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Upturn AI SWOT - About
IX Acquisition Corp (IXAQ)
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Upturn Advisory Summary
03/27/2025: IXAQ (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type Stock | Historic Profit 17.72% | Avg. Invested days 160 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 99.46M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 639 | Beta -0.03 | 52 Weeks Range 11.16 - 12.00 | Updated Date 03/30/2025 |
52 Weeks Range 11.16 - 12.00 | Updated Date 03/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.02 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -3.28% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 102552152 | Price to Sales(TTM) - |
Enterprise Value 102552152 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -94.94 | Shares Outstanding 6848190 | Shares Floating 2846073 |
Shares Outstanding 6848190 | Shares Floating 2846073 | ||
Percent Insiders 58.44 | Percent Institutions 39.27 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
IX Acquisition Corp
Company Overview
History and Background
IX Acquisition Corp was a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It was incorporated in 2020.
Core Business Areas
- Special Purpose Acquisition Company (SPAC): IX Acquisition Corp was a SPAC, meaning its primary business area was identifying and merging with a private company to take it public.
Leadership and Structure
The company was led by CEO Matthew Brown. SPACs typically have a management team with experience in finance and deal-making.
Top Products and Market Share
Key Offerings
- Merger Target Identification: IX Acquisition Corp's main offering was the identification and acquisition of a suitable private company. Market share is not applicable as it was a SPAC looking to find a target, not an operating company selling products. Competitors were other SPACs also seeking targets.
Market Dynamics
Industry Overview
The SPAC market has experienced periods of boom and bust cycles. Recent years have seen increased scrutiny and regulatory changes impacting SPAC deals.
Positioning
IX Acquisition Corp was positioned as a vehicle to take a private company public. Its success depended on its ability to find an attractive target at a reasonable valuation.
Total Addressable Market (TAM)
The TAM for SPACs fluctuates based on market conditions and investor appetite. IX Acquisition Corp's positioning within this TAM depended on its ability to attract investors and secure a successful merger.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Access to Capital
- Potential for High Returns
Weaknesses
- Dependence on Finding Suitable Target
- Competition from Other SPACs
- Regulatory Risks
Opportunities
- Growing Private Equity Market
- Increasing Demand for Alternative Investments
- Potential for Disruptive Innovation
Threats
- Market Volatility
- Regulatory Changes
- Economic Downturn
Competitors and Market Share
Key Competitors
- Other SPACs - too numerous to list individual US Stock Symbols
Competitive Landscape
The competitive landscape is highly fragmented, with numerous SPACs seeking merger targets.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth is dependent on identifying and acquiring a successful target.
Future Projections: Future projections are tied to the potential of the acquired company.
Recent Initiatives: Recent initiatives would include ongoing target searches.
Summary
IX Acquisition Corp was a SPAC formed to identify and acquire a private company, taking it public. Its success depended on finding a suitable target in a competitive market. As a SPAC, its financial performance was less relevant than its ability to execute a successful merger. The company faced risks associated with market volatility and regulatory changes. The long-term prospects were tied to the performance of the acquired entity.
Similar Companies
- SPACs - too numerous to list individual US Stock Symbols
Sources and Disclaimers
Data Sources:
- SEC Filings
- Financial News Outlets
Disclaimers:
This analysis is based on publicly available information and does not constitute financial advice. Investment decisions should be made with the guidance of a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About IX Acquisition Corp
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2021-11-30 | CEO, CFO, COO & Director Mr. Noah Aptekar | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website https://www.ixacq.com |
Full time employees - | Website https://www.ixacq.com | ||
IX Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on companies in the technology, media and telecommunications, and information and communication technology industries. The company was incorporated in 2021 and is based in London, United Kingdom.
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