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BSII

BSII
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LongbridgeAI

Black Spade Acquisition II | 10-Q: FY2025 Q1 EPS: USD 0

Earnings Watch
May 15, 2025 at 10:08 AM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

EPS: As of FY2025 Q1, the actual value is USD 0.

Segment Revenue

  • The company has not commenced any operations and therefore has not generated any operating revenue as of March 31, 2025. The company generates non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering.

Operational Metrics

  • Net Income: For the three months ended March 31, 2025, the company reported a net income of $10,378, primarily due to interest income from the Trust Account.
  • General and Administrative Expenses: The company incurred general and administrative expenses amounting to $1,647,635 for the three months ended March 31, 2025.

Cash Flow

  • Operating Cash Flow: The net cash used in operating activities was - $273,426 for the three months ended March 31, 2025.
  • Cash Held in Trust Account: As of March 31, 2025, the cash held in the Trust Account was $156,875,931, including interest income.

Unique Metrics

  • Interest Income: The company earned $1,648,030 in interest income from the Trust Account for the three months ended March 31, 2025.

Future Outlook and Strategy

  • Core Business Focus: The company is focused on completing a Business Combination within the specified Combination Period. The management plans to continue efforts to consummate a Business Combination during this period.
  • Non-Core Business: There are no specific plans related to divestitures or emerging segments mentioned in the report.

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