CO2 ENERGY TRANSITION CORP. COM USD0.0001 15/10/2028 (SUB/RIGHTS) | 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.
EPS: As of FY2025 Q3, the actual value is USD 0.05.
EBIT: As of FY2025 Q3, the actual value is USD -892.32 K.
Segment Revenue
- Interest Earned on Investments Held in Trust Account: For the three months ended September 30, 2025, interest earned was $738,495, and for the nine months ended September 30, 2025, it was $2,193,869.
Operational Metrics
- Net Income: For the three months ended September 30, 2025, net income was $434,805, compared to a net loss of $26,532 for the same period in 2024. For the nine months ended September 30, 2025, net income was $1,260,098, compared to a net loss of $66,985 for the same period in 2024.
- General and Administrative Costs: For the three months ended September 30, 2025, these costs were $154,489, compared to $26,532 for the same period in 2024. For the nine months ended September 30, 2025, these costs were $487,522, compared to $66,985 for the same period in 2024.
Cash Flow
- Net Cash Used in Operating Activities: For the nine months ended September 30, 2025, net cash used was - $689,461, compared to - $94,945 for the same period in 2024.
- Net Cash Provided by Investing Activities: For the nine months ended September 30, 2025, net cash provided was $79,891, representing cash interest withdrawn from the Trust Account to pay taxes.
Future Outlook and Strategy
- Core Business Focus: The company plans to complete a Business Combination by May 22, 2026, with a possible extension of up to six months. The focus is on using the funds held in the Trust Account to finance the operations of the target business or businesses, make other acquisitions, and pursue growth strategies.
- Non-Core Business: There are no specific plans related to divestitures or emerging segments mentioned in the report.
