Twelve Seas Investment Company III (TWLV) Financials
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 Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TWLV SEC filings page.
This page shows Twelve Seas Investment Company III (TWLV) 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).
The reported vehicle ended FY2025 with negative equity, while financing inflows largely funded investment outflows rather than operating activity.
The combination of a$37K net gain and operating cash burn of$252K indicates reported earnings did not translate into cash. Meanwhile, a$172.5M investing outflow was nearly matched by a$173.4M financing inflow, showing that capital transactions dominated the period’s cash movements.
Liabilities of
Current assets of
Financial Health Signals
Twelve Seas Investment Company III does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
Twelve Seas Investment Company III reported $1.4M in net income in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 3.2%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Twelve Seas Investment Company III held $392K in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
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.
TWLV 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
TWLV 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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|
| Total Assets | $176.4M | $175.0M | $173.6M+211795.3% | N/A | N/A | $82K |
| Current Assets | $547K | $673K | $803K+2212.7% | N/A | N/A | $35K |
| Cash & Equivalents | $392K+14321.3% | $496K+13274.4% | $694K+2665.2% | $3K | $4K | $25K |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0 | $0 | $0 |
| Total Liabilities | $182.9M | $181.4M | $179.8M+242369.6% | N/A | N/A | $74K |
| Current Liabilities | $180K | $189K | $173K+133.8% | N/A | N/A | $74K |
| Non-Current Liabilities | $182.7M | $181.2M | $179.7Mn/m | N/A | N/A | $0 |
| Total Equity | -$6.5Mn/m | -$6.4Mn/m | -$6.2M-79832.5% | -$74K | -$43K | $8K |
| Retained Earnings | -$6.5M | -$6.4M | -$6.2Mn/m | N/A | N/A | -$17K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
TWLV 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.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
TWLV 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.
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 (-$6.2M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Twelve Seas Investment Company III TWLV | FY2025 | N/A | $37K | N/A | $236.7M | — |
| Globa Terra Acquisition Corporation GTERA | FY2025 | N/A | $2.9M | N/A | $248.4M | — |
| Dynamix Corporation DYNC | FY2025 | N/A | -$13.2M | N/A | $243.0M | — |
Where Twelve Seas Investment Company III Ranks
Frequently Asked Questions
Yes, Twelve Seas Investment Company III (TWLV) reported a net income of $37K in fiscal year 2025.
Twelve Seas Investment Company III (TWLV) recorded an outflow of $252K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Twelve Seas Investment Company III (TWLV) had $173.6M in total assets as of fiscal year 2025, including both current and long-term assets.
Twelve Seas Investment Company III (TWLV) had a current ratio of 4.63 as of fiscal year 2025, which is generally considered healthy.
Twelve Seas Investment Company III (TWLV) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Twelve Seas Investment Company III (TWLV) has no price-to-earnings ratio at the moment: outside the range published as a multiple (on $37K net income, FY2025). The market capitalization is $236.7M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Twelve Seas Investment Company III (TWLV) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $236.7M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Twelve Seas Investment Company III (TWLV) has negative shareholder equity of -$6.2M as of fiscal year 2025, so no debt-to-equity or liabilities-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.