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

Reported Q: Q3 2024 Rev YoY: -77.5% EPS YoY: +99.9% Move: +0.10%

FACT II Acquisition Corp

FACT

$10.51 0.10%

Exchange NASDAQ Sector Financial Services Industry Shell Companies

Q3 2024

Published: Nov 18, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for FACT

Reported

Report Date

Nov 18, 2024

Quarter Q3 2024

Revenue

5.54M

YoY: -77.5%

EPS

0.00

YoY: +99.9%

Market Move

+0.10%

Previous quarter: Q2 2024

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Earnings Highlights

Revenue of $5.54M down 77.5% year-over-year
EPS of $0.00 increased by 99.9% from previous year
Gross margin of -57.0%
Net income of -104.29K
"N/A" - N/A

FACT

Company FACT

Period Q3 2024

Currency USD

Report Type Quarterly Earnings

Generated Mar 26, 2026

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Executive Summary

FACT II Acquisition Corp (FACT) reported QQ3 2024 results consistent with a SPAC operating profile: limited ongoing business activity with a modest top-line and a small operating loss, but robust cash flow from operations driven by working capital adjustments and non-cash items. Revenue for the quarter stood at 5.54 million, while net income and earnings per share were modestly negative at -104 thousand and -0.0041, respectively. The quarter also showcased meaningful cash generation, with net cash provided by operating activities of 175.7 million and a free cash flow figure of 175.7 million, underscoring the SPAC’s ability to fund a target search and potential merger process, albeit against a backdrop of significant leverage and negative equity on the balance sheet.

Key Performance Indicators

Revenue

Decreasing

5.54M

QoQ: 23.24% | YoY: -77.49%

Gross Profit

Decreasing

-3.16M

-57.03% margin

QoQ: -253.92% | YoY: -150.63%

Operating Income

Increasing

-104.29K

QoQ: 98.90% | YoY: 99.06%

Net Income

Increasing

-104.29K

QoQ: 99.34% | YoY: 99.95%

EPS

Increasing

0.00

QoQ: 98.42% | YoY: 99.92%

Revenue Trend

Margin Analysis

Financial Highlights

QQ3 2024 highlights and QoQ/YoY context (USD, unless noted):
- Revenue: 5.536 million; YoY change: -77.49%; QoQ change: +23.24%
- Gross Profit: -3.157 million; Gross margin: -57.03%; YoY: -150.63%; QoQ: -253.92%
- Operating Income: -0.104 million; Margin: -1.88%; YoY: +99.06%; QoQ: +98.90%
- Net Income: -0.104 million; Net margin: -1.88%; YoY: +99.95%; QoQ: +99.34%
- EPS: -0.0041; YoY: +99.92%; QoQ: +98.42%
- EBITDA / EBITDAR: -0.104 million; EBITDARatio: -0.0188
- Cash flow: Operating cash flow +175.657 million; Free cash flow +175.657 million; Net change in cash +247.401 million; Cash at end of period 83.343 million; Cash beginning period -164.058 million
- Balance sheet: Total assets 107.936 million; Total liabilities 250.640 million; Total stockholders’ equity -142.704 million; Cash & equivalents 79.502 million; Long-term debt 198.055 million; Total debt 202.325 million; Net debt 122.823 million
- Liquidity/efficiency ratios: Current ratio 2.46; Quick ratio 2.44; Cash ratio 1.906; Asset turnover 0.0513; Receivables turnover 0.653; DSO 137.89 days; Inventory turnover 5.20; Gross margin -0.570; Operating margin -0.019; Net margin -0.019; ROA -0.001; ROE 0.0007; Revenue run-rate volatility across quarters indicates SPAC-specific dynamics rather than ongoing operating profitability.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	5.54M	-77.49%	23.24%
Gross Profit	-3.16M	-150.63%	-253.92%
Operating Income	-104.29K	99.06%	98.90%
Net Income	-104.29K	99.95%	99.34%
EPS	0.00	99.92%	98.42%

Key Financial Ratios

Gross Profit Margin

Weak

-0.57%

Gross profit margin is below industry norms, profitability concerns

Operating Profit Margin

Weak

-0.02%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

-0.02%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

0.00%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

0.07%

Return on equity suggests inefficient capital allocation

Current Ratio

Healthy

2.46

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Conservative

-1.42

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

P/E Ratio

Negative

-1,784.61x

Negative earnings make P/E ratio not meaningful

Price to Book

Undervalued

-5.22x

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) Q3 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

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