IX Acquisition Corp

Company Profile

IX Acquisition Corp had its IPO on 2021-11-30 under the ticker symbol IXAQ.

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

Stock update

Shares of IX Acquisition Corp opened at $10.85 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.85 - $10.85, and closed at $10.85.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of IX Acquisition Corp have increased by 0%.

IX Acquisition Corp's Key Ratios

IX Acquisition Corp has a market cap of $112.99 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.

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

In the trailing 12-month period, IX Acquisition Corp’s operating margin was 0% while its return on assets stood at -0.52% with a return of equity of 0%.

In Q2, IX Acquisition Corp’s quarterly earnings growth was a positive 357.9% while revenue growth was a positive 0%.

IX Acquisition Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

9.2735

PEG

Its diluted EPS in the last 12-months stands at $1.17 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 IX Acquisition Corp’s profitability.

IX 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.

IX 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

$49.55 million

Total Liabilities

$1.91 million

Operating Cash Flow

$188.51 million

Capital Expenditure

$0

Dividend Payout Ratio

0%

IX Acquisition Corp ended 2024 with $49.55 million in total assets and $0 in total liabilities. Its intangible assets were valued at $49.55 million while shareholder equity stood at $41.03 million.

IX Acquisition Corp ended 2024 with $0 in deferred long-term liabilities, $1.91 million in other current liabilities, 49340771.00 in common stock, $-12172274.00 in retained earnings and $0 in goodwill. Its cash balance stood at $100322.00 and cash and short-term investments were $100322.00. The company’s total short-term debt was $689,968 while long-term debt stood at $0.

IX Acquisition Corp’s total current assets stands at $207223.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $152080.00 and inventory worth $0.

In 2024, IX Acquisition Corp's operating cash flow was $188.51 million while its capital expenditure stood at $0.

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

Other key metrics

Current Trading Price

$10.85

52-Week High

$12.15

52-Week Low

$9.92

Analyst Target Price

$

IX Acquisition Corp stock is currently trading at $10.85 per share. It touched a 52-week high of $12.15 and a 52-week low of $12.15. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.71 and 200-day moving average was $10.39 The short ratio stood at 4.31 indicating a short percent outstanding of 0%.

Around 1148.5% of the company’s stock are held by insiders while 23898.6% are held by institutions.