<span item_type="fundamental" item_id="34acdfc45a6655bb1cdd90345c2da109" counter_id="ST/US/MSSWF" env="prod"></span><span item_type="announcement" item_id="549804592456074369" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD -0.09.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not generated any operating revenue as of June 30, 2025, as it is a blank check company focused on completing a business combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>For the three months ended June 30, 2025, the company reported a net loss of - $198,020, compared to a net income of $392,165 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li><li>For the six months ended June 30, 2025, the company reported a net loss of - $351,198, compared to a net income of $689,185 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li><li>Operating costs for the three months ended June 30, 2025, were $225,904, compared to $74,148 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li><li>Operating costs for the six months ended June 30, 2025, were $449,724, compared to $235,967 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities was nil for the six months ended June 30, 2025, and 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li><li>Net cash provided by (used in) investing activities was $5,914,261 for the six months ended June 30, 2025, compared to - $400,000 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li><li>Net cash (used) provided by financing activities was - $5,914,261 for the six months ended June 30, 2025, compared to $400,000 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>As of June 30, 2025, the company had $861,784 held in the Trust Account, compared to $6,677,519 as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company is focused on completing a business combination by January 5, 2026, as it has extended the deadline for consummating a business combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has entered into a non-binding letter of intent for a business combination with Okidoki OÜ and is also in discussions with Fedilco Group Limited for a potential acquisition.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li><li>The company faces substantial doubt about its ability to continue as a going concern if a business combination is not consummated by the extended deadline.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1882464/000164117225024362/form10-q.htm"></span></li></ul>

METAL SKY STAR ACQUISITION CORP C/WTS 31/03/2029 (TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD -0.09