ExcelFin Acquisition Corp.
Financials · Blank Checks · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | — | — | — |
| Net income | −$3.3M | $623,118 | −$696,971 |
| Total assets | $24.1M | $238.5M | $236.5M |
| Total liabilities | $11.9M | $10.4M | $9.1M |
| Equity | −$11.6M | −$8.8M | −$7.1M |
| EPS (diluted) | — | — | — |
| Shares out. | — | — | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- —
- Return on equity
- 28.4%
- Return on assets
- −13.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 49.5%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −627.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Accruals / assets
- −1.8%clean
- Piotroski F-Score
- 1/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 1 warning● 3 good- Negative shareholder equity
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Strong return on equity (>15%)
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 15, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
- NT 10-Qmissed a reporting deadline ↗May 16, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Other material eventSep 27, 2024
- Shareholder voteSep 26, 2024
- Delisting / listing-standard noticeSep 12, 2024
- Regulation FD disclosureSep 5, 2024
- Entered a material agreementAug 23, 2024
- Entered a material agreement · New financial obligation · Shareholder voteJul 24, 2024
- Regulation FD disclosureJun 27, 2024
- Entered a material agreementJun 20, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GOct 11, 2024
- 25-NSEOct 2, 2024
- 8-KFORM 8-KSep 27, 2024
- 8-KFORM 8-KSep 26, 2024
- 8-KFORM 8-KSep 12, 2024
- 425Sep 5, 2024
- 8-KFORM 8-KSep 5, 2024
- DEFM14ASep 5, 2024
- 425Aug 23, 2024
- 8-KFORM 8-KAug 23, 2024
- 10-QAug 19, 2024
- NT 10-QAug 15, 2024
- 8-KFORM 8-KJul 24, 2024
- DEFA14AJul 17, 2024
- 425Jun 27, 2024
Event-driven situations (2)
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