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DTSQU

DT Cloud Star Acquisition Corporation

DTSQU

DT Cloud Star Acquisition Corporation • NASDAQ
$10.60 ▲ 6.89% (+0.73)
Market Cap $106.62 M
52w High $12.41
52w Low $10.02
Dividend Yield 0%
P/E 0
Volume 40
Outstanding Shares 9.00M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $30K ▼ $582.964K ▼ 0% $-0.019 ▼ $620.138K ▲
Q2-2025 $0 $112.711K ▲ $631.498K ▲ 0% $0.095 $-112.711K ▼
Q1-2025 $0 ▼ $110.859K ▲ $630.284K ▼ 0% ▼ $0.095 ▼ $-110.859K ▼
Q4-2024 $214.722K ▲ $92.229K ▲ $719.493K ▲ 335.081% ▲ $0.24 ▲ $719.493K ▲
Q3-2024 $0 $20K $526.781K 0% $0.11 $-127K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $20.117K ▼ $72.746M ▲ $795.625K ▲ $-736.847K ▼
Q2-2025 $126.055K ▼ $72.124M ▲ $755.851K ▼ $71.368M ▲
Q1-2025 $271.508K ▼ $71.552M ▲ $815.851K ▲ $70.736M ▲
Q4-2024 $411.429K ▼ $70.908M ▲ $801.887K ▲ $70.106M ▲
Q3-2024 $444.85K $70.146M $759.733K $-262.946K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $582.964K ▼ $-105.938K ▲ $0 $0 $-105.938K ▲ $-105.938K ▲
Q2-2025 $631.498K ▲ $-145.453K ▼ $0 $0 $-145.453K ▼ $-145.453K ▼
Q1-2025 $630.284K ▼ $-139.921K ▼ $0 $0 $-139.921K ▼ $-139.921K ▼
Q4-2024 $719.493K ▲ $-33.421K ▼ $0 ▲ $0 ▼ $-33.421K ▼ $-33.421K ▼
Q3-2024 $526.781K $105.484K $-69M $69.339M $444.85K $105.484K

Five-Year Company Overview

Income Statement

Income Statement DT Cloud Star is a pre‑merger SPAC, so its income statement is essentially “empty” in business terms. It has no revenue, no cost of goods, and no operating profit from a real business. Any reported earnings per share movement is mostly an accounting result related to the SPAC structure, not the performance of an operating company. Until a merger target is found and combined, the income statement does not tell you much about underlying business strength, because there is no active business yet.

Balance Sheet

Balance Sheet The balance sheet shows a small base of reported assets and equity at the SPAC level, with no traditional cash, no debt, and no operating assets. In practice, for SPACs like this, the main economic asset is the much larger pool of IPO proceeds held in a separate trust account, which is not fully reflected in simple summary lines. Overall, leverage appears minimal and the structure is clean, but the real balance‑sheet story will only emerge once a merger partner with its own assets and liabilities is identified.

Cash Flow

Cash Flow Cash flow from operations, investing, and capital spending is essentially flat because there is no active business being run. Ongoing cash use is typically limited to modest administrative and deal‑search costs. The main “cash engine” is the capital already raised and parked in trust, rather than money generated by a business. Meaningful cash flow analysis will only become possible after a business combination, when a real operating company sits inside the listed entity.

Competitive Edge

Competitive Edge As a SPAC, DT Cloud Star’s competitive position is about its ability to source and close an attractive deal before its deadline, not about market share or product strength. It competes with many other SPACs and private equity buyers for high‑quality targets. Its edge, if any, comes from its leadership team’s investment background, networks in Asia‑Pacific and technology, and the pool of capital ready to deploy. However, until a specific target is named, its competitive standing is mostly theoretical and tied to management’s reputation rather than a concrete business moat.

Innovation and R&D

Innovation and R&D The company itself does not develop products, technology, or intellectual property, so there is effectively no traditional research and development activity. Any future innovation story will come from the business it chooses to acquire. The new CEO’s history in technology‑focused private equity may tilt the search toward more innovative targets, but at this stage, there is no in‑house R&D and no visible innovation engine to analyze.

Summary

DT Cloud Star Acquisition is a blank‑check company: clean financials, no revenue, no operating business, and capital held in trust from its recent IPO. The key variable is not today’s numbers, but whether management can find and close a compelling merger before its extended deadline. Until a deal is announced, standard metrics like profitability, growth, and innovation do not really apply. The opportunity lies in the potential quality of a future target and the team’s ability to execute; the main risks are deal timing, the chance of an unattractive or failed merger, and the possibility of liquidation if no transaction is completed in time.