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Upturn AI SWOT - About
Iris Acquisition Corp (IRAA)
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Upturn Advisory Summary
03/31/2025: IRAA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -18.46% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/31/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 63.13M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 2432 | Beta 0.07 | 52 Weeks Range 9.00 - 15.00 | Updated Date 04/2/2025 |
52 Weeks Range 9.00 - 15.00 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.34 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -49.6% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 67378316 | Price to Sales(TTM) - |
Enterprise Value 67378316 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -175.54 | Shares Outstanding 7014630 | Shares Floating 238940 |
Shares Outstanding 7014630 | Shares Floating 238940 | ||
Percent Insiders 97.53 | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Iris Acquisition Corp
Company Overview
History and Background
Iris Acquisition Corp. is a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. These companies typically have a short operating history until they find a company to merge with.
Core Business Areas
- SPAC Formation: Iris Acquisition Corp's primary activity is identifying and acquiring a target company. It does not have any specific business operations prior to a merger.
Leadership and Structure
SPACs typically have a management team with experience in mergers and acquisitions. Specific leadership details would depend on the particular SPAC's filings. Often, the leadership team comes from the private equity or investment banking worlds.
Top Products and Market Share
Key Offerings
- SPAC Merger: The 'product' of a SPAC is its ability to conduct a merger with a private company, offering the private company access to public markets. Market share is not applicable in the same way as traditional companies. Competing SPACs are the main 'competitors'.
Market Dynamics
Industry Overview
The SPAC market fluctuates based on overall market conditions, investor sentiment, and regulatory scrutiny. It provides an alternative route for companies to go public, compared to a traditional IPO.
Positioning
SPACs position themselves based on the sectors they intend to target. Without knowing a target, it's difficult to assess Iris Acquisition Corp's specific positioning. However, it competes with other SPACs for attractive targets.
Total Addressable Market (TAM)
TAM is complex to estimate for a SPAC, as it depends on the sector and companies the SPAC is targeting for acquisition. The market is all private companies looking to go public.
Upturn SWOT Analysis
Strengths
- Experienced management team (hypothetical)
- Flexibility in target acquisition
- Access to public market capital
Weaknesses
- No operating history
- Reliance on finding suitable target
- Potential for conflicts of interest
- Dilution of shareholder value upon acquisition
Opportunities
- Acquisition of high-growth private company
- Capitalizing on favorable market conditions
- Improving target's operations post-acquisition
Threats
- Failure to find suitable target
- Increased regulatory scrutiny of SPACs
- Market downturn impacting acquisition
- Redemption of shares by investors
Competitors and Market Share
Key Competitors
Competitive Landscape
The competitive landscape for SPACs is defined by the quality of their management teams and their ability to identify and close deals on favorable terms.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: No historical growth before acquisition.
Future Projections: Future growth depends on the target company's performance.
Recent Initiatives: Deal making and finding a company to merge with.
Summary
Iris Acquisition Corp, being a SPAC, is a financial shell seeking a company to merge with. Its success hinges on finding a suitable target and successfully completing the merger. It faces risks such as failing to find a target or experiencing shareholder redemptions. The ultimate value to shareholders depends on the acquired company's performance.
Similar Companies
Sources and Disclaimers
Data Sources:
- SEC Filings
- Market Data Providers
Disclaimers:
This analysis is based on limited publicly available information about Iris Acquisition Corp. before a merger is announced. The information is for illustrative purposes only and does not constitute investment advice. Market data and information for SPAC's are always changing and this does not guarantee future results.
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 Iris Acquisition Corp
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2021-05-26 | CEO - | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | |
Full time employees - | |||
Iris Acquisition Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Tribe Capital Growth Corp I and changed its name to Iris Acquisition Corp in July 2022. The company was incorporated in 2020 and is based in George Town, Cayman Islands. Iris Acquisition Corp is a subsidiary of Iris Acquisition Holdings LLC.
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