Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
DMYY
Upturn stock ratingUpturn stock rating

dMY Squared Technology Group Inc (DMYY)

Upturn stock ratingUpturn stock rating
$11.18
Delayed price
Profit since last BUY-2.87%
upturn advisory
Consider higher Upturn Star rating
BUY since 25 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
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

04/01/2025: DMYY (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

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

AI Based Fundamental Rating

ratingratingratingratingrating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -1.28%
Avg. Invested days 54
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 43.81M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 118158
Beta -0.04
52 Weeks Range 10.40 - 11.90
Updated Date 04/2/2025
52 Weeks Range 10.40 - 11.90
Updated Date 04/2/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.01

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.63%
Return on Equity (TTM) 1.1%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 44861835
Price to Sales(TTM) -
Enterprise Value 44861835
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA 16.19
Shares Outstanding 2338590
Shares Floating 1606087
Shares Outstanding 2338590
Shares Floating 1606087
Percent Insiders -
Percent Institutions 79.2

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

dMY Squared Technology Group Inc

stock logo

Company Overview

overview logo History and Background

dMY Squared Technology Group Inc. was a special purpose acquisition company (SPAC) focused on merging with a technology business. SPACs have a limited lifespan and are formed to acquire an existing private company, thus taking them public. dMY Squared Technology Group Inc. no longer exists as it completed a merger.

business area logo Core Business Areas

leadership logo Leadership and Structure

A SPAC typically has a management team with experience in investing and operations. Structure involves the SPAC founders, investors, and ultimately the target company's management team after the merger.

Top Products and Market Share

overview logo Key Offerings

Market Dynamics

industry overview logo Industry Overview

The SPAC market has experienced periods of boom and bust, driven by investor sentiment and regulatory changes. The SPAC market provided an alternative route to a public offering.

Positioning

dMY Squared Technology Group Inc's position was to identify and acquire a business in the technology sector.

Total Addressable Market (TAM)

The TAM for potential merger targets was the entire market of private technology companies seeking public market access. The success depended on identifying a target that benefited from a public listing.

Upturn SWOT Analysis

Strengths

  • Experienced management team
  • Access to public capital
  • Flexibility in deal structure

Weaknesses

  • Limited lifespan
  • Dependence on finding a suitable target
  • Potential for shareholder dilution

Opportunities

  • Growing demand for technology investments
  • Potential for high returns through successful merger
  • Favorable market conditions for IPOs

Threats

  • Competition from other SPACs
  • Regulatory scrutiny
  • Market volatility
  • Inability to find suitable merger target

Competitors and Market Share

competitor logo Key Competitors

  • Several SPACs existed.
  • Limited Information
  • Available to show specific
  • Competitors due to lack
  • of a target company

Competitive Landscape

The competitive landscape for SPACs is intense, with numerous SPACs vying for the same targets.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Growth for a SPAC is linked to the performance of the merged entity.

Future Projections: Future projections are entirely dependent on the acquired company's business plan.

Recent Initiatives: Recent initiatives would relate to identifying and evaluating potential merger targets.

Summary

dMY Squared Technology Group Inc. was a special purpose acquisition company designed to find a target. The success of the entity was completely dependent on identifying and successfully merging with an operating business. SPAC performance is tied to the management team's acumen in deal-making. Since the company no longer exists it has ceased operations and been merged into something else.

Similar Companies

Sources and Disclaimers

Data Sources:

  • SEC filings
  • Financial news outlets
  • SPAC data providers

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. Investment decisions should be based on thorough due diligence and professional advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About dMY Squared Technology Group Inc

Exchange NYSE MKT
Headquaters Las Vegas, NV, United States
IPO Launch date 2022-12-07
CEO, CFO & Chairman of the Board Mr. Harry L. You
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

dMY Squared Technology Group, Inc. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and evaluate businesses in the professional service industry that engages in the provision of accounting, legal, financial, advisory, and other services to public companies or private companies that are in the process of becoming public companies. The company was incorporated in 2022 and is based in Las Vegas, Nevada.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​