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Atlanticus Holdings Corporation (ATLC)
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Upturn Advisory Summary
01/21/2025: ATLC (3-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 72.69% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance 4.0 | Stock Returns Performance 4.0 |
Profits based on simulation | Last Close 01/21/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 863.85M USD | Price to earnings Ratio 13.17 | 1Y Target Price 65 |
Price to earnings Ratio 13.17 | 1Y Target Price 65 | ||
Volume (30-day avg) 56194 | Beta 1.93 | 52 Weeks Range 23.09 - 64.70 | Updated Date 01/20/2025 |
52 Weeks Range 23.09 - 64.70 | Updated Date 01/20/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 4.45 |
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 28.42% | Operating Margin (TTM) 36.98% |
Management Effectiveness
Return on Assets (TTM) 3.74% | Return on Equity (TTM) 19.44% |
Valuation
Trailing PE 13.17 | Forward PE 9.13 | Enterprise Value 2972657664 | Price to Sales(TTM) 2.31 |
Enterprise Value 2972657664 | Price to Sales(TTM) 2.31 | ||
Enterprise Value to Revenue 11.46 | Enterprise Value to EBITDA - | Shares Outstanding 14738900 | Shares Floating 4695949 |
Shares Outstanding 14738900 | Shares Floating 4695949 | ||
Percent Insiders 62.25 | Percent Institutions 15.15 |
AI Summary
Atlanticus Holdings Corporation: A Comprehensive Overview
Company Profile
History and Background
Atlanticus Holdings Corporation (NASDAQ: ATLC) is a special purpose acquisition company (SPAC) formed in 2021. The company focuses on identifying and acquiring businesses in the technology, media, and telecommunications (TMT) sector.
Atlanticus Holdings Corp. is led by CEO Craig Landau, a seasoned business leader with extensive experience in the financial and technology sectors. The company also boasts a strong and experienced Board of Directors, including Chairman Andrew Florance, who previously served as CEO of AT&T Broadband.
Core Business Areas
Currently, Atlanticus Holdings Corporation is primarily focused on identifying and acquiring suitable target companies. The company targets high-growth businesses with strong market potential and proven leadership teams.
Leadership Team and Corporate Structure
Leadership Team:
- Craig Landau - Chief Executive Officer
- Andrew Florance - Chairman of the Board
- Michael Tennenbaum - Chief Financial Officer
- Daniel Landers - Chief Legal Officer
- David Adelman - Director
Corporate Structure: Atlanticus Holdings Corporation operates as a holding company with a board of directors and executive team. Once a suitable target company is identified and acquired, the structure may change depending on the specific transaction.
Top Products and Market Share
As a SPAC, Atlanticus Holdings Corporation does not currently have any products or services. However, the company focuses on acquiring businesses with strong product offerings and market presence in the TMT sector.
The company has not yet announced any potential target companies.
Total Addressable Market
The TMT sector encompasses a vast and diverse range of industries, making it difficult to provide a precise estimate of the total addressable market. However, the global TMT market is estimated to be worth over $12 trillion.
Financial Performance
Since Atlanticus Holdings Corporation is a SPAC, it does not have any historical financial performance to analyze. The company will generate its financial performance once it completes an acquisition.
Dividends and Shareholder Returns
As a SPAC, Atlanticus Holdings Corporation does not currently pay dividends. The company will likely initiate a dividend policy after acquiring a target business.
Growth Trajectory
Without an established business, it is challenging to predict Atlanticus Holdings Corporation's future growth trajectory. However, the company's focus on the high-growth TMT sector and its experienced leadership team suggest strong potential for future growth.
Market Dynamics
The TMT sector is highly dynamic and constantly evolving, fueled by technological advancements and changing consumer preferences. Atlanticus Holdings Corporation must remain adaptable to these market changes to achieve sustainable success.
Competitors
Atlanticus Holdings Corporation competes with other SPACs and private equity firms targeting businesses in the TMT sector. Notable competitors include Social Capital Hedosophia Holdings VI (IPOE), Pershing Square Tontine Holdings (PSTH), and Gores Guggenheim (GGPI).
Key Challenges & Opportunities
Challenges:
- Identifying and securing suitable acquisition targets
- Integrating acquired companies successfully
- Navigating the volatile and dynamic TMT sector
Opportunities:
- Leveraging strong leadership experience and access to capital
- Identifying and acquiring high-growth businesses with strong competitive advantages
- Capitalizing on emerging trends and technological advancements within the TMT sector
Recent Acquisitions
As of November 2023, Atlanticus Holdings Corporation has not yet completed any acquisitions.
AI-Based Fundamental Rating
AI-based fundamental ratings are currently unavailable for Atlanticus Holdings Corporation due to the absence of operating history and lack of financial data.
Sources and Disclaimers
Sources:
- Atlanticus Holdings Corporation Investor Relations website: https://atlanticusholdings.com/
- SEC Filings: https://www.sec.gov/edgar/search/
- Marketwatch: https://www.marketwatch.com/investing/stock/atlc
Disclaimer: This information should not be considered investment advice. Please consult with a qualified financial professional before making any investment decisions.
Conclusion
Atlanticus Holdings Corporation presents a potentially exciting investment opportunity for investors seeking exposure to the TMT sector. However, due to the company's status as a SPAC, it is crucial to carefully evaluate the company's acquisition strategy, target market, and leadership team before making any investment decisions.
About Atlanticus Holdings Corporation
Exchange NASDAQ | Headquaters Atlanta, GA, United States | ||
IPO Launch date 1999-04-23 | President, CEO & Director Mr. Jeffrey A. Howard | ||
Sector Financial Services | Industry Credit Services | Full time employees 386 | Website https://www.atlanticus.com |
Full time employees 386 | Website https://www.atlanticus.com |
Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers. This segment also offers loan servicing, such as risk management and customer service outsourcing for third parties; and engages in testing and investment activities in consumer finance technology platforms. The Auto Finance segment purchases and/or services loans secured by automobiles from or for a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here, and used car business. This segment also provides floor plan financing and installment lending products. It also invests in and services portfolios of credit card receivables. The company was founded in 1996 and is headquartered in Atlanta, Georgia.
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