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Soulpower Acquisition Corporation (SOUL) Financials

SOUL
FY2025 annual
Revenue Not reported for FY2025
Net Income $6.0M YoY not available
EPS (Diluted) Not reported for FY2025
Operating Cash Flow -$2.3M YoY not available
Market Cap $355.5M as of Sep 17, 2026
Price / Sales n/m no revenue reported
Price / Earnings 59.6x on $6.0M net income, FY2025
Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2026

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 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SOUL SEC filings page.

This page shows Soulpower Acquisition Corporation (SOUL) 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 SOUL FY2025

FY2025’s dominant mechanic was transaction financing: cash moved through investing and financing channels while operating economics remained largely unobservable.

Near-offsetting $252.5M of financing inflow and $250.0M of investing outflow indicate that FY2025 cash movement was driven by transaction funding rather than operating cash generation. Meanwhile, $6.0M of net income coexisted with operating cash flow of -$2.3M, showing that reported earnings did not translate into cash.

The capital structure is unusually weak on the reported figures: liabilities exceeded assets by $10.8M, leaving equity negative, while the 0.9x current ratio points to current liabilities slightly exceeding current assets. The -25.0x debt-to-equity ratio is mathematically distorted by negative equity, so it should not be read as a conventional leverage multiple.

With no reported revenue, gross margin, or free cash flow, sales-based performance cannot be evaluated; the available return metric instead shows ROA of 2.3% on $259.1M of assets. That combination makes the filing more informative about funding flows and balance-sheet structure than about an operating business model.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Soulpower 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.

Earnings Quality No Cash Backing

For every $1 of reported earnings, Soulpower Acquisition Corporation used $0.38 of operating cash (-$2.3M OCF vs $6.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Net Income
$1.9M
YoY-10.0%
QoQ+21.7%

Soulpower Acquisition Corporation reported $1.9M in net income in Q2 2026. This represents a decrease of 10.0% from the same quarter a year earlier. Against the prior quarter it is up 21.7%.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$121K
YoY-82.6%
QoQ+114.1%

Soulpower Acquisition Corporation held $121K in cash as of Q2 2026; long-term debt is not reported for that period.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Shares Outstanding

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.

SOUL 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.

SOUL quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
SG&A Expenses$319K-18.3%$686K+281.1%N/A$402K+426.4%$390K+3796.9%$180KN/A$76K
Operating IncomeN/A$686K+281.1%N/AN/AN/A$180KN/AN/A
Interest Expense$59K$100K0.0%N/AN/AN/A$100KN/AN/A
Net Income$1.9M-10.0%$1.6M+979.3%N/A$2.2M+3048.1%$2.1M+21471.1%-$180KN/A-$76K
EPS (Basic)N/AN/AN/AN/AN/A-$0.02N/AN/A
EPS (Diluted)N/AN/AN/AN/AN/A-$0.02N/AN/A
Diluted Shares (Avg)N/AN/AN/AN/AN/A7MN/AN/A

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Income Tax.

SOUL 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.

SOUL quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$265.3M+4.7%$262.4M+423502.2%$259.1M+257613.2%$255.7M$253.5M$62K$101KN/A
Current Assets$3.1M+223.5%$2.5M$1.5M+1397.3%$573K$968KN/A$101KN/A
Cash & Equivalents$121K-82.6%$56K+1616.5%$207K+715.8%$385K$695K$3K$25KN/A
Short-Term Investments$0$0$0$0$0$0$0N/A
Long-Term Investments$0$0$0$0$0$0$0N/A
Total Liabilities$277.2M+6.0%$273.9M+88967.7%$269.9M+162126.5%$264.0M$261.4M$307K$166KN/A
Current Liabilities$4.4M+8402.9%$3.4M$1.7M+912.4%$52K$51KN/A$166KN/A
Non-Current Liabilities$272.8M+4.4%$270.5M$268.2M$264.0M$261.3MN/A$0N/A
Total Equity-$11.8M-50.2%-$11.5M-4568.7%-$10.8M-16274.6%-$8.3M-9518.2%-$7.9M-52658.2%-$246K-$66K-$86K
Retained Earnings-$11.8M-50.2%-$11.5M-4137.6%-$10.8M-11768.5%-$8.3M-$7.9M-$271K-$91KN/A

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

SOUL 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.

SOUL quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$1.3M-94.9%-$1.4M-1043.3%-$1.2M-24628.7%-$310K-272.5%-$685K-1857.6%-$124K-$5K-$83K
Investing Cash FlowN/AN/A$0$0N/AN/AN/AN/A
Financing Cash Flow$1.4M-99.4%$1.3M+1143.1%$989K+19674.2%$0-100.0%$251.4M+418861.0%$102K$5K$83K

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

SOUL 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.

SOUL quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Return on Assets0.7%-0.1pp0.6%+290.7ppN/A0.9%0.8%-290.1%N/AN/A
Current Ratio0.72-18.1x0.750.89+0.3x11.0518.83N/A0.60N/A

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 (-$10.8M), 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 (0.89), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Is Soulpower Acquisition Corporation profitable?

Yes, Soulpower Acquisition Corporation (SOUL) reported a net income of $6.0M in fiscal year 2025.

What is Soulpower Acquisition Corporation's operating cash flow?

Soulpower Acquisition Corporation (SOUL) recorded an outflow of $2.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Soulpower Acquisition Corporation's total assets?

Soulpower Acquisition Corporation (SOUL) had $259.1M in total assets as of fiscal year 2025, including both current and long-term assets.

Soulpower Acquisition Corporation (SOUL) had 26M shares outstanding as of fiscal year 2025.

Soulpower Acquisition Corporation (SOUL) had a current ratio of 0.89 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Soulpower Acquisition Corporation (SOUL) had a return on assets of 2.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Soulpower Acquisition Corporation (SOUL) trades at 59.6x earnings, its market capitalization divided by net income of $6.0M net income, FY2025. The market capitalization is $355.5M as of Sep 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Soulpower Acquisition Corporation (SOUL) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $355.5M as of Sep 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Soulpower Acquisition Corporation (SOUL) has negative shareholder equity of -$10.8M 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.

For every $1 of reported earnings, Soulpower Acquisition Corporation (SOUL) used $0.38 of operating cash (-$2.3M OCF vs $6.0M 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.

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