EPS: As of FY2025 Q1, the actual value is USD -0.54.

Segment Revenue

Bowen Acquisition Corp has not generated any operating revenues as of March 31, 2025, and its activities have been limited to organizational activities and identifying a target company for its initial Business Combination.

Operational Metrics

• Net Loss: For the three months ended March 31, 2025, the company reported a net loss of - $2,039,997, compared to a net income of $786,362 for the same period in 2024.
• Operating Costs: Operating costs for the three months ended March 31, 2025, were $134,736, slightly lower than $137,130 for the same period in 2024.
• Interest Expense: Interest expenses amounted to $104,721 for the three months ended March 31, 2025.
• Loss on Issuance of FPA Liability: The company recorded a loss of $1,929,656 related to the issuance of FPA liability.
• Change in Fair Value of FPA Liability: A change in fair value of FPA liability resulted in an expense of $367,317.

Cash Flow

• Operating Cash Flow: Net cash used in operating activities was - $73,968 for the three months ended March 31, 2025, compared to - $90,954 for the same period in 2024.
• Investing Cash Flow: Net cash provided by investing activities was $66,519,453 for the three months ended March 31, 2025.
• Financing Cash Flow: Net cash used in financing activities was - $66,519,453 for the three months ended March 31, 2025.

Unique Metrics

• Interest Earned on Trust Account: Interest earned on investments held in the trust account was $97,321 for the three months ended March 31, 2025, compared to $923,492 for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: Bowen Acquisition Corp intends to effectuate its initial business combination using cash from the proceeds of its offering and private placement, promissory loans, and proceeds from the sale of securities in connection with the business combination.
• Non-Core Business: The company has entered into a Prepaid Forward Purchase Agreement (FPA) to facilitate the business combination, which involves purchasing shares from public shareholders who elect to redeem their shares.
• Priority: Management expects to obtain additional funds from related parties to provide the necessary working capital to consummate a business combination.