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IB Acquisition Corp. Common Stock (IBAC) 10-Year Financial Performance & Capital Metrics

IBAC • • Banking & Credit
Financial ServicesSPACs & Shell CompaniesGeneral Purpose SPACsMulti-Sector General SPACs
AboutIB Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the United States. IB Acquisition Corp. was incorporated in 2020 and is based in Boca Raton, Florida.Show more
  • Net Interest Income $3M
  • Total Revenue $0
  • Net Income $2M +27385.0%
  • Return on Equity 3.14%
  • Net Interest Margin 2.53%
  • Efficiency Ratio -
  • ROA 3.12% +112.6%
  • Equity / Assets 99.4% +1061.3%
  • Book Value per Share 7.56 +2191681.2%
  • Tangible BV/Share 7.56 +2191453.7%
  • Debt/Equity -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Well capitalized: 99.4% equity/assets
  • ✓Trading at only 1.4x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM68.13%

EPS CAGR

10Y-
5Y-
3Y-
TTM70.08%

ROCE

10Y Avg-21.01%
5Y Avg-21.01%
3Y Avg-21.01%
Latest-0.88%

Peer Comparison

Multi-Sector General SPACs
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
Famous Investor Metrics
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
JACSJackson Acquisition Company II249.6M10.47811.6322.39%0.00
MLACMountain Lake Acquisition Corp.248.05M10.42728.670.4%
ALDFAldel Financial II Inc.249.28M10.52166.640%0%
BEAGBold Eagle Acquisition Corp.279.11M10.67158.541.63%0.00
MBAVM3-Brigade Acquisition V Corp. Class A Ordinary shares305.61M10.6370.871.86%
ANSCAgriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares369.06M11.21592.46%0%0.00
POLEAndretti Acquisition Corp. II250.67M10.5558.611.35%
FTWEQV Ventures Acquisition Corp.377.93M10.5545.871.99%

Profit & Loss

Sep 2022Sep 2023Sep 2024
Net Interest Income+003.03M
NII Growth %---
Net Interest Margin %---
Interest Income003.03M
Interest Expense000
Loan Loss Provision000
Non-Interest Income+00-3.03M
Non-Interest Income %---
Total Revenue+000
Revenue Growth %---
Non-Interest Expense5786.84K523.97K
Efficiency Ratio---
Operating Income+-580-6.84K-523.97K
Operating Margin %---
Operating Income Growth %--10.8%-75.56%
Pretax Income+-578-6.84K2.5M
Pretax Margin %---
Income Tax+00635.51K
Effective Tax Rate %---
Net Income+-578-6.84K1.87M
Net Margin %---
Net Income Growth %--10.84%273.85%
Net Income (Continuing)-578-6.84K1.87M
EPS (Diluted)+0.00-0.000.12
EPS Growth %---
EPS (Basic)0.00-0.000.12
Diluted Shares Outstanding15.75M15.75M15.75M

Balance Sheet

Sep 2022Sep 2023Sep 2024
Cash & Short Term Investments+2.76K52.55K822.8K
Cash & Due from Banks2.76K52.55K822.8K
Short Term Investments000
Total Investments+00118.6M
Investments Growth %---
Long-Term Investments00118.6M
Accounts Receivables000
Goodwill & Intangibles+---
Goodwill000
Intangible Assets000
PP&E (Net)000
Other Assets000
Total Current Assets2.76K52.55K1.2M
Total Non-Current Assets00118.6M
Total Assets+2.76K52.55K119.8M
Asset Growth %-18.04%2278.61%
Return on Assets (ROA)-0.21%-0.25%0.03%
Accounts Payable000
Total Debt+000
Net Debt-2.76K-52.55K-822.8K
Long-Term Debt000
Short-Term Debt000
Other Liabilities00117.97M
Total Current Liabilities1.35K57.99K722.23K
Total Non-Current Liabilities00117.97M
Total Liabilities1.35K57.99K722.23K
Total Equity+1.41K-5.43K119.08M
Equity Growth %--4.85%21914.54%
Equity / Assets (Capital Ratio)---
Return on Equity (ROE)-0.41%-0.03%
Book Value per Share0.00-0.007.56
Tangible BV per Share---
Common Stock324324117.97M
Additional Paid-in Capital2.68K2.68K0
Retained Earnings-1.59K-8.43K1.11M
Accumulated OCI000
Treasury Stock000
Preferred Stock000

Cash Flow

Sep 2022Sep 2023Sep 2024
Cash from Operations+-128-207-820.96K
Operating CF Growth %--0.62%-3964.99%
Net Income-578-6.84K1.87M
Depreciation & Amortization000
Deferred Taxes000
Other Non-Cash Items00-3.03M
Working Capital Changes4506.64K338.53K
Cash from Investing+00-115.58M
Purchase of Investments000
Sale/Maturity of Investments000
Net Investment Activity---
Acquisitions000
Other Investing00-115.58M
Cash from Financing+050K117.17M
Dividends Paid000
Share Repurchases000
Stock Issued050K117.66M
Net Stock Activity---
Debt Issuance (Net)000
Other Financing050K-488.8K
Net Change in Cash+-12849.79K770.25K
Exchange Rate Effect000
Cash at Beginning2.89K2.76K52.55K
Cash at End2.76K52.55K822.8K
Interest Paid000
Income Taxes Paid000
Free Cash Flow+-128-207-820.96K
FCF Growth %--0.62%-3964.99%

Banking Ratios

Metric202220232024
Return on Equity (ROE)-40.99%-3.14%
Return on Assets (ROA)-20.94%-24.75%3.12%
Net Interest Margin0%0%2.53%
Equity / Assets51.09%-10.34%99.4%
Book Value / Share0-07.56

Frequently Asked Questions

Valuation & Price

IB Acquisition Corp. Common Stock (IBAC) has a price-to-earnings (P/E) ratio of 87.9x. This suggests investors expect higher future growth.

Growth & Financials

IB Acquisition Corp. Common Stock (IBAC) grew revenue by 0.0% over the past year. Growth has been modest.

Yes, IB Acquisition Corp. Common Stock (IBAC) is profitable, generating $3.6M in net income for fiscal year 2024.

Dividend & Returns

IB Acquisition Corp. Common Stock (IBAC) has a return on equity (ROE) of 3.1%. This is below average, suggesting room for improvement.

Industry Metrics

IB Acquisition Corp. Common Stock (IBAC) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.

IB Acquisition Corp. Common Stock (IBAC) has an efficiency ratio of 0.0%. This is excellent, indicating strong cost control.

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