SequelSEC

ASPAC III Acquisition Corp. ASPC

Blank Checks · CIK 0001890361 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
Unavailable
Fiscal year ended 2025-12-31
Operating income
-$827.30K
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$61.50MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float / net income45.8×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity146.5×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Blank Checks filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio1.78x61th

ASPAC III Acquisition Corp. (ASPC) reported net income of $1.34M for the fiscal year ended 2025-12-31. This page shows 3 annual periods of income statement, balance sheet and cash flow figures normalized from ASPAC III Acquisition Corp.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Blank Checks.

Income

ASPAC III Acquisition Corp. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
RevenueUnavailableUnavailableUnavailable
Cost of revenueUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailable
Operating income-$827.30K-$587.11K-$2.65K
Net income$1.34M-$226.38K-$2.65K
Research & developmentUnavailableUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailableUnavailable
Pretax income$1.34M-$226.38K-$2.65K
Income tax expenseUnavailableUnavailableUnavailable
Diluted EPSUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailable
General & administrative$213.53K$152.37K$2.65K
Selling & marketingUnavailableUnavailableUnavailable

Balance

ASPAC III Acquisition Corp. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Cash & equivalents$871.35K$1.60MUnavailable
Total assets$3.94M$62.08MUnavailable
Current assets$955.72K$1.72MUnavailable
Total liabilities$535.96K$517.33K$140.58K
Current liabilities$535.96K$517.33K$140.58K
Total equity incl. NCI$419.76K$3.86M-$140.58K
Temporary (mezzanine) equity$2.98M$57.69MUnavailable
InventoryUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailable

Cash flow

ASPAC III Acquisition Corp. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Operating cash flow-$451.32K-$473.89KUnavailable
Capital expendituresUnavailableUnavailableUnavailable
Investing cash flow$59.50M-$60.00MUnavailable
Financing cash flow-$59.78M$62.07MUnavailable
Net change in cashUnavailableUnavailableUnavailable
Stock-based compensationUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailable

Derived

ASPAC III Acquisition Corp. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-31
Free cash flowUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailable
Current ratio1.78x3.32xUnavailable
Revenue YoY growthUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ASPC in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-12View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-03-04View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-09View SEC filing

Companies in the same industry

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.