RIBBU
RIBBU
Ribbon Acquisition Corp.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $3.14K ▼ | $62.14K ▼ | 0% | $0 ▼ | $-3.14K ▲ |
| Q2-2025 | $0 | $242.89K ▲ | $271.3K ▲ | 0% | $0.04 ▼ | $-242.89K ▼ |
| Q1-2025 | $0 | $1.22K ▲ | $1.55K ▲ | 0% | $0.16 ▲ | $-185.4K ▼ |
| Q4-2024 | $0 | $0 ▼ | $0 ▲ | 0% | $-0 ▼ | $0 ▲ |
| Q3-2024 | $0 | $10.3K | $-10.3K | 0% | $-0 | $-10.3K |
What's going well?
Operating losses have shrunk dramatically, and there is no debt or interest burden. The company is not burning as much cash operationally as before.
What's concerning?
There is still no revenue, costs are rising, and profits are only coming from unusual, non-recurring items. The business is not generating real sales or sustainable profits.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $51.52M ▲ | $51.58M ▲ | $2.31M ▲ | $333.62K ▼ |
| Q2-2025 | $292.63K ▼ | $51.29M ▲ | $2.08M ▼ | $49.21M ▲ |
| Q1-2025 | $536.02K ▲ | $51.02M ▲ | $2.08M ▲ | $48.94M ▲ |
| Q3-2024 | $0 | $258.82K ▲ | $244.12K ▲ | $14.7K ▼ |
| Q2-2024 | $0 | $107.5K | $91.54K | $15.96K |
What's financially strong about this company?
RIBBU sits on over $51 million in cash and short-term investments, with almost no debt and no risky goodwill or inventory. The company could weather a long downturn without financial stress.
What are the financial risks or weaknesses?
Current assets (excluding investments) are low compared to bills due soon, and payables have jumped. The company also issued new shares, which could dilute existing shareholders.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $334.99K ▲ | $-47.35K ▲ | $49.67M ▲ | $-7.12K ▼ | $-232.72K ▼ | $-47.35K ▲ |
| Q2-2025 | $-1.55K ▼ | $-415.74K ▼ | $-49.67M ▲ | $50.38M ▼ | $289.04K ▼ | $-415.74K ▼ |
| Q1-2025 | $1.55K ▲ | $-174.89K ▼ | $-50M ▼ | $50.71M ▲ | $536.02K ▲ | $-174.89K ▼ |
| Q3-2024 | $-10.3K | $0 | $0 | $0 | $0 | $0 |
What's strong about this company's cash flow?
Cash burn has slowed dramatically compared to last quarter, suggesting the business may be moving toward breakeven. The company also reduced share count through buybacks.
What are the cash flow concerns?
The company is still losing real cash, and its cash reserves dropped by over $230,000 in one quarter. Without a turnaround, it will soon need more funding.
About Ribbon Acquisition Corp.
https://ribbonacquisitioncorp.comRibbon Acquisition Corp. operates as a blank check company. It was 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. The company was founded on July 17, 2024 and is headquartered in Tokyo, Japan.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $0 | $3.14K ▼ | $62.14K ▼ | 0% | $0 ▼ | $-3.14K ▲ |
| Q2-2025 | $0 | $242.89K ▲ | $271.3K ▲ | 0% | $0.04 ▼ | $-242.89K ▼ |
| Q1-2025 | $0 | $1.22K ▲ | $1.55K ▲ | 0% | $0.16 ▲ | $-185.4K ▼ |
| Q4-2024 | $0 | $0 ▼ | $0 ▲ | 0% | $-0 ▼ | $0 ▲ |
| Q3-2024 | $0 | $10.3K | $-10.3K | 0% | $-0 | $-10.3K |
What's going well?
Operating losses have shrunk dramatically, and there is no debt or interest burden. The company is not burning as much cash operationally as before.
What's concerning?
There is still no revenue, costs are rising, and profits are only coming from unusual, non-recurring items. The business is not generating real sales or sustainable profits.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $51.52M ▲ | $51.58M ▲ | $2.31M ▲ | $333.62K ▼ |
| Q2-2025 | $292.63K ▼ | $51.29M ▲ | $2.08M ▼ | $49.21M ▲ |
| Q1-2025 | $536.02K ▲ | $51.02M ▲ | $2.08M ▲ | $48.94M ▲ |
| Q3-2024 | $0 | $258.82K ▲ | $244.12K ▲ | $14.7K ▼ |
| Q2-2024 | $0 | $107.5K | $91.54K | $15.96K |
What's financially strong about this company?
RIBBU sits on over $51 million in cash and short-term investments, with almost no debt and no risky goodwill or inventory. The company could weather a long downturn without financial stress.
What are the financial risks or weaknesses?
Current assets (excluding investments) are low compared to bills due soon, and payables have jumped. The company also issued new shares, which could dilute existing shareholders.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $334.99K ▲ | $-47.35K ▲ | $49.67M ▲ | $-7.12K ▼ | $-232.72K ▼ | $-47.35K ▲ |
| Q2-2025 | $-1.55K ▼ | $-415.74K ▼ | $-49.67M ▲ | $50.38M ▼ | $289.04K ▼ | $-415.74K ▼ |
| Q1-2025 | $1.55K ▲ | $-174.89K ▼ | $-50M ▼ | $50.71M ▲ | $536.02K ▲ | $-174.89K ▼ |
| Q3-2024 | $-10.3K | $0 | $0 | $0 | $0 | $0 |
What's strong about this company's cash flow?
Cash burn has slowed dramatically compared to last quarter, suggesting the business may be moving toward breakeven. The company also reduced share count through buybacks.
What are the cash flow concerns?
The company is still losing real cash, and its cash reserves dropped by over $230,000 in one quarter. Without a turnaround, it will soon need more funding.
CEO
Angshuman Ghosh