BLUW · Blue Water Acquisition Corp. III - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Price · BLUW
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q4 '24 |
|---|---|---|---|---|---|
| Revenue | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| R&D | - | - | - | - | - |
| SG&A | - | - | $137.7K | $89.3K | - |
| Total Operating Expenses | $353.6K | - | $423.5K | $112.5K | - |
| D&A | - | - | - | - | - |
| Operating Income | ($353.6K) | - | ($423.5K) | ($112.5K) | - |
| Interest Expense | - | - | - | - | - |
| Income Tax | - | - | - | - | - |
| Net Income | $1.92M | - | $2.29M | $444.4K | - |
| EPS - Basic | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q4 '24 |
|---|---|---|---|---|---|
| Cash & Equivalents | $420.4K | $0 | $759.2K | $1.04M | $0 |
| Accounts Receivable | - | - | - | - | - |
| Inventory | - | - | - | - | - |
| Accounts Payable | $28.8K | $71.2K | $42.3K | $9.9K | - |
| Current Assets | $495.8K | $81.1K | $869.1K | $1.08M | - |
| Total Assets | $261.59M | $258.91M | $257.19M | $25.0K | - |
| Current Liabilities | $439.8K | $190.1K | $291.8K | $29.4K | - |
| Long-term Debt | - | - | - | - | - |
| Total Liabilities | $9.79M | $9.05M | $9.15M | $8.88M | - |
| Stockholders' Equity | ($9.28M) | ($8.93M) | ($8.23M) | ($99.4K) | - |
| Retained Earnings | ($9.29M) | ($8.93M) | ($8.23M) | ($7.80M) | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q4 '24 |
|---|---|---|---|---|---|
| Operating Cash Flow | ($79.6K) | - | - | - | - |
| Investing Cash Flow | - | - | - | - | - |
| Financing Cash Flow | $500.0K | - | - | - | - |
| CapEx | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q4 '24 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | - | - | - | - | - |
| Operating margin | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - |
| Return on assets | 0.7% | - | 0.9% | 1777.6% | - |
| Return on equity | -20.7% | - | -27.9% | -447.2% | - |
| Return on invested capital | - | - | - | - | - |
| Liquidity | |||||
| Current ratio | 1.13 | 0.43 | 2.98 | 36.79 | - |
| Quick ratio | 1.13 | 0.43 | 2.98 | 36.79 | - |
| Cash ratio | 0.96 | 0.00 | 2.60 | 35.34 | - |
| Leverage | |||||
| Debt / Equity | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - |
| Interest coverage | - | - | - | - | - |
| Equity multiplier | -28.18 | -28.99 | -31.27 | -0.25 | - |
| Liabilities / Assets | 0.04 | 0.03 | 0.04 | 355.38 | - |
| Efficiency | |||||
| Asset turnover | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - |
| Valuation | |||||
| P / E | - | - | - | - | - |
| P / B | - | - | - | - | - |
| P / S | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - |
| Growth | |||||
| Revenue growth (YoY) | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - |
| Net income growth (YoY) | - | - | - | - | - |
| EPS growth (YoY) | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | - |
Peer comparison
Same SIC group: Blank Checks
Comparing Blue Water Acquisition Corp. III against the 5 most active filers in the same SIC group.