ASPCU · Aspac III Acquisition Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - |
| SG&A | $53.8K | - | $174.0K | $267.0K | $233.9K | - | $38.8K |
| Total Operating Expenses | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - |
| Operating Income | ($147.2K) | - | ($174.0K) | ($8.0K) | ($233.9K) | - | ($38.8K) |
| Interest Expense | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - |
| Net Income | ($114.0K) | - | $480.4K | $379.9K | $413.2K | - | ($38.8K) |
| EPS - Basic | - | - | - | - | - | - | ($0.03) |
| EPS - Diluted | - | - | - | - | - | - | ($0.03) |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $670.3K | $871.4K | $1.06M | $1.07M | $1.12M | $1.60M | - |
| Accounts Receivable | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - |
| Current Assets | $878.2K | $955.7K | $1.09M | $1.15M | $1.26M | $1.72M | - |
| Total Assets | $3.88M | $3.94M | $63.36M | $62.78M | $62.25M | $62.08M | $82.3K |
| Current Liabilities | $598.7K | $536.0K | $529.6K | $425.0K | $278.7K | $517.3K | $140.6K |
| Long-term Debt | - | - | - | - | - | - | - |
| Total Liabilities | $598.7K | $536.0K | $529.6K | $425.0K | $278.7K | $517.3K | $140.6K |
| Stockholders' Equity | $279.6K | $419.8K | $975.0K | ($148.6K) | ($140.6K) | $3.86M | ($137.9K) |
| Retained Earnings | $279.6K | $419.8K | $881.5K | $401.2K | $21.2K | ($392.0K) | ($165.6K) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($201.0K) | - | - | - | ($203.1K) | - | - |
| Investing Cash Flow | - | - | - | - | - | - | - |
| Financing Cash Flow | - | - | - | - | ($276.2K) | - | - |
| CapEx | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|
| Profitability | |||||||
| Gross margin | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - |
| Return on assets | -2.9% | - | 0.8% | 0.6% | 0.7% | - | -47.1% |
| Return on equity | -40.8% | - | 49.3% | -255.7% | -293.9% | - | 28.1% |
| Return on invested capital | - | - | - | - | - | - | - |
| Liquidity | |||||||
| Current ratio | 1.47 | 1.78 | 2.06 | 2.71 | 4.52 | 3.32 | - |
| Quick ratio | 1.47 | 1.78 | 2.06 | 2.71 | 4.52 | 3.32 | - |
| Cash ratio | 1.12 | 1.63 | 2.01 | 2.51 | 4.02 | 3.09 | - |
| Leverage | |||||||
| Debt / Equity | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - |
| Equity multiplier | 13.89 | 9.38 | 64.99 | -422.52 | -442.82 | 16.07 | -0.60 |
| Liabilities / Assets | 0.15 | 0.14 | 0.01 | 0.01 | 0.00 | 0.01 | 1.71 |
| Efficiency | |||||||
| Asset turnover | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - |
| Valuation | |||||||
| P / E | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - |
| Growth | |||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 37.1% | - | -348.6% | - | - | - | - |
| Net income growth (YoY) | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -89.1% | - | - | - | - | - |
Peer comparison
Same SIC group: Blank Checks
Comparing ASPAC III Acquisition Corp. against the 5 most active filers in the same SIC group.