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Financial statements

AltEnergy Acquisition Corp financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data AltEnergy Acquisition Corp files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2023FY2024FY2025
General and administrative1.211.691.911.15
Operating expenses1.532.283.942.03
Interest expense00.020.10.28
Interest income3.384.220.580.28
Other non-operating income155.621.34-0.3
Pre-tax income13.53.33-2.61-2.33
Income tax0.630.860.090.01
Net income12.92.47-2.7-2.34

Balance sheet

FY2022FY2023FY2024FY2025
Cash and equivalents0.210.070.020.02
Short-term investments0.11
Other current assets0.380.150.060.06
Total current assets0.590.360.20.2
Total assets238188.756.39
Accounts payable0.02
Total current liabilities0.674.138.0810.4
Total liabilities11.113.116.218.8
Paid-in capital0000
Retained earnings-9.49-12.9-16.1-18.7
Shareholders' equity-9.49-12.9-16.1-18.7
Total equity-9.49-12.9-16.1-18.7
Total liabilities and equity238188.756.39

Cash flow statement

FY2022FY2023FY2024FY2025
Net income12.92.47-2.7-2.34
Deferred income tax00
Change in payables0.45-0.050.350.14
Cash from operations-1.55-2.56-1.77-1.8
Cash from investing0.622249.632.64
Debt issued0.180.831.341.47
Stock issued00.18
Share buybacks0-222-9.51-2.6
Cash from financing0.16-221-7.93-0.84
Net change in cash-0.77-0.14-0.060
Income taxes paid01.180.090.01

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $12.00 on February 9, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-54.7%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y-26.9%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-70.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.02xCurrent assets / current liabilities.
Quick ratio0.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets339.9%Total liabilities / total assets.
Working capital-$11.3MCurrent assets - current liabilities.
Tangible book value-$21.8MShareholders' equity - goodwill - intangible assets.
Was AltEnergy Acquisition Corp profitable in fiscal 2025?

No. It reported a net loss of $2.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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