Flag Ship Acquisition Corp (FSHP) Financial Statements
Industry: Blank Checks
In fiscal 2025, Flag Ship Acquisition reported revenue of $2.5M. Net income was $1.8M (a 73.5% net margin), or $0.24 per diluted share. Operating activities generated -$479,096 of cash. At fiscal year end, Flag Ship Acquisition held $33.1M in total assets against $3.2M in total liabilities.
Open the full interactive Flag Ship Acquisition financials → Quarterly statements, key ratios, valuation history and price charts.
Flag Ship Acquisition Key Stats
| Share Price | $11.28 |
|---|---|
| Market Cap | $22.1M |
| P/E Ratio | 47.0 |
| 52-Week Range | $10.60 – $11.55 |
| Shares Outstanding | 2.0 million (basic, 2026 Q2) |
Flag Ship Acquisition Income Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Revenue | $0 | $2.5M |
| Pre-Tax Income | $909,838 | $1.8M |
| Net Income | $909,838 | $1.8M |
| Diluted EPS | — | $0.24 |
Flag Ship Acquisition Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $0 | $2.5M | $0 | $0 |
| Net Income | $453,501 | $208,084 | $159,828 | $184,954 |
| Diluted EPS | — | $0.11 | $0.03 | -$0.09 |
Flag Ship Acquisition Balance Sheet
| FY 2024 | FY 2025 | |
|---|---|---|
| Current Assets | $172,484 | $25,074 |
| Total Assets | $71.0M | $33.1M |
| Current Liabilities | $712,221 | $1.5M |
| Total Liabilities | $2.4M | $3.2M |
| Shareholders' Equity | -$2.3M | -$3.2M |
Flag Ship Acquisition Cash Flow Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Cash From Operations | -$876,327 | -$479,096 |
| Cash From Investing | -$69.0M | $40.2M |
| Cash From Financing | $69.8M | -$39.8M |
Figures from Flag Ship Acquisition's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Flag Ship Acquisition financials page for every line item.
Flag Ship Acquisition Company Profile
| Ticker | FSHP |
|---|---|
| Exchange | Nasdaq |
| Industry | Blank Checks |
| Headquarters | New York, New York |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company, emerging growth company |
| SEC CIK | 0001850059 |
Frequently Asked Questions
What was Flag Ship Acquisition's revenue in fiscal 2025?
Flag Ship Acquisition (FSHP) reported revenue of $2.5M for fiscal 2025.
What was Flag Ship Acquisition's net income in fiscal 2025?
Flag Ship Acquisition reported net income of $1.8M for fiscal 2025.
What was Flag Ship Acquisition's earnings per share (EPS) in fiscal 2025?
Flag Ship Acquisition's diluted EPS was $0.24 for fiscal 2025 (adjusted for any later stock splits).
What was Flag Ship Acquisition's revenue last quarter?
In its most recent reported quarter (2026 Q2), Flag Ship Acquisition reported revenue of $0.
How many shares of Flag Ship Acquisition are outstanding?
Flag Ship Acquisition reported a weighted average of 2.0 million basic shares outstanding in 2026 Q2.
What is Flag Ship Acquisition's market cap?
Based on its latest closing price, Flag Ship Acquisition (FSHP) has a market capitalization of about $22.1M.
When does Flag Ship Acquisition's fiscal year end?
Flag Ship Acquisition's fiscal year end, as registered with the SEC, is December 31.
Where is Flag Ship Acquisition headquartered?
Flag Ship Acquisition lists its business address in New York, New York in its SEC filings.