IB Acquisition Right (IBACR) Financials
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 IBACR SEC filings page.
This page shows IB Acquisition Corp. Right (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.
The reported figures describe a capital-raising vehicle, not an operating business, with obligations shrinking and equity turning negative.
FY2025’s reported net income of$3.4M coexisted with operating cash flow of-$1.3M , so accounting gains did not translate into cash from operations. Because liabilities reached104.0% of assets, the combination points to gains outside ordinary operating activity rather than recurring business cash generation.
From FY2024 to FY2025, total assets fell
Liquidity also weakened: the current ratio moved from 1.7x in FY2024 to 0.7x in FY2025, leaving less current-asset coverage for short-term liabilities. Equity moved from positive
Financial Health Signals
We do not publish a peer-relative financial health score for IB Acquisition Corp. Right, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
IB Acquisition Corp. Right 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. Right 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. Right 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. Right 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. Right repurchased no shares in Q3 2026.
Not reported for Q3 2026.
Not reported for Q3 2026.
IBACR 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 | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $624K+262.6% | $748K+357.6% | $180K+2.0% | $237K+43.1% | $172K+125.5% | $163K-16.0% | $176K+101.7% | $165K |
| Operating Income | -$624Kn/m | -$748Kn/m | -$180Kn/m | -$237Kn/m | -$172Kn/m | -$163Kn/m | -$176Kn/m | -$165K |
| Income Tax | $15K-94.2% | $29K-89.0% | $32K-88.8% | $152K | $263K-16.3% | $263K | $288K | N/A |
| Net Income | -$567K-169.3% | -$640K-177.6% | -$59K-106.5% | $866K-16.4% | $819K-26.5% | $824Kn/m | $907Kn/m | $1.0Mn/m |
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).
IBACR 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 | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| 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.
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. 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 | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| 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.
IBACR 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 | Q4'25Filing | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | N/A | N/A | N/A | N/A | 136.5%+49.3pp | 106.8%+121.2pp | 97.0% | 93.2% |
| Return on Assets | -6.7%-7.3pp | -7.5%-8.2pp | -0.4%-1.1pp | 5.1%+4.2pp | 0.7%-0.3pp | 0.7%+0.8pp | 0.8% | 0.9%+13.6pp |
| 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.
Where IB Acquisition Corp. Right Ranks
Frequently Asked Questions
No, IB Acquisition Corp. Right (IBACR) reported a net loss of $400K over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $3.4M.
IB Acquisition Corp. Right (IBACR) recorded an outflow of $1.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
IB Acquisition Corp. Right (IBACR) had $17.1M in total assets as of fiscal year 2025, including both current and long-term assets.
IB Acquisition Corp. Right (IBACR) had a current ratio of 0.68 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
IB Acquisition Corp. Right (IBACR) had a return on assets of 19.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
At the end of fiscal year 2025, IB Acquisition Corp. Right (IBACR) held $429K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.3M over that year. Dividing the one by the other, the reported balance equals about 4 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
IB Acquisition Corp. Right (IBACR) 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.
IB Acquisition Corp. Right (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.
For every $1 of reported earnings, IB Acquisition Corp. Right (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.