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Spark I Acquisition Corp. Class A Ordinary Share (SPKL) 10-Year Financial Performance & Capital Metrics

SPKL • • Banking & Credit
Financial ServicesSPACs & Shell Companies
AboutSpark I Acquisition Corporation operates as a blank check company that intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Palo Alto, California.Show more
  • Net Interest Income $5M +345.7%
  • Total Revenue $0
  • Net Income $3M +531.0%
  • Return on Equity 3.12% +308.4%
  • Net Interest Margin 4.89% +328.8%
  • Efficiency Ratio -
  • ROA 2.99% +314.0%
  • Equity / Assets 95.49% -0.8%
  • Book Value per Share 10.26 +69.4%
  • Tangible BV/Share 10.26 +69.4%
  • Debt/Equity 0.01
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong NIM of 4.9%
  • ✓Well capitalized: 95.5% equity/assets
  • ✓Share count reduced 39.1% through buybacks
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 0.8%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM41.45%

EPS CAGR

10Y-
5Y-
3Y-
TTM61.89%

ROCE

10Y Avg-44.25%
5Y Avg-44.25%
3Y Avg-44.25%
Latest-2.01%

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+041.18M5.25M
NII Growth %--294376.75%3.46%
Net Interest Margin %----
Interest Income041.18M5.25M
Interest Expense0000
Loan Loss Provision0000
Non-Interest Income+0-4-1.18M-5.25M
Non-Interest Income %----
Total Revenue+0000
Revenue Growth %----
Non-Interest Expense454.45K1.33M1.25M2.1M
Efficiency Ratio----
Operating Income+-454.45K-1.33M-1.25M-2.1M
Operating Margin %----
Operating Income Growth %--1.93%0.06%-0.68%
Pretax Income+-454.45K-1.33M-730.9K3.15M
Pretax Margin %----
Income Tax+0000
Effective Tax Rate %----
Net Income+-454.45K-1.33M-730.9K3.15M
Net Margin %----
Net Income Growth %--1.93%0.45%5.31%
Net Income (Continuing)-454.45K-1.33M-730.9K3.15M
EPS (Diluted)+-0.03-0.08-0.040.32
EPS Growth %--1.93%0.45%8.19%
EPS (Basic)-0.03-0.08-0.040.32
Diluted Shares Outstanding16.42M16.42M16.42M10M

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+251.16K587.64K1000K375.4K
Cash & Due from Banks251.16K587.64K1.4M375.4K
Short Term Investments0000
Total Investments+00101.68M106.93M
Investments Growth %---0.05%
Long-Term Investments00101.68M106.93M
Accounts Receivables0000
Goodwill & Intangibles+----
Goodwill0000
Intangible Assets0000
PP&E (Net)0000
Other Assets399.41K629.36K77.25K0
Total Current Assets455.09K675.14K1.56M479.81K
Total Non-Current Assets399.41K629.36K101.75M106.93M
Total Assets+854.5K1.3M103.32M107.41M
Asset Growth %-0.53%78.2%0.04%
Return on Assets (ROA)-0.53%-1.23%-0.01%0.03%
Accounts Payable0000
Total Debt+1M2.75M0840K
Net Debt748.84K2.16M-1.4M464.6K
Long-Term Debt0000
Short-Term Debt1M2.75M0840K
Other Liabilities003.5M3.5M
Total Current Liabilities1.28M3.07M408.68K1.35M
Total Non-Current Liabilities003.5M3.5M
Total Liabilities1.28M3.07M3.91M4.85M
Total Equity+-429.45K-1.76M99.41M102.56M
Equity Growth %--3.1%57.41%0.03%
Equity / Assets (Capital Ratio)----
Return on Equity (ROE)---0.01%0.03%
Book Value per Share-0.03-0.116.0510.26
Tangible BV per Share----
Common Stock687687101.68M106.93M
Additional Paid-in Capital24.31K24.31K246.71K0
Retained Earnings-454.45K-1.79M-2.52M-4.37M
Accumulated OCI0000
Treasury Stock0000
Preferred Stock0000

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-733.78K-1.14M-1.33M-1.87M
Operating CF Growth %--0.55%-0.17%-0.4%
Net Income-454.45K-1.33M-730.9K3.15M
Depreciation & Amortization0000
Deferred Taxes0000
Other Non-Cash Items00-1.18M-5.25M
Working Capital Changes-279.33K191.85K575.09K229.42K
Cash from Investing+1.97M0-100.5M0
Purchase of Investments0000
Sale/Maturity of Investments0000
Net Investment Activity----
Acquisitions0000
Other Investing1.97M0-100.5M0
Cash from Financing+984.94K1.48M102.65M840K
Dividends Paid0000
Share Repurchases0000
Stock Issued00108.49M0
Net Stock Activity----
Debt Issuance (Net)01000K-1000K840K
Other Financing984.94K-272.66K-3.09M0
Net Change in Cash+2.22M336.48K816.53K-1.03M
Exchange Rate Effect0000
Cash at Beginning-1.97M251.16K587.64K1.4M
Cash at End251.16K587.64K1.4M375.4K
Interest Paid0000
Income Taxes Paid0000
Free Cash Flow+-733.78K-1.14M-1.33M-1.87M
FCF Growth %--0.55%-0.17%-0.4%

Banking Ratios

Metric2021202220232024
Return on Equity (ROE)---1.5%3.12%
Return on Assets (ROA)-53.18%-123.46%-1.4%2.99%
Net Interest Margin0%0%1.14%4.89%
Equity / Assets-50.26%-135.08%96.22%95.49%
Book Value / Share-0.03-0.116.0510.26
NII Growth--29437675%345.74%

Frequently Asked Questions

Valuation & Price

Spark I Acquisition Corp. Class A Ordinary Share (SPKL) has a price-to-earnings (P/E) ratio of 35.4x. This suggests investors expect higher future growth.

Growth & Financials

Spark I Acquisition Corp. Class A Ordinary Share (SPKL) grew revenue by 0.0% over the past year. Growth has been modest.

Yes, Spark I Acquisition Corp. Class A Ordinary Share (SPKL) is profitable, generating $2.4M in net income for fiscal year 2024.

Dividend & Returns

Spark I Acquisition Corp. Class A Ordinary Share (SPKL) has a return on equity (ROE) of 3.1%. This is below average, suggesting room for improvement.

Industry Metrics

Spark I Acquisition Corp. Class A Ordinary Share (SPKL) has a net interest margin (NIM) of 4.9%. This indicates healthy earnings from lending activities.

Spark I Acquisition Corp. Class A Ordinary Share (SPKL) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.

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