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Infint Acquisition Corporation  (IFINU)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 15
 Employees -
 Revenues (TTM) (Millions $) 5
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Infint Acquisition Corporation
Infint Acquisition Corporation is a special purpose acquisition company (SPAC) that was formed with the purpose of merging or acquiring one or more businesses. It operates as a blank check company, meaning it does not have any operations or assets initially and is solely focused on raising funds through an initial public offering (IPO). Once the IPO is completed and funds are raised, Infint Acquisition Corporation looks for a target company to merge its operations with or acquire. The target company is usually identified based on certain criteria, such as its growth potential, market opportunity, and compatibility with Infint Acquisition Corporation's strategic objectives. Upon completion of the merger or acquisition, the target company becomes a publicly-traded entity, bypassing the traditional IPO process.


   Company Address: 32 Broadway New York 10004 NY
   Company Phone Number: 287-5010   Stock Exchange / Ticker: NYSE IFINU
   IFINU is expected to report next financial results on March 20, 2024.


   

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Infint Acquisition Corporation

Infint Acquisition Corporation Steadily Grows Profits Amidst Revenue Decrease, Shows Promise for Future Expansion

Infint Acquisition Corporation Reports Positive Profits in Latest Financial Period, Despite Decrease in Revenue
Infint Acquisition Corporation, a leading investment firm, has reported a strong revenue improvement of 7879.444% year on year to $1.63 million in its most recent fiscal period. Despite this impressive growth, the company's profits have only turned positive at $0.05.
In comparison to the previous reporting period, the company's earnings per share soared by 86.47% from $0.03 per share. However, revenue decreased by -5.241% from $1.72 million. The company booked bottom-line of $0.998 million in the first quarter of 2023 earnings season, an improvement versus a net loss of $-0.463 million in the same reporting period a year ago.
Despite the decrease in revenue, the company's positive profits and impressive earnings per share improvement indicate strong potential for future growth. Infint Acquisition Corporation is expected to report its next financial results on August 08, 2023.






 

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