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

EPS: As of FY2025, the actual value is USD -1.16.

EBIT: As of FY2025, the actual value is USD -6.532 M.

Operational Metrics

Net Income / Loss

Inflection Point Acquisition Corp. III reported a net income of $498,416 for the year ended December 31, 2025, primarily from $7,030,731 in interest income on marketable securities, offset by $6,532,315 in formation and operating costs. For the period from January 31, 2024 (inception) through December 31, 2024, the company recorded a net loss of - $85,796, consisting solely of formation and operating expenses.

Operating Costs

Formation and operating costs were $6,532,315 for the year ended December 31, 2025, and - $85,796 for the period from January 31, 2024 (inception) through December 31, 2024.

Compensation Expense

Net income for 2025 was affected by compensation expense of $2,581,854.

Cash Flow

Cash Used in Operating Activities

For the year ended December 31, 2025, cash used in operating activities was - $1,442,021. This was influenced by a net income of $498,416, interest earned on marketable securities of - $7,030,731, compensation expense of $2,581,854, and an adjustment to accrued offering costs of - $5,000. Changes in operating assets and liabilities provided $2,513,440 of cash for operating activities. For the period from January 31, 2024 (inception) through December 31, 2024, cash used in operating activities was $0.

Cash and Marketable Securities Held in Trust Account

As of December 31, 2025, Inflection Point Acquisition Corp. III held $258,955,961 in marketable securities in the Trust Account, along with accrued interest of $824,770.

Cash Balance

As of December 31, 2025, the company had a cash balance of $1,126,011.

Commitments and Contractual Obligations

Inflection Point Acquisition Corp. III has no long-term debt or lease obligations, but incurs a monthly fee of $29,166.66 to Inflection Point Asset Management LLC for services. Underwriters are also entitled to a deferred fee of $12,045,000, payable from the Trust Account upon completion of a Business Combination.

Unique Metrics (Earnout Shares Triggering Events for PubCo Post-Business Combination)

Following the Second Merger Effective Time of the Proposed Business Combination, PubCo will issue up to 30,000,000 additional Earnout Shares in four tranches of 7,500,000 each upon the occurrence of specific Triggering Events. These events include achieving quarterly revenue from continuing operations exceeding $25,000,000 or a binding agreement for minimum annual recurring revenue of at least $100,000,000 by June 30, 2026. Further tranches are triggered by quarterly revenue exceeding $50,000,000 or quarterly EBITDA exceeding $12,500,000 by December 31, 2026, and a final tranche based on the PubCo Ordinary Share closing sale price reaching at least $20.00 for a specified period.

Outlook / Guidance

Management has identified that Inflection Point Acquisition Corp. III currently lacks sufficient liquidity, raising substantial doubt about its ability to continue as a going concern. The company plans to complete an initial business combination before the completion window closes on April 28, 2027. No adjustments have been made to asset or liability carrying amounts, assuming liquidation would occur after this date if a combination is not successful.