I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 0.
EPS: As of FY2025 Q3, the actual value is USD 0.05.
EBIT: As of FY2025 Q3, the actual value is USD -892.32 K.
Segment Revenue
- Interest Earned on Investments Held in Trust Account: For the three months ended September 30, 2025, interest earned was $738,495, and for the nine months ended September 30, 2025, it was $2,193,869.
Operational Metrics
- Net Income: For the three months ended September 30, 2025, net income was $434,805, compared to a net loss of $26,532 for the same period in 2024. For the nine months ended September 30, 2025, net income was $1,260,098, compared to a net loss of $66,985 for the same period in 2024.
- General and Administrative Costs: For the three months ended September 30, 2025, these costs were $154,489, compared to $26,532 for the same period in 2024. For the nine months ended September 30, 2025, these costs were $487,522, compared to $66,985 for the same period in 2024.
Cash Flow
- Net Cash Used in Operating Activities: For the nine months ended September 30, 2025, net cash used was - $689,461, compared to - $94,945 for the same period in 2024.
- Net Cash Provided by Investing Activities: For the nine months ended September 30, 2025, net cash provided was $79,891, representing cash interest withdrawn from the Trust Account to pay taxes.
Future Outlook and Strategy
- Core Business Focus: The company intends to use the funds held in the trust account to complete its initial business combination, with a focus on the production, servicing, and transportation of Oil, Gas, and LNG. The company has until May 22, 2026, to complete a business combination, with the possibility of extending this period by six months.
- Non-Core Business: The company has not commenced any operations and will not generate any operating revenues until after the completion of its initial business combination.