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DRDBW

Roman DBDR Acquisition Corp. II

DRDBW

Roman DBDR Acquisition Corp. II • NASDAQ
$0.69 ▲ 7.88% (+0.05)
Market Cap $15.87 M
52w High $0.69
52w Low $0.61
Dividend Yield 0%
P/E 0
Volume 2.24K
Outstanding Shares 23.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $0 ▼ $1.603M ▲ 0% $0.07 ▲ $0 ▼
Q2-2025 $0 $394.725K ▲ $1.521M ▼ 0% $0.066 ▼ $2.028M ▲
Q1-2025 $0 $341.38K ▲ $2.214M ▲ 0% $0.074 ▲ $-341.38K ▼
Q4-2024 $0 $116.194K ▲ $314.202K ▲ 0% $0.011 ▲ $314.202K ▲
Q3-2024 $0 $90.741K $-90.741K 0% $-0.003 $-90.741K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $323.684K ▼ $239.328M ▲ $239.103M ▲ $225.134K ▼
Q2-2025 $618.822K ▼ $237.013M ▲ $98.519K ▲ $236.915M ▲
Q1-2025 $948.498K ▼ $234.962M ▲ $75.033K ▼ $234.887M ▲
Q4-2024 $1.272M ▲ $202.814M ▲ $301.815K ▲ $202.513M ▲
Q3-2024 $0 $196.421K $287.162K $-90.741K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2025 $2.214M ▲ $-323.43K ▲ $-30.15M ▲ $30.15M ▼ $-323.43K ▼ $-323.43K ▲
Q4-2024 $314.202K ▲ $-411.797K ▼ $-201M ▼ $202.684M ▲ $1.272M ▲ $-411.8K ▼
Q3-2024 $-90.741K $0 $0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement Roman DBDR Acquisition Corp. II is a blank-check company, so its income statement is mostly a formality right now. It has no meaningful revenue, no operating business, and essentially no operating profit or loss beyond routine SPAC expenses. The tiny positive earnings per share figure mainly reflects accounting and capital structure, not a profitable operating company. In practical terms, there is no real income story here until a merger target is identified and combined with the SPAC.

Balance Sheet

Balance Sheet The balance sheet is very simple and typical for a newly formed SPAC. It holds a modest pool of assets, largely reflecting IPO proceeds held in trust, with equity broadly matching those assets and no notable debt. This means the vehicle is essentially a cash shell waiting to deploy funds into a merger. The balance sheet strength or weakness will only become meaningful once a target company is chosen and its assets, liabilities, and capital needs are known.

Cash Flow

Cash Flow Cash flow currently tells the same story as the income statement: there is no active business generating or consuming significant cash, apart from minor administrative costs. Operating cash flow and free cash flow are effectively flat, because the capital raised is being held for a future deal rather than invested in operations. True cash flow dynamics will only become clear after a business combination, when the acquired company’s cash generation or cash burn comes into focus.

Competitive Edge

Competitive Edge As a SPAC, Roman DBDR Acquisition Corp. II does not compete through products or services. Its competitive position rests on the management team’s ability to source and negotiate an attractive deal in the technology space. The SPAC market is crowded, and many others are also chasing cybersecurity, AI, and fintech targets, which can make quality targets harder to secure and potentially raise valuations. Until a specific merger partner is announced, it is difficult to judge its long-term competitive standing, since that will ultimately depend on the strengths and weaknesses of the acquired business.

Innovation and R&D

Innovation and R&D At this stage the company itself does not conduct meaningful research and development, and it has no proprietary technology. All innovation and R&D potential will come from whichever tech-focused company it eventually merges with. Management has signaled an interest in areas like cybersecurity, artificial intelligence, and fintech—fields that are typically rich in innovation—but no concrete pipeline or technology roadmap exists at the SPAC level. Once a target is named, the real assessment will shift to that company’s technology, product roadmap, and ability to sustain an innovation edge.

Summary

Roman DBDR Acquisition Corp. II is essentially a financial shell: no operating business, no real revenue, and a balance sheet that is mostly cash set aside for a future acquisition. The current financial statements mainly confirm that the structure is in place and lightly leveraged, rather than offering insight into ongoing performance. The real story will begin only when a merger partner is announced in the technology arena. From that point, analysis will need to focus on the target’s business model, growth prospects, competitive moat, and cash generation or cash burn. Until then, the main factors are deal risk, timing uncertainty, and the quality of the eventual target in the chosen tech-focused sectors.