---
title: "Quartzsea Acquisition | 10-K: FY2025 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283975517.md"
datetime: "2026-04-24T09:54:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283975517.md)
  - [en](https://longbridge.com/en/news/283975517.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283975517.md)
---

# Quartzsea Acquisition | 10-K: FY2025 Revenue: USD 0

Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.06.

EBIT: As of FY2025, the actual value is USD -4.323 M.

Quartzsea Acquisition Corporation operates as a single, undiversified segment and currently has no revenue-generating operations, nor does it expect any until completing an initial business combination .

#### Operational Metrics

-   **Net Income (Loss)**: The company reported a net income of $510,959 for the year ended November 30, 2025, which is an improvement from a net loss of - $10,166 for the period from November 5, 2024 (inception) through November 30, 2024 .
-   **General and Administrative Expenses**: These expenses increased to $1,906,211 for the year ended November 30, 2025, from $10,166 (formation and operating costs) for the period from November 5, 2024, through November 30, 2024 .
-   **Total Other Income**: Total other income was $2,417,170 for the year ended November 30, 2025, including $14,438 in interest income and $2,402,732 earned on investments held in the Trust Account .

#### Cash Flow

-   **Cash Flow from Operating Activities**: The company used - $1,266,120 in operating activities for the year ended November 30, 2025, compared to - $24,000 for the period from November 5, 2024, through November 30, 2024 .
-   **Cash Flow from Investing Activities**: Investing activities used - $82,792,034 for the year ended November 30, 2025, with no activity reported in the prior period .
-   **Cash Flow from Financing Activities**: Financing activities provided $83,759,249 for the year ended November 30, 2025, and $335,000 for the period from November 5, 2024, through November 30, 2024 .

#### Financial Position

-   **Cash**: As of November 30, 2025, cash stood at $12,095, a decrease from $311,000 as of November 30, 2024 .
-   **Working Capital**: The company reported a working capital deficit of - $649,389 as of November 30, 2025 .
-   **Investments held in Trust Account**: These investments totaled $85,202,732 as of November 30, 2025 .
-   **Redemption Value per Public Share**: The redemption value was approximately $10.29 per public share as of November 30, 2025 .

#### Outlook / Guidance

Quartzsea Acquisition Corporation expects to continue incurring significant costs in its pursuit of an initial business combination, as it currently has no revenue-generating operations . The company has until June 19, 2026, to complete a business combination, after which it will face automatic winding up and liquidation if unsuccessful . These conditions, coupled with a working capital deficit, raise substantial doubt about the company’s ability to continue as a going concern without successfully raising additional capital or consummating a business combination .

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- [Eight Directions Technology Limited Announces Entering into an Agreement and Plan of Merger with Quartzsea Acquisition Corporation | QSEA Stock News](https://longbridge.com/en/news/286344244.md)
- [Quartzsea Acquisition 10-Q: $0.76M revenue, $0.05 EPS on trust interest](https://longbridge.com/en/news/283873725.md)