Revenue: As of FY2025 Q3, the actual value is USD 0.EPS: As of FY2025 Q3, the actual value is USD -0.01.EBIT: As of FY2025 Q3, the actual value is USD -37.64 K.ITHAX ACQUISITION CORP III operates as a single reportable segment, with its Chief Executive Officer serving as the Chief Operating Decision Maker (CODM) .<h4>Revenue and Net Loss</h4>The company has not generated any operating revenues to date and does not expect to do so until after the completion of its initial Business Combination . Net loss for the period was - $37,638 . Formation, general, and administrative costs amounted to $37,638 .<h4>Financial Position (as of September 30, 2025)</h4>Total Assets were $30,900 . Total Liabilities were $43,538 . Total Shareholders’ Deficit was - $12,638 .<h4>Cash Flow from Operating Activities</h4>Net cash used in operating activities was $0 . This was influenced by a net loss of - $37,638, general and administrative costs paid by the Sponsor under a related-party promissory note of $10,420, and changes in accrued expenses of $27,218 .<h4>Liquidity and Capital Resources (Subsequent Events as of December 15, 2025)</h4>The company completed its Initial Public Offering (IPO) on December 15, 2025, generating gross proceeds of $230,000,000 from the sale of 23,000,000 Units . Simultaneously, 5,500,000 Private Placement Warrants were sold for $1.00 each, generating gross proceeds of $5,500,000 . Following the IPO, $230,000,000 was placed in a Trust Account . Transaction costs totaled $14,211,396, comprising a $4,000,000 cash underwriting fee, $9,800,000 deferred underwriting fee, and $411,396 in other offering costs . As of December 15, 2025, the company had $1,005,185 in cash and $1,014,909 in working capital . A related-party promissory note, under which $11,320 was borrowed as of September 30, 2025, was fully settled by December 15, 2025, with a total of $177,659 borrowed and repaid .<h4>Future Outlook and Strategy</h4>The company’s primary objective is to complete a Business Combination using proceeds from the IPO, Private Placement Warrants, shares, debt, or a combination thereof . Funds in the Trust Account will primarily be used for the Business Combination, while funds outside will cover due diligence, evaluation, and negotiation costs for target businesses . Management believes current funds are sufficient for operations, but additional financing may be sought if acquisition costs are higher than estimated or if significant redemptions occur .

ITHAX Acquisition III - Unit | 10-Q: FY2025 Q3 Revenue: USD 0