BLUWW
BLUWW
Blue Water Acquisition Corp IIIIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $423.51K ▲ | $2.29M ▲ | 0% | $0.09 ▲ | $-423.51K ▼ |
| Q2-2025 | $0 | $112.49K ▲ | $444.39K ▲ | 0% | $0.04 ▲ | $-112.49K ▼ |
| Q1-2025 | $0 | $75.82K | $-75.82K | 0% | $-0 | $-75.82K |
What's going well?
The company has enough cash or investments to earn significant interest income, which boosted net profits. No debt or tax burden is weighing down results.
What's concerning?
BLUWW has no revenue or gross profit, and its operating losses are growing. The only profit comes from interest, not from any real business activity, and share dilution is high.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $257.03M ▲ | $257.19M ▲ | $9.15M ▲ | $-8.23M ▼ |
| Q2-2025 | $1.04M ▲ | $254.64M ▲ | $8.88M ▲ | $245.75M ▲ |
| Q1-2025 | $0 ▼ | $132.21K ▼ | $231.58K ▼ | $-99.36K ▲ |
| Q2-2021 | $10.28M ▲ | $28.33M ▲ | $185.74M ▲ | $-354.88M ▼ |
| Q2-2020 | $0 | $62.5K | $38.26K | $24.24K |
What's financially strong about this company?
BLUWW has no debt at all and over $257 million in cash and short-term investments, making it extremely safe. Its assets are all high quality and liquid, with no risky goodwill or hard-to-sell inventory.
What are the financial risks or weaknesses?
The company has negative retained earnings, meaning it has lost money over its history. Also, the recent jump in investments may mean new shareholders were brought in, which could dilute existing owners.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $2.29M ▲ | $-280.44K ▼ | $0 | $0 | $-280.44K ▼ | $-280.44K ▼ |
| Q2-2021 | $0 | $-183.66K | $0 | $0 | $-183.66K | $-183.66K |
What's strong about this company's cash flow?
The company is not taking on new debt and has managed to increase its cash balance compared to the prior period. No capital spending means costs are lean.
What are the cash flow concerns?
Cash burn is rising, profits are not turning into cash, and the business is relying on small stock issuances to stay afloat. The cash balance is shrinking and could run out within a year.
About Blue Water Acquisition Corp III
Blue Water Acquisition Corp III does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2020 and is based in Greenwich, Connecticut.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $423.51K ▲ | $2.29M ▲ | 0% | $0.09 ▲ | $-423.51K ▼ |
| Q2-2025 | $0 | $112.49K ▲ | $444.39K ▲ | 0% | $0.04 ▲ | $-112.49K ▼ |
| Q1-2025 | $0 | $75.82K | $-75.82K | 0% | $-0 | $-75.82K |
What's going well?
The company has enough cash or investments to earn significant interest income, which boosted net profits. No debt or tax burden is weighing down results.
What's concerning?
BLUWW has no revenue or gross profit, and its operating losses are growing. The only profit comes from interest, not from any real business activity, and share dilution is high.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $257.03M ▲ | $257.19M ▲ | $9.15M ▲ | $-8.23M ▼ |
| Q2-2025 | $1.04M ▲ | $254.64M ▲ | $8.88M ▲ | $245.75M ▲ |
| Q1-2025 | $0 ▼ | $132.21K ▼ | $231.58K ▼ | $-99.36K ▲ |
| Q2-2021 | $10.28M ▲ | $28.33M ▲ | $185.74M ▲ | $-354.88M ▼ |
| Q2-2020 | $0 | $62.5K | $38.26K | $24.24K |
What's financially strong about this company?
BLUWW has no debt at all and over $257 million in cash and short-term investments, making it extremely safe. Its assets are all high quality and liquid, with no risky goodwill or hard-to-sell inventory.
What are the financial risks or weaknesses?
The company has negative retained earnings, meaning it has lost money over its history. Also, the recent jump in investments may mean new shareholders were brought in, which could dilute existing owners.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $2.29M ▲ | $-280.44K ▼ | $0 | $0 | $-280.44K ▼ | $-280.44K ▼ |
| Q2-2021 | $0 | $-183.66K | $0 | $0 | $-183.66K | $-183.66K |
What's strong about this company's cash flow?
The company is not taking on new debt and has managed to increase its cash balance compared to the prior period. No capital spending means costs are lean.
What are the cash flow concerns?
Cash burn is rising, profits are not turning into cash, and the business is relying on small stock issuances to stay afloat. The cash balance is shrinking and could run out within a year.
CEO
Joseph Hernandez
Compensation Summary
(Year )
ETFs Holding This Stock
Summary
Showing Top 1 of 1
Ratings Snapshot
Rating : C-