Texas Ventures Acquisition III Financials
This page shows Texas Ventures Acquisition III (TVA) 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).
This company's economic engine is balance-sheet recycling, with $227.4M of financing largely redirected into assets.
Reported profit of$5.9M did not become cash, because operating cash flow was-$438K . At the same time, investing outflows of$226.1M were almost matched by financing inflows of$227.4M , so the year was shaped more by capital deployment than by a self-funding operating model.
The balance sheet carries negative equity: liabilities of
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Texas Ventures Acquisition III's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
With a current ratio of 4.10, Texas Ventures Acquisition III holds $4.10 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 81/100.
For every $1 of reported earnings, Texas Ventures Acquisition III generates $-0.07 in operating cash flow (-$438K OCF vs $5.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Texas Ventures Acquisition III reported $5.9M in net income in fiscal year 2025.
Cash & Balance Sheet
Texas Ventures Acquisition III held $856K in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Capital Allocation
TVA Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | 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 |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | 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 |
| Net Income | -$472K | N/A | -$1.2M-140.9% | $2.9M+7522.8% | -$40K | N/A | -$26K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | $-0.01 | N/A | N/A |
TVA Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|
| Total Assets | $235.2M+0.7% | $233.5M+0.9% | $231.3M+1.0% | $229.1M+21918.2% | $1.0M+307.6% | $255K | N/A |
| Current Assets | $640K-33.2% | $959K-4.5% | $1.0M-10.6% | $1.1M+84.5% | $608K+8850.3% | $7K | N/A |
| Cash & Equivalents | $474K-44.7% | $856K-2.3% | $876K-9.6% | $970K+61.0% | $603K+26894.5% | $2K-58.0% | $5K |
| Inventory | 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 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $245.9M+1.7% | $241.7M-1.5% | $245.4M+2.4% | $239.6M+21685.9% | $1.1M+299.9% | $275K | N/A |
| Current Liabilities | $2.4M+928.4% | $234K+1074.4% | $20K-61.4% | $52K-95.3% | $1.1M+299.9% | $275K | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$10.8M-30.5% | -$8.2M+41.5% | -$14.1M-34.1% | -$10.5M-17613.6% | -$59K-200.6% | -$20K-1261.2% | -$1K |
| Retained Earnings | -$10.8M-9.1% | -$9.9M+30.0% | -$14.1M-34.1% | -$10.5M-12363.4% | -$84K-88.5% | -$45K | N/A |
TVA Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$382K-1780.0% | -$20K+78.2% | -$93K+88.3% | -$798K-268.5% | $473K+571.9% | -$100K-34.3% | -$75K |
| Capital Expenditures | 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 |
| Investing Cash Flow | N/A | $0 | $0 | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | $0 | $0-100.0% | $227.3M+178868.4% | $127K+30.7% | $97K+21.5% | $80K |
| Dividends Paid | 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 | N/A |
TVA Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -0.2% | N/A | -0.5%-1.8pp | 1.3%+5.1pp | -3.8% | N/A | N/A |
| Current Ratio | 0.27-3.8 | 4.10-46.3 | 50.42+28.7 | 21.75+21.2 | 0.55+0.5 | 0.02 | N/A |
| Debt-to-Equity | -22.86+6.5 | -29.33-11.9 | -17.41+5.4 | -22.79-4.3 | -18.53-4.6 | -13.93 | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$8.2M), 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.
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Frequently Asked Questions
Is Texas Ventures Acquisition III profitable?
Yes, Texas Ventures Acquisition III (TVA) reported a net income of $5.9M in fiscal year 2025.
What is Texas Ventures Acquisition III's operating cash flow?
Texas Ventures Acquisition III (TVA) generated -$438K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Texas Ventures Acquisition III's total assets?
Texas Ventures Acquisition III (TVA) had $233.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Texas Ventures Acquisition III's current ratio?
Texas Ventures Acquisition III (TVA) had a current ratio of 4.10 as of fiscal year 2025, which is generally considered healthy.
What is Texas Ventures Acquisition III's debt-to-equity ratio?
Texas Ventures Acquisition III (TVA) had a debt-to-equity ratio of -29.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Texas Ventures Acquisition III's return on assets (ROA)?
Texas Ventures Acquisition III (TVA) 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 Texas Ventures Acquisition III's cash runway?
Based on fiscal year 2025 data, Texas Ventures Acquisition III (TVA) had $856K in cash against an annual operating cash burn of $438K. This gives an estimated cash runway of approximately 23 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 Texas Ventures Acquisition III's debt-to-equity ratio negative or unusual?
Texas Ventures Acquisition III (TVA) has negative shareholder equity of -$8.2M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. 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 Texas Ventures Acquisition III's earnings high quality?
Texas Ventures Acquisition III (TVA) has an earnings quality ratio of -0.07x, considered low quality (accrual-driven). 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.
How financially healthy is Texas Ventures Acquisition III?
Texas Ventures Acquisition III (TVA) scores 13 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.