Nova Vision Acquisition Corp
NASDAQ: NOVV · FINANCIAL SERVICES · SHELL COMPANIES
Updated 2026-06-04
Nova Vision Acquisition Corp (NOVV) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Total assets | $58.97M | $19.03M | $17.94M |
| Cash & equivalents | $752635.00 | $163442.00 | $97273.00 |
| Current assets | $890133.00 | $284701.00 | $106627.00 |
| Total liabilities | $788178.00 | $1.55M | $3.07M |
| Current liabilities | $38178.00 | $796508.00 | $2.32M |
| Long-term debt | — | — | — |
| Shareholder equity | $58.18M | $17.48M | $14.87M |
| Retained earnings | $-378461.00 | $-1.26M | $-2.96M |
| Accounts receivable | — | — | — |
| Inventory | — | — | — |
| Goodwill | — | — | — |
Frequently asked questions
How profitable is NOVV?
In its most recent fiscal year, NOVV ran a gross margin of 100.00%, an operating margin of -83.64%, and a net margin of 16.36%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does NOVV generate?
NOVV produced $-569870.00 in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is NOVV's balance sheet healthy?
NOVV holds $97273.00 in cash and equivalents against — in long-term debt, on $14.87M of shareholder equity. That debt is best read against the cash flow the business throws off each year.