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NOEMR

CO2 Energy Transition Corp.

NOEMR

CO2 Energy Transition Corp. • NASDAQ
$0.18 ▲ 8.59% (+0.02)
Market Cap $1.75 M
52w High $0.20
52w Low $0.18
Dividend Yield 0%
P/E 0
Volume 8
Outstanding Shares 9.58M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $154.489K ▼ $434.805K ▲ 0% $0.05 ▲ $584.006K ▲
Q2-2025 $0 $162.313K ▼ $418.891K ▲ 0% $0.044 ▲ $567.298K ▲
Q1-2025 $0 $170.72K ▼ $406.402K ▲ 0% $0.042 ▲ $555.043K ▲
Q4-2024 $0 $179.154K ▲ $69.617K ▲ 0% $0.008 ▲ $131.743K ▲
Q3-2024 $0 $26.532K $-26.532K 0% $-0.003 $-26.532K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $343.499K ▼ $71.922M ▲ $2.693M ▲ $69.229M ▲
Q2-2025 $469.288K ▼ $71.357M ▲ $2.562M ▲ $68.795M ▲
Q1-2025 $631.409K ▼ $70.907M ▲ $2.531M ▲ $68.376M ▲
Q4-2024 $953.069K ▲ $70.485M ▲ $2.516M ▲ $67.969M ▲
Q3-2024 $2.792K $255.022K $658.852K $-403.83K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $434.805K ▲ $-125.789K ▲ $0 ▼ $0 $-125.789K ▲ $-125.789K ▲
Q2-2025 $418.891K ▲ $-226.329K ▲ $64.208K ▲ $0 $-162.121K ▲ $-226.329K ▲
Q1-2025 $406.402K ▲ $-337.343K ▼ $15.683K ▲ $0 ▼ $-321.66K ▼ $-337.343K ▼
Q4-2024 $69.617K ▲ $-210.644K ▼ $-69M ▼ $70.161M ▲ $950.277K ▲ $-210.644K ▼
Q3-2024 $-26.532K $-18.227K $0 $20.7K $2.473K $-18.227K

Five-Year Company Overview

Income Statement

Income Statement The company is essentially a clean slate from an operating perspective. There is no meaningful revenue yet and no core business running inside the SPAC structure. Past small per‑share losses reflect routine start‑up and listing costs rather than a commercial operation. Until a merger target is announced and completed, the income statement mainly represents organizational and administrative expenses, not ongoing business performance.

Balance Sheet

Balance Sheet The balance sheet is very light and simple, which is typical for an early SPAC. Assets and equity are small and there is no reported debt, meaning the structure is currently ungeared but also very limited in operating resources. The real economic substance will only show up after capital is fully raised and a transaction is executed. For now, the balance sheet mainly reflects a shell company set up to hold cash and eventually merge with a target, not a functioning financial conglomerate.

Cash Flow

Cash Flow Cash flows are effectively flat, with no operating, investing, or financing cash flows of scale yet. This matches the early SPAC stage: little to no cash generated, and very limited spending beyond basic formation and listing activities. In practice, the future merger and any capital raised around that event will drive all meaningful cash inflows and outflows. Until then, cash flow data offers very little insight into long‑term earning power.

Competitive Edge

Competitive Edge As a SPAC, its competitive position depends almost entirely on the quality and connections of the management team rather than on existing products or customers. Here, the team appears heavily specialized in carbon capture, carbon pipelines, and enhanced oil recovery, which gives them a focused edge in a very niche and technical industry. Their network in the CCUS ecosystem—especially in CO2 storage and transportation—may help in sourcing deals that generic SPACs might not see. However, like all SPACs, they compete with many other capital providers chasing a limited number of high‑quality energy transition targets, so execution risk is significant.

Innovation and R&D

Innovation and R&D The company itself is not developing technologies or running laboratories; its “innovation” is strategic rather than technical. The edge lies in deep CCUS expertise, long experience in CO2 projects, and advisory support from well‑known specialists in the field. This should help them evaluate complex technologies and business models in carbon capture, storage, and utilization, and ideally avoid technically weak or over‑hyped targets. Future innovation exposure will be entirely defined by the merger partner they choose—its patents, processes, and development roadmap—rather than by R&D inside the SPAC shell.

Summary

CO2 Energy Transition Corp. is a newly listed SPAC with almost no operating history, no revenue, and a very lean balance sheet, which is normal for this kind of vehicle. Its real value—positive or negative—will hinge on whether it can identify and close a merger with a strong CCUS or energy transition business at a sensible valuation. The main strengths are a management and advisory team deeply rooted in carbon capture and CO2 infrastructure, operating in a sector supported by policy and decarbonization trends. The main risks are typical SPAC challenges: uncertainty about the eventual target, timing pressure to complete a deal, intense competition for attractive companies, and the possibility that the chosen business underdelivers once public. Until a definitive transaction is announced and detailed, financial statements provide limited insight; the story is almost entirely about future execution and sector expertise, not current financial performance.