Concord Acquisition II | 10-Q: FY2025 Q3 Revenue: USD 0
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 0.
EPS: As of FY2025 Q3, the actual value is USD 0.18.
EBIT: As of FY2025 Q3, the actual value is USD -256 K.
Segment Revenue
- Concord Acquisition Corp II did not generate any operating revenues as of September 30, 2025, as it is a blank check company focused on effecting a business combination.
Operational Metrics
- Net Income (Loss): For the three months ended September 30, 2025, net income was $1,296,701, compared to a net loss of $4,483,056 for the same period in 2024.
- Operating Costs: Operating costs for the three months ended September 30, 2025, were $255,215, a decrease from $838,843 for the same period in 2024.
- Change in Fair Value of Capital Contribution Note: For the three months ended September 30, 2025, the change in fair value was $961,571, compared to - $3,956,783 for the same period in 2024.
Cash Flow
- Net Cash Used in Operating Activities: For the nine months ended September 30, 2025, net cash used in operating activities was - $743,139, compared to - $974,081 for the same period in 2024.
- Net Cash Provided by Investing Activities: For the nine months ended September 30, 2025, net cash provided by investing activities was $23,828,025, compared to $133,417,234 for the same period in 2024.
- Net Cash Used in Financing Activities: For the nine months ended September 30, 2025, net cash used in financing activities was - $23,540,518, compared to - $132,067,234 for the same period in 2024.
Unique Metrics
- Income from Cash Held in Trust Account: For the three months ended September 30, 2025, income from cash held in the Trust Account was $784, compared to $252,558 for the same period in 2024.
Future Outlook and Strategy
- Core Business Focus: Concord Acquisition Corp II is focused on completing a business combination by December 31, 2025, or during any Extension Period. The company is currently negotiating with Events.com to amend the Merger Agreement, with no assurance of an extension agreement.
- Non-Core Business: The company has entered into Non-Redemption Agreements with stockholders to prevent redemption of shares, issuing additional shares upon closing of a business combination as part of these agreements.
