SSEA
SSEA
Starry Sea Acquisition Corp Ordinary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $253.09K ▲ | $70.39K ▲ | 0% | $0.02 ▲ | $70.39K ▲ |
| Q2-2025 | $0 | $21.6K | $-21.6K | 0% | $-0.02 | $-21.6K |
What's going well?
The company posted a profit this quarter, reversing last quarter's loss. The large interest income provided a short-term boost to the bottom line.
What's concerning?
There is still no revenue, and operating expenses have exploded. The profit is not from the core business, and share dilution is significant – both red flags for investors.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $238.03K ▲ | $58.41M ▲ | $27.23K ▼ | $58.38M ▲ |
| Q2-2025 | $1K | $280.14K | $369.62K | $-89.48K |
What's financially strong about this company?
The company has no debt, a massive increase in cash and investments, and a very strong equity position. Liquidity is excellent, and there are no hidden risks or complex obligations.
What are the financial risks or weaknesses?
Retained earnings are still negative, showing past losses. The dramatic change in the balance sheet suggests a recent overhaul, so investors should understand the source and sustainability of these new funds.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $70.39K ▲ | $-575.63K ▼ | $-57.5M ▼ | $58.31M ▲ | $237.03K ▲ | $-575.63K ▼ |
| Q2-2025 | $-21.6K | $-1K | $0 | $2K | $1K | $-1K |
What's strong about this company's cash flow?
The company was able to raise a large amount of cash by issuing new shares, boosting its cash balance. It is not adding to its debt burden.
What are the cash flow concerns?
Core operations are burning through cash at a much higher rate, and the company is totally dependent on selling new shares to survive. This dilutes existing shareholders and is not sustainable long-term.
About Starry Sea Acquisition Corp Ordinary Shares
Starry Sea Acquisition Corp focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Albany, New York.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $253.09K ▲ | $70.39K ▲ | 0% | $0.02 ▲ | $70.39K ▲ |
| Q2-2025 | $0 | $21.6K | $-21.6K | 0% | $-0.02 | $-21.6K |
What's going well?
The company posted a profit this quarter, reversing last quarter's loss. The large interest income provided a short-term boost to the bottom line.
What's concerning?
There is still no revenue, and operating expenses have exploded. The profit is not from the core business, and share dilution is significant – both red flags for investors.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $238.03K ▲ | $58.41M ▲ | $27.23K ▼ | $58.38M ▲ |
| Q2-2025 | $1K | $280.14K | $369.62K | $-89.48K |
What's financially strong about this company?
The company has no debt, a massive increase in cash and investments, and a very strong equity position. Liquidity is excellent, and there are no hidden risks or complex obligations.
What are the financial risks or weaknesses?
Retained earnings are still negative, showing past losses. The dramatic change in the balance sheet suggests a recent overhaul, so investors should understand the source and sustainability of these new funds.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $70.39K ▲ | $-575.63K ▼ | $-57.5M ▼ | $58.31M ▲ | $237.03K ▲ | $-575.63K ▼ |
| Q2-2025 | $-21.6K | $-1K | $0 | $2K | $1K | $-1K |
What's strong about this company's cash flow?
The company was able to raise a large amount of cash by issuing new shares, boosting its cash balance. It is not adding to its debt burden.
What are the cash flow concerns?
Core operations are burning through cash at a much higher rate, and the company is totally dependent on selling new shares to survive. This dilutes existing shareholders and is not sustainable long-term.
CEO
Yan Liang
Compensation Summary
(Year )
Ratings Snapshot
Rating : C-