State Ledger
Company profile

Embrace Change Acquisition Corp. CIK 1869601

Ticker
EMCGF
Industry
Blank Checks
Headquarters
San Diego, CA 92121
Fiscal year end
2024 (FY)
Key Financials
Revenue
—
Net income
$1.44M
Total assets
$26.15M
Total liabilities
$5.89M
Stockholders' equity
-$5.82M
Cash & equivalents
$67.0K
Operating income
-$551.7K
Operating cash flow
-$528.8K
Capital expenditures
—

Fiscal year 2024, via 10-K filed 2025-03-11. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
22.5%
Equity / assets
-22.3%
CapEx / revenue
—
Operating cash flow / net income
-0.37×

Derived from the fiscal year 2024 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2024 — $1.44M $26.15M $5.89M -$5.82M
2023 — $2.42M $56.24M $4.12M -$4.11M
2022 — $410.6K $76.94M $2.74M -$2.34M
2021 — — $169.1K $147.3K $21.8K
Company Details
SIC code
6770
State of incorporation
E9
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-09-14
Financials filed via
Form 10-K
filed 2025-03-11

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
San Diego, CA 92121
5186 CARROLL CANYON RD
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:20 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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