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AAC

10.03USD+0.01(+0.10%)Delayed

Ares Acquisition Corporation

Market Summary

USD10.03+0.01Delayed
0.10%

AAC Stock Price

RSI Chart

Valuation

Profitability

Return on Assets

3.25%

Fundamentals

Revenue

Revenue (TTM)

4.9M

Revenue Y/Y

4.2K%

Revenue Q/Q

3.8K%

Earnings

Earnings (TTM)

26.9M

Earnings Y/Y

-40.87%

Earnings Q/Q

37.37%

Price Action

52 Week Range

9.7010.04
(Low)(High)

Last 7 days

0.3%

Last 30 days

0.6%

Last 90 days

1.3%

Trailing 12 Months

2.6%

Financial Health

Current Ratio

0.17

Investor Care

Financials for Ares Acquisition Corporation

Income Statement (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1038.8%4,929433575285220
  S&GA Expenses-8.4%4,1814,5624,5226,4624,756
Net Income-17.3%26,88332,52212,53215,84920,130
Balance Sheet
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.4%1,005,4441,001,1181,001,5281,001,5711,001,746
  Current Assets-44.2%3506289131,2861,580
    Cash Equivalents-52.2%143300500750916
Liabilities-8.2%42,93846,77153,12270,22866,122
  Current Liabilities7.6%3,8743,6003,6003,523923
  Retained Earnings6.9%-42,489.90-45,656.39-51,596.51-68,659.67-64,378.87
  Additional Paid-In CapitalNaN%-----
* denotes actual numbers (not divided by Thousands)
Cashflow (Last 12 Months)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-1.6%-2,247,895.00-2,212,219.00-1,627,485.00-1,413,553.00-1,271,835.00
  Share Based CompensationNaN%0002,146,1292,146,129
Cashflow From InvestingNaN%000-1,000,000,000.00-1,000,000,000.00
Cashflow From Financing2.2%1,475,0001,443,309928,1541,002,163,0631,002,188,063

Risks

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.

Returns

Cumulative Returns on AAC

Which funds bought or sold AAC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
Mint Tower Capital Management B.V.
-
-
12,000
1,241,000
0.10%
2022-11-16
GLENMEDE TRUST CO NA
SOLD OFF
-100
-1,115,000
-
-%
2022-11-16
GLENMEDE TRUST CO NA
SOLD OFF
-100
-1,000
-
-%
2022-11-16
GLENMEDE TRUST CO NA
SOLD OFF
-100
-7,000
-
-%
2022-11-15
Sandia Investment Management LP
UNCHANGED
-
16,000
1,786,000
0.27%
2022-11-15
JANE STREET GROUP, LLC
UNCHANGED
-
-14,000
14,000
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
REDUCED
-13.98
-13,000
9,000
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
22.99
212,000
1,103,000
-%
2022-11-15
Neuberger Berman Group LLC
UNCHANGED
-
-3,000
3,000
-%
2022-11-15
Anson Funds Management LP
UNCHANGED
-
9,000
894,000
0.11%

1–10 of 50

Latest Funds Activity

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

Ares Acquisition Corporation News

InvestorsObserver

Is Blackstone Secured Lending Fund (BXSL) Stock About to Get Hot Thursday?.2 months ago

TheStreet

GuruFocus.com

AAC Fair Value

Recent SEC filings of Ares Acquisition Corporation

View All Filings
Date Filed Form Type Document
Nov 14, 2022
10-Q
Quarterly Report
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

2022-09-30
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
General and administrative expenses$ 517,715$ 898,976$ 1,285,877$ 3,566,745
Loss from operations(517,715)(898,976)(1,285,877)(3,566,745)
Investment income on investments held in Trust Account4,603,791108,0124,808,939165,167
Offering costs associated with warrants recorded as liabilities000(1,677,518)
Change in fair value of warrant liabilities4,074,13814,590,58027,640,42625,208,969
Total other income8,677,92914,698,59232,449,36523,696,618
Net income$ 8,160,214$ 13,799,616$ 31,163,488$ 20,129,873
Class A Ordinary Shares included as part of the units    
Basic weighted average shares outstanding (in shares)100,000,000100,000,000100,000,000100,000,000
Diluted weighted average shares outstanding (in shares)100,000,000100,000,000100,000,000100,000,000
Basic net income per share (in dollars per share)$ 0.07$ 0.11$ 0.25$ 0.16
Diluted net income per share (in dollars per share)$ 0.07$ 0.11$ 0.25$ 0.16
Class B Ordinary Shares    
Basic weighted average shares outstanding (in shares)25,000,00025,000,00025,000,00025,000,000
Diluted weighted average shares outstanding (in shares)25,000,00025,000,00025,000,00025,000,000
Basic net income per share (in dollars per share)$ 0.07$ 0.11$ 0.25$ 0.16
Diluted net income per share (in dollars per share)$ 0.07$ 0.11$ 0.25$ 0.16

AAC Balance Sheet

2022-09-30
CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash$ 143,333$ 749,510
Prepaid expenses206,943536,382
Total current assets350,2761,285,892
Investments held in Trust Account1,005,093,7181,000,284,779
Total assets1,005,443,9941,001,570,671
Current liabilities  
Accrued expenses2,306,8883,476,416
Accrued expenses - related party66,69046,900
Working capital loan1,500,0000
Total current liabilities3,873,5783,523,316
Warrant liabilities4,064,09531,704,522
Deferred underwriting commissions35,000,00035,000,000
Total liabilities42,937,67370,227,838
Commitments and contingencies
Shareholders’ deficit  
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding00
Accumulated deficit(42,489,897)(68,659,667)
Total shareholders’ deficit(42,487,397)(68,657,167)
Total liabilities and shareholders’ deficit1,005,443,9941,001,570,671
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 $10.05 and $10.00 per share at September 30, 2022 and December 31, 2021, respectively1,004,993,7181,000,000,000
Class A Ordinary Shares included as part of the units  
Shareholders’ deficit  
Common stock00
Class B Ordinary Shares  
Shareholders’ deficit  
Common stock$ 2,500$ 2,500