PF

ProCap Financial, Inc.

BRR·NASDAQ

$1.93

-7.4%
Financial ServicesAsset Management - Cryptocurrency

Columbus Circle Capital Corp. I operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which refer to throughout this prospectus as initial business combination. The company was founded in June 2024 and is headquartered in New York, NY.

At a Glance

Live Snapshot
Market Cap$174.81M
EPS-0.3900
P/E Ratio-4.95
Earnings Date05/14/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -5.0).

Valuation inputs: P/E -5.0, earnings yield N/A, momentum -7.4%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -6.9%, ROIC -1.3%).

Profitability stack: net margin -340.9%, ROE -6.9%, ROIC -1.3%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +34.2%, momentum -7.4%, net margin -340.9%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

b

ProCap Financial, Inc. Market vs Earnings Trajectory

BRR · NASDAQ

Loading price and EPS data...

PF

ProCap Financial, Inc. Fair Value Envelope

BRR · NASDAQ

Our analysis suggests that BRR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.93, this represents a potential HIDDEN relative to our calculated worth for ProCap Financial, Inc..

Intrinsic Value
Current Price: $1.93
3Y-48850.0%
5Y-48850.0%
10Y-48850.0%
3Y-
5Y-
10Y-
3Y+122970.0%
5Y+122970.0%
10Y+122970.0%
PF

ProCap Financial, Inc. Profit Bridge

BRR · NASDAQ
Revenue85.00K
Cost of Goods Sold (32.47K)
Gross Profit52.53K
Operating Expenses (8.04M)
Operating Income-7.99M
Interest Expense (534.05K)
Other Income/Expense-20.99M
Pretax Income-28.98M
Income Tax (0.00)
Net Income-28.98M
Net Income
-28.98M

Profitability Analysis

Gross Margin

61.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-9396.9%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-34088.8%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

61.80%
Gross Profit Margin
3Y-
5Y-
10Y-
-9396.92%
Operating Profit Margin
3Y-
5Y-
10Y-
-34088.83%
Net Profit Margin
3Y-
5Y-
10Y-
-6.90%
Return on Equity
3Y-
5Y-
10Y-
-4.54%
Return on Assets
3Y-
5Y-
10Y-
-1.25%
Return on Invested Capital
3Y-
5Y-
10Y-
B

ProCap Financial, Inc. Cash Conversion Engine

BRR · NASDAQ
Net Income-28.98M
Depreciation & Amortization32.47K
Stock-Based Compensation0.00
Change in Working Capital-350.87K
Others21.69M
Capital Expenditures-84.58K
Free Cash Flow-7.69M

Cash Flow Quality Analysis

FCF Conversion Rate

26.5%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

-1.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

Working Capital Impact

-$350.87K

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

b

ProCap Financial, Inc. Funding & Solvency Profile

BRR · NASDAQ
Cash & Cash Equivalents25.96M
Net Receivables0.00
Inventory0.00
Other Current Assets1.62M
Total Current Assets28 M
Property, Plant & Equipment1.20M
Goodwill & Intangible Assets372.28M
Long-Term Investments0.00
Other Non-Current Assets447.00K
Total Non-Current Assets2 M
Total Assets
401.50M

Financial Health Analysis

Current Ratio

13.02x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.31x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

25 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

7% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

b

ProCap Financial, Inc. Street Expectations Map

BRR · NASDAQ

No Target Data

No analyst price targets available for brr.

b

ProCap Financial, Inc. Insider Positioning

BRR · NASDAQ

During the last 12 months, there has been no insider trading activity reported for BRR.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

No Dividend Yield Data

BRR has not reported any dividend yield values in the available annual periods.

 

brr Dividend History

BRR
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%