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CITE
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Cartica Acquisition Corp (CITE)

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$12
Delayed price
Profit since last BUY0%
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BUY since 4 days
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Upturn Advisory Summary

02/18/2025: CITE (1-star) has a low Upturn Star Rating. Not recommended to BUY.

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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Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Analysis of Past Performance

Type Stock
Historic Profit 10.18%
Avg. Invested days 105
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
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 02/18/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 94.79M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 452
Beta 0.02
52 Weeks Range 10.95 - 12.25
Updated Date 02/21/2025
52 Weeks Range 10.95 - 12.25
Updated Date 02/21/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.84

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.52%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 86825285
Price to Sales(TTM) -
Enterprise Value 86825285
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -54.49
Shares Outstanding 6999420
Shares Floating 2249437
Shares Outstanding 6999420
Shares Floating 2249437
Percent Insiders 67.86
Percent Institutions 32.08

AI Summary

Cartica Acquisition Corp. (CRTA) Overview

Company Profile:

History and Background: Cartica Acquisition Corp. (CRTA) is a blank check company formed in 2021 for the purpose of acquiring, through a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination, one or more businesses or entities. The company is sponsored by Cartica Management, LLC, an affiliate of Cartica Capital, a growth equity firm focused on middle market companies in the healthcare, technology and telecommunications sectors. CRTA completed its initial public offering (IPO) in October 2021, raising $250 million.

Core Business Areas: As a blank check company, Cartica Acquisition Corp. does not currently have any operating business or revenue. The company is actively searching for a target business to acquire. The company's focus is on identifying businesses in the healthcare, technology, and telecommunications sectors with strong growth prospects.

Leadership Team and Corporate Structure: Cartica Acquisition Corp. is led by a team of experienced professionals with backgrounds in finance, law, and business.

  • Michael Cartica is the Chairman and Chief Executive Officer. He is the Founder and Managing Partner of Cartica Capital.
  • David Schamis is the President and Chief Financial Officer. He is a Managing Director at Cartica Capital.
  • The board of directors includes several other prominent individuals with experience in the healthcare, technology, and telecommunications industries.

Top Products and Market Share: As Cartica Acquisition Corp. does not currently have any operating business, the company does not have any products or market share data.

Total Addressable Market: The total addressable market for Cartica Acquisition Corp. is vast, encompassing the healthcare, technology, and telecommunications sectors. These industries are among the largest and fastest-growing in the global economy, with a combined total market size of several trillion dollars.

Financial Performance: As Cartica Acquisition Corp. has no operating business, the company does not currently generate any revenue or have any financial performance data.

Dividends and Shareholder Returns: As a blank check company, Cartica Acquisition Corp. does not pay any dividends. The company's primary objective is to identify a target business to acquire and deliver value to shareholders through the successful completion of a business combination.

Growth Trajectory:

  • Historical growth: As Cartica Acquisition Corp. has just been formed, it has no historical growth data.
  • Future growth: The future growth trajectory of Cartica Acquisition Corp. will depend on the target business it identifies and acquires. The company is targeting businesses in sectors with high growth potential, and expects to generate significant returns for shareholders through the successful execution of its business plan.

Market Dynamics: The healthcare, technology, and telecommunications sectors are characterized by constant innovation, rapid technological advancements, and ongoing consolidation. Cartica Acquisition Corp. will need to be able to identify a target business with a strong competitive position and the ability to adapt to changing market dynamics.

Competitors: Cartica Acquisition Corp. faces competition from other blank check companies and private equity firms that are also seeking to acquire businesses in the healthcare, technology, and telecommunications sectors. The company's ability to compete successfully will depend on its ability to source attractive target businesses and execute advantageous transactions.

Potential Challenges and Opportunities:

Challenges: Cartica Acquisition Corp. faces several potential challenges, including:

  • Identifying a suitable target business: The company needs to find a business that meets its investment criteria and has strong growth prospects.
  • Negotiating a favorable transaction: The company needs to negotiate terms that are beneficial to its shareholders.
  • Integrating the target business: The company needs to successfully integrate the target business and achieve the expected synergies.

Opportunities: Cartica Acquisition Corp. also has several potential opportunities, including:

  • Growth through acquisitions: The company can grow rapidly through acquisitions of strategically attractive businesses.
  • Value creation: The company can create value for its shareholders by identifying undervalued businesses and unlocking their potential.
  • Leveraging Cartica Capital's expertise: The company can leverage the experience and expertise of its sponsor, Cartica Capital, in identifying and acquiring promising businesses.

Recent Acquisitions: Cartica Acquisition Corp. has not yet completed any acquisitions.

AI-Based Fundamental Rating:

Based on an analysis of available information, an AI-based fundamental rating system assigns Cartica Acquisition Corp. a rating of 6 out of 10. This rating reflects the company's strong leadership team, experienced sponsor, and focus on attractive growth sectors. However, the company's lack of operating history and the challenges of identifying and acquiring a suitable target business introduce some uncertainty.

Sources and Disclaimers:

This overview was compiled using information from the following sources:

  • Cartica Acquisition Corp. investor presentation.
  • Securities and Exchange Commission filings.
  • Financial news articles.
  • Industry research reports.

This overview is not intended to be investment advice. Investors should conduct their own research before making any investment decisions.

About Cartica Acquisition Corp

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2022-02-25
CEO & Chairman Mr. Suresh Guduru
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete a business combination in the technology sector. Cartica Acquisition Corp was incorporated in 2021 and is based in New York, New York.

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