Revenue: As of FY2025, the actual value is USD 0.EPS: As of FY2025, the actual value is USD 0.19.EBIT: As of FY2025, the actual value is USD -3.896 M.<h4>Overview</h4>Vine Hill Capital Investment Corp. has not commenced any operations or generated any revenues to date, with all activity since its initial public offering relating to its formation and the search for an initial business combination.<h4>Financial Performance</h4><ul><li>General and Administrative Expenses: Increased to $3,896,000 for the year ended December 31, 2025, from $1,065,000 for the period from May 24, 2024 (inception) to December 31, 2024.</li><li>Loss from Operations: Was - $3,896,000 for the year ended December 31, 2025, compared to - $1,065,000 for the period from May 24, 2024 (inception) to December 31, 2024.</li><li>Other Income: Increased to $9,434,000 for the year ended December 31, 2025, from $3,346,000 for the period from May 24, 2024 (inception) to December 31, 2024.<ul><li>Interest Income on Trust Account: Rose to $9,411,000 for the year ended December 31, 2025, from $3,194,000 for the period from May 24, 2024 (inception) to December 31, 2024.</li><li>Interest Income on Operating Account: Increased to $23,000 for the year ended December 31, 2025, from $16,000 for the period from May 24, 2024 (inception) to December 31, 2024.</li><li>Credit for Overallotment Option Liability Expiration: Was $0 for the year ended December 31, 2025, compared to $136,000 for the period from May 24, 2024 (inception) to December 31, 2024.</li></ul></li><li>Net Income: Grew to $5,538,000 for the year ended December 31, 2025, from $2,281,000 for the period from May 24, 2024 (inception) to December 31, 2024.</li></ul><h4>Key Financial Position Metrics</h4><ul><li>Cash and Cash Equivalents: Decreased to $92,000 as of December 31, 2025, from $1,088,000 as of December 31, 2024.</li><li>Working Capital: Changed to - $1,471,000 as of December 31, 2025, from $1,471,000 (positive) as of December 31, 2024.</li><li>Investments held in Trust Account: Increased to $233,705,000 as of December 31, 2025, from $224,294,000 as of December 31, 2024.</li><li>Notes Payable – Related Party: Rose to $250,000 as of December 31, 2025, from $0 as of December 31, 2024.</li><li>Deferred Compensation - Related Parties: Increased to $1,045,000 as of December 31, 2025, from $253,000 as of December 31, 2024.</li></ul><h4>Operational Costs</h4><ul><li>Professional Fees: Approximately $449,000 for the year ended December 31, 2025, compared to $310,000 for the period from May 24, 2024 to December 31, 2024.</li><li>Costs to Identify and Evaluate Target Businesses: Approximately $2,275,000 for the year ended December 31, 2025, compared to $337,000 for the period from May 24, 2024 to December 31, 2024.</li><li>Executive and Director Compensation and Fees: Approximately $1,308,000 for the year ended December 31, 2025, compared to $380,000 for the period from May 24, 2024 to December 31, 2024, including amounts payable upon closing of an initial business combination.</li><li>Sponsor Fees for Administrative Services: Approximately $120,000 for the year ended December 31, 2025, compared to $38,000 for the period from May 24, 2024 to December 31, 2024.</li></ul><h4>Liquidity and Capital Resources</h4>As of December 31, 2025, Vine Hill Capital Investment Corp. had $92,000 in cash and cash equivalents and - $1,471,000 in negative working capital. Subsequent to December 31, 2025, the Sponsor provided an additional working capital loan of $290,000 in January 2026.<h4>Outlook / Guidance</h4>Vine Hill Capital Investment Corp. anticipates that its expenses will continue to rise as it pursues financing and acquisition plans. The company’s ability to operate as a going concern depends on securing additional funds and completing a business combination by June 9, 2026. There is no guarantee that the company will successfully consummate a business combination or obtain additional financing within the specified timeframe.

VCIC

Vine Hill Capital Investment | 10-K: FY2025 Revenue: USD 0