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CoverageForm 410-K10-Q8-K13D13G13F

BOCN · Blue Ocean 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.
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AnnualQuarterly

Income Statement

Line itemQ3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22Q3 '22Q2 '22
Revenue----------
Cost of Revenue----------
Gross Profit----------
R&D----------
SG&A$855.9K$1.71M$985.3K-$932.6K$2.30M$308.4K-$267.9K$11.1K
Total Operating Expenses----------
D&A----------
Operating Income($855.9K)($1.71M)($985.3K)-($932.6K)($2.30M)($308.4K)-($267.9K)($11.1K)
Interest Expense$16.7K$31.3K$2.6K-$5.4K-----
Income Tax------$0---
Net Income($612.6K)($963.3K)($96.3K)-$926.3K$899.4K$1.64M-($2.3K)($11.1K)
EPS - Basic----------
EPS - Diluted----------

Balance Sheet

Line itemQ3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22Q3 '22Q2 '22
Cash & Equivalents$47.7K$60.2K$38.6K$62.0K$627.6K$425.4K$363.1K$627.6K$730.4K$0
Accounts Receivable----------
Inventory----------
Accounts Payable----------
Current Assets$67.9K$149.3K$197.4K$128.2K$526.6K$1.41M$598.9K$863.7K$1.01M$1.05M
Total Assets$21.24M$20.96M$68.47M$67.34M$66.32M$201.35M$199.06M$197.09M$195.64M$194.81M
Current Liabilities$8.30M$7.42M$5.57M$4.33M$3.59M$3.01M$730.3K$686.7K$151.2K$69.1K
Long-term Debt----------
Total Liabilities$16.05M$15.15M$13.38M$12.16M$12.09M$11.26M$9.86M$9.54M$10.10M$10.21M
Stockholders' Equity($15.98M)($15.00M)($13.18M)($12.03M)($11.57M)($9.85M)($9.27M)($8.67M)($9.05M)($9.05M)
Retained Earnings($15.98M)($15.01M)($13.18M)($12.03M)($11.57M)($9.85M)($9.27M)($8.68M)($9.05M)($9.05M)

Cash Flow

Line itemQ3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22Q3 '22Q2 '22
Operating Cash Flow--($273.3K)---($264.5K)--($21.1K)
Investing Cash Flow--($180.0K)-------
Financing Cash Flow--$430.0K---$0--$60.0K
CapEx----------
Free Cash Flow----------

Ratios

MetricQ3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22Q3 '22Q2 '22
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------0.0%---
Return on assets-2.9%-4.6%-0.1%-1.4%0.4%0.8%--0.0%-0.0%
Return on equity3.8%6.4%0.7%--8.0%-9.1%-17.7%-0.0%0.1%
Return on invested capital----------
Liquidity
Current ratio0.010.020.040.030.150.470.821.266.6715.16
Quick ratio0.010.020.040.030.150.470.821.266.6715.16
Cash ratio0.010.010.010.010.170.140.500.914.830.00
Leverage
Debt / Equity----------
Debt / Assets----------
Debt / EBITDA----------
Interest coverage-51.3x-54.7x-374.6x--173.7x-----
Equity multiplier-1.33-1.40-5.19-5.60-5.73-20.44-21.48-22.72-21.63-21.52
Liabilities / Assets0.760.720.200.180.180.060.050.050.050.05
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)8.2%25.5%-219.5%--248.1%-20526.8%17.5%---
Net income growth (YoY)-------72.8%---
EPS growth (YoY)----------
EPS CAGR (3y)----------
EPS CAGR (5y)----------
FCF growth (YoY)----------
FCF CAGR (5y)----------
Book value growth (YoY)-38.2%-52.3%-42.2%-38.6%-27.9%-8.9%50.3%---

Peer comparison

Same SIC group: Blank Checks

CompanyRevenue (last FY)Net marginROE
ISPO---
INV$2.06M-14266.4%-143.6%
IEA$2.08B-4.0%-224.7%
TWOA---42.8%
TGAA--96.3%

Comparing Blue Ocean Acquisition Corp against the 5 most active filers in the same SIC group.