FATP · Fat Projects 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 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $477.8K | $9.1K | - | $1.25M | $262.8K | $189.1K | - | $43.9K |
| D&A | - | - | - | - | - | - | - | - |
| Operating Income | ($477.8K) | ($866.0K) | - | ($1.25M) | ($262.8K) | ($189.1K) | - | ($43.9K) |
| Interest Expense | $179.2K | $57.2K | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - |
| Net Income | ($598.2K) | ($344.3K) | - | ($676.8K) | ($78.5K) | ($158.1K) | - | ($43.9K) |
| EPS - Basic | - | - | - | - | - | - | - | ($0.02) |
| EPS - Diluted | - | - | - | - | - | - | - | ($0.02) |
Balance Sheet
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.9K | $3.9K | $72.8K | $244.0K | $468.7K | $565.2K | $754.9K | $175 |
| Accounts Receivable | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - |
| Current Assets | $5.34M | $56.85M | $116.95M | $400.2K | $643.4K | $857.4K | $969.8K | $156.1K |
| Total Assets | $5.34M | $56.85M | $116.95M | $116.21M | $115.91M | $115.97M | $116.09M | $156.1K |
| Current Liabilities | $7.49M | $6.69M | $5.75M | $1.17M | $191.6K | $178.1K | $136.5K | $181.4K |
| Long-term Debt | - | - | - | - | - | - | - | - |
| Total Liabilities | $7.49M | $6.69M | $5.75M | $5.19M | $4.22M | $4.20M | $4.16M | - |
| Stockholders' Equity | ($7.36M) | ($6.61M) | ($5.57M) | ($4.79M) | ($3.53M) | ($3.23M) | ($3.07M) | ($25.3K) |
| Retained Earnings | ($7.36M) | ($6.61M) | ($5.57M) | ($4.79M) | ($3.53M) | ($3.23M) | ($3.07M) | ($50.3K) |
Cash Flow
| Line item | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($36.2K) | - | - | - | ($189.7K) | - | - |
| Investing Cash Flow | - | $60.63M | - | - | - | - | - | - |
| Financing Cash Flow | - | ($60.66M) | - | - | - | - | - | - |
| CapEx | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|
| 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 | -11.2% | -0.6% | - | -0.6% | -0.1% | -0.1% | - | -28.1% |
| Return on equity | 8.1% | 5.2% | - | 14.1% | 2.2% | 4.9% | - | 173.5% |
| Return on invested capital | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||
| Current ratio | 0.71 | 8.50 | 20.33 | 0.34 | 3.36 | 4.81 | 7.11 | 0.86 |
| Quick ratio | 0.71 | 8.50 | 20.33 | 0.34 | 3.36 | 4.81 | 7.11 | 0.86 |
| Cash ratio | 0.00 | 0.00 | 0.01 | 0.21 | 2.45 | 3.17 | 5.53 | 0.00 |
| Leverage | ||||||||
| Debt / Equity | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - |
| Interest coverage | -2.7x | -15.1x | - | - | - | - | - | - |
| Equity multiplier | -0.73 | -8.61 | -21.00 | -24.27 | -32.81 | -35.92 | -37.81 | -6.17 |
| Liabilities / Assets | 1.40 | 0.12 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | - |
| 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) | -81.8% | -358.0% | - | -2758.5% | - | - | - | - |
| Net income growth (YoY) | -662.3% | -117.7% | - | -1442.2% | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -108.2% | -104.6% | -81.4% | -18827.4% | - | - | - | - |
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing FAT PROJECTS ACQUISITION CORP against the 5 most active filers in the same SIC group.