Wed, Jun 11, 10:03 AM (33 days ago)
### APX Acquisition Corp. (APXIF) Q1 2025 Financial Summary **Ticker:** APXIF **Company:** APX Acquisition Corp. **Q1 2025 Financial Health:** - **Revenue:** N/A (SPACs do not generate revenue until a business combination is completed). - **Net Loss:** $3,676,898 (Q1 2025) vs. $2,249,261 (Q1 2024). - **Operating Expenses:** $351,503 (Q1 2025) vs. $1,305,094 (Q1 2024). - **Interest Income:** $65,522 (Q1 2025) from investments in the Trust Account vs. $813,333 (Q1 2024). - **Interest Expense:** $51,667 (Q1 2025). - **Unrealized Loss on Warrants:** $3,339,250 (Q1 2025) vs. $1,757,500 (Q1 2024). **Profit Margins:** - **Operating Margin:** Negative due to operating losses. **Cash Flow:** - **Operating Cash Flow:** Negative $255,509 (Q1 2025) vs. Negative $160,364 (Q1 2024). - **Investing Cash Flow:** N/A (Q1 2025) vs. Negative $375,000 (Q1 2024). - **Financing Cash Flow:** Positive $255,461 (Q1 2025) vs. Positive $527,765 (Q1 2024). **Earnings Changes:** - **Net Loss Per Share:** $0.76 (Q1 2025) vs. $0.23 (Q1 2024). **Quarterly Performance Discussion:** - **Operational Activities:** Focused on identifying and evaluating potential business combinations. - **Financial Condition:** Significant operating losses and negative cash flow from operations. - **Liquidity:** $72 in cash (Q1 2025) vs. $120 (Q1 2024), with a working capital deficit of $5,168,585 (Q1 2025) vs. $4,765,415 (Q1 2024). **Trends and Uncertainties:** - **Market Conditions:** Geopolitical risks and economic volatility may impact the ability to complete a business combination. - **Future Operations:** Dependent on securing a business combination to generate revenue and positive cash flow. **Future Operations Impact:** - **Business Combination:** Critical for revenue generation and financial stability. - **Liquidity Needs:** Requires additional funding or successful business combination to meet operational needs. **Summary:** APX Acquisition Corp. reported significant operating losses and negative cash flow for Q1 2025, with a net loss of $3,676,898. The company's financial health is heavily dependent on completing a business combination to generate revenue and improve liquidity. Geopolitical risks and economic volatility pose uncertainties for future operations. The company's ability to secure a business combination will be crucial for its financial stability and growth.