LFACU
LFACU
Leapfrog Acquisition CorporationIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2023 | $0 | $1.18M ▲ | $-107.29K ▼ | 0% | $-0.01 ▼ | $0 |
| Q1-2023 | $0 ▲ | $733.46K ▼ | $856.1K ▼ | 0% ▲ | $0.03 ▼ | $0 ▼ |
| Q4-2022 | $-215.38K ▼ | $1.02M ▲ | $1.31M ▲ | -606.64% ▼ | $0.15 ▲ | $1.29M ▲ |
| Q3-2022 | $0 | $378.87K ▲ | $753.22K ▲ | 0% | $0.02 ▲ | $0 |
| Q2-2022 | $0 | $252.34K | $-154.81K | 0% | $-0.01 | $0 |
What's going well?
There are no clear positives this quarter – the company needs to generate revenue and control costs.
What's concerning?
No sales, rising overhead, and a move from profit to loss are major red flags. If this continues, the company may face serious financial trouble.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2023 | $176.96K ▲ | $121.47M ▲ | $75M ▲ | $46.47M ▼ |
| Q1-2023 | $118.93K ▲ | $119.07M ▼ | $12.3M ▲ | $106.78M ▼ |
| Q4-2022 | $67.77K ▼ | $267.45M ▲ | $9.47M ▼ | $257.98M ▲ |
| Q3-2022 | $307.98K ▼ | $266.02M ▲ | $9.74M ▲ | $256.28M ▲ |
| Q2-2022 | $311.67K | $265.06M | $9.62M | $255.44M |
What's financially strong about this company?
No debt at all, so there's no risk of defaulting on loans. Assets are all tangible, with no risky goodwill or intangibles.
What are the financial risks or weaknesses?
Cash is extremely low compared to what the company owes soon, and equity has dropped sharply. The company may struggle to pay its bills and could need to raise money quickly.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2023 | $856.1K ▲ | $-667.88K ▼ | $150.33M ▲ | $-149.61M ▼ | $51.16K ▲ | $-667.88K ▼ |
| Q4-2022 | $-280.86K ▲ | $971.4K ▲ | $-329.14K ▼ | $-625K ▼ | $0 ▲ | $971.4K ▲ |
| Q1-2022 | $-317.55K | $-253.65K | $0 | $0 | $-253.65K | $-253.65K |
What's strong about this company's cash flow?
The company has shown it can generate cash in the past, and currently has no debt or dilution from new shares. It also managed to slightly increase its cash balance this quarter.
What are the cash flow concerns?
Cash flow swung negative, dividends are being paid out of reserves, and the cash cushion is very thin. If this continues, the company will need to cut payouts or raise money soon.
About Leapfrog Acquisition Corporation
https://www.lfcapital.coLF Capital Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its search on a business in the financial technology or services, technology, digital asset, or consumer products sectors.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2023 | $0 | $1.18M ▲ | $-107.29K ▼ | 0% | $-0.01 ▼ | $0 |
| Q1-2023 | $0 ▲ | $733.46K ▼ | $856.1K ▼ | 0% ▲ | $0.03 ▼ | $0 ▼ |
| Q4-2022 | $-215.38K ▼ | $1.02M ▲ | $1.31M ▲ | -606.64% ▼ | $0.15 ▲ | $1.29M ▲ |
| Q3-2022 | $0 | $378.87K ▲ | $753.22K ▲ | 0% | $0.02 ▲ | $0 |
| Q2-2022 | $0 | $252.34K | $-154.81K | 0% | $-0.01 | $0 |
What's going well?
There are no clear positives this quarter – the company needs to generate revenue and control costs.
What's concerning?
No sales, rising overhead, and a move from profit to loss are major red flags. If this continues, the company may face serious financial trouble.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2023 | $176.96K ▲ | $121.47M ▲ | $75M ▲ | $46.47M ▼ |
| Q1-2023 | $118.93K ▲ | $119.07M ▼ | $12.3M ▲ | $106.78M ▼ |
| Q4-2022 | $67.77K ▼ | $267.45M ▲ | $9.47M ▼ | $257.98M ▲ |
| Q3-2022 | $307.98K ▼ | $266.02M ▲ | $9.74M ▲ | $256.28M ▲ |
| Q2-2022 | $311.67K | $265.06M | $9.62M | $255.44M |
What's financially strong about this company?
No debt at all, so there's no risk of defaulting on loans. Assets are all tangible, with no risky goodwill or intangibles.
What are the financial risks or weaknesses?
Cash is extremely low compared to what the company owes soon, and equity has dropped sharply. The company may struggle to pay its bills and could need to raise money quickly.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2023 | $856.1K ▲ | $-667.88K ▼ | $150.33M ▲ | $-149.61M ▼ | $51.16K ▲ | $-667.88K ▼ |
| Q4-2022 | $-280.86K ▲ | $971.4K ▲ | $-329.14K ▼ | $-625K ▼ | $0 ▲ | $971.4K ▲ |
| Q1-2022 | $-317.55K | $-253.65K | $0 | $0 | $-253.65K | $-253.65K |
What's strong about this company's cash flow?
The company has shown it can generate cash in the past, and currently has no debt or dilution from new shares. It also managed to slightly increase its cash balance this quarter.
What are the cash flow concerns?
Cash flow swung negative, dividends are being paid out of reserves, and the cash cushion is very thin. If this continues, the company will need to cut payouts or raise money soon.
CEO
Matthew R. Pollard