K&F Growth Acquisition Corp II | 10-Q: FY2026 Q1 Revenue: USD 0
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q1, the actual value is USD 0.
EPS: As of FY2026 Q1, the actual value is USD 0.06.
EBIT: As of FY2026 Q1, the actual value is USD -2.876 M.
K&F Growth Acquisition Corp. II, a blank check company, has not generated any operating revenue to date, with its activities focused on organizational efforts and identifying a business combination candidate.
Operational Metrics
- Net Income: K&F Growth Acquisition Corp. II reported a net income of $2,403,751 for the three months ended March 31, 2026, which is an increase compared to $1,601,840 for the same period in 2025.
- Loss from Operations: The loss from operations was -$233,040 for the three months ended March 31, 2026, compared to -$190,575 for the three months ended March 31, 2025.
- General and Administrative and Formation Costs: These costs were $236,236 for the three months ended March 31, 2026, an increase from $190,575 for the three months ended March 31, 2025.
- Interest Earned on Cash and Securities held in Trust Account: This non-operating income amounted to $2,636,791 for the three months ended March 31, 2026, up from $1,792,415 for the three months ended March 31, 2025.
Cash Flow
- Net Cash Used in Operating Activities: The company used -$278,286 in operating activities for the three months ended March 31, 2026, which is less than the -$391,993 used for the same period in 2025.
- Cash at End of Period: Cash stood at $224,160 as of March 31, 2026, a decrease from $577,446 as of December 31, 2025.
- Cash and Securities Held in Trust Account: These assets amounted to $302,512,950 as of March 31, 2026, an increase from $299,876,159 as of December 31, 2025.
Future Outlook and Strategy
K&F Growth Acquisition Corp. II aims to complete a Business Combination by November 6, 2026, and is actively searching for a target business across various industries. The company acknowledges substantial doubt about its ability to continue as a going concern due to a lack of liquidity and the impending liquidation date if a Business Combination is not consummated by the deadline. Management plans to achieve a Business Combination before the end of this period, but any extension or failure to meet Nasdaq requirements could lead to delisting and adverse effects.
