Valuence Merger Corp. I (VMCAF) Operating Expenses (2022 - 2026)
Valuence Merger Corp. I (VMCAF) posted Operating Expenses of $131,802 for Q1 2026, down 52.5% from $277,371 a year earlier but up 21.0% from the prior quarter.
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Analysis
Valuence Merger Corp. I (VMCAF) Operating Expenses (2022 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Operating Expenses at Valuence Merger Corp. I was $449,822, down 60.7% year-over-year; for FY2025, it was $595,391, down 47.0% from FY2024.
- Annual Operating Expenses has declined for three consecutive years, though with a four-year compound annual growth rate of 178.3% (FY2021 to FY2025).
- In prior years, Valuence Merger Corp. I's Operating Expenses was $1.12 million in FY2024 (-19.3%), $1.39 million in FY2023 (-46.8%), $2.62 million in FY2022 and $9,930 in FY2021.
- Quarterly Operating Expenses has run from a low of $82,467 in Q3 2025 to a high of $1.16 million in Q4 2022 over five years.
- On a year-over-year basis, Operating Expenses has declined in each of the last four quarters, with an average decline of 19.1% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2023, with growth of 582.0%; the weakest was Q4 2023, with a decline of 89.3%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $108,937 (Q4 2025), $82,467 (Q3 2025) and $126,616 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 110.43 Bn | 98.52 Bn | - | 599.10 Mn |
| 2 | Intercontinental Exchange | 92.22 Bn | 85.96 Bn | - | 1.28 Bn |
| 3 | Robinhood Markets | 86.78 Bn | 67.81 Bn | - | 734.00 Mn |
| 4 | Nasdaq | 58.09 Bn | 55.52 Bn | 1.50 Bn | 788.00 Mn |
| 5 | Interactive Brokers | 36.85 Bn | 13.96 Bn | - | 440.00 Mn |
| 6 | Cboe Global Markets | 34.46 Bn | 26.11 Bn | 731.60 Mn | 255.60 Mn |
| 7 | Tradeweb Markets | 25.89 Bn | 17.90 Bn | - | 313.68 Mn |
| 8 | LPL Financial Holdings | 25.45 Bn | 20.77 Bn | - | 4.67 Bn |
| 9 | Circle Internet | 21.46 Bn | 15.33 Bn | 288.85 Mn | 254.49 Mn |
| 10 | Valuence Merger Corp. I | 71.53 Mn | 71.53 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 131,802.00 |
| Dec 31, 2025 | 108,937.00 |
| Sep 30, 2025 | 82,467.00 |
| Jun 30, 2025 | 126,616.00 |
| Mar 31, 2025 | 277,371.00 |
| Dec 31, 2024 | 197,382.00 |
| Sep 30, 2024 | 203,143.00 |
| Jun 30, 2024 | 465,800.00 |
| Mar 31, 2024 | 257,469.00 |
| Dec 31, 2023 | 123,998.00 |
| Sep 30, 2023 | 235,620.00 |
| Jun 30, 2023 | 377,790.00 |
| Mar 31, 2023 | 654,675.00 |
| Dec 31, 2022 | 1.16 Mn |
| Sep 30, 2022 | 948,951.00 |
| Jun 30, 2022 | 409,563.00 |
| Mar 31, 2022 | 95,995.00 |
API Access
Valuence Merger Corp. I Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VMCAF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VMCAF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VMCAF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();