Ignyte Acquisition Corp. (IGNYW) Financials

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$0.17

north_east NA Past Year
Day's range
$0.15
Day's range
$0.22

IGNYW Income statement / Annual

Last year (2023), Ignyte Acquisition Corp.'s total revenue was $367.88 K, a decrease of 39.46% from the previous year. In 2023, Ignyte Acquisition Corp.'s net income was -$12.83 M. See Ignyte Acquisition Corp.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021
Period Ended 12/31/2023 12/31/2022 12/31/2021
Operating Revenue $367.88 K $607.68 K $0.00
Cost of Revenue $3.51 M $0.00 $969.29 K
Gross Profit -$3.15 M $607.68 K -$969.00 K
Gross Profit Ratio -8.55 1 0
Research and Development Expenses $1.63 M $3.92 M $0.00
General & Administrative Expenses $8.29 M $8.53 M $0.00
Selling & Marketing Expenses $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $8.29 M $8.53 M $0.00
Other Expenses $0.00 $1.00 K -$969.00 K
Operating Expenses $9.92 M $12.46 M -$969.00 K
Cost And Expenses $13.43 M $12.46 M $0.00
Interest Income $43.00 $2.11 K $0.00
Interest Expense -$2.73 M -$47.96 K -$481.00 K
Depreciation & Amortization $0.00 $1.22 M $0.00
EBITDA -$13.07 M -$11.85 M -$488.00 K
EBITDA Ratio -35.52 -19.5 0
Operating Income Ratio -35.52 -21.5 0
Total Other Income/Expenses Net $239.67 K -$100.00 K $481.30 K
Income Before Tax -$12.83 M -$13.16 M -$488.00 K
Income Before Tax Ratio -34.86 -21.66 0
Income Tax Expense $0.00 $74.00 K -$481.00 K
Net Income -$12.83 M -$13.24 M -$6.69 K
Net Income Ratio -34.86 -21.78 0
EPS -0.61 -0.75 -0.0009
EPS Diluted -0.61 -0.75 -0.0009
Weighted Average Shares Out $21.18 M $17.71 M $7.29 M
Weighted Average Shares Out Diluted $21.18 M $17.71 M $7.29 M
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