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Financial statements

Iron Horse Acquisition II Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data Iron Horse Acquisition II 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

FY2025
General and administrative0.2
Operating income-0.2
Net income-0.2
EPS, basic-0.04
EPS, diluted-0.04
Shares, basic (weighted)5
Shares, diluted (weighted)5

Balance sheet

FY2025
Cash and equivalents0
Other current assets0.03
Total current assets0.03
Total assets0.36
Accounts payable0.05
Accrued liabilities0.05
Total current liabilities0.54
Total liabilities0.54
Paid-in capital0.03
Retained earnings-0.21
Shareholders' equity-0.17
Total equity-0.17
Total liabilities and equity0.36
Shares outstanding5.75

Cash flow statement

FY2025
Net income-0.2
Cash from operations-0.14
Cash from financing0.14
Net change in cash0

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $10.06 on September 23, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-56.0%Net income / average total assets.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.05xCurrent assets / current liabilities.
Quick ratio0.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets147.6%Total liabilities / total assets.
Working capital-$512.9KCurrent assets - current liabilities.
Tangible book value-$173.7KShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.04Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$0.04Net income per basic share, as reported (split-adjusted).
Operating cash flow per share-$0.03Cash from operations / diluted weighted shares.
Book value per share-$0.03Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.03Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$295.0MShare price x shares outstanding.
Enterprise value$295.0MMarket cap + total debt - cash - short-term investments.
Earnings yield-0.1%Net income / market cap (the inverse of P/E).
Was Iron Horse Acquisition II Corp. profitable in fiscal 2025?

No. It reported a net loss of $204.4K.

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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