Voyager Acqsn Financials
This page shows Voyager Acqsn (VACHU) 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).
Financial Health Signals
For every $1 of reported earnings, Voyager Acqsn generates $-0.17 in operating cash flow (-$703K OCF vs $4.1M 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
Voyager Acqsn reported $4.1M in net income in fiscal year 2024.
Voyager Acqsn held $668K in cash against $0 in long-term debt as of fiscal year 2024.
VACHU Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|
| 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 | $406K+68.4% | $241K+2309.3% | $10K0.0% | $10K-80.3% | $51K-2.4% | $52K | N/A |
| Operating Income | -$406K-68.4% | -$241K | N/A | -$529K-941.6% | -$51K | 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 | $2.4M-5.4% | $2.5M+2.4% | $2.4M+84.1% | $1.3M+2701.4% | -$51K+2.4% | -$52K | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | $-0.01 | N/A | N/A |
VACHU Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|
| Total Assets | $267.5M+1.0% | $264.8M+1.0% | $262.3M+1.0% | $259.8M+66114.2% | $392K | N/A | $72K |
| Current Assets | $264K-13.0% | $303K-39.5% | $501K-29.7% | $712K+2749.3% | $25K | N/A | N/A |
| Cash & Equivalents | $252K+172.8% | $92K-79.2% | $445K-33.3% | $668K+2573.1% | $25K0.0% | $25K | $0 |
| 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 | $279.8M+1.1% | $276.7M+1.0% | $273.9M+1.0% | $271.2M+56963.8% | $475K | N/A | $77K |
| Current Liabilities | $491K+290.4% | $126K+46.0% | $86K+121.1% | $39K-91.8% | $475K | N/A | $77K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$12.3M-3.4% | -$11.9M-2.0% | -$11.6M-2.3% | -$11.4M-13625.9% | -$83K-158.6% | -$32K-540.8% | -$5K |
| Retained Earnings | -$12.3M-3.4% | -$11.9M-2.0% | -$11.6M-2.3% | -$11.4M-10444.7% | -$108K | N/A | -$5K |
VACHU Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $160K+145.3% | -$353K-58.4% | -$223K-148.6% | -$90K | N/A | N/A | N/A |
| 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 | N/A | N/A | $0 | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | -$1 | $0-100.0% | $25K | N/A |
| 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 |
VACHU Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|
| 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 | 0.9%-0.1pp | 0.9%+0.0pp | 0.9%+0.4pp | 0.5%+13.5pp | -13.0% | N/A | N/A |
| Current Ratio | 0.54-1.9 | 2.41-3.4 | 5.81-12.5 | 18.28+18.2 | 0.05 | N/A | N/A |
| Debt-to-Equity | -22.80+0.5 | -23.32+0.2 | -23.55+0.3 | -23.85-18.1 | -5.74 | N/A | -15.34 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$11.4M), 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 Voyager Acqsn profitable?
Yes, Voyager Acqsn (VACHU) reported a net income of $4.1M in fiscal year 2024.
What is Voyager Acqsn's earnings per share (EPS)?
Voyager Acqsn (VACHU) reported diluted earnings per share of $0.24 for fiscal year 2024. 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 Voyager Acqsn's operating cash flow?
Voyager Acqsn (VACHU) generated -$703K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Voyager Acqsn's total assets?
Voyager Acqsn (VACHU) had $259.8M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Voyager Acqsn's current ratio?
Voyager Acqsn (VACHU) had a current ratio of 18.28 as of fiscal year 2024, which is generally considered healthy.
What is Voyager Acqsn's debt-to-equity ratio?
Voyager Acqsn (VACHU) had a debt-to-equity ratio of -23.85 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Voyager Acqsn's return on assets (ROA)?
Voyager Acqsn (VACHU) had a return on assets of 1.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Voyager Acqsn's cash runway?
Based on fiscal year 2024 data, Voyager Acqsn (VACHU) had $668K in cash against an annual operating cash burn of $703K. This gives an estimated cash runway of approximately 11 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 Voyager Acqsn's debt-to-equity ratio negative or unusual?
Voyager Acqsn (VACHU) has negative shareholder equity of -$11.4M as of fiscal year 2024, 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 Voyager Acqsn's earnings high quality?
Voyager Acqsn (VACHU) has an earnings quality ratio of -0.17x, 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.