
FTAC Emerald (FLD) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
7.1M
Gross Profit
584.1K
8.24%
Operating Income
-9.5M
-134.04%
Net Income
-48.9M
-689.62%
EPS (Diluted)
$-1.92
Balance Sheet Metrics
Total Assets
148.5M
Total Liabilities
76.7M
Shareholders Equity
71.9M
Debt to Equity
1.07
Cash Flow Metrics
Operating Cash Flow
-26.8M
Free Cash Flow
-5.2M
Revenue & Profitability Trend
FTAC Emerald Income Statement From 2022 to 2024
Metric | 2024 | 2023 | 2022 |
---|---|---|---|
Revenue | 0 | 0 | 28.9M |
Cost of Goods Sold | - | 3.9M | 3.8M |
Gross Profit | - | 17.7M | 25.1M |
Gross Margin % | 0.0% | 0.0% | 86.8% |
Operating Expenses | |||
Research & Development | - | - | - |
Selling, General & Administrative | 2.9M | 3.7M | 2.4M |
Other Operating Expenses | - | 21.0M | 32.7M |
Total Operating Expenses | 2.9M | 24.8M | 35.1M |
Operating Income | -2.9M | -3.7M | -10.3M |
Operating Margin % | 0.0% | 0.0% | -35.8% |
Non-Operating Items | |||
Interest Income | 3.0M | 11.2M | - |
Interest Expense | 434.7K | 0 | - |
Other Non-Operating Income | -838.8K | -708.4K | -1.6M |
Pre-tax Income | -1.2M | 6.8M | -12.0M |
Income Tax | 628.5K | 2.3M | 10.7K |
Effective Tax Rate % | 0.0% | 34.4% | 0.0% |
Net Income | -1.9M | 4.4M | -12.0M |
Net Margin % | 0.0% | 0.0% | -41.5% |
Key Metrics | |||
EBITDA | -805.3K | 6.8M | -10.1M |
EPS (Basic) | $-0.04 | $0.10 | $-0.26 |
EPS (Diluted) | $-0.04 | $0.10 | $-0.26 |
Basic Shares Outstanding | 46138876 | 46138876 | 46138876 |
Diluted Shares Outstanding | 46138876 | 46138876 | 46138876 |
Income Statement Trend
FTAC Emerald Balance Sheet From 2021 to 2024
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Assets | ||||
Current Assets | ||||
Cash & Equivalents | 906.0K | 29.8K | 5.4M | 1.2M |
Short-term Investments | - | 5.3M | 3.0M | - |
Accounts Receivable | - | 624.9K | 1.6M | - |
Inventory | - | 129.2K | 350.8K | - |
Other Current Assets | - | 1.7M | 1.4M | - |
Total Current Assets | 926.5K | 306.1K | 11.8M | 1.6M |
Non-Current Assets | ||||
Property, Plant & Equipment | - | - | - | - |
Goodwill | - | 553.8K | 471.5K | - |
Intangible Assets | - | 553.8K | 471.5K | - |
Long-term Investments | - | - | - | - |
Other Non-Current Assets | 51.3M | 165.7M | - | 223.4M |
Total Non-Current Assets | 51.3M | 165.7M | 648.8K | 223.5M |
Total Assets | 52.2M | 166.0M | 12.4M | 225.2M |
Liabilities | ||||
Current Liabilities | ||||
Accounts Payable | 533.2K | 114.7K | 302.1K | 77.1K |
Short-term Debt | 5.7M | 2.0M | - | - |
Current Portion of Long-term Debt | - | - | - | - |
Other Current Liabilities | - | 6.6M | 3.3M | - |
Total Current Liabilities | 9.3M | 3.4M | 4.3M | 93.6K |
Non-Current Liabilities | ||||
Long-term Debt | - | - | - | - |
Deferred Tax Liabilities | - | - | - | - |
Other Non-Current Liabilities | - | 10.6M | 8.7M | - |
Total Non-Current Liabilities | 0 | 1.2M | 9.4M | 8.9M |
Total Liabilities | 9.3M | 4.5M | 13.7M | 8.9M |
Equity | ||||
Common Stock | 51.2M | 165.7M | 707 | 222.2M |
Retained Earnings | -14.3M | -11.3M | -29.1M | -6.0M |
Treasury Stock | - | - | - | - |
Other Equity | - | - | - | - |
Total Shareholders Equity | 42.9M | 161.4M | -1.3M | 216.2M |
Key Metrics | ||||
Total Debt | 5.7M | 2.0M | 0 | 0 |
Working Capital | -8.4M | -3.1M | 7.5M | 1.5M |
Balance Sheet Composition
FTAC Emerald Cash Flow Statement From 2022 to 2024
Metric | 2024 | 2023 | 2022 |
---|---|---|---|
Operating Activities | |||
Net Income | -1.9M | 4.4M | -12.0M |
Depreciation & Amortization | - | 229.1K | 182.8K |
Stock-Based Compensation | - | 8.3K | 13.9K |
Working Capital Changes | 418.5K | 4.8M | 7.4M |
Operating Cash Flow | -3.1M | -1.0M | -1.9M |
Investing Activities | |||
Capital Expenditures | - | - | - |
Acquisitions | - | - | - |
Investment Purchases | - | -3.4M | -4.2M |
Investment Sales | - | - | - |
Investing Cash Flow | 117.3M | 96.4M | -4.2M |
Financing Activities | |||
Share Repurchases | -116.7M | -96.8M | -21.9K |
Dividends Paid | - | - | - |
Debt Issuance | - | 500.0K | 7.0M |
Debt Repayment | - | - | - |
Financing Cash Flow | -113.0M | -93.8M | 14.0M |
Free Cash Flow | -3.4M | -5.1M | -1.8M |
Net Change in Cash | 1.2M | 1.6M | 7.9M |
Cash Flow Trend
FTAC Emerald Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
218.80
Forward P/E
-9.80
Price to Book
1.94
Price to Sales
33.15
PEG Ratio
-0.14
Profitability Ratios
Profit Margin
0.00%
Operating Margin
-52.03%
Return on Equity
-88.66%
Return on Assets
-9.21%
Financial Health
Current Ratio
1.60
Debt to Equity
90.30
Beta
0.16
Per Share Data
EPS (TTM)
$-0.73
Book Value per Share
$1.90
Revenue per Share
$0.18
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
fld | 172.2M | 218.80 | 1.94 | -88.66% | 0.00% | 90.30 |
Morgan Stanley | 231.1B | 16.40 | 2.35 | 14.13% | 22.49% | 438.54 |
Goldman Sachs | 221.3B | 16.10 | 1.94 | 12.74% | 28.40% | 588.39 |
Btcs | 211.0M | 6.24 | 3.43 | -62.91% | -268.37% | 28.33 |
Siebert Financial | 122.1M | 12.58 | 1.37 | 11.24% | 11.05% | 269.08 |
Metal Alpha | 110.6M | 6.83 | 2.99 | 59.52% | 35.67% | 0.58 |
Financial data is updated regularly. All figures are in the company's reporting currency.