Innovative International Acquisition Corp. (IOAC) Financial Statements
$9.60NASDAQ: IOACMarket Cap $100.74M
Innovative International Acquisition Corp. most recently reported annual revenue of $9.2B, a net loss of $14.6B. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Innovative International Acquisition Corp.: net profit was positive in 0 of 4 reported years; operating margin moved from -114.2% to -73.9%, a shift of +40.3 percentage points; the most recent year shows a net loss of $14.6B.
Income Statement — 4 Years (USD millions)
Metric
2022
2023
2025
2026
Revenue
$0
$0
$9.1B
$9.2B
Operating Expenses
$0
$0
$19.5B
$15.9B
Operating Profit
$0
$0
$-10.4B
$-6.8B
Operating Margin
0.0%
0.0%
-114.2%
-73.9%
Other Income
$0
$0
$0
$0
Interest
$0
$0
$0
$0
Depreciation
$0
$0
$434.0M
$0
Profit Before Tax
$0
$0
$-10.4B
$-6.8B
Tax
$0
$0
$-146.3M
$-116.0M
Net Profit
$0
$-5.0M
$-25.6B
$-14.6B
EPS
$-0.02
$-0.14
$-51.84
$-1.28
Dividend Payout
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
6 duplicate period labels in the source data were collapsed.
Metric
Mar '23
Jun '23
Sep '23
Dec '23
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Revenue
$0
$0
$0
$2.0M
$0
$2.0M
$2.0M
$9.1B
$2.0M
$190.0M
$2.4B
$6.6B
Operating Expenses
$1.0M
$1.0M
$1.0M
$14.0M
$0
$1.6B
$6.0M
$17.9B
$4.0M
$2.9B
$8.4B
$9.2B
Operating Profit
$-1.0M
$-1.0M
$-1.0M
$-12.0M
$0
$-1.6B
$-3.0M
$-8.8B
$-2.0M
$-2.7B
$-6.0B
$-2.6B
Operating Margin
0.0%
0.0%
0.0%
-482.3%
-151.0%
-69974.3%
-132.2%
-97.0%
-76.2%
-1413.8%
-254.3%
-39.4%
Interest
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Profit Before Tax
$0
$0
$-1.0M
$-12.0M
$0
$-2.0M
$-3.0M
$-10.4B
$-2.0M
$-3.9B
$-5.3B
$-2.1B
Tax
$0
$0
$0
$223.5M
$0
$-113.2B
$-144.7B
$-84.2M
$-138.7B
$221.8M
$0
$0
Net Profit
$0
$0
$-1.0M
$14.0M
$0
$-3.0M
$-13.8B
$-11.8B
$-4.2B
$9.3B
$-21.9B
$-2.1B
EPS
$0.00
$-0.04
$-0.07
$0.90
$-0.01
$-4.43
$-3.56
$-43.85
$-0.50
$43.85
$0.00
$-44.63
Over the 4 years reported for Innovative International Acquisition Corp., cash stood at $329.0M in the latest year, shareholders' equity was $1.0M, current assets covered current liabilities 0.03 times.
Balance Sheet — 4 Years (USD millions)
Metric
2022
2023
2025
2026
Total Assets
$236.0M
$33.0M
$5.4B
$3.2B
Current Assets
$1.0M
$0
$3.0M
$1.3B
Cash
$1.0M
$0
$1.0M
$329.0M
Inventory
$0
$0
$0
$0
Receivables
$0
$0
$201.0M
$100.0M
Fixed Assets
$0
$0
$1.3B
$893.0M
Capital Work in Progress
$0
$0
$0
$0
Investments
$0
$0
$26.0M
$21.0M
Other Assets
$0
$0
$0
$0
Total Liabilities
$15.0M
$21.0M
$31.0M
$38.5B
Current Liabilities
$3.0M
$9.0M
$30.0M
$37.5B
Borrowings
$0
$1.0M
$1.0M
$13.2B
Other Liabilities
$15.0M
$19.0M
$30.0M
$25.3B
Equity
$235.0M
$33.0M
$0
$1.0M
Reserves
$221.0M
$13.0M
$-25.3B
$-35.3B
For Innovative International Acquisition Corp., operating cash flow was positive in 1 of 4 reported years; free cash flow in the latest year was $2.2B; free cash flow was positive in 1 of 4 years.
Cash Flow Statement — 4 Years (USD millions)
Metric
2022
2023
2025
2026
Operating Cash Flow
$0
$-1.0M
$-9.1B
$2.2B
Investing Cash Flow
$0
$0
$480.0M
$6.0M
Financing Cash Flow
$0
$0
$8.3B
$608.0M
Net Cash Flow
$1.0M
$0
$-315.0M
$2.8B
Free Cash Flow
$0
$-1.0M
$-9.1B
$2.2B
Valuation & Return Ratios
Metric
Value
PEG Ratio
0.06
EV / EBITDA
12.75
FCF Yield
2205.41%
Quick Ratio
0.03
Interest Coverage
—
Return 1Y
—
Return 3Y
—
Return 5Y
—
Innovative International Acquisition Corp. (IOAC) financials — frequently asked questions
What is Innovative International Acquisition Corp.'s annual revenue?
Innovative International Acquisition Corp. (IOAC) reported annual revenue of $9.2B in its most recent fiscal year.
What is Innovative International Acquisition Corp.'s net profit?
Innovative International Acquisition Corp. (IOAC) reported a net loss of $14.6B in its most recent fiscal year.
What is IOAC EV/EBITDA?
Innovative International Acquisition Corp.'s enterprise value to EBITDA (EV/EBITDA) ratio is 12.75.