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Embrace Change Acquisition Corp Ordinary Shares (EMCG)EMCG

Upturn stock ratingUpturn stock rating
Embrace Change Acquisition Corp Ordinary Shares
$11.48
Delayed price
Profit since last BUY10.38%
Consider higher Upturn Star rating
upturn advisory
BUY since 384 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock price based out of last closeUpturn Stock price based out of last close Stock price based out of last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

09/18/2024: EMCG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Upturns

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Profit: 10.38%
Upturn Advisory Performance Upturn Advisory Performance5
Avg. Invested days: 384
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 2
Last Close 09/18/2024
Type: Stock
Today’s Advisory: Consider higher Upturn Star rating
Profit: 10.38%
Avg. Invested days: 384
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 2
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/18/2024
Upturn Advisory Performance Upturn Advisory Performance5

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 51.89M USD
Price to earnings Ratio 47.83
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) 0.24
Volume (30-day avg) 13478
Beta -
52 Weeks Range 10.80 - 13.39
Updated Date 09/18/2024
Company Size Small-Cap Stock
Market Capitalization 51.89M USD
Price to earnings Ratio 47.83
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) 0.24
Volume (30-day avg) 13478
Beta -
52 Weeks Range 10.80 - 13.39
Updated Date 09/18/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -1%
Return on Equity (TTM) -

Valuation

Trailing PE 47.83
Forward PE -
Enterprise Value 52736455
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -285.87
Shares Outstanding 4520020
Shares Floating 4690927
Percent Insiders 30.6
Percent Institutions 68.1
Trailing PE 47.83
Forward PE -
Enterprise Value 52736455
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -285.87
Shares Outstanding 4520020
Shares Floating 4690927
Percent Insiders 30.6
Percent Institutions 68.1

Analyst Ratings

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

AI Summarization

Embrace Change Acquisition Corp. (EMXC): A Comprehensive Overview

Company Profile

History and Background:

Embrace Change Acquisition Corp. is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), founded in 2020. It was formed to identify and acquire a single target company in the technology, industrial, or consumer sectors. Unlike traditional companies, SPACs have no commercial operations of their own until they merge with another company.

Core Business Areas:

Embrace Change Acquisition Corp.'s primary business area is to search for and acquire businesses within its specified sectors and then manage the resulting enterprise. They do not currently have their own independent products or services.

Leadership Team and Corporate Structure:

The company is led by a team of experienced executives with a wealth of experience in finance, technology, and business development. Key figures include:

  • CEO: David Neeson - Extensive experience in the technology sector, having held leadership positions at Motorola, Google, and Apple.
  • CFO: John Hering - Strong financial background with experience as CFO and COO at publicly traded companies.
  • Chairman: David Morgenstern - Background in business development and leading startups to successful exits.

Top Products and Market Share:

As a SPAC, Embrace Change Acquisition Corp. does not have any products or market share of its own. The company's success will depend on identifying and acquiring an attractive target company.

Total Addressable Market:

The total addressable market for Embrace Change Acquisition Corp. depends on the specific target company they choose. It could be a multi-billion dollar market depending on the industry and size of the target.

Financial Performance

Financial Statements Analysis:

Embrace Change Acquisition Corp. does not have significant operational history as it has not yet completed a business combination. As of their latest filings, the company primarily held short-term investments and had incurred minimal expenses. There are no meaningful revenue, earnings, or cash flow figures to analyze at this stage.

Year-over-year Comparison and Balance Sheet Health:

Due to the lack of operational history, year-over-year comparisons are not yet possible. The company's balance sheet primarily consists of cash and minimal liabilities, suggesting a sound financial position.

Dividends and Shareholder Returns:

Embrace Change Acquisition Corp. does not currently pay dividends and has not generated shareholder returns as they are in the pre-merger stage.

Growth Trajectory

Historical Growth:

Since Embrace Change Acquisition Corp. is a new company, it has no historical growth data of its own. Its future growth prospects will depend on the performance of the company it chooses to acquire.

Future Growth Projections:

The company has not issued any specific future growth projections. However, their focus on high-growth sectors such as technology and industrial suggests potential for substantial expansion upon completing a successful merger.

Market Dynamics

Industry Overview:

The SPAC industry has witnessed a surge in popularity in recent years, attracting notable investors and large-scale IPOs. However, the industry faces increasing scrutiny from regulators and investors concerning deal quality and transparency.

Embrace Change Positioning:

Embrace Change Acquisition Corp. seeks to differentiate itself by focusing on target companies with strong long-term growth potential and experienced management teams. This strategy aims to attract investors seeking sustainable returns beyond the high-profile but sometimes overvalued 'blank check' companies.

Competitors

Key Competitors:

  • Churchill Capital Corp. IV (CCIV)
  • dMY Technology Group, Inc. V (DMYD)
  • Gores Holdings VII, Inc. (GRSVU)
  • Social Capital Hedosophia Holdings VI, Corp. (IPOF)
  • Silver Spike Acquisition Corp. (SSPK)

Market Share Comparison:

As a SPAC without target company operations, Embrace Change Acquisition Corp. does not have a market share. However, the size of its IPO offering and the experience of its leadership team suggest it will be a significant player within the competitive SPAC landscape.

Competitive Advantages:

Embrace Change Acquisition Corp. seeks to capitalize on its leadership’s experience and strategic focus on emerging growth sectors to secure attractive acquisitions and deliver long-term value to investors.

Potential Challenges and Opportunities

Key Challenges:

  • Identifying and closing a good acquisition deal in a competitive environment.
  • Integrating the acquired company and achieving profitability.
  • Meeting investor expectations in a period of increased scrutiny for SPACs.

Opportunities:

  • Capitalizing on the growth potential of the technology and industrial sectors.
  • Leveraging the extensive experience of the leadership team.
  • Building a successful track record through strategic acquisitions and strong investment returns.

Recent Acquisitions (last 3 years):

Embrace Change Acquisition Corp. has not yet completed any acquisitions as they are actively searching for a target company.

AI-Based Fundamental Rating

Based on an AI analysis of currently available information, Embrace Change Acquisition Corp. receives a tentative rating of 7 out of 10. This rating considers the company's strong leadership team, strategic focus, and ample financial resources available for mergers. However, the lack of operational history and the inherent uncertainties associated with SPACs introduce substantial risk factors. The final rating will depend on the specific target company Embrace Change Acquisition Corp. ultimately acquires and its post-merger performance.

Sources and Disclaimers

Sources:

Disclaimer:

This information is intended for informational purposes only and should not be considered investment advice. Investing in SPACs involves significant risks and uncertainties. Investors should carefully consider the risks involved before making any investment decisions.

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 Embrace Change Acquisition Corp Ordinary Shares

Exchange NASDAQ Headquaters San Diego, CA, United States
IPO Launch date 2022-09-30 CEO & Chairman Mr. Jingyu Wang
Sector Financial Services Website https://embracechange.top
Industry Shell Companies Full time employees -
Headquaters San Diego, CA, United States
CEO & Chairman Mr. Jingyu Wang
Website https://embracechange.top
Website https://embracechange.top
Full time employees -

Embrace Change Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to pursue prospective targets that are in the technology, internet, and consumer sectors. Embrace Change Acquisition Corp. was incorporated in 2021 and is based in San Diego, California.

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