FIGXU
FIGXU
FIGX Capital Acquisition Corp. UnitsIncome 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 posted a profit and positive earnings per share this quarter. The large 'other income' provided a temporary boost to the bottom line.
What's concerning?
There is still no revenue, operating losses are growing, and the profit is entirely from non-operating sources. The huge increase in share count means existing shareholders are heavily diluted.
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 is sitting on a huge pile of cash and short-term investments, with almost no debt or liabilities. Its assets are very liquid, making it extremely safe from a cash flow perspective.
What are the financial risks or weaknesses?
Shareholder equity is still negative due to past losses, and the company has no physical assets or long-term investments. If they can't turn a profit, the negative equity could become a concern.
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 over $152 million by issuing new shares, showing it can attract outside investment even without operating cash flow.
What are the cash flow concerns?
There is no cash being generated from the business, and the company has no cash on hand. It is completely dependent on selling new shares, which heavily dilutes existing shareholders.
About FIGX Capital Acquisition Corp. Units
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 posted a profit and positive earnings per share this quarter. The large 'other income' provided a temporary boost to the bottom line.
What's concerning?
There is still no revenue, operating losses are growing, and the profit is entirely from non-operating sources. The huge increase in share count means existing shareholders are heavily diluted.
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 is sitting on a huge pile of cash and short-term investments, with almost no debt or liabilities. Its assets are very liquid, making it extremely safe from a cash flow perspective.
What are the financial risks or weaknesses?
Shareholder equity is still negative due to past losses, and the company has no physical assets or long-term investments. If they can't turn a profit, the negative equity could become a concern.
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 over $152 million by issuing new shares, showing it can attract outside investment even without operating cash flow.
What are the cash flow concerns?
There is no cash being generated from the business, and the company has no cash on hand. It is completely dependent on selling new shares, which heavily dilutes existing shareholders.
CEO
Louis Charles Gerken
Compensation Summary
(Year )
Ratings Snapshot
Rating : D+