IBAC

IB Acquisition Corp. is a shell company in the sector of Financial Services, within the industry of Shell Companies. Its market capitalization stands at $60.38 million. The company's financial health indicates low profitability with gross margin, operating margin, and profit margin all being 0.0%. Return on Equity (ROE) is significantly high at 1587.2%, while Return on Assets (ROA) is -0.7%. The balance sheet shows $428,700 in cash and $2,788 in debt. The company's valuation context includes a Price to Book ratio of -88.40 and a net income of $3.42 million. Earnings Growth (YoY) stands at -10.4%, which may be a factor for consideration when evaluating the company's prospects. The current ratio is 0.68, indicating limited liquidity relative to its debt obligations.