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BAYA

Bayview Acquisition Corp Class A Ordinary Shares

BAYA

Bayview Acquisition Corp Class A Ordinary Shares • NASDAQ
$11.25 ▲ 0.36% (+0.04)
Market Cap $61.22 M
52w High $11.99
52w Low $10.62
Dividend Yield 0%
P/E 53.57
Volume 7
Outstanding Shares 5.44M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $0 ▼ $241.187K ▲ 0% $0.14 ▲ $0 ▲
Q2-2025 $0 $279.892K ▲ $114.161K ▼ 0% $0.022 ▼ $-279.892K ▼
Q1-2025 $0 $270.459K ▼ $143.915K ▲ 0% $0.026 ▲ $-270.459K ▲
Q4-2024 $0 $473.701K ▲ $-18.248K ▼ 0% $-0.003 ▼ $-473.701K ▼
Q3-2024 $0 $273.029K $583.558K 0% $0.11 $-273.029K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $38.342K ▼ $19.852M ▲ $5.111M ▲ $-5.048M ▼
Q2-2025 $50.675K ▼ $19.385M ▼ $4.626M ▲ $14.758M ▼
Q1-2025 $52.601K ▼ $40.502M ▲ $4.031M ▲ $36.471M ▲
Q4-2024 $93.62K ▼ $39.708M ▲ $3.381M ▲ $36.327M ▼
Q3-2024 $225.472K $39.046M $2.701M $36.345M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $421.741K ▲ $28.61K ▲ $23.753M ▲ $-23.753M ▼ $-12.333K ▼ $28.61K ▲
Q2-2025 $-325.483K ▼ $-1.926K ▲ $-2.577M ▼ $2.577M ▲ $-1.926K ▲ $-42.869K ▼
Q1-2025 $143.915K ▲ $-41.019K ▲ $-375K $375K $-41.019K ▲ $-41.019K ▲
Q4-2024 $-18.248K ▼ $-131.852K ▼ $-375K ▼ $375K ▲ $-131.852K ▼ $-131.852K ▼
Q3-2024 $583.557K $-76 $23.678M $-23.678M $-76 $-76

Five-Year Company Overview

Income Statement

Income Statement Bayview Acquisition is essentially a blank-check company, so its income statement is not reflective of a normal operating business. It shows no meaningful revenue and no real operating activity. Any reported earnings per share come mainly from accounting items around its cash and trust structure, not from selling products or services. Until the merger with Oabay closes and the combined company starts reporting, the income statement mostly just tells you that Bayview is a vehicle waiting to acquire a business rather than a company with its own ongoing operations.

Balance Sheet

Balance Sheet The balance sheet is very simple and very small. Assets and equity are modest, and there is effectively no debt, which means there is little financial leverage but also no operating asset base yet. Most of the value sits in cash-like holdings and the legal structure of the SPAC itself, not in factories, technology, or customers. This is typical for a shell company: the balance sheet is clean but not very informative about long-term earning power, because the economic story depends almost entirely on the future merger target rather than Bayview’s current standalone position.

Cash Flow

Cash Flow Cash flow statements are basically flat, with no meaningful operating cash coming in or going out and no real investment spending. That reflects the fact that Bayview is not running a business; it is holding funds and covering minimal administrative costs while pursuing the merger. There is no track record here of generating cash from customers or reinvesting in growth, so any assessment of future cash generation has to be based on Oabay’s business, not on Bayview’s past cash flows.

Competitive Edge

Competitive Edge On its own, Bayview has no operating business and therefore no competitive position in a traditional sense; its role is to bring a private company to the public markets. The relevant competitive story is Oabay’s. Oabay operates in a niche within China’s trade finance and supply chain finance space, with a focus on small and mid-sized businesses that are often underserved by big banks. Its decade-long experience, specialization in trade credit solutions, and relationships in this segment give it a degree of advantage versus generalist banks and newer fintech entrants. At the same time, it operates in a highly competitive, regulated, and fast-evolving financial technology environment, with large banks, other fintech platforms, and regulatory changes all representing ongoing competitive and structural risks.

Innovation and R&D

Innovation and R&D The innovation angle sits almost entirely with Oabay, the proposed merger partner. Oabay’s core offering is a cloud-based platform designed to digitize trade credit and supply chain finance, helping businesses turn invoices into financeable assets and better manage payment risk. Its strengths lie in process automation, data-driven credit assessment for smaller businesses, and specialized tools for monitoring and managing receivables. Public information hints at the use of analytics and scalable cloud infrastructure, with potential to add more advanced technologies like artificial intelligence and possibly blockchain over time, but technical details remain limited. Future value creation will likely depend on how effectively Oabay can keep enhancing its platform, deepen its risk models, expand into more industries and partnerships, and possibly broaden beyond mainland China, all while managing regulatory and credit risks.

Summary

Bayview Acquisition today is essentially a financial shell with a very small, clean balance sheet, no operating revenue, and no meaningful cash flow history. Its standalone financials mainly show that it has not yet begun normal business operations. The real story is the planned merger with Oabay, a Chinese fintech company focused on digitizing trade credit and supply chain finance for smaller and mid-sized enterprises. Oabay brings a decade of operating experience, a specialized niche focus, and a technology-driven platform that aims to make SME financing more efficient and data-driven. If the deal closes as planned, the combined entity will shift from being a passive cash shell to an active trade finance technology business, with opportunities tied to growth in digital finance in China but also exposed to competitive, regulatory, and credit risks. Until then, Bayview’s reported financials mainly reflect its function as a SPAC rather than an operating company.