FSHP

Flag Ship Acquisition Corp
—

Company Information

Company Name
Flag Ship Acquisition Corp
CIK
CIK0001850059
Category
<br>Emerging growth company
Ticker: Exchange
FSHP: Nasdaq, FSHPU: Nasdaq, FSHPR: Nasdaq
Fiscal Year End
December 31
Owner Organization
05 Real Estate & Construction
SIC
6770
SIC Description
Blank Checks
Ticker
FSHP

SEC filing data through

Insider Sentiment

Last purchase
2024-06-20
Last sale
2026-08-17
Shares purchased (TTM)
0
Shares sold (TTM)
85,000
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
1,929,698
Shares outstanding
1,963,000
Ownership
98.30%
-197.67% Y/Y

Earnings Market Reaction

Filing date
2026-08-14
Price on filing date
—
1-month reaction
1.74%
3-month reaction
…
Drift continued5/6 (83%)
Faded / reversed1/6 (17%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets
Cash000000000
Assets Current
Assets Current000000000
Prepaid Expense And Other Assets00-0-----
Assets Held In Trust Noncurrent343333337272717069
Assets343333337272717069
Liabilities Current
Accrued Liabilities Current000000000
Liabilities Current1921111100
Deferred Compensation Liability Classified Noncurrent22-2-----
Liabilities2133333222
Temporary Equity Value Excluding Additional Paid In Capital173333337272717069
Common Stock Value000000000
Retained Earnings Accumulated Deficit-4-3-3-3-3-2-2-2-2
Stockholders Equity-4-3-3-3-3-2-2-2-2
Liabilities And Stockholders Equity343333337272717069
Temporary Equity Shares Issued233377777
Temporary Equity Shares Outstanding233377777
Temporary Equity Par Or Stated Value Per Share11.1510.9210.8010.6410.4810.3710.2610.1410.01
Common Stock Par Or Stated Value Per Share0.000.000.000.000.000.000.000.000.00
Common Stock Shares Authorized505050505050505050
Common Stock Shares Issued222222222
Shares Outstanding222222222

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Flag Ship Acquisition Corp (FSHP) — SEC Financial Statements & Analysis

Flag Ship Acquisition Corp (FSHP) is a blank checks company. Flag Ship Acquisition Corp trades on Nasdaq as: FSHP, FSHPU, FSHPR. Flag Ship Acquisition Corp (FSHP)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-14. Based on that filing, Flag Ship Acquisition Corp carries a market cap of $22.01M, a P/E ratio of 21.87x, a P/B ratio of -5.81x, an enterprise value of $22.00M, and an EV/EBITDA multiple of 21.86x. On profitability, it posts a Return on Equity (ROE) of -31.62% and a Return on Assets (ROA) of 1.89%. Per share, it reports EPS of $0.51, diluted EPS of $0.51, free cash flow per share of $-0.22, and a dividend per share of $0.00. Over the trailing year, it posted net income growth of -51.08% year-over-year and EPS growth of -51.08% year-over-year. On the balance sheet, it maintains a current ratio of 0.00x, a quick ratio of 0.00x, working capital of $-18.74M, a debt-to-equity ratio of -5.42x, a debt ratio of 0.6, free cash flow of $-429.98K (TTM), and net debt of $-1.30K. Figures sourced from SEC EDGAR.

Market Cap
$22.01M
P/E TTM
21.87x
EPS TTM
$0.51
P/B TTM
-5.81x
ROE TTM
-31.62%
ROA TTM
1.89%
Debt To Equity
-5.42x
Free Cash Flow TTM
$-429.98K

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Flag Ship Acquisition Corp in?

Flag Ship Acquisition Corp (FSHP) operates in the Blank Checks industry.

What exchange does FSHP trade on?

Flag Ship Acquisition Corp (FSHP) trades on the Nasdaq.

When was Flag Ship Acquisition Corp (FSHP)'s most recent SEC filing?

Flag Ship Acquisition Corp (FSHP)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-14.

What is FSHP's market cap?

Flag Ship Acquisition Corp (FSHP) has a market capitalization of $22.01M as of 2026-06-30.

What is FSHP's P/E ratio?

Flag Ship Acquisition Corp (FSHP)'s trailing twelve month P/E ratio is 21.87x as of 2026-06-30.

What is FSHP's EPS (earnings per share)?

Flag Ship Acquisition Corp (FSHP)'s trailing twelve month EPS is $0.51 as of 2026-06-30.

What is FSHP's ROE (return on equity)?

Flag Ship Acquisition Corp (FSHP)'s trailing twelve month Return on Equity (ROE) is -31.62% as of 2026-06-30.

What is FSHP's ROA (return on assets)?

Flag Ship Acquisition Corp (FSHP)'s trailing twelve month Return on Assets (ROA) is 1.89% as of 2026-06-30.

What is FSHP's EV/EBITDA?

Flag Ship Acquisition Corp (FSHP)'s trailing twelve month EV/EBITDA is 21.86x as of 2026-06-30.

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