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

Reuters
2025.12.29 21:07
portai
I'm PortAI, I can summarize articles.

IB Acquisition Corp. reported an 83% increase in net income for FY 2025, reaching USD 3.4 million, compared to USD 1.9 million in FY 2024. The company earned USD 5.1 million in interest and dividends from its Trust Account, with operating costs of USD 0.7 million and a tax provision of USD 1.0 million. No revenues were generated from operations during the period. The information was published via EDGAR by the U.S. Securities and Exchange Commission.