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PLMK

Plum Acquisition Corp. IV

PLMK

Plum Acquisition Corp. IV • NASDAQ
$10.39 ▼ -0.57% (-0.06)
Market Cap $251.88 M
52w High $10.58
52w Low $9.94
Dividend Yield 0%
P/E 0
Volume 465
Outstanding Shares 24.24M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $236K ▼ $1.68M ▲ 0% $90.83 ▲ $0 ▲
Q2-2025 $0 $237.782K ▼ $1.629M ▲ 0% $0.067 ▲ $-237.782K ▲
Q1-2025 $0 $306.345K ▲ $1.182M ▲ 0% $0.049 ▲ $-306.345K ▼
Q4-2024 $0 $18.929 ▼ $-18.929 ▲ 0% $-0.004 ▼ $0 ▲
Q3-2024 $0 $44.788K $-44.788K 0% $-0.002 $-44.788K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $469.208K ▲ $180.106M ▲ $7.349M ▲ $-6.736M ▼
Q2-2025 $375.823K ▼ $178.145M ▲ $7.067M ▼ $171.078M ▲
Q1-2025 $577.442K ▲ $176.532M ▲ $7.084M ▲ $169.448M ▲
Q4-2024 $3.864 ▼ $442.216 ▼ $509.196 ▼ $-66.98 ▲
Q3-2024 $4.767K $384.357K $432.408K $-48.051K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.68M ▲ $-156.615K ▲ $-174.225M ▼ $250K ▲ $93.385K ▲ $-156.615K ▲
Q2-2025 $1.629M ▲ $-201.619K ▲ $174.225M ▲ $0 ▼ $-201.619K ▼ $-201.622K ▲
Q1-2025 $1.182M ▲ $-338.313K ▼ $-174.225M ▼ $175.137M ▲ $573.578K ▲ $-338.313K ▼
Q4-2024 $-18.929 ▲ $0 ▲ $0 $0 ▲ $3.864 ▲ $0 ▲
Q3-2024 $-44.788K $-15.438K $0 $-4.795K $-20.233K $-15.44K

Five-Year Company Overview

Income Statement

Income Statement PLMK currently has no operating business, so its income statement is effectively empty: no revenue, no gross profit, and no earnings from regular operations. Any small amounts that might appear in future filings will likely be related to interest on the cash held in trust and routine SPAC expenses, not from selling products or services. In practical terms, this is a pre-revenue shell whose financial performance will only become meaningful after it completes a merger with an operating company.

Balance Sheet

Balance Sheet As a newly formed SPAC, PLMK’s balance sheet is expected to be dominated by cash raised in its IPO and corresponding equity, with very limited traditional assets like property or equipment. The data shown here are placeholders, but in reality almost all economic substance sits in a trust account for the benefit of shareholders. The structure is simple: cash and trust assets on one side, and shareholder interests and SPAC-related obligations on the other. Until a deal is announced, there is little in the way of traditional business assets, and the key risk is the finite life of the SPAC if no transaction is completed in time.

Cash Flow

Cash Flow PLMK does not generate cash from operations because it has no operating business yet. Cash flows are mainly technical: funds raised in the IPO going into trust, modest cash outflows for search, legal, and administrative costs, and possibly some income from interest on the trust. There is no underlying business engine creating recurring cash at this stage. Future cash-flow quality will depend entirely on the company PLMK eventually acquires and how that business performs.

Competitive Edge

Competitive Edge PLMK’s competitive position is not about products or market share; it is about its ability to source and close an attractive merger in a crowded SPAC and private-equity environment. Its edge comes from the management team’s relationships, deal-making experience, and sector focus on technology and AI-driven businesses. However, many other capital providers are chasing similar targets, and PLMK is under time pressure: if it cannot secure a strong deal before its deadline, it may have to return capital to shareholders and wind down, which is flagged as a going-concern risk.

Innovation and R&D

Innovation and R&D PLMK itself does not conduct research, build technology, or run an R&D program. Its “innovation” story is indirect: it intends to merge with a company that already has strong technological advantages, particularly in areas like artificial intelligence, machine learning, and data-driven software platforms. The team is explicitly aiming for a target with recurring revenues, strong customer stickiness, and a defensible moat. Until a specific target is announced, all innovation potential is theoretical and depends entirely on which company they choose and how innovative that business actually is.

Summary

PLMK is a blank-check company with no current operations, revenues, or products of its own. Its value proposition is essentially a promise: use IPO cash and management expertise to identify and merge with a high-quality, tech-focused private company. Financial statements at this stage are largely mechanical and do not reflect an ongoing business. The main strengths are the sector focus and leadership experience; the main risks are the intense competition for attractive targets, the fixed timeline to complete a deal, and the uncertainty about the quality of any eventual merger partner. The real story will only become clear once PLMK announces a specific transaction and investors can evaluate the underlying operating business.