| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 0.51 | 142.9% |
| Total Income | 0.51 | 142.9% |
| Expenditure | 5.36 | 1.5% |
| PBT | -5.01 | |
| Net Profit | -5.01 | 3.3% |
| OPM | — | |
| NPM | — | |
| EPS | -3.13 | 328.8% |
Corvex, Inc. Reports Pro Forma Results for Q1 2026 Post-Merger
20 May 2026 · 20 May, 1:37 am
Summary
Corvex, Inc. announced the completion of its acquisition of Corvex Legacy Holdings, Inc. on March 19, 2026. The unaudited pro forma condensed combined financial information reflects the merger as if it occurred on January 1, 2025. Pro forma revenue for the three months ended March 31, 2026, was $3.653 million. The company recorded a net loss of $(15,933) thousand, or $(7.81) per share, for the same period. The merger was accounted for using the acquisition method, resulting in goodwill of $518,263.
Key Highlights
- 1
Corvex, Inc. completed its acquisition of Corvex Legacy Holdings, Inc. on March 19, 2026.
- 2
Pro forma revenue for the three months ended March 31, 2026, was $3.653 million.
- 3
The estimated consideration transferred for the merger was $581,911.
- 4
Goodwill of $518,263 was recorded as a result of the merger.
- 5
Identifiable intangible assets recognized include customer relationships of $5,190 and trade names of $10,210.
- 6
Pro forma net loss for the three months ended March 31, 2026, was $(15,933) thousand, or $(7.81) per share.
Informational and educational content only. Not investment advice.