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CoverageForm 410-K10-Q8-K13D13G13F

FNVT · Finnovate 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 itemQ1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Revenue----------
Cost of Revenue----------
Gross Profit----------
R&D----------
SG&A$5.8K-$375.2K$455.8K$321.2K-$635.6K$543.9K$302.3K-
Total Operating Expenses----------
D&A----------
Operating Income($5.8K)-($375.2K)($455.8K)($321.2K)-($635.6K)($543.9K)($302.3K)-
Interest Expense$2.2K---------
Income Tax----------
Net Income$75.3K-($97.3K)($49.6K)$242.1K-$6.1K$798.3K$1.61M-
EPS - Basic--------($0.01)-
EPS - Diluted----------

Balance Sheet

Line itemQ1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Cash & Equivalents$99.8K$769$7.6K$35.5K$5.4K$37$867$84$94.1K$244.2K
Accounts Receivable----------
Inventory----------
Accounts Payable----------
Current Assets$123.8K$24.8K$46.0K$96.4K$82.5K$37.4K$67.1K$219.0K$373.1K$558.7K
Total Assets$10.54M$10.23M$26.17M$25.83M$52.15M$51.24M$50.37M$49.68M$180.81M$179.09M
Current Liabilities-$5.11M$4.58M$4.14M$3.50M$2.83M$2.05M$1.37M$1.13M$1.01M
Long-term Debt----------
Total Liabilities$5.35M--------$1.01M
Stockholders' Equity($5.22M)($5.09M)($4.54M)($4.05M)($3.42M)($2.80M)($1.99M)($1.15M)($756.2K)($455.3K)
Retained Earnings-($5.09M)($4.54M)($4.05M)($3.42M)($2.80M)($1.99M)($1.15M)($756.6K)($455.8K)

Cash Flow

Line itemQ1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Operating Cash Flow$99.0K---($262.0K)---($150.1K)-
Investing Cash Flow($130.3K)---($300.0K)-----
Financing Cash Flow$130.3K---$567.4K-----
CapEx----------
Free Cash Flow----------

Ratios

MetricQ1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '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----------
Return on assets0.7%--0.4%-0.2%0.5%-0.0%1.6%0.9%-
Return on equity-1.4%-2.1%1.2%-7.1%--0.3%-69.4%-212.6%-
Return on invested capital----------
Liquidity
Current ratio-0.000.010.020.020.010.030.160.330.55
Quick ratio-0.000.010.020.020.010.030.160.330.55
Cash ratio-0.000.000.010.000.000.000.000.080.24
Leverage
Debt / Equity----------
Debt / Assets----------
Debt / EBITDA----------
Interest coverage-2.6x---------
Equity multiplier-2.02-2.01-5.77-6.38-15.26-18.32-25.37-43.20-239.11-393.30
Liabilities / Assets0.51--------0.01
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)98.2%-41.0%16.2%-6.3%--119.1%-155.7%-72.6%-
Net income growth (YoY)-68.9%----84.9%--98.8%2026.8%--
EPS growth (YoY)----------
EPS CAGR (3y)----------
EPS CAGR (5y)----------
FCF growth (YoY)----------
FCF CAGR (5y)----------
Book value growth (YoY)-52.8%-81.9%-128.5%-252.0%-352.0%-514.2%----

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%
BOCN---

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