IPEX
IPEX
Inflection Point Acquisition Corp VIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $859.04K ▲ | $70.89K ▼ | 0% | $0 ▼ | $-859.04K ▼ |
| Q2-2025 | $0 | $46.94K ▲ | $861.51K ▲ | 0% | $0.07 ▲ | $-46.94K ▼ |
| Q1-2025 | $0 | $40.42K ▲ | $379.94K ▲ | 0% | $0.05 ▲ | $-40.42K ▼ |
| Q3-2024 | $0 | $365 | $-365 | 0% | $0 | $-365 |
What's going well?
The company still earns strong interest income, which is keeping it barely profitable at the bottom line. No debt or tax burden provides some breathing room.
What's concerning?
No revenue, exploding operating costs, and profits that rely entirely on non-business activities are major red flags. The core business is losing money at a much faster rate.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $289.58K ▼ | $88.84M ▲ | $4.61M ▲ | $84.23M ▲ |
| Q2-2025 | $496.07K ▼ | $88.13M ▲ | $3.97M ▲ | $84.15M ▲ |
| Q1-2025 | $504.57K | $87.26M | $3.97M | $83.29M |
What's financially strong about this company?
IPEX has very little debt compared to its large asset base, and almost all assets are tangible investments. Shareholder equity is strong and there are no hidden liabilities or goodwill risks.
What are the financial risks or weaknesses?
Cash is running low and current liabilities have soared, so the company may struggle to pay near-term bills. Negative retained earnings show a history of losses, and working capital is under pressure.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $861.51K ▲ | $-12.65K ▲ | $0 ▲ | $4.16K ▼ | $-8.49K ▼ | $-12.65K ▲ |
| Q1-2025 | $379.94K | $-218.3K | $-86.25M | $86.97M | $504.57K | $-218.3K |
What's strong about this company's cash flow?
Cash burn from operations fell dramatically this quarter, showing better cost control or improved collections. The company didn't need to raise much new money, so cash outflows are more manageable for now.
What are the cash flow concerns?
Profits are not turning into cash, and the business still burns money from operations. The company relies on outside funding and has no cash returns for shareholders. If cash burn rises again, the runway could shrink quickly.
About Inflection Point Acquisition Corp V
https://inflectionpoint2023spac.q4web.co...A blank-check (SPAC) company incorporated to effect a business combination; originally named Maywood Acquisition Corp., IPO priced 7.5 m units at US$10 each on Feb 13, 2025.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $859.04K ▲ | $70.89K ▼ | 0% | $0 ▼ | $-859.04K ▼ |
| Q2-2025 | $0 | $46.94K ▲ | $861.51K ▲ | 0% | $0.07 ▲ | $-46.94K ▼ |
| Q1-2025 | $0 | $40.42K ▲ | $379.94K ▲ | 0% | $0.05 ▲ | $-40.42K ▼ |
| Q3-2024 | $0 | $365 | $-365 | 0% | $0 | $-365 |
What's going well?
The company still earns strong interest income, which is keeping it barely profitable at the bottom line. No debt or tax burden provides some breathing room.
What's concerning?
No revenue, exploding operating costs, and profits that rely entirely on non-business activities are major red flags. The core business is losing money at a much faster rate.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $289.58K ▼ | $88.84M ▲ | $4.61M ▲ | $84.23M ▲ |
| Q2-2025 | $496.07K ▼ | $88.13M ▲ | $3.97M ▲ | $84.15M ▲ |
| Q1-2025 | $504.57K | $87.26M | $3.97M | $83.29M |
What's financially strong about this company?
IPEX has very little debt compared to its large asset base, and almost all assets are tangible investments. Shareholder equity is strong and there are no hidden liabilities or goodwill risks.
What are the financial risks or weaknesses?
Cash is running low and current liabilities have soared, so the company may struggle to pay near-term bills. Negative retained earnings show a history of losses, and working capital is under pressure.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $861.51K ▲ | $-12.65K ▲ | $0 ▲ | $4.16K ▼ | $-8.49K ▼ | $-12.65K ▲ |
| Q1-2025 | $379.94K | $-218.3K | $-86.25M | $86.97M | $504.57K | $-218.3K |
What's strong about this company's cash flow?
Cash burn from operations fell dramatically this quarter, showing better cost control or improved collections. The company didn't need to raise much new money, so cash outflows are more manageable for now.
What are the cash flow concerns?
Profits are not turning into cash, and the business still burns money from operations. The company relies on outside funding and has no cash returns for shareholders. If cash burn rises again, the runway could shrink quickly.
CEO
Michael Blitzer
Compensation Summary
(Year )
Ratings Snapshot
Rating : B-