Event-Driven Stocks

Ace Global Business Acquisition Ltd

Financials · Blank Checks · SEC filings ↗ · Compare ⊕

Signs● 2 good● 1 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20
Revenue————
Operating income−$1.5M−$838,852——
Net income−$227,215$1.1M−$1.0M−$15,806
Total assets$23.4M$49.1M$47.1M$45,000
Total liabilities$7.0M$4.2M$3.3M$35,806
Equity−$6.9M−$4.1M−$3.1M$9,194
EPS (diluted)————
Shares out.3.8M6.1M1.5M1.1M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
—
Net margin
—
Return on equity
3.3%
Return on assets
−1.0%
Return on capital (ROCE)
−8.0%
Liabilities / assets
29.7%
Debt / equity
—
Book value / share
$-1.82
Revenue growth (YoY)
—
Net income growth (YoY)
−121.0%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
-3.83distress
Accruals / assets
4.8%clean
Piotroski F-Score
1/7weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
32
/ 100
Profitability 33Growth 0Catalyst 67Earnings quality 33Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 3 severe● 1 warning● 2 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Negative operating cash flow
  • Conservative leverage (liabilities < 50% of assets)
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Insider transactions

SEC Form 4 · most recent
1 acquisitions3 disposals1 open-market buy(s)net −126,000 shares · last 4
InsiderDateTypeSharesPrice
Harraden Circle Investments, Llc10% ownerMay 23, 2024Sell50,000$12.10
Polar Asset Management Partners Inc.10% ownerApr 5, 2024J378,900$12.11
Polar Asset Management Partners Inc.10% ownerMay 3, 2023Sell1,100$11.00
Ace Global Investment Ltd10% ownerApr 9, 2021Buy304,000—

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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