PMV Consumer Acquisition Corp. Reports Q2 2025 Financial Results with Increased Net Loss

PMV Consumer Acquisition Corp. reported its financial results for the second quarter of 2025, revealing a net loss of $33,354 for the three months ended June 30, 2025, compared to a net loss of $28,356 for the same period in 2024. For the first half of 2025, the company recorded a net loss of $80,668, a decrease from the $105,739 loss reported in the first half of 2024. The company generated interest income of $11,443 and $22,313 for the respective three and six-month periods, which was lower than the previous year's figures of $14,396 and $27,595. General and administrative expenses slightly decreased to $41,207 for the quarter and $95,921 for the half-year, down from $42,920 and $97,697 in 2024.

As of June 30, 2025, PMV Consumer Acquisition Corp. had total assets of $1,098,657, a decrease from $1,125,775 at the end of 2024. The company's cash and cash equivalents stood at $1,085,428, down from $1,113,786 at the end of the previous year. Total liabilities increased to $714,585 from $661,035, primarily due to an increase in accounts payable to related parties, which rose to $572,000 from $512,000. The accumulated deficit also widened to $648,855 from $568,187, reflecting ongoing operational losses.

The company has not yet commenced any operations and continues to focus on identifying potential business opportunities, particularly in the consumer products sector. PMV Consumer Acquisition Corp. has undergone significant organizational changes, including a reverse stock split and a reclassification of its common stock structure, aimed at enhancing liquidity and market price. The company’s stock structure now includes 73,169 shares of Class A common stock and 26,831 shares of Class B convertible common stock.

Looking ahead, PMV Consumer Acquisition Corp. intends to utilize its available cash primarily for identifying and evaluating potential business opportunities, conducting due diligence, and negotiating transactions. The company does not anticipate needing to raise additional funds to meet its operational expenditures but acknowledges that if actual costs exceed estimates, it may require further financing. The ongoing geopolitical tensions and market volatility could also impact the company's search for business opportunities and any potential transactions.