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Financial statements

Velos Acquisition I Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 1 fiscal years, taken from the XBRL data Velos Acquisition I 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 administrative6.48
Operating income-6.48
Interest income12.3
Other non-operating income12.3
Net income5.78

Balance sheet

FY2025
Cash and equivalents0
Other current assets0.12
Total current assets1.3
Total assets308
Accrued liabilities4.8
Total current liabilities7.3
Total liabilities20.7
Retained earnings-19.4
Shareholders' equity-19.4
Total equity-19.4
Total liabilities and equity308

Cash flow statement

FY2025
Net income5.78
Stock-based compensation1.62
Cash from operations-1.47
Cash from financing1.82
Net change in cash0.35

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 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)1.3%Net income / average total assets.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.03xCurrent assets / current liabilities.
Quick ratio0.02x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.02x(Cash + short-term investments) / current liabilities.
Liabilities / assets6.9%Total liabilities / total assets.
Working capital-$8.0MCurrent assets - current liabilities.
Tangible book value-$21.4MShareholders' equity - goodwill - intangible assets.
Was Velos Acquisition I Corp. profitable in fiscal 2025?

Yes. Net income was $5.8M, 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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