Pantages Capital Acquisition Corporation (PGAC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PGAC SEC filings page.
This page shows Pantages Capital Acquisition Corporation (PGAC) 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).
Negative equity and weak liquidity define a balance sheet financed more by liabilities than operating cash generation.
The company reports$2.5M of net income despite a-$1.0M operating loss and-$1.1M of operating cash flow, implying that reported profit is not tracking operating performance or cash creation. Meanwhile,$91.7M of liabilities against$90.4M of assets leaves negative equity, while a 0.3x current ratio signals that near-term obligations exceed current assets.
With no revenue or free-cash-flow figures reported, the clearest operating signal is cash use: operations consumed
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
Pantages Capital Acquisition Corporation 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, Pantages Capital Acquisition Corporation used $0.42 of operating cash (-$1.1M OCF vs $2.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Pantages Capital Acquisition Corporation reported $538K in net income in Q2 2026. This represents a decrease of 25.6% from the same quarter a year earlier. Against the prior quarter it is up 52.3%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Pantages Capital Acquisition Corporation held $352 in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
PGAC 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
PGAC 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $29.4M-66.9% | $91.0M+3.6% | $90.4M+3.7% | $89.7M | $88.7M | $87.9M | $87.2M | N/A |
| Current Assets | $71K-82.8% | $175K-60.2% | $275K-58.0% | $457K | $415K | $441K | $655K | N/A |
| Cash & Equivalents | $352-99.9% | $89K-67.4% | $188K-64.8% | $349K+3116.8% | $295K | $273K | $533K | $11K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $31.5M-64.8% | $92.9M+5.0% | $91.7M+4.8% | $90.7M | $89.5M | $88.4M | $87.5M | N/A |
| Current Liabilities | $1.3M+321.9% | $1.1M+623.9% | $792K+412.4% | $575K | $308K | $155K | $155K | N/A |
| Non-Current Liabilities | $30.2M-66.2% | $91.7M+3.9% | $90.9M+4.1% | $90.1M | $89.2M | $88.3M | $87.4M | N/A |
| Total Equity | -$2.1M-176.6% | -$1.8M-213.9% | -$1.4M-281.4% | -$980K-706.7% | -$755K | -$577K | -$362K | -$122K |
| Retained Earnings | -$2.1M-176.5% | -$1.8M-213.8% | -$1.4M-281.2% | -$981K | -$755K | -$578K | -$362K | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
PGAC 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, Investing Cash Flow, Dividends Paid, Share Buybacks.
PGAC 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 (-$1.4M), 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 (0.35), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Pantages Capital Acquisition Corporation Ranks
Frequently Asked Questions
Is Pantages Capital Acquisition Corporation profitable?
Yes, Pantages Capital Acquisition Corporation (PGAC) reported a net income of $2.5M in fiscal year 2025.
What is Pantages Capital Acquisition Corporation's operating cash flow?
Pantages Capital Acquisition Corporation (PGAC) recorded an outflow of $1.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Pantages Capital Acquisition Corporation's total assets?
Pantages Capital Acquisition Corporation (PGAC) had $90.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Pantages Capital Acquisition Corporation's current ratio?
Pantages Capital Acquisition Corporation (PGAC) had a current ratio of 0.35 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Pantages Capital Acquisition Corporation's return on assets (ROA)?
Pantages Capital Acquisition Corporation (PGAC) had a return on assets of 2.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Pantages Capital Acquisition Corporation's P/E ratio?
Pantages Capital Acquisition Corporation (PGAC) trades at 46.3x earnings, its market capitalization divided by net income of $2.5M net income, FY2025. The market capitalization is $118.1M as of Sep 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Pantages Capital Acquisition Corporation's price-to-sales ratio?
Pantages Capital Acquisition Corporation (PGAC) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $118.1M as of Sep 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is Pantages Capital Acquisition Corporation's debt-to-equity ratio negative or not reported?
Pantages Capital Acquisition Corporation (PGAC) has negative shareholder equity of -$1.4M 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.
Are Pantages Capital Acquisition Corporation's earnings high quality?
For every $1 of reported earnings, Pantages Capital Acquisition Corporation (PGAC) used $0.42 of operating cash (-$1.1M OCF vs $2.5M 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.