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Financial statements

Spark I Acquisition Corp financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Spark I 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

FY2023FY2023FY2024FY2025
Interest income1.185.252.88
Other non-operating income01.185.252.88
Net income-1.33-0.733.150.29

Balance sheet

FY2023FY2023FY2024FY2025
Cash and equivalents0.591.40.380.11
Other current assets0.090.160.10.08
Total current assets0.681.560.480.19
Other non-current assets0.08
Total assets1.310310725.4
Accounts payable0
Accrued liabilities00.410.510.6
Total current liabilities3.070.411.353.85
Total liabilities3.073.914.857.35
Paid-in capital0.020.25
Retained earnings-1.79-2.52-4.37-7.15
Shareholders' equity-1.76-2.27-4.37-7.15
Total equity-1.76-2.27-4.37-7.15
Total liabilities and equity1.310310725.4

Cash flow statement

FY2023FY2023FY2024FY2025
Net income-1.33-0.733.150.29
Cash from operations-1.14-1.33-1.87-2.46
Purchases of investments-101
Cash from investing-10184.6
Debt issued1.751
Stock issued100
Share buybacks-84.8
Cash from financing1.481030.84-82.4
Net change in cash0.340.82-1.03-0.26

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 $11.59 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-9.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y-90.7%Net income vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-76.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y168.9%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 ratio0.08xCurrent assets / current liabilities.
Quick ratio0.06x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.06x(Cash + short-term investments) / current liabilities.
Liabilities / assets38.2%Total liabilities / total assets.
Working capital-$6.0MCurrent assets - current liabilities.
Tangible book value-$9.5MShareholders' equity - goodwill - intangible assets.
Was Spark I Acquisition Corp profitable in fiscal 2025?

Yes. Net income was $293.6K, 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.

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