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Ares Acquisition Corporation Stock Research

AAC

10.30USD+0.04(+0.39%)Delayed

Market Summary

USD10.30+0.04
Delayed
0.39%

AAC Stock Price

AAC RSI Chart

AAC Valuation

AAC Profitability

Return on Equity

-34.42%

Return on Assets

2.07%

AAC Fundamentals

AAC Revenue

Revenue (TTM)

13.1M

Revenue Y/Y

6.8K%

Revenue Q/Q

80.04%

AAC Earnings

Earnings (TTM)

21.0M

Earnings Y/Y

-137.8%

Earnings Q/Q

-224.75%

Price Action

52 Week Range

9.7510.30
(Low)(High)

Last 7 days

0.1%

Last 30 days

0.6%

Last 90 days

1.9%

Trailing 12 Months

5.2%

AAC Financial Health

Current Ratio

0.01

AAC Investor Care

Financials for Ares Acquisition Corporation

Income Statement (Last 12 Months)
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue165.8%13,0984,929433575285
  S&GA Expenses75.6%7,3434,1814,5624,5226,462
Net Income-21.9%20,98426,88332,52212,53215,849
Net Income Margin-70.6%1.60*5.45*75.15*21.80*55.65*
Free Cahsflow1.6%-2,211-2,247-2,212-1,627-1,413
Balance Sheet
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.8%1,013,4781,005,4441,001,1181,001,5281,001,571
  Current Assets-72.7%96.003506289131,286
    Cash Equivalents-73.5%38.00143300491750
Liabilities42.4%61,15242,93846,77153,12270,228
  Current Liabilities148.1%9,6763,9003,6333,6003,523
Shareholder's Equity11.2%-60,956-68,657---
  Retained Earnings-43.5%-60,958-42,489-45,656-51,596-68,659
  Additional Paid-In Capital------
Cashflow (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations1.6%-2,211,528-2,247,895-2,212,219-1,627,485-1,413,553
  Share Based CompensationNaN%0.000.000.000.002,146,129
Cashflow From InvestingNaN%0.000.000.000.00-1,000,000,000
Cashflow From Financing1.7%1,500,0001,475,0001,443,309928,1541,002,163,063

Risks for AAC

What is the probability of a big loss on AAC?

0%


Probability that Ares Acquisition Corporation stock will be more than 20% underwater in next one year

0%


Probability that Ares Acquisition Corporation stock will be more than 30% underwater in next one year.

0%


Probability that Ares Acquisition Corporation stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AAC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Ares Acquisition Corporation was unfortunately bought at previous high price.

Drawdowns

Returns for AAC

Cumulative Returns on AAC

Which funds bought or sold AAC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-06
OLD MISSION CAPITAL LLC
sold off
-100
-206,000
-
-%
2023-03-06
Rockefeller Capital Management L.P.
sold off
-100
-
-
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-11.76
-8,000
76,000
-%
2023-03-01
B. Riley Financial, Inc.
new
-
824,834
824,834
0.18%
2023-02-17
Radcliffe Capital Management, L.P.
reduced
-1.7
-7,173
2,276,830
0.07%
2023-02-17
Radcliffe Capital Management, L.P.
reduced
-
180,838
13,041,800
0.41%
2023-02-16
SkyView Investment Advisors, LLC
unchanged
-
6,000
254,000
0.08%
2023-02-15
NOMURA HOLDINGS INC
unchanged
-
105,000
159,000
-%
2023-02-15
GABELLI & Co INVESTMENT ADVISERS, INC.
unchanged
-
7,229
506,229
0.11%
2023-02-15
Resurgent Financial Advisors LLC
unchanged
-
5,667
383,667
0.20%

1–10 of 48

Latest Funds Activity

Are funds buying AAC calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AAC
No. of Funds

Ares Acquisition Corporation News

Defense World

Ares Acquisition (NYSE:AAC) vs. Paul Mueller (OTCMKTS:MUEL ....

Defense World,
4 days ago

Schedule 13G FIlings of Ares Acquisition Corporation

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
aristeia capital llc
8.28%
8,279,018
SC 13G/A
Jan 10, 2023
glazer capital, llc
12.97%
12,965,873
SC 13G
Feb 14, 2022
aristeia capital llc
7.08%
7,081,000
SC 13G
Feb 11, 2022
ares acquisition holdings lp
28.7%
40,183,333
SC 13G

AAC Fair Value

Recent SEC filings of Ares Acquisition Corporation

View All Filings
Date Filed Form Type Document
Mar 13, 2023
425
Prospectus Filed
Mar 13, 2023
425
Prospectus Filed
Mar 10, 2023
10-K/A
Annual Report
Mar 10, 2023
425
Prospectus Filed
Mar 10, 2023
425
Prospectus Filed
Mar 10, 2023
425
Prospectus Filed
Mar 08, 2023
425
Prospectus Filed
Mar 08, 2023
425
Prospectus Filed
Mar 07, 2023
425
Prospectus Filed
Mar 07, 2023
425
Prospectus Filed
David B. Kaplan
4
Ares Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

AAC Income Statement

2022-12-31
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
11 Months Ended12 Months Ended
Dec. 31, 2020
Dec. 31, 2022
Dec. 31, 2021
General and administrative expenses$ 13,845$ 7,342,712$ 6,461,616
Loss from operations(13,845)(7,342,712)(6,461,616)
Investment income on investments held in Trust Account013,097,713284,779
Offering costs associated with warrants recorded as liabilities00(1,677,518)
Change in fair value of warrant liabilities015,228,58923,703,427
Total other income028,326,30222,310,688
Net income (loss)$ (13,845)$ 20,983,590$ 15,849,072
Class A Ordinary Shares included as part of the units   
Basic weighted average shares outstanding (in shares)0100,000,000100,000,000
Diluted weighted average shares outstanding (in shares)0100,000,000100,000,000
Basic net income per share (in dollars per share)$ 0$ 0.17$ 0.13
Diluted net income per share (in dollars per share)$ 0$ 0.17$ 0.13
Class B Ordinary Shares   
Basic weighted average shares outstanding (in shares)25,000,00025,000,00025,000,000
Diluted weighted average shares outstanding (in shares)25,000,00025,000,00025,000,000
Basic net income per share (in dollars per share)$ (0.00)$ 0.17$ 0.13
Diluted net income per share (in dollars per share)$ (0.00)$ 0.17$ 0.13

AAC Balance Sheet

2022-12-31
CONDENSED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash$ 37,982$ 749,510
Prepaid expenses57,577536,382
Total current assets95,5591,285,892
Investments held in Trust Account1,013,382,4911,000,284,779
Total assets1,013,478,0501,001,570,671
Current liabilities  
Accrued expenses8,114,7733,476,416
Accrued expenses - related party60,92146,900
Working capital loan1,500,0000
Total current liabilities9,675,6943,523,316
Warrant liabilities16,475,93331,704,522
Deferred underwriting commissions35,000,00035,000,000
Total liabilities61,151,62770,227,838
Commitments and contingencies
Shareholders’ deficit  
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding00
Accumulated deficit(60,958,568)(68,659,667)
Total shareholders’ deficit(60,956,068)(68,657,167)
Total liabilities and shareholders’ deficit1,013,478,0501,001,570,671
Class A Ordinary Shares Subject To Redemotion  
Current liabilities  
Class A ordinary shares, $0.0001 par value; 100,000,000 shares subject to possible redemption at $10.13 and $10.00 per share at December 31, 2022 and 2021, respectively1,013,282,4911,000,000,000
Class A Ordinary Shares included as part of the units  
Shareholders’ deficit  
Common stock00
Class B Ordinary Shares  
Shareholders’ deficit  
Common stock$ 2,500$ 2,500