CSIMarket Company Name, Ticker, Customers, else..
 
Ace Global Business Acquisition Limited  (NASDAQ: ACBAU)
Other Ticker:  
 
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial
 
Price: $12.0000 $0.04 0.334%
Day's High: $12.5 Week Perf:
Day's Low: $ 12.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 12.50
Volume (M$): $ 2 52 Wk Avg: $12.00
Open: $12.50 52 Wk Low: $12.00



 Market Capitalization (Millions $) 17
 Shares Outstanding (Millions) 1
 Employees -
 Revenues (TTM) (Millions $) 0
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Ace Global Business Acquisition Limited
Ace Global Business Acquisition Limited is a business acquisition company that specializes in acquiring and merging with global businesses across various sectors. The company aims to create value and growth opportunities for its shareholders through strategic investments and partnerships. Ace Global Business Acquisition Limited focuses on identifying investment opportunities with strong potential for long-term profitability and sustainability.


   Company Address: Rm. 806, 8/F, Tower 2, Lippo Centre, No. 89 Queensway, Admiralty, Hong Kong Admiralty 0
   Company Phone Number: 2151 5198   Stock Exchange / Ticker: NASDAQ ACBAU


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
EQR   -2.74%    
• View Complete Report
   



Ace Global Business Acquisition Limited

Ace Global Business Acquisition Limited Faces Challenging Period with Disturbing 77.634% Revenue Decline in Q3 2023



The Blank Checks company, Ace Global Business Acquisition Limited, recently released its financial interval ending September 30, 2023, and the reported figures have left investors concerned about its future performance. With a disheartening 77.634% decline in revenue to a mere $0.34 million, coupled with an expanded net deficit per share of $-0.18, the company's current situation is far from favorable compared to the previous reporting period.
Comparing the figures to the same period of the previous year, we see a worrying trend. In the prior reporting period, Ace Global Business Acquisition Limited reported a net deficit per share of $-0.08. This means that the company's financial situation has deteriorated, with a loss per share that is now 125% higher.
Ace Global Business Acquisition Limited

Ace Global Business Acquisition Limited Shines, Achieves Unprecedented 382.975% Revenue Growth in Q2 2023

Ace Global Business Acquisition Limited, a prominent player in the Blank Checks industry, recently announced a remarkable increase in revenue of 382.975% year on year to $0.31 million, according to their financial report for the period closing on June 30, 2023. This growth in revenue during the second quarter of 2023 is quite impressive, particularly when compared to the overall business elevation of 16.21% reported by its industry peers in the same period.
In the previous reporting season, Ace Global Business Acquisition Limited had an EPS of $-0.33 per share, but it has shown improvement with an EPS of $0.117 million in the April to June 30, 2023 fiscal period. Additionally, the company's revenue demonstrated growth of 10.961% compared to the previous period, reaching $0.28 million. This positive trend is a significant improvement when compared to a net loss of $-0.164 million reported in the corresponding reporting season a year ago.









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