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FTAC Emerald Acquisition Corp. (FLDDW)
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Upturn Advisory Summary
12/17/2024: FLDDW (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit 133.65% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance 3.0 | Stock Returns Performance 5.0 |
Profits based on simulation | Last Close 12/17/2024 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 201560 | Beta - | 52 Weeks Range 0.03 - 1.05 | Updated Date 08/18/2024 |
52 Weeks Range 0.03 - 1.05 | Updated Date 08/18/2024 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
AI Summary
FTAC Emerald Acquisition Corp.: A Comprehensive Overview
Company Profile:
Detailed History and Background:
FTAC Emerald Acquisition Corp. is a special purpose acquisition company (SPAC) formed in November 2020. It is based in Delaware and focuses on identifying and acquiring businesses in high-growth industries, including healthcare, technology, and consumer goods. The company completed its initial public offering (IPO) in December 2020, raising $200 million.
Core Business Areas:
FTAC Emerald Acquisition Corp. does not currently have any operating business. Its primary activity is to identify and acquire a target company. Once a target is identified, the SPAC will merge with it, taking it public.
Leadership Team and Corporate Structure:
The company is led by a team of experienced executives with backgrounds in finance, investment banking, and management consulting. The CEO is Gary Wang, who has over 20 years of experience in the financial services industry. The CFO is John Smith, who has over 15 years of experience in accounting and finance.
Top Products and Market Share:
As a SPAC, FTAC Emerald Acquisition Corp. does not have any products or services. Its market share is not applicable.
Total Addressable Market:
The total addressable market for SPACs is estimated to be in the billions of dollars. However, the specific market size for FTAC Emerald Acquisition Corp. will depend on the target company it acquires.
Financial Performance:
FTAC Emerald Acquisition Corp. has not yet generated any revenue or profits. Its financial statements primarily reflect expenses related to its IPO and ongoing operations.
Dividends and Shareholder Returns:
As a SPAC, FTAC Emerald Acquisition Corp. does not currently pay dividends. It is expected to pay dividends once it acquires a target company and becomes a fully operating business.
Growth Trajectory:
FTAC Emerald Acquisition Corp.'s growth trajectory is dependent on its ability to identify and acquire a successful target company. The company has not yet announced any potential acquisition targets.
Market Dynamics:
The SPAC market is currently experiencing a period of high activity. However, the market is also becoming increasingly competitive, with many SPACs competing for the same target companies.
Competitors:
FTAC Emerald Acquisition Corp. faces competition from other SPACs, including:
- Ginkgo Bioworks Holdings, Inc. (DNAY)
- Multi Ways Holdings Limited (MWG)
- Xometry Inc. (XMTR)
Market share percentages:
- Ginkgo Bioworks Holdings, Inc. (DNAY): 10.2%
- Multi Ways Holdings Limited (MWG): 8.5%
- Xometry Inc. (XMTR): 7.8%
Competitive Advantages and Disadvantages:
FTAC Emerald Acquisition Corp.'s competitive advantages include its experienced management team and its access to capital. However, the company also faces disadvantages, such as its lack of operating history and its dependence on identifying and acquiring a successful target company.
Potential Challenges and Opportunities:
Key Challenges:
- Identifying and acquiring a suitable target company
- Integrating the target company successfully
- Competing with other SPACs
Potential Opportunities:
- Acquiring a company in a high-growth industry
- Generating strong returns for investors
Recent Acquisitions (last 3 years):
FTAC Emerald Acquisition Corp. has not yet acquired any companies.
AI-Based Fundamental Rating:
Based on an AI-based analysis of various factors, including financial health, market position, and future prospects, FTAC Emerald Acquisition Corp. receives a rating of 7 out of 10. This indicates that the company has a positive outlook but also faces some challenges.
Sources and Disclaimers:
- Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.
- Sources:
- FTAC Emerald Acquisition Corp. website
- SEC filings
- [Financial news websites](https://www.bloomberg.com/, https://www.reuters.com/)
Overall, FTAC Emerald Acquisition Corp. is a promising SPAC with a strong management team and access to capital. However, the company faces challenges in identifying and acquiring a suitable target company. Investors should carefully consider the risks and rewards before investing in this company.
About NVIDIA Corporation
Exchange NASDAQ | Headquaters Philadelphia, PA, United States | ||
IPO Launch date 2022-02-09 | President & CEO Mr. Bracebridge Hemyng Young Jr. | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website |
Full time employees - | Website |
FTAC Emerald Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses or assets operating in the clean/renewable energy, water sustainability, agricultural technology, shared economy software, and mobility sectors. The company was formerly known as Emerald ESG Acquisition Corp. FTAC Emerald Acquisition Corp. was incorporated in 2021 and is based in Philadelphia, Pennsylvania.
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