RTACW
RTACW
Renatus Tactical Acquisition Corp I WarrantIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $337.48K ▼ | $2.18M ▲ | 0% | $0.07 ▲ | $-337.48K ▲ |
| Q2-2025 | $0 | $445.97K ▲ | $794.83K ▲ | 0% | $0.04 ▲ | $-445.97K ▼ |
| Q1-2025 | $0 | $222.99K | $397.42K | 0% | $0.03 | $0 |
What's going well?
The company is earning a lot of interest income, which more than covers its operating losses. Net income is up sharply from last quarter, and operating losses are shrinking.
What's concerning?
The company has no revenue from actual business operations and relies entirely on interest income. Share dilution is significant, and there's no sign of a real business taking shape.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $97.36K ▼ | $246.51M ▲ | $10.4M ▼ | $236.1M ▲ |
| Q2-2025 | $569.07K | $243.76M ▼ | $10.63M ▼ | $233.93M ▲ |
| Q1-2025 | $569.07K | $244.57M | $253.99M | $-9.42M |
What's financially strong about this company?
The company has almost no debt compared to its large equity base, and most assets are tangible investments. There is no goodwill or intangible asset risk, and liabilities are small compared to what shareholders own.
What are the financial risks or weaknesses?
Cash is extremely low and fell sharply this quarter, which could cause trouble if expenses come up. The company also just took on new debt, and retained earnings are negative, showing a history of losses.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $2.18M ▲ | $-721.71K ▼ | $-1.75K ▲ | $250.71K ▼ | $-471.7K ▼ | $-721.71K ▼ |
| Q2-2025 | $397.42K | $-205.94K | $-121.05M | $121.54M | $0 | $-205.94K |
| Q1-2025 | $397.42K | $-205.94K | $-121.05M | $121.54M | $0 | $-205.94K |
What's strong about this company's cash flow?
Net income jumped this quarter, showing some accounting profit. No dilution from new shares or stock-based compensation.
What are the cash flow concerns?
Actual cash flow is negative and getting worse, with operations burning $722,000 and cash reserves nearly gone. The company is now borrowing to survive and may run out of cash soon.
About Renatus Tactical Acquisition Corp I Warrant
https://www.RTAC1.comRenatus Tactical Acquisition Corp I does not have significant operations. The company intends to effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Coral Gables, Florida.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $337.48K ▼ | $2.18M ▲ | 0% | $0.07 ▲ | $-337.48K ▲ |
| Q2-2025 | $0 | $445.97K ▲ | $794.83K ▲ | 0% | $0.04 ▲ | $-445.97K ▼ |
| Q1-2025 | $0 | $222.99K | $397.42K | 0% | $0.03 | $0 |
What's going well?
The company is earning a lot of interest income, which more than covers its operating losses. Net income is up sharply from last quarter, and operating losses are shrinking.
What's concerning?
The company has no revenue from actual business operations and relies entirely on interest income. Share dilution is significant, and there's no sign of a real business taking shape.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $97.36K ▼ | $246.51M ▲ | $10.4M ▼ | $236.1M ▲ |
| Q2-2025 | $569.07K | $243.76M ▼ | $10.63M ▼ | $233.93M ▲ |
| Q1-2025 | $569.07K | $244.57M | $253.99M | $-9.42M |
What's financially strong about this company?
The company has almost no debt compared to its large equity base, and most assets are tangible investments. There is no goodwill or intangible asset risk, and liabilities are small compared to what shareholders own.
What are the financial risks or weaknesses?
Cash is extremely low and fell sharply this quarter, which could cause trouble if expenses come up. The company also just took on new debt, and retained earnings are negative, showing a history of losses.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $2.18M ▲ | $-721.71K ▼ | $-1.75K ▲ | $250.71K ▼ | $-471.7K ▼ | $-721.71K ▼ |
| Q2-2025 | $397.42K | $-205.94K | $-121.05M | $121.54M | $0 | $-205.94K |
| Q1-2025 | $397.42K | $-205.94K | $-121.05M | $121.54M | $0 | $-205.94K |
What's strong about this company's cash flow?
Net income jumped this quarter, showing some accounting profit. No dilution from new shares or stock-based compensation.
What are the cash flow concerns?
Actual cash flow is negative and getting worse, with operations burning $722,000 and cash reserves nearly gone. The company is now borrowing to survive and may run out of cash soon.
CEO
Eric S. Swider