Flag Ship Acquisition Corp

PMI Healthcare Medical Devices

Flag Ship Acquisition Corp’s revenue for fiscal 2025 (year ended December 2025) was $4.9 million, up 12.5% from fiscal 2024.

Revenue
+38.6%
EPS
+92.8%
Free cash flow
+46.8%
Total debt
−89.8%

Quarter to June 2026, against a year earlier

9.00 1.15 +14.65%
Market cap
$19.3M
P/E
0.0×
Fwd P/E
−29.9×
Dividend yield
—
F-score
n/a
Altman Z
−4.36
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 20.25%

Capital & Financial Ratios $m

Size
Market Cap 19.30
Revenue ttm 6.29
Net income ttm (27.99)
Free cash flow ttm (16.04)
Net debt Q 0.66
Valuation
P/E 0.00
Forward P/E (29.90) (negative: loss-making)
Price / sales 2.65
Forward P/S Powerpack
Price / FCF 0.00
Price / book 9.73 (above 6: high)
Financial health
Current ratio Q 1.02
Debt / equity Q 0.41 (at or below 0.5: strong)
Interest coverage Q (52.01)
Growth
Revenue growth Q +38.62% (above 0%: growing)
Operating income growth Q −31.47% (below 0%: shrinking)
EPS, this year +77.33% (at or above 15%: strong)
EPS, next year A +47.06% (at or above 15%: strong)
Revenue, next year A +886.44% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

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 — — —

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (5.00) (3.05) — — —
’25 (40.00) (42.50) (9.50) (2.91) (37.50)
Fiscal quarters ending in the months shown.

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.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — — 4 5 6 +12.5% 49 44 49 +114.3%
Gross margin, % — — — — — — — — (2.55) (4.13) 18.62 (1.6) pt
EBT — — — — — — — — (21) (27) (28) +28.0%
EBT margin, % — — — — — — — — (479.85) (545.89) (444.65) (66.0) pt
Net income — — — — — — — — (21) (27) (28) +28.2%
Per share, $
Per share, $ Revenue — — — — — — — — 27.63 6.82 3.39 (75.3%)
Earnings — — — — — — — — (149.50) (37.50) (20.46) (74.9%)
Cash flow — — — — — — — — (74.73) (21.63) (8.64) (71.1%)
Capex — — — — — — — — 0.00 0.00 0.00 n/m
Free cash flow — — — — — — — — (74.73) (21.63) (8.64) (71.1%)
Book value — — — — — — — — (149.38) 5.23 0.92 n/m
Shares, m — — — — — — — — 0 1 1 +356.1%
Valuation, ×
Valuation, × P/E — — — — — — — — 0.00 0.00 0.00 0.0
P/S — — — — — — — — 9.41 12.84 2.65 11.1
P/B — — — — — — — — 0.00 16.74 9.73 8.4
EV/Sales — — — — — — — — 10.90 10.73 2.76 10.8
EV/FCF — — — — — — — — (4.47) (3.38) (1.08) (3.9)
Cash, $m
Cash, $m Operating cash flow — — — — — — — — (12) (16) (16) +32.0%
Capex — — — — — — — — — — — —
Free cash flow — — — — — — — — (12) (16) (16) +32.0%
Balance, $m
Balance, $m Working capital — — — — — — — — (26) 2 0 n/m
Net debt — — — — — — — — 5 (10) 1 n/m
Shareholders’ equity — — — — — — — — (24) 4 2 n/m
Returns, %
Returns, % ROA — — — — — — — — 0.00 (155.84) (268.26) (155.8) pt
ROIC — — — — — — — — 0.00 0.00 (410.80) 0.0 pt
ROE — — — — — — — — 0.00 134.30 106.08 +134.3 pt
People
People Employees — — — — — — — — 75 75 — 0.0%
Revenue/emp, $m — — — — — — — — 0.06 0.07 — +12.5%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Flag Ship Acquisition Corp vs peers in Medical Devices (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NNOX Nano-X Imaging Ltd. $19.6M — (loss-making) — (loss-making) +36.71% (above 0%: growing) n/m −21.37% (below 0%: shrinking) (1,050.87%) (1,334.91%) Compare
SNWV Sanuwave Health Inc. $19.4M 1.2× — (loss-making) −3.13% (below 0%: shrinking) n/m +86.75% (above 0%: growing) 76.23% (2.88%) Compare
PMI Flag Ship Acquisition Corp $19.3M — (loss-making) — (loss-making) +38.62% (above 0%: growing) n/m +46.79% (above 0%: growing) 20.85% (156.70%)
ALUR Allurion Technologies, Inc. $16.7M — (loss-making) — (loss-making) −47.19% (below 0%: shrinking) n/m +65.98% (above 0%: growing) 41.70% (126.60%) Compare
LFWD Lifeward Ltd. $16.3M — (loss-making) — (loss-making) +15.71% (above 0%: growing) n/m −52.77% (below 0%: shrinking) 40.90% (62.69%) Compare
ARAY Accuray Incorporated $14.8M — (loss-making) — (loss-making) −7.90% (below 0%: shrinking) n/m −138.30% (below 0%: shrinking) 0.00% (42.19%) Compare
CTSO Cytosorbents Corporation $14.5M — (loss-making) — (loss-making) +0.17% (above 0%: growing) n/m +64.90% (above 0%: growing) 73.18% (27.39%) Compare
RBOT Vicarious Surgical Inc. $14.3M — (loss-making) — — n/m +47.33% (above 0%: growing) 0.00% 0.00% Compare
HSCS HeartSciences Inc. $13.3M — (loss-making) — (loss-making) −46.15% (below 0%: shrinking) n/m +18.18% (above 0%: growing) 61.90% (139,957.14%) Compare
Median of peers $15.5M — — −3.13% — +32.76% 41.30% (52.44%)

All 149 Medical Devices stocks →

Pay and ownership Proxy statement filed 29 June 2026

Ownership

Directors and executive officers, together 0.00%
Hunniwell 39.62%
Hudson Bay Capital Management LP 6.99%
Ju Wang 5.27%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Flag Ship Acquisition Corp (PMI) Latest News

25 Mar

Impact 4 · · MarketBeat
Impact 4 · · GlobeNewswire

13 Jan

stockrow.com/PMI · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com