FVN Future Vision II Acquisition Corporation - Ordinary Shares
NASDAQ · N/A · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 11, 2026
$8.01
· of 52w range
· above low
· to high
$7.9052w low
$21.8852w high
Market Cap (MRQ)
$14M
your badges
52W Range
$8–$22
Analyst Rating
·
Price Target
·
P/E
·
ROE
67.9%
Net Profit Margin
85.2%
Your badge strip is empty — pin a metric anywhere on this page.
FVN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$8.01
Market Cap (MRQ)
$14M
ROE
67.9%
52W Range
$8–$22
FVN Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance Revenue, net income, margins and EPS trends
Net margin85.2%2024-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | FVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/S | 5.9 | · | · | · | |
| P/B (MRQ) | 8.0 | · | · | · | |
| Price / Cash Flow | -46.7 | · | · | · | |
| Price / Tangible Book | 8.0 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | FVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin | -16.1% | · | · | · | |
| EBITDA Margin | -16.1% | · | · | · | |
| Pretax Margin | 85.2% | · | · | · | |
| Net Profit Margin | 85.2% | · | · | · | |
| ROA | 3.4% | · | · | · | |
| ROE | 67.9% | · | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | FVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio (MRQ) | 392.8 | · | · | · | |
| Quick Ratio | 392.8 | · | · | · |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | FVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 197.0% | · | · | · | |
| Net Income YoY | 223.3% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | FVN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.0 | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Next Report
Oct 29, 2026
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| SG&A Expense | $10.0K | $10.0K | |
| Operating Expenses | $391.0K | $190.6K | |
| Operating Income | $-391.0K | $-190.6K | |
| Pretax Income | $2M | $640.3K | |
| Net Income | $2M | $640.3K | |
| EBITDA | $-391.0K | $-190.6K |
Balance Sheet
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Cash & Equivalents | $1M | $1M | |
| Short-term Investments | $61M | · | |
| Prepaid Expense | · | $5.0K | |
| Current Assets | $62M | $1M | |
| Total Assets | $62M | $60M | |
| Accounts Payable | · | $75.0K | |
| Current Liabilities | $158.0K | $111.3K | |
| Total Liabilities | $158.0K | $111.3K | |
| Common Stock | $179 | $179 | |
| Paid-in Capital | $2M | $8M | |
| Stockholders' Equity | $2M | $8M | |
| Liabilities + Equity | $62M | $60M | |
| Shares Outstanding | 1,794,000 | 1,794,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Operating Cash Flow | $-307.8K | $-146.5K | |
| Investing Cash Flow | · | $-58M | |
| Financing Cash Flow | · | $59M |
Profitability
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Operating Margin | -16.1% | -23.3% | |
| Net Margin | 85.2% | 78.3% | |
| Pretax Margin | 85.2% | 78.3% | |
| EBITDA Margin | -16.1% | -23.3% | |
| ROA | 3.4% | 2.1% | |
| ROE | 67.9% | 8.9% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Current Ratio | 392.8 | 12.0 | |
| Quick Ratio | 392.8 | 12.0 |
Efficiency
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 |
Per Share
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Book Value / Share | $1.01 | $4.29 | |
| Cash / Share | $0.57 | $0.74 |
Growth Rates
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Revenue YoY | 197.0% | · | |
| Net Income YoY | 223.3% | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 |
|---|---|---|---|
| Revenue TTM | $2M | $818.2K | |
| Net Income TTM | $2M | $640.3K | |
| Market Cap | $19M | $18M | |
| P/S | 7.8 | 22.0 | |
| P/B | 10.5 | 2.3 | |
| P / Tangible Book | 10.5 | 2.3 | |
| P / Cash Flow | -61.6 | -122.8 |
Income Statement
| Metric | Trend | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|
| SG&A Expense | · | $0 | $0 | $10.0K | · | · | |
| Operating Expenses | · | $69.2K | $70.8K | $166.9K | $6.6K | $2.1K | |
| Operating Income | · | $-69.2K | $-70.8K | $-166.9K | $-6.6K | $-2.1K | |
| Pretax Income | · | $557.2K | $551.9K | $454.3K | $141.9K | $-2.1K | |
| Net Income | · | $557.2K | $551.9K | $454.3K | $141.9K | $-2.1K | |
| EBITDA | · | $-69.2K | $-70.8K | $-166.9K | $-6.6K | · |
Balance Sheet
| Metric | Trend | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | · | $1M | $1M | · | $1M | · | |
| Prepaid Expense | · | $22.2K | $46.0K | $67.0K | $9.8K | · | |
| Current Assets | · | $1M | $1M | $1M | $1M | · | |
| Total Assets | · | $62M | $61M | $60M | $59M | · | |
| Accounts Payable | · | $75.0K | $75.0K | $75.0K | $75.0K | · | |
| Current Liabilities | · | $202.3K | $171.7K | $141.3K | $80.7K | · | |
| Total Liabilities | · | $202.3K | $171.7K | $141.3K | $80.7K | · | |
| Common Stock | · | $179 | $179 | $179 | $179 | · | |
| Paid-in Capital | · | $3M | $4M | $7M | $7M | · | |
| Retained Earnings | · | · | · | · | $137.2K | · | |
| Stockholders' Equity | · | $3M | $4M | $7M | $7M | · | |
| Liabilities + Equity | · | $62M | $61M | $60M | $59M | · | |
| Shares Outstanding | · | 1,794,000 | 1,794,000 | 1,794,000 | 1,794,000 | · |
Cash Flow
| Metric | Trend | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | · | $-7.1K | $-11.2K | $-190.1K | · | $-2.1K | |
| Financing Cash Flow | · | $0 | · | · | · | $229.9K |
Profitability
| Metric | Trend | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|
| Operating Margin | · | -11.2% | -11.5% | -27.3% | -4.5% | · | |
| Net Margin | · | 90.1% | 89.8% | 74.2% | 96.0% | · | |
| Pretax Margin | · | 90.1% | 89.8% | 74.2% | · | · | |
| EBITDA Margin | · | -11.2% | -11.5% | -27.3% | -4.5% | · | |
| ROA | · | 0.92% | 1.8% | 1.5% | 0.48% | · | |
| ROE | · | 11.5% | 25.7% | 12.9% | 4.2% | · |
Liquidity & Solvency
| Metric | Trend | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|
| Current Ratio | · | 5.7 | 6.9 | 8.6 | 18.3 | · | |
| Quick Ratio | · | 5.5 | 6.5 | · | 16.1 | · |
Efficiency
| Metric | Trend | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|
| Asset Turnover | · | 0.0 | 0.0 | 0.0 | 0.0 | · |
Per Share
| Metric | Trend | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|
| Book Value / Share | · | $1.70 | $2.39 | $3.93 | $3.72 | · | |
| Cash / Share | · | $0.62 | $0.62 | · | $0.72 | · |
Valuation (TTM)
| Metric | Trend | Q4 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q1 2024 |
|---|---|---|---|---|---|---|---|
| Revenue TTM | $2M | · | · | · | · | · | |
| Net Income TTM | $2M | $2M | · | · | · | · | |
| Market Cap | · | $19M | $19M | $18M | · | · | |
| P/B | · | 6.1 | 4.4 | 2.6 | · | · | |
| P / Tangible Book | · | 6.1 | 4.4 | 2.6 | · | · | |
| P / Cash Flow | · | · | · | -96.1 | · | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Operating Margin % | -16.1% | -23.3% |
| Net Income | $2M | $640.3K |
| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Current Ratio | 392.8 | 12.0 |
| Quick Ratio | 392.8 | 12.0 |
No data for this statement
Not enough fundamentals data to build this statement yet.
Institutional owners (13F) 25 filers · $42.6M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
25
Value held
$42.6M
New positions
0
Exited positions
4
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 0 (-2 vs prior Q) | 4 (+4 vs prior Q) | 5 (0 vs prior Q) | 8 (+4 vs prior Q) | -2.2M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| MIZUHO SECURITIES USA LLC | $6,760,314 | 669,338 | 15.87% | Shares |
| Karpus Management, Inc. | $5,246,901 | 479,169 | 12.32% | Shares |
| Westchester Capital Management, LLC | $4,121,165 | 376,362 | 9.68% | Shares |
| ATW SPAC MANAGEMENT LLC | $3,029,362 | 289,614 | 7.11% | Shares |
| HEIGHTS CAPITAL MANAGEMENT, INC | $2,629,128 | 240,103 | 6.17% | Shares |
| L1 Global Manager Pty Ltd | $2,463,750 | 225,000 | 5.78% | Shares |
| AQR Arbitrage LLC | $2,328,211 | 212,622 | 5.47% | Shares |
| D. E. Shaw & Co., Inc. | $2,021,644 | 184,625 | 4.75% | Shares |
| Shaolin Capital Management LLC | $1,969,522 | 179,865 | 4.62% | Shares |
| Quarry LP | $1,868,070 | 170,600 | 4.39% | Shares |
| GOLDMAN SACHS GROUP INC | $1,657,545 | 151,374 | 3.89% | Shares |
| ARISTEIA CAPITAL, L.L.C. | $1,341,714 | 122,531 | 3.15% | Shares |
| Clear Street Group Inc. | $1,186,071 | 108,317 | 2.78% | Shares |
| TORONTO DOMINION BANK | $1,141,658 | 104,261 | 2.68% | Shares |
| Polar Asset Management Partners Inc. | $1,097,267 | 100,207 | 2.58% | Shares |
| WHITEBOX ADVISORS LLC | $1,095,000 | 100,000 | 2.57% | Shares |
| Cable Car Capital, LP | $985,500 | 90,000 | 2.31% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $755,046 | 68,954 | 1.77% | Shares |
| Centiva Capital, LP | $492,531 | 44,980 | 1.16% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $204,776 | 18,701 | 0.48% | Shares |
| MIZUHO SECURITIES USA LLC | $119,350 | 11,000 | 0.28% | Shares |
| CLEAR STREET LLC | $71,085 | 6,822 | 0.17% | Shares |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC | $4,928 | 450 | 0.01% | Shares |
| MORGAN STANLEY | $569 | 52 | 0.00% | Shares |
| UBS Group AG | $22 | 2 | 0.00% | Shares |
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Hwei Super Speed Co., Ltd. | Sept. 25, 2024 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Source: SEC 10-Q filed Aug 11, 2026