SSEAU
SSEAU
Starry Sea Acquisition Corp UnitIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $0 ▼ | $70.39K ▲ | 0% | $0.02 ▲ | $70.39K ▲ |
| Q2-2025 | $0 | $21.6K | $-21.6K | 0% | $-0.02 | $0 |
What's going well?
The company reported a profit this quarter, reversing last quarter's loss. Earnings per share turned positive, and there was a large one-time income boost.
What's concerning?
There is still no revenue, operating losses are getting much worse, and the profit is only due to a one-off gain. The big increase in share count means each share is now worth less.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $238.03K ▲ | $58.41M ▲ | $50.87M ▲ | $7.54M ▲ |
| Q2-2025 | $1K | $280.14K | $369.62K | $-89.48K |
What's financially strong about this company?
The company has no debt, a large cash buffer, and a very high current ratio. Equity is now strongly positive, showing a big recovery from last quarter.
What are the financial risks or weaknesses?
Retained earnings are still negative, suggesting a history of losses. Most assets are in 'other non-current assets,' which may not be as liquid or valuable as cash or property.
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 external funding, boosting its cash balance sharply. This gives it some short-term breathing room.
What are the cash flow concerns?
Core operations are burning huge amounts of cash, and the business is completely dependent on outside financing to survive. Without continued funding, the company would quickly run out of cash.
About Starry Sea Acquisition Corp Unit
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 | $0 ▼ | $70.39K ▲ | 0% | $0.02 ▲ | $70.39K ▲ |
| Q2-2025 | $0 | $21.6K | $-21.6K | 0% | $-0.02 | $0 |
What's going well?
The company reported a profit this quarter, reversing last quarter's loss. Earnings per share turned positive, and there was a large one-time income boost.
What's concerning?
There is still no revenue, operating losses are getting much worse, and the profit is only due to a one-off gain. The big increase in share count means each share is now worth less.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $238.03K ▲ | $58.41M ▲ | $50.87M ▲ | $7.54M ▲ |
| Q2-2025 | $1K | $280.14K | $369.62K | $-89.48K |
What's financially strong about this company?
The company has no debt, a large cash buffer, and a very high current ratio. Equity is now strongly positive, showing a big recovery from last quarter.
What are the financial risks or weaknesses?
Retained earnings are still negative, suggesting a history of losses. Most assets are in 'other non-current assets,' which may not be as liquid or valuable as cash or property.
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 external funding, boosting its cash balance sharply. This gives it some short-term breathing room.
What are the cash flow concerns?
Core operations are burning huge amounts of cash, and the business is completely dependent on outside financing to survive. Without continued funding, the company would quickly run out of cash.
CEO
Yan Liang