SI

Spark I Acquisition Corp. Class A Ordinary Share

SPKL·NASDAQ

$11.45

-0.26%
Financial ServicesShell Companies

Spark I Acquisition Corporation operates as a blank check company that intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Palo Alto, California.

At a Glance

Live Snapshot
Market Cap$99.14M
EPS0.0231
P/E Ratio495.67
Earnings Date

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is elevated (P/E 495.7).

Valuation inputs: P/E 495.7, earnings yield +0.2%, momentum -0.3%.

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

Driver

High confidence

Return profile is soft (ROE +1.6%, ROIC -10.4%).

Profitability stack: net margin 0.0%, ROE +1.6%, ROIC -10.4%.

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 +29.0%, momentum -0.3%, net margin 0.0%.

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

s

Spark I Acquisition Corp. Class A Ordinary Share Market vs Earnings Trajectory

SPKL · NASDAQ

Loading price and EPS data...

SI

Spark I Acquisition Corp. Class A Ordinary Share Fair Value Envelope

SPKL · NASDAQ

Our analysis suggests that SPKL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $11.45, this represents a potential HIDDEN relative to our calculated worth for Spark I Acquisition Corp. Class A Ordinary Share.

Intrinsic Value
Current Price: $11.45
3Y-128.0%
5Y-183.0%
10Y-183.0%

No Revenue Data

SPKL has not reported any revenue values in the available annual periods.

3Y-122.0%
5Y-165.0%
10Y-165.0%
3Y+116.0%
5Y+235.0%
10Y+235.0%
3Y+116.0%
5Y+235.0%
10Y+235.0%
3Y+1844.0%
5Y+2868.0%
10Y+2868.0%
SI

Spark I Acquisition Corp. Class A Ordinary Share Profit Bridge

SPKL · NASDAQ
Revenue0.00
Cost of Goods Sold (0.00)
Gross Profit0.00
Operating Expenses (2.59M)
Operating Income-2.59M
Interest Expense (0.00)
Other Income/Expense0.00
Pretax Income293.60K
Income Tax (0.00)
Net Income293.60K
Net Income
293.60K

Profitability Analysis

No Gross Profit Margin Data

SPKL has not reported any gross profit margin values in the available annual periods.

No Operating Profit Margin Data

SPKL has not reported any operating profit margin values in the available annual periods.

No Net Profit Margin Data

SPKL has not reported any net profit margin values in the available annual periods.

1.63%
Return on Equity
-47%
3Y-98.0%
5Y-98.0%
10Y-98.0%
1.16%
Return on Assets
-61%
3Y-101.0%
5Y-102.0%
10Y-102.0%
-10.45%
Return on Invested Capital
432%
3Y-92.0%
5Y-87.0%
10Y-87.0%
S

Spark I Acquisition Corp. Class A Ordinary Share Cash Conversion Engine

SPKL · NASDAQ
Net Income293.60K
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital122.17K
Others-2.88M
Capital Expenditures3.00
Free Cash Flow-2.46M

Cash Flow Quality Analysis

FCF Conversion Rate

-838.5%

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

CapEx Intensity

-0.0%

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

FCF Growth Trend

-31.7%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$122.17K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

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.

s

Spark I Acquisition Corp. Class A Ordinary Share Funding & Solvency Profile

SPKL · NASDAQ
Cash & Cash Equivalents132.87K
Net Receivables0.00
Inventory0.00
Other Current Assets109.54K
Total Current Assets242 K
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments25.49M
Other Non-Current Assets0.00
Total Non-Current Assets25 M
Total Assets
25.73M

Financial Health Analysis

Current Ratio

0.06x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.44x

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

Working Capital

-4070794

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

1% Current

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

Financial Health Insight

Conservative with tight liquidity: Low debt is positive, but current ratio warrants attention. Consider whether the company is efficiently deploying its equity capital.

s

Spark I Acquisition Corp. Class A Ordinary Share Street Expectations Map

SPKL · NASDAQ

No Target Data

No analyst price targets available for spkl.

s

Spark I Acquisition Corp. Class A Ordinary Share Insider Positioning

SPKL · NASDAQ

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

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

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

 

spkl Dividend History

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