---
title: "QUARTZSEA ACQUISITION CORP ORD USD0.0001 (18/02/2030) (S/R) | 10-Q: FY2025 Q2 EPS: USD -0.01"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248053855.md"
datetime: "2025-07-10T20:52:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248053855.md)
  - [en](https://longbridge.com/en/news/248053855.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248053855.md)
---

# QUARTZSEA ACQUISITION CORP ORD USD0.0001 (18/02/2030) (S/R) | 10-Q: FY2025 Q2 EPS: USD -0.01

EPS: As of FY2025 Q2, the actual value is USD -0.01.

### Segment Revenue

-   **General and Administrative Expenses**: For the three months ended May 31, 2025, expenses were $727,747, and for the six months ended May 31, 2025, expenses were $761,251.

### Operational Metrics

-   **Net Loss**: For the three months ended May 31, 2025, the net loss was - $27,147, and for the six months ended May 31, 2025, the net loss was - $58,402.

### Cash Flow

-   **Net Cash Used in Operating Activities**: For the six months ended May 31, 2025, net cash used was - $621,127.
-   **Net Cash Used in Investing Activities**: For the six months ended May 31, 2025, net cash used was - $83,400,000.
-   **Net Cash Provided by Financing Activities**: For the six months ended May 31, 2025, net cash provided was $83,759,249.

### Unique Metrics

-   **Interest Income**: For the three months ended May 31, 2025, interest income was $700,600, and for the six months ended May 31, 2025, it was $702,849.

### Future Outlook and Strategy

-   **Core Business Focus**: Quartzsea Acquisition Corporation plans to complete a business combination with Broadway Technology Inc, with an aggregate consideration of $520,000,000 payable in newly issued shares. The merger aims to acquire 100% of Broadway Tech’s equity securities.
-   **Non-Core Business**: The company has not engaged in any operations or generated revenues to date and is focused on identifying a target company for a business combination.

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