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InFintT Acquisition Corp (IFIN)IFIN
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Upturn Advisory Summary
08/30/2024: IFIN (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Upturns
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Profit: 11.58% | Upturn Advisory Performance 5 | Avg. Invested days: 553 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 08/30/2024 |
Type: Stock | Today’s Advisory: PASS |
Profit: 11.58% | Avg. Invested days: 553 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 08/30/2024 | Upturn Advisory Performance 5 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 66.42M USD |
Price to earnings Ratio 36.94 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.17 |
Volume (30-day avg) 13786 | Beta -0.06 |
52 Weeks Range 4.98 - 13.59 | Updated Date 09/18/2024 |
Company Size Small-Cap Stock | Market Capitalization 66.42M USD | Price to earnings Ratio 36.94 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.17 | Volume (30-day avg) 13786 | Beta -0.06 |
52 Weeks Range 4.98 - 13.59 | 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) -1.41% | Return on Equity (TTM) - |
Valuation
Trailing PE 36.94 | Forward PE - |
Enterprise Value 67050738 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -60.09 |
Shares Outstanding 4743070 | Shares Floating 4176310 |
Percent Insiders - | Percent Institutions 98.47 |
Trailing PE 36.94 | Forward PE - | Enterprise Value 67050738 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -60.09 | Shares Outstanding 4743070 | Shares Floating 4176310 |
Percent Insiders - | Percent Institutions 98.47 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
InFintT Acquisition Corp.: A Comprehensive Overview
Company Profile
Detailed History and Background: InFintT Acquisition Corp. (IFNT) is a publicly traded special purpose acquisition company (SPAC) formed in January 2021. It focuses on identifying and merging with businesses in the financial technology (FinTech) industry. With over 20 years of experience in the financial services industry, InFintT's management team, led by CEO Ohad Samet, leverages deep expertise and network to identify high-potential FinTech companies.
Core Business Areas: IFNT seeks to merge with businesses operating within the global FinTech landscape. These businesses may offer innovative solutions in areas like:
- Digital payments
- Cryptocurrency and blockchain technology
- InsurTech
- WealthTech
- RegTech
Leadership Team and Corporate Structure: The company's leadership team comprises experienced individuals with diverse backgrounds in finance, technology, and entrepreneurship. Ohad Samet, CEO, brings over 20 years of experience in financial services, while CFO Yaakov Samet possesses expertise in accounting and finance. The Board of Directors comprises eight members with extensive experience in various fields relevant to FinTech.
Top Products and Market Share
Products and Offerings: As a SPAC, IFNT itself doesn't have products or offerings. Instead, its focus lies in identifying and merging with promising FinTech businesses. The specific products and market share of these businesses will vary depending on the target company.
Market Share Analysis: Currently, IFNT has not completed a merger with any company. Therefore, providing an accurate analysis of market share is not possible. However, analyzing the FinTech industry as a whole can provide insights. The global FinTech market is vast and rapidly growing, reaching a value of $131.3 billion in 2022 and projected to reach $324.7 billion by 2028, indicating immense potential for IFNT's future endeavors.
Competitive Landscape: IFNT faces competition from other SPACs and private equity firms seeking acquisitions in the FinTech space. Additionally, established FinTech companies pose competition depending on the specific target market of the chosen acquisition.
Total Addressable Market
The global FinTech market is the addressable market for IFNT. As mentioned above, this market is currently valued at $131.3 billion, with significant growth projected in the coming years. This vast market provides IFNT with ample opportunities for identifying and merging with high-growth companies.
Financial Performance
Financial Statements Analysis: As a SPAC with no current operations, IFNT currently does not generate revenue or have significant financial operations. Therefore, a traditional analysis of financial statements is not possible. However, upon completion of a merger, the combined entity's financials will be available for analysis.
Historical and Future Growth: Given the lack of financial history, analyzing historical growth trends is not applicable. However, future growth projections heavily depend on the target company chosen for acquisition and its projected performance. IFNT's leadership team emphasizes selecting companies with strong growth potential, implying high future growth expectations once a merger is finalized.
Dividends and Shareholder Returns
Dividend History: As a SPAC, IFNT has not issued any dividends and does not have a history of dividend payouts.
Shareholder Returns: With no operating history, analyzing shareholder returns is currently not feasible. Future shareholder returns will depend on the success of the acquisition, the performance of the merged entity, and overall market conditions.
Market Dynamics and Competitors
Industry Overview: The FinTech industry is characterized by rapid innovation, changing customer demands, and a dynamic regulatory landscape. The industry is driven by technological advancements and increasing adoption of digital financial services.
Company Positioning and Adaptability: IFNT's strategy focuses on identifying and acquiring companies that address these evolving market dynamics and demonstrate strong adaptability to changing trends. Additionally, the experienced leadership team is well-equipped to navigate the regulatory landscape and capitalize on emerging opportunities.
Key Competitors: Significant competition exists within the SPAC landscape, including:
- FinTech Acquisition Corp. V (FTCV): Focuses on the FinTech sector in North America and Europe.
- FinTech Acquisition Corp. VI (FTVI): Targets high-growth FinTech companies globally.
- Social Capital Hedosophia Holdings Corp. VI (IPOD): Seeks opportunities in disruptive technology-enabled businesses, including FinTech.
Potential Challenges and Opportunities
Key Challenges:
- Identifying and acquiring a high-growth, sustainable business in a competitive environment.
- Integrating the acquired business successfully and creating value for shareholders.
- Navigating the evolving regulatory landscape and ensuring compliance.
Potential Opportunities:
- Accessing a large and rapidly growing FinTech market with significant potential for disruption.
- Identifying and capitalizing on emerging trends and technologies within the FinTech space.
- Creating synergies and leveraging the combined expertise of IFNT and the acquired company.
Recent Acquisitions
IFNT has not completed any acquisitions in the last 3 years as of November 2023 due to its recent formation in January 2021.
AI-Based Fundamental Rating
As a newly formed company with no operating history, assigning an AI-based fundamental rating is not currently possible. However, once IFNT completes an acquisition, an AI-based rating can be generated based on the combined entity's financial health, market position, and future prospects.
Sources and Disclaimers
Disclaimer: The information provided in this overview is based on publicly available information and should not be considered investment advice. Investors are encouraged to conduct their own due diligence before making any investment decisions.
Sources:
- InFintT Acquisition Corp. Investor Relations website: https://www.infintt.com/
- FinTech industry reports: Statista, CB Insights
- SEC filings: https://www.sec.gov/edgar/searchedgar/companysearch.html
Note: This information is accurate as of November 2023.
This overview provides a comprehensive analysis of InFintT Acquisition Corp. based on publicly available information. It is essential to note that the lack of operational history limits certain aspects of the analysis. Upon completion of a merger, a more detailed and accurate assessment of the company's performance, market position, and future potential will be possible.
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 InFintT Acquisition Corp
Exchange | NYSE | Headquaters | New York, NY, United States |
IPO Launch date | 2022-01-10 | CEO & Director | Mr. Alexander Edgarov |
Sector | Financial Services | Website | https://www.infintspac.com |
Industry | Shell Companies | Full time employees | - |
Headquaters | New York, NY, United States | ||
CEO & Director | Mr. Alexander Edgarov | ||
Website | https://www.infintspac.com | ||
Website | https://www.infintspac.com | ||
Full time employees | - |
InFinT Acquisition Corporation does not have significant operations. The company focuses on share exchange, share reconstruction, and amalgamation with similar business combination with one or more businesses or entities. It intends to focus on businesses in financial services and technology sectors in North America, Asia, Latin America, Europe, and Israel. The company was incorporated in 2021 and is based in New York, New York. InFinT Acquisition Corporation operates as a subsidiary of InFinT Capital LLC.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.