Quick answer: latest quarter results, by ticker or company name

Reported Q: Q1 2024 Rev YoY: N/A EPS YoY: -6,350.0% Move: +0.10%

FACT II Acquisition Corp

FACT

$10.51 0.10%

Exchange NASDAQ Sector Financial Services Industry Shell Companies

Q1 2024

Published: May 15, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for FACT

Reported

Report Date

May 15, 2024

Quarter Q1 2024

Revenue

10.04M

YoY: N/A

EPS

-0.20

YoY: -6,350.0%

Market Move

+0.10%

Previous quarter: N/A

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Earnings Highlights

Revenue of $10.04M up 0% year-over-year
EPS of $-0.20 decreased by 6% from previous year
Gross margin of 22.7%
Net income of -9.59M
"N/A" - N/A

FACT

Company FACT

Period Q1 2024

Currency USD

Report Type Quarterly Earnings

Generated Mar 26, 2026

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Executive Summary

FACT II Acquisition Corp (FACT) reported QQ1 2024 results with revenue of $10.04 million and gross profit of $2.283 million, yielding a gross margin of 22.74%. Despite the topline in the quarter, the company posted a substantial net loss of $9.588 million and an EBITDA of $(7.544) million, driven by SPAC-related operating costs, interest expense, and non-cash adjustments. The sequential decline in revenue from Q4 2023 to Q1 2024 (63.03 million to 10.04 million, a QoQ drop of ~84%) highlights the absence of recurring operating revenue typical of a shell/SPAC status and underscores the high fixed-cost base in the near term.

Key Performance Indicators

Revenue

Stable

10.04M

QoQ: -84.07% | YoY: N/A

Gross Profit

Increasing

2.28M

22.74% margin

QoQ: -87.01% | YoY: 240.90%

Operating Income

Decreasing

-7.54M

QoQ: 79.65% | YoY: -365.58%

Net Income

Decreasing

-9.59M

QoQ: 84.56% | YoY: -5 734.86%

EPS

Decreasing

-0.20

QoQ: 92.03% | YoY: -6 350.00%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: $10.04m in QQ1 2024; QoQ change -84.07%; YoY not disclosed (N/A). Gross Profit: $2.283m; Gross Margin 22.74%; QoQ change -87.01%; YoY change +240.90%. Operating Income: $(7.544)m; Operating Margin -75.14%; QoQ change +79.65%; YoY change -365.58%. Net Income: $(9.588)m; Net Margin -95.50%; QoQ change +84.56%; YoY change -5734.86%. EPS: $(0.20); QoQ change +92.03%; YoY change -6350.00%. EBITDA: $(7.544)m; EBITDARatio: -0.751. Operating cash flow: $(4.946)m; Free cash flow: $(4.946)m. Weighted average shares: 49.077m. Current ratio: 0.267; Quick ratio: 0.244; Cash ratio: 0.0153. Days Sales Outstanding: 187.70; Days Inventory Outstanding: 32.17; Days Payables Outstanding: 122.07; Cash Conversion Cycle: 97.80. Total assets: $40.85m; Total liabilities: $125.93m; Total stockholders’ equity: $(85.08)m; Net debt: $(63.96)m; Short-term debt: $65.21m; Total debt: $65.75m. Cash at end of period: $5.615m.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	10.04M	N/A	-84.07%
Gross Profit	2.28M	240.90%	-87.01%
Operating Income	-7.54M	-365.58%	79.65%
Net Income	-9.59M	-5 734.86%	84.56%
EPS	-0.20	-6 350.00%	92.03%

Key Financial Ratios

Gross Profit Margin

Fair

22.70%

Gross profit margin is moderate, room for improvement in cost management

Operating Profit Margin

Weak

-0.75%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.96%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

-0.24%

Return on assets suggests inefficient capital allocation

Return on Equity

Fair

11.30%

Return on equity is acceptable but below top-tier companies

Current Ratio

Concern

0.27

Current ratio below safe levels, potential liquidity risk

Debt to Equity

Conservative

-0.77

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Negative

-12.64x

Negative earnings make P/E ratio not meaningful

Price to Book

Undervalued

-5.70x

Trading below book value, potential value opportunity or distressed

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2025	0.00	0.06	+0.0%	View
Q4 2024	94.21	0.00	+49.5%	View
Q3 2024	5.54	0.00	-77.5%	View
Q2 2024	4.49	-0.26	+0.0%	View
Q1 2024	10.04	-0.20	+0.0%	View

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FACT II Acquisition Corp (FACT) Q1 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

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