Is Ares Acquisition Corporation II (AACT) a Buy, Sell, or Hold?
NYSE : AACT
Ares Acquisition Corporation II — Financials
$9.49 USD
$0.61 (6.87%)
- Volume
- 918.48K
- Average Volume
- 396.79K
- Market Capitalization
- $587.05M
- P/E Ratio
- -2.16
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $11.62
- Year Low
- $8.47
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $5.54
AACT Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| revenue | 3.8M | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | 50.16M | - | - | - | - | - |
| generalAndAdministrativeExpenses | 36.74M | 1.78M | 1122.89 | 7.34M | 6.46M | 15.1 |
| sellingAndMarketingExpenses | 4.75M | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 41.49M | 1.78M | 1122.89 | 7.34M | 6.46M | 15.1 |
| otherExpenses | 24.77M | - | - | - | - | - |
| operatingExpenses | 116.42M | 1.78M | 1122.89 | 7.34M | 6.46M | 15.1 |
| costAndExpenses | - | 1.78M | 1122.89 | 7.34M | 6.46M | -15.1 |
| netInterestIncome | - | 27.76M | 18038 | - | - | - |
| interestIncome | - | 27.76M | 18038 | - | - | - |
| interestExpense | -4.1M | - | - | - | - | - |
| depreciationAndAmortization | 3.25M | - | 1122.89 | - | - | 206.3K |
| ebitda | -112.62M | 25.99M | 16.92M | -7.34M | -6.46M | - |
| ebit | - | 25.99M | 16.92M | -7.34M | -6.46M | - |
| nonOperatingIncomeExcludingInterest | - | -27.76M | -16.92M | - | - | - |
| operatingIncome | -112.62M | -1.78M | -1122.89 | -7.34M | -6.46M | -15.1 |
| totalOtherIncomeExpensesNet | -472.9M | 27.76M | 18.04M | 28.33M | 22.31M | - |
| incomeBeforeTax | -585.52M | 25.99M | 16915 | 20.98M | 15.85M | -15.1 |
| incomeTaxExpense | 3000 | - | - | -28.33M | - | - |
| netIncomeFromContinuingOperations | -585.52M | 25.99M | 16915 | 49.31M | 15.85M | -15.1 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - |
| netIncome | -585.52M | 25.99M | 16915 | 49.31M | 15.85M | -15.1 |
| netIncomeDeductions | - | - | -16.9M | - | - | - |
| bottomLineNetIncome | -585.52M | 25.99M | 16.92M | 49.31M | 15.85M | -15.1 |
| eps | -6.42 | 0.52 | 0.0 | 0.39 | 0.13 | -0.0 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 50.76M | 975.32K | 1.9M | 37982 | - | - |
| shortTermInvestments | 69.91M | - | - | - | - | - |
| cashAndShortTermInvestments | 120.67M | 975.32K | 1.9M | - | - | - |
| netReceivables | 879K | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - |
| otherReceivables | 879K | - | - | - | - | - |
| inventory | - | - | - | - | - | - |
| prepaids | - | 125.66K | - | - | - | - |
| otherCurrentAssets | 4.46M | - | 509.95K | - | - | - |
| totalCurrentAssets | 126.01M | 1.1M | 2.42M | 1200 | 1250 | 523.48K |
| propertyPlantEquipmentNet | 31.81M | - | - | - | - | - |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - |
| longTermInvestments | - | 550.8M | - | 1013.38 | - | - |
| taxAssets | - | - | - | - | - | - |
| otherNonCurrentAssets | 1.58M | 550.8M | 523.04M | 511.4K | 416.17K | - |
| totalNonCurrentAssets | 33.4M | 550.8M | 523.04M | 1.01B | 416.17K | - |
| otherAssets | - | - | - | 95557 | - | - |
| totalAssets | 159.41M | 551.9M | 525.45M | 1.01B | 417.42K | 523.48K |
| totalPayables | - | 50221 | 7500 | - | - | - |
| accountPayables | 1.46M | - | - | - | - | - |
| otherPayables | - | 50221 | 7500 | - | - | - |
| accruedExpenses | - | - | - | - | 223.06K | - |
| shortTermDebt | 2.98M | - | - | 1.5M | 181.86 | 147.38K |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - |
| otherCurrentLiabilities | 23.68M | 690.35K | 271.63K | 8.18M | 181.86K | 364.94K |
| totalCurrentLiabilities | 26.66M | 740.57K | 279.13K | 9.68M | 404.92K | 512.32K |
| longTermDebt | 3.58M | 5M | 5M | - | 181.86K | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 189.03M | 17.5M | 17.5M | 51.48M | 66.7M | - |
| totalNonCurrentLiabilities | 192.61M | 22.5M | 22.5M | 51.48M | 66.7M | - |
| otherLiabilities | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - |
| totalLiabilities | 219.27M | 23.24M | 22.78M | 61.15M | 404.92K | 512.32K |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | 223.18M | - | - | - | - | - |
| commonStock | 158.35M | 550.7M | 522.94M | 1.01B | 1150 | 2501 |
| retainedEarnings | - | -22.04M | -20.27M | -60.96M | -12497 | -13845 |
| additionalPaidInCapital | - | - | - | - | 23850 | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| netIncome | -585.52M | 25.99M | 16.92M | 20.98M | 15.85M | -15.1 |
| depreciationAndAmortization | 3.25M | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - |
| stockBasedCompensation | 19.08M | - | - | - | - | - |
| changeInWorkingCapital | - | 845.72K | -229.62K | - | 2.9M | - |
| accountsReceivables | 401K | - | - | - | - | - |
| inventory | - | - | - | - | - | - |
| accountsPayables | -717K | - | - | - | - | - |
| otherWorkingCapital | - | 845.72K | -229.62K | - | - | - |
| otherNonCashItems | 468.75M | -27.76M | -18.04M | -23.2M | -20.16M | 15.1 |
| netCashProvidedByOperatingActivities | -94.44M | -929.8K | -1.35M | -2.21M | -1.41M | - |
| investmentsInPropertyPlantAndEquipment | -22.03M | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - |
| purchasesOfInvestments | -69.41M | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - |
| otherInvestingActivities | - | - | -505M | - | -1B | - |
| netCashProvidedByInvestingActivities | -91.43M | - | -505M | - | -1B | - |
| netDebtIssuance | - | - | 4.63M | - | - | - |
| longTermNetDebtIssuance | - | - | 5M | - | - | - |
| shortTermNetDebtIssuance | - | - | -366.78K | - | - | - |
| netStockIssuance | - | - | 500M | - | - | - |
| netCommonStockIssuance | - | - | 500M | - | - | - |
| commonStockIssuance | - | - | 500M | - | 1B | - |
| commonStockRepurchased | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - |
| otherFinancingActivities | 219.93M | - | 3.62M | 1.5M | 1B | - |
| netCashProvidedByFinancingActivities | 219.93M | - | 508.26M | 1.5M | 1B | - |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | 3.5M | 1.83M | 1.05M | 770K | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | 22.7M | 17.55M | 14.35M | 13.45M | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 12.44M | 12.42M | 15.28M | 9.18M | 5.51M | 2.71M | 503.59K | 443.01K | 373.42K | 455.51K |
| sellingAndMarketingExpenses | 1.39M | 1.41M | 1.46M | 1.48M | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 13.82M | 13.83M | 16.74M | 10.66M | 5.51M | 2.71M | 503.59K | 443.01K | 373.42K | 455.51K |
| otherExpenses | 10.65M | 8.3M | 8.67M | 6.63M | - | - | - | - | - | - |
| operatingExpenses | 47.18M | 39.68M | 39.76M | 30.74M | 5.51M | 2.71M | 503.59K | 443.01K | 373.42K | 455.51K |
| costAndExpenses | - | - | - | 30.74M | 5.51M | 2.71M | 503.59K | 443.01K | 373.42K | 455.51K |
| netInterestIncome | - | - | - | -941K | 5.83M | 5.7M | 6.55M | 7.41M | 6.96M | 6848 |
| interestIncome | - | - | - | - | 5.83M | 5.7M | 6.55M | 7.41M | 6.96M | 6848 |
| interestExpense | -909K | -896K | -731K | 941K | - | - | - | - | - | - |
| depreciationAndAmortization | -1.41M | 1.41M | 1.12M | 2.12M | - | - | - | - | 6.96M | 455.51 |
| ebitda | 10.16M | 1.41M | -38.71M | 2.12M | -5.51M | -2.71M | 6.04M | -443K | 6.59M | 6.39M |
| ebit | - | - | - | - | -5.51M | -2.71M | 6.04M | -443K | -373K | 6.39M |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | - | -6.55M | - | -6.96M | -6.39M |
| operatingIncome | -43.68M | -37.85M | -38.71M | -29.97M | -5.51M | -2.71M | -503.59K | -443K | -373K | -456K |
| totalOtherIncomeExpensesNet | - | 64.34M | -34.97M | -239.97M | 5.83M | 5.7M | 6.55M | 7.41M | 6.96M | 6.85M |
| incomeBeforeTax | 12.49M | 26.49M | -73.68M | -269.94M | 326.64K | 2.99M | 6.04M | 6.96M | 6.58M | 6.39M |
| incomeTaxExpense | -14000 | 4000 | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | - | 26.49M | -73.68M | -269.94M | 326.64K | 2.99M | 6.04M | 6.96M | 6.58M | 6.39M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -37.68M | 26.49M | -73.68M | -269.94M | 326.64K | 2.99M | 6.04M | 6.96M | 6.58M | 6.39M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -26.49M | 26.49M | -73.68M | -269.94M | 326.64K | 2.99M | 6.04M | 6.96M | 6.58M | 6393 |
| eps | -0.2 | 0.12 | -0.42 | -3.89 | 0.01 | 0.05 | 0.1 | 0.11 | 0.11 | 0.1 |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 46.75M | 64.95M | 50.76M | 146.2M | 137.9K | 657.31K | 975.32K | 1.19M | 1.4M | 1.64M |
| shortTermInvestments | 104.31M | 25.24M | 69.91M | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 151.06M | 90.19M | 120.67M | 146.2M | 137.9K | 657.31K | 975.32K | 1.19M | 1.4M | 1.64M |
| netReceivables | 512K | 500K | 879K | 706K | 2.44M | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | 879K | 706K | 2.44M | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | 248.74K | 90297 | 125.66K | 247.63K | 371.47K | - |
| otherCurrentAssets | 4.97M | 4.65M | 4.46M | 4.92M | - | - | - | 374 | - | 468.7K |
| totalCurrentAssets | 156.54M | 95.34M | 126.01M | 151.82M | 2.83M | 747.61K | 1.1M | 1.44M | 1.77M | 2.11M |
| propertyPlantEquipmentNet | 36.75M | 34.51M | 31.81M | 24.54M | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | 558.15M | 556.5M | 550.8M | 544.25M | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 1.1M | 974K | 1.58M | 1.48M | 558.15M | -479 | 550.8M | 148 | 536.85M | 529.89M |
| totalNonCurrentAssets | 37.85M | 35.48M | 33.4M | 26.01M | 558.15M | 556.5M | 550.8M | 544.25M | 536.85M | 529.89M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 194.38M | 130.82M | 159.41M | 177.84M | 560.98M | 557.25M | 551.9M | 545.69M | 538.61M | 532M |
| totalPayables | - | - | - | 3.28M | 52582 | 58590 | 50221 | 45449 | 23250 | 22500 |
| accountPayables | 1.01M | 1.03M | 1.46M | 3.28M | - | - | - | - | - | - |
| otherPayables | - | - | - | - | 52582 | 58590 | 50221 | 45449 | 23250 | 22500 |
| accruedExpenses | - | - | - | - | 9.39M | 3.03M | 690.35K | 528.05K | 438K | 409.11K |
| shortTermDebt | 2.81M | 2.67M | 2.98M | 24M | 2.71M | - | - | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 25.47M | 23.2M | 23.68M | 7.37M | 9.45M | 156 | 740.57K | 573.5K | 438K | 431.61 |
| totalCurrentLiabilities | 28.28M | 25.86M | 26.66M | 34.65M | 12.16M | 3.09M | 740.57K | 573.5K | 461.24K | 431.61K |
| longTermDebt | 3.51M | 3.25M | 3.58M | 4.14M | 5M | 5M | 5M | 5M | 5M | 5M |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 128.33M | 124.44M | 189.03M | 135.36M | 9.84M | 17.5M | 17.5M | 17.5M | 17.5M | 17.5M |
| totalNonCurrentLiabilities | 131.84M | 127.69M | 192.61M | 139.5M | 14.84M | 22.5M | 22.5M | 22.5M | 22.5M | 22.5M |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 160.12M | 153.55M | 219.27M | 174.16M | 27M | 25.59M | 23.24M | 23.07M | 22.96M | 22.93M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | 223.18M | 223.18M | 223.18M | 223.18M | - | - | - | - | - | - |
| commonStock | 97.75M | 93.71M | 158.35M | 123.33M | 558.05M | 556.4M | 550.7M | 544.16M | 536.75M | 529.79M |
| retainedEarnings | -814.7M | -827.18M | - | - | -24.07M | -24.75M | -22.04M | -21.54M | -21.09M | -20.72M |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 12.48M | 26.49M | -73.68M | -515.17M | 326.64K | 2.99M | 6.04M | 6.96M | 6.59M | 6393.39 |
| depreciationAndAmortization | 1.65M | 1.41M | 1.12M | 2.12M | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | 6.38M | 6.02M | 8.95M | 10.14M | - | - | - | - | - | - |
| changeInWorkingCapital | 1.33M | - | - | - | 3.75M | 2.39M | 289.03K | 236.1K | 126.86K | 193.73K |
| accountsReceivables | -12000 | 379K | -173K | 574K | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | -211K | 556K | -478K | -239K | - | - | - | - | - | - |
| otherWorkingCapital | 619K | - | - | - | 3.75M | - | 289.03K | 236.1K | 126.86K | 193.73K |
| otherNonCashItems | -55.96M | -63.42M | 39.38M | 434.76M | -5.83M | -3.31M | -6.55M | -7.41M | -6.96M | -461.9K |
| netCashProvidedByOperatingActivities | -34.12M | -29.49M | -24.23M | -68.15M | -1.75M | -318K | -214.56K | -206.91K | -246.56K | -261.78K |
| investmentsInPropertyPlantAndEquipment | -3.93M | -5.53M | -10.14M | -11.88M | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | -104.19M | - | -69.41M | - | -1.48M | - | - | - | - | - |
| salesMaturitiesOfInvestments | 25.27M | 45M | - | - | 7.14M | - | - | - | - | - |
| otherInvestingActivities | 684K | - | - | -5.66M | - | - | - | - | - | - |
| netCashProvidedByInvestingActivities | -82.18M | 39.47M | -79.55M | -17.54M | 5.66M | - | - | - | - | - |
| netDebtIssuance | -1.05M | - | - | - | 2.71M | - | - | - | - | - |
| longTermNetDebtIssuance | -1.05M | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | 2.71M | - | - | - | - | - |
| netStockIssuance | 101.45M | - | - | - | -7.14M | - | - | - | - | - |
| netCommonStockIssuance | 101.45M | - | - | - | -7.14M | - | - | - | - | - |
| commonStockIssuance | 101.45M | - | -3.22M | 3.22M | - | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | -7.14M | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -2.27M | 4.21M | - | 216.02M | - | - | - | - | - | - |
| netCashProvidedByFinancingActivities | 98.13M | 4.21M | - | 216.02M | -4.43M | - | - | - | - | - |