---
title: "Black Spade Acquisition II | 10-Q: FY2025 Q1 EPS: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240343525.md"
datetime: "2025-05-15T10:08:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240343525.md)
  - [en](https://longbridge.com/en/news/240343525.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240343525.md)
---

# Black Spade Acquisition II | 10-Q: FY2025 Q1 EPS: USD 0

EPS: As of FY2025 Q1, the actual value is USD 0.

### Segment Revenue

-   The company has not commenced any operations and therefore has not generated any operating revenue as of March 31, 2025. The company generates non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering.

### Operational Metrics

-   **Net Income**: For the three months ended March 31, 2025, the company reported a net income of $10,378, primarily due to interest income from the Trust Account.
-   **General and Administrative Expenses**: The company incurred general and administrative expenses amounting to $1,647,635 for the three months ended March 31, 2025.

### Cash Flow

-   **Operating Cash Flow**: The net cash used in operating activities was - $273,426 for the three months ended March 31, 2025.
-   **Cash Held in Trust Account**: As of March 31, 2025, the cash held in the Trust Account was $156,875,931, including interest income.

### Unique Metrics

-   **Interest Income**: The company earned $1,648,030 in interest income from the Trust Account for the three months ended March 31, 2025.

### Future Outlook and Strategy

-   **Core Business Focus**: The company is focused on completing a Business Combination within the specified Combination Period. The management plans to continue efforts to consummate a Business Combination during this period.
-   **Non-Core Business**: There are no specific plans related to divestitures or emerging segments mentioned in the report.

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