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Horizon Space Acquisition I Corp. Ordinary Shares (HSPO)HSPO
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Upturn Advisory Summary
11/07/2024: HSPO (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 7.45% | Upturn Advisory Performance 5 | Avg. Invested days: 155 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 11/07/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 7.45% | Avg. Invested days: 155 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 11/07/2024 | Upturn Advisory Performance 5 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 88.27M USD |
Price to earnings Ratio 31.31 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.36 |
Volume (30-day avg) 19013 | Beta - |
52 Weeks Range 10.63 - 11.28 | Updated Date 11/8/2024 |
Company Size Small-Cap Stock | Market Capitalization 88.27M USD | Price to earnings Ratio 31.31 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.36 | Volume (30-day avg) 19013 | Beta - |
52 Weeks Range 10.63 - 11.28 | Updated Date 11/8/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -0.5% | Return on Equity (TTM) - |
Valuation
Trailing PE 31.31 | Forward PE - |
Enterprise Value 89108376 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -167.97 |
Shares Outstanding 7832390 | Shares Floating 4495400 |
Percent Insiders 28.56 | Percent Institutions 69.81 |
Trailing PE 31.31 | Forward PE - | Enterprise Value 89108376 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -167.97 | Shares Outstanding 7832390 | Shares Floating 4495400 |
Percent Insiders 28.56 | Percent Institutions 69.81 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Horizon Space Acquisition I Corp. - A Comprehensive Overview
Company Profile:
History and Background: Horizon Space Acquisition I Corp., formed in 2020, is a blank check company. This means it was established with the sole purpose of acquiring another company and taking it public through a merger.
Core Business Areas: Horizon Space Acquisition I Corp.'s primary focus lies in the space and defense industries. They aim to identify and merge with a target business in these sectors to bring it to the public markets.
Leadership Team: The company is led by CEO Thomas Wilson, a veteran with extensive experience in business aviation, aerospace, and defense sectors. He is supported by a strong management team with expertise in finance, engineering, and legal aspects.
Top Products and Market Share: As a SPAC without a specific business yet, it's impossible to identify top products or estimate market share.
Total Addressable Market: The combined global space economy, including spaceflight, satellites, and related services, was valued at approximately $447 billion in 2023. The U.S. accounts for a substantial portion, being the world leader in the sector.
Financial Performance and Dividends: Since Horizon Space Acquisition I Corp hasn’t merged with a target company yet, it doesn’t have any operational financial data or dividend payouts.
** Growth Trajectory:** Future growth prospects depend heavily on the target company it merges with. Analyzing the target's historical and projected growth trajectory will provide insights into Horizon's future potential.
Market Dynamics: The space and defense industries are undergoing significant technological advancements and market expansion, driven by factors such as commercial space exploration, national security initiatives, and increasing private sector involvement.
Competitors: Key players in the SPAC market include:
- Social Capital Hedosophia VI (IPOD): This SPAC focuses on technology mergers, recently acquiring fintech company SoFi.
- Gores Guggenheim (GGPI): This SPAC merged with Polestar, an electric vehicle company, in June 2022.
- SilverBox Engaged Merger (SBE): Targeting businesses with social and environmental impact, they merged with electric car charging provider ChargePoint in March 2022.
Potential Challenges and Opportunities:
Challenges:
- Identifying the right target company and successfully completing the merger.
- Integrating the acquired business and achieving post-merger growth.
- Facing competition from numerous SPACs in the market, all looking for attractive acquisition opportunities.
- Managing potential risks associated with the space and defense industries, such as technological challenges, regulatory changes, and geopolitical uncertainties.
Opportunities:
- Capitalize on the significant growth potential within the space and defense sectors.
- Leverage the combined expertise of Horizon's team and the acquired company's leadership to drive innovation and market expansion.
- Attract investors seeking exposure to the high-growth space economy and defense technologies.
Recent Acquisitions: As of November 2023, Horizon has not yet announced a merger with a target company.
AI-Based Fundamental Rating:
Due to the lack of operational and financial data for Horizon Space Acquisition I Corp. itself, generating an AI-based fundamental rating is currently not possible. However, once a merger is completed, an analysis of the combined entity's fundamentals can provide a comprehensive assessment.
Sources:
- Horizon Space Acquisition I Corp. Investor Presentation (2023)
- SEC Filings
- Statista: Space Economy Statistics
- Crunchbase: SPAC Market Data
Disclaimer: This information should not be considered as financial advice. It is crucial to conduct your own due diligence and consult with a qualified financial advisor before making investment decisions.
Conclusion
Horizon Space Acquisition I Corp. represents an opportunity to invest in the future of the space and defense industries. While the company's prospects heavily rely on its yet-to-be-announced target company, its focus and leadership suggest potential for significant future growth.
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 Horizon Space Acquisition I Corp. Ordinary Shares
Exchange | NASDAQ | Headquaters | New York, NY, United States |
IPO Launch date | 2023-01-26 | Chairman, CEO, CFO & Secretary | Mr. Mingyu Li |
Sector | Financial Services | Website | |
Industry | Shell Companies | Full time employees | - |
Headquaters | New York, NY, United States | ||
Chairman, CEO, CFO & Secretary | Mr. Mingyu Li | ||
Website | |||
Website | |||
Full time employees | - |
Horizon Space Acquisition I Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or related business combination with one or more businesses. Horizon Space Acquisition I Corp. was incorporated in 2022 and is based in New York, New York.
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