Maywood Acquisition - Unit | 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 0.01.
EBIT: As of FY2025 Q3, the actual value is USD -1.776 M.
Segment Revenue
- The company has not commenced any operations and will not generate operating revenue until after the completion of its initial business combination. The company generates non-operating income in the form of interest income from the proceeds derived from the IPO.
Operational Metrics
- Net Income (Loss): For the three months ended September 30, 2025, the company reported a net income of $70,891, primarily due to interest earned on marketable securities held in the Trust Account and forgiveness of debt, offset by formation and operating costs.
- Net Income (Loss): For the nine months ended September 30, 2025, the company reported a net income of $1,312,339, primarily due to interest earned on marketable securities held in the Trust Account and forgiveness of debt, offset by formation and operating costs.
Cash Flow
- Operating Cash Flow: Net cash used in operating activities for the nine months ended September 30, 2025, was - $437,444, primarily due to changes in operating assets and liabilities and interest income earned on Trust Account funds.
- Investing Cash Flow: Net cash used in investing activities was - $86,250,000, primarily due to cash deposited in the Trust Account.
- Financing Cash Flow: Net cash provided by financing activities was $86,977,024, primarily from proceeds received from the initial public offering, private placement, and sponsor loan.
Unique Metrics
- Marketable Securities Held in Trust Account: As of September 30, 2025, the company had $88,485,688 in marketable securities held in the Trust Account.
Future Outlook and Strategy
- Core Business Focus: The company has entered into a definitive agreement for its initial business combination with GOWell Technology Limited, with the aim to complete the business combination by August 14, 2026.
- Non-Core Business: The company has not disclosed specific plans related to non-core business areas, as its primary focus remains on completing the business combination with GOWell Technology Limited.
