For the quarter ending 2025-12-31, IBAC made $153,289 in revenue. -$58,902 in net income. Net profit margin of -38.43%.
| Income Statement | 2025-12-31 | 2025-09-30 | ||
|---|---|---|---|---|
| General and administrative expenses | 180,000 | 187,227 | ||
| Loss from operations | -180,000 | -187,227 | ||
| Interest and dividends earned on cash and investments held in trust account | 153,289 | 1,282,678 | ||
| Other income | 153,289 | 1,282,678 | ||
| (loss) income before provision for income taxes | -26,711 | 1,095,451 | ||
| Provision for income taxes | 32,191 | 241,408.75 | ||
| Net (loss) income | -58,902 | 854,042.25 | ||
| Basic net (loss) income per common stock | -0.01 | 0.055 | ||
| Basic weighted average common stock outstanding | 1,490,880 | 2,813,300 | ||
| Diluted net (loss) income per common stock | -0.01 | 0.055 | ||
| Diluted weighted average common stock outstanding | 1,490,880 | 2,813,300 | ||
IB Acquisition Corp. (IBAC)
IB Acquisition Corp. (IBAC)