Futurecrest Acquisition Q2 FY26 net income rises to $2.34 million
FCRS•First-half results and cash position
First-half net income was USD 4.03 million on USD 5.14 million of trust-account interest, partly offset by USD 1.13 million in overhead.
Trust-account cash and marketable securities stood at USD 295.45 million, with USD 628,302 held outside the trust.
Management continued evaluating potential targets, while the company flagged substantial doubt about going-concern within one year.
Q2 net income driven by trust-account interest
Futurecrest Acquisition posted Q2 net income of USD 2.34 million, driven by USD 2.59 million of trust-account interest.
General and administrative costs totaled USD 253,334, offsetting smaller USD 5,747 interest income on operating cash.
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