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MACIU

Melar Acquisition Corp. I Unit

MACIU

Melar Acquisition Corp. I Unit • NASDAQ
$10.79 ▲ 0.00% (+0.00)
Market Cap $237.59 M
52w High $11.02
52w Low $10.07
Dividend Yield 0%
P/E 0
Volume 1
Outstanding Shares 21.38M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $712.021K ▲ $1.11M ▼ 0% $0.05 ▼ $0 ▼
Q2-2025 $0 $233.288K ▲ $1.556M ▼ 0% $0.072 ▼ $1.556M ▼
Q1-2025 $0 $156.948K ▲ $1.58M ▼ 0% $0.073 ▼ $1.58M ▼
Q4-2024 $0 $129.657K ▼ $1.746M ▼ 0% $0.11 ▼ $1.746M ▼
Q3-2024 $0 $130.378K $2.376M 0% $0.15 $2.376M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $170.03M ▲ $173.788M ▲ $10.662M ▲ $-6.617M ▼
Q2-2025 $555.805K ▼ $168.908M ▲ $6.892M ▲ $162.017M ▲
Q1-2025 $693.112K ▼ $167.093M ▲ $6.633M ▼ $160.46M ▲
Q4-2024 $878.254K ▼ $165.522M ▲ $6.641M ▲ $158.88M ▲
Q3-2024 $934.098K $163.745M $6.611M $157.134M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $1.556M ▼ $-137.307K ▲ $-228.079K ▼ $228.079K ▲ $-137.307K ▲ $-137.31K ▲
Q1-2025 $1.58M ▼ $-185.142K ▼ $0 $0 $-185.142K ▼ $-185.142K ▼
Q4-2024 $1.746M ▼ $-55.844K ▲ $0 ▲ $0 ▲ $-55.844K ▲ $-55.844K ▲
Q3-2024 $2.376M ▲ $-103.028K ▲ $-160M $-2.447K ▼ $-103.028K ▼ $-103.028K ▲
Q2-2024 $106.303K $-388.809K $-160M $161.426M $161.037M $-388.809K

Five-Year Company Overview

Income Statement

Income Statement MACIU is still a blank‑check company, so its income statement is basically a placeholder. It has no real revenue or operating activity yet; any reported profit per share is mainly a function of how the SPAC structure is set up and interest on the cash it holds, not from running a business. The real income story will only begin if and when the merger with Everli closes and Everli’s results replace the current shell-company figures.

Balance Sheet

Balance Sheet The balance sheet is simple and typical for a new SPAC. It mostly reflects cash or cash-like assets raised from investors and corresponding shareholder equity, with little or no traditional debt and no operating assets like warehouses or equipment. In other words, MACIU currently looks more like a cash pool waiting to be deployed into the Everli transaction than like an operating company with a complex financial structure.

Cash Flow

Cash Flow Cash flows today are minimal and mostly administrative. There is no meaningful cash coming in from customers or going out for production, marketing, or expansion, because MACIU is not yet running a business. Once the merger happens, the cash flow picture will depend entirely on Everli’s ability to turn its online grocery operations into sustained positive cash generation after covering shopper payments, technology, and logistics costs.

Competitive Edge

Competitive Edge As a SPAC, MACIU’s competitive position is really about its ability to successfully complete the Everli deal rather than compete in a market. The underlying operating story belongs to Everli, which plays in the European online grocery space. There, Everli faces strong competition from large food retailers with their own apps and from quick‑commerce and delivery platforms, but tries to stand out with a marketplace model that leverages existing supermarkets, personal shoppers, and data‑driven personalization. MACIU’s value proposition to investors is essentially a vehicle to access that potential, with typical SPAC risks such as deal uncertainty and possible shareholder redemptions.

Innovation and R&D

Innovation and R&D MACIU itself does not develop products or technology; it exists to acquire a company that does. The innovation engine in this story is Everli. Everli is building an AI‑driven, highly personalized grocery marketplace, using a “Cart Assistant” to predict what customers need, plus advanced logistics that plug into retailers’ systems for real‑time inventory and efficient delivery. It follows an asset‑light model that avoids owning warehouses, relies on a large network of personal shoppers, and offers white‑label e‑grocery solutions for retailers. Future innovation will likely focus on better personalization, broader European coverage, and expanded data and software offerings to retailers and consumer brands.

Summary

MACIU is at a very early stage as a public entity: a recently listed SPAC with no operating business yet and a straightforward balance sheet dominated by cash raised from its IPO. Its future hinges on successfully closing the proposed merger with Everli and on Everli’s execution as a scaled European e‑grocery platform. Everli brings a differentiated, asset‑light, tech‑driven model with strong retailer partnerships and a focus on personalization, but also a history of financial strain and restructuring. The key watch‑points going forward are whether the transaction completes on the expected timeline, how Everli balances aggressive growth with a path to sustainable profitability, and whether its technology and partnerships can carve out a durable position in a highly competitive online grocery market.