Trailblazer Merger Corporation I Class A Common Stock
Trailblazer Merger Corporation I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology industry. Trailblazer Merger Corporation I was incorporated in 2021 and is based in New York, New York.
Trailblazer Merger Corporation I Class A Common Stock (TBMC) - Net Assets
Latest net assets as of September 2025: $-8.02 Million USD
Based on the latest financial reports, Trailblazer Merger Corporation I Class A Common Stock (TBMC) has net assets worth $-8.02 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.10 Million) and total liabilities ($36.12 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-8.02 Million |
| % of Total Assets | -28.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 178019.78 |
Trailblazer Merger Corporation I Class A Common Stock - Net Assets Trend (2021–2024)
This chart illustrates how Trailblazer Merger Corporation I Class A Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Trailblazer Merger Corporation I Class A Common Stock (2021–2024)
The table below shows the annual net assets of Trailblazer Merger Corporation I Class A Common Stock from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.55 Million | -70.87% |
| 2023-12-31 | $70.55 Million | +355968.70% |
| 2022-12-31 | $19.81K | +1797.77% |
| 2021-12-31 | $-1.17K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trailblazer Merger Corporation I Class A Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 608033200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $26.63 Million | 129.59% |
| Other Components | $212.00 | 0.00% |
| Total Equity | $20.55 Million | 100.00% |
Trailblazer Merger Corporation I Class A Common Stock Competitors by Market Cap
The table below lists competitors of Trailblazer Merger Corporation I Class A Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AMAYA Global Holdings Corp
PINK:AYAG
|
$11.26 Million |
|
Goodtech
OL:GOD
|
$11.27 Million |
|
Neurosense Therapeutics Ltd
NASDAQ:NRSN
|
$11.27 Million |
|
Robust Hotels Limited
NSE:RHL
|
$11.27 Million |
|
Frtek Co.Ltd
KQ:073540
|
$11.26 Million |
|
Janison Education Group Ltd
AU:JAN
|
$11.26 Million |
|
Falcon's Beyond Global, Inc. Warrants
NASDAQ:FBYDW
|
$11.24 Million |
|
Logah Technology Corp
TW:3593
|
$11.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trailblazer Merger Corporation I Class A Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,547,892 to 20,552,865, a change of -49,995,027 (-70.9%).
- Net income of 1,728,516 contributed positively to equity growth.
- Share repurchases of 49,774,936 reduced equity.
- Other factors decreased equity by 1,948,607.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.73 Million | +8.41% |
| Share Repurchases | $49.77 Million | -242.18% |
| Other Changes | $-1.95 Million | -9.48% |
| Total Change | $- | -70.87% |
Book Value vs Market Value Analysis
This analysis compares Trailblazer Merger Corporation I Class A Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.05x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.00 | $10.63 | x |
| 2022-12-31 | $0.00 | $10.63 | x |
| 2023-12-31 | $7.82 | $10.63 | x |
| 2024-12-31 | $2.62 | $10.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trailblazer Merger Corporation I Class A Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.35x
- Recent ROE (8.41%) is above the historical average (-2.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.05K |
| 2022 | -20.29% | 0.00% | 0.00x | 15.24x | $-6.00K |
| 2023 | 1.91% | 0.00% | 0.00x | 1.05x | $-5.71 Million |
| 2024 | 8.41% | 0.00% | 0.00x | 1.35x | $-326.77K |
Industry Comparison
This section compares Trailblazer Merger Corporation I Class A Common Stock's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $36,677,338
- Average return on equity (ROE) among peers: -64.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trailblazer Merger Corporation I Class A Common Stock (TBMC) | $-8.02 Million | 0.00% | N/A | $11.26 Million |
| Artius II Acquisition Inc. Class A Ordinary Shares (AACB) | $-60.27K | 0.00% | 0.00x | $198.37 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $205.28 Million |
| Ares Acquisition Corporation II (AACT-UN) | $931.34 Million | 0.00% | 0.08x | $399.77 Million |
| AA Mission Acquisition Corp. (AAM-UN) | $-559.90 Million | 0.00% | 0.00x | $349.76 Million |
| Global Acquisitions Corporation (AASP) | $3.80 Million | -5.26% | 0.34x | $15.42 Million |
| ABV Consulting Inc (ABVN) | $8.75K | -623.31% | 2.50x | $461.96K |
| Atlantic Coastal Acquisition Corp II (ACAB) | $-8.52 Million | 0.00% | 0.00x | $2.44 Million |
| Annabidiol Corp (ACBD) | $-501.57K | 0.00% | 0.00x | $13.62K |
| ACRO Biomedical Co Ltd (ACBM) | $685.87K | -17.12% | 0.46x | $30.04K |
| Huaizhong Health Group Inc (ADAD) | $-19.47K | 0.00% | 0.00x | $3.15K |