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MBAVW

M3-Brigade Acquisition V Corp.

MBAVW

M3-Brigade Acquisition V Corp. • NASDAQ
$0.80 ▲ 15.41% (+0.11)
Market Cap $23.00 M
52w High $1.14
52w Low $0.67
Dividend Yield 0%
P/E 0
Volume 1.01K
Outstanding Shares 28.75M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $0 ▼ $-491.393K ▼ 0% $-0.01 ▼ $0 ▲
Q2-2025 $0 $873.724K ▲ $2.184M ▼ 0% $0.061 ▼ $-873.724K ▼
Q1-2025 $0 $171.86K ▲ $2.913M ▼ 0% $0.081 ▼ $-171.86K ▼
Q4-2024 $0 $108.814K ▼ $3.266M ▲ 0% $0.091 ▲ $-108.814K ▲
Q3-2024 $0 $295.128K $2.01M 0% $0.056 $-295.128K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.683M ▲ $305.872M ▲ $19.584M ▲ $-17.661M ▼
Q2-2025 $799.996K ▼ $301.869M ▲ $15.09M ▲ $286.779M ▲
Q1-2025 $818.638K ▼ $298.858M ▲ $14.263M ▲ $284.595M ▲
Q3-2024 $934.287K ▲ $292.626M ▲ $14.209M ▲ $278.416M ▲
Q2-2024 $0 $733.71K $758.184K $-24.474K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $2.419M ▲ $-366.863K ▼ $0 $1.25M ▲ $883.138K ▲ $-366.863K ▼
Q2-2025 $2.184M ▼ $-87.987K ▼ $0 $69.345K ▲ $-18.642K ▼ $-87.987K ▼
Q1-2025 $2.913M ▼ $-2.55K ▲ $0 $0 ▲ $-2.55K ▲ $-2.55K ▲
Q4-2024 $3.266M ▲ $-53.408K ▲ $0 $-59.691K ▼ $-113.099K ▼ $-53.408K ▲
Q3-2024 $2.01M $-449.479K $0 $0 $934.287K $-449.479K

Five-Year Company Overview

Income Statement

Income Statement MBAVW is essentially a blank-check shell today, so its income statement is not meaningful in the way an operating company’s would be. It has no real revenue, no underlying business activity, and only a tiny amount of profit that likely reflects accounting quirks rather than true earnings power. Until the business combination with ReserveOne closes and the new entity starts operating, the current income figures mainly tell you that this is still a pre-business, financial-structure vehicle rather than a functioning company.

Balance Sheet

Balance Sheet The balance sheet is very light, which is typical for a SPAC warrant vehicle. It shows modest assets and equity, with no real operating assets, no debt to speak of, and effectively no meaningful cash in this specific security’s line. In practice, the economic story depends on the larger SPAC structure and trust account, not on this minimal standalone balance sheet. The key point is that there is no mature operating base yet—no plants, no receivables, no broad asset base—just the framework for a future business if and when the merger is completed.

Cash Flow

Cash Flow Cash flows are effectively flat, which fits with a shell entity that has not yet started operations. There is no real cash coming in from customers, no investment in long-term projects, and no noticeable financing activity tied to growth. For now, the cash-flow picture simply reinforces that MBAVW is a financial vehicle awaiting the start of a real business, rather than a company already generating and deploying cash in a meaningful way.

Competitive Edge

Competitive Edge Today, MBAVW itself does not have a competitive position in the usual sense, because it is a SPAC, not an operating business. The future competitive story hinges on ReserveOne, the digital asset management firm it plans to merge with. ReserveOne aims to stand out by offering stock-market access to a professionally managed basket of cryptocurrencies, combined with yield strategies and venture exposure. Its edge is expected to come from its leadership team’s deep experience in both crypto and traditional finance, strong institutional partners, and the credibility of being a regulated, publicly traded vehicle in a space often associated with opaque products. That said, it will be competing in a very crowded and fast-changing digital asset market, where new products, regulations, and rivals appear quickly.

Innovation and R&D

Innovation and R&D Innovation here is less about classic R&D labs and more about financial and product structure. ReserveOne’s model is designed to blend traditional investing with digital assets: a diversified crypto portfolio, yield generation through staking and lending, and a slice of venture-style exposure to blockchain infrastructure. It leans heavily on institutional-grade custody and partnerships, aiming to make crypto exposure feel more familiar and regulated to mainstream investors. The innovative angle is the packaging: turning a complex, highly technical asset class into a single listed stock that can be bought and sold like any other equity. However, this is still a plan, not yet a long operating history, so its real-world execution and durability remain unproven.

Summary

MBAVW, in its current form, is a shell tied to a proposed merger rather than a functioning business with meaningful revenue, assets, or cash flow. Its financial statements mostly confirm that it is still in a pre-operational state. The investment story is really about the anticipated combination with ReserveOne, which aims to create a bridge between traditional stock investing and the digital asset world by offering diversified, actively managed crypto exposure in a regulated, publicly traded format. There are clear opportunities in being an early, institutional-grade player in this space, supported by experienced leadership and strong partners. At the same time, there are significant uncertainties: the merger must close as planned, ReserveOne must execute on its complex strategy, and the company must navigate a volatile crypto market and evolving regulation. Overall, this is a high-concept, early-stage situation where the future operating business—and its risks and potential—matter far more than the current shell’s bare-bones financials.