Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Concord Acquisition Corp II 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
FY2022
FY2023
FY2024
FY2025
Operating income
-1.16
-2.31
-2.15
-1.27
Interest income
4.05
11.2
3.4
0.14
Other non-operating income
16.5
11.6
2.06
1.85
Pre-tax income
15.3
9.27
-0.09
0.58
Income tax
0.78
2.31
0.67
0.03
Net income
14.5
6.96
-0.77
0.56
Balance sheet
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
1.08
0.36
0.54
0.2
Other current assets
0.29
0.01
0.1
0.03
Total current assets
1.37
0.38
0.86
0.25
Total assets
285
154
24.7
0.35
Accounts payable
0.11
1.16
2.5
2.72
Total current liabilities
0.51
2.52
5.21
6.07
Total liabilities
12
8.58
9.83
8.97
Retained earnings
-10.2
-8.21
-8.97
-8.75
Shareholders' equity
-10.2
-8.21
-8.97
-8.75
Total equity
-10.2
-8.21
-8.97
-8.75
Total liabilities and equity
285
154
24.7
0.35
Cash flow statement
FY2022
FY2023
FY2024
FY2025
Net income
14.5
6.96
-0.77
0.56
Change in payables
-0.2
1.05
1.34
0.22
Cash from operations
-1.39
-3.68
-1.55
-0.93
Cash from investing
0.71
141
134
23.8
Cash from financing
-138
-132
-23.2
Net change in cash
-0.68
-0.72
0.17
-0.34
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 $12.50 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
348.2%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income CAGR, 3y
-66.3%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-98.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-89.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.04x
Current assets / current liabilities.
Quick ratio
0.02x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.02x
(Cash + short-term investments) / current liabilities.
Was Concord Acquisition Corp II profitable in fiscal 2025?
Yes. Net income was $556.0K, a net margin of -.
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.