K+217.4% | $222K | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$405K-1196.2% | -$31K-109.1% | $343K+1146.5% | -$33K-147.9% | -$13K0.0% | -$13K |
| Retained Earnings | -$405K-1183.4% | -$32K-112.9% | $245K+494.9% | -$62K-45.9% | -$43K | N/A |
PELI Cash Flow Statement
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -$84K+77.1% | -$368K+12.5% | -$420K-960.0% | -$40K-8032.8% | $500+102.0% | -$25K |
| Capital Expenditures | 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 |
| Investing Cash Flow | $0 | $0 | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $84K-27.3% | $116K-99.9% | $86.4M+17897.4% | $480K+1372.0% | -$38K-131.2% | $121K |
| Dividends Paid | 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 |
PELI Financial Ratios
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 |
|---|---|---|---|---|---|---|
| Gross Margin | 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 |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | 89.6% | N/A | N/A | N/A |
| Return on Assets | N/A | 0.6%+0.2pp | 0.4%+3.3pp | -2.9% | N/A | N/A |
| Current Ratio | 0.28-0.2 | 0.53-3.9 | 4.39+3.7 | 0.71+0.4 | 0.27 | N/A |
| Debt-to-Equity | -220.19+2598.9 | -2819.10-3072.7 | 253.62+275.1 | -21.46-4.7 | -16.77 | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A |
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
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) generated -$912K in operating cash flow during fiscal year 2026, representing cash generated from 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 debt-to-equity ratio?
Pelican Acqsn (PELI) had a debt-to-equity ratio of -220.19 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
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.
What is Pelican Acqsn's cash runway?
Based on fiscal year 2026 data, Pelican Acqsn (PELI) had $77 in cash against an annual operating cash burn of $912K. 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 Pelican Acqsn's debt-to-equity ratio negative or unusual?
Pelican Acqsn (PELI) has negative shareholder equity of -$405K as of fiscal year 2026, 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 Pelican Acqsn's earnings high quality?
Pelican Acqsn (PELI) has an earnings quality ratio of -0.73x, 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.
Can Pelican Acqsn cover its interest payments?
Pelican Acqsn (PELI) has an interest coverage ratio of -0.5x, meaning it can struggle to cover its interest obligations. 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.