Spinnova Plc (SPNV)
Supernova Partners Acquisition Company, Inc. aims to complete various types of business combinations, including mergers, stock exchanges, asset acquisitions, share purchases, or corporate reorganizations, by partnering with one or more other companies. This firm was established in 2020 and maintains its principal office in Washington, D.C.
Sector: Miscellaneous Fabricated Textile Products
Industry: Shell Companies
Supernova Partners Acquisition Company, Inc.
NYSE:SPNVFinancial Services · Shell Companies
Mkt Cap-
Float69.05M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$567.81M
Net Income-$46.38M
Total Assets$154.77M
Free Cash Flow$65.73M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$38.22M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitDec 20, 201910 shares → 1
Balance Sheet Details
Assets$154.77M
Liabilities$116.55M
Accounts Receivable$7.94M
Accounts Payable$1.67M
Inventory$93.79M
PP&E (Net)$14.67M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Revenue | $567.81M | $918.82M |
| YoY Growth | -38.2% | - |
| Cost of Revenue | $525.77M | $846.62M |
| Gross Profit | $42.04M | $72.19M |
| Gross Margin | 7.4% | 7.9% |
| Research and Development | $3.4M | $4.52M |
| Selling, General, and Administrative | $72.03M | $113.71M |
| Other | $0 | $0 |
| Total Operating Expenses | $75.43M | $118.24M |
| Operating Income (EBIT) | -$33.39M | -$46.04M |
| Operating Margin | -5.9% | -5.0% |
| Interest Expense | $13.4M | -$18.68M |
| Interest Income | $0 | $0 |
| Other Income (Expense) | -$12.55M | -$16.09M |
| Income Before Tax (EBT) | -$45.94M | -$62.13M |
| Income Tax Expense | $441K | $31K |
| Net Income | -$46.38M | -$62.16M |
| Net Income Margin | -8.2% | -6.8% |
| Supplementary Data | ||
| EPS | -1.50 | -2.27 |
| Diluted EPS | -1.50 | -2.27 |
| Weighted Average OS | 37.22M | 27.41M |
| EBITDA | $979K | -$80.2M |
| EBITDA Margin | 0.2% | -8.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2020 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2020-12-31 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $26.54M | $43.02M | $1.08M |
| Short-Term Investments | $0 | $0 | $0 |
| Cash and Short-Term Investments | $26.54M | $43.02M | $1.08M |
| Accounts Receivable | $7.94M | $3.85M | $0 |
| Inventory | $93.79M | $214.17M | $0 |
| Other Current Assets | $3.42M | $33.17M | $406K |
| Total Current Assets | $131.69M | $294.21M | $1.49M |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $14.67M | $9.13M | $0 |
| Goodwill | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 |
| Other Long-Term Assets | $8.4M | $9.71M | $402.58M |
| Total Long-Term Assets | $23.08M | $18.84M | $402.58M |
| Other Assets | $0 | $0 | $0 |
| Total Assets | $154.77M | $313.05M | $404.06M |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $1.67M | $1.92M | $39K |
| Short-Term Debt | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $66K |
| Current Unearned Revenue | $0 | $0 | $0 |
| Other Current Liabilities | $87.14M | $249.04M | $281K |
| Total Current Liabilities | $88.8M | $250.97M | $320K |
| Long-Term Liabilities | |||
| Long-Term Debt | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 |
| Other Long-Term Liabilities | $27.75M | $14.44M | $14.19M |
| Total Long-Term Liabilities | $27.75M | $14.44M | $14.19M |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $116.55M | $265.4M | $14.51M |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $0 | $0 |
| Common Stock | $4K | $3K | $384.56M |
| Retained Earnings | -$506.43M | -$460.05M | -$217K |
| Comprehensive Income & Other | $0 | $0 | $0 |
| Other Stockholders' Equity | $544.64M | $507.7M | $5.22M |
| Total Equity | $38.22M | $47.65M | $389.56M |
| Minority Interest | $0 | $0 | $0 |
| Total Liabilities and Equity | $154.77M | $313.05M | $404.06M |
| Supplementary Data | |||
| Total Debt | $0 | $0 | $0 |
| Net Debt | -$26.54M | -$43.02M | -$1.08M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Operating Activities | ||
| Net Income | -$46.38M | -$62.16M |
| Depreciation & Amortization | $979K | $611K |
| Deferred Income Tax | $0 | $0 |
| Stock-Based Compensation | $2.83M | $8.08M |
| Changes in Working Capital: | ||
| Accounts Receivable | -$4.09M | $6.09M |
| Inventory | $5.35M | $4.47M |
| Accounts Payable | -$255K | -$3.02M |
| Other Working Capital | $0 | $0 |
| Total Working Capital Change | $0 | $0 |
| Other Non-Cash Items | $109.39M | $74.3M |
| Net Cash from Operating | $66.81M | $20.83M |
| Investing Activities | ||
| Capital Expenditures | -$1.08M | -$5.41M |
| Acquisitions | $0 | $0 |
| Purchases of Investments | $0 | $0 |
| Sales of Investments | $0 | $0 |
| Other Investing Activities | $19K | $82K |
| Net Cash from Investing | -$1.06M | -$5.33M |
| Financing Activities | ||
| Debt Repaid | - | - |
| Common Stock Issuance | $0 | $0 |
| Common Stock Repurchases | $0 | $0 |
| Dividends Paid | $0 | $0 |
| Other Financing Activities | -$111.21M | -$21.82M |
| Net Cash from Financing | -$111.21M | -$21.82M |
| Forex Effect | $0 | $0 |
| Net Change in Cash | -$45.46M | -$6.31M |
| Supplementary Data | ||
| Operating Cash Flow | $66.81M | $20.83M |
| Capital Expenditure | -$1.08M | -$5.41M |
| Free Cash Flow | $65.73M | $15.43M |
| Cash at Beginning | $73.63M | $79.93M |
| Cash at End | $28.17M | $73.63M |