FSHP - NASDAQ

FS

Flag Ship Acquisition Corporation

FSHP·NASDAQ

$11.04

+0.27%
Financial ServicesShell Companies

Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York. Flag Ship Acquisition Corporation was formerly a subsidiary of Whale Management Corporation.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$97.85M
EPS0.3300
P/E Ratio33.45
Earnings Date—
-479.10K
Operating Cash Flow
-45%
3Y+397.0%
5Y+7459.0%
10Y+13991.0%
40.21M
Investing Cash Flow
-158%
3Y-
5Y-
10Y-
-39.80M
Financing Cash Flow
-157%
3Y-18581.0%
5Y-440345.0%
10Y-1170634.0%
F

Flag Ship Acquisition Corporation Cash Conversion Engine

FSHP · NASDAQ
Net Income1.83M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital0.00
Others-2.31M
Capital Expenditures0.00
Free Cash Flow-479.10K

Cash Flow Quality Analysis

FCF Conversion Rate

-26.2%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

FCF Growth Trend

+45.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$0.00

Neutral working capital impact. Changes in current assets and liabilities balanced out.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

Flag Ship Acquisition Corporation Cash Flow Statement

FSHP • NASDAQ

Flag Ship Acquisition Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
OPERATING ACTIVITIES
Net Income
1.8M
909.8K
-62.4K
-107.2K
-86.7K
-6.3K
-3.4K
Other Non-Cash Items
-2.3M
-1.8M
0.0
0.0
0.0
0.0
0.0
Change in Working Capital
0.0
13K
-4.4K
10.8K
-10.8K
0.0
0.0
Cash from Operating Activities
-479.1K
-876.3K
-66.8K
-96.4K
-97.4K
-6.3K
-3.4K
INVESTING ACTIVITIES
Purchase of Investments
(0.0)
-69M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Other Investing Items
40.2M
0.0
0.0
0.0
0.0
0.0
0.0
Cash from Investing Activities
(40.2M)
-69M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
FINANCING ACTIVITIES
Net Issuance of Common Stock
0.0
69.6M
0.0
0.0
25K
0.0
0.0
Net Issuance of Debt
0.0
-433.6K
580.0
220.3K
193.2K
0.0
0.0
Cash Paid for Dividends
-2.5M
-1.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
Other Financing Items
-37.3M
2.4M
0.0
-5K
-60K
9K
3.4K
Cash from Financing Activities
-39.8M
69.8M
580.0
215.3K
158.2K
9K
3.4K
CASH FLOW SUMMARY
Net Change in Cash
-70.2K
-39.5K
-66.2K
119K
60.8K
2.7K
0.0
Cash at Beginning of Period
76.7K
116.2K
182.4K
63.5K
2.7K
0.0
0.0
Cash at End of Period
6.6K
76.7K
116.2K
182.4K
63.5K
2.7K
0.0
Free Cash Flow
-479.1K
-876.3K
-66.8K
-96.4K
-97.4K
-6.3K
-3.4K

SEC Filings

FSHP - Filing history and reports

No SEC filings available for FSHP

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