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Launch Two Acquisition Corp.(LPBB)Earnings, Financials & Key Ratios
LPBB•NASDAQ•Banking & Credit
$10.62
$289M mkt cap·137.7× P/E·Price updated May 7, 2026
SectorFinancial ServicesIndustrySPACs & Shell CompaniesSub-IndustryGeneralist SPACs and blank checks
AboutLaunch Two Acquisition Corp. focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Oakland, California. Launch Two Acquisition Corp. is a subsidiary of Launch Two Sponsor LLC.Show more
- Net Interest Income$2M
- Total Revenue$0
- Net Income$2M
- Return on Equity0.99%
- Net Interest Margin0.97%
- ROA0.94%
- Equity / Assets95.3%
- Book Value per Share8.21
- Tangible BV/Share8.21
LPBB Key Insights
Launch Two Acquisition Corp. (LPBB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Well capitalized: 95.3% equity/assets
- ✓Trading near 52-week high
- ✓Trading at only 1.3x book value
✗Weaknesses
- ✗Weak 3Y average ROE of 1.0%
- ✗Weak Piotroski F-Score: 3/9
- ✗Weak NIM of 1.0%
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
LPBB Price & Volume
Launch Two Acquisition Corp. (LPBB) stock price & volume — 10-year historical chart
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LPBB Growth Metrics
Launch Two Acquisition Corp. (LPBB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
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Return on Capital
10 Years-0.07%
5 Years-0.07%
3 Years-0.07%
Last Year-0.07%
LPBB Peer Comparison
Launch Two Acquisition Corp. (LPBB) competitors in Generalist SPACs and blank checks — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ACIC | 524.52M | 10.85 | 5.05 | 13.07% | 31.88% | 35.67% | 0.48 | |
 GS | 287.62B | 925.87 | 22.84 | 17% | 12.59% | 5.06 | ||
 MS | 302.59B | 190.18 | 23.92 | 16.83% | 14.57% | 3.42 | ||
 JPM | 825.89B | 306.32 | 15.51 | 14.61% | 16.11% | 2.18 | ||
 EVR | 13.11B | 331.04 | 23.56 | 29.49% | 29.32% | 0.50 | ||
 LAZ | 4.36B | 46.44 | 21.40 | 3.25% | 26.7% | 2.61 | ||
 MC | 4.69B | 63.91 | 21.74 | 26.98% | 37.88% | 0.39 | ||
 TPVG | 242.54M | 5.99 | 4.91 | 36.55% | -3.39% | 1.33 |
Compare LPBB vs Peers
Launch Two Acquisition Corp. (LPBB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LPBB Income Statement
Launch Two Acquisition Corp. (LPBB) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'24 | TTM |
|---|---|---|
| Net Interest Income | 2.28M | 4.83M |
| NII Growth % | - | 0% |
| Net Interest Margin % | 0.97% | 2% |
| Interest Income | 2.28M | 4.83M |
| Interest Expense | 0 | 0 |
| Loan Loss Provision | 0 | 0 |
| Non-Interest Income | -2.28M | -4.83M |
| Non-Interest Income % | - | - |
| Total Revenue | 0▲ 0% | 0▲ 0% |
| Revenue Growth % | - | 0% |
| Non-Interest Expense | 173.19K | 622.35K |
| Efficiency Ratio | - | - |
| Operating Income | -173.19K▲ 0% | -622.35K▲ 0% |
| Operating Margin % | - | - |
| Operating Income Growth % | - | - |
| Pretax Income | 2.22M▲ 0% | 6.85M▲ 0% |
| Pretax Margin % | - | - |
| Income Tax | 0 | 0 |
| Effective Tax Rate % | 0% | 0% |
| Net Income | 2.22M▲ 0% | 6.85M▲ 0% |
| Net Margin % | - | - |
| Net Income Growth % | - | - |
| Net Income (Continuing) | 2.22M | 6.85M |
| EPS (Diluted) | 0.08▲ 0% | 0.30▲ 0% |
| EPS Growth % | - | - |
| EPS (Basic) | 0.08 | - |
| Diluted Shares Outstanding | 27.25M | 23M |
LPBB Balance Sheet
Launch Two Acquisition Corp. (LPBB) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'24 | TTM |
|---|---|---|
| Cash & Short Term Investments | 935.7K | 482.39M |
| Cash & Due from Banks | 935.7K | 500.6K |
| Short Term Investments | 0 | 241.01M |
| Total Investments | 233.54M | 0 |
| Investments Growth % | - | 0% |
| Long-Term Investments | 233.54M | 233.54M |
| Accounts Receivables | 0 | 0 |
| Goodwill & Intangibles | 0 | 0 |
| Goodwill | 0 | 0 |
| Intangible Assets | 0 | 0 |
| PP&E (Net) | 0 | 0 |
| Other Assets | 71.25K | 241.01M |
| Total Current Assets | 1.13M | 645.54K |
| Total Non-Current Assets | 233.61M | 241.01M |
| Total Assets | 234.74M▲ 0% | 241.66M▲ 0% |
| Asset Growth % | - | 294050.45% |
| Return on Assets (ROA) | 0.94% | 2.84% |
| Accounts Payable | 0 | 0 |
| Total Debt | 0 | 0 |
| Net Debt | -935.7K | -500.6K |
| Long-Term Debt | 0 | 0 |
| Short-Term Debt | 0 | 0 |
| Other Liabilities | 10.95M | 10.95M |
| Total Current Liabilities | 91.14K | 156.24K |
| Total Non-Current Liabilities | 10.95M | 10.95M |
| Total Liabilities | 11.04M | 11.11M |
| Total Equity | 223.7M▲ 0% | -10.46M▲ 0% |
| Equity Growth % | - | 1589133.98% |
| Equity / Assets (Capital Ratio) | 95.3% | -4.33% |
| Return on Equity (ROE) | 0.99% | 6.32% |
| Book Value per Share | 8.21 | -0.45 |
| Tangible BV per Share | 8.21 | -0.45 |
| Common Stock | 233.54M | 241.01M |
| Additional Paid-in Capital | 0 | 0 |
| Retained Earnings | -9.84M | -10.46M |
| Accumulated OCI | 0 | 0 |
| Treasury Stock | 0 | 0 |
| Preferred Stock | 0 | 0 |
LPBB Cash Flow Statement
Launch Two Acquisition Corp. (LPBB) cash flow — operating, investing & free cash flow history
| Line item | Dec'24 | TTM |
|---|---|---|
| Cash from Operations | -334 | -334 |
| Operating CF Growth % | - | 0% |
| Net Income | 2.21K | 6.85M |
| Depreciation & Amortization | 0 | 0 |
| Deferred Taxes | 0 | 0 |
| Other Non-Cash Items | -2.3K | -7.36M |
| Working Capital Changes | -248 | 342.4K |
| Cash from Investing | -231.15K | 230.92M |
| Purchase of Investments | -231.15M | 0 |
| Sale/Maturity of Investments | 0 | 0 |
| Net Investment Activity | -231.15M | 0 |
| Acquisitions | 0 | 0 |
| Other Investing | 230.92M | 230.92M |
| Cash from Financing | 232.42K | -232.19M |
| Dividends Paid | 0 | 0 |
| Share Repurchases | 0 | 0 |
| Stock Issued | 232.76M | 0 |
| Net Stock Activity | 232.76M | 0 |
| Debt Issuance (Net) | -342 | -342.92K |
| Other Financing | -232.53M | -464.61M |
| Net Change in Cash | 936▲ 0% | -549.22K▲ 0% |
| Exchange Rate Effect | 0 | 0 |
| Cash at Beginning | 0 | 619.29K |
| Cash at End | 936 | 500.6K |
| Interest Paid | 0 | 0 |
| Income Taxes Paid | 0 | 0 |
| Free Cash Flow | -334▲ 0% | -216.42K▲ 0% |
| FCF Growth % | - | - |
LPBB Banking Ratios
Launch Two Acquisition Corp. (LPBB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | TTM |
|---|---|
| Return on Equity (ROE) | 6.32% |
| Return on Assets (ROA) | 2.84% |
| Net Interest Margin | 2% |
| Equity / Assets | -4.33% |
| Book Value / Share | -0.45 |
| Dividend Payout | 0% |
LPBB SEC Filings & Documents
Launch Two Acquisition Corp. (LPBB) SEC filings — annual & quarterly reports (10-K, 10-Q)
LPBB Frequently Asked Questions
Launch Two Acquisition Corp. (LPBB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Launch Two Acquisition Corp. (LPBB) grew revenue by 0.0% over the past year. Growth has been modest.
Yes, Launch Two Acquisition Corp. (LPBB) is profitable, generating $6.9M in net income for fiscal year 2024.
Dividend & Returns
Launch Two Acquisition Corp. (LPBB) has a return on equity (ROE) of 1.0%. This is below average, suggesting room for improvement.
Industry Metrics
Launch Two Acquisition Corp. (LPBB) has a net interest margin (NIM) of 1.0%. NIM has been under pressure due to interest rate environment.
Launch Two Acquisition Corp. (LPBB) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.
Explore More LPBB
Launch Two Acquisition Corp. (LPBB) financial analysis — history, returns, DCA and operating performance tools
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Revenue History
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Financial Ratios
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Valuation
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