--- title: "Iron Horse Acquisition | 10-Q: FY2025 Q1 EPS: USD 0.01" type: "news" locale: "en" url: "https://longbridge.com/en/news/240374843.md" published_at: "2025-05-15T12:05:31.000Z" --- # Iron Horse Acquisition | 10-Q: FY2025 Q1 EPS: USD 0.01 EPS: As of FY2025 Q1, the actual value is USD 0.01. ### Segment Revenue - The company has not generated any operating revenues to date, as its activities have been focused on organizational tasks and identifying a target company for a business combination. ### Operational Metrics - **Net Income**: For the three months ended March 31, 2025, the company reported a net income of $83,760, compared to $473,415 for the same period in 2024. - **Formation and Operational Costs**: These costs were $519,958 for the three months ended March 31, 2025, compared to $479,858 for the same period in 2024. ### Cash Flow - **Operating Cash Flow**: Cash used in operating activities was - $409,287 for the three months ended March 31, 2025, compared to - $374,077 for the same period in 2024. - **Cash Held in Trust Account**: As of March 31, 2025, the company had $73,567,534 of cash held in the Trust Account. ### Unique Metrics - **Interest Earned on Marketable Securities**: Interest earned on marketable securities held in the Trust Account was $752,929 for the three months ended March 31, 2025, compared to $858,253 for the same period in 2024. ### Future Outlook and Strategy - **Core Business Focus**: The company plans to complete a business combination before the mandatory liquidation date of June 29, 2025. However, there is substantial doubt about the company’s ability to continue as a going concern through this date due to liquidity issues. - **Non-Core Business**: The company has entered into a business combination agreement with Rosey Sea Holdings Limited, which involves purchasing shares of Zhong Guo Liang Tou Group Limited in exchange for shares of Iron Horse Acquisitions Corp. common stock. ### Priority - The company is focused on completing the business combination and has issued promissory notes to fund extensions for the completion period. ### Related Stocks - [IROH.US - Iron Horse Acquisition](https://longbridge.com/en/quote/IROH.US.md) - [UCFI.US - CN Healthy Food Tech](https://longbridge.com/en/quote/UCFI.US.md) --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.