The company has failed to generate any revenue across ten consecutive quarters, resulting in persistent operating losses that reached $349.1K in 2025Q2.
| Metric | TTM | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|
| Sales/Revenue | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 71.96M | 31.83M | 25.26M | 20.85M | 14.37M | -3.33M | 6M | 45.65M | 42.2M | 31.72M | 52.2M |
| Gross Margin % | - | - | - | - | - | 88.47% | 48.27% | 45.98% | 27.98% | 15.31% | -4.85% | 11.89% | 100% | 100% | 100% | 100% |
| Gross Profit Growth % | - | - | - | - | -100% | 126.04% | 26.01% | 21.18% | 45.05% | 531.75% | -155.51% | -86.86% | 8.17% | 33.02% | -39.22% | - |
| Operating Expenses | 1.16M | 1.41M | 1.05M | 71.94K | 5.06K | 53.43M | 41.32M | 40.88M | 97.36M | 79.53M | 72.02M | 44.43M | 41.28M | 6K | 4K | 63.62M |
| OpEx % of Revenue | - | - | - | - | - | 65.68% | 62.66% | 74.4% | 130.68% | 84.69% | 104.85% | 88.11% | 90.43% | 0.01% | 0.01% | 121.88% |
| Selling, General & Admin | 1.09M | 1.41M | 1.05M | 71.94K | 5.06K | 6.71M | 5.46M | 5.37M | 6.14M | 5.31M | 4.73M | 4.5M | 4.44M | 6K | 4K | 0 |
| SG&A % of Revenue | - | - | - | - | - | 8.25% | 8.27% | 9.77% | 8.24% | 5.65% | 6.89% | 8.93% | 9.72% | 0.01% | 0.01% | - |
| Research & Development | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -1.16M | -1.41M | -1.05M | -71.94K | -5.06K | 30.06M | 26.11M | 15.2M | -21.25M | 14.79M | -3.8M | 9.65M | 19.12M | -4.64M | -23.67M | -7M |
| Operating Margin % | - | - | - | - | - | 36.96% | 39.59% | 27.66% | -28.52% | 15.76% | -5.53% | 19.15% | 41.88% | -11% | -74.61% | -13.42% |
| Operating Income Growth % | - | -34.8% | -1353.88% | -1322.04% | -100.02% | 15.14% | 71.83% | 171.51% | -243.65% | 489.52% | -139.34% | -49.49% | 511.72% | 80.38% | -237.98% | - |
| EBITDA | 228.11K | 2.82M | 6.07M | 0 | -5.06K | 36.44M | 32.43M | 23.1M | -10.85M | 25.62M | 8.39M | 22.3M | 33.38M | 9.25M | -2.55M | 32.81M |
| EBITDA Margin % | - | - | - | - | - | 44.79% | 49.17% | 42.05% | -14.56% | 27.28% | 12.21% | 44.22% | 73.13% | 21.92% | -8.04% | 62.86% |
| EBITDA Growth % | -94.07% | -53.56% | - | 100% | -100.01% | 12.36% | 40.36% | 313.02% | -142.33% | 205.4% | -62.38% | -33.2% | 260.91% | 462.75% | -107.77% | - |
| D&A (Non-Cash Add-back) | 233.03K | 0 | 0 | 71.94K | 0 | 6.37M | 6.32M | 7.91M | 10.41M | 10.83M | 12.19M | 12.64M | 14.27M | 13.89M | 21.12M | 39.82M |
| EBIT | 343K | 2.82M | 6.07M | -71.94K | -5.06K | -2.43M | -21.04M | 9.71M | -15.68M | 14.76M | 204K | 9.88M | 19.12M | -4.64M | -23.67M | -6.25M |
| Net Interest Income | 1.14M | 4.22M | 1.96K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 1.14M | 4.22M | 1.96K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 4.99M | 4.78M | 4.82M | 5.31M | 6.77M | 6.53M | 6.34M | 7.76M | 0 | 0 | -9.86M |
| Other Income/Expense | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 343K | 2.82M | 6.07M | -71.94K | -5.06K | -7.42M | -25.83M | 4.89M | -20.99M | 7.99M | -6.32M | 3.54M | 11.36M | -4.64M | -23.67M | 3.61M |
| Pretax Margin % | - | - | - | - | - | -9.12% | -39.16% | 8.9% | -28.17% | 8.51% | -9.21% | 7.02% | 24.89% | -11% | -74.61% | 6.91% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 7.14M | 45.64M | 3.63M | -9.25M | 2.86M | -3.62M | 1.09M | 3.98M | -1.86M | -10.09M | -377K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | -96.17% | -176.71% | 74.33% | 44.08% | 35.79% | 57.18% | 30.91% | 34.99% | 39.97% | 42.63% | -10.45% |
| Net Income | -23.37K | 2.82M | 6.07M | -71.94K | -5.06K | -14.56M | -71.46M | 1.25M | -11.74M | 5.13M | -2.71M | 2.45M | 7.39M | -2.79M | -13.58M | 3.98M |
| Net Margin % | - | - | - | - | - | -17.9% | -108.36% | 2.28% | -15.75% | 5.46% | -3.94% | 4.85% | 16.18% | -6.6% | -42.8% | 7.63% |
| Net Income Growth % | -100.61% | -53.56% | 8542.3% | -1322.04% | 99.97% | 79.63% | -5794.26% | 110.69% | -328.84% | 289.4% | -210.67% | -66.87% | 365.02% | 79.48% | -440.92% | - |
| Net Income (Continuing) | 343K | 2.82M | 6.07M | -71.94K | -5.06K | -14.56M | -71.46M | 1.25M | -11.74M | 5.13M | -2.71M | 2.45M | 7.39M | -2.79M | -13.58M | 3.98M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.03 | 0.38 | 1.05 | -0.02 | -0.00 | -5.36 | -26.30 | 0.46 | -4.32 | 1.89 | -1.00 | 0.90 | 2.72 | -1.03 | -5.00 | 1.47 |
| EPS Growth % | -98.79% | -63.81% | 6169.36% | - | 99.98% | 79.62% | -5817.39% | 110.65% | -328.57% | 289% | -211.11% | -66.91% | 364.08% | 79.4% | -440.14% | - |
| EPS (Basic) | - | 0.38 | 1.25 | -0.02 | -0.00 | -5.36 | -26.30 | 0.46 | -4.32 | 1.89 | -1.00 | 0.90 | 2.72 | -1.03 | -5.00 | 1.47 |
| Diluted Shares Outstanding | 797.93K | 7.42M | 5.79M | 4.17M | 3.75M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M |
| Basic Shares Outstanding | 797.93K | 7.42M | 4.86M | 4.17M | 3.75M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M | 2.72M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Imminent Liquidation Deadline
As reported in recent financial filings, ISRL's quarterly SG&A expenses have fluctuated significantly, reaching a peak of $631.8K in 2024Q1 before moderating to $252.9K by 2025Q3, reflecting the inherent unpredictability of maintaining a public shell entity without a finalized business combination or stable operational cost base.
The variability in SG&A suggests that the company is managing professional fees and regulatory compliance costs on a reactive basis. Investors should monitor whether these fluctuations indicate an inability to control overhead as the entity approaches its statutory liquidation deadline.
Based on the provided income statement data, ISRL's net income has shifted from positive figures in 2023 and 2024 to net losses of $364.6K and $420.3K in recent quarters, indicating that the entity is no longer benefiting from the non-operating gains that previously obscured its underlying cash burn.
The transition to consistent net losses highlights the exhaustion of interest-related income or other non-operating tailwinds that previously supported the bottom line. This trend suggests that the company's fiscal position is deteriorating as it continues to consume capital without achieving a successful merger.
According to the company's historical income statements, ISRL has maintained zero revenue across all ten reported quarters, resulting in a persistent operating loss that reached $349.1K in 2025Q2, confirming that the entity lacks any scalable operating leverage prior to a potential business combination.
The absence of revenue generation means that every dollar spent on SG&A directly exacerbates the operating deficit. This structure implies that the company remains entirely dependent on external capital or sponsor support to sustain its existence, as there is no internal mechanism to offset administrative overhead.
With a reported cash balance of only $21,257, as noted in recent company intelligence, ISRL faces a precarious liquidity position that may necessitate immediate sponsor intervention or lead to a forced liquidation, challenging the narrative that the entity retains sufficient runway to secure a high-quality merger target.
The extremely low cash balance relative to historical quarterly burn rates suggests that the company's operational flexibility is severely limited. This warrants further investigation into whether the sponsor is prepared to provide additional capital or if the entity is nearing a terminal event.
Quick answers to the most common questions about buying ISRL stock.
Israel Acquisitions Corp (ISRL) is profitable, generating $2.8M in net income for the fiscal year ending 2024.