Plum Acquisition Financials

PLMUF

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Plum Acquisition (PLMUF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).

Rhea AI PLMUF FY2025 2026-04-22

Balance-sheet contraction, not operating recovery, defines PLMUF, with cash burn persisting as the asset base collapses.

Between FY2023 and FY2025, total assets fell from $157.6M to $579K, yet operating cash outflow stayed near the same order of magnitude. That mismatch says the company did not right-size its cash burn as the balance sheet shrank; the visible problem is structural financing strain, because a much smaller asset pool is still supporting recurring outflows and liabilities that remain larger than assets.

Near-term liquidity tightened sharply: the current ratio moved from 0.03x in FY2024 to 0.01x in FY2025. With only $49.9K of cash against $6.0M of current liabilities, the immediate burden is paying short-term claims, not converting profit into cash, so the pressure shows up first in liquidity rather than in reported earnings.

Negative equity deepened from -$5.2M to -$12.5M even though total liabilities declined. That pattern implies the balance sheet improved only superficially: obligations shrank, but the asset base eroded even faster, leaving less collateral, less financial flexibility, and less operating capacity behind the remaining claims.

Financial Health Signals

Financial health score pending refresh

We are recalculating Plum Acquisition'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.

Key Financial Metrics

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Earnings & Revenue

Revenue

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EBITDA

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Net Income

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EPS (Diluted)

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Cash & Balance Sheet

Free Cash Flow

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Cash & Debt

$50K

YoY+81.9%

Plum Acquisition held $50K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

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Shares Outstanding

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Margins & Returns

Gross Margin

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Operating Margin

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Net Margin

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Return on Equity

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Capital Allocation

R&D Spending

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Share Buybacks

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Capital Expenditures

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PLMUF Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	N/A	$1.9M-82.1%	$10.7M+162.3%	$4.1M+48869.2%	$8K
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	-$2.9M+4.9%	-$3.0M-262.5%	-$834K+70.4%	-$2.8M-269.3%	-$762K
Interest Expense	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$2.6M-124.6%	$10.4M+15.1%	$9.1M+1777.4%	$482K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	N/A	N/A	N/A	$15K-76.9%	$66K	N/A	N/A	$283K
Cost of Revenue	N/A	N/A	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	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$238K	N/A	N/A	N/A	$533K	N/A	N/A	N/A
Operating Income	-$238K	N/A	-$521K+20.9%	-$659K-23.7%	-$533K	N/A	-$1.3M-114.3%	-$600K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	-$276K+68.8%	-$885K-142.8%	-$365K	N/A	-$1.1M-375.2%	$407K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

PLMUF Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$579K-97.7%	$25.7M-83.7%	$157.6M-45.2%	$287.5M+0.8%	$285.2M
Current Assets	$85K-2.9%	$87K-65.2%	$251K-72.8%	$921K-62.6%	$2.5M
Cash & Equivalents	$50K+81.9%	$27K	$0-100.0%	$727K-65.8%	$2.1M
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$13.1M-57.7%	$31.0M-80.4%	$158.3M-46.9%	$298.2M-0.9%	$300.9M
Current Liabilities	$6.0M+91.2%	$3.2M+391431.9%	$805-99.9%	$1.3M+556.4%	$193K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A
Total Equity	-$12.5M-139.3%	-$5.2M-649.5%	-$698K+93.5%	-$10.7M+31.7%	-$15.7M
Retained Earnings	-$12.5M-139.3%	-$5.2M-648.8%	-$699K+93.5%	-$10.7M+31.7%	-$15.7M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$531K-8.3%	$579K-12.2%	$660K-67.4%	$2.0M+8.6%	$1.9M-92.8%	$25.7M+0.6%	$25.6M+1.4%	$25.2M
Current Assets	$34K-60.5%	$85K-49.8%	$169K-41.2%	$288K+102.4%	$142K+62.7%	$87K-53.2%	$187K+68.3%	$111K
Cash & Equivalents	$438-99.1%	$50K-53.5%	$107K-55.3%	$240K+156.8%	$93K+241.0%	$27K-76.2%	$115K+132.9%	$49K
Inventory	N/A	N/A	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	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$8.7M-33.9%	$13.1M+74.5%	$7.5M-12.6%	$8.6M+14.1%	$7.5M-75.7%	$31.0M+7.3%	$28.9M+6.2%	$27.2M
Current Liabilities	$6.2M+3.1%	$6.0M+21.8%	$4.9M+8.9%	$4.5M+21.5%	$3.7M+18.6%	$3.2M+25.6%	$2.5M+105.6%	$1.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$8.1M+35.1%	-$12.5M-82.9%	-$6.8M-4.3%	-$6.6M-15.9%	-$5.7M-8.2%	-$5.2M-59.3%	-$3.3M-68.3%	-$2.0M
Retained Earnings	-$8.1M+35.1%	-$12.5M-82.9%	-$6.8M-4.3%	-$6.6M-15.9%	-$5.7M-8.2%	-$5.2M-59.3%	-$3.3M-68.2%	-$2.0M

PLMUF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	-$893K+3.9%	-$929K+40.4%	-$1.6M-11.5%	-$1.4M-26.6%	-$1.1M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	$139.9M	$0+100.0%	-$282.5M
Financing Cash Flow	N/A	N/A	-$139.1M	$0-100.0%	$285.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$89K+41.3%	-$152K+34.5%	-$233K-4.8%	-$222K+22.3%	-$286K-105.2%	-$139K+59.7%	-$345K-50.8%	-$229K
Capital Expenditures	N/A	N/A	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	N/A	N/A
Investing Cash Flow	N/A	-$5K-100.4%	$1.3M+100294.7%	-$1K	N/A	-$23K	$0	$0
Financing Cash Flow	$40K-60.0%	$100K+108.7%	-$1.2M-411.5%	$370K	N/A	$75K-81.8%	$411K+73.1%	$238K
Dividends Paid	N/A	N/A	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	$0	$0

PLMUF Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	-158.3%-150.5pp	-7.8%+61.2pp	-69.0%+9084.1pp	-9153.1%
Net Margin	N/A	-134.1%-231.7pp	97.5%-124.7pp	222.2%-5574.6pp	5796.8%
Return on Equity	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	-10.0%-16.6pp	6.6%+3.5pp	3.1%+3.0pp	0.2%
Current Ratio	0.01-0.0	0.03-311.6	311.66+310.9	0.73-12.0	12.75
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	-4315.6%-3509.6pp	-806.0%	N/A	N/A	-211.7%
Net Margin	N/A	N/A	N/A	-5794.9%-5243.4pp	-551.5%	N/A	N/A	143.7%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	-41.8%+1.9pp	-43.7%-24.1pp	-19.6%	N/A	-4.4%-6.0pp	1.6%
Current Ratio	0.010.0	0.01-0.0	0.03-0.0	0.06+0.0	0.04+0.0	0.03-0.0	0.07-0.0	0.09
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$12.5M), 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 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Plum Acquisition's operating cash flow?

Plum Acquisition (PLMUF) generated -$893K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Plum Acquisition's total assets?

Plum Acquisition (PLMUF) had $579K in total assets as of fiscal year 2025, including both current and long-term assets.

What is Plum Acquisition's current ratio?

Plum Acquisition (PLMUF) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Plum Acquisition's cash runway?

Based on fiscal year 2025 data, Plum Acquisition (PLMUF) had $50K in cash against an annual operating cash burn of $893K. This gives an estimated cash runway of approximately 1 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 Plum Acquisition's debt-to-equity ratio negative or not reported?

Plum Acquisition (PLMUF) has negative shareholder equity of -$12.5M 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.