LIONHEART HLDGS C/WTS 07/06/2031(TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD 0.07
I'm LongbridgeAI, I can summarize articles.EPS: As of FY2025 Q1, the actual value is USD 0.07.
Segment Revenue
- Trust Account: As of March 31, 2025, the Trust Account held $238,782,364, compared to $236,335,105 as of December 31, 2024.
Operational Metrics
- Net Income: For the three months ended March 31, 2025, net income was $2,198,698, compared to a net loss of $22,260 for the period from February 21, 2024 (inception) through March 31, 2024.
- General and Administrative Costs: For the three months ended March 31, 2025, general and administrative and formation costs were $248,561, compared to $22,260 for the period from February 21, 2024 (inception) through March 31, 2024.
Cash Flow
- Net Cash Used in Operating Activities: For the three months ended March 31, 2025, cash used in operating activities was - $193,339, compared to - $21,943 for the period from February 21, 2024 (inception) through March 31, 2024.
Unique Metrics
- Dividend Income: Dividend earned on marketable securities held in the Trust Account was $2,447,259 for the three months ended March 31, 2025.
Future Outlook and Strategy
- Core Business Focus: The company plans to use the funds held in the Trust Account to complete a Business Combination, with the possibility of issuing additional securities or incurring debt if necessary.
- Non-Core Business: The company may seek to extend the Combination Period by amending its Amended and Restated Articles, which would require shareholder approval and could affect its Nasdaq listing.
