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SIMASIM Acquisition Corp. I
$10.89$334M
Overview & Verdict
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SIMA logoSIM Acquisition Corp. I(SIMA)Earnings, Financials & Key Ratios

SIMA•NASDAQ
$10.89
37.6× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustrySPACs & Shell CompaniesSub-IndustryGeneralist SPACs and blank checks
AboutSIM Acquisition Corp. I is a blank check company, which was created for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on January 29, 2024 and is headquartered in Miami, FL.Show more
  • EBITDA-$1M-121.2%
  • Net Income$9M+85.2%
  • EPS (Diluted)0.29+93.3%
  • ROE3.83%+81.6%

SIMA Price & Volume

SIM Acquisition Corp. I (SIMA) stock price & volume — 10-year historical chart

Loading chart...

Persistent Cash Burn Masks Structural Liquidity Risks

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidation and insolvency risk

Key Thesis Takeaways

  • SIM Acquisition Corp.
  • I remains a pre-revenue shell entity struggling with administrative overhead that consistently erodes its limited capital base.
  • The company's reliance on non-operating accounting adjustments to report net income creates a disconnect from its underlying cash-burning reality, which is further exacerbated by a deteriorating liquidity profile.
  • Investors should monitor the company's inability to secure an acquisition target, as the current trajectory suggests significant insolvency risk before the mandatory liquidation deadline.

Verdict Logic

the company's inability to generate revenue while facing a deteriorating current ratio of 0.79 and rising debt obligations suggests a high risk of capital impairment.

SIMA Growth Metrics

SIM Acquisition Corp. I (SIMA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM22.82%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM22.13%

Return on Capital

10 Years-0.33%
5 Years-0.33%
3 Years-0.33%
Last Year-0.42%

SIMA Recent Earnings

SIM Acquisition Corp. I (SIMA) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
Q3 2025Latest
Aug 14, 2025
Metric
Actual
Est
EPS
$0.10
—
Rev
—
—
Q2 2025
May 14, 2025
Metric
Actual
Est
EPS
$0.07
—
Rev
—
—
Q2 2025
Mar 31, 2025
Metric
Actual
Est
EPS
$0.08
—
Rev
—
—
Q4 2024
Nov 14, 2024
Metric
Actual
Est
EPS
$0.08
—
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q3 2025LatestAug 14, 2025
$0.10
—
Q2 2025May 14, 2025
$0.07
—
Q2 2025Mar 31, 2025
$0.08
—
Q4 2024Nov 14, 2024
$0.08
—
Based on last 6 quarters of dataView full earnings history →

Peers Comparison

Key metrics vs top competitors for SIM Acquisition Corp. I (SIMA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SIMA logoSIMASIM Acquisition Corp. ICurrent
$10.89$333.96M37.55——3.83%—
ACIC logoACICAmerican Coastal Insurance Corporation
$11.52$558.31M5.3613.07%31.34%33.02%—
GS logoGSThe Goldman Sachs Group, Inc.
$1042.98$321.24B20.32-1.38%16.31%14.31%—
MS logoMSMorgan Stanley
$222.04$350.22B21.7711.48%15.13%16.22%—
C logoCCitigroup Inc.
$140.75$241.37B20.14-1.41%9.34%7.49%—
LAZ logoLAZLazard Ltd
$41.74$4.11B19.243.25%8.48%29.43%—

Compare SIMA vs Peers

SIM Acquisition Corp. I (SIMA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ACIC

Most directly comparable listed peer for SIMA.

Scale Benchmark

vs MS

Larger-name benchmark to compare SIMA against a more recognizable public peer.

Peer Set

Compare Top 5

vs ACIC, GS, MS, C

SIMA SEC Filings & Documents

SIM Acquisition Corp. I (SIMA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 13, 2026·SEC

Material company update

Apr 30, 2026·SEC

Material company update

Apr 28, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 27, 2026·SEC

FY 2025

Mar 31, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

May 15, 2026·SEC

FY 2025

Nov 13, 2025·SEC

FY 2025

Aug 14, 2025·SEC

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SIMA Frequently Asked Questions

SIM Acquisition Corp. I (SIMA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is SIMA profitable?

Yes, SIM Acquisition Corp. I (SIMA) is profitable, generating $8.6M in net income for fiscal year 2025.

Dividend & Returns
What is SIMA's return on equity?

SIM Acquisition Corp. I (SIMA) has a return on equity (ROE) of 3.8%. This is below average, suggesting room for improvement.

What is SIM Acquisition Corp. I's free cash flow?

SIM Acquisition Corp. I (SIMA) had negative free cash flow of $0.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in SIMA back in 2024?

Total return calculator · dividends reinvested · 2+ years of data

See returns →