Ares Acquisition II (AACT) Financial Statements
Price: $11.18
Market Cap: $698.75M
Avg Volume: 391.38K
Market Cap: $698.75M
Avg Volume: 391.38K
Country: US
Industry: Shell Companies
Sector: Financial Services
Industry: Shell Companies
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Ares Acquisition II.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $- | $- | $- | $- | $- |
| Cost of Revenue | $- | $- | $- | $- | $- |
| Gross Profit | $- | $- | $- | $- | $- |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $1.78M | $1.12K | $7.34M | $6.46M | $15 |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $1.78M | $1.12K | $7.34M | $6.46M | $15 |
| Other Expenses | $- | $- | $- | $- | $- |
| Operating Expenses | $1.78M | $1.12K | $7.34M | $6.46M | $15 |
| Cost and Expenses | $- | $1.12K | $7.34M | $6.46M | $-15 |
| Interest Income | $- | $18.04K | $- | $- | $- |
| Interest Expense | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $- | $1.12K | $-28.33M | $-23.99M | $206.30K |
| EBITDA | $-1.78M | $16.92M | $-35.67M | $-30.45M | $- |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | $-1.78M | $-1.12K | $-7.34M | $-6.46M | $-15 |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income Expenses Net | $27.76M | $18.04K | $28.33M | $22.31M | $- |
| Income Before Tax | $25.99M | $16.91K | $20.98M | $15.85M | $-15 |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | $- | $- | $-28.33M | $1.68M | $- |
| Net Income | $25.99M | $16.91K | $49.31M | $15.85M | $-15 |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | $0.52 | $0.27 | $0.39 | $0.13 | $0.00 |
| EPS Diluted | $0.52 | $0.27 | $0.39 | $0.13 | $0.00 |
| Weighted Average Shares Outstanding | 50.00M | 62.50M | 125.00M | 125.00M | 25.00M |
| Weighted Average Shares Outstanding Diluted | 50.00M | 62.50M | 125.00M | 125.00M | 25.00M |
| SEC Filing | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $975.32K | $1.91M | $37.98K | $749.51K | $- |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $975.32K | $1.91M | $37.98K | $749.51K | $- |
| Net Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- |
| Other Current Assets | $125.66K | $509.95K | $0 | $536.38K | $- |
| Total Current Assets | $1.10M | $2.42M | $1 | $1.29M | $523.48K |
| Property Plant Equipment Net | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $550.80M | $- | $1.01K | $1.00B | $- |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $523.04K | $1.01B | $- | $- |
| Total Non-Current Assets | $550.80M | $523.04K | $1.01B | $1.00B | $- |
| Other Assets | $- | $522.52M | $95.56K | $-0 | $- |
| Total Assets | $551.90M | $525.45M | $1.01B | $1.00B | $523.48K |
| Account Payables | $- | $- | $- | $- | $- |
| Short Term Debt | $- | $- | $1.50M | $- | $147.38K |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $740.57K | $279.13K | $8.18M | $3.52M | $364.94K |
| Total Current Liabilities | $740.57K | $279.13K | $9.68M | $3.52M | $512.32K |
| Long Term Debt | $5.00M | $5.00M | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $17.50M | $17.50M | $51.48M | $66.70M | $- |
| Total Non-Current Liabilities | $22.50M | $22.50M | $51.48M | $66.70M | $- |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $23.24M | $22.78M | $61.15M | $70.23M | $512.32K |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $550.70M | $522.94M | $1.01B | $1.00B | $2.50K |
| Retained Earnings | $-22.04M | $-20.27M | $-60.96M | $-68.66M | $-13.85K |
| Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $- |
| Other Total Stockholders Equity | $-550.70M | $- | $- | $- | $22.50K |
| Total Stockholders Equity | $-22.04M | $502.67M | $952.33M | $931.34M | $11.15K |
| Total Equity | $-22.04M | $502.67M | $952.33M | $931.34M | $11.15K |
| Total Liabilities and Stockholders Equity | $551.90M | $525.45M | $1.01B | $1.00B | $523.48K |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $551.90M | $525.45M | $1.01B | $1.00B | $523.48K |
| Total Investments | $550.80M | $- | $1.01K | $1.00B | $- |
| Total Debt | $5.00M | $5.00M | $1.50M | $- | $147.38K |
| Net Debt | $4.02M | $3.09M | $1.46M | $-749.51K | $147.38K |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $25.99M | $16.92M | $20.98M | $15.85M | $-15 |
| Depreciation and Amortization | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $845.72K | $-229.62K | $- | $2.90M | $- |
| Accounts Receivables | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- |
| Other Working Capital | $845.72K | $-229.62K | $- | $- | $- |
| Other Non Cash Items | $-27.76M | $-18.04M | $-23.20M | $-20.16M | $15 |
| Net Cash Provided by Operating Activities | $-929.80K | $-1.35M | $-2.21M | $-1.41M | $- |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $-505.00M | $- | $-1.00B | $- |
| Net Cash Used for Investing Activities | $- | $-505.00M | $- | $-1.00B | $- |
| Debt Repayment | $- | $4.63M | $- | $- | $- |
| Common Stock Issued | $- | $500.00M | $- | $1.00B | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $- | $3.62M | $1.50M | $1.00B | $- |
| Net Cash Used Provided by Financing Activities | $- | $508.26M | $1.50M | $1.00B | $- |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-929.80K | $1.91M | $-711.53K | $749.51K | $- |
| Cash at End of Period | $975.32K | $1.91M | $37.98K | $749.51K | $- |
| Cash at Beginning of Period | $1.91M | $- | $749.51K | $- | $- |
| Operating Cash Flow | $-929.80K | $-1.35M | $-2.21M | $-1.41M | $- |
| Capital Expenditure | $- | $- | $- | $- | $- |
| Free Cash Flow | $-929.80K | $-1.35M | $-2.21M | $-1.41M | $- |