Iris Acquisition Corp

Company Profile

Iris Acquisition Corp had its IPO on 2021-05-19 under the ticker symbol IRAAW.

The company operates in the Financial Services sector and Shell Companies industry. Iris Acquisition Corp has a staff strength of 0 employees.

Stock update

Shares of Iris Acquisition Corp opened at $0.05 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.05 - $0.07, and closed at $0.07.

This is a +38% increase from the previous day's closing price.

A total volume of 4,902 shares were traded at the close of the day’s session.

In the last one week, shares of Iris Acquisition Corp have increased by +38%.

Iris Acquisition Corp's Key Ratios

Iris Acquisition Corp has a market cap of $0, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Iris Acquisition Corp’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures Iris Acquisition Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Iris Acquisition Corp’s operating margin was 0% while its return on assets stood at -1.22% with a return of equity of 0%.

In Q2, Iris Acquisition Corp’s quarterly earnings growth was a negative -72.1% while revenue growth was a positive 0%.

Iris Acquisition Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $0 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Iris Acquisition Corp’s profitability.

Iris Acquisition Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Iris Acquisition Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$14.72 million

Total Liabilities

$4.02 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Iris Acquisition Corp ended 2024 with $14.72 million in total assets and $0 in total liabilities. Its intangible assets were valued at $14.72 million while shareholder equity stood at $580043.00.

Iris Acquisition Corp ended 2024 with $0 in deferred long-term liabilities, $4.02 million in other current liabilities, 14531035.00 in common stock, $-14090992.00 in retained earnings and $0 in goodwill. Its cash balance stood at $115176.00 and cash and short-term investments were $115176.00. The company’s total short-term debt was $1,413,720 while long-term debt stood at $0.

Iris Acquisition Corp’s total current assets stands at $183102.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $1256.00 compared to accounts payable of $1.89 million and inventory worth $0.

In 2024, Iris Acquisition Corp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Iris Acquisition Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.07

52-Week High

$0.1469

52-Week Low

$0.0149

Analyst Target Price

$

Iris Acquisition Corp stock is currently trading at $0.07 per share. It touched a 52-week high of $0.1469 and a 52-week low of $0.1469. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.04 and 200-day moving average was $0.07 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.