COLUMBUS ACQUISITION CORP COM USD0.0001 30/09/2025 (SUB/RIGHTS) | 10-Q: FY2025 Q1 EPS: USD 0.02

LB filings
2025.05.15 20:55
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EPS: As of FY2025 Q1, the actual value is USD 0.02.

Segment Revenue

  • Units Sold: 6,000,000 units were sold at $10.00 per unit, generating total gross proceeds of $60,000,000.

Operational Metrics

  • Net Income: For the three months ended March 31, 2025, net income was $149,799, compared to a net loss of $6,839 for the period from January 18, 2024, to March 31, 2024.
  • General and Administrative Expenses: $253,934 for the three months ended March 31, 2025, compared to $6,839 for the period from January 18, 2024, to March 31, 2024.

Cash Flow

  • Net Cash Used in Operating Activities: - $172,527 for the three months ended March 31, 2025.
  • Net Cash Used in Investing Activities: - $60,000,000 for the three months ended March 31, 2025.
  • Net Cash Provided by Financing Activities: $61,066,688 for the three months ended March 31, 2025.

Unique Metrics

  • Interest Earned on Trust Account: $403,733 for the three months ended March 31, 2025.

Future Outlook and Strategy

  • Core Business Focus: The company intends to use the proceeds from the IPO and private placement to acquire a target business or businesses, with a focus on completing a business combination by January 22, 2026.
  • Non-Core Business: The company has not identified any specific business combination target and will not generate operating revenues until after the completion of a business combination.
  • Priority: The company plans to use the funds held in the Trust Account for acquiring a target business and financing its operations post-business combination.