FIGX
FIGX
FIGX Capital Acquisition Corp.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $159.27K ▲ | $1.44M ▲ | 0% | $0.08 ▲ | $1.44M ▲ |
| Q2-2025 | $0 | $84.36K ▲ | $-248.86K ▼ | 0% | $-0.07 ▼ | $-248.86K ▼ |
| Q1-2025 | $0 | $30.3K | $-30.3K | 0% | $-0.01 | $-30.3K |
What's going well?
The company reported a profit this quarter, reversing last quarter's loss. Earnings per share improved, and there are no interest or tax burdens.
What's concerning?
There is still no revenue, operating losses are growing, and profits came only from a large non-business gain. The share count jumped sharply, diluting existing shareholders.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $150.65M ▲ | $152.4M ▲ | $6.98M ▲ | $-5.23M ▼ |
| Q1-2025 | $0 | $46.58K | $51.88K | $-5.3K |
What's financially strong about this company?
The company has an extremely strong cash position and almost no debt, making it very safe from a liquidity standpoint. Its assets are all high quality and easy to access if needed.
What are the financial risks or weaknesses?
Shareholder equity is still negative, meaning past losses haven't been recovered. The business has no physical assets or long-term investments, and the jump in cash may not be sustainable.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-279.16K ▼ | $0 | $-150.65M ▼ | $150.65M ▲ | $0 | $0 |
| Q1-2025 | $-30.3K | $0 | $0 | $0 | $0 | $0 |
What's strong about this company's cash flow?
The company was able to raise a large amount of money by issuing new shares, showing some investor interest. Working capital changes provided a small, temporary cash benefit.
What are the cash flow concerns?
No cash is being generated from the business itself, and losses are growing. FIGX is highly dependent on selling stock to stay afloat, with no cash on hand and no free cash flow.
About FIGX Capital Acquisition Corp.
FIGX Capital Acquisition Corp. focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2025 and is based in Tiburon, California.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $159.27K ▲ | $1.44M ▲ | 0% | $0.08 ▲ | $1.44M ▲ |
| Q2-2025 | $0 | $84.36K ▲ | $-248.86K ▼ | 0% | $-0.07 ▼ | $-248.86K ▼ |
| Q1-2025 | $0 | $30.3K | $-30.3K | 0% | $-0.01 | $-30.3K |
What's going well?
The company reported a profit this quarter, reversing last quarter's loss. Earnings per share improved, and there are no interest or tax burdens.
What's concerning?
There is still no revenue, operating losses are growing, and profits came only from a large non-business gain. The share count jumped sharply, diluting existing shareholders.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $150.65M ▲ | $152.4M ▲ | $6.98M ▲ | $-5.23M ▼ |
| Q1-2025 | $0 | $46.58K | $51.88K | $-5.3K |
What's financially strong about this company?
The company has an extremely strong cash position and almost no debt, making it very safe from a liquidity standpoint. Its assets are all high quality and easy to access if needed.
What are the financial risks or weaknesses?
Shareholder equity is still negative, meaning past losses haven't been recovered. The business has no physical assets or long-term investments, and the jump in cash may not be sustainable.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-279.16K ▼ | $0 | $-150.65M ▼ | $150.65M ▲ | $0 | $0 |
| Q1-2025 | $-30.3K | $0 | $0 | $0 | $0 | $0 |
What's strong about this company's cash flow?
The company was able to raise a large amount of money by issuing new shares, showing some investor interest. Working capital changes provided a small, temporary cash benefit.
What are the cash flow concerns?
No cash is being generated from the business itself, and losses are growing. FIGX is highly dependent on selling stock to stay afloat, with no cash on hand and no free cash flow.
CEO
Lou Gerken
Compensation Summary
(Year )
Ratings Snapshot
Rating : D+
Price Target
Institutional Ownership
PICTON MAHONEY ASSET MANAGEMENT
Shares:1M
Value:$10.13M
METEORA CAPITAL, LLC
Shares:922.64K
Value:$9.35M
D. E. SHAW & CO., INC.
Shares:740.85K
Value:$7.5M
Summary
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