Spark I Acquisition (SPKL) Equity Ratio (2022 - 2025)

Spark I Acquisition (SPKL) reported Equity Ratio of 0.28 for Q4 2025, down 593.59% year-over-year from 0.06 in Q4 2024, and down 7.58% quarter-over-quarter from 0.26 in Q3 2025.

Spark I Acquisition (SPKL) Equity Ratio (2022 - 2025) Analysis & Trends

Spark I Acquisition (SPKL) has 4 years of Equity Ratio data on file, last reported at 0.28 in Q4 2025.

  • Equity Ratio for Q4 2025 came in at 0.28, down 593.59% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.28 (down 593.59% YoY), and the FY2025 annual result was 0.28, down 593.59% from the prior year.
  • Equity Ratio eased to 0.28 in Q4 2025 per SPKL's latest filing, from 0.26 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.02 in Q4 2023 and troughed at 2.54 in Q3 2023.
  • A 4-year average of 0.43 and a median of 0.05 in 2025 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2024 and 2025: Equity Ratio surged 98.6% in 2024, then sank 640.34% in 2025.
  • A 4-year view of Equity Ratio shows it stood at 1.35 in 2022, then surged by 98.37% to 0.02 in 2023, then sank by 85.07% to 0.04 in 2024, then tumbled by 593.59% to 0.28 in 2025.
  • Business Quant data shows SPKL's Equity Ratio at 0.28 in Q4 2025, 0.26 in Q3 2025, and 0.05 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 EQV Ventures Acquisition 477.69 Mn 477.69 Mn - -0.03
2 Berto Acquisition 312.46 Mn 312.46 Mn - -0.04
3 Centurion Acquisition 311.65 Mn 311.65 Mn - -0.04
4 GP-Act III Acquisition 311.36 Mn 311.36 Mn - -0.05
5 Churchill Capital Corp IX 310.79 Mn 310.79 Mn - -0.04
6 WEN Acquisition 309.15 Mn 309.15 Mn - -0.04
7 Bold Eagle Acquisition 275.54 Mn 275.54 Mn - -0.03
8 Soulpower Acquisition 264.91 Mn 264.91 Mn - -0.04
9 BTC Development 262.16 Mn 262.16 Mn - -0.04
10 Spark I Acquisition 72.70 Mn 72.70 Mn - -0.28

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.28
Sep 30, 2025 -0.26
Jun 30, 2025 -0.05
Mar 31, 2025 -0.05
Dec 31, 2024 -0.04
Sep 30, 2024 -0.04
Jun 30, 2024 -0.03
Mar 31, 2024 -0.03
Dec 31, 2023 -0.02
Sep 30, 2023 -2.54
Dec 31, 2022 -1.35