IRAB
IRAB
Iris Acquisition Corp IIIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $0 ▼ | $501.65K ▲ | 0% | $0.05 ▲ | $0 ▲ |
| Q3-2025 | $0 | $13.73K | $-50.42K | 0% | $-0 | $-50.42K |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $854.83K ▲ | $170.41M ▲ | $7.43M ▲ | $-6.44M ▼ |
| Q4-2025 | $0 | $139.6K | $182.62K | $-43.02K |
What's financially strong about this company?
The company now has enough cash to cover its bills for the next year, and current assets far exceed current liabilities. Liquidity is much improved compared to last quarter.
What are the financial risks or weaknesses?
Shareholder equity is deeply negative, meaning the company owes more than it owns. Most assets are vague 'other non-current assets,' and a huge share issuance hints at possible distress or restructuring.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $773.93K | $-9.8K | $-168.5M | $169.36M | $0 | $-9.8K |
What's strong about this company's cash flow?
The company keeps its cash burn very low, and has built up a cash balance of $854,833. No debt or shareholder dilution this quarter.
What are the cash flow concerns?
The business is not generating cash from its own activities and is completely reliant on outside funding. Reported profits are mostly due to accounting adjustments, not real cash.
About Iris Acquisition Corp II
https://irisspac.comIris Acquisition Corp II focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. Iris Acquisition Corp II was incorporated in 2025 and is based in Dubai, United Arab Emirates.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $0 | $0 ▼ | $501.65K ▲ | 0% | $0.05 ▲ | $0 ▲ |
| Q3-2025 | $0 | $13.73K | $-50.42K | 0% | $-0 | $-50.42K |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $854.83K ▲ | $170.41M ▲ | $7.43M ▲ | $-6.44M ▼ |
| Q4-2025 | $0 | $139.6K | $182.62K | $-43.02K |
What's financially strong about this company?
The company now has enough cash to cover its bills for the next year, and current assets far exceed current liabilities. Liquidity is much improved compared to last quarter.
What are the financial risks or weaknesses?
Shareholder equity is deeply negative, meaning the company owes more than it owns. Most assets are vague 'other non-current assets,' and a huge share issuance hints at possible distress or restructuring.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $773.93K | $-9.8K | $-168.5M | $169.36M | $0 | $-9.8K |
What's strong about this company's cash flow?
The company keeps its cash burn very low, and has built up a cash balance of $854,833. No debt or shareholder dilution this quarter.
What are the cash flow concerns?
The business is not generating cash from its own activities and is completely reliant on outside funding. Reported profits are mostly due to accounting adjustments, not real cash.
CEO
Sumit Mehta
Compensation Summary
(Year )
Ratings Snapshot
Rating : D+