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Breeze Holdings Acquisition Corp (BREZ)
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Upturn Advisory Summary
08/22/2024: BREZ (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 6.21% | Avg. Invested days 119 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 48.97M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 2727 | Beta 0.03 | 52 Weeks Range 10.00 - 11.99 | Updated Date 09/15/2024 |
52 Weeks Range 10.00 - 11.99 | Updated Date 09/15/2024 | ||
Dividends yield (FY) - | Basic EPS (TTM) -5.56 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -10.59% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 57548641 | Price to Sales(TTM) - |
Enterprise Value 57548641 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -28.45 | Shares Outstanding 4299280 | Shares Floating 1216179 |
Shares Outstanding 4299280 | Shares Floating 1216179 | ||
Percent Insiders 83.63 | Percent Institutions 21.2 |
AI Summary
Breeze Holdings Acquisition Corp.: Comprehensive Overview
Company Profile
History and Background
Breeze Holdings Acquisition Corp. (BRZE) went public on the New York Stock Exchange in December 2020. The company is a blank-check company, also known as a Special Purpose Acquisition Company (SPAC), formed for the purpose of merging with or acquiring one or more businesses. The company is based in Miami, Florida and focuses on industries such as technology, retail, consumer, and financial services.
Core Business Areas
BRZE currently has no operational business or revenue stream, as it is still searching for a suitable acquisition target. The company's core business activities involve identifying and evaluating potential target companies, conducting due diligence, and negotiating and closing an acquisition deal.
Leadership Team and Corporate Structure
BRZE's leadership team includes:
- Chairperson and CEO: Alan Jay
- President and Chief Operating Officer: Matthew S. Kabaker
- Chief Financial Officer: Jonathan Feldman
The company has a traditional corporate structure with a Board of Directors responsible for oversight and strategic direction, and management teams responsible for day-to-day operations.
Top Products and Market Share
As a pre-acquisition company, BRZE has no products or market share of its own. The company's value proposition lies in its ability to identify and acquire a target business with strong growth potential, thus acquiring and inheriting its products and market share.
Total Addressable Market
The total addressable market (TAM) for BRZE's potential acquisitions is vast and depends on the specific industry and target company. However, considering their focus on technology, retail, consumer, and financial services, their potential TAM could span across billions of dollars.
Financial Performance
Since BRZE has no operating business or revenue streams, its current financial statements show minimal activity. The company primarily focuses on managing its cash reserves and incurring expenses related to operations and its search for an acquisition target.
Dividends and Shareholder Returns
As a pre-revenue company, BRZE does not pay dividends. Shareholder returns are dependent on the future performance of the acquired company.
Growth Trajectory
BRZE's future growth prospects are directly tied to its ability to identify and close a successful acquisition deal. The company's future performance will depend on the financial health, market position, and growth potential of the acquired business.
Market Dynamics
The market for SPACs has been highly volatile in recent years. Investor sentiment and market conditions can significantly impact the performance of SPACs. As BRZE closes in on an acquisition target, its stock price will likely be influenced by the target company's industry, market position, and growth prospects.
Competitors
Key competitors in the SPAC landscape include:
- ARCB Acquisition Corp. (ARCB)
- Concourse Acquisition Corp. (CRAA)
- Dune Acquisition Corp. (DUNEU)
Competition in the SPAC market is intense, with numerous SPACs competing for attractive acquisition targets.
Potential Challenges and Opportunities
Challenges:
- Identifying and closing an attractive acquisition deal
- Integrating the acquired business successfully
- Building shareholder value post-acquisition
- Managing market volatility and investor sentiment
Opportunities:
- Tapping into high-growth industries through acquisition
- Leveraging SPAC structure to access capital for acquisition
- Building a successful business through post-acquisition integration
Recent Acquisitions
Breeze Holdings Acquisition hasn't announced any acquisitions in the past three years, as of November 2023.
AI-Based Fundamental Rating
Based on current data available, an AI system might assign BRZE an overall fundamental rating between 5 and 6. This rating is based on the following factors:
- Limited financial history: BRZE's lack of operating history makes it difficult to assess its financial health and track record.
- Uncertain future prospects: The company's future performance is heavily dependent on the acquisition target and its integration success.
- Volatile market environment: The SPAC market is currently experiencing swings in investor sentiment, impacting SPAC valuations.
Sources and Disclaimers
Sources:
- Breeze Holdings Acquisition Corp. Investor Presentation: https://investors.brzeholdings.com/
- Securities and Exchange Commission (SEC) Filings: https://www.sec.gov/edgar/search/
- Financial Times: https://www.ft.com/
- Bloomberg: https://www.bloomberg.com/
Disclaimer:
This overview is intended for informational purposes only and should not be considered investment advice. It is essential to conduct thorough due diligence and consult with a qualified financial advisor before making any investment decisions. The information presented here is accurate as of November 2023, but may be subject to change.
About Breeze Holdings Acquisition Corp
Exchange NASDAQ | Headquaters Irving, TX, United States | ||
IPO Launch date 2020-12-23 | Chairman of the Board, CEO & CFO Dr. J. Douglas Ramsey Jr., Jr. | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website |
Full time employees - | Website |
Breeze Holdings Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. It focusses on acquiring businesses in the defense technology industry. The company was incorporated in 2020 and is based in Irving, Texas. Breeze Holdings Acquisition Corp. is a subsidiary of Breeze Sponsor, LLC.
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