IX ACQUISITION CORP WTS (IXQWF) 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 IXQWF SEC filings page.
This page shows IX ACQUISITION CORP WTS (IXQWF) 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).
Balance-sheet contraction and financing movements dominate the reported structure, not an operating revenue engine.
The shift from operating cash flow of-$1.39M in FY2024 to$596K in FY2025 occurred alongside operating losses, including-$205K in FY2025, so the cash improvement appears tied more to working-capital or timing effects than to reported profitability. At the same time, investing inflows of$10.7M and financing outflows of-$11.1M in FY2025 helped shrink assets to$9.16M , indicating capital movement rather than business expansion.
Liquidity is structurally tight: current assets of
Negative equity deepened from
Financial Health Signals
IX ACQUISITION CORP WTS 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 CORP WTS 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 CORP WTS 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 CORP WTS 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 CORP WTS 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.
IXQWF 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).
IXQWF 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.
IXQWF 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.
IXQWF 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 CORP WTS Ranks
Frequently Asked Questions
Is IX ACQUISITION CORP WTS profitable?
No, IX ACQUISITION CORP WTS (IXQWF) reported a net income of -$842K in fiscal year 2025.
What is IX ACQUISITION CORP WTS's operating cash flow?
IX ACQUISITION CORP WTS (IXQWF) generated $596K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are IX ACQUISITION CORP WTS's total assets?
IX ACQUISITION CORP WTS (IXQWF) had $9.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What is IX ACQUISITION CORP WTS's current ratio?
IX ACQUISITION CORP WTS (IXQWF) 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 CORP WTS's return on assets (ROA)?
IX ACQUISITION CORP WTS (IXQWF) 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 CORP WTS's debt-to-equity ratio negative or not reported?
IX ACQUISITION CORP WTS (IXQWF) 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 CORP WTS's Piotroski F-Score?
IX ACQUISITION CORP WTS (IXQWF) 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 CORP WTS's earnings high quality?
IX ACQUISITION CORP WTS (IXQWF) 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.