Real Asset Acquisition Corp.

RAAQdata completeness 50%1 fiscal years on file

Data notes: no data for concept 'revenue'; no data for concept 'capex'; no data for concept 'totalDebt'; no data for concept 'dilutedShares'; no data for concept 'epsDiluted'; no data for concept 'interestExpense'; no data for concept 'incomeTaxExpense'; no data for concept 'pretaxIncome'

i. The business — what you’d actually own
FigureFY 2025
Revenue
Net income$4.25M1
Operating cash flow$14,8332
Capital expenditure
Free cash flow (derived)
Total debt
Cash & equivalents$1.08M3
Diluted shares

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

iii. Is this a good business?
Moat signal · return on equity
avg · 1y

Not enough data in the filings for a return-on-capital reading.

seeing a moat in the numbers →
Management signal · capital allocation
shares · 1y

Not enough history to read capital allocation.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth —

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2025-12-31 · accession 0001213900-26-022507 (NetIncomeLoss)
  2. 10-K · period ending 2025-12-31 · accession 0001213900-26-022507 (NetCashProvidedByUsedInOperatingActivities)
  3. 10-K · period ending 2025-12-31 · accession 0001213900-26-022507 (CashAndCashEquivalentsAtCarryingValue)