Revenue: As of FY2026 Q3, the actual value is USD 0.EPS: As of FY2026 Q3, the actual value is USD 0.04.EBIT: As of FY2026 Q3, the actual value is USD -1.265 M.<h3>Segment Revenue</h3><ul><li>The company has not generated any operating revenues as of October 31, 2025, and does not expect to generate any until after the completion of a Business Combination.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income (Loss): For the three months ended October 31, 2025, net income was $514,636, compared to a net loss of - $43,064 for the same period in 2024.</li><li>General and Administrative Expenses: For the three months ended October 31, 2025, expenses were $375,265, compared to $43,064 for the same period in 2024.</li><li>Interest Income: For the three months ended October 31, 2025, interest income was $889,901, compared to $0 for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: For the nine months ended October 31, 2025, net cash used was - $827,919.</li><li>Net Cash Used in Investing Activities: For the nine months ended October 31, 2025, net cash used was - $86,250,000.</li><li>Net Cash Provided by Financing Activities: For the nine months ended October 31, 2025, net cash provided was $87,019,066.</li></ul><h3>Unique Metrics</h3><ul><li>Investments Held in Trust Account: As of October 31, 2025, investments held in the Trust Account amounted to $87,774,470.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company plans to effectuate its initial business combination using cash from the IPO proceeds, private placement, and other securities sales. It aims to consummate a business combination by August 27, 2026, or extend the period if necessary.</li><li>Non-Core Business: The company has entered into a Merger Agreement with Greenland Exploration Limited and March GL Company, aiming to merge with subsidiaries of Holdco, which will be renamed Greenland Energy Company and become publicly traded on Nasdaq.</li><li>Priority: The company has a working capital deficit of $145,981 as of October 31, 2025, and lacks the financial resources to sustain operations for a reasonable period, raising substantial doubt about its ability to continue as a going concern.</li></ul>

PELICAN ACQUISITION CORPORATION SHS USD0.0001(S/R 02/05/2030) | 10-Q: FY2026 Q3 Revenue: USD 0