METAL SKY STAR ACQUISITION CORP | 10-Q: FY2025 Q2 EPS: USD -0.09
I'm LongbridgeAI, I can summarize articles.EPS: As of FY2025 Q2, the actual value is USD -0.09.
Operational Metrics
Net Income (Loss):
- For the three months ended June 30, 2025: - $198,020
- For the three months ended June 30, 2024: $392,165
- For the six months ended June 30, 2025: - $351,198
- For the six months ended June 30, 2024: $689,185
Operating Costs:
- For the three months ended June 30, 2025: $225,904
- For the three months ended June 30, 2024: $74,148
- For the six months ended June 30, 2025: $449,724
- For the six months ended June 30, 2024: $235,967
Interest Income:
- For the three months ended June 30, 2025: $25,052
- For the three months ended June 30, 2024: $311,583
- For the six months ended June 30, 2025: $95,694
- For the six months ended June 30, 2024: $770,422
Unrealized Gain on Trust Accounts:
- For the three months ended June 30, 2025: $2,832
- For the three months ended June 30, 2024: $154,730
- For the six months ended June 30, 2025: $2,832
- For the six months ended June 30, 2024: $154,730
Cash Flow
Net Cash Used in Operating Activities:
- For the six months ended June 30, 2025: $0
- For the six months ended June 30, 2024: $0
Net Cash Provided by (Used in) Investing Activities:
- For the six months ended June 30, 2025: $5,914,261
- For the six months ended June 30, 2024: - $400,000
Net Cash (Used in) Provided by Financing Activities:
- For the six months ended June 30, 2025: - $5,914,261
- For the six months ended June 30, 2024: $400,000
Unique Metrics
- Marketable Securities Held in Trust Account:
- As of June 30, 2025: $861,784
- As of December 31, 2024: $6,677,519
Future Outlook and Strategy
Core Business Focus:
- The company plans to continue its efforts to complete a Business Combination within the Combination Period after the closing of the Initial Public Offering.
- The company has filed a preliminary proxy statement to amend its Amended and Restated Memorandum and Articles of Association, extending the deadline for consummating a business combination to January 5, 2026.
Non-Core Business:
- The company is currently working diligently to complete a business combination as soon as practicable.
- The company has entered into a non-binding letter of intent for a business combination with Okidoki OÜ, and existing equity holders would roll 100% of their equity into the combined public company, based on a total equity value of $120 million for Okidoki.
- The company has entered into a letter of intent with Fedilco Group Limited, a Cyprus-based company which holds an 80% equity interest in Viva Armenia Closed Joint-Stock Company, an Armenia-based telecom company.
