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ALDF

Aldel Financial II Inc.

ALDF

Aldel Financial II Inc. • NASDAQ
$10.48 ▼ -0.10% (-0.01)
Market Cap $312.89 M
52w High $10.69
52w Low $9.90
Dividend Yield 0%
P/E 0
Volume 593
Outstanding Shares 29.86M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $0 ▼ $0 ▼ 0% $0.11 ▲ $0 ▲
Q2-2025 $0 $105.958K ▼ $2.39M ▲ 0% $0.08 ▲ $-105.958K ▲
Q1-2025 $0 $164.829K ▲ $2.251M ▲ 0% $0.075 ▲ $-164.829K ▼
Q4-2024 $0 $123.917K ▲ $1.893M ▲ 0% $0.063 ▲ $-123.917K ▼
Q3-2024 $0 $8.919K $-8.919K 0% $-0 $-8.919K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $809.438K ▼ $239.113M ▲ $57 ▼ $1.034M ▼
Q1-2025 $879.298K ▲ $236.736M ▲ $12.806K ▼ $1.14M ▲
Q2-2024 $205K $346.448K $329.968K $16.48K
Q2-2024 $205K $346.448K $329.968K $16.48K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.451M ▼ $2.508M ▼ $230.596M ▲ $0 ▲ $-63.052K ▲ $2.508M ▼
Q2-2025 $2.749M ▲ $3.039M ▲ $-4.912M ▲ $-232.383M ▼ $-194.647K ▼ $3.039M ▲
Q4-2024 $1.893M ▲ $1.679M ▲ $-233.167M ▼ $232.383M ▲ $895.453K ▲ $1.679M ▲
Q3-2024 $-8.919K $-96.368K $0 $205K $108.632K $-96.368K

Five-Year Company Overview

Income Statement

Income Statement ALDF has no operating business today, so its income statement is essentially empty. There is no revenue, no operating profit, and any small earnings per share figure is likely from one‑off accounting items or interest on cash rather than true business performance. Until ALDF completes a merger with a real operating company, its current income statement tells very little about future profitability or growth potential.

Balance Sheet

Balance Sheet The balance sheet is simple and typical for a new SPAC: a small equity base, effectively no debt, and assets that are largely cash or cash‑like from the IPO proceeds held in trust (though the timing of reporting means this isn’t fully visible yet in the data provided). This “clean” structure is by design—it gives flexibility to fund a future acquisition. The key point is that today’s balance sheet reflects a financing vehicle, not an operating enterprise with plants, inventory, or receivables.

Cash Flow

Cash Flow Cash flows so far are minimal and mostly technical. There is no meaningful cash coming from customers or going into long‑term investments, because the company has no active operations. Historically, the important cash event for a SPAC like ALDF is the IPO itself, which raises funds and places them in trust. Future cash flow quality will depend entirely on the business they eventually buy, not on the current shell’s limited history.

Competitive Edge

Competitive Edge ALDF’s competitive edge does not come from products or technology, but from its sponsor team. The CEO has prior SPAC experience and a background in large alternative asset management, which can help in sourcing deals, negotiating terms, and supporting a target company through the public listing process. However, the SPAC market is crowded, and ALDF competes with many other vehicles chasing a finite pool of attractive targets. Its position will ultimately be judged by the quality of the company it manages to merge with and the terms of that transaction.

Innovation and R&D

Innovation and R&D ALDF itself does not conduct research and development and has no proprietary innovations to sell. Its role is financial and transactional. Any innovation story will come later, from the private company it chooses to acquire—whether that is in technology, services, finance, or another field. Until a target is announced, there is no clear R&D profile to analyze, only the promise that the sponsor team will select a business with a compelling growth or innovation angle.

Summary

ALDF is a newly formed SPAC—essentially a cash shell created to find and merge with a private company. Current financial statements show a clean, simple structure with no operations, no revenue, and no meaningful cash flows beyond fundraising activity. The real risk and opportunity sit in the future: the quality, valuation, and timing of any eventual acquisition. Strengths include experienced leadership with SPAC and deal‑making background; the main uncertainties involve whether they can source an attractive target on favorable terms within the required timeframe and how market conditions will look when that deal is announced. Until a merger partner is identified, ALDF’s numbers mainly reflect structure, not business performance.