IB ACQUISITION CORP Financials
This page shows IB ACQUISITION CORP (IBACR) 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).
Financial Health Signals
We are recalculating IB ACQUISITION CORP's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. 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.
For every $1 of reported earnings, IB ACQUISITION CORP used $0.39 of operating cash (-$1.3M OCF vs $3.4M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
IB ACQUISITION CORP reported $3.4M in net income in fiscal year 2025. This represents an increase of 82.9% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
IB ACQUISITION CORP held $429K in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
None of these metrics is reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
IBACR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| SG&A Expenses | N/A | $749K+42.9% | $524K+7556.0% | $7K |
| Operating Income | N/A | -$749K-42.9% | -$524K-7556.0% | -$7K |
| Interest Expense | N/A | N/A | -$3.0M | N/A |
| Income Tax | N/A | $966K+51.9% | $636K | N/A |
| Net Income | N/A | $3.4M+82.9% | $1.9M+27385.0% | -$7K |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EPS (Diluted).
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
IBACR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Total Assets | $17.1M-85.7% | $119.8M+227861.1% | $53K |
| Current Assets | $1.2M+3.8% | $1.2M+2180.6% | $53K |
| Cash & Equivalents | $429K-47.9% | $823K+1465.7% | $53K |
| Total Liabilities | $17.8M-85.0% | $118.7M+204581.4% | $58K |
| Current Liabilities | $1.8M+153.7% | $722K+1145.5% | $58K |
| Total Equity | -$681K-161.3% | $1.1M+20560.0% | -$5K |
| Retained Earnings | -$682K-161.3% | $1.1M+13277.3% | -$8K |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
IBACR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Operating Cash Flow | -$1.5M | -$1.3M-60.6% | -$821K-396498.6% | -$207 |
| Investing Cash Flow | N/A | N/A | -$115.6M | N/A |
| Financing Cash Flow | N/A | N/A | $117.2M+234232.4% | $50K |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
IBACR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Return on Equity | N/A | 168.0% | N/A |
| Return on Assets | 19.9%+18.4pp | 1.6%+14.6pp | -13.0% |
| Current Ratio | 0.68-1.0x | 1.66+0.8x | 0.91 |
| Debt-to-Equity | N/A | 106.75 | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$681K), which causes debt-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.
Where IB ACQUISITION CORP Ranks
Frequently Asked Questions
Is IB ACQUISITION CORP profitable?
Yes, IB ACQUISITION CORP (IBACR) reported a net income of $3.4M in fiscal year 2025.
What is IB ACQUISITION CORP's operating cash flow?
IB ACQUISITION CORP (IBACR) 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 (IBACR) 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 (IBACR) 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 (IBACR) 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 cash runway?
Based on fiscal year 2025 data, IB ACQUISITION CORP (IBACR) had $429K in cash against an annual operating cash burn of $1.3M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is IB ACQUISITION CORP's debt-to-equity ratio negative or not reported?
IB ACQUISITION CORP (IBACR) has negative shareholder equity of -$681K as of fiscal year 2025, so no debt-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 (IBACR) 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.
Are IB ACQUISITION CORP's earnings high quality?
For every $1 of reported earnings, IB ACQUISITION CORP (IBACR) used $0.39 of operating cash (-$1.3M OCF vs $3.4M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.