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Black Spade Acquisition III Co

BIII

Companies in Blank Checks

Black Spade Acquisition III Co (BIII) — SEC Financial Statements & Analysis

Black Spade Acquisition III Co (BIII) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.

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Financial Statements

Values in Millions ($)
2026-03-31
2025-12-31
2025-09-30
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Common Class B
666
Founder Share
-01
Common Classa Subject To Possible Redemption
0--
Common Classa Not Subject To Possible Redemption
0--
Assets
Prepaid Expense Current
--0
Assets Current
Assets Current
130
Cash
13-
Prepaid Insurance
0--
Deferred Costs
-00
Assets Held In Trust Noncurrent
174--
Assets
17540
Liabilities And Stockhold…
Accrued Liabilities Current
000
Liabilities Current
Liabilities Current
040
Other Liabilities Current
-3-
Notes Payable Current
-00
Liabilities
740
Additional Paid In Capital
-00
Stockholders Equity
Stockholders Equity
-6-00
Retained Earnings Accumulated Deficit
-6-0-0
Liabilities And Stockholders Equity
17540
Common Class A
1700
Related Party
000
Sponsor
000
Preferred Stock Par Or Stated Value Per Share
000
Preferred Stock Shares Authorized
222
Preferred Stock Shares Issued
000
Preferred Stock Shares Outstanding
000

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
20260.51%0.81%-------
2025----0.20%-0.30%-0.30%-0.10%0.10%0.40%

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Performance and Valuation Metrics

Metrics
2026-03-31
2025-12-31
2025-09-30
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Liquidity Ratios
Current Ratio
3.57
0.88
0.07
Quick Ratio
3.57
0.88
0.00
Working Capital
647.07K
-445.07K
-316.88K
Leverage & Debt
Debt to Equity
-1.14
-60.68
138.13
Debt Ratio
0.04
1.02
0.99
Valuation Metrics
P/B
-10.19
-
-
Market Cap
63.47M
-
-
Enterprise Value
62.74M
-
-
Calculated Values
Net Debt
-725.47K
-3.16M
46.95K
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Institutional Ownership

No data available for chart
2026-03-31
163.77%
Inst. Shares: 10,563,278
Shares Outstanding: 6,450,000

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Black Spade Acquisition III Co (BIII) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 50+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.