What is DHC Acquisition's operating income?

DHC Acquisition's total operating income in 2025 was -$12.63 million, based on the following breakdown: Total Gross Profit: $275.12 thousand Total Operating Expenses: $12.90 million

DHC Acquisition (DHCAW) Financials

$0.15 +0.02 (+13.22%)

As of 07/15/2026

Compare

Annual Income Statements for DHC Acquisition

This table shows DHC Acquisition's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	5.08	7.21	-12	-34	-8.63
Consolidated Net Income / (Loss)	5.08	7.21	-12	-34	-8.63
Net Income / (Loss) Continuing Operations	5.08	7.21	-12	-34	-8.63
Total Pre-Tax Income	5.08	7.21	-12	-34	-8.63
Total Operating Income	-2.31	-5.39	-12	-36	-13
Total Gross Profit	0.00	0.00	0.04	0.10	0.28
Total Revenue	0.00	0.00	0.04	0.10	0.28
Operating Revenue	-	-	0.04	0.10	0.28
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	2.31	5.39	12	37	13
Selling, General & Admin Expense	-	-	11	19	8.87
Research & Development Expense	-	-	0.24	1.13	0.16
Depreciation Expense	-	-	0.64	2.73	3.87
Impairment Charge	-	-	0.00	13	0.00
Total Other Income / (Expense), net	7.39	13	-0.01	2.96	4.00
Interest Expense	-	-	0.00	-1.95	-3.78
Other Income / (Expense), net	7.39	8.14	0.00	1.02	0.22
Income Tax Expense	-	-	0.00	0.00	0.00
Basic Earnings per Share	$0.30	$0.57	($0.57)	($10.25)	($1.97)
Weighted Average Basic Shares Outstanding	33.38M	69.63M	20.64M	3.29M	4.38M
Diluted Earnings per Share	$0.30	$0.38	($0.57)	($10.25)	($1.97)
Weighted Average Diluted Shares Outstanding	33.38M	69.63M	20.64M	3.29M	4.38M

This table shows DHC Acquisition's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-2.58	-3.40	-6.88	-3.05	-5.82	-18	-3.61	0.91	-2.48	-3.44	-3.06
Consolidated Net Income / (Loss)	-2.58	-3.40	-6.88	-3.05	-5.82	-18	-3.61	0.91	-2.48	-3.44	-3.06
Net Income / (Loss) Continuing Operations	-2.58	-3.40	-6.88	-3.05	-5.82	-18	-3.61	0.91	-2.48	-3.44	-3.06
Total Pre-Tax Income	-2.58	-3.40	-6.88	-3.05	-5.82	-18	-3.61	0.91	-2.48	-3.44	-3.01
Total Operating Income	-2.57	-3.40	-6.80	-6.29	-5.28	-18	-4.15	-2.83	-2.32	-3.33	-3.33
Total Gross Profit	0.00	0.04	0.05	0.00	0.05	-	0.01	0.01	0.06	0.20	0.10
Total Revenue	0.00	0.04	0.05	0.00	0.05	-	0.01	0.01	0.06	0.20	0.10
Operating Revenue	0.00	0.04	0.05	0.00	0.05	-	0.01	0.01	0.06	0.20	0.10
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	2.57	3.43	6.85	6.29	5.33	18	4.16	2.83	2.38	3.53	3.44
Selling, General & Admin Expense	2.28	3.16	6.48	5.26	4.20	3.30	3.21	1.85	1.45	2.36	2.36
Research & Development Expense	0.08	0.08	0.25	0.36	0.15	0.37	0.01	0.01	-0.00	0.15	0.03
Depreciation Expense	0.21	0.19	0.12	0.68	0.97	0.96	0.94	0.97	0.93	1.02	1.05
Total Other Income / (Expense), net	-0.01	0.04	-0.06	3.26	-0.53	0.29	0.54	3.73	-0.17	-0.11	0.32
Interest Expense	0.03	-0.03	-	-1.85	-0.10	-	0.13	-3.94	0.39	-0.36	-0.03
Other Income / (Expense), net	0.02	0.01	-0.06	1.41	-0.62	0.29	0.67	-0.21	0.23	-0.47	0.29
Income Tax Expense	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.05
Basic Earnings per Share	($0.12)	($0.15)	($0.27)	($0.09)	($0.16)	($5.46)	($0.90)	$0.02	($0.06)	($0.79)	($0.51)
Weighted Average Basic Shares Outstanding	22.41M	20.64M	25.23M	33.99M	35.54M	3.29M	4.01M	42.17M	42.17M	4.38M	5.97M
Diluted Earnings per Share	($0.12)	($0.15)	($0.27)	($0.09)	($0.16)	($5.46)	($0.90)	$0.02	($0.06)	($0.79)	($0.51)
Weighted Average Diluted Shares Outstanding	22.41M	20.64M	25.23M	33.99M	35.54M	3.29M	4.01M	42.17M	42.17M	4.38M	5.97M
Weighted Average Basic & Diluted Shares Outstanding	12.38M	33.30M	33.32M	35.96M	37.93M	42.27M	42.99M	-	44.88M	0.00	6.51M

This table details how cash moves in and out of DHC Acquisition's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	0.86	-0.65	1.68	-1.54	0.02
Net Cash From Operating Activities	-1.65	-0.65	-5.05	-14	-5.09
Net Cash From Continuing Operating Activities	-1.65	-0.65	-5.05	-14	-5.09
Net Income / (Loss) Continuing Operations	5.08	7.21	-12	-34	-8.63
Consolidated Net Income / (Loss)	5.08	7.21	-12	-34	-8.63
Depreciation Expense	-	-	0.64	2.73	3.87
Amortization Expense	-	-	-	0.00	0.23
Non-Cash Adjustments To Reconcile Net Income	-7.39	-13	4.90	14	-3.54
Changes in Operating Assets and Liabilities, net	0.66	4.74	1.14	2.47	2.98
Net Cash From Investing Activities	-309	0.00	-1.14	-0.28	-0.02
Net Cash From Continuing Investing Activities	-309	0.00	-1.14	-0.28	-0.02
Purchase of Property, Plant & Equipment	-	-	-0.50	-0.05	-0.02
Acquisitions	-	-	-0.64	-0.23	0.00
Net Cash From Financing Activities	312	0.00	7.88	13	5.13
Net Cash From Continuing Financing Activities	312	0.00	7.88	13	5.13
Repayment of Debt	-0.17	-	-0.83	-0.96	-0.45
Issuance of Debt	-	0.00	3.70	0.00	1.84
Issuance of Common Equity	312	-	5.14	11	1.37
Other Financing Activities, net	-	-	0.04	2.45	2.38
Cash Interest Paid	-	-	0.00	0.00	0.00

This table details how cash moves in and out of DHC Acquisition's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	0.69	0.70	1.62	-1.87	-1.36	0.08	0.09	-0.22	0.08	0.07	1.63
Net Cash From Operating Activities	-1.50	-2.30	-4.55	-4.06	-3.05	-2.37	-2.63	-2.61	-0.11	0.26	-3.72
Net Cash From Continuing Operating Activities	-1.50	-2.30	-4.55	-4.06	-3.05	-2.37	-2.63	-2.61	-0.11	0.26	-3.72
Net Income / (Loss) Continuing Operations	-2.58	-3.40	-6.88	-3.05	-5.82	-18	-3.61	0.91	-2.48	-3.44	-3.06
Consolidated Net Income / (Loss)	-2.58	-3.40	-6.88	-3.05	-5.82	-18	-3.61	0.91	-2.48	-3.44	-3.06
Depreciation Expense	0.21	0.19	0.12	0.68	0.97	0.96	0.94	0.97	0.93	1.02	1.05
Non-Cash Adjustments To Reconcile Net Income	0.44	0.17	1.93	-2.45	1.38	14	-0.20	-3.62	0.28	0.00	-0.10
Changes in Operating Assets and Liabilities, net	0.43	0.74	0.29	0.75	0.42	1.00	0.25	-0.87	0.94	2.66	-1.61
Net Cash From Investing Activities	-0.40	-0.16	-0.17	0.07	-0.12	-0.07	-0.11	-0.03	-0.44	0.56	-0.14
Net Cash From Continuing Investing Activities	-0.40	-0.16	-0.17	0.07	-0.12	-0.07	-0.11	-0.03	-0.44	0.56	-0.14
Purchase of Property, Plant & Equipment	-0.19	-0.16	-0.17	0.07	0.05	-	0.00	-0.03	0.14	-0.02	0.01
Purchase of Investments	-	-	-	-	-	-	-0.11	-	-	-	-0.15
Net Cash From Financing Activities	2.59	3.17	6.34	2.12	1.81	2.52	2.83	2.42	0.63	-0.75	5.49
Net Cash From Continuing Financing Activities	2.59	3.17	6.34	2.12	1.81	2.52	2.83	2.42	0.63	-0.75	5.49
Repayment of Debt	-0.07	-0.72	-0.86	-0.08	-0.03	-	0.00	-0.06	-0.09	-0.31	-0.68
Issuance of Common Equity	0.99	4.00	6.33	2.19	1.76	1.03	1.33	1.33	-	-1.29	1.54
Other Financing Activities, net	0.00	0.01	0.87	0.01	0.08	1.49	1.50	0.05	-	0.83	4.63

This table presents DHC Acquisition's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024	2025
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	0.07	311	314	22	18	15
Total Current Assets	0.00	1.25	0.28	1.90	1.23	1.64
Cash & Equivalents	0.00	0.86	0.21	1.69	0.15	0.17
Accounts Receivable	-	0.00	-	0.01	0.03	0.25
Prepaid Expenses	0.00	0.39	0.06	0.20	1.05	1.21
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.80	0.29	0.29
Total Noncurrent Assets	0.07	309	315	19	17	13
Intangible Assets	-	-	-	18	16	13
Other Noncurrent Operating Assets	0.07	309	314	1.43	0.51	0.33
Total Liabilities & Shareholders' Equity	0.07	311	314	22	18	15
Total Liabilities	0.05	20	16	4.31	16	12
Total Current Liabilities	0.05	1.02	5.44	3.15	14	11
Short-Term Debt	-	-	-	0.22	1.66	1.34
Accounts Payable	0.01	1.02	-	1.28	6.00	5.04
Accrued Expenses	0.04	-	5.44	1.64	4.59	3.67
Other Current Liabilities	-	-	0.00	0.00	2.01	0.76
Total Noncurrent Liabilities	0.00	19	11	1.17	1.25	1.03
Other Noncurrent Operating Liabilities	0.00	19	11	0.00	1.25	1.03
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	0.02	-19	-16	18	2.64	3.46
Total Preferred & Common Equity	0.02	-19	-16	18	2.64	3.46
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	0.02	-19	-16	18	2.64	3.46
Common Stock	0.03	0.00	0.00	31	50	59
Retained Earnings	-0.01	-19	-16	-13	-47	-56

This table presents DHC Acquisition's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	49	37	34	32	18	17	16	16
Total Current Assets	0.09	4.35	2.45	1.18	1.88	1.95	1.83	3.60
Cash & Equivalents	0.06	3.30	1.43	0.07	0.24	0.02	0.10	1.80
Accounts Receivable	-	0.01	0.00	0.03	0.04	0.01	0.05	0.13
Prepaid Expenses	0.02	1.04	1.01	1.08	1.60	1.92	1.68	1.67
Plant, Property, & Equipment, net	0.00	1.18	0.27	0.29	0.30	0.28	0.07	0.28
Total Noncurrent Assets	49	31	31	30	16	15	14	12
Intangible Assets	-	18	18	17	15	14	14	12
Other Noncurrent Operating Assets	49	13	13	13	0.46	0.42	0.38	0.28
Total Liabilities & Shareholders' Equity	49	37	34	32	18	17	16	16
Total Liabilities	20	16	13	14	15	11	13	9.03
Total Current Liabilities	7.74	13	13	13	14	10	12	8.31
Short-Term Debt	-	0.22	0.89	0.89	1.31	2.35	2.99	0.32
Accounts Payable	7.16	4.42	3.57	5.38	6.90	4.61	4.95	3.36
Accrued Expenses	-	7.77	5.83	4.19	4.24	2.71	3.61	3.87
Other Current Liabilities	0.58	0.69	2.59	2.59	1.64	0.76	0.76	0.76
Total Noncurrent Liabilities	12	3.14	0.52	1.15	0.54	0.86	0.61	0.72
Other Noncurrent Operating Liabilities	12	1.97	0.52	1.15	0.54	0.86	0.61	0.72
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-20	21	21	18	3.31	5.73	3.45	7.28
Total Preferred & Common Equity	-20	21	21	18	3.31	5.73	3.45	7.28
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-20	21	21	18	3.31	5.73	3.45	7.28
Common Stock	0.00	41	44	47	54	55	56	66
Retained Earnings	-20	-20	-23	-29	-51	-50	-52	-59

This table displays calculated financial ratios and metrics derived from DHC Acquisition's official financial filings.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	38,681,340.00	38,681,340.00	12,382,842.00	37,931,764.00	44,880,795.00
DEI Adjusted Shares Outstanding	3,868,134.00	3,868,134.00	1,238,284.00	3,793,176.00	4,488,079.00
DEI Earnings Per Adjusted Shares Outstanding	1.31	1.86	-9.47	-8.89	-1.92
Growth Metrics	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	183.41%	175.70%
EBITDA Growth	0.00%	-45.96%	-502.39%	-196.40%	74.60%
EBIT Growth	0.00%	-45.96%	-525.64%	-203.57%	65.01%
NOPAT Growth	0.00%	-133.07%	-51.67%	-212.26%	65.38%
Net Income Growth	0.00%	41.92%	-262.78%	-187.40%	74.42%
EPS Growth	0.00%	26.67%	-250.00%	-187.40%	80.78%
Operating Cash Flow Growth	0.00%	60.68%	-679.01%	-177.75%	63.77%
Free Cash Flow Firm Growth	0.00%	0.00%	2,030.46%	-104.50%	24.12%
Invested Capital Growth	0.00%	3.02%	-94.17%	-76.15%	11.58%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-26.08%	266.24%
EBITDA Q/Q Growth	0.00%	-38.29%	-44.56%	-71.63%	63.25%
EBIT Q/Q Growth	0.00%	-38.29%	-52.91%	-68.61%	53.05%
NOPAT Q/Q Growth	0.00%	0.49%	-28.26%	-67.55%	53.92%
Net Income Q/Q Growth	0.00%	14.54%	-132.04%	-75.97%	62.73%
EPS Q/Q Growth	0.00%	-17.39%	-137.50%	-75.97%	-212.70%
Operating Cash Flow Q/Q Growth	0.00%	-28.05%	-74.95%	-0.51%	34.10%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	5.59%	-174.67%	-34.17%
Invested Capital Q/Q Growth	0.00%	1.46%	-40.69%	-77.65%	-26.92%
Profitability Metrics	-	-	-	-	-
Gross Margin	0.00%	0.00%	100.00%	100.00%	100.00%
EBITDA Margin	0.00%	0.00%	-31,361.90%	-32,799.26%	-3,022.17%
Operating Margin	0.00%	0.00%	-33,173.85%	-36,550.73%	-4,589.32%
EBIT Margin	0.00%	0.00%	-33,173.85%	-35,533.41%	-4,509.32%
Profit (Net Income) Margin	0.00%	0.00%	-33,317.99%	-33,786.38%	-3,135.15%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	100.00%	262.61%	100.43%	95.08%	69.53%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	-5.18%	-236.94%	-201.30%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	-1,866.83%	-1,586.52%	-185.39%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	-2.26%	-94.60%	-81.26%
Return on Equity (ROE)	3.50%	2.45%	-7.44%	-331.54%	-282.55%
Cash Return on Invested Capital (CROIC)	0.00%	-4.81%	172.78%	-113.96%	-212.25%
Operating Return on Assets (OROA)	0.00%	0.00%	-6.95%	-176.59%	-74.17%
Return on Assets (ROA)	0.00%	0.00%	-6.98%	-167.91%	-51.57%
Return on Common Equity (ROCE)	-0.23%	-0.15%	-0.04%	-331.54%	-282.55%
Return on Equity Simple (ROE_SIMPLE)	-26.86%	-44.59%	-66.30%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-2.31	-5.39	-8.18	-26	-8.84
NOPAT Margin	0.00%	0.00%	-23,221.70%	-25,585.51%	-3,212.53%
Net Nonoperating Expense Percent (NNEP)	857.93%	13,507.45%	1,861.66%	1,349.58%	-15.91%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-42.84%	-593.82%	-184.01%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	30,789.62%	19,283.07%	3,225.11%
R&D to Revenue	0.00%	0.00%	672.28%	1,130.15%	59.24%
Operating Expenses to Revenue	0.00%	0.00%	33,273.85%	36,650.73%	4,689.32%
Earnings before Interest and Taxes (EBIT)	5.08	2.74	-12	-35	-12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5.08	2.74	-11	-33	-8.31
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	13.97	3.01
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	370.23	37.85
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	9.26	2.50
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	385.32	42.10
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.00	0.00	0.08	0.63	0.39
Long-Term Debt to Equity	0.00	0.00	0.07	0.00	0.00
Financial Leverage	0.00	0.00	0.00	0.06	0.44
Leverage Ratio	1.07	1.06	1.07	1.97	5.48
Compound Leverage Factor	1.07	2.79	1.07	1.88	3.81
Debt to Total Capital	0.00%	0.00%	7.29%	38.49%	27.95%
Short-Term Debt to Total Capital	0.00%	0.00%	1.17%	38.49%	27.95%
Long-Term Debt to Total Capital	0.00%	0.00%	6.12%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	106.51%	105.43%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-6.51%	-5.43%	92.71%	61.51%	72.05%
Debt to EBITDA	0.00	0.00	-0.13	-0.05	-0.16
Net Debt to EBITDA	0.00	0.00	0.03	-0.05	-0.14
Long-Term Debt to EBITDA	0.00	0.00	-0.11	0.00	0.00
Debt to NOPAT	0.00	0.00	-0.17	-0.06	-0.15
Net Debt to NOPAT	0.00	0.00	0.04	-0.06	-0.13
Long-Term Debt to NOPAT	0.00	0.00	-0.14	0.00	0.00
Altman Z-Score	0.00	0.00	0.00	-9.50	-7.94
Noncontrolling Interest Sharing Ratio	106.50%	105.96%	99.51%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-
Current Ratio	1.22	0.05	0.60	0.09	0.15
Quick Ratio	0.84	0.04	0.54	0.01	0.04
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-14	273	-12	-9.32
Operating Cash Flow to CapEx	0.00%	0.00%	-1,006.81%	-26,478.52%	-21,633.02%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.01	0.02
Accounts Receivable Turnover	0.00	0.00	0.00	4.88	1.96
Inventory Turnover	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.18	0.95
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	74.78	186.41
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	74.78	186.41
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	290	298	17	4.15	4.63
Invested Capital Turnover	0.00	0.00	0.00	0.01	0.06
Increase / (Decrease) in Invested Capital	0.00	8.74	-281	-13	0.48
Enterprise Value (EV)	0.00	0.00	0.00	38	12
Market Capitalization	0.00	0.00	0.00	37	10
Book Value per Share	($0.49)	($0.42)	$1.43	$0.07	$0.08
Tangible Book Value per Share	($0.49)	($0.42)	($0.02)	($0.36)	($0.21)
Total Capital	291	298	19	4.30	4.80
Total Debt	0.00	0.00	1.39	1.66	1.34
Total Long-Term Debt	0.00	0.00	1.17	0.00	0.00
Net Debt	-0.86	-0.21	-0.29	1.51	1.17
Capital Expenditures (CapEx)	0.00	0.00	0.50	0.05	0.02
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.64	-5.38	-2.71	-12	-8.00
Debt-free Net Working Capital (DFNWC)	0.23	-5.17	-1.03	-11	-7.83
Net Working Capital (NWC)	0.23	-5.17	-1.25	-13	-9.18
Net Nonoperating Expense (NNE)	-7.39	-13	3.55	8.18	-0.21
Net Nonoperating Obligations (NNO)	-0.86	0.67	-0.29	1.51	1.17
Total Depreciation and Amortization (D&A)	0.00	0.00	0.64	2.73	4.09
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	-7,699.57%	-11,543.44%	-2,909.60%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	-2,913.96%	-11,393.85%	-2,847.04%
Net Working Capital to Revenue	0.00%	0.00%	-3,548.16%	-13,052.41%	-3,334.95%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.30	$0.38	($1.17)	($10.20)	($1.97)
Adjusted Weighted Average Basic Shares Outstanding	38.68M	38.68M	27.30M	3.29M	4.38M
Adjusted Diluted Earnings per Share	$0.30	$0.38	($0.78)	($10.20)	($1.97)
Adjusted Weighted Average Diluted Shares Outstanding	38.68M	38.68M	27.30M	3.29M	4.38M
Adjusted Basic & Diluted Earnings per Share	$0.30	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.38M	12.38M	33.30M	4.23M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-1.62	-3.77	-8.18	-16	-8.84
Normalized NOPAT Margin	0.00%	0.00%	-23,221.70%	-16,133.16%	-3,212.53%
Pre Tax Income Margin	0.00%	0.00%	-33,317.99%	-33,786.38%	-3,135.15%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	-1.36%	0.00%	0.00%
Augmented Payout Ratio	6.24%	0.00%	-1.36%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from DHC Acquisition's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	12,382,842.00	12,382,842.00	33,296,995.00	33,321,955.00	35,963,169.00	37,931,764.00	42,274,461.00	42,989,398.00	44,880,795.00	44,880,795.00	44,880,795.00
DEI Adjusted Shares Outstanding	1,238,284.00	1,238,284.00	3,329,699.00	3,332,195.00	3,596,317.00	3,793,176.00	4,227,446.00	4,298,940.00	4,488,079.00	4,488,079.00	4,488,079.00
DEI Earnings Per Adjusted Shares Outstanding	-2.09	-2.75	-2.07	-0.92	-1.62	-4.73	-0.85	0.21	-0.55	-0.77	-0.68
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-79.92%	0.00%	20.24%	0.00%	943.11%
EBITDA Growth	23.65%	-587.88%	-157.57%	-45.30%	-110.90%	-427.17%	62.25%	50.97%	76.43%	83.59%	21.51%
EBIT Growth	16.81%	-616.61%	-160.14%	-56.94%	-131.71%	-426.09%	49.21%	37.84%	64.58%	78.68%	12.61%
NOPAT Growth	2.01%	-188.59%	-157.73%	-104.53%	-105.62%	-432.72%	38.90%	35.86%	56.12%	81.60%	19.74%
Net Income Growth	-55.02%	-203.95%	-160.98%	1.89%	-125.50%	-427.81%	47.56%	129.68%	57.38%	80.85%	15.21%
EPS Growth	-50.00%	-183.33%	-80.00%	40.00%	-33.33%	-427.81%	47.56%	122.22%	62.50%	85.53%	43.33%
Operating Cash Flow Growth	-2,570.58%	-1,582.54%	-8,102.50%	-239.68%	-103.44%	-3.09%	42.24%	35.78%	96.49%	110.87%	-41.74%
Free Cash Flow Firm Growth	3,103.44%	3,012.48%	-97.06%	-97.54%	-97.31%	-99.79%	49.13%	42.90%	50.06%	-585.48%	-132.89%
Invested Capital Growth	-90.03%	-94.17%	-39.89%	-35.07%	-36.70%	-76.15%	-76.54%	-59.91%	-65.87%	11.58%	32.27%
Revenue Q/Q Growth	0.00%	0.00%	41.41%	-100.00%	0.00%	0.00%	0.00%	-50.00%	1,102.40%	232.67%	-47.84%
EBITDA Q/Q Growth	19.04%	-36.77%	-110.93%	37.79%	-17.51%	-241.87%	84.90%	19.19%	43.50%	-138.02%	27.77%
EBIT Q/Q Growth	18.04%	-32.90%	-102.66%	28.91%	-21.01%	-201.76%	80.44%	12.99%	31.05%	-81.63%	19.80%
NOPAT Q/Q Growth	16.55%	-32.35%	-100.07%	7.44%	16.10%	-242.89%	77.05%	2.84%	42.60%	-43.75%	-0.11%
Net Income Q/Q Growth	16.93%	-31.76%	-102.34%	55.70%	-90.94%	-208.40%	79.90%	125.07%	-374.23%	-38.53%	10.97%
EPS Q/Q Growth	20.00%	-25.00%	-80.00%	66.67%	-77.78%	-208.40%	79.90%	122.22%	-400.00%	-1,216.67%	35.44%
Operating Cash Flow Q/Q Growth	-25.48%	-53.41%	-97.62%	10.70%	24.85%	22.26%	-10.71%	0.71%	95.89%	340.57%	-1,543.47%
Free Cash Flow Firm Q/Q Growth	0.14%	5.95%	-97.26%	-15.59%	9.63%	-91.81%	1,867.87%	-19.12%	15.12%	-126.50%	-33.31%
Invested Capital Q/Q Growth	-5.23%	-40.69%	7.41%	7.56%	-7.62%	-77.65%	5.65%	83.80%	-21.37%	-26.92%	25.23%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	100.00%	100.00%	0.00%	100.00%	0.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	0.00%	-9,082.24%	-13,547.16%	0.00%	-9,862.13%	0.00%	-25,459.82%	-41,149.52%	-1,933.45%	-1,383.36%	-1,915.72%
Operating Margin	0.00%	-9,651.07%	-13,654.88%	0.00%	-10,559.02%	0.00%	-41,540.92%	-56,506.16%	-3,853.32%	-1,665.07%	-3,196.16%
EBIT Margin	0.00%	-9,617.10%	-13,782.84%	0.00%	-11,806.88%	0.00%	-34,851.88%	-60,647.30%	-3,477.86%	-1,898.80%	-2,919.85%
Profit (Net Income) Margin	0.00%	-9,663.24%	-13,826.89%	0.00%	-11,646.17%	0.00%	-36,102.30%	18,101.60%	-4,128.37%	-1,719.16%	-2,934.47%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	101.56%
Interest Burden Percent	101.35%	100.48%	100.32%	62.51%	98.64%	100.81%	103.59%	-29.85%	118.70%	90.54%	98.96%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-1.51%	-32.64%	0.00%	-41.66%	0.00%	-151.22%	-260.84%	-16.27%	-73.03%	-162.32%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-537.62%	173.13%	0.00%	-602.80%	0.00%	16.03%	154.92%	-62.73%	-155.78%	192.35%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-0.65%	-6.90%	0.00%	-9.69%	0.00%	-0.56%	10.54%	-10.96%	-68.28%	-7.45%
Return on Equity (ROE)	-3.12%	-2.16%	-39.54%	0.00%	-51.35%	0.00%	-151.79%	-250.30%	-27.23%	-141.31%	-169.76%
Cash Return on Invested Capital (CROIC)	159.78%	172.78%	5.27%	-9.73%	-18.66%	-113.96%	-81.26%	-65.40%	-55.77%	-212.25%	-190.08%
Operating Return on Assets (OROA)	0.00%	-2.01%	-27.51%	0.00%	-39.24%	0.00%	-76.33%	-154.36%	-10.81%	-31.23%	-62.99%
Return on Assets (ROA)	0.00%	-2.02%	-27.60%	0.00%	-38.71%	0.00%	-79.07%	46.07%	-12.84%	-28.28%	-63.31%
Return on Common Equity (ROCE)	0.35%	-0.01%	-2.86%	0.00%	2.23%	0.00%	-151.79%	-250.30%	-27.23%	-141.31%	-169.76%
Return on Equity Simple (ROE_SIMPLE)	25.54%	0.00%	-77.55%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-1.80	-2.38	-4.76	-4.41	-3.70	-13	-2.91	-2.83	-1.62	-2.33	-2.33
NOPAT Margin	0.00%	-6,755.75%	-9,558.41%	0.00%	-7,391.32%	0.00%	-29,078.64%	-56,506.16%	-2,697.32%	-1,165.55%	-2,237.31%
Net Nonoperating Expense Percent (NNEP)	-382.65%	536.11%	-205.77%	475.78%	561.14%	871.78%	-167.25%	-415.76%	46.46%	82.75%	-354.67%
Return On Investment Capital (ROIC_SIMPLE)	-	-12.46%	-21.64%	-20.46%	-19.82%	-294.73%	-62.93%	-34.97%	-25.18%	-48.53%	-30.71%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	8,980.81%	13,015.74%	0.00%	8,407.89%	0.00%	32,141.89%	36,960.42%	2,414.95%	1,179.42%	2,266.21%
R&D to Revenue	0.00%	235.39%	503.46%	0.00%	306.38%	0.00%	106.97%	147.96%	-6.04%	74.25%	25.83%
Operating Expenses to Revenue	0.00%	9,751.07%	13,754.88%	0.00%	10,659.02%	0.00%	41,640.92%	56,606.16%	3,953.32%	1,765.07%	3,296.16%
Earnings before Interest and Taxes (EBIT)	-2.55	-3.39	-6.86	-4.88	-5.90	-18	-3.49	-3.03	-2.09	-3.80	-3.05
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2.34	-3.20	-6.75	-4.20	-4.93	-17	-2.55	-2.06	-1.16	-2.77	-2.00
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	4.06	5.57	2.11	13.97	4.39	3.30	3.66	3.01	23.36
Price to Tangible Book Value (P/TBV)	0.00	0.00	30.33	41.42	50.23	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	983.34	1,352.48	277.05	370.23	242.37	291.01	168.25	37.85	460.43
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	4.37	5.69	2.06	9.26	3.56	2.64	2.45	2.50	29.07
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	960.85	1,346.13	283.12	385.32	260.25	326.91	206.64	42.10	456.42
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	62.21	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.08	0.07	0.04	0.05	0.63	0.40	0.41	0.87	0.39	0.04
Long-Term Debt to Equity	0.00	0.07	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	0.00	0.00	-0.04	-0.01	0.02	0.06	-0.04	0.07	0.17	0.44	-0.04
Leverage Ratio	1.12	1.07	1.64	1.60	1.72	1.97	2.29	1.94	2.28	5.48	3.23
Compound Leverage Factor	1.13	1.07	1.65	1.00	1.70	1.99	2.37	-0.58	2.71	4.96	3.20
Debt to Total Capital	0.00%	7.29%	6.33%	4.14%	4.78%	38.49%	28.32%	29.14%	46.38%	27.95%	4.19%
Short-Term Debt to Total Capital	0.00%	1.17%	1.02%	4.14%	4.78%	38.49%	28.32%	29.14%	46.38%	27.95%	4.19%
Long-Term Debt to Total Capital	0.00%	6.12%	5.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	167.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-67.34%	92.71%	93.67%	95.86%	95.22%	61.51%	71.68%	70.86%	53.62%	72.05%	95.81%
Debt to EBITDA	0.00	-0.13	-0.09	-0.05	-0.05	-0.05	-0.05	-0.09	-0.13	-0.16	-0.04
Net Debt to EBITDA	0.00	0.03	0.13	0.03	-0.04	-0.05	-0.04	-0.09	-0.13	-0.14	0.19
Long-Term Debt to EBITDA	0.00	-0.11	-0.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	-0.17	-0.13	-0.07	-0.06	-0.06	-0.06	-0.11	-0.16	-0.15	-0.04
Net Debt to NOPAT	0.00	0.04	0.17	0.04	-0.05	-0.06	-0.05	-0.11	-0.15	-0.13	0.18
Long-Term Debt to NOPAT	0.00	-0.14	-0.11	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	0.00	0.00	1.42	3.35	-0.74	-6.29	-4.81	-4.27	-5.06	-6.08	5.32
Noncontrolling Interest Sharing Ratio	111.30%	99.51%	92.78%	0.00%	104.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.01	0.60	0.33	0.19	0.09	0.09	0.13	0.19	0.15	0.15	0.43
Quick Ratio	0.01	0.54	0.25	0.11	0.01	0.01	0.02	0.00	0.01	0.04	0.23
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	263	279	7.64	6.45	7.07	0.58	11	9.22	11	-2.81	-3.75
Operating Cash Flow to CapEx	-800.00%	-1,415.55%	-2,659.77%	0.00%	0.00%	0.00%	0.00%	-8,352.88%	0.00%	1,097.47%	0.00%
Free Cash Flow to Firm to Interest Expense	7,621.49	0.00	0.00	0.00	0.00	0.00	91.15	0.00	27.13	0.00	0.00
Operating Cash Flow to Interest Expense	-43.49	0.00	0.00	0.00	0.00	0.00	-21.02	0.00	-0.27	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-48.93	0.00	0.00	0.00	0.00	0.00	-21.02	0.00	0.09	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.02	0.02
Accounts Receivable Turnover	0.00	0.00	14.17	0.00	0.00	4.88	2.21	10.83	1.79	1.96	4.24
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.18	0.08	0.24	0.42	0.95	1.29
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	25.76	0.00	0.00	74.78	165.43	33.69	204.09	186.41	86.11
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	25.76	0.00	0.00	74.78	165.43	33.69	204.09	186.41	86.11
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	29	17	19	20	19	4.15	4.38	8.06	6.34	4.63	5.80
Invested Capital Turnover	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.00	0.01	0.06	0.07
Increase / (Decrease) in Invested Capital	-265	-281	-12	-11	-11	-13	-14	-12	-12	0.48	1.41
Enterprise Value (EV)	0.00	0.00	82	114	38	38	16	21	16	12	169
Market Capitalization	0.00	0.00	84	115	37	37	15	19	13	10	170
Book Value per Share	($1.60)	$1.43	$1.66	$0.62	$0.49	$0.07	$0.09	$0.13	$0.08	$0.08	$0.16
Tangible Book Value per Share	($1.60)	($0.02)	$0.22	$0.08	$0.02	($0.36)	($0.32)	($0.20)	($0.25)	($0.21)	($0.11)
Total Capital	29	19	22	22	19	4.30	4.62	8.08	6.44	4.80	7.60
Total Debt	0.00	1.39	1.39	0.89	0.89	1.66	1.31	2.35	2.99	1.34	0.32
Total Long-Term Debt	0.00	1.17	1.17	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-0.06	-0.29	-1.91	-0.54	0.82	1.51	1.07	2.33	2.88	1.17	-1.48
Capital Expenditures (CapEx)	0.19	0.16	0.17	-0.07	-0.05	0.00	0.00	0.03	-0.14	0.02	-0.01
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-7.71	-2.71	-12	-11	-11	-12	-11	-6.15	-7.59	-8.00	-6.20
Debt-free Net Working Capital (DFNWC)	-7.65	-1.03	-8.53	-9.56	-11	-11	-11	-6.13	-7.49	-7.83	-4.40
Net Working Capital (NWC)	-7.65	-1.25	-8.75	-10	-12	-13	-12	-8.48	-10	-9.18	-4.72
Net Nonoperating Expense (NNE)	0.79	1.02	2.13	-1.36	2.13	5.29	0.70	-3.73	0.86	1.11	0.73
Net Nonoperating Obligations (NNO)	-0.06	-0.29	-1.91	-0.54	0.82	1.51	1.07	2.33	2.88	1.17	-1.48
Total Depreciation and Amortization (D&A)	0.21	0.19	0.12	0.68	0.97	0.96	0.94	0.97	0.93	1.03	1.05
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-7,699.57%	-13,921.82%	-12,926.50%	-8,181.98%	-11,543.44%	-18,559.81%	-9,461.09%	-10,102.38%	-2,909.60%	-1,677.59%
Debt-free Net Working Capital to Revenue	0.00%	-2,913.96%	-10,034.43%	-11,242.47%	-8,127.99%	-11,393.85%	-18,166.10%	-9,429.77%	-9,965.65%	-2,847.04%	-1,190.08%
Net Working Capital to Revenue	0.00%	-3,548.16%	-10,297.13%	-12,291.86%	-8,788.72%	-13,052.41%	-20,347.17%	-13,051.78%	-13,941.78%	-3,334.95%	-1,276.30%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.26)	($0.15)	($0.27)	($0.09)	($0.16)	($54.60)	($0.90)	$0.02	($0.06)	($0.79)	($0.51)
Adjusted Weighted Average Basic Shares Outstanding	12.38M	20.64M	25.23M	33.99M	35.54M	329.08K	4.01M	42.17M	42.17M	4.38M	5.97M
Adjusted Diluted Earnings per Share	($0.26)	($0.15)	($0.27)	($0.09)	($0.16)	($54.60)	($0.90)	$0.02	($0.06)	($0.79)	($0.51)
Adjusted Weighted Average Diluted Shares Outstanding	12.38M	20.64M	25.23M	33.99M	35.54M	329.08K	4.01M	42.17M	42.17M	4.38M	5.97M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($54.60)	$0.00	$0.00	$0.00	($0.79)	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	12.38M	33.30M	33.32M	35.96M	37.93M	4.23M	4.30M	0.00	44.88M	0.00	6.51M
Normalized Net Operating Profit after Tax (NOPAT)	-1.80	-2.38	-4.76	-4.41	-3.70	-13	-2.91	-1.98	-1.62	-2.33	-2.33
Normalized NOPAT Margin	0.00%	-6,755.75%	-9,558.41%	0.00%	-7,391.32%	0.00%	-29,078.64%	-39,554.31%	-2,697.32%	-1,165.55%	-2,237.31%
Pre Tax Income Margin	0.00%	-9,663.24%	-13,826.89%	0.00%	-11,646.17%	0.00%	-36,102.30%	18,101.60%	-4,128.37%	-1,719.16%	-2,889.42%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-73.84	0.00	0.00	0.00	0.00	0.00	-27.87	0.00	-5.35	0.00	0.00
NOPAT to Interest Expense	-52.09	0.00	0.00	0.00	0.00	0.00	-23.26	0.00	-4.15	0.00	0.00
EBIT Less CapEx to Interest Expense	-79.27	0.00	0.00	0.00	0.00	0.00	-27.87	0.00	-4.98	0.00	0.00
NOPAT Less CapEx to Interest Expense	-57.52	0.00	0.00	0.00	0.00	0.00	-23.26	0.00	-3.78	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	-1.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-1.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

DHC Acquisition Financials - Frequently Asked Questions

According to the most recent income statement we have on file, DHC Acquisition's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

DHC Acquisition's net income appears to be on an upward trend, with a most recent value of -$8.63 million in 2025, falling from $5.08 million in 2021. The previous period was -$33.72 million in 2024.

DHC Acquisition's total operating income in 2025 was -$12.63 million, based on the following breakdown:

Total Gross Profit: $275.12 thousand
Total Operating Expenses: $12.90 million

Over the last 4 years, DHC Acquisition's total revenue changed from $0.00 in 2021 to $275.12 thousand in 2025, a change of 27,512,000.0%.

DHC Acquisition's total liabilities were at $11.84 million at the end of 2025, a 23.6% decrease from 2024, and a 22,874.9% increase since 2020.

In the past 5 years, DHC Acquisition's cash and equivalents has ranged from $0.00 in 2020 to $1.69 million in 2023, and is currently $172.12 thousand as of their latest financial filing in 2025.

Over the last 4 years, DHC Acquisition's book value per share changed from -0.49 in 2021 to 0.08 in 2025, a change of -115.8%.

Related Companies

Financial statements for NASDAQ:DHCAW last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

DHC Acquisition (DHCAW) Financials

Financials Breakdown Chart

DHC Acquisition Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

DHC Acquisition (DHCAW) Financials

Annual Income Statements for DHC Acquisition

Quarterly Income Statements for DHC Acquisition

Annual Cash Flow Statements for DHC Acquisition

Quarterly Cash Flow Statements for DHC Acquisition

Annual Balance Sheets for DHC Acquisition

Quarterly Balance Sheets for DHC Acquisition

Annual Metrics And Ratios for DHC Acquisition

Quarterly Metrics And Ratios for DHC Acquisition

Financials Breakdown Chart

DHC Acquisition Financials - Frequently Asked Questions

When does DHC Acquisition's fiscal year end?

How has DHC Acquisition's net income changed over the last 4 years?

What is DHC Acquisition's operating income?

How has DHC Acquisition's revenue changed over the last 4 years?

How much debt does DHC Acquisition have?

How much cash does DHC Acquisition have?

How has DHC Acquisition's book value per share changed over the last 4 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools