Future Vision II Acquisition Corp. FVN
Future Vision II Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company on January 30, 2024 for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a "Business Combination"). We may pursue an acquisition or a business combination with a target in any business or industry that can benefit from the expertise and capabilities of our management team. Our efforts in identifying prospective target businesses will not be limited to a particular geographic region, although we intend to primarily focus on businesses in Asia. We have generated no revenues to date and we do not expect that we will generate operating revenues at the earliest until we consummate our Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| SG&A | $10.0K | $10.0K |
| Total operating expenses | $391.0K | $190.6K |
| Operating income | -$391.0K | -$190.6K |
| Interest expense | $2.4M | $818.2K |
| Pre-tax income | $2.1M | $640.3K |
| Net income | $2.1M | $640.3K |
Balance sheet
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Cash and equivalents | $1.0M | $1.3M |
| Short-term investments | $61.0M | — |
| Total current assets | $62.1M | $1.3M |
| Total assets | $62.1M | $59.9M |
| Accounts payable | — | $75.0K |
| Total current liabilities | $158.0K | $111.3K |
| Total liabilities | $158.0K | $111.3K |
| Total equity | $1.8M | $7.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 |
|---|---|---|
| Operating cash flow | -$307.8K | -$146.5K |
| Investing cash flow | — | -$57.8M |
| Financing cash flow | — | $59.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001829126-26-001993.
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