Future Vision II 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.
EBIT: As of FY2025 Q3, the actual value is USD -695.64 K.
Segment Revenue and Operational Metrics
- Net Income: For the nine months ended September 30, 2025, the company reported a net income of $1,563,409, compared to $137,178 for the period from January 30, 2024 (inception) through September 30, 2024.
- Operating Expenses: Total operating expenses for the nine months ended September 30, 2025, were $306,953, compared to $11,313 for the same period in 2024.
- Interest Income: Income earned on marketable securities held in the Trust Account was $1,845,521 for the nine months ended September 30, 2025, compared to $147,779 for the period from January 30, 2024, through September 30, 2024.
Cash Flow
- Net Cash Used in Operating Activities: For the nine months ended September 30, 2025, net cash used in operating activities was - $208,382.
- Net Cash Used in Financing Activities: For the same period, net cash used in financing activities was - $16,000.
Future Outlook and Strategy
- Core Business Focus: The company plans to use the net proceeds from the IPO, including the marketable securities held in the Trust Account, to acquire a target business or businesses and to pay related expenses. The company intends to complete a Business Combination by March 31, 2026, or up to September 30, 2026, if extended.
- Non-Core Business: There are no specific plans related to divestitures or emerging segments mentioned in the report.
