BIII (Black Spade Acquisition III Co) Selling, General, & Admin. Expense: $ Mil (TTM As of Dec. 2025)

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BIII Black Spade Acquisition III Co BIII
8 GF Score
Price $9.95
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What is Black Spade Acquisition III Co Selling, General, & Admin. Expense?

Black Spade Acquisition III Co BIII 8 Selling, General, & Admin. Expense is $ Mil as of Dec. 2025. GuruFocus rates BIII with a GF Score™ of 8/100.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Black Spade Acquisition III Co's selling, general, & admin. expense for the six months ended in Dec. 2025 was $0.00 Mil. Black Spade Acquisition III Co does not have enough years/quarters to calculate its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025.


Black Spade Acquisition III Co  (NYSE:BIII) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Black Spade Acquisition III Co Selling, General, & Admin. Expense Related Terms


Black Spade Acquisition III Co Selling, General, & Admin. Expense Historical Data

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The historical data trend for Black Spade Acquisition III Co's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Black Spade Acquisition III Co Selling, General, & Admin. Expense Chart

Black Spade Acquisition III Co Annual Data
Trend Dec25
Selling, General, & Admin. Expense
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Black Spade Acquisition III Co Semi-Annual Data
Dec25
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BIII vs SVCC, TVIV, IRAB: Selling, General, & Admin. Expense Comparison

For the Shell Companies subindustry, Black Spade Acquisition III Co's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Black Spade Acquisition III Co Selling, General, & Admin. Expense vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Black Spade Acquisition III Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Black Spade Acquisition III Co's Selling, General, & Admin. Expense falls into.


BIII
8GF Score
Black Spade Acquisition III Co BIII
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Spade Acquisition III Co Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

What does a Selling, General, & Admin. Expense of $ Mil mean?
Black Spade Acquisition III Co (BIII) has a Selling, General, & Admin. Expense of $ Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Black Spade Acquisition III Co and its competitors.
Is Black Spade Acquisition III Co's Selling, General, & Admin. Expense too high?
Black Spade Acquisition III Co's current Selling, General, & Admin. Expense is $ Mil. Overall, Black Spade Acquisition III Co has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Black Spade Acquisition III Co's Selling, General, & Admin. Expense compare to SVCC and TVIV?
Black Spade Acquisition III Co's Selling, General, & Admin. Expense of $ Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Diversified Financial Services company?
A good Selling, General, & Admin. Expense depends on the Diversified Financial Services industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Black Spade Acquisition III Co and its competitors. Black Spade Acquisition III Co's current Selling, General, & Admin. Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Spade Acquisition III Co stock overvalued right now?
Black Spade Acquisition III Co (BIII) has a current Selling, General, & Admin. Expense of $ Mil. The current Selling, General, & Admin. Expense is $ Mil. Black Spade Acquisition III Co's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Black Spade Acquisition III Co (BIII), the current Selling, General, & Admin. Expense is $ Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Black Spade Acquisition III Co Business Description

Address 60 Wyndham Street, Suite 2902, 29th Floor, The Centrium, Central, Hong Kong, HKG
Black Spade Acquisition III Co is a blank check company.
8GF Score

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