BackACE Convergence Acquisition Overview

ACE Convergence Acquisition Net Income

Latest net income for ACEV: $-130M, below the Technology sector average of $12T.

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Quarterly Net Income

-$7.39M
100.01% YoY

As of Mar 2023

Annual Net Income (TTM)

-$126.27M

Trailing 12 months ending Mar 2023

Average Net Income (Comparison Companies)

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Net Income History

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Net Income Comparison

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Annual Net Income Growth Rate (%)

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Annual Net Income Growth (Absolute)

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ACE Convergence Acquisition (ACEV) FAQ

The latest net income for ACEV is $-130M as of March 2023. That is below the Technology sector average of $12T. Investors often review this figure alongside ACE Convergence Acquisition's historical trend and sector peers before judging valuation or financial health.

Against Technology companies, ACEV currently prints $-130M for net income, while the sector average sits near $12T. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at ACE Convergence Acquisition's growth, margins, and balance sheet.

A net income figure of $-130M for ACEV is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Technology average is about $12T. Explore the charts below for those layers of context.

After noting ACEV's net income ($-130M), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.

This page's peer comparison chart is the fastest way to stack ACE Convergence Acquisition's net income against similar Technology names. You can also browse sector and industry screens on Stockcircle for a broader set of Technology companies and their key multiples and fundamentals.