Armada Acquisition Corp. II Warrant (XRPNW) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the XRPNW SEC filings page.
This page shows Armada Acquisition Corp. II Warrant (XRPNW) 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).
Financing-driven balance sheet dominates a business whose reported earnings do not come from operating activity
The combination of a $1.8M net profit, a-$1.7M operating loss, and-$349K of operating cash flow indicates that reported earnings were driven outside the core operating result and did not translate into cash. With no revenue or margin data reported, earnings quality is therefore better assessed through this profit-to-cash mismatch than through growth metrics.
Solvency and liquidity are both constrained: liabilities of
Investing cash outflows of
Financial Health Signals
Armada Acquisition Corp. II Warrant 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.
For every $1 of reported earnings, Armada Acquisition Corp. II Warrant used $0.20 of operating cash (-$349K OCF vs $1.8M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Armada Acquisition Corp. II Warrant reported $1.6M in net income in Q3 2026. This represents an increase of 83.2% from the same quarter a year earlier. Against the prior quarter it is up 43.7%.
Not reported for Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
Cash & Balance Sheet
Armada Acquisition Corp. II Warrant held $55K in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
None of these metrics is reported for Q3 2026.
Capital Allocation
None of these metrics is reported for Q3 2026.
XRPNW 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, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
XRPNW 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 | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|
| Total Assets | $241.3M+3.6% | $239.3M | $237.4M | $235.2M | $232.9M | N/A | N/A |
| Current Assets | $178K-75.1% | $272K | $446K | $549K | $716K | N/A | N/A |
| Cash & Equivalents | $55K-88.6% | $89K+23537.3% | $287K | $361K | $480K | $375 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $255.9M+6.0% | $253.3M | $250.4M | $245.3M | $241.5M | N/A | N/A |
| Current Liabilities | $5.5M+3459.7% | $5.1M | $4.3M | $1.5M | $154K | N/A | N/A |
| Non-Current Liabilities | $250.4M+3.8% | $248.3M | $246.2M | $243.9M | $241.3M | N/A | N/A |
| Total Equity | -$14.5M-69.3% | -$14.0M-65158.1% | -$13.1M-62689.7% | -$10.1M | -$8.6M | -$21K | -$21K |
| Retained Earnings | -$14.5M-69.3% | -$14.0M | -$13.1M | -$10.1M | -$8.6M | N/A | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
XRPNW 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, Dividends Paid, Share Buybacks.
XRPNW 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 (-$10.1M), 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.
Note: The current ratio is below 1.0 (0.37), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Armada Acquisition Corp. II Warrant Ranks
Frequently Asked Questions
Is Armada Acquisition Corp. II Warrant profitable?
Yes, Armada Acquisition Corp. II Warrant (XRPNW) reported a net income of $1.8M in fiscal year 2025.
What is Armada Acquisition Corp. II Warrant's operating cash flow?
Armada Acquisition Corp. II Warrant (XRPNW) recorded an outflow of $349K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Armada Acquisition Corp. II Warrant's total assets?
Armada Acquisition Corp. II Warrant (XRPNW) had $235.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Armada Acquisition Corp. II Warrant's current ratio?
Armada Acquisition Corp. II Warrant (XRPNW) had a current ratio of 0.37 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Armada Acquisition Corp. II Warrant's return on assets (ROA)?
Armada Acquisition Corp. II Warrant (XRPNW) had a return on assets of 0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Armada Acquisition Corp. II Warrant's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Armada Acquisition Corp. II Warrant (XRPNW) held $361K in cash, cash equivalents and investments, and reported an operating cash outflow of $349K over that year. Dividing the one by the other, the reported balance equals about 12 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Armada Acquisition Corp. II Warrant's debt-to-equity ratio negative or not reported?
Armada Acquisition Corp. II Warrant (XRPNW) has negative shareholder equity of -$10.1M 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 Armada Acquisition Corp. II Warrant's earnings high quality?
For every $1 of reported earnings, Armada Acquisition Corp. II Warrant (XRPNW) used $0.20 of operating cash (-$349K OCF vs $1.8M 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.