Wen Acquisition Corp Financials

WENN

FY2025 annual

Revenue Not reported for FY2025

Net Income $6.9M YoY not available

EPS (Diluted) Not reported for FY2025

Free Cash Flow Not reported for FY2025

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

This page shows Wen Acquisition Corp (WENN) 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 WENN FY2025 2026-05-14

A cash pass-through structure dominates: $301.5M raised was almost entirely redeployed, leaving only $554K on hand.

Reported profit does not equal operating self-funding: net income was $6.9M even though operating cash flow was -$760K, so accounting earnings did not arrive as cash from operations. With an operating loss of -$757K and no reported revenue base, the positive 2.2% ROA appears to come from balance-sheet or other non-operating movements rather than an established operating engine.

Liquidity and solvency point in different directions: current assets of $681K were comfortably above current liabilities of $131K, so near-term obligations look covered. But total liabilities still exceeded total assets, leaving negative equity of -$13.7M; that means the structure is supported by claims on assets, not by retained operating value.

Cash flow behavior looks transactional, not cumulative: a financing inflow of $301.5M was nearly matched by an investing outflow of -$300.2M, which fits an entity moving capital through the balance sheet rather than funding itself from operations. That left year-end cash at just $554K, so the company retained very little of the year’s large gross cash movement.

Financial Health Signals

Financial health score not available

Wen Acquisition Corp 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

$0.11used

For every $1 of reported earnings, Wen Acquisition Corp used $0.11 of operating cash (-$760K OCF vs $6.9M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

Earnings & Revenue

Net Income

$6.9M

Wen Acquisition Corp reported $6.9M in net income in fiscal year 2025.

Revenue

Not reported for fiscal year 2025.

EBITDA

Not reported for fiscal year 2025.

EPS (Diluted)

Not reported for fiscal year 2025.

Cash & Balance Sheet

Cash & Debt

$554K

Wen Acquisition Corp held $554K in cash as of fiscal year 2025; long-term debt is not reported for that period.

Free Cash Flow

Not reported for fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Shares Outstanding

Not reported for fiscal year 2025.

Margins & Returns

None of these metrics is reported for fiscal year 2025.

Capital Allocation

None of these metrics is reported for fiscal year 2025.

WENN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

WENN annual income statement

Metric	TTM	FY25
SG&A Expenses	N/A	$757K
Operating Income	N/A	-$757K
Net Income	N/A	$6.9M

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense, Income Tax, EPS (Diluted).

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

WENN Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

WENN annual balance sheet

Metric	FY25
Total Assets	$308.5M
Current Assets	$681K
Cash & Equivalents	$554K
Total Liabilities	$322.2M
Current Liabilities	$131K
Total Equity	-$13.7M
Retained Earnings	-$13.7M

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

WENN Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

WENN annual cash flow statement

Metric	TTM	FY25
Operating Cash Flow	-$663K	-$760K
Investing Cash Flow	N/A	-$300.1M
Financing Cash Flow	N/A	$301.5M

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

WENN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

WENN annual financial ratios

Metric	FY25
Return on Assets	2.2%
Current Ratio	5.19

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, FCF Margin.

Note: Shareholder equity is negative (-$13.7M), 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.

Where Wen Acquisition Corp Ranks

Frequently Asked Questions

Is Wen Acquisition Corp profitable?

Yes, Wen Acquisition Corp (WENN) reported a net income of $6.9M in fiscal year 2025.

What is Wen Acquisition Corp's operating cash flow?

Wen Acquisition Corp (WENN) recorded an outflow of $760K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Wen Acquisition Corp's total assets?

Wen Acquisition Corp (WENN) had $308.5M in total assets as of fiscal year 2025, including both current and long-term assets.

What is Wen Acquisition Corp's current ratio?

Wen Acquisition Corp (WENN) had a current ratio of 5.19 as of fiscal year 2025, which is generally considered healthy.

What is Wen Acquisition Corp's return on assets (ROA)?

Wen Acquisition Corp (WENN) had a return on assets of 2.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Wen Acquisition Corp's cash runway?

Based on fiscal year 2025 data, Wen Acquisition Corp (WENN) had $554K in cash against an annual operating cash burn of $760K. This gives an estimated cash runway of approximately 9 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 Wen Acquisition Corp's debt-to-equity ratio negative or not reported?

Wen Acquisition Corp (WENN) has negative shareholder equity of -$13.7M 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.

Are Wen Acquisition Corp's earnings high quality?

For every $1 of reported earnings, Wen Acquisition Corp (WENN) used $0.11 of operating cash (-$760K OCF vs $6.9M 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.