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Ix Acquisition Corp   (IXAQU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.4500 $-0.61 -5.515%
Day's High: $10.45 Week Perf: -2.7 %
Day's Low: $ 10.45 30 Day Perf: -4.48 %
Volume (M): 0 52 Wk High: $ 12.02
Volume (M$): $ 1 52 Wk Avg: $10.70
Open: $10.45 52 Wk Low: $9.68



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 6
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Ix Acquisition Corp
Ix Acquisition Corp is a blank check company that is focused on acquiring and merging with one or more businesses in the technology, media, and telecommunications sectors. The company was formed with the purpose of conducting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination. Ix Acquisition Corp aims to provide growth opportunities and value creation for its shareholders through its strategic acquisitions.


   Company Address: Arch 124 London 0
   Company Phone Number: 9830450   Stock Exchange / Ticker: NASDAQ IXAQU
   IXAQU is expected to report next financial results on April 16, 2024.


   

Stock Performances by Major Competitors

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Ix Acquisition Corp

Ix Acquisition Corp Demonstrates Resilience with Break-even Results in Challenging Financial Period



Ix Acquisition Corp, a prominent player in the investment market, recently announced its financial results for the period ending on September 30, 2023. Despite a challenging economic environment, the company managed to achieve a break-even position, showcasing its resilience and stability. The results indicate a significant improvement compared to the same period last year.
During the financial period closing September 30, 2023, the company recorded a break-even of $0.00 per share, showing no decline from the previous year's figure and a significant improvement from the previous quarter's $0.28 per share. This development is a positive sign that Ix Acquisition Corp has been able to streamline its operations and reduce expenses effectively.

Ix Acquisition Corp

IX Acquisition Corp's Second Quarter Financial Report Delivers Mixed Results, Operating Deficit of $-0.225714 Million Raises Concerns for Investors


As the earnings season continues for the April to June 30, 2023 period, several entities, including multiple businesses in the Blank Checks sector, have released their financial reports. Among them is IX Acquisition Corp (IXAQU), which disclosed an operating deficit of $-0.225714 million for the second quarter of 2023. This article will delve into the company's recent performance and its potential implications for investors.
Operating Deficit Exceeds Previous Year's Figures: In comparison to the same period last year, IX Acquisition Corp's recent performance on the operating level has been lackluster. Despite being in the progress stage, the company's financial report highlights a noteworthy observation - a significant increase in the operating deficit. This development contrasts unfavorably with expectations and may dampen investors' confidence.

Ix Acquisition Corp

Ix Acquisition Corp Stuns Shareholders with Surprising Operating Deficit Amid 2023's First Quarter!

Ix Acquisition Corp: Expect More Poor Performance Ahead
Ix Acquisition Corp has been experiencing a decline in its financial performance, as evidenced by its first-quarter financial report for 2023. It yielded a return on asset (ROA) of 3.02%, which is below its average return on assets of 3.32%. Furthermore, its ROA decreased relative to the period ending December 31, 2022, due to the decline in net income. Meanwhile, within the Financial sector, 243 other companies had a higher return on assets.
Although its overall ranking for return on assets has advanced in the Mar 31 2023 quarter, so far to 1448 from the total ROA ranking in the fourth quarter of 2022 at 1693, the fact remains that the company's financial performance continues to disappoint. This is particularly troubling considering that the shareholders have not assumed any moderations at the business during the earnings season of the January to March 31, 2023.






 




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