Saturday 17 October 2026
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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. 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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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | — | 82.50 |
Analyst estimates 2026–2028 Powerpack |
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| 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.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| 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%) |
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.