Saturday 17 October 2026 Export PMI’s income statement to Excel — free account

Flag Ship Acquisition Corp

Flag Ship Acquisition Corp’s revenue for fiscal 2025 (year ended December 2025) was $4.9 million, up 12.5% from fiscal 2024. In the quarter to June 2026, revenue grew 38.6%, EPS grew 92.8%, free cash flow grew 46.8% and total debt fell 89.8%, each against the same quarter a year earlier.

12.75 2.75 +27.50%

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Market cap: $23.4M
P/E: 0.5×
Fwd P/E: −60.9×
Dividend yield: —
F-score: n/a
Altman Z: −4.36
Beneish M: n/a
Dividend safety: n/a

Overview Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 24.02%

Capital & Financial Ratios $m

Market Cap 23.38

Revenue 6.29

Net Income (27.99)

Free Cash Flow (16.04)

Net Debt 0.66

Current Ratio 1.02

Debt/Equity 0.41

P/E ratio 0.46

Fwd P/E (60.90)

P/S ratio 3.76

P/B ratio 13.79

Past 5Y EPS Growth —

This Y EPS Growth 77.33%

Next Y EPS Growth 47.06%

Next Y revenue growth 891.50%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	Powerpack
2025	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	—	0	11	0
Receivables	—	1	1	1
Inventory	—	8	7	6
Other	—	—	—	—
	—	10	21	8

	2023	2024	2025	Q'26
Payables	—	5	2	3
ST’ Debt	—	5	1	1
Other	—	7	8	1
	—	35	19	7

Compound Annual Growth %

	10y	5y	3y
Sales	—	—	—
Cash Flow	—	—	—
Earnings	—	—	—
Book Value	—	—	—

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1	3	—	—	—
’25	1	2	1	1	5

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(4)	(1)	—	—	—
’25	(2)	(3)	(7)	(4)	(16)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(4)	(1)	—	—	—
’25	(2)	(3)	(7)	(4)	(16)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(5.00)	(3.05)	—	—	—
’25	(40.00)	(42.50)	(9.50)	45.13	(37.50)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	—	—	82.50	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	—	—	684.00
People
People	Employees	—	—	—	—	—	—	—	—	75	75
	Revenue/emp, $m	—	—	—	—	—	—	—	—	0.06	0.07
Income, $m
Income, $m	Revenue	—	—	—	—	—	—	—	—	4	5
	Gross margin, %	—	—	—	—	—	—	—	—	(2.55)	(4.13)
	EBT	—	—	—	—	—	—	—	—	(21)	(27)
	EBT margin, %	—	—	—	—	—	—	—	—	(479.85)	(545.89)
	Net income	—	—	—	—	—	—	—	—	(21)	(27)
	Depreciation	—	—	—	—	—	—	—	—	3	5
Per share, $
Per share, $	Revenue	—	—	—	—	—	—	—	—	27.63	6.82
	Earnings	—	—	—	—	—	—	—	—	(149.50)	(37.50)
	Cash flow	—	—	—	—	—	—	—	—	(74.73)	(21.63)
	Capex	—	—	—	—	—	—	—	—	0.00	0.00
	Free cash flow	—	—	—	—	—	—	—	—	(74.73)	(21.63)
	Book value	—	—	—	—	—	—	—	—	(149.38)	5.23
	Shares, m	—	—	—	—	—	—	—	—	0	1
Valuation, ×
Valuation, ×	P/E	—	—	—	—	—	—	—	—	0.00	0.00
	P/S	—	—	—	—	—	—	—	—	9.41	12.84
	P/B	—	—	—	—	—	—	—	—	0.00	16.74
	EV/Sales	—	—	—	—	—	—	—	—	10.90	10.73
	EV/FCF	—	—	—	—	—	—	—	—	(4.47)	(3.38)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	—	—	—	—	(12)	(16)
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	—	—	—	—	—	—	—	—	(12)	(16)
Balance, $m
Balance, $m	Working capital	—	—	—	—	—	—	—	—	(26)	2
	Total debt	—	—	—	—	—	—	—	—	5	1
	Net debt	—	—	—	—	—	—	—	—	5	(10)
	Shareholders’ equity	—	—	—	—	—	—	—	—	(24)	4
Returns, %
Returns, %	ROA	—	—	—	—	—	—	—	—	0.00	(155.84)
	ROIC	—	—	—	—	—	—	—	—	0.00	0.00
	ROE	—	—	—	—	—	—	—	—	0.00	134.30

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NSYS Nortech Systems Incorporated	$29.5M	27.9×	17.5×	+9.34% (above 0%: growing)	−8.33% (below 0%: shrinking)	−1,567.16% (below 0%: shrinking)	17.00%	1.86%	Compare
ITOC iTonic Holdings Ltd.	$29.3M	—	—	—	—	—	—	—	Compare
PMI Flag Ship Acquisition Corp	$23.4M	0.5×	— (loss-making)	+38.62% (above 0%: growing)	n/m	+46.79% (above 0%: growing)	20.85%	(156.70%)
NSPR InspireMD, Inc.	$22.3M	— (loss-making)	— (loss-making)	−0.39% (below 0%: shrinking)	n/m	−26.00% (below 0%: shrinking)	(43.70%)	(815.64%)	Compare
ARAY Accuray Incorporated	$20.8M	— (loss-making)	— (loss-making)	−20.87% (below 0%: shrinking)	n/m	+117.83% (above 0%: growing)	35.22%	5.47%	Compare
MODD Modular Medical, Inc.	$20.5M	— (loss-making)	—	—	n/m	−5.61% (below 0%: shrinking)	0.00%	0.00%	Compare
PAVM PAVmed Inc.	$19.4M	— (loss-making)	— (loss-making)	+450.00% (above 0%: growing)	n/m	−125.63% (below 0%: shrinking)	(269.70%)	(21,278.79%)	Compare
BDMD Baird Medical Investment Holdings Limited	$19.2M	— (loss-making)	—	—	n/m	−598.12% (below 0%: shrinking)	—	—	Compare
LFWD Lifeward Ltd.	$17.2M	— (loss-making)	— (loss-making)	+15.71% (above 0%: growing)	n/m	−52.77% (below 0%: shrinking)	40.90%	(62.69%)	Compare
Median of peers	$20.6M	—	—	+9.34%	—	−52.77%	8.50%	(31.34%)

All 149 Medical Devices stocks →

Flag Ship Acquisition Corp (PMI) key facts

Strength: Flag Ship Acquisition Corp’s revenue for fiscal 2025 (year ended December 2025) was $4.9 million, up 12.5% from fiscal 2024.
Flag Ship Acquisition Corp (PMI) is a Medical Devices company in the Healthcare sector, listed on NYSE American.
As of October 16, 2026, PMI traded at $12.75, a market capitalization of $23.4 million.
Return on equity was 134.3% and debt-to-equity 0.41.
Its Altman Z-score is −4.36 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.