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MCAGU Financial Statements and Analysis

NASDAQ : MCAGU

Mountain Crest Acquisition Corp. V

$10.92
00
Open: 3:00 PM

MCAGU FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

MCAGU Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-09-302023-06-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q3Q2
revenue00000
cost of revenue00000
gross profit00000
gross profit ratio00000
research and development expenses00000
general and administrative expenses202.182K145.218K83.769K1.989M322.349K
selling and marketing expenses00000
selling general and administrative expenses202.182K145.218K83.769K1.989M322.349K
other expenses00000
operating expenses202.182K145.218K83.769K1.989M322.349K
cost and expenses202.182K145.218K83.769K1.989M322.349K
interest income76.529K75.065K73.585K71.564K148.448K
interest expense0347.001.055K2.074K2.052K
depreciation and amortization76.529K101.089K73.585K-3.906M148.448K
ebitda-125.653K-44.129K-10.184K-1.917M-173.901K
ebitda ratio00000
operating income-202.182K-145.218K-83.769K1.989M-322.349K
operating income ratio00000
total other income expenses net76.529K100.742K72.53K69.49K146.396K
income before tax-125.653K-44.476K-11.239K-1.919M-175.953K
income before tax ratio00000
income tax expense5.217K20.115K14.298K13.79K30.159K
net income-130.87K-64.591K-25.537K-1.933M-206.112K
net income ratio00000
eps-0.25-0.023-0.01-0.70-0.063
eps diluted-0.25-0.02-0.008-0.70-0.063
weighted average shs out519.321K2.77M2.651M2.753M3.288M
weighted average shs out dil519.321K3.17M3.17M2.753M3.288M
Graph

MCAGU Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-09-302023-06-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q3Q2
cash and cash equivalents46.054K21.087K23.813K11.334K96.449K
short term investments00000
cash and short term investments46.054K21.087K23.813K11.334K96.449K
net receivables00000
inventory00000
other current assets33.759K72.415K104.405K17.50K35.00K
total current assets79.813K93.502K128.218K5.517M5.673M
property plant equipment net00000
goodwill00000
intangible assets00000
goodwill and intangible assets00000
long term investments5.994M5.866M5.739M5.488M5.542M
tax assets00000
other non current assets00000
total non current assets5.994M5.866M5.739M5.488M5.542M
other assets000-5.488M-5.542M
total assets6.074M5.959M5.867M5.517M5.673M
account payables370.279K0640.262K567.46K505.515K
short term debt450.00K250.00K442.877K102.877K402.877K
tax payables375.902K470.925K450.81K421.682K406.878K
deferred revenue00-1.083M00
other current liabilities146.924K376.538K6.642K2.496M2.479M
total current liabilities1.343M1.097M1.541M3.166M3.387M
long term debt00000
deferred revenue non current00000
deferred tax liabilities non current00000
other non current liabilities2.07M2.07M2.07M2.891M3.126M
total non current liabilities2.07M2.07M2.07M2.891M3.126M
other liabilities000-2.891M-3.126M
capital lease obligations00000
total liabilities3.413M3.167M3.611M3.166M3.387M
preferred stock00000
common stock5.856M5.787M5.685M5.475M5.528M
retained earnings-5.465M-5.334M-5.27M-5.175M-3.242M
accumulated other comprehensive income loss00000
other total stockholders equity2.27M2.339M1.841M2.051M0
total stockholders equity2.661M2.792M2.257M2.351M2.286M
total equity2.661M2.792M2.257M2.351M2.286M
total liabilities and stockholders equity6.074M5.959M5.867M5.517M5.673M
minority interest00000
total investments5.994M5.866M5.739M5.488M5.542M
total debt450.00K250.00K442.877K102.877K402.877K
net debt403.946K228.913K419.064K91.543K306.428K
Graph

MCAGU Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-06-302024-03-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202320232023
periodQ2Q1Q3Q2Q1
deferred income tax00000
stock based compensation00000
change in working capital-193.639K-31.222K1.893M272.052K72.993K
accounts receivables00000
inventory00000
accounts payables-188.106K-2.92K1.862M209.114K79.405K
other working capital-5.533K-28.302K31.29K62.938K-79.405K
other non cash items-99.687K-73.585K-69.49K-146.396K-217.397K
net cash provided by operating activities-357.917K-130.344K-109.166K-80.456K-187.74K
investments in property plant and equipment-3.004.00000
acquisitions net00000
purchases of investments-51.932K-51.932K00-300.00K
sales maturities of investments00000
other investing activites-51.932K-51.932K125.423K14.645M50.855K
net cash used for investing activites-51.932K-51.932K125.423K14.645M-249.145K
debt repayment-407.123K-190.00K00-300.00K
common stock issued00000
common stock repurchased00-101.372K-14.591M0
dividends paid00000
other financing activites407.123K190.00K00600.00K
net cash used provided by financing activities407.123K190.00K-101.372K-14.591M300.00K
effect of forex changes on cash00-293.21K-385.436K0
net change in cash-2.726K7.724K-85.115K-26.074K-136.885K
cash at end of period21.087K23.813K11.334K96.449K122.523K
cash at beginning of period23.813K16.089K96.449K122.523K259.408K
operating cashflow-357.917K-130.344K-109.166K-80.456K-187.74K
capital expenditure-3.004.00000
free cash flow-357.92K-130.34K-109.166K-80.456K-187.74K
Graph

Frequently Asked Questions

How did Mountain Crest Acquisition Corp. V do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, MCAGU generated $0.00 in revenue last quarter, while its costs came in at $0.00.

Last quarter, how much Gross Profit did Mountain Crest Acquisition Corp. V report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Mountain Crest Acquisition Corp. V reported a $0.00 Gross Profit for the quarter ended Jun 30, 2024.

Have MCAGU's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. MCAGU incurred $202.18K worth of Operating Expenses, while it generated -$202.18K worth of Operating Income.

How much Net Income has MCAGU posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Mountain Crest Acquisition Corp. V, the company generated -$130.87K in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Mountain Crest Acquisition Corp. V have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Mountain Crest Acquisition Corp. V as of the end of the last quarter was $46.05K.

What are MCAGU's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, MCAGU had Total Net Receivables of $0.00.

In terms of Total Assets and Current Assets, where did Mountain Crest Acquisition Corp. V stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of MCAGU were $79.81K, while the Total Assets stand at $6.07M.

As of the last quarter, how much Total Debt did Mountain Crest Acquisition Corp. V have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of MCAGU's debt was $450.00K at the end of the last quarter.

What were MCAGU's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, MCAGU reported total liabilities of $3.41M.

How much did MCAGU's Working Capital change over the last quarter?

Working Capital Change for MCAGU was -$193.64K over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

MCAGU generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. MCAGU generated -$357.92K of Cash from Operating Activities during its recently reported quarter.

What was MCAGU's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. MCAGU reported a -$2.73K Net Change in Cash in the most recent quarter.

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