ADAC - American Drive Acqu... Stock Analysis | Stock Taper
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American Drive Acquisition Company Class A Ordinary Shares

ADAC

American Drive Acquisition Company Class A Ordinary Shares NASDAQ
$9.91 0.00% (+0.00)

Market Cap $227.93 M
52w High $9.95
52w Low $9.85
P/E 0
Volume 101
Outstanding Shares 23.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $31.33K $-31.33K 0% $-0 $-31.33K

What's going well?

There are no debt or interest expenses, and results are not distorted by one-time items. The company's share count is stable.

What's concerning?

The company made no sales and lost $31,329, with all expenses going to overhead. There is no sign of revenue or investment in growth areas like R&D or marketing.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.87K $124.61K $130.94K $-6.33K

What's financially strong about this company?

There is no goodwill or intangibles, so assets are not inflated by accounting entries. If 'other non-current assets' are valuable and liquid, there may be hidden value.

What are the financial risks or weaknesses?

The company has almost no cash, massive short-term liabilities, and owes more than it owns. Negative equity and over $38,000 in debt due soon are major red flags.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-31.33K $-12.42K $0 $14.29K $1.87K $-12.42K

What's strong about this company's cash flow?

The company was able to raise significant funds from both debt ($38,000) and equity ($25,000), showing some ability to attract capital. Working capital changes also provided a short-term cash boost.

What are the cash flow concerns?

Operations are burning real cash ($12,416), and the company is highly dependent on outside funding. Cash on hand is very low, and there are no shareholder returns or capital investments.