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Starry Sea Acquisition Corp Unit (SSEAU) Financials

SSEAU
FY2025 annual
Revenue Not reported for FY2025
Net Income $321K YoY not available
EPS (Diluted) -$0.78 YoY not available
Operating Cash Flow -$703K YoY not available
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 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SSEAU SEC filings page.

This page shows Starry Sea Acquisition Corp Unit (SSEAU) 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 SSEAU FY2025

Financing inflows and investment activity dominate the reported business, while operating results leave a highly leveraged balance sheet behind.

FY2025’s $321K net income sits beside a $543K operating loss, showing that reported profitability did not come from operating profit. Operating cash flow of -$703K reinforces the earnings-quality gap: accounting income did not translate into cash generated by operations.

Liabilities of $53.0M against assets of $58.7M leave only $5.8M of equity, making the balance sheet structurally dependent on liabilities. A 9.2x debt-to-equity ratio quantifies that financing imbalance rather than merely describing it.

Investing cash flow of -$57.5M was nearly offset by financing cash flow of $58.3M, indicating that reported investment activity was funded primarily through financing rather than operating receipts. ROA of 0.6% and ROE of 5.6% remain modest relative to the capital structure.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Starry Sea Acquisition Corp Unit 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, Starry Sea Acquisition Corp Unit used $2.19 of operating cash (-$703K OCF vs $321K 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
$110K
YoY+607.0%
QoQ-66.3%

Starry Sea Acquisition Corp Unit reported $110K in net income in Q2 2026. This represents an increase of 607.0% from the same quarter a year earlier. Against the prior quarter it is down 66.3%.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$6K
QoQ-89.5%

Starry Sea Acquisition Corp Unit held $6K in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
8M
YoY0.0%
QoQ0.0%

Starry Sea Acquisition Corp Unit had 8M shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Return on Equity
5.2%
QoQ-2.8pp

Starry Sea Acquisition Corp Unit's ROE was 5.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. Against the prior quarter it is down 2.8 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Net Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

SSEAU 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.

SSEAU quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Operating Income-$378K-1650.6%-$159K-86.3%N/A-$253K-$22K-$86KN/A
Net Income$110K+607.0%$325K+480.4%N/A$70K-$22K-$86KN/A
EPS (Basic)N/A-$0.02+71.4%N/AN/AN/A-$0.07N/A
EPS (Diluted)N/A-$0.02+71.4%N/AN/AN/A-$0.07N/A
Diluted Shares (Avg)N/A2M+50.9%N/AN/AN/A1MN/A

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.

SSEAU 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.

SSEAU quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Total Assets$59.4M+21109.2%$59.1M$58.7M+234871.5%$58.4M$280KN/A$25K
Current Assets$80K+7903.3%$242K$380K$589K$1KN/AN/A
Cash & Equivalents$6K$58K$112K$0$0N/A$0
Short-Term Investments$0$0$0$0$0N/A$0
Long-Term Investments$0$0$0$0$0N/A$0
Total Liabilities$57.3M+15408.7%$55.0M$53.0M+165594.9%$50.9M$370KN/A$32K
Current Liabilities$238K-35.5%$22K$550-98.3%$27K$370KN/A$32K
Non-Current Liabilities$57.1M$55.0M$53.0M$50.8M$0N/A$0
Total Equity$2.1M+2438.5%$4.0M+6096.2%$5.8M+82743.9%$7.5M-$89K-$67K-$7K
Retained Earnings-$378K-230.3%N/A$314K+4597.7%-$44K-$114KN/A-$7K

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

SSEAU 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.

SSEAU quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Operating Cash Flow-$52K-5096.8%-$54K-$126K-$576K-$1KN/AN/A
Investing Cash FlowN/AN/A$0-$57.5MN/AN/AN/A
Financing Cash FlowN/AN/A$0$58.3M$2KN/AN/A

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

SSEAU 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.

SSEAU quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Return on Equity5.2%8.0%N/A0.9%N/AN/AN/A
Return on Assets0.2%+7.9pp0.5%N/A0.1%-7.7%N/AN/A
Current Ratio0.34+0.3x11.08690.2121.620.00N/AN/A
Debt-to-Equity27.4013.609.196.75N/AN/AN/A

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.

Frequently Asked Questions

Is Starry Sea Acquisition Corp Unit profitable?

Yes, Starry Sea Acquisition Corp Unit (SSEAU) reported a net income of $321K in fiscal year 2025.

What is Starry Sea Acquisition Corp Unit's earnings per share (EPS)?

Starry Sea Acquisition Corp Unit (SSEAU) reported diluted earnings per share of -$0.78 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Starry Sea Acquisition Corp Unit's return on equity (ROE)?

Starry Sea Acquisition Corp Unit (SSEAU) has a return on equity of 5.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Starry Sea Acquisition Corp Unit (SSEAU) recorded an outflow of $703K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Starry Sea Acquisition Corp Unit (SSEAU) had $58.7M in total assets as of fiscal year 2025, including both current and long-term assets.

Starry Sea Acquisition Corp Unit (SSEAU) had 8M shares outstanding as of fiscal year 2025.

Starry Sea Acquisition Corp Unit (SSEAU) had a current ratio of 690.21 as of fiscal year 2025, which is generally considered healthy.

Starry Sea Acquisition Corp Unit (SSEAU) had a debt-to-equity ratio of 9.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Starry Sea Acquisition Corp Unit (SSEAU) had a return on assets of 0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

For every $1 of reported earnings, Starry Sea Acquisition Corp Unit (SSEAU) used $2.19 of operating cash (-$703K OCF vs $321K 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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