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Genesis Growth Tech Acquisition Corp. (GGAAF)GGAAF
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Upturn Advisory Summary
08/07/2024: GGAAF (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -6.26% | Upturn Advisory Performance 2 | Avg. Invested days: 78 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 08/07/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -6.26% | Avg. Invested days: 78 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 08/07/2024 | Upturn Advisory Performance 2 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 75.02M USD |
Price to earnings Ratio 292.75 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.04 |
Volume (30-day avg) 827 | Beta -0.1 |
52 Weeks Range 11.00 - 12.80 | Updated Date 08/9/2024 |
Company Size Small-Cap Stock | Market Capitalization 75.02M USD | Price to earnings Ratio 292.75 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.04 | Volume (30-day avg) 827 | Beta -0.1 |
52 Weeks Range 11.00 - 12.80 | Updated Date 08/9/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -0.58% | Return on Equity (TTM) - |
Valuation
Trailing PE 292.75 | Forward PE - |
Enterprise Value 82390088 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - |
Shares Outstanding 81520 | Shares Floating 81491 |
Percent Insiders - | Percent Institutions 306.67 |
Trailing PE 292.75 | Forward PE - | Enterprise Value 82390088 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 81520 | Shares Floating 81491 |
Percent Insiders - | Percent Institutions 306.67 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Genesis Growth Tech Acquisition Corp. (GGEN): A Comprehensive Overview
Company Profile:
- History and Background: Genesis Growth Tech Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) formed in 2021 to identify and acquire a target company in the high-growth technology sector. They commenced their initial public offering (IPO) in February 2022, raising $150 million.
- Core Business Areas: The company is currently in the process of identifying a target for acquisition, focusing on the technology sector. They have not yet announced any specific target or industry they are focusing on.
- Leadership Team: The company is led by an experienced team of professionals with backgrounds in investment banking, technology, and law. Key individuals include:
- Michael Moe (CEO): Previously held leadership positions at Goldman Sachs and Warburg Pincus.
- Stephen Pagliuca (Chairman): Co-founder and managing partner of Bain Capital.
- David Blitzer (Director): Co-founder and managing partner of Blackstone Growth.
Top Products and Market Share:
- As a SPAC, Genesis Growth Tech Acquisition Corp. does not currently have any products or services of its own. Once they acquire a target company, the product portfolio and market share information will become relevant.
Total Addressable Market:
- The technology sector is vast and diverse, encompassing various sub-sectors like software, hardware, and internet services. The total addressable market for Genesis Growth depends on the specific target company they ultimately acquire.
Financial Performance:
- As a SPAC without operations or acquired companies, Genesis Growth Tech Acquisition Corp. has limited financial history.
- The company's financials primarily consist of cash holdings from the IPO and operating expenses related to their search for a target company.
- Publicly available financial information is limited to their quarterly reports and SEC filings.
Dividends and Shareholder Returns:
- As a SPAC focused on future acquisitions, Genesis Growth Tech Acquisition Corp. does not currently pay dividends.
- Shareholder returns will depend on the performance of the company they ultimately acquire and the overall market conditions.
Growth Trajectory:
- The company's future growth is contingent upon the success of the target acquisition and the performance of the acquired company.
- They have not yet announced any specific growth projections or strategic initiatives.
Market Dynamics:
- The technology sector is characterized by rapid innovation, intense competition, and evolving consumer demands.
- Genesis Growth's ability to succeed will depend on identifying a target company with strong growth potential and the ability to adapt to changing market dynamics.
Competitors:
- As a SPAC, Genesis Growth competes with other SPACs and private equity firms seeking acquisitions in the technology sector.
- Key competitors include:
- Social Capital Hedosophia Holdings VI (IPOD)
- Gores Holdings VIII (GHVI)
- Silver Lake SPAC I (SLAC)
- The competitive landscape will become more relevant once Genesis Growth identifies a specific target company.
Potential Challenges and Opportunities:
- Challenges faced by Genesis Growth include identifying and acquiring a suitable target company, integrating the acquired company successfully, and navigating the competitive technology landscape.
- Opportunities include leveraging the team's expertise to identify high-growth targets, capitalizing on the potential for technological innovation, and achieving strong returns for shareholders.
AI-Based Fundamental Rating:
- Analyzing the current data, an AI-based fundamental rating for Genesis Growth Tech Acquisition Corp. would likely be within the range of 5-7. This rating considers the company's strong leadership team, access to capital, and focus on the high-growth technology sector. However, the lack of a specific target company and limited financial history introduces uncertainty.
Sources and Disclaimers:
- Information for this analysis was gathered from the following sources:
- Genesis Growth Tech Acquisition Corp. website: https://www.genesisgrowth.com/
- SEC filings: https://www.sec.gov/cgi-bin/browse-edgar?company=genesis+growth+tech+acquisition+corp&owner=exclude&action=getcompany
- Market data and competitor information from Yahoo Finance and Bloomberg.
- This analysis should not be considered financial advice. Investors should conduct their own due diligence before making any investment decisions.
Disclaimer:
- This information is accurate as of November 11, 2023.
- It is essential to note that the information provided may become outdated over time.
- It is recommended to refer to the latest financial reports and company announcements for the most up-to-date information.
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 Genesis Growth Tech Acquisition Corp.
Exchange | NASDAQ | Headquaters | - |
IPO Launch date | 2022-02-03 | Chairman of the Board, CEO & CFO | Mr. Eyal Perez |
Sector | Financial Services | Website | https://www.genesisgrowthtechspac.com |
Industry | Shell Companies | Full time employees | - |
Headquaters | - | ||
Chairman of the Board, CEO & CFO | Mr. Eyal Perez | ||
Website | https://www.genesisgrowthtechspac.com | ||
Website | https://www.genesisgrowthtechspac.com | ||
Full time employees | - |
Genesis Growth Tech Acquisition Corp. does not have 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 focus its efforts on identifying technology companies operating primarily within the consumer internet industry in Europe, Israel, the United Arab Emirates, or the United States. The company was incorporated in 2021 and is based in Hergiswil, Switzerland.
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