Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data CO2 Energy Transition 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
FY2024
FY2024
FY2025
General and administrative
0.18
0.25
0.65
Operating income
-0.18
-0.25
-0.65
Interest expense
0
0
Interest income
0.31
2.88
Other non-operating income
0.31
2.88
Pre-tax income
-0.18
0.06
2.23
Income tax
0.06
0.58
Net income
-0.18
0
1.65
Balance sheet
FY2024
FY2024
FY2025
Cash and equivalents
0
0.95
0.29
Other current assets
0.22
0.1
Total current assets
0
1.17
0.38
Total assets
0.25
70.5
72.5
Accrued liabilities
0.15
0.3
0.14
Total current liabilities
0.59
0.45
0.81
Total liabilities
0.59
2.52
2.88
Paid-in capital
0.02
Retained earnings
-0.36
-1.26
-1.79
Shareholders' equity
-0.34
-1.26
-1.79
Total equity
-0.34
-1.26
-1.79
Total liabilities and equity
0.25
70.5
72.5
Shares outstanding
2.3
2.69
2.69
Cash flow statement
FY2024
FY2024
FY2025
Net income
-0.18
0
1.65
Deferred income tax
-0.04
-0.05
-0.11
Change in payables
0.07
0.15
-0.16
Cash from operations
-0.11
-0.31
-0.75
Cash from investing
-69
0.08
Stock issued
-3.35
Cash from financing
0.12
70.3
Net change in cash
0
0.95
-0.67
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 $10.68 on September 17, 2026.
Profitability
Metric
Value
How it is calculated
Effective tax rate
26.9%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
2.0%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
62,680.0%
Net income vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
2.9%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.21x
Current assets / current liabilities.
Quick ratio
0.01x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.01x
(Cash + short-term investments) / current liabilities.
Market cap + total debt - cash - short-term investments.
P/E
27.1x
Market cap / net income. Only when net income is positive.
Earnings yield
3.7%
Net income / market cap (the inverse of P/E).
Was CO2 Energy Transition Corp. profitable in fiscal 2025?
Yes. Net income was $1.7M, 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.