What happened to sales?
Revenue is not available for this period. Missing revenue is not treated as zero.
Revenue: Not availableUSD million
Inspect the source figures →IRHO / Nasdaq
Iron Horse Acquisition II Corp.
Services-Business Services, NEC
How recent is this information?
Last filing-list check: 17/10/2026 09:15:59
Financial figures downloaded: 17/10/2026 09:15:59
Latest quarter available: 2026-08-31 · Latest annual period: 2025-11-30
Latest financial filing listed: 10-Q · Filed on 2026-10-09 · Period end 2026-08-31
Check and download times use Bangkok time (UTC+7). Filing and period dates are dates reported by the source. A recent check does not mean new figures were published.
Choose the analysis period
TTM sums four consecutive quarters. It is not the latest quarter multiplied by four. Balance-sheet figures come from the latest period end.
THE REPORT IN PLAIN LANGUAGE
Understand this company in one minute
Some figures are available. Important gaps still limit the screening result.
Automatically prepared from the selected report and the published screening rules. It is not an expert review or a buy/sell recommendation.
Did profit turn into operating cash?
The report shows both a net loss and cash used in operations. This describes the reporting period; it does not establish when or whether the company will fail.
Net income: -0.20Operating cash flow: -0.14USD million
Inspect the source figures →How large are the obligations?
Total liabilities or a positive asset base is missing, so this ratio cannot be calculated.
Total liabilities: Not availableTotal assets: 0.36USD million
Inspect the source figures →Screening inputs still unavailable: Liabilities relative to assets · Net profit margin · Operating cash margin · Year-on-year revenue change
Figures describe the selected reporting period. Input coverage is not forecast confidence, and neither this summary nor the score predicts a crisis year or bankruptcy probability.
How company analysis works ↗See the financial direction
Read revenue, net income and operating cash over time. Tap or focus a point to inspect its date and value.
Annual reporting periods
Revenue
USD million
No usable values for this series.
Net income
USD million
2025-11-30 · -0.20 USD million
Operating cash flow
USD million
2025-11-30 · -0.14 USD million
View the exact values used in these charts
| Period end | RevenueUSD million | Net incomeUSD million | Operating cash flowUSD million |
|---|---|---|---|
| 2025-11-30 | Not available | -0.20 | -0.14 |
Each chart has its own vertical scale, in USD million. Compare the numbers, not the heights across different charts. Lines break at missing values or unusually long reporting gaps. A single point does not establish a trend.
Explore the quarterly pattern
These are standalone quarter figures, separate from the annual or TTM totals above. Seasonal differences can be substantial.
Revenue
USD million
No usable values for this series.
Net income
USD million
2026-08-31 · 1.88 USD million
Operating cash flow
USD million
2026-08-31 · 0.21 USD million
View the exact values used in these charts
| Period end | RevenueUSD million | Net incomeUSD million | Operating cash flowUSD million |
|---|---|---|---|
| 2026-02-28 | Not available | 1.36 | -0.47 |
| 2026-05-31 | Not available | 1.30 | -0.67 |
| 2026-08-31 | Not available | 1.88 | 0.21 |
Charts show available historical reports, not future forecasts. Filings may contain restatements or accounting changes; inspect the evidence before drawing conclusions.
FINANCIAL PRESSURE This is a rule-based screening score from accounting ratios. It is not a probability, stock rating, or forecast of a crisis year.?
Not assessed
Lower scores mean lower pressure under these screening rules.
Analysis period: 2024-12-01 → 2025-11-30
Filed on: 2026-02-13 · 10-K
Weighted data coverage: 20% Coverage is the sum of weights for available screening inputs. At least 80% and a known eligible industry are required for a score. Coverage is not forecast confidence.?
Refreshed on: 2026-10-17 · Reported figures can lag current conditions.
Open the latest filing used ↗Score withheld: Too many screening inputs are missing. Missing values are not treated as zero.
Revenue Money earned from selling goods and services before expenses. It is not profit.?
Net income Profit or loss after the expenses included in the annual statement. Accounting profit can differ from cash received.?
Operating cash flow Cash generated or used by ordinary operations during the year. Negative values mean operations consumed cash.?
Cash and cash equivalents Cash and cash equivalents at the selected period end. It does not include every investment or credit facility.?
What deserves attention
Current ratio ?
Current assets divided by current liabilities. A lower value can indicate tighter short-term liquidity, but business models differ.
0.0×?
Current assets divided by current liabilities. A lower value can indicate tighter short-term liquidity, but business models differ.
This input adds substantial pressure
Liabilities to assets ?
Total liabilities divided by total assets. Liabilities include more than interest-bearing debt.
Not available?
Total liabilities divided by total assets. Liabilities include more than interest-bearing debt.
Not enough data for this input
Net profit margin ?
Annual net income divided by annual revenue. A negative value means the company reported a net loss.
Not available?
Annual net income divided by annual revenue. A negative value means the company reported a net loss.
Not enough data for this input
Operating cash margin ?
Annual operating cash flow divided by annual revenue. It shows how sales translate into operating cash.
Not available?
Annual operating cash flow divided by annual revenue. It shows how sales translate into operating cash.
Not enough data for this input
Annual revenue growth ?
Revenue change against the previous consecutive annual period. Gaps in reporting are not treated as one-year growth.
Not available?
Revenue change against the previous consecutive annual period. Gaps in reporting are not treated as one-year growth.
Not enough data for this input
These signals describe the reported period; thresholds are screening assumptions and have not been validated as default probabilities.
If sales fall, what happens to cash? ?
This one-year sensitivity test subtracts the unoffset part of lost sales and extra interest from reported operating cash flow. It is not a full cash-flow forecast and has no assigned probability.
?
This one-year sensitivity test subtracts the unoffset part of lost sales and extra interest from reported operating cash flow. It is not a full cash-flow forecast and has no assigned probability.
Change the assumptions to see the sensitivity. This is a hypothetical scenario, not a prediction.
This cash stress test is unavailable because the sector, data age, or necessary financial inputs are not suitable.
Annual track record
USD million. Each row comes from its own annual filing; later restatements may differ.
| Period end | Revenue | Net income | Operating cash flow | Free cash flow proxy ?Operating cash flow minus reported purchases of property, plant, and equipment. Missing capital expenditure stays missing, not zero. This is a simplified measure. | Source |
|---|---|---|---|---|---|
| 2025-11-30 | Not available | -0.20 | -0.14 | Not available | 10-K ↗ |
Connect this with the wider economy
The exchange is a starting point, not the company sales footprint. Revenue exposure by country is not yet available, so country scores are not automatically converted into company risk.
Explore the US economic context ↗What this analysis cannot tell you yet
It does not identify a crisis year or assign a bankruptcy probability. Debt maturity schedules, geographic revenue exposure, current prices, and valuation are not yet included.
Inspect the numbers and evidence
Values below are in USD million and refer to the selected analysis period. Missing figures remain unavailable.
Source reports use technical accounting codes without spaces. Read the label here, or expand the original code to cross-check the filing. Display labels do not change the reported figures.
| Financial item | Value | Source concept | Calculation and evidence |
|---|---|---|---|
| Revenue | Not available | — | — |
| Net income | -0.20 | Net income (loss)Original source codeNetIncomeLoss | View calculation sources+ -0.20 · 2024-12-01 → 2025-11-30 · Filed on 2026-02-13 ↗ |
| Operating cash flow | -0.14 | Net cash from (used in) operating activitiesOriginal source codeNetCashProvidedByUsedInOperatingActivities | View calculation sources+ -0.14 · 2024-12-01 → 2025-11-30 · Filed on 2026-02-13 ↗ |
| Capital expenditure | Not available | — | — |
| Total assets | 0.36 | Total assetsOriginal source codeAssets | View calculation sources+ 0.36 · Period end → 2025-11-30 · Filed on 2026-02-13 ↗ |
| Total liabilities | Not available | — | — |
| Shareholders equity | -0.17 | Stockholders’ equityOriginal source codeStockholdersEquity | View calculation sources+ -0.17 · Period end → 2025-11-30 · Filed on 2026-02-13 ↗ |
| Current assets | 0.03 | Current assetsOriginal source codeAssetsCurrent | View calculation sources+ 0.03 · Period end → 2025-11-30 · Filed on 2026-02-13 ↗ |
| Current liabilities | 0.54 | Current liabilitiesOriginal source codeLiabilitiesCurrent | View calculation sources+ 0.54 · Period end → 2025-11-30 · Filed on 2026-02-13 ↗ |
| Cash and cash equivalents | Not available | — | — |
| Operating income | -0.20 | Operating income (loss)Original source codeOperatingIncomeLoss | View calculation sources+ -0.20 · 2024-12-01 → 2025-11-30 · Filed on 2026-02-13 ↗ |
| Interest expense | Not available | — | — |
Quarterly financial history
Each row is one quarter in USD million. Where necessary, cumulative cash flows are subtracted to obtain the standalone quarter.
| Quarter period | Revenue | Net income | Operating cash flow | Calculation and evidence |
|---|---|---|---|---|
| 2026-06-01 → 2026-08-31 | Not available | 1.88 | 0.21 | View calculation sourcesRevenue: Not available Net income: Reported quarter figure + 1.88 · 2026-06-01 → 2026-08-31 · Filed on 2026-10-09 ↗ Operating cash flow: Difference of cumulative figures + -0.93 · 2025-12-01 → 2026-08-31 · Filed on 2026-10-09 ↗ − -1.14 · 2025-12-01 → 2026-05-31 · Filed on 2026-07-13 ↗ |
| 2026-03-01 → 2026-05-31 | Not available | 1.30 | -0.67 | View calculation sourcesRevenue: Not available Net income: Reported quarter figure + 1.30 · 2026-03-01 → 2026-05-31 · Filed on 2026-07-13 ↗ Operating cash flow: Difference of cumulative figures + -1.14 · 2025-12-01 → 2026-05-31 · Filed on 2026-07-13 ↗ − -0.47 · 2025-12-01 → 2026-02-28 · Filed on 2026-04-02 ↗ |
| 2025-12-01 → 2026-02-28 | Not available | 1.36 | -0.47 | View calculation sourcesRevenue: Not available Net income: Reported quarter figure + 1.36 · 2025-12-01 → 2026-02-28 · Filed on 2026-04-02 ↗ Operating cash flow: Reported quarter figure + -0.47 · 2025-12-01 → 2026-02-28 · Filed on 2026-04-02 ↗ |