Republic Digital Acquisition Financials

RDAG

FY2025 annual

Revenue Not reported for FY2025

Net Income $7.7M YoY not available

EPS (Diluted) Not reported for FY2025

Free Cash Flow Not reported for FY2025

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

This page shows Republic Digital Acquisition (RDAG) 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).

Rhea AI RDAG FY2025 2026-05-13

Capital deployment and balance-sheet funding flows dominate the reported results, overwhelming what appears to be minimal operating activity.

Net income was $7.7M even though operating cash flow was -$388K. Because operating costs were only $359K and no revenue base is shown, the reported profit appears to come from non-operating accounting movements rather than cash-generating operations.

Assets and liabilities sit at $309.2M and $320.9M, so the large balance sheet still resolves into negative equity rather than a cushion for owners. That same posture shows up in cash movements: $301.4M of financing was almost entirely redirected into -$300.0M of investing, which is more consistent with capital being parked or deployed than with an operating business funding itself.

Some figures from recent filings were inconsistent and were omitted from this summary.

Financial Health Signals

Financial health score not available

Republic Digital Acquisition 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.

Earnings Quality No Cash Backing

$0.05used

For every $1 of reported earnings, Republic Digital Acquisition used $0.05 of operating cash (-$388K OCF vs $7.7M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

Earnings & Revenue

Net Income

$7.7M

Republic Digital Acquisition reported $7.7M in net income in fiscal year 2025.

Revenue

Not reported for fiscal year 2025.

EBITDA

Not reported for fiscal year 2025.

EPS (Diluted)

Not reported for fiscal year 2025.

Cash & Balance Sheet

Cash & Debt

$1.0M

Republic Digital Acquisition held $1.0M in cash as of fiscal year 2025; long-term debt is not reported for that period.

Free Cash Flow

Not reported for fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Shares Outstanding

Not reported for fiscal year 2025.

Margins & Returns

None of these metrics is reported for fiscal year 2025.

Capital Allocation

None of these metrics is reported for fiscal year 2025.

RDAG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

RDAG annual income statement

Metric	TTM	FY25
SG&A Expenses	N/A	$359K
Operating Income	N/A	-$359K
Net Income	N/A	$7.7M

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense, Income Tax, EPS (Diluted).

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

RDAG Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

RDAG annual balance sheet

Metric	FY25
Total Assets	$309.2M
Current Assets	$1.1M
Cash & Equivalents	$1.0M
Total Liabilities	$320.9M
Current Liabilities	$80K
Total Equity	-$11.7M
Retained Earnings	-$11.7M

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.

RDAG Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

RDAG annual cash flow statement

Metric	TTM	FY25
Operating Cash Flow	-$283K	-$388K
Investing Cash Flow	N/A	-$300.0M
Financing Cash Flow	N/A	$301.4M

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

RDAG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

RDAG annual financial ratios

Metric	FY25
Return on Assets	2.5%
Current Ratio	13.88

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, FCF Margin.

Note: Shareholder equity is negative (-$11.7M), 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.

Where Republic Digital Acquisition Ranks

Frequently Asked Questions

Is Republic Digital Acquisition profitable?

Yes, Republic Digital Acquisition (RDAG) reported a net income of $7.7M in fiscal year 2025.

What is Republic Digital Acquisition's operating cash flow?

Republic Digital Acquisition (RDAG) recorded an outflow of $388K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Republic Digital Acquisition's total assets?

Republic Digital Acquisition (RDAG) had $309.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What is Republic Digital Acquisition's current ratio?

Republic Digital Acquisition (RDAG) had a current ratio of 13.88 as of fiscal year 2025, which is generally considered healthy.

What is Republic Digital Acquisition's return on assets (ROA)?

Republic Digital Acquisition (RDAG) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Republic Digital Acquisition's cash runway?

Based on fiscal year 2025 data, Republic Digital Acquisition (RDAG) had $1.0M in cash against an annual operating cash burn of $388K. This gives an estimated cash runway of approximately 31 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 Republic Digital Acquisition's debt-to-equity ratio negative or not reported?

Republic Digital Acquisition (RDAG) has negative shareholder equity of -$11.7M 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 Republic Digital Acquisition's earnings high quality?

For every $1 of reported earnings, Republic Digital Acquisition (RDAG) used $0.05 of operating cash (-$388K OCF vs $7.7M 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.