Wed, May 21, 10:02 AM (31 days ago)
**Bayview Acquisition Corp (BAYAU, BAYA, BAYAR) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** No operating revenue generated; non-operating income from interest on trust account investments. - **Profit Margins:** Q1 2025 net income of $143,915 (vs. $595,376 in Q1 2024) due to lower interest income and higher operating costs. - **Cash Flow:** Net cash used in operating activities was $(41,019) in Q1 2025 (vs. $(250,436) in Q1 2024). - **Earnings Changes:** Net income decreased by 75.8% YoY due to lower interest income and increased operating costs. - **Cash Position:** Cash decreased to $52,601 from $93,620 QoQ, with a working capital deficit of $1,800,368. **Trends & Uncertainties:** - **Business Combination:** Seeking to complete a business combination by June 19, 2025; failure to do so may result in liquidation. - **Going Concern:** Substantial doubt about the company's ability to continue as a going concern due to working capital deficit and reliance on completing a business combination. - **Interest Income:** Decreased interest income due to lower balances in the trust account and lower interest rates. **Future Operations Impact:** - **Costs:** Expects to incur increased expenses as a public company and for business combination efforts. - **Liquidity:** May use funds not held in trust to repay loans from sponsors or third parties, if necessary. - **Market Risk:** Investments in the trust account are short-term and have minimal exposure to interest rate risk. **Ticker:** BAYAU, BAYA, BAYAR **Full Name:** Bayview Acquisition Corp