Southport Acquisition Corp (PORT) Financial Statements
Industry: Motion Picture & Video Tape Production (Services)
In fiscal 2025, Southport Acquisition reported revenue of $321.6M. Net income was -$170.5M (a -53.0% net margin), or -$1.10 per diluted share. Gross margin was 61.2% and operating margin was -51.0%. Operating activities generated -$83.3M of cash, leaving -$83.3M of free cash flow. At fiscal year end, Southport Acquisition held $241.4M in total assets against $267.2M in total liabilities, including $44.1M of cash and equivalents.
Open the full interactive Southport Acquisition financials → Quarterly statements, key ratios, valuation history and price charts.
Southport Acquisition Key Stats
| Share Price | $3.73 |
|---|---|
| Market Cap | $687.2M |
| 52-Week Range | $2.18 – $7.40 |
| Shares Outstanding | 184.2 million (basic, 2026 Q2) |
Southport Acquisition Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $321.6M |
| Cost of Goods Sold | $0 | $0 | $0 | $485.7M |
| Gross Profit | $0 | $0 | $0 | $196.7M |
| Operating Income | -$1.6M | -$1.7M | -$1.6M | -$164.1M |
| Pre-Tax Income | $18.5M | $4.0M | -$5.0M | -$170.5M |
| Income Tax | $362,282 | $1.3M | $152,466 | -$12,679 |
| Net Income | $18.1M | $2.7M | -$5.1M | -$170.5M |
| Diluted EPS | $11.48 | $0.26 | -$0.76 | -$1.10 |
Southport Acquisition Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $76.5M | $245.0M | $115.1M | $111.7M |
| Net Income | -$38.6M | -$130.3M | -$13.8M | -$23.8M |
| Diluted EPS | -$0.25 | -$0.84 | -$0.08 | -$0.13 |
Southport Acquisition Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | — | — | — | $44.1M |
| Current Assets | $278,452 | $2.2M | $625,978 | $134.9M |
| Total Assets | $238.3M | $46.9M | $1.1M | $241.4M |
| Current Liabilities | $1.2M | $5.0M | $4.5M | $219.0M |
| Total Long-Term Debt | — | — | — | $101.0M |
| Total Liabilities | $1.7M | $5.6M | $9.1M | $267.2M |
| Shareholders' Equity | -$1.5M | -$3.4M | -$8.5M | -$25.8M |
Southport Acquisition Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | $396,482 | $5.5M | -$2.3M | -$83.3M |
| Cash From Investing | -$2.6M | $193.5M | $44.3M | -$55.6M |
| Cash From Financing | $328,131 | -$196.9M | -$43.7M | $175.8M |
| Free Cash Flow | — | — | — | -$83.3M |
Figures from Southport 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 Southport Acquisition financials page for every line item.
Southport Acquisition Company Profile
| Ticker | PORT |
|---|---|
| Exchange | NYSE |
| Industry | Motion Picture & Video Tape Production (Services) |
| Headquarters | Provo, Utah |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001865200 |
Frequently Asked Questions
What was Southport Acquisition's revenue in fiscal 2025?
Southport Acquisition (PORT) reported revenue of $321.6M for fiscal 2025.
What is Southport Acquisition's annual revenue history?
Southport Acquisition's annual revenue by fiscal year: 2022: $0; 2023: $0; 2024: $0; 2025: $321.6M.
What was Southport Acquisition's net income in fiscal 2025?
Southport Acquisition reported net income of -$170.5M for fiscal 2025.
What was Southport Acquisition's earnings per share (EPS) in fiscal 2025?
Southport Acquisition's diluted EPS was -$1.10 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Southport Acquisition generate in fiscal 2025?
Southport Acquisition generated -$83.3M of free cash flow in fiscal 2025.
What was Southport Acquisition's revenue last quarter?
In its most recent reported quarter (2026 Q2), Southport Acquisition reported revenue of $111.7M.
How much debt does Southport Acquisition have?
Southport Acquisition reported $101.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Southport Acquisition are outstanding?
Southport Acquisition reported a weighted average of 184.2 million basic shares outstanding in 2026 Q2.
What is Southport Acquisition's market cap?
Based on its latest closing price, Southport Acquisition (PORT) has a market capitalization of about $687.2M.
When does Southport Acquisition's fiscal year end?
Southport Acquisition's fiscal year end, as registered with the SEC, is December 31.
Where is Southport Acquisition headquartered?
Southport Acquisition lists its business address in Provo, Utah in its SEC filings.
Southport Acquisition Competitors & Similar Companies
See all 7 Motion Picture & Video Tape Production (Services) companies →