ACEVW
Income statement / Annual
Last year (2023), ACE Convergence Acquisition Corp.'s total revenue was $12.05 M,
a decrease of 0.00% from the previous year.
In 2023, ACE Convergence Acquisition Corp.'s net income was -$144.85 M.
See ACE Convergence Acquisition Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
| Period Ended |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$12.05 M
|
$12.05 M
|
$17.36 M
|
$18.13 M
|
| Cost of Revenue |
$10.74 M |
$10.74 M |
$14.58 M |
$13.84 M |
| Gross Profit |
$1.31 M |
$1.31 M |
$2.78 M |
$4.29 M |
| Gross Profit Ratio |
0.11 |
0.11 |
0.16 |
0.24 |
| Research and Development
Expenses |
$10.80 M
|
$10.80 M
|
$9.90 M
|
$6.21 M
|
| General & Administrative
Expenses |
$29.49 M
|
$29.49 M
|
$16.38 M
|
$7.37 M
|
| Selling & Marketing
Expenses |
$8.27 M
|
$8.27 M
|
$9.82 M
|
$8.91 M
|
| Selling, General &
Administrative Expenses |
$37.75 M
|
$37.75 M
|
$26.19 M
|
$16.28 M
|
| Other Expenses |
$0.00 |
-$10.77 M |
$0.00 |
$0.00 |
| Operating Expenses |
$48.56 M |
$48.56 M |
$36.10 M |
$21.62 M |
| Cost And Expenses |
$59.29 M |
$59.29 M |
$50.68 M |
$35.47 M |
| Interest Income |
$20,000.00 |
$20,000.00 |
$3,000.00 |
$365,000.00 |
| Interest Expense |
$8.10 M |
$8.10 M |
$3.69 M |
$0.00 |
| Depreciation &
Amortization |
$7.23 M
|
-$34.31 M
|
-$5.18 M
|
$1.50 M
|
| EBITDA |
-$31.41 M
|
-$36.00 M
|
-$38.50 M
|
-$16.70 M
|
| EBITDA Ratio |
-2.61 |
-6.77 |
-2.22 |
-0.92 |
| Operating Income Ratio
|
-3.95
|
-3.92
|
-1.92
|
-1
|
| Total Other
Income/Expenses Net |
-$97.31 M
|
-$14.70 M
|
-$534,000.00
|
$1.23 M
|
| Income Before Tax |
-$144.85 M |
-$144.85 M |
-$48.01 M |
-$16.97 M |
| Income Before Tax Ratio
|
-12.02
|
-12.02
|
-2.77
|
-0.94
|
| Income Tax Expense |
$0.00 |
$47.97 M |
$3.69 M |
$3,000.00 |
| Net Income |
-$144.85 M |
-$192.82 M |
-$51.70 M |
-$16.97 M |
| Net Income Ratio |
-12.02 |
-16 |
-2.98 |
-0.94 |
| EPS |
-16.38 |
-0.0218 |
-1.96 |
-1.74 |
| EPS Diluted |
-16.38 |
-0.0218 |
-1.96 |
-1.74 |
| Weighted Average Shares
Out |
$8.84 M
|
$8.84 B
|
$26.39 M
|
$9.73 M
|
| Weighted Average Shares
Out Diluted |
$8.84 M
|
$8.84 B
|
$26.39 M
|
$9.73 M
|
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