Bannix Acquisition Corp. financial data

Symbol
BNIX, BNIXR, BNIXW on Nasdaq
Industry
Services-Prepackaged Software
Location
300 Tice Blvd, Woodcliff Lake, NJ
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 4.18 % -43.5%
Debt-to-equity -109 % +52.9%
Return On Equity 4.73 %
Return On Assets -0.76 % -266%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 4.08M shares -25.3%
Common Stock, Shares, Outstanding 2.52M shares 0%
Entity Public Float 57.1M USD -17%
Common Stock, Value, Issued 39.6K USD 0%
Weighted Average Number of Shares Outstanding, Basic 4.08M shares -25.3%
Weighted Average Number of Shares Outstanding, Diluted 4.08M shares -25.3%

Income Statement

Label TTM Value / Value Unit Change %
Operating Income (Loss) -1.47M USD -7.88%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -115K USD -116%
Income Tax Expense (Benefit) 72.2K USD -89.7%
Net Income (Loss) Attributable to Parent -187K USD -181%
Earnings Per Share, Basic -0.04 USD/shares 0%
Earnings Per Share, Diluted -0.04 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 0 USD
Assets, Current 35K USD -77.1%
Assets 17.4M USD -44.7%
Liabilities, Current 4.46M USD +47.2%
Deferred Income Tax Liabilities, Net 0 USD -100%
Liabilities 4.69M USD +43.4%
Retained Earnings (Accumulated Deficit) -4.73M USD -77.1%
Stockholders' Equity Attributable to Parent -4.71M USD -77.9%
Liabilities and Equity 17.4M USD -44.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -162K USD +56.3%
Net Cash Provided by (Used in) Financing Activities -15.1M USD +63.2%
Net Cash Provided by (Used in) Investing Activities 15.4M USD -62.8%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 5.52M shares -20%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -201K USD -117%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 29.7K USD -77%
Deferred Tax Assets, Valuation Allowance 407K USD +35.3%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 407K USD +74%
Deferred Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 0 USD
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 0 USD -100%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%