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Upturn AI SWOT - About
Cartica Acquisition Corp (CITE)
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Upturn Advisory Summary
03/27/2025: CITE (1-star) is a SELL. SELL since 1 days. Profits (-2.42%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
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 7.52% | Avg. Invested days 110 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 03/27/2025 |
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) 141 | Beta 0.02 | 52 Weeks Range 10.96 - 12.25 | Updated Date 04/1/2025 |
52 Weeks Range 10.96 - 12.25 | Updated Date 04/1/2025 | ||
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 93807528 | Price to Sales(TTM) - |
Enterprise Value 93807528 | 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 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Cartica Acquisition Corp
Company Overview
History and Background
Cartica Acquisition Corp was a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It was incorporated in 2021. The company ultimately did not complete an acquisition and liquidated.
Core Business Areas
Leadership and Structure
N/A - Cartica Acquisition Corp was a SPAC with a management team focused on finding an acquisition target. The structure was typical of a SPAC, with a board of directors overseeing the management team.
Top Products and Market Share
Key Offerings
Market Dynamics
Industry Overview
Cartica Acquisition Corp operated within the Special Purpose Acquisition Company (SPAC) market. This market involves companies created solely to raise capital through an IPO for the purpose of acquiring an existing operating company. The SPAC market experienced significant growth in 2020 and 2021, followed by a decline in 2022-2023 due to regulatory scrutiny and market saturation.
Positioning
Cartica Acquisition Corp's position was that of a SPAC actively searching for a suitable acquisition target within a specific industry (previously focused on consumer and retail). It did not successfully complete an acquisition.
Total Addressable Market (TAM)
The TAM for the SPAC market is difficult to quantify precisely, as it depends on the number of SPACs formed and the size of the acquisition targets they pursue. The market can fluctuate significantly based on investor sentiment and regulatory changes. Cartica Acquisition Corp never established it's own TAM as they did not end up merging with a company.
Upturn SWOT Analysis
Strengths
- Experienced management team in M&A and investing (initially)
- Capital raised through IPO (initially)
- Flexibility to pursue acquisitions across various sectors (initially)
Weaknesses
- Dependence on identifying and completing a suitable acquisition target
- Limited operational history as a standalone entity
- Potential for shareholder dilution upon completion of an acquisition
- Liquidation due to inability to find suitable target
Opportunities
- Identifying a high-growth target company with significant potential (initially)
- Creating value through operational improvements and strategic synergies (initially)
Threats
- Increased competition from other SPACs
- Unfavorable market conditions for mergers and acquisitions
- Regulatory changes impacting the SPAC market
- Inability to find a suitable target within the specified timeframe (ultimately realized)
Competitors and Market Share
Key Competitors
Competitive Landscape
As a SPAC, Cartica Acquisition Corp competed with other SPACs seeking acquisition targets. The competitive landscape was intense, with many SPACs vying for deals in various sectors. Cartica did not have advantages as they were unable to close a deal.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: N/A - Growth is not applicable for a SPAC prior to acquisition.
Future Projections: N/A - Cartica Acquisition Corp liquidated, so there are no future projections.
Recent Initiatives: Cartica Acquisition Corp.'s recent initiatives involved the search for an acquisition target in the consumer and retail sector. Ultimately, they liquidated due to inability to find an adequate merge.
Summary
Cartica Acquisition Corp was a SPAC that failed to find a suitable acquisition target and liquidated. The company was formed with the intention of merging with an existing business, but market conditions and competitive pressures prevented it from completing a deal. Ultimately, the company was unable to deliver the promised value to shareholders and had to wind down its operations. The end result was a return of capital to the shareholders, ending the company's life cycle.
Similar Companies
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Press Releases
Disclaimers:
This analysis is based on publicly available information and historical data. The information provided is for informational purposes only and should not be construed as investment advice. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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 - | Website https://carticaspac.com |
Full time employees - | Website https://carticaspac.com | ||
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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