SSACU
SSACU
SPACSphere Acquisition Corp.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $0 ▼ | $422.97K ▲ | 0% | $0.04 ▲ | $0 ▲ |
| Q3-2025 | $0 | $56.28K | $-56.21K | 0% | $0 | $-56.28K |
What's going well?
The company turned a loss into a profit, reporting $422,970 in net income this quarter. Earnings per share improved to $0.0416, and there were no unusual charges or debt costs.
What's concerning?
No revenue was reported, making it unclear where profits are coming from or if the business is sustainable. Lack of detail on costs and business activity raises questions about the quality and source of earnings.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $173.67M ▲ | $174.03M ▲ | $12.46M ▲ | $-11.78M ▼ |
| Q4-2025 | $552.08K ▲ | $173.22M ▲ | $12.31M ▲ | $-11.59M ▼ |
| Q3-2025 | $21.92K | $361.01K | $392.22K | $-31.21K |
What's financially strong about this company?
The company has no debt at all and holds a large amount in short-term investments. There are no hidden liabilities or risky accounting items like goodwill.
What are the financial risks or weaknesses?
Shareholder equity is negative, meaning the company owes more than it owns, and retained losses are growing. Cash is low, and there’s little evidence of a profitable track record.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-56.21K | $-28.01K | $0 | $49.93K | $21.92K | $-28.01K |
What's strong about this company's cash flow?
The company was able to raise a large amount of short-term debt ($125,000), providing some cash cushion for now. Working capital changes also helped bring in $17,777 in cash.
What are the cash flow concerns?
The business is losing money and burning real cash, with no sign of positive cash flow from operations. All cash on hand comes from borrowing, not from the business itself, and there are no dividends or buybacks for shareholders.
5-Year Trend Analysis
A comprehensive look at SPACSphere Acquisition Corp.'s financial evolution and strategic trajectory over the past five years.
On a standalone basis, SSACU’s strengths are mainly structural: a listed vehicle positioned to bring a private company to public markets. The real strategic strengths emerge in the combined picture with Mobilewalla: a significant proprietary data asset, established enterprise relationships, a focused vertical AI strategy, and a product suite already aligned to clear use cases in telecom and financial services. These elements provide a foundation for recurring, high-value software and data contracts if executed well.
The current SSACU entity faces clear financial stress, with no revenue, negative equity, weak liquidity, and reliance on external financing. The path forward depends heavily on closing the Mobilewalla merger and recapitalizing the business. Even if the deal proceeds, Mobilewalla operates in a competitive, fast-evolving AI and data landscape, with regulatory exposure around data privacy, integration and M&A execution risk, and the need to move from attractive top-line characteristics to a sustainable profit and cash-flow profile.
The outlook is highly binary around transaction success and execution. In its current state, SSACU is a short-term financing shell with a fragile balance sheet and no operating engine. If the Mobilewalla combination closes and integration is successful, the story transitions to a growth-oriented AI and data company with a credible technology and data moat but the usual risks of scale-up, competition, and regulation. Future financial health will be determined much more by Mobilewalla’s ability to grow efficiently and reach profitability than by SSACU’s existing financial statements.
About SPACSphere Acquisition Corp.
https://www.spacsphere.comSPACSphere Acquisition Corp. was established with the primary goal of successfully executing a business combination. This encompasses various strategies, such as merging with, acquiring assets or shares from, or reorganizing with one or more target enterprises. The company began its operations on June 18, 2025, and is headquartered in Sacramento, California.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $0 ▼ | $422.97K ▲ | 0% | $0.04 ▲ | $0 ▲ |
| Q3-2025 | $0 | $56.28K | $-56.21K | 0% | $0 | $-56.28K |
What's going well?
The company turned a loss into a profit, reporting $422,970 in net income this quarter. Earnings per share improved to $0.0416, and there were no unusual charges or debt costs.
What's concerning?
No revenue was reported, making it unclear where profits are coming from or if the business is sustainable. Lack of detail on costs and business activity raises questions about the quality and source of earnings.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $173.67M ▲ | $174.03M ▲ | $12.46M ▲ | $-11.78M ▼ |
| Q4-2025 | $552.08K ▲ | $173.22M ▲ | $12.31M ▲ | $-11.59M ▼ |
| Q3-2025 | $21.92K | $361.01K | $392.22K | $-31.21K |
What's financially strong about this company?
The company has no debt at all and holds a large amount in short-term investments. There are no hidden liabilities or risky accounting items like goodwill.
What are the financial risks or weaknesses?
Shareholder equity is negative, meaning the company owes more than it owns, and retained losses are growing. Cash is low, and there’s little evidence of a profitable track record.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-56.21K | $-28.01K | $0 | $49.93K | $21.92K | $-28.01K |
What's strong about this company's cash flow?
The company was able to raise a large amount of short-term debt ($125,000), providing some cash cushion for now. Working capital changes also helped bring in $17,777 in cash.
What are the cash flow concerns?
The business is losing money and burning real cash, with no sign of positive cash flow from operations. All cash on hand comes from borrowing, not from the business itself, and there are no dividends or buybacks for shareholders.
5-Year Trend Analysis
A comprehensive look at SPACSphere Acquisition Corp.'s financial evolution and strategic trajectory over the past five years.
On a standalone basis, SSACU’s strengths are mainly structural: a listed vehicle positioned to bring a private company to public markets. The real strategic strengths emerge in the combined picture with Mobilewalla: a significant proprietary data asset, established enterprise relationships, a focused vertical AI strategy, and a product suite already aligned to clear use cases in telecom and financial services. These elements provide a foundation for recurring, high-value software and data contracts if executed well.
The current SSACU entity faces clear financial stress, with no revenue, negative equity, weak liquidity, and reliance on external financing. The path forward depends heavily on closing the Mobilewalla merger and recapitalizing the business. Even if the deal proceeds, Mobilewalla operates in a competitive, fast-evolving AI and data landscape, with regulatory exposure around data privacy, integration and M&A execution risk, and the need to move from attractive top-line characteristics to a sustainable profit and cash-flow profile.
The outlook is highly binary around transaction success and execution. In its current state, SSACU is a short-term financing shell with a fragile balance sheet and no operating engine. If the Mobilewalla combination closes and integration is successful, the story transitions to a growth-oriented AI and data company with a credible technology and data moat but the usual risks of scale-up, competition, and regulation. Future financial health will be determined much more by Mobilewalla’s ability to grow efficiently and reach profitability than by SSACU’s existing financial statements.
CEO
Bala Padmakumar
Compensation Summary
(Year )
Ratings Snapshot
Rating : D+