IB Acquisition Corp. FY 2025 net income rises 83% to USD 3.4 million

Reuters
Dec 30, 2025
<a href="https://laohu8.com/S/IBAC">IB Acquisition Corp</a>. FY 2025 net income rises 83% to USD 3.4 million

IB Acquisition Corp. reported net income of USD 3.4 million for the full year ended September 30, 2025. The company recorded interest and dividends earned on cash and investments held in its Trust Account totaling USD 5.1 million. Operating costs for the period amounted to USD 0.7 million, while the provision for income taxes was USD 1.0 million. IB Acquisition Corp. did not generate any revenues from operations during the period. For the full year ended September 30, 2024, net income was USD 1.9 million, with interest and dividends from the Trust Account at USD 3.0 million, operating costs at USD 0.5 million, and provision for income taxes at USD 0.6 million.

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