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Legato Merger Corp. III(LEGT)Earnings, Financials & Key Ratios
LEGT•AMEX
$9.42
30.4× P/E·Price updated Jul 2, 2026
SectorFinancial ServicesIndustrySPACs & Shell CompaniesSub-IndustryGeneralist SPACs and blank checks
AboutLegato Merger Corp. III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.Show more
- EBITDA-$1M-54.9%
- Net Income$8M-3.9%
- EPS (Diluted)0.31-3.1%
- ROE3.78%-52.8%
LEGT Price & Volume
Legato Merger Corp. III (LEGT) stock price & volume — 10-year historical chart
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Accounting Distortions Mask Persistent Capital Erosion Risks
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidation and regulatory compliance
Key Thesis Takeaways
- Legato Merger Corp.
- III functions as a pre-combination shell vehicle with zero operational revenue, leaving its valuation entirely dependent on the speculative success of a future business combination.
- The company's financial profile is heavily distorted by non-cash warrant liability revaluations, which have caused equity to swing from $212.8M in 2025Q4 to a negative $6.4M in 2026Q1.
- Investors should remain cautious as the narrowing cash runway of $519.3K significantly limits management's flexibility to navigate the regulatory landscape and secure a viable merger target.
Verdict Logic
the company's cash position has declined from $2.1M in 2024Q1 to $519.3K in 2026Q1, indicating a critical liquidity constraint that increases the risk of a suboptimal liquidation.
LEGT Growth Metrics
Legato Merger Corp. III (LEGT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-21.53%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-22.03%
Return on Capital
10 Years-896.76%
5 Years-896.76%
3 Years-896.76%
Last Year-0.48%
LEGT Recent Earnings
Legato Merger Corp. III (LEGT) EPS & revenue vs analyst estimates — last 2 quarters
Q2 2026Latest
Apr 14, 2026Metric
Actual
Est
EPS
$0.06
—
Rev
—
—
Q1 2026
Feb 10, 2026Metric
Actual
Est
EPS
$0.07
—
Rev
—
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 14, 2026 | $0.06 | — |
| Q1 2026 | Feb 10, 2026 | $0.07 | — |
Based on last 2 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Legato Merger Corp. III (LEGT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $9.42 | $194.81M | 30.39 | — | — | 3.78% | — | |
| $11.35 | $550.07M | 5.28 | 13.07% | 31.34% | 33.02% | — | |
| $1055.29 | $325.03B | 20.56 | -1.38% | 16.31% | 14.31% | — | |
| $222.10 | $350.31B | 21.77 | 11.48% | 15.13% | 16.22% | — | |
| $143.87 | $246.72B | 20.58 | -1.41% | 9.34% | 7.49% | — | |
| $355.48 | $13.75B | 25.30 | 29.49% | 16.3% | 35.52% | — |
Compare LEGT vs Peers
Legato Merger Corp. III (LEGT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LEGT SEC Filings & Documents
Legato Merger Corp. III (LEGT) SEC filings — annual & quarterly reports (10-K, 10-Q)
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LEGT Frequently Asked Questions
Legato Merger Corp. III (LEGT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Is LEGT profitable?
Yes, Legato Merger Corp. III (LEGT) is profitable, generating $7.6M in net income for fiscal year 2025.
Dividend & Returns
What is LEGT's return on equity?
Legato Merger Corp. III (LEGT) has a return on equity (ROE) of 3.8%. This is below average, suggesting room for improvement.
What is Legato Merger Corp. III's free cash flow?
Legato Merger Corp. III (LEGT) had negative free cash flow of $0.9M in fiscal year 2025, likely due to heavy capital investments.