Perimeter Acquisition Q2 FY26 net income rises to $1.94 million; operating costs fall to $223,667
PMTR•Going concern warning remains
Management flagged substantial doubt about going concern, citing expected acquisition-related costs and a May 14, 2027 business-combination deadline.
Six-month results and cash position
Six-month net income climbed to $3.43 million, reflecting $4.32 million of Trust Account interest income.
Trust Account cash totaled $252.07 million at June 30, 2026; cash outside the Trust Account was $400,309.
Quarterly net income rises as Trust Account interest increases
Perimeter Acquisition posted net income of $1.94 million for the quarter ended June 30, 2026, up from $874,490 a year earlier.
Interest income on Trust Account cash rose to $2.17 million from $1.3 million, while operating costs fell to $223,667 from $421,818.
