M&A
confidence high
sentiment negative
materiality 0.70
Adapti files Ballengee Group financials; revenue $7.08M, net loss $1.22M in 2024
Adapti, Inc.
- Acquired Ballengee Group reported 2024 revenue of $7.08M, net loss of $1.22M, and accumulated deficit of $20.6M.
- Total assets as of Dec 31, 2024 were $10.5M; members' equity $2.57M.
- Audited financials for 2024 and 2023, and unaudited for six months ended June 30, 2025 are included.
- Pro forma financials for Adapti for fiscal years ending Mar 31, 2025 and 2024, and three months June 30, 2025 also filed.
- Going concern note: company has incurred substantial losses since inception and may need adjustments.