IB Acquisition (IBAC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IBAC SEC filings page.
This page shows IB Acquisition Corp. (IBAC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The acquisition vehicle’s reported scale shrank sharply, while 2025 liabilities exceeded assets and short-term obligations exceeded current resources.
From FY2024 to FY2025, total assets fell85.7% while total liabilities fell85.0% , yet the balance-sheet contraction did not restore positive equity. Equity moved from$1.11M to-$681K , showing that the vehicle’s smaller reported scale still left liabilities above recorded assets.
Reported net income increased
Current liabilities rose
Financial Health Signals
IB Acquisition Corp. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
IB Acquisition Corp. passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Key Financial Metrics
Earnings & Revenue
IB Acquisition Corp. reported a net loss of $567K in Q3 2026. This represents a decrease of 169.3% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
Cash & Balance Sheet
IB Acquisition Corp. held $30K in cash as of Q3 2026; no long-term debt figure is on record for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
None of these metrics is reported for Q3 2026.
Capital Allocation
IB Acquisition Corp. repurchased no shares in Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
IBAC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $624K+262.6% | $748K+357.6% | $180K+2.0% | N/A | $172K+125.5% | $163K-16.0% | $176K+101.7% | N/A |
| Operating Income | -$624Kn/m | -$748Kn/m | -$180Kn/m | N/A | -$172Kn/m | -$163Kn/m | -$176Kn/m | N/A |
| Income Tax | $15K-94.2% | $29K-89.0% | $32K-88.8% | N/A | $263K-16.3% | $263K | $288K | N/A |
| Net Income | -$567K-169.3% | -$640K-177.6% | -$59K-106.5% | N/A | $819K-26.5% | $824Kn/m | $907Kn/m | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
IBAC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.5M-93.0% | $8.5M-93.0% | $16.4M-86.4% | $17.1M-85.7% | $122.2M+3.2% | $121.2M+3.3% | $120.8M | $119.8M+227861.1% |
| Current Assets | $257K-58.8% | $288K-66.7% | $362K-69.2% | $1.2M+3.8% | $623K-49.6% | $865K-48.8% | $1.2M | $1.2M+2180.6% |
| Cash & Equivalents | $30K-93.8% | $5K-99.3% | $165K-81.8% | $429K-47.9% | $486K-44.6% | $627K-62.2% | $910K | $823K+1465.7% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0 | $0n/m |
| Total Liabilities | $10.8M-91.1% | $10.2M-91.6% | $17.3M-85.6% | $17.8M-85.0% | $121.6M+3.8% | $120.4M+3.9% | $119.9M | $118.7M+204581.4% |
| Current Liabilities | N/A | $1.8M+418.0% | $1.2M+37.3% | $1.8M+153.7% | $549K+55.8% | $355K+5.5% | $846K | $722K+1145.5% |
| Non-Current Liabilities | N/A | $8.3M-93.1% | $16.1M-86.5% | $16.0M-86.5% | $121.0M+3.7% | $120.0M+3.9% | $119.0M | $118.0Mn/m |
| Total Equity | -$2.3M-485.6% | -$1.7M-318.7% | -$861K-192.1% | -$681K-161.3% | $600K-53.1% | $772K-43.0% | $935Kn/m | $1.1Mn/m |
| Retained Earnings | -$2.3M-485.9% | -$1.7M-318.9% | -$862K-192.2% | -$682K-161.3% | $599K-27.2% | $771Kn/m | $935K | $1.1Mn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
IBAC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$474Kn/m | -$266Kn/m | -$1.1Mn/m | -$57Kn/m | -$141Kn/m | -$744Kn/m | -$375Kn/m | -$54Kn/m |
| Investing Cash Flow | $0n/m | N/A | N/A | N/A | $0n/m | $609K | $315K | $0 |
| Financing Cash Flow | $500K | N/A | N/A | N/A | N/A | N/A | $148K-28.0% | $0 |
| Share Buybacks | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.
IBAC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | N/A | N/A | N/A | N/A | 136.5%+49.3pp | 106.8%+121.2pp | 97.0% | N/A |
| Return on Assets | -6.7%-7.3pp | -7.5%-8.2pp | -0.4%-1.1pp | N/A | 0.7%-0.3pp | 0.7%+0.8pp | 0.8% | N/A |
| Current Ratio | N/A | 0.16-2.3x | 0.31-1.1x | 0.68-1.0x | 1.14-2.4x | 2.44-2.6x | 1.39 | 1.66+0.8x |
| Liabilities-to-Equity | N/A | N/A | N/A | N/A | 202.74+111.0x | 155.98+70.3x | 128.18 | 106.75 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$681K), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.68), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| IB Acquisition Corp. IBAC | FY2025 | N/A | $3.4M | N/A | $54.4M | — |
| Range Capital Acquisition Corp. RANG | FY2025 | N/A | $4.0M | N/A | $73.1M | — |
| Melar Acquisition Corp. I Unit MACIU | FY2025 | N/A | $5.5M | N/A | N/A | — |
| RF Acquisition Corp II RFAI | FY2025 | N/A | $3.4M | N/A | $264.7M | — |
| Tavia Acquisition Corp. Unit TAVIU | FY2025 | N/A | $3.6M | N/A | N/A | — |
Where IB Acquisition Corp. Ranks
Frequently Asked Questions
Is IB Acquisition Corp. profitable?
Yes, IB Acquisition Corp. (IBAC) reported a net income of $3.4M in fiscal year 2025.
What is IB Acquisition Corp.'s operating cash flow?
IB Acquisition Corp. (IBAC) recorded an outflow of $1.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are IB Acquisition Corp.'s total assets?
IB Acquisition Corp. (IBAC) had $17.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What is IB Acquisition Corp.'s current ratio?
IB Acquisition Corp. (IBAC) had a current ratio of 0.68 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is IB Acquisition Corp.'s return on assets (ROA)?
IB Acquisition Corp. (IBAC) had a return on assets of 19.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is IB Acquisition Corp.'s P/E ratio?
IB Acquisition Corp. (IBAC) trades at 15.9x earnings, its market capitalization divided by $3.4M net income, FY2025. The market capitalization is $54.4M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is IB Acquisition Corp.'s price-to-sales ratio?
IB Acquisition Corp. (IBAC) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $54.4M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is IB Acquisition Corp.'s debt-to-equity ratio negative or not reported?
IB Acquisition Corp. (IBAC) has negative shareholder equity of -$681K as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is IB Acquisition Corp.'s Piotroski F-Score?
IB Acquisition Corp. (IBAC) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.