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ANSC

Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares

ANSC

Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares • NASDAQ
$11.14 ▲ 0.32% (+0.04)
Market Cap $462.84 M
52w High $11.14
52w Low $10.42
Dividend Yield 0%
P/E 55.7
Volume 907
Outstanding Shares 41.55M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $737.165K ▼ $3.414M ▲ 0% $0.08 ▲ $0 ▲
Q2-2025 $0 $4.188M ▲ $-131.886K ▼ 0% $-0.003 ▼ $-4.188M ▼
Q1-2025 $0 $-39.833K ▼ $4.018M ▲ 0% $0.093 ▲ $39.833K ▲
Q4-2024 $0 $2.838M ▼ $1.494M ▲ 0% $0.035 ▲ $-2.838M ▼
Q3-2024 $0 $4.339M $490.583K 0% $0.011 $0

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $0 $378.295M ▲ $27.308M ▲ $-27.26M ▼
Q2-2025 $0 $374.25M ▲ $26.676M ▲ $347.574M ▼
Q1-2025 $0 $370.257M ▲ $22.551M ▼ $347.706M ▲
Q4-2024 $0 $366.335M ▲ $22.647M ▲ $343.688M ▲
Q3-2024 $0 $362.172M $19.979M $342.194M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $890.13K ▼ $0 $0 $0 $0 $0
Q2-2025 $2.392M ▼ $0 $0 $0 $0 $0
Q1-2025 $4.018M ▲ $0 $0 $0 $0 $0
Q4-2024 $1.494M ▲ $0 ▼ $0 $0 ▲ $0 $0 ▼
Q3-2024 $490.583K $422.555K $0 $-422.554K $0 $422.555K

Five-Year Company Overview

Income Statement

Income Statement ANSC is a newly listed SPAC, so its income statement is more of a “holding structure” than a normal operating business. It has no meaningful revenue, no cost of goods sold, and no traditional operating activities. The small profit shown recently likely reflects interest income and accounting items rather than an underlying business. In practical terms, the income statement does not yet tell you how a future combined company might perform, because ANSC has not completed a merger and does not run an operating business of its own.

Balance Sheet

Balance Sheet The balance sheet is light and simple, as is typical for a SPAC. The company shows a modest base of assets and equity and no financial debt in the data provided. Most of the economic value in a SPAC usually sits in a separate trust account raised at IPO, which is not fully visible in this simplified snapshot but is referenced in the narrative. The key message: ANSC currently looks financially clean and relatively unleveraged, but also very small and purely transactional until a merger is completed. The main risk noted in filings is that, if it fails to close a deal in time, its ability to continue as a going concern could come into question.

Cash Flow

Cash Flow Reported cash flow activity is essentially flat, again consistent with a SPAC that has not yet acquired an operating target. There is no meaningful operating cash inflow or outflow, no visible capital spending, and essentially no free cash flow from a real business. Cash movements are mostly related to financial structuring, trust accounting, and listing costs rather than day‑to‑day business operations. Future cash flow quality will depend entirely on the company ANSC eventually merges with, not on the current shell.

Competitive Edge

Competitive Edge As a blank‑check company, ANSC does not have customers, products, or market share of its own, so it has no traditional competitive moat today. Its “edge” is instead tied to its sponsors, their sector knowledge, and their ability to source and close an attractive deal. The terminated transaction with Australian Food & Agriculture showed a clear intention to focus on sustainable agriculture and natural capital, which could have offered differentiation if it closed. With that deal canceled, ANSC is back to competing with many other SPACs and investment vehicles for suitable targets, under time pressure and with listing compliance issues already flagged by Nasdaq. Its competitive position therefore hinges on execution rather than on inherent business strengths.

Innovation and R&D

Innovation and R&D ANSC itself does not carry out research, development, or product innovation. Any future innovation story will come from whatever company it eventually acquires. The previously planned merger hinted at a strategic tilt toward agricultural decarbonization and premium, sustainability‑focused food production, guided by sponsors with experience in energy transition and impact investing. That blueprint suggests a preference for impact‑oriented, sustainability‑linked innovation. However, with the prior deal now abandoned, there is no concrete R&D pipeline or technology base to evaluate at the ANSC level—only an indication of the type of innovative themes it may pursue in a future target.

Summary

ANSC is an early‑stage SPAC with no operating business, no revenue, and a very slim financial profile of its own. Its recent profitability is accounting‑driven rather than the result of a commercial franchise. The balance sheet appears simple and not burdened by debt, but the company’s value proposition rests almost entirely on the capital in its trust and its ability to close a merger before deadlines and listing requirements become binding constraints. The collapse of the proposed merger with Australian Food & Agriculture resets ANSC to square one: it must now find a new target, likely still in or around agriculture and sustainability if it sticks to its original thesis. Until a definitive new transaction is announced and detailed, ANSC is best viewed as a time‑limited financial vehicle whose future performance, risk, and innovation profile are unknown and will ultimately be defined by the quality of the business it acquires and the terms on which that deal is struck.