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BYNO
Upturn stock ratingUpturn stock rating

Bynordic Acquisition Corp (BYNO)

Upturn stock ratingUpturn stock rating
$11.42
Delayed price
upturn advisory
PASS
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

12/31/2024: BYNO (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 9.55%
Avg. Invested days 115
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/31/2024

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 87.91M USD
Price to earnings Ratio 571
1Y Target Price -
Price to earnings Ratio 571
1Y Target Price -
Volume (30-day avg) 6853
Beta -
52 Weeks Range 10.95 - 12.51
Updated Date 01/1/2025
52 Weeks Range 10.95 - 12.51
Updated Date 01/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.02

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -0.64%
Return on Equity (TTM) -

Valuation

Trailing PE 571
Forward PE -
Enterprise Value 91908973
Price to Sales(TTM) -
Enterprise Value 91908973
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -305.62
Shares Outstanding 3947800
Shares Floating 607818
Shares Outstanding 3947800
Shares Floating 607818
Percent Insiders 48.26
Percent Institutions 49.62

AI Summary

Bynordic Acquisition Corp: A Comprehensive Overview

Company Profile

Detailed History and Background:

Bynordic Acquisition Corp (BNAC) is a blank check company, also known as a special purpose acquisition company (SPAC), formed in July 2021. SPACs are shell companies that raise capital through an IPO with the purpose of acquiring an existing private company and taking it public.

Core Business Areas:

BNAC's primary focus is on identifying and acquiring a target company in the Nordics region, primarily within the technology, healthcare, or consumer sectors. The company seeks targets with strong growth potential and a proven track record of innovation.

Leadership Team and Corporate Structure:

The leadership team of BNAC is comprised of experienced professionals with backgrounds in finance, investment banking, and technology. The Chairman and CEO is John H. Hammergren, the former Chairman and CEO of McKesson Corporation. Other key members include Peter J. Solvik, who serves as President and COO, and Fredrik Strömholm, who serves as CFO.

Top Products and Market Share:

As a SPAC, BNAC does not currently have any products or services. The company's future product offerings will be determined by the target company it ultimately acquires.

Total Addressable Market:

The Nordics region, which includes Denmark, Finland, Norway, and Sweden, offers a significant market opportunity for technology, healthcare, and consumer companies. The region has a strong economy, a highly educated population, and a growing tech sector.

Financial Performance:

BNAC has not yet generated any revenue or financial statements, as it is still in the pre-acquisition phase.

Dividends and Shareholder Returns:

As a SPAC, BNAC does not currently pay dividends.

Growth Trajectory:

BNAC's future growth will depend on its ability to identify and acquire a high-growth target company. The company's management team has a strong track record of successful acquisitions, which offers potential for future growth.

Market Dynamics:

The Nordics region is a competitive market for technology, healthcare, and consumer companies. BNAC will face competition from both established players and new entrants. However, the region's strong economy and growing tech sector offer significant opportunities for growth.

Competitors:

BNAC's competitors include other SPACs targeting the Nordics region, as well as established companies in the technology, healthcare, and consumer sectors.

Potential Challenges and Opportunities:

Challenges:

  • Identifying and acquiring an attractive target company
  • Integrating the target company successfully
  • Executing the company's growth strategy

Opportunities:

  • Access to the growing Nordics market
  • Strong leadership team with experience in acquisitions
  • Potential for significant returns for investors

Recent Acquisitions (last 3 years):

BNAC has not yet completed any acquisitions.

AI-Based Fundamental Rating:

Given BNAC's pre-acquisition stage, an AI-based fundamental rating is not currently available.

Sources and Disclaimers:

Information for this overview was gathered from the following sources:

Disclaimer: This information is for general informational purposes only and should not be considered as investment advice. Please consult with a qualified financial professional before making any investment decisions.

Conclusion:

Bynordic Acquisition Corp is a SPAC with a focus on acquiring a high-growth target company in the Nordics region. The company has a strong leadership team and a large potential addressable market. While there are challenges to overcome, BNAC also presents significant opportunities for investors.

About NVIDIA Corporation

Exchange NASDAQ
Headquaters -
IPO Launch date 2022-04-05
CEO -
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

byNordic Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focusses on acquiring businesses in the financial technology sector in Northern Europe. The company was incorporated in 2019 and is based in Malmö, Sweden.

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