FSHPU

Flag Ship Acquisition Corporation

Price Chart

No historical data available

Latest Quote

$11.25

+0.00 (+0.00%)

Current Price

Previous Close	$11.25
Open	$11.20
Day High	$11.25
Day Low	$11.25
Volume	201

Fetched: 2026-08-31T21:31:53

Stock Information

Shares Outstanding	6.22M
Total Debt	$2.05M
Cash Equivalents	$1K
Net Income	$976K
Sector	Financial Services
Industry	Shell Companies
Exchange	NGM

Recent Price History

No history data available. Data will be fetched automatically.

About Flag Ship Acquisition Corporation

Flag Ship Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2018 and is based in New York, New York.

📰 Latest News

No news articles available at the moment. Check back later for updates on FSHPU.

Period:

Income Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue
Total Revenue	$0	$0	$0	$0
Operating Revenue	$0	$0	$0	$0
Expenses
Total Expenses	$659,064	$889,298	$62,399	$107,192
Other Income Expense	$2,487,973	$1,799,136	-	-
Operating Expense	$659,064	$889,298	$62,399	$107,192
General And Administrative Expense	$659,064	$889,298	$62,399	$107,192
Net Non Operating Interest Income Expense	-	-	-	-
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$1,828,909	$909,838	$-62,399	$-107,192
Normalized Income	$-659,064	$-889,298	$-62,399	$-107,192
Net Income From Continuing And Discontinued Operation	$1,828,909	$909,838	$-62,399	$-107,192
Net Income Common Stockholders	$1,828,909	$909,838	$-62,399	$-107,192
Net Income	$1,828,909	$909,838	$-62,399	$-107,192
Net Income Including Noncontrolling Interests	$1,828,909	$909,838	$-62,399	$-107,192
Net Income Continuous Operations	$1,828,909	$909,838	$-62,399	$-107,192
Pretax Income	$1,828,909	$909,838	$-62,399	$-107,192
Operating Income	$-659,064	$-889,298	$-62,399	$-107,192
Net Interest Income	-	-	-	-
Interest Income	-	-	-	-
Interest Income Non Operating	-	-	-	-
Other
Tax Effect Of Unusual Items	$0	$0	$0	$0
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$-3,147,037	$-2,688,434	$-62,399	$-107,192
Total Unusual Items	$2,487,973	$1,799,136	-	-
Total Unusual Items Excluding Goodwill	$2,487,973	$1,799,136	-	-
EBITDA (Bullshit earnings)	$-659,064	$-889,298	$-62,399	$-107,192
EBIT	$-659,064	$-889,298	$-62,399	$-107,192
Diluted NI Availto Com Stockholders	$1,828,909	$909,838	$-62,399	$-107,192
Tax Provision	$0	$0	$0	$0
Gain On Sale Of Security	$2,487,973	$1,799,136	-	-
Selling General And Administration	$659,064	$889,298	$62,399	$107,192
Other Gand A	$659,064	$889,298	$62,399	$107,192

Fetched: 2026-08-31

Balance Sheet (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Net Tangible Assets	$29,916,237	$68,534,399	$-283,006	$-220,607
Total Assets	$33,105,112	$70,971,620	$150,548	$216,879
Total Non Current Assets	$33,080,038	$70,799,136	$30,000	$30,000
Other Non Current Assets	$33,080,038	$70,799,136	-	-
Current Assets	$25,074	$172,484	$120,548	$186,879
Prepaid Assets	$18,523	$95,737	$4,338	$4,471
Cash Cash Equivalents And Short Term Investments	$6,551	$76,747	$116,210	$182,408
Cash And Cash Equivalents	$6,551	$76,747	$116,210	$182,408
Cash Financial	$6,551	$76,747	$116,210	$182,408
Non Current Deferred Assets	-	$0	$30,000	$30,000
Debt
Net Debt	$1,440,200	$601,104	$317,344	$250,566
Total Debt	$1,446,751	$677,851	$433,554	$432,974
Current Debt And Capital Lease Obligation	$1,446,751	$677,851	$433,554	$432,974
Current Debt	$1,446,751	$677,851	$433,554	$432,974
Other Current Borrowings	$1,446,751	$677,851	$433,554	$432,974
Liabilities
Total Liabilities Net Minority Interest	$3,188,875	$2,437,221	$433,554	$437,486
Total Non Current Liabilities Net Minority Interest	$1,725,000	$1,725,000	$0	$0
Non Current Deferred Liabilities	$1,725,000	$1,725,000	$0	-
Current Liabilities	$1,463,875	$712,221	$433,554	$437,486
Payables And Accrued Expenses	$17,124	$34,370	$0	$4,512
Current Notes Payable	-	-	$433,554	$432,974
Equity
Common Stock Equity	$29,916,237	$68,534,399	$-283,006	$-220,607
Total Equity Gross Minority Interest	$29,916,237	$68,534,399	$-283,006	$-220,607
Stockholders Equity	$29,916,237	$68,534,399	$-283,006	$-220,607
Retained Earnings	$-3,165,764	$-2,266,700	$-308,006	$-245,607
Other
Ordinary Shares Number	$5,025,517	$8,863,000	$7,720,000	$7,720,000
Share Issued	$5,025,517	$8,863,000	$7,720,000	$7,720,000
Tangible Book Value	$29,916,237	$68,534,399	$-283,006	$-220,607
Invested Capital	$31,362,988	$69,212,250	$150,548	$212,367
Working Capital	$-1,438,801	$-539,737	$-313,006	$-250,607
Total Capitalization	$29,916,237	$68,534,399	$-283,006	$-220,607
Additional Paid In Capital	$0	$0	$23,275	$23,275
Capital Stock	$33,082,001	$70,801,099	$1,725	$1,725
Common Stock	$33,082,001	$70,801,099	$1,725	$1,725
Current Accrued Expenses	$17,124	$34,370	$0	$4,512

Fetched: 2026-08-31

Cash Flow Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Free Cash Flow
Free Cash Flow	$-479,096	$-876,327	$-66,778	$-96,386
Operating Activities
Operating Cash Flow	$-479,096	$-876,327	$-66,778	$-96,386
Cash Flow From Continuing Operating Activities	$-479,096	$-876,327	$-66,778	$-96,386
Operating Gains Losses	-	$-1,799,136	-	-
Investing Activities
Investing Cash Flow	$40,207,071	$-69,000,000	$0	-
Cash Flow From Continuing Investing Activities	$40,207,071	$-69,000,000	$0	-
Net Other Investing Changes	$40,207,071	$-69,000,000	-	-
Financing Activities
Repurchase Of Capital Stock	$-40,447,071	$0	-	-
Issuance Of Capital Stock	$0	$69,632,567	$0	-
Financing Cash Flow	$-39,798,171	$69,836,864	$580	$215,341
Cash Flow From Continuing Financing Activities	$-39,798,171	$69,836,864	$580	$215,341
Net Common Stock Issuance	$-40,447,071	$69,632,567	$0	-
Common Stock Issuance	$0	$69,632,567	$0	-
Net Other Financing Charges	-	$637,851	$580	$215,341
Other
Repayment Of Debt	$0	$-433,554	$0	-
Issuance Of Debt	$648,900	$637,851	-	-
End Cash Position	$6,551	$76,747	$116,210	$182,408
Beginning Cash Position	$76,747	$116,210	$182,408	$63,453
Changes In Cash	$-70,196	$-39,463	$-66,198	$118,955
Common Stock Payments	$-40,447,071	$0	-	-
Net Issuance Payments Of Debt	$648,900	$204,297	$0	-
Net Short Term Debt Issuance	$648,900	$204,297	$0	-
Short Term Debt Payments	$0	$-433,554	$0	-
Short Term Debt Issuance	$648,900	$637,851	-	-
Change In Working Capital	$179,968	$12,971	$-4,379	$10,806
Change In Payables And Accrued Expense	$102,754	$74,370	$-4,512	$4,512
Change In Accrued Expense	$-17,246	$34,370	$-4,512	$4,512
Change In Payable	$120,000	$40,000	-	-
Change In Prepaid Assets	$77,214	$-91,399	$133	$6,294
Other Non Cash Items	$-2,487,973	$-1,799,136	-	-
Net Income From Continuing Operations	$1,828,909	$909,838	$-62,399	$-107,192
Change In Other Working Capital	-	$30,000	-	-
Gain Loss On Investment Securities	-	$-1,799,136	-	-

Fetched: 2026-08-31