CoverageForm 410-K10-Q8-K13D13G13F

IXAQ · IX Acquisition Corp. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Income Statement

Line itemQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Revenue----------
Cost of Revenue----------
Gross Profit----------
R&D----------
SG&A----------
Total Operating Expenses---$281.5K-$630.8K$729.7K$880.8K-$169.3K
D&A----------
Operating Income-$177.7K($74.7K)($281.5K)-($630.8K)($729.7K)($880.8K)-($169.3K)
Interest Expense----------
Income Tax----------
Net Income-($770.7K)($516.2K)$242.1K-($280.9K)($1.32M)($721.7K)-$476.8K
EPS - Basic----------
EPS - Diluted----------

Balance Sheet

Line itemQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Cash & Equivalents$179.0K$85.9K$581.8K$3.8K$3.5K$9.0K$7.7K$6.9K$24.3K$10.2K
Accounts Receivable----------
Inventory----------
Accounts Payable$412.9K$300.3K$353.7K$358.2K$421.1K$232.6K$116.3K$207.0K--
Current Assets$379.5K$140.2K$621.4K$44.0K$44.5K$32.2K$53.5K$8.5K$54.3K$31.5K
Total Assets$9.16M$19.99M$20.17M$19.29M$18.99M$32.96M$32.48M$31.94M$31.49M$50.50M
Current Liabilities$7.04M$6.84M$7.55M$6.91M$6.48M$5.82M$5.06M$4.13M$3.15M$2.38M
Long-term Debt----------
Total Liabilities$15.89M$15.69M$15.10M$13.70M$13.65M$13.36M$12.60M$10.74M$9.57M$8.99M
Stockholders' Equity($15.51M)($15.55M)($14.47M)($13.66M)($13.61M)($13.33M)($12.54M)($10.73M)($9.52M)($8.96M)
Retained Earnings($15.51M)($15.55M)($14.48M)($13.66M)($13.61M)($13.60M)($13.32M)($12.00M)($11.28M)($11.70M)

Cash Flow

Line itemQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Operating Cash Flow---($240.8K)---($308.4K)--
Investing Cash Flow---($144.9K)---($150.0K)--
Financing Cash Flow---$385.9K---$441.0K--
CapEx----------
Free Cash Flow----------

Ratios

MetricQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23
Profitability
Gross margin----------
Operating margin----------
EBITDA margin----------
Net margin----------
Free cash flow margin----------
FCF / Net income----------
R&D / Revenue----------
SG&A / Revenue----------
Effective tax rate----------
Return on assets--3.9%-2.6%1.3%--0.9%-4.1%-2.3%-0.9%
Return on equity-5.0%3.6%-1.8%-2.1%10.5%6.7%--5.3%
Return on invested capital----------
Liquidity
Current ratio0.050.020.080.010.010.010.010.000.020.01
Quick ratio0.050.020.080.010.010.010.010.000.020.01
Cash ratio0.030.010.080.000.000.000.000.000.010.00
Leverage
Debt / Equity----------
Debt / Assets----------
Debt / EBITDA----------
Interest coverage----------
Equity multiplier-0.59-1.29-1.39-1.41-1.40-2.47-2.59-2.98-3.31-5.64
Liabilities / Assets1.730.780.750.710.720.410.390.340.300.18
Efficiency
Asset turnover----------
Inventory turnover----------
Days sales outstanding----------
Days inventory outstanding----------
Days payable outstanding----------
Cash conversion cycle----------
Valuation
P / E----------
P / B----------
P / S----------
EV / EBITDA----------
Growth
Revenue growth (YoY)----------
Revenue CAGR (3y)----------
Revenue CAGR (5y)----------
Gross profit growth (YoY)----------
Operating income growth (YoY)--89.8%68.0%--272.5%-223.3%-217.4%-43.7%
Net income growth (YoY)--174.4%60.8%-------75.1%
EPS growth (YoY)----------
EPS CAGR (3y)----------
EPS CAGR (5y)----------
FCF growth (YoY)----------
FCF CAGR (5y)----------
Book value growth (YoY)-14.0%-16.7%-15.4%-27.3%-43.0%-48.7%-50.9%22.5%27.9%33.0%

Peer comparison

Same SIC group: Communications Services, NEC

CompanyRevenue (last FY)Net marginROE
IRDM$871.66M13.1%24.7%
CCOI--319.6%
GOGO$910.49M1.4%12.8%
BZFD$185.27M-31.2%-116.9%
VSAT$4.52B-12.7%-12.6%

Comparing IX Acquisition Corp. against the 5 most active filers in the same SIC group.