Ix Acquisition (IXAQF) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Sep 8, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IXAQF SEC filings page.
This page shows Ix Acquisition (IXAQF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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 dominant mechanic is balance-sheet unwinding: assets and liabilities contract while negative equity persists and operating cash flow turns positive.
In FY2025, positive operating cash flow of$596K arrived alongside a net loss of-$842K , so cash generation came from non-earnings movements rather than reported profitability. Across FY2024 and FY2025, investing cash flow stayed positive while financing cash flow stayed negative, consistent with monetizing assets while shrinking the funding base rather than reinvesting in expansion.
Total assets fell from
The current ratio declined from 0.3x in FY2022 to 0.1x in FY2025, showing that contraction did not improve short-term coverage. The company therefore remained reliant on transaction-related or other non-operating cash movements to manage obligations.
Financial Health Signals
Ix Acquisition 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.
Ix Acquisition passes 4 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.
Ix Acquisition reported a net loss of $842K while generating $596K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Ix Acquisition reported $920K in net income in Q2 2026. This represents an increase of 278.2% from the same quarter a year earlier. Against the prior quarter it is down 53.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Ix Acquisition held $104K in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
None of these metrics is reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
IXAQF 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
IXAQF 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $9.6M-52.2% | $9.5M-50.7% | $9.2M-51.8% | $20.0M-39.4% | $20.2M-37.9% | $19.3M-39.6% | $19.0M-39.7% | $33.0M-34.7% |
| Current Assets | $564K-9.2% | $573K+1201.9% | $379K+753.6% | $140K+334.9% | $621K+1060.7% | $44K+419.0% | $44K-18.1% | $32K+2.3% |
| Cash & Equivalents | $104K-82.1% | $373K+9858.7% | $179K+4974.4% | $86K+853.5% | $582K+7500.5% | $4K-45.5% | $4K-85.5% | $9K-12.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $22.5M-34.9% | $23.2M-29.6% | $24.7M-24.3% | $35.5M-23.2% | $34.6M-23.1% | $32.9M-22.8% | $32.6M-20.5% | $46.3M-22.2% |
| Current Liabilities | $7.1M-6.6% | $7.3M+5.4% | $7.0M+8.6% | $6.8M+17.6% | $7.6M+49.4% | $6.9M+67.2% | $6.5M+106.0% | $5.8M+144.1% |
| Non-Current Liabilities | $6.4M-14.8% | $7.0M+2.7% | $8.8M+23.4% | $8.8M+17.3% | $7.5M0.0% | $6.8M+2.8% | $7.2M+11.6% | $7.5M+14.1% |
| Total Equity | -$12.9M+10.8% | -$13.7M-0.2% | -$15.5M-14.0% | -$15.5M-16.7% | -$14.5M-15.4% | -$13.7M-27.3% | -$13.6M-43.0% | -$13.3M-48.7% |
| Retained Earnings | -$12.9M+10.8% | -$13.7M-0.2% | -$15.5M-14.0% | -$15.5M-14.3% | -$14.5M-8.7% | -$13.7M-13.8% | -$13.6M-20.6% | -$13.6M-16.3% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
IXAQF 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 | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$35K-106.6% | $279K+215.7% | $177K+204.9% | $129K+143.9% | $530K+185.3% | -$241K+21.9% | -$169K-11.9% | -$294K-6.8% |
| Investing Cash Flow | -$84K+42.0% | -$84K+42.0% | $11.1M-21.3% | -$145K+3.4% | -$145K+3.4% | -$145K+3.4% | $14.2M-27.8% | -$150K+68.8% |
| Financing Cash Flow | N/A | N/A | -$11.2M+19.8% | -$480K-207.9% | $193K-75.1% | $386K-12.5% | -$14.0M+28.1% | $445K-33.1% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
IXAQF 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$15.5M), 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 (0.05), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Ix Acquisition Ranks
Frequently Asked Questions
Is Ix Acquisition profitable?
No, Ix Acquisition (IXAQF) reported a net income of -$842K in fiscal year 2025.
What is Ix Acquisition's operating cash flow?
Ix Acquisition (IXAQF) generated $596K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ix Acquisition's total assets?
Ix Acquisition (IXAQF) had $9.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Ix Acquisition's current ratio?
Ix Acquisition (IXAQF) had a current ratio of 0.05 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Ix Acquisition's return on assets (ROA)?
Ix Acquisition (IXAQF) had a return on assets of -9.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Ix Acquisition's debt-to-equity ratio negative or not reported?
Ix Acquisition (IXAQF) has negative shareholder equity of -$15.5M 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 Ix Acquisition's Piotroski F-Score?
Ix Acquisition (IXAQF) has a Piotroski F-Score of 4 out of 5 computable signals; 4 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 Ix Acquisition's earnings high quality?
Ix Acquisition (IXAQF) reported a net loss of $842K while generating $596K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.