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Authentic Equity Acquisition Corp.

AEAC•NASDAQ
Financial Services
Shell Companies
$10.13
$-0.02(-0.20%)
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The company's financials show resilient growth, with revenue advancing from $0.00 in Q4 2021 to $0.00 in Q3 2022. Gross profit remained healthy with margins at N/A in Q3 2022 compared to N/A in Q4 2021. Operating income hit -$186594.00 last quarter, sustaining a consistent N/A margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $1.98M. Net income dropped to $4.14M, while earnings per share reached $0.18. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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