HLXC
HLXC
Helix Acquisition Corp. III Class A Ordinary SharesIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $227.15K ▲ | $840.97K ▲ | 0% | $0.05 ▲ | $-227.15K ▼ |
| Q4-2025 | $0 | $51.48K | $-51.48K | 0% | $-0 | $-51.48K |
What's going well?
The company earned over $1 million in interest income, which more than covered its operating losses. Net income and earnings per share improved sharply compared to last quarter.
What's concerning?
HLXC still has no revenue, and its operating losses are growing. The profit is entirely from interest, not from running a real business, which is a major red flag for long-term investors.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $2.37M | $176.24M | $5.46M | $170.78M |
What's financially strong about this company?
HLXC has no debt, plenty of cash, and a very high ratio of assets to liabilities. The company can easily cover its short-term bills and has no signs of financial stress.
What are the financial risks or weaknesses?
Retained earnings are negative, which means the company has lost money over time. There is also little information about trends or how these numbers have changed.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $840.97K | $-416.18K | $-172.5M | $175.26M | $2.34M | $-416.18K |
What's strong about this company's cash flow?
The company successfully raised $175.75 million in new funding, boosting its cash position. It has no capital spending or debt burden this quarter.
What are the cash flow concerns?
Core operations are losing cash, and the business depends on raising money from investors to survive. Shareholders are being diluted, and the cash balance is low compared to ongoing cash burn.
About Helix Acquisition Corp. III Class A Ordinary Shares
https://www.tradretfs.comHelix Acquisition Corp. III is a blank-check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more operating businesses.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $227.15K ▲ | $840.97K ▲ | 0% | $0.05 ▲ | $-227.15K ▼ |
| Q4-2025 | $0 | $51.48K | $-51.48K | 0% | $-0 | $-51.48K |
What's going well?
The company earned over $1 million in interest income, which more than covered its operating losses. Net income and earnings per share improved sharply compared to last quarter.
What's concerning?
HLXC still has no revenue, and its operating losses are growing. The profit is entirely from interest, not from running a real business, which is a major red flag for long-term investors.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $2.37M | $176.24M | $5.46M | $170.78M |
What's financially strong about this company?
HLXC has no debt, plenty of cash, and a very high ratio of assets to liabilities. The company can easily cover its short-term bills and has no signs of financial stress.
What are the financial risks or weaknesses?
Retained earnings are negative, which means the company has lost money over time. There is also little information about trends or how these numbers have changed.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $840.97K | $-416.18K | $-172.5M | $175.26M | $2.34M | $-416.18K |
What's strong about this company's cash flow?
The company successfully raised $175.75 million in new funding, boosting its cash position. It has no capital spending or debt burden this quarter.
What are the cash flow concerns?
Core operations are losing cash, and the business depends on raising money from investors to survive. Shareholders are being diluted, and the cash balance is low compared to ongoing cash burn.
CEO
Bihua Chen
Compensation Summary
(Year )
Ratings Snapshot
Rating : C