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RF Acquisition Corp II Ordinary Shares(RFAI)Earnings, Financials & Key Ratios
RFAI•NASDAQ•Banking & Credit
$10.93
$122M mkt cap·52.0× P/E·Price updated May 7, 2026
SectorFinancial ServicesIndustrySPACs & Shell CompaniesSub-IndustryTechnology and software focused SPACs
AboutRF Acquisition Corp II does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for a business combination on target businesses in the technology sector, including artificial intelligence, quantum computing, and biotechnology in Asia. The company was incorporated in 2024 and is based in Singapore.Show more
- Net Interest Income$4M
- Total Revenue$0
- Net Income$3M
- Return on Equity2.73%
- Net Interest Margin2.93%
- ROA2.63%
- Equity / Assets96.4%
- Book Value per Share10.36
- Tangible BV/Share10.36
RFAI Key Insights
RF Acquisition Corp II Ordinary Shares (RFAI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Well capitalized: 96.4% equity/assets
- ✓Trading near 52-week high
- ✓Trading at only 1.1x book value
✗Weaknesses
- ✗Weak 3Y average ROE of 2.7%
- ✗Weak Piotroski F-Score: 3/9
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
RFAI Price & Volume
RF Acquisition Corp II Ordinary Shares (RFAI) stock price & volume — 10-year historical chart
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RFAI Growth Metrics
RF Acquisition Corp II Ordinary Shares (RFAI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
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Profit CAGR
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EPS CAGR
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Return on Capital
10 Years-0.33%
5 Years-0.33%
3 Years-0.33%
Last Year-0.33%
RFAI Peer Comparison
RF Acquisition Corp II Ordinary Shares (RFAI) competitors in Technology and software focused SPACs — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 PSFE | 485.24M | 9.39 | -2.99 | -0.2% | -10.73% | -24.06% | 4.06 | |
 ACIC | 524.52M | 10.85 | 5.05 | 13.07% | 31.88% | 35.67% | 0.48 | |
 TPVG | 242.54M | 5.99 | 4.91 | 36.55% | -3.39% | 1.33 | ||
 GS | 287.62B | 925.87 | 22.84 | 17% | 12.59% | 5.06 | ||
 MS | 302.59B | 190.18 | 23.92 | 16.83% | 14.57% | 3.42 | ||
 JPM | 825.89B | 306.32 | 15.51 | 14.61% | 16.11% | 2.18 | ||
 EVR | 13.11B | 331.04 | 23.56 | 29.49% | 29.32% | 0.50 | ||
 LAZ | 4.36B | 46.44 | 21.40 | 3.25% | 26.7% | 2.61 |
Compare RFAI vs Peers
RF Acquisition Corp II Ordinary Shares (RFAI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
RFAI Income Statement
RF Acquisition Corp II Ordinary Shares (RFAI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'24 | TTM |
|---|---|---|
| Net Interest Income | 3.52M | 3.5M |
| NII Growth % | - | -8.47% |
| Net Interest Margin % | 2.93% | 2.84% |
| Interest Income | 3.52M | 3.5M |
| Interest Expense | 0 | 0 |
| Loan Loss Provision | 0 | 0 |
| Non-Interest Income | -3.52M | -3.5M |
| Non-Interest Income % | - | - |
| Total Revenue | 0▲ 0% | 0▲ 0% |
| Revenue Growth % | - | 0% |
| Non-Interest Expense | 270.73K | 529.59K |
| Efficiency Ratio | - | - |
| Operating Income | -394.69K▲ 0% | -700.75K▲ 0% |
| Operating Margin % | - | - |
| Operating Income Growth % | - | - |
| Pretax Income | 3.44M▲ 0% | 4.09M▲ 0% |
| Pretax Margin % | - | - |
| Income Tax | 0 | 0 |
| Effective Tax Rate % | 0% | 0% |
| Net Income | 3.16M▲ 0% | 4.09M▲ 0% |
| Net Margin % | - | - |
| Net Income Growth % | - | - |
| Net Income (Continuing) | 3.16M | 4.09M |
| EPS (Diluted) | 0.21▲ 0% | 0.36▲ 0% |
| EPS Growth % | - | - |
| EPS (Basic) | 0.21 | - |
| Diluted Shares Outstanding | 11.18M | 11.5M |
RFAI Balance Sheet
RF Acquisition Corp II Ordinary Shares (RFAI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'24 | TTM |
|---|---|---|
| Cash & Short Term Investments | 958.79K | 2.96M |
| Cash & Due from Banks | 958.79K | 562.23K |
| Short Term Investments | 0 | 0 |
| Total Investments | 87.3M | 0 |
| Investments Growth % | - | 6947500.75% |
| Long-Term Investments | 87.3M | 272.29M |
| Accounts Receivables | 0 | 0 |
| Goodwill & Intangibles | 0 | 0 |
| Goodwill | 0 | 0 |
| Intangible Assets | 0 | 0 |
| PP&E (Net) | 0 | 0 |
| Other Assets | 31.79M | 122.87M |
| Total Current Assets | 984.41K | 591.34K |
| Total Non-Current Assets | 119.09M | 122.87M |
| Total Assets | 120.08M▲ 0% | 123.46M▲ 0% |
| Asset Growth % | - | 54542.44% |
| Return on Assets (ROA) | 2.63% | 3.31% |
| Accounts Payable | 0 | 0 |
| Total Debt | 0 | 0 |
| Net Debt | -958.79K | -562.23K |
| Long-Term Debt | 0 | 0 |
| Short-Term Debt | 0 | 0 |
| Other Liabilities | 4.03M | 4.03M |
| Total Current Liabilities | 295.2K | 526.76K |
| Total Non-Current Liabilities | 4.03M | 4.03M |
| Total Liabilities | 4.32M | 4.55M |
| Total Equity | 115.76M▲ 0% | -3.96M▲ 0% |
| Equity Growth % | - | 467977.79% |
| Equity / Assets (Capital Ratio) | 96.4% | -3.21% |
| Return on Equity (ROE) | 2.73% | 4.72% |
| Book Value per Share | 10.36 | -0.34 |
| Tangible BV per Share | 10.36 | -0.34 |
| Common Stock | 119.09M | 122.87M |
| Additional Paid-in Capital | 0 | 0 |
| Retained Earnings | -2.45M | -3.96M |
| Accumulated OCI | 0 | 0 |
| Treasury Stock | 0 | 0 |
| Preferred Stock | 0 | 0 |
RFAI Cash Flow Statement
RF Acquisition Corp II Ordinary Shares (RFAI) cash flow — operating, investing & free cash flow history
| Line item | Dec'24 | TTM |
|---|---|---|
| Cash from Operations | -89.5K | -89.5K |
| Operating CF Growth % | - | -659.82% |
| Net Income | 3.16M | 4.09M |
| Depreciation & Amortization | 0 | 0 |
| Deferred Taxes | 0 | 0 |
| Other Non-Cash Items | -3.46M | -4.62M |
| Working Capital Changes | 215.68K | 117.25K |
| Cash from Investing | -115.58M | 811.08K |
| Purchase of Investments | -86.48M | 811.08K |
| Sale/Maturity of Investments | 0 | 0 |
| Net Investment Activity | -86.48M | 811.08K |
| Acquisitions | 0 | 0 |
| Other Investing | -29.09M | 0 |
| Cash from Financing | 116.62M | -818.43K |
| Dividends Paid | 0 | 0 |
| Share Repurchases | 0 | 0 |
| Stock Issued | 117.08M | -818.11K |
| Net Stock Activity | 117.08M | -818.11K |
| Debt Issuance (Net) | 0 | 0 |
| Other Financing | -453.45K | -318 |
| Net Change in Cash | 958.79K▲ 0% | -463.05K▲ 0% |
| Exchange Rate Effect | 0 | -38.95K |
| Cash at Beginning | 0 | 626.32K |
| Cash at End | 958.79K | 562.23K |
| Interest Paid | 0 | 0 |
| Income Taxes Paid | 0 | 0 |
| Free Cash Flow | -89.5K▲ 0% | -396.56K▲ 0% |
| FCF Growth % | - | - |
RFAI Banking Ratios
RF Acquisition Corp II Ordinary Shares (RFAI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | TTM |
|---|---|
| Return on Equity (ROE) | 4.72% |
| Return on Assets (ROA) | 3.31% |
| Net Interest Margin | 2.84% |
| Equity / Assets | -3.21% |
| Book Value / Share | -0.34 |
| Dividend Payout | 0% |
RFAI SEC Filings & Documents
RF Acquisition Corp II Ordinary Shares (RFAI) SEC filings — annual & quarterly reports (10-K, 10-Q)
RFAI Frequently Asked Questions
RF Acquisition Corp II Ordinary Shares (RFAI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
RF Acquisition Corp II Ordinary Shares (RFAI) grew revenue by 0.0% over the past year. Growth has been modest.
Yes, RF Acquisition Corp II Ordinary Shares (RFAI) is profitable, generating $4.1M in net income for fiscal year 2024.
Dividend & Returns
RF Acquisition Corp II Ordinary Shares (RFAI) has a return on equity (ROE) of 2.7%. This is below average, suggesting room for improvement.
Industry Metrics
RF Acquisition Corp II Ordinary Shares (RFAI) has a net interest margin (NIM) of 2.9%. NIM has been under pressure due to interest rate environment.
RF Acquisition Corp II Ordinary Shares (RFAI) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.
Explore More RFAI
RF Acquisition Corp II Ordinary Shares (RFAI) financial analysis — history, returns, DCA and operating performance tools
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