---
title: "Churchill Capital Corp X - Unit | 10-Q: FY2025 Q2 EPS: USD 0.09"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252913407.md"
datetime: "2025-08-13T20:09:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252913407.md)
  - [en](https://longbridge.com/en/news/252913407.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252913407.md)
---

# Churchill Capital Corp X - Unit | 10-Q: FY2025 Q2 EPS: USD 0.09

EPS: As of FY2025 Q2, the actual value is USD 0.09.

### Segment Revenue

-   The company has not generated any operating revenues as of June 30, 2025, as it is a blank check company formed for the purpose of effecting a business combination.

### Operational Metrics

-   For the three months ended June 30, 2025, the company reported a net income of $1,973,286, primarily due to income earned on marketable securities held in the Trust Account amounting to $2,158,518, offset by general and administrative costs of $185,232.
-   For the six months ended June 30, 2025, the net income was $1,955,086, with similar income and cost structures as the three-month period.
-   For the three months ended June 30, 2024, the company had a net loss of $7,230, and for the period from January 4, 2024 (inception) through June 30, 2024, the net loss was $51,841, both due to general and administrative costs.

### Cash Flow

-   As of June 30, 2025, the company had cash of $1,232,392 and marketable securities held in the Trust Account of $416,158,518.
-   Cash used in operating activities for the six months ended June 30, 2025, was $757,617, primarily due to changes in operating assets and liabilities and income earned on marketable securities.

### Unique Metrics

-   The company completed its Initial Public Offering on May 15, 2025, raising gross proceeds of $414,000,000 through the sale of 41.4 million Public Units, each consisting of one Class A Ordinary Share and one-fourth of one Public Warrant.

### Future Outlook and Strategy

-   **Core Business Focus**: The company intends to effectuate its initial Business Combination using cash from the Initial Public Offering and the sale of Private Placement Units, shares, debt, or a combination thereof. The company expects to incur significant costs in pursuit of its acquisition plans and cannot assure the completion of a Business Combination.
-   **Non-Core Business**: The company may seek to extend the Combination Period by amending its Amended and Restated Memorandum and Articles of Association, subject to shareholder approval, which could affect the amount held in the Trust Account and its Nasdaq listing.

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