TVA
TVA
Texas Ventures Acquisition III CorpIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $151.15K ▼ | $-1.2M ▼ | 0% | $-0.04 ▼ | $-151.15K ▲ |
| Q2-2025 | $0 | $236.92K ▲ | $2.94M ▲ | 0% | $0.13 ▲ | $-236.92K ▼ |
| Q1-2025 | $0 | $39.6K | $-39.6K | 0% | $-0.01 | $-39.6K |
What's going well?
The company cut overhead costs by about $86,000 this quarter. No debt or interest expenses means the balance sheet isn't weighed down by loans.
What's concerning?
There is still no revenue, and the company is relying on non-operating income to stay afloat. The big swing from profit to loss shows results are unstable and not from core business activity.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $876.48K ▼ | $231.3M ▲ | $15.15M ▲ | $-14.09M ▼ |
| Q2-2025 | $969.89K ▲ | $229.06M ▲ | $11.72M ▲ | $-10.51M ▼ |
| Q1-2025 | $602.52K ▲ | $1.04M ▲ | $1.1M ▲ | $-59.33K ▼ |
| Q3-2024 | $5.32K ▼ | $62.59K ▼ | $64.04K ▼ | $-1.45K ▼ |
| Q2-2024 | $70K | $106.84K | $92.59K | $14.25K |
What's financially strong about this company?
The company has no debt at all, and almost all assets are in long-term investments, which are less risky than intangibles. Liquidity is very strong, with current assets far exceeding current liabilities.
What are the financial risks or weaknesses?
Shareholder equity is deeply negative and getting worse, which means the company owes more than it owns. Cash is very low and falling, and the company may need to raise more money just to keep going.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-2.86M ▼ | $7.01M ▲ | $-223.46M ▲ | $223.36M ▼ | $-93.41K ▼ | $7.87M ▲ |
| Q2-2025 | $2.94M | $6.3M | $-225.21M | $227.29M | $367.37K | $7.17M |
What's strong about this company's cash flow?
TVA keeps producing steady cash from its operations, even when reporting an accounting loss. Free cash flow is rising and the business isn't relying on outside funding.
What are the cash flow concerns?
The cash balance is low, leaving little room for error if cash flow drops. Some of the cash benefit this quarter came from delaying payments to suppliers, which may not be repeatable.
About Texas Ventures Acquisition III Corp
https://www.texasventures.com/Texas Ventures Acquisition III Corp does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Houston, Texas.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $151.15K ▼ | $-1.2M ▼ | 0% | $-0.04 ▼ | $-151.15K ▲ |
| Q2-2025 | $0 | $236.92K ▲ | $2.94M ▲ | 0% | $0.13 ▲ | $-236.92K ▼ |
| Q1-2025 | $0 | $39.6K | $-39.6K | 0% | $-0.01 | $-39.6K |
What's going well?
The company cut overhead costs by about $86,000 this quarter. No debt or interest expenses means the balance sheet isn't weighed down by loans.
What's concerning?
There is still no revenue, and the company is relying on non-operating income to stay afloat. The big swing from profit to loss shows results are unstable and not from core business activity.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $876.48K ▼ | $231.3M ▲ | $15.15M ▲ | $-14.09M ▼ |
| Q2-2025 | $969.89K ▲ | $229.06M ▲ | $11.72M ▲ | $-10.51M ▼ |
| Q1-2025 | $602.52K ▲ | $1.04M ▲ | $1.1M ▲ | $-59.33K ▼ |
| Q3-2024 | $5.32K ▼ | $62.59K ▼ | $64.04K ▼ | $-1.45K ▼ |
| Q2-2024 | $70K | $106.84K | $92.59K | $14.25K |
What's financially strong about this company?
The company has no debt at all, and almost all assets are in long-term investments, which are less risky than intangibles. Liquidity is very strong, with current assets far exceeding current liabilities.
What are the financial risks or weaknesses?
Shareholder equity is deeply negative and getting worse, which means the company owes more than it owns. Cash is very low and falling, and the company may need to raise more money just to keep going.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $-2.86M ▼ | $7.01M ▲ | $-223.46M ▲ | $223.36M ▼ | $-93.41K ▼ | $7.87M ▲ |
| Q2-2025 | $2.94M | $6.3M | $-225.21M | $227.29M | $367.37K | $7.17M |
What's strong about this company's cash flow?
TVA keeps producing steady cash from its operations, even when reporting an accounting loss. Free cash flow is rising and the business isn't relying on outside funding.
What are the cash flow concerns?
The cash balance is low, leaving little room for error if cash flow drops. Some of the cash benefit this quarter came from delaying payments to suppliers, which may not be repeatable.
CEO
Kevin J. McGurn
Compensation Summary
(Year )
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : D+
Price Target
Institutional Ownership
ANSON FUNDS MANAGEMENT LP
Shares:2.2M
Value:$23.06M
TENOR CAPITAL MANAGEMENT CO., L.P.
Shares:1.75M
Value:$18.34M
FIRST TRUST CAPITAL MANAGEMENT L.P.
Shares:1.71M
Value:$17.88M
Summary
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