Tue, May 20, 9:02 PM (31 days ago)
**Alchemy Investments Acquisition Corp 1 (ALCY) Q1 2025 Financial Summary** **Financial Health & Performance Metrics:** - **Revenue:** No revenue generated as the company is still in the pre-operational phase. - **Net Loss:** $301,497 (Q1 2024: Net Income $1,413,829) - **Operating Costs:** $401,439 (Q1 2024: $163,825) - **Gain on Investments:** $124,408 (Q1 2024: $1,573,981) - **Cash Flow from Operations:** Negative $429,175 (Q1 2024: Negative $180,531) - **Cash Flow from Financing:** Positive $600,000 (Q1 2024: $0) - **Cash and Cash Equivalents:** $351,999 (Q1 2024: $129,211) - **Working Capital Deficit:** $2,069,142 - **Trust Account:** $12,036,215 (including $150,000 for extension) **Profit Margins:** - **Operating Margin:** Negative 100% (due to no revenue) - **Net Margin:** Negative 100% (due to no revenue) **Trends & Uncertainties:** - **Extension of Combination Period:** Shareholders approved an extension until September 9, 2025. - **Geopolitical Risks:** Military actions and economic sanctions may impact business combination and operations. - **Liquidity:** Substantial doubt about the company's ability to continue as a going concern exists due to insufficient cash outside the trust account. **Future Operations Impact:** - **Business Combination:** Successful completion is crucial for the company's survival and future operations. - **Cash Management:** Efficient use of cash and securing additional financing are essential. - **Regulatory Compliance:** Adherence to SEC regulations and reporting requirements is vital. **Quarterly Performance Discussion:** - **Q1 2025 vs. Q1 2024:** Increased operating costs and decreased gain on investments led to a net loss in Q1 2025. - **Cash Flow:** Positive cash flow from financing activities helped offset the negative cash flow from operations. - **Liquidity:** The company faces liquidity challenges due to the working capital deficit and insufficient cash outside the trust account. **Note:** Amounts are usually in thousands, 000s.