1.Sales and profit
See section β- IB Acquisition Corp. made $3.4M of net profit in fiscal 2025.
IBAC Nasdaq Services-Commercial Physical & Biological Research Financials FY2023βFY2025
Last close Β· Oct 23, 2026
$10.86
0.0%Hi! I read IB Acquisition Corp.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Does it make a profit?
$3.4M
Yes. It made $3.4M of profit last year.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days IB Acquisition Corp. did it, and the next one. Share prices often move a lot on those days.
Next results
December 28, 2026
Monday Β· in 64 days
Estimated from the same quarter last year. It will be replaced by the announced date once there is one.
See who else reports that week β| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 14, 2026 | Q3 '26 | During market hours | 10-Q β |
| May 15, 2026 | Q2 '26 | After the market closes | 10-Q β |
| Feb 11, 2026 | Q1 '26 | After the market closes | 10-Q β |
| Dec 29, 2025 | Q4 '25 | After the market closes | 10-K β |
| Aug 13, 2025 | Q3 '25 | After the market closes | 10-Q β |
| May 15, 2025 | Q2 '25 | After the market closes | 10-Q β |
| Feb 13, 2025 | Q1 '25 | After the market closes | 10-Q β |
| Dec 26, 2024 | Q4 '24 | Before the market opens | 10-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Margins, % of revenue
KIRA Β· IB Acquisition Corp. made $3.4M of net profit in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
How much cash comes in, and where does it go?
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
KIRA Β· IB Acquisition Corp. returned $106M to shareholders in fiscal 2025.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably IB Acquisition Corp. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY23 | FY24 | FY25 |
|---|---|---|---|
| Cash and short-term investments | $0.1M | $0.8M | $0.4M |
| Current ratio | 0.9x | 1.7x | 0.7x |
| Quick ratio | 0.9x | 1.7x | 0.7x |
| Total assets | $0.1M | $120M | $17.1M |
| Total liabilities | $0.1M | $0.7M | $1.8M |
| Shareholders' equity | β$0.0M | $1.1M | β$0.7M |
| Net debt (β = net cash) | β | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | β / 3 | β / 5 | β / 5 |
| Accruals ratio | β12.5% | 4.5% | 6.9% |
| Altman Z'' | β2.16 | 1.64 | β1.04 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Income statement | |||
| Operating income | β$0.0M | β$0.5M | β$0.7M |
| Interest expense | β | β$3.0M | β |
| Pretax income | β$0.0M | $2.5M | $4.4M |
| Income tax | β | $0.6M | $1.0M |
| Net income | β$0.0M | $1.9M | $3.4M |
| Cash flow | |||
| Cash from operations | β$0.0M | β$0.8M | β$1.3M |
| Share buybacks | β | β | $106M |
| Dividends and buybacks | β | β | $106M |
| Balance sheet | |||
| Cash and short-term investments | $0.1M | $0.8M | $0.4M |
| Current assets | $0.1M | $1.2M | $1.2M |
| Current liabilities | $0.1M | $0.7M | $1.8M |
| Total assets | $0.1M | $120M | $17.1M |
| Total liabilities | $0.1M | $0.7M | $1.8M |
| Shareholders' equity | β$0.0M | $1.1M | β$0.7M |
| Returns | |||
| Return on capital employed | 125.9% | β0.4% | β4.9% |
| Return on equity | β | 337.6% | 1,587.1% |
| Return on assets | β12.9% | 3.1% | 5.0% |
| Return on tangible equity | β | 168.0% | β |
| Growth | |||
| Net income growth | β | β | 82.9% |
| Financial health | |||
| Current ratio | 0.9x | 1.7x | 0.7x |
| Quick ratio | 0.9x | 1.7x | 0.7x |
| Quality scores | |||
| Altman Z'' | β2.2 | 1.6 | β1.0 |
| Accruals ratio | β12.5% | 4.5% | 6.9% |
Source: SEC EDGAR XBRL filings (CIK 0001998781). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.