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CUBWW

Lionheart Holdings

CUBWW

Lionheart Holdings • NASDAQ
$0.26 ▲ 30.00% (+0.06)
Market Cap $5.98 M
52w High $0.26
52w Low $0.24
Dividend Yield 0%
P/E 0
Volume 434
Outstanding Shares 23.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $0 ▼ $2.332M ▲ 0% $0.1 ▲ $0 ▲
Q2-2025 $0 $230.165K ▼ $2.248M ▲ 0% $0.098 ▲ $-230.165K ▲
Q1-2025 $0 $248.561K ▲ $2.199M ▼ 0% $0.096 ▲ $-248.561K ▼
Q4-2024 $0 $184.587K ▲ $2.512M ▼ 0% $0.082 ▼ $2.512M ▲
Q3-2024 $0 $177.25K $3.221M 0% $0.11 $-177.25K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $244.125M ▲ $244.253M ▲ $10.072M ▼ $-9.608M ▼
Q2-2025 $241.83M ▲ $242.005M ▲ $10.157M ▲ $231.848M ▲
Q1-2025 $697.678K ▼ $239.713M ▲ $10.112M ▲ $229.6M ▲
Q4-2024 $891.017K ▼ $237.407M ▲ $10.005M ▲ $227.402M ▲
Q3-2024 $1.001M $234.894M $10.004M $224.89M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.332M ▲ $-157.907K ▼ $0 $-75K ▼ $-232.907K ▼ $-157.907K ▼
Q2-2025 $2.248M ▲ $-128.316K ▲ $0 $0 $-128.316K ▲ $-128.316K ▲
Q1-2025 $2.199M ▼ $-193.339K ▼ $0 ▲ $0 ▲ $-193.339K ▼ $-193.339K ▼
Q3-2024 $3.221M ▲ $-139.486K ▲ $-230M ▼ $-38.48K ▼ $-177.966K ▼ $-139.49K ▲
Q2-2024 $129.478K $-370.17K $0 $231.396M $1.025M $-370.17K

Five-Year Company Overview

Income Statement

Income Statement Lionheart Holdings is a SPAC, so its income statement is very simple. It has no real operating business yet and effectively no revenue. The tiny reported profit mainly reflects SPAC structure and financing rather than a true, ongoing business. Until a merger target is announced and closed, the income statement will not tell much about long‑term earnings power or business quality. For now, results are more administrative than operational.

Balance Sheet

Balance Sheet The balance sheet is small and fairly clean, as is typical for a newly listed SPAC. Assets are modest, with equity making up most of the capital and no meaningful debt reported. This suggests low financial leverage at this early stage. However, the current figures do not yet reflect the larger cash pool that would usually sit in a SPAC trust after the full offering process and any redemptions, nor do they reflect the balance sheet of any future merger target.

Cash Flow

Cash Flow Cash flows are essentially flat, with no meaningful operating, investing, or financing cash movements from a real business. This is normal for a SPAC before it completes a transaction. There is no underlying cash‑generating activity yet, so cash‑flow analysis will only become useful once Lionheart merges with an operating company and begins funding growth, covering costs, and potentially generating free cash flow.

Competitive Edge

Competitive Edge As a shell company, Lionheart does not compete through products or services. Its “edge,” if any, comes from its sponsor and management team: their deal networks, ability to find an attractive target, and skill in negotiating and structuring a merger. The SPAC market is crowded and investor appetite for SPAC deals has cooled compared with earlier years, which increases the bar for finding a compelling transaction. Past outcomes of other SPACs backed by similar teams have been mixed, which adds execution risk and makes the eventual choice of target especially important.

Innovation and R&D

Innovation and R&D Lionheart itself is not an operating innovator; it does not run labs, develop technology, or sell products. Its innovation angle will come entirely from whatever company it chooses to acquire. Management has indicated interest in businesses with strong technology or defensible know‑how, potentially in areas tied to their experience such as real estate technology, consumer brands, renewables, or financial technology. Until a specific target is named, there is no concrete R&D story—only a stated preference to pursue a business with proprietary capabilities and room to scale.

Summary

Lionheart Holdings (CUBWW) is an early‑stage SPAC vehicle rather than a traditional operating company. Current financial statements are light, with no real revenue, minimal profit, and a simple, largely unlevered balance sheet—typical for a blank‑check structure. The real story will begin only once a merger partner is announced. At that point, the focus shifts from the shell’s thin financials to the target company’s growth profile, profitability path, cash‑flow potential, and competitive moat. Until then, the main factors to watch are the track record, judgment, and industry networks of the Lionheart team, along with how they navigate a more skeptical, selective SPAC environment.