Ace Global Business Acquisition Ltd

Financial Services US ACBA

NoneUSD
-(-%)

Last update at 2024-07-24T15:01:18.118318Z

Day Range

--
LowHigh

52 Week Range

11.1312.23
LowHigh

Fundamentals

  • Previous Close -
  • Market Cap41.28M
  • VolumeNone
  • P/E Ratio-
  • Dividend Yield-%
  • Revenue TTM0.00000M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM-0.06

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31
Income before tax 1.08M -1.00259M -
Minority interest - - -
Net income 4.93M -0.98106M -
Selling general administrative 0.84M 1.02M -
Selling and marketing expenses - - -
Gross profit - - -
Reconciled depreciation - - -
Ebit -6.60804M -1.06715M -0.09484M
Ebitda -2.76191M -1.04562M -
Depreciation and amortization 3.85M 0.02M -
Non operating income net other 1.92M 0.02M -
Operating income -6.60804M -1.04562M -
Other operating expenses 0.84M 1.02M -
Interest expense 3.85M 0.02M 0.00000M
Tax provision 0.00000M - -
Interest income 0.00001M 0.00004M -
Net interest income 0.00001M 0.00004M -
Extraordinary items - - -
Non recurring - - -
Other items - - -
Income tax expense -3.84613M -0.02153M -
Total revenue 0.00000M 0.00000M -
Total operating expenses 0.84M 1.02M -
Cost of revenue - - -
Total other income expense net 7.69M 0.04M -
Discontinued operations - - -
Net income from continuing ops 1.08M -1.00259M -
Net income applicable to common shares 1.08M -1.02259M -0.09484M
Preferred stock and other adjustments - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 23.40M 49.07M 47.11M 0.04M
Intangible assets - - - -
Earning assets - - - -
Other current assets - - 0.06M 0.04M
Total liab 6.95M 4.17M 3.28M 0.04M
Total stockholder equity 16.45M 44.91M 43.82M 0.00919M
Deferred long term liab - - - 0.04M
Other current liab 2.39M 0.95M 0.20M 0.04M
Common stock 23.33M 48.98M 46.92M 0.00115M
Capital stock 23.33M 48.98M 46.92M 0.00115M
Retained earnings -6.88417M -4.07639M -3.09842M -0.01581M
Other liab - - 50.00M -
Good will - - - -
Other assets 0.00000M - 46.92M 0.04M
Cash 0.07M 0.09M 0.12M -
Cash and equivalents - - - -
Total current liabilities 5.10M 2.32M 0.20M 0.04M
Current deferred revenue - - - -
Net debt 2.65M 1.27M -0.12201M -
Short term debt 2.71M 1.37M - -
Short long term debt 2.71M 1.37M - -
Short long term debt total 2.71M 1.37M - -
Other stockholder equity -23.33052M -48.98219M 0.00000M 0.02M
Property plant equipment - - - -
Total current assets 0.07M 0.09M 0.18M 0.04M
Long term investments - - - -
Net tangible assets - 44.91M -3.09696M 0.00919M
Short term investments 23.33M 48.98M 46.92M -
Net receivables - - - -
Long term debt - 0.01000M 1.24M -
Inventory - - - -
Accounts payable - 0.06M 0.02M -
Total permanent equity - - - -
Noncontrolling interest in consolidated entity - - - -
Temporary equity redeemable noncontrolling interests - - - -
Accumulated other comprehensive income - - - -
Additional paid in capital - - - -
Common stock total equity - 0.00145M 0.00145M -
Preferred stock total equity - - - -
Retained earnings total equity - -4.07639M -3.09842M -
Treasury stock - - - -
Accumulated amortization - - - -
Non currrent assets other 23.33M 48.98M 46.92M -
Deferred long term asset charges - - - -
Non current assets total 23.33M 48.98M 46.92M 0.00000M
Capital lease obligations - - - -
Long term debt total - 0.01000M 1.24M -
Breakdown 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31
Investments -1.36620M -46.92000M -
Change to liabilities 0.04M 0.02M 0.00000M
Total cashflows from investing activities -1.36620M -46.92000M -46.92000M
Net borrowings 1.37M 0.15M 0.08M
Total cash from financing activities 2.07M 48.11M 0.08M
Change to operating activities - -0.04693M 0.02M
Net income 1.08M -1.00259M -0.09484M
Change in cash -0.03058M 0.12M 0.12M
Begin period cash flow 0.12M 0.00000M -
End period cash flow 0.09M 0.12M -
Total cash from operating activities -0.73852M -1.07102M -0.07703M
Issuance of capital stock 0.00000M 47.96M -
Depreciation - - -
Other cashflows from investing activities -1.36620M -46.92000M -46.92000M
Dividends paid 0.69M 0.00293M -
Change to inventory - - -
Change to account receivables - - -
Sale purchase of stock - - -
Other cashflows from financing activities 2.77M 0.16M -0.15000M
Change to netincome -1.23000M -0.02149M -0.00149M
Capital expenditures 0.00000M 0.00000M 0.00000M
Change receivables - - -
Cash flows other operating -0.63057M -0.06541M -
Exchange rate changes - - -
Cash and cash equivalents changes -0.03058M 0.12M -
Change in working capital 0.10M -0.04693M -
Stock based compensation 1.84M 1.84M -
Other non cash items -3.76306M -1.86149M -
Free cash flow -0.73852M -1.07102M -

Peer Comparison

Sector: Financial Services Industry: Shell Companies

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
ACBA
Ace Global Business Acquisition Ltd
- -% - - - - 2.53 -30.3063
AGLY
Agiliti Inc
- -% 2.05 - - 487.42 4.19 1814.52 -18211.8716
SVMB
SavMobi Technology Inc.
- -% 9.05 - - 239.23 - 363.28 -319.6012
PBAJ
Petro Usa Inc
- -% 0.0002 - - - - -9042.9978
AACT
Ares Acquisition Corporation II
-0.01 0.09% 11.31 24.84 - - 1.31

Reports Covered

Stock Research & News

Profile

Ace Global Business Acquisition Limited does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on opportunities in the artificial intelligence and related technology market in North America. Ace Global Business Acquisition Limited was incorporated in 2020 and is based in Admiralty, Hong Kong.

Ace Global Business Acquisition Ltd

Tower 2, Lippo Centre, Admiralty, Hong Kong

Key Executives

Name Title Year Born
Mr. Eugene Tu Wong CEO & Chairman 1988
Mr. Xue-Wei Tan Chief Financial Officer 1990
Mr. Eugene Tu Wong CEO & Chairman of the Board 1988
Mr. Xue-Wei Tan CFO & Director 1990

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