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Financial statements

STARRY SEA ACQUISITION CORP financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data STARRY SEA 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

FY2025
Operating income-0.54
Net income0.32
EPS, basic-0.78
EPS, diluted-0.78
Shares, basic (weighted)1.61
Shares, diluted (weighted)1.61

Balance sheet

FY2025
Cash and equivalents0.11
Other current assets0.27
Total current assets0.38
Total assets58.7
Accounts payable0
Total current liabilities0
Total liabilities53
Paid-in capital5.45
Retained earnings0.31
Shareholders' equity5.76
Total equity5.76
Total liabilities and equity58.7
Shares outstanding1.89

Cash flow statement

FY2025
Net income0.32
Cash from operations-0.7
Cash from investing-57.5
Cash from financing58.3
Net change in cash0.11

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 $10.35 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)41.2%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.5%Net income / average total assets.
Return on invested capital (ROIC)-36.8%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.34xCurrent assets / current liabilities.
Quick ratio0.03x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Liabilities / assets96.5%Total liabilities / total assets.
Working capital-$158.3KCurrent assets - current liabilities.
Tangible book value$2.1MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
Book value per share$1.11Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.11Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$79.0MShare price x shares outstanding.
Enterprise value$79.0MMarket cap + total debt - cash - short-term investments.
P/E91.6xMarket cap / net income. Only when net income is positive.
P/B37.8xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book37.8xMarket cap / tangible book value, when positive.
Earnings yield1.1%Net income / market cap (the inverse of P/E).
Was STARRY SEA ACQUISITION CORP profitable in fiscal 2025?

Yes. Net income was $320.6K, 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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