Jones Ventures INTL Acquisition1 Corp (JONE)
Jones Ventures INTL Acquisition1 Corp is a blank check company. It was created for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company was founded on June 15, 2021 and is headquartered in New York, NY.
Sector: Blank Checks
Industry: Financial - Conglomerates
Jones Ventures Intl Acquisition1
NASDAQ:JONEFinancial Services · Financial - Conglomerates
+0.00%$9.81
Mkt Cap$206.41M
Float14.59M
O/S21.04M
Inst Own0.5%
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$236.36M
Net Income-$1.29B
Total Assets$405.57M
Free Cash Flow$63.75M
Debt & Equity
Debt 520%
Total Debt$987.08M
Total Equity-$797.29M
Shares Outstanding
Short Interest
Split History2 splits · 1 reverse
- 1:20Reverse splitSep 10, 201820 shares → 1
- 1.1:1Forward splitMar 13, 20171 share → 1.1
Balance Sheet Details
Assets$405.57M
Liabilities$1.2B
Accounts Receivable$33.95M
Accounts Payable$32.51M
Inventory$0
PP&E (Net)$271.85M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $236.36M | $188.57M | $127.85M | $197.4M | $380.6M | $259.17M |
| YoY Growth | 25.3% | 47.5% | -35.2% | -48.1% | 46.9% | - |
| Cost of Revenue | $3.37M | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $232.99M | $188.57M | $127.85M | $197.4M | $380.6M | $259.17M |
| Gross Margin | 98.6% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $8.16M | $14.14M | $6.67M | $6.55M | $3.45M | $1.71M |
| Selling, General, and Administrative | $31.2M | $29.89M | $29.64M | $33.39M | $25.76M | $31.9M |
| Other | $46.24M | $37.6M | $34.1M | $46.3M | -$25.76M | -$31.9M |
| Total Operating Expenses | $85.6M | $81.63M | $70.42M | $86.24M | $3.45M | $1.71M |
| Operating Income (EBIT) | -$1.37B | -$216.81M | -$104.27M | -$106.47M | $107M | $55.75M |
| Operating Margin | -579.8% | -115.0% | -81.6% | -53.9% | 28.1% | 21.5% |
| Interest Expense | $89.33M | $51.65M | $53.13M | $61.29M | $46.73M | $30.77M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$38.15M | -$12.68M | -$4.33M | $94.61M | $143.21M | -$33.42M |
| Income Before Tax (EBT) | -$1.41B | -$229.49M | -$108.59M | -$11.86M | $250.22M | $22.33M |
| Income Tax Expense | -$61.84M | -$50.67M | -$23.79M | -$2.78M | $26.07M | -$71K |
| Net Income | -$1.29B | -$101.49M | -$42.55M | -$2.38M | $40.87M | -$2.19M |
| Net Income Margin | -546.2% | -53.8% | -33.3% | -1.2% | 10.7% | -0.8% |
| Supplementary Data | ||||||
| EPS | -270.32 | -1.40 | -1.06 | -0.09 | 3.26 | -0.17 |
| Diluted EPS | -270.32 | -1.40 | -1.06 | -0.09 | 3.26 | -0.17 |
| Weighted Average OS | 4.78M | 72.41M | 40.01M | 26.82M | 12.53M | 12.50M |
| EBITDA | -$1.08B | $70.67M | $147.16M | $269.63M | $301.06M | $144.86M |
| EBITDA Margin | -456.5% | 37.5% | 115.1% | 136.6% | 79.1% | 55.9% |
Balance Sheet
| Period | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $58.46M | $19.47M | $34.64M | $21.89M | $13.57M | $23.82M |
| Short-Term Investments | $5M | $3.47M | $24.1M | $124.21M | $121.52M | $8.84M |
| Cash and Short-Term Investments | $63.47M | $22.95M | $58.74M | $146.1M | $135.09M | $32.66M |
| Accounts Receivable | $33.95M | $34.49M | $26.57M | $19.29M | $49.86M | $51.23M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $32.71M | $47.26M | $14.01M | $29.11M | $57.8M | $46.39M |
| Total Current Assets | $130.13M | $104.7M | $99.32M | $194.5M | $242.74M | $130.28M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $271.85M | $1.6B | $1.74B | $1.64B | $1.64B | $1.31B |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.42M | $172K | $34.74M | $93.3M | $87.06M | $25.4M |
| Deferred Tax Assets | $129K | $0 | $0 | $0 | $171K | $1.3M |
| Other Long-Term Assets | $2.05M | $8.15M | $9.05M | $21.84M | $24.4M | $18.45M |
| Total Long-Term Assets | $275.44M | $1.61B | $1.79B | $1.75B | $1.75B | $1.36B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $405.57M | $1.71B | $1.89B | $1.95B | $1.99B | $1.49B |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $32.51M | $72.66M | $36.53M | $7.47M | $136.34M | $89.43M |
| Short-Term Debt | $4.93M | $4.05M | $2.58M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $1.08M | $5.46M | $7.05M | $11.42M | $13.38M | $14.53M |
| Other Current Liabilities | $71.13M | $84.32M | $61.65M | $49.02M | $80.28M | $75.71M |
| Total Current Liabilities | $109.64M | $166.49M | $107.81M | $67.91M | $230M | $179.67M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $982.16M | $759.32M | $724.01M | $847.91M | $360M | $658M |
| Long-Term Unearned Revenue | $4.12M | $5.46M | $7.05M | $11.42M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $4.12M | $14.28M | $2.9M | $22.97M | $26.61M | $3.09M |
| Other Long-Term Liabilities | $495K | $811K | $792K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $990.89M | $779.87M | $734.75M | $882.3M | $386.61M | $661.09M |
| Other Liabilities | $102.34M | $293.92M | $605.92M | $595.21M | $524.74M | $23.09M |
| Total Liabilities | $1.2B | $1.24B | $1.45B | $1.55B | $1.14B | $863.86M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $5K | $90K | $57K | $31K | $13K | $13K |
| Retained Earnings | -$1.44B | -$136.27M | -$8.65M | $36.57M | $38.68M | -$2.19M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $637.75M | $605.97M | $446.81M | $363.4M | $813.18M | $626.3M |
| Total Equity | -$797.29M | $469.79M | $438.21M | $400M | $851.87M | $624.12M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $405.57M | $1.71B | $1.89B | $1.95B | $1.99B | $1.49B |
| Supplementary Data | ||||||
| Total Debt | $987.08M | $763.37M | $726.59M | $847.91M | $360M | $658M |
| Net Debt | $928.62M | $743.89M | $691.95M | $826.02M | $346.43M | $634.18M |
Cash Flow Statement
| Period | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | ||||||
| Net Income | -$1.29B | -$101.49M | -$42.55M | -$2.38M | $40.87M | -$2.19M |
| Depreciation & Amortization | $184.55M | $171.18M | $160.37M | $213.5M | $187.39M | $116.34M |
| Deferred Income Tax | $61.84M | $47.08M | $27.77M | $2.89M | -$26.02M | $156K |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | $8.9M | -$34.62M | $2.28M | $64.51M | -$832K | -$41.48M |
| Inventory | $78.59M | $7.9M | -$146.78M | -$22.72M | $47.74M | $0 |
| Accounts Payable | -$25.7M | $35.2M | $17.9M | -$54.53M | $2.48M | $35.32M |
| Other Working Capital | $20.49M | -$61.79M | -$8.48M | $126.6M | $12.74M | $6.16M |
| Total Working Capital Change | $82.28M | -$53.3M | -$135.08M | $113.86M | $62.13M | -$55.55M |
| Other Non-Cash Items | $1.03B | -$10.72M | $7.77M | -$266.4M | -$2.99M | $94.3M |
| Net Cash from Operating | $64.11M | $59.01M | $25.7M | $69.03M | $265.42M | $163.9M |
| Investing Activities | ||||||
| Capital Expenditures | -$360K | -$586K | -$310K | -$1.1M | $15.71M | -$193.5M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | -$358K | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$240.53M | -$109.42M | -$130.55M | -$167.3M | -$479.25M | -$190.1M |
| Net Cash from Investing | -$240.89M | -$110M | -$130.86M | -$168.4M | -$463.9M | -$383.6M |
| Financing Activities | ||||||
| Debt Repaid | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $8.33M | $65.45M | $122.78M | $0 | $172.48M |
| Common Stock Repurchases | -$58.46M | -$19.47M | -$34.64M | -$21.89M | -$358K | -$23.82M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $215.78M | $35.83M | $117.91M | $107.7M | $188.23M | $219.8M |
| Net Cash from Financing | $215.78M | $35.83M | $117.91M | $107.7M | $188.23M | $219.8M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $38.99M | -$15.17M | $12.75M | $8.33M | -$10.25M | $94K |
| Supplementary Data | ||||||
| Operating Cash Flow | $64.11M | $59.01M | $25.7M | $69.03M | $265.42M | $163.9M |
| Capital Expenditure | -$360K | -$586K | -$310K | -$1.1M | $15.71M | -$193.5M |
| Free Cash Flow | $63.75M | $58.42M | $25.39M | $67.93M | $281.13M | -$29.6M |
| Cash at Beginning | $19.47M | $34.64M | $21.89M | $13.57M | $23.82M | $23.73M |
| Cash at End | $58.46M | $19.47M | $34.64M | $21.89M | $13.57M | $23.82M |