Is Ares Acquisition Corporation (AAC) a Buy, Sell, or Hold?
NYSE : AAC
Ares Acquisition Corporation — Financials
$10.79 USD
$0.02 (0.19%)
- Volume
- 599.7K
- Average Volume
- 112.36K
- Market Capitalization
- $761.82M
- P/E Ratio
- 165.49
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $10.80
- Year Low
- $9.01
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.23
AAC Financial Statements
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| revenue | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - |
| grossProfit | - | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - |
| generalAndAdministrativeExpenses | 1775 | 1122 | 7.34M | 6.46M | 15.1 |
| sellingAndMarketingExpenses | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 1775 | 1122 | 7.34M | 6.46M | 15.1 |
| otherExpenses | - | - | - | - | - |
| operatingExpenses | 1775 | 1122 | 7.34M | 6.46M | 15.1 |
| costAndExpenses | 1775 | 1122 | 7.34M | 6.46M | -15.1 |
| netInterestIncome | 27761 | 18038 | - | - | - |
| interestIncome | 27761 | 18038 | - | - | - |
| interestExpense | - | - | - | - | - |
| depreciationAndAmortization | 1775 | 1122 | - | - | 206.3K |
| ebitda | - | 18038 | -7.34M | -6.46M | - |
| ebit | -1775 | -1122.89 | -7.34M | -6.46M | - |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - |
| operatingIncome | -1775 | -1122 | -7.34M | -6.46M | -15.1 |
| totalOtherIncomeExpensesNet | 27761 | 18038 | 28.33M | 6.46M | - |
| incomeBeforeTax | 25986 | 16915 | 20.98M | -15.0 | -15.1 |
| incomeTaxExpense | - | - | -28.33M | - | - |
| netIncomeFromContinuingOperations | 25986 | 16915 | 49.31M | -15.0 | -15.1 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - |
| netIncome | 25986 | 16915 | 49.31M | -15.0 | -15.1 |
| netIncomeDeductions | - | - | - | - | - |
| bottomLineNetIncome | 25986 | 16915 | 49.31M | -15.0 | -15.1 |
| eps | 0.42 | 0.0 | -0.0 | 0.13 | - |
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 975.32 | 1905 | 37982 | 749.51K | - |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 975.32 | 1905 | 37982 | 749.51K | - |
| netReceivables | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - |
| otherReceivables | - | - | - | - | - |
| inventory | - | - | - | - | - |
| prepaids | 125.66 | - | - | - | - |
| otherCurrentAssets | - | 509.95 | 57575 | 536.38K | 523.48K |
| totalCurrentAssets | 1100 | 2415 | 95559 | 1.29M | 523.48K |
| propertyPlantEquipmentNet | - | - | - | - | - |
| goodwill | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - |
| longTermInvestments | - | - | 1013 | 1B | - |
| taxAssets | - | - | - | - | - |
| otherNonCurrentAssets | 550.8K | 523.04K | 1.01B | 1B | - |
| totalNonCurrentAssets | 550.8K | 523.04K | 1.01B | 1B | - |
| otherAssets | - | - | - | - | - |
| totalAssets | 551.9K | 525.45K | 1.01B | 1B | 523.48K |
| totalPayables | - | - | - | - | - |
| accountPayables | - | - | - | - | - |
| otherPayables | - | - | - | - | - |
| accruedExpenses | 690.35 | - | - | - | - |
| shortTermDebt | - | - | 1.5M | 181.86 | 147.38K |
| capitalLeaseObligationsCurrent | - | - | - | - | - |
| taxPayables | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - |
| otherCurrentLiabilities | - | 279.13 | 8.18M | 3.52M | 364.94K |
| totalCurrentLiabilities | 740.57 | 279.13 | 9.68M | 3.52M | 512.32K |
| longTermDebt | 5000 | 5000 | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - |
| otherNonCurrentLiabilities | 568.2K | 540.44K | 51.48M | 66.7M | - |
| totalNonCurrentLiabilities | 573.2K | 545.44K | 51.48M | 66.7M | - |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - |
| totalLiabilities | 573.94K | 545.72K | 61.15M | 70.23M | 512.32K |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | - | - | 1.01B | 1B | 2501 |
| retainedEarnings | -22040 | -20265 | -60.96M | -68.66M | -13845 |
| additionalPaidInCapital | - | - | - | - | - |
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| netIncome | 25986 | 16915 | -3.54 | 15.85M | -15.1 |
| depreciationAndAmortization | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - |
| changeInWorkingCapital | 845.72 | -229 | 5.13M | 2.9M | - |
| accountsReceivables | - | - | - | - | - |
| inventory | - | - | - | - | - |
| accountsPayables | - | - | - | - | - |
| otherWorkingCapital | 845.72 | -229 | - | - | - |
| otherNonCashItems | -27761 | -18037 | -2.21M | -20.16M | 15.1 |
| netCashProvidedByOperatingActivities | -929 | -1352 | -2.21M | -1.41M | - |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - |
| otherInvestingActivities | - | -505K | - | -1B | - |
| netCashProvidedByInvestingActivities | - | -505K | - | -1B | - |
| netDebtIssuance | - | 5000 | - | - | - |
| longTermNetDebtIssuance | - | 5000 | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - |
| commonStockIssuance | - | - | - | 1B | - |
| commonStockRepurchased | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - |
| otherFinancingActivities | - | 503.26K | 1.5M | 1B | - |
| netCashProvidedByFinancingActivities | - | 508.26K | 1.5M | 1B | - |
| date | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 5506 | 2705 | 503.59 | 443.01 | 373.42 | 455.51 | -8.02M | 383.93 | 4.11M | 3.91M |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | 383.54K | - | - |
| sellingGeneralAndAdministrativeExpenses | 5506 | 2705 | 503.59 | 443.01 | 373.42 | 455.51 | -8.02M | 383.93K | 4.11M | 3.91M |
| otherExpenses | - | - | - | - | - | - | - | -383.81K | - | - |
| operatingExpenses | 5506 | 2705 | 503.59 | 443.01 | 373.42 | 455.51 | -8.02M | 122 | 4.11M | 3.91M |
| costAndExpenses | 5506 | 2705 | 503.59 | 443.01 | 373.42 | 455.51 | 431.38 | 383.93 | 4.11M | 3.91M |
| netInterestIncome | 5832 | 5698 | 6546 | 7407 | 6958 | 6.85M | 6.44M | 6784 | 3873 | -6.43M |
| interestIncome | - | 5698 | 6546 | 7407 | 6958 | 6.85M | - | 6784 | 3873 | - |
| interestExpense | - | - | - | - | - | - | -6.43M | - | - | 6.43M |
| depreciationAndAmortization | 5506 | 2.71M | 503.58K | 443.01K | 373.42K | 455.51 | 13708 | - | - | 6.43M |
| ebitda | - | - | - | - | - | 6848 | 12M | -383 | -4.11M | 2.52M |
| ebit | -5506 | -2705 | -503 | -443 | -373 | -455.51 | -431 | -383 | -4.11M | -3.91M |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | - | - | - | - | - |
| operatingIncome | -5506 | -2705 | -503 | -443 | -373 | -454 | -431 | -383 | -4.11M | -3.91M |
| totalOtherIncomeExpensesNet | 5832 | 5698 | 6546 | 7407 | 6958 | 6848 | 7381 | 6784 | 6.46M | -6.43M |
| incomeBeforeTax | 326.64 | 2992 | 6042.6 | 6964 | 6585 | 6393 | 6949 | 6400 | 2.35M | -10.34M |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | 326.64 | 2992 | 6042.6 | 6964 | 6585 | 6393 | 6949 | 6400 | 2.35M | -10.34M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 326.64 | 2992 | 6042.6 | 6964 | 6585 | 6393 | 6949 | 6400 | 2.35M | -10.34M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 326.64 | 2992 | 6042.6 | 6964 | 6585 | 6393 | 7.99M | 6400 | 2.35M | -10.34M |
| eps | 0.01 | 0.06 | 0.1 | 0.11 | 0.11 | 0.1 | 0.07 | 0.1 | 0.03 | -0.1 |
| date | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 137.9 | 657.31 | 975.32 | 1189 | 1396 | 1643 | 1905 | 2254 | 56295 | 90852 |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 137.9 | 657.31 | 975.32 | 1189 | 1396 | 1643 | 1905 | 2254 | 56295 | 90852 |
| netReceivables | - | - | - | - | - | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | 248.75 | - | 125.66 | 247.63 | 371.47 | - | - | - | - | - |
| otherCurrentAssets | 2441 | - | - | - | - | 468.7 | 509.95 | 635.33 | - | 46252 |
| totalCurrentAssets | 2828 | 747.61 | 1100 | 1437 | 1768 | 2112 | 2415 | 2889 | 100.03K | 137.1K |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | 487.13M | - | 484.9M |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 558.15K | 556.5K | 550.8K | 544.25K | 536.84K | 529.89K | 523.04K | -486.61M | 492.08M | 484.9M |
| totalNonCurrentAssets | 558.15K | 556.5K | 550.8K | 544.25K | 536.84K | 529.89K | 523.04K | 515.66K | 492.08M | 484.9M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 560.98K | 557.25K | 551.9K | 545.69K | 538.61K | 532K | 525.45K | 518.55K | 492.18M | 485.04M |
| totalPayables | - | - | - | - | - | - | - | - | - | - |
| accountPayables | - | - | - | - | - | - | - | - | - | - |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | 9394 | 3034 | 690.35 | 528.05 | 438.0 | - | - | 322.51 | - | - |
| shortTermDebt | 2713 | - | - | - | - | - | - | - | 8.41M | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 52.58 | - | - | - | - | 431.61 | 279.13 | - | 15.2M | 15.94M |
| totalCurrentLiabilities | 12160 | 3092 | 740.57 | 573.5 | 461.25 | 431.61 | 279.13 | 322.51 | 23.62M | 15.94M |
| longTermDebt | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 567.89K | 573.9K | 568.2K | 561.65K | 554.24K | 547.29K | 540.44K | 533.06K | 526.27K | 66.09M |
| totalNonCurrentLiabilities | 572.89K | 578.9K | 573.2K | 566.65K | 559.24K | 552.29K | 545.44K | 538.06K | 61.27M | 66.09M |
| otherLiabilities | - | - | - | - | - | - | - | 533.06K | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 585.05K | 581.99K | 573.94K | 567.23K | 559.71K | 552.72K | 545.72K | 538.38K | 84.89M | 82.04M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | - | - | - | - | - | - | - | - | 491.98M | 484.8M |
| retainedEarnings | -24073 | -24746 | -22040 | -21537 | -21094 | -20720 | -20265 | -19833 | -84.69M | -81.8M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 326.64 | 2992 | 6042.6 | 6964 | 6585 | 6393 | 6949 | 6400 | 2.35M | -10.34M |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 3754 | 2387 | 289.03 | 236.1 | 126.86 | 193.73 | 167.01 | 127.03 | 3.68M | 3.36M |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | 3754 | 2387 | 289.03 | 236.1 | 126.86 | 193.73 | 167.01 | 127.03 | - | - |
| otherNonCashItems | -5832 | -5698 | -6546 | -7407 | -6958 | -6848 | -7381 | -6784 | -6.46M | 6.43M |
| netCashProvidedByOperatingActivities | -1752 | -318 | -214 | -206 | -246 | -261 | -264 | -256 | -434.56K | -547.13K |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | 5662 | - | - | - | - | - | - | - | -3.6M | 536.67M |
| netCashProvidedByInvestingActivities | 5662 | - | - | - | - | - | - | - | -3.6M | 536.67M |
| netDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | -7143 | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | -7143 | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | -7143 | - | - | - | - | - | - | - | - | -538.99M |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 2713 | - | - | - | - | - | -85 | -9.45 | 4M | -536.07M |
| netCashProvidedByFinancingActivities | -4429 | - | - | - | - | - | -85 | -9.45 | 4M | -536.07M |