The company has generated zero revenue across all observed periods, while administrative expenses reached $86,600 in 2026Q1, highlighting the ongoing cost burden of maintaining a public listing.
| Sales/Revenue | 0 | - | - |
| Revenue Growth % | - | - | - |
| Cost of Goods Sold | 0 | - | - |
| COGS % of Revenue | - | - | - |
| Gross Profit | 0 | 0 | 0 |
| Gross Margin % | - | - | - |
| Gross Profit Growth % | - | - | - |
| Operating Expenses | 511.9K | 595.54K | 333 |
| OpEx % of Revenue | - | - | - |
| Selling, General & Admin | 86.61K | 0 | 333 |
| SG&A % of Revenue | - | - | - |
| Research & Development | 0 | - | - |
| R&D % of Revenue | - | - | - |
| Other Operating Expenses | 0 | - | - |
| Operating Income | -511.9K | -595.54K | -332 |
| Operating Margin % | - | - | - |
| Operating Income Growth % | - | -179281.02% | - |
| EBITDA | -511.9K | -595.54K | 1 |
| EBITDA Margin % | - | - | - |
| EBITDA Growth % | -175.09% | -64244436.57% | - |
| D&A (Non-Cash Add-back) | 0 | 0 | 333 |
| EBIT | -511.9K | -595.54K | -332 |
| Net Interest Income | -115.03K | 3.58M | 660.24K |
| Interest Income | -111.85K | 3.58M | 660.24K |
| Interest Expense | 0 | 0 | 0 |
| Other Income/Expense | 0 | - | - |
| Pretax Income | 2.95M | 2.98M | 356 |
| Pretax Margin % | - | - | - |
| Income Tax | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% |
| Net Income | 2.95M | 2.98M | 356 |
| Net Margin % | - | - | - |
| Net Income Growth % | 303.31% | 838060.79% | - |
| Net Income (Continuing) | 2.95M | 2.98M | 356 |
| Discontinued Operations | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
| EPS (Diluted) | 0.27 | 0.27 | 0.02 |
| EPS Growth % | 195.07% | 1011.11% | - |
| EPS (Basic) | - | 0.27 | 0.02 |
| Diluted Shares Outstanding | 10.96M | 8.5M | 10.96M |
| Basic Shares Outstanding | 10.96M | 8.5M | 10.96M |
| Dividend Payout Ratio | - | - | - |
Liquidation and capital exhaustion
As indicated by the company's financial disclosures, Charlton Aria Acquisition Corporation has reported zero revenue across all observed periods, which is consistent with its status as a pre-merger shell entity that lacks any operational business segments or recurring income streams to support its ongoing public listing costs.
The absence of revenue is a structural feature of the SPAC model rather than an operational failure, yet it underscores the total reliance on external capital infusions. Investors should monitor the lack of top-line development as a primary indicator that the company remains in the search phase of its lifecycle.
Based on the provided income statement data, the company's SG&A expenses have fluctuated significantly, reaching $86.6K in 2026Q1, which highlights the persistent burden of maintaining regulatory compliance and professional service fees in the absence of any offsetting revenue or internal cash-generating activities for the firm.
The volatility in SG&A suggests that administrative costs are likely driven by episodic legal and accounting requirements related to potential deal sourcing. This cost structure appears unsustainable without continued sponsor support, as the firm lacks the internal scale to absorb these fixed expenses.
According to recent financial filings, the company reported net income figures such as $699.9K in 2026Q1 despite having zero revenue, which suggests that these earnings are driven by non-operating adjustments or fair-value accounting rather than any underlying operational profitability or core business performance metrics.
The disconnect between negative operating income and positive net income indicates that investors should exercise caution when interpreting bottom-line results. These figures appear to be heavily influenced by warrant liability revaluations, which do not reflect the actual cash-generating potential of the entity.
As reported in the latest balance sheet data, the company's cash position of only $5,135 raises significant concerns regarding its ability to fund the due diligence and transaction costs necessary to secure a viable merger target before the mandatory liquidation deadline approaches for the shell vehicle.
This minimal liquidity suggests that the company may be forced into dilutive financing arrangements or may face pressure to accept a sub-optimal merger to avoid total capital exhaustion. The current cash level appears insufficient for a robust search process, warranting further investigation into the sponsor's commitment.
Quick answers to the most common questions about buying CHAR stock.
Charlton Aria Acquisition Corporation (CHAR) is profitable, generating $3.0M in net income for the fiscal year ending 2025.