AIB Acquisition Corp
Financials · Blank Checks · E9 · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | −$1.4M | −$824,664 | −$23,277 |
| Net income | −$733,308 | $588,411 | −$23,277 |
| Total assets | $11.5M | $88.6M | $322,117 |
| Total liabilities | $5.3M | $3.2M | $320,394 |
| Equity | −$5.1M | −$3.1M | $1,723 |
| EPS (diluted) | — | — | — |
| Shares out. | — | — | — |
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
- 14.3%
- Return on assets
- −6.4%
- Return on capital (ROCE)
- −15.5%
- Liabilities / assets
- 45.9%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −224.6%
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)
- -4.51distress
- Accruals / assets
- 1.2%clean
- Piotroski F-Score
- 0/6weak
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 ScoreOur 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. What these scores mean →
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- NT 10-Qmissed a reporting deadline ↗May 15, 2024
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| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Aib Llc10% owner | Jan 21, 2022 | Buy | 345,625 | $10.00 |
| Chen Eric Yi-ChungOfficer — Chief Executive Officer | Jan 21, 2022 | Buy | 345,625 | $10.00 |
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- Entered a material agreement · Completed an acquisition or disposition · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJul 24, 2024
- Shareholder vote · Regulation FD disclosure · Other material eventJul 18, 2024
- Delisting / listing-standard noticeJun 27, 2024
- Delisting / listing-standard noticeMay 13, 2024
- Delisting / listing-standard noticeMar 20, 2024
- Entered a material agreementJan 3, 2024
- Regulation FD disclosureDec 28, 2023
- Delisting / listing-standard noticeNov 28, 2023
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 ↗- SC 13G/AKARPUS INVESTMENT MGT / AIB ACQUISITION CORP - SCHEDULE 13G/A(#1E)Aug 8, 2024
- 15-12GFORM 15-12GAug 1, 2024
- 8-KCURRENT REPORTJul 24, 2024
- 8-KCURRENT REPORTJul 18, 2024
- 25-NSEJun 28, 2024
- 425FORM 425Jun 27, 2024
- DEFA14ADEFINITIVE ADDITIONAL MATERIALSJun 27, 2024
- 425CURRENT REPORTJun 27, 2024
- 8-KCURRENT REPORTJun 27, 2024
- DEFM14APROXY STATEMENTJun 24, 2024
- 10-QQUARTERLY REPORTMay 23, 2024
- NT 10-QNOTIFICATION OF LATE FILINGMay 15, 2024
- 8-KCURRENT REPORTMay 13, 2024
- 10-KANNUAL REPORTMar 21, 2024
- 8-KFORM 8-KMar 20, 2024
Event-driven situations (1)
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