Cancel anytime
LatAmGrowth SPAC (LATG)LATG
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/17/2024: LATG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Upturns
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Profit: 14.2% | Upturn Advisory Performance 5 | Avg. Invested days: 508 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 09/17/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Profit: 14.2% | Avg. Invested days: 508 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 09/17/2024 | Upturn Advisory Performance 5 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 82.71M USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.27 |
Volume (30-day avg) 13324 | Beta -0.01 |
52 Weeks Range 10.76 - 11.76 | Updated Date 09/18/2024 |
Company Size Small-Cap Stock | Market Capitalization 82.71M USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.27 | Volume (30-day avg) 13324 | Beta -0.01 |
52 Weeks Range 10.76 - 11.76 | 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) -2.97% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 83834207 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -56.3 |
Shares Outstanding 5000000 | Shares Floating 3581840 |
Percent Insiders 21.16 | Percent Institutions 73.49 |
Trailing PE - | Forward PE - | Enterprise Value 83834207 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -56.3 | Shares Outstanding 5000000 | Shares Floating 3581840 |
Percent Insiders 21.16 | Percent Institutions 73.49 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
LatAmGrowth SPAC: Comprehensive Stock Overview
Disclaimer: This document is provided for informational purposes only and should not be considered financial advice. Investing in SPACs involves significant risks, and you should consult with a qualified financial advisor before making any investment decisions.
Company Profile:
History and Background:
- Established in March 2021 as a blank-check company focused on identifying opportunities in Latin America's fast-growing technology sector
- Completed initial public offering (IPO) in March 2021 at $10/share, raising $75 million
Core Business Areas:
- Targeting high-growth technology companies operating in areas such as e-commerce, fintech, education, and healthcare
- Seeks companies with proven product-market fit, scalable business models, and strong management teams, leveraging expertise of sponsor group which has strong track record in Latin American investments
Leadership Team and Corporate Structure:
- CEO and Director - Eduardo Vives - Extensive experience in private equity and venture capital investing in LATAM
- CFO & COO - Gabriel Gonzalez, - Significant finance, operational, and public markets experience
- Director - Jose Lopez - Former Chairman and CEO Banco Inter
- Experienced board of directors with diverse backgrounds including venture capital, technology, law, and finance
- Management has access to proprietary network and industry knowledge through sponsor relationships
Top Products and Offerings:
- As a Special Purpose Acquisition Company (SPAC), LatAmGrowth does not have its own products or services
- Currently seeking a target acquisition and has no operational activities
- Evaluating high-growth tech firms in Latin America across sectors for potential merger
Market Share:
- Not applicable for LatAmGrowth
- Focus will shift to market share of target company after de-SPACing
Total Addressable Market:
- LatAm technology market represents a significant growth opportunity (~ 625 million internet users with increasing digital penetration)
- Estimated tech market to reach $700 billion by 2025 (Statista)
Financial Performance:
- As a pre-acquisition vehicle, LatAmGrowth's financials largely reflect cash on hand and administrative expenses
- Net income in past year of $344k due to interest income
- No revenue, profit margins, or EPS yet as no operational activity
- Focus on target company financial performance after merger, considering factors like revenue growth, profitability potential, cash flow, and potential synergies
Dividends and Shareholder Returns:
- No history of dividends as no operations currently
- Shareholder return will be influenced by post-merger performance of targeted company
Growth Trajectory and Historical Information:
- Limited historical financial data due to recent formation in 2021
- Future performance dependent on chosen acquisition's potential to deliver long-term shareholder value through topline growth, margin expansion, and strategic opportunities in LatAm's emerging tech space
Market Dynamics:
- LatAm tech sector experiencing substantial growth powered by rising mobile penetration (78%), favorable demographics (60% below age 35), and increasing online adoption in retail, banking, and other key sectors
- High growth but competitive market requiring careful strategic maneuvering to gain share against large global players, regional competitors (e.g., Mercadolibre & Nubank), and new entrants
Competitors:
- Other blank-check companies focusing on LATAM (LSE:LATN & NYSEMKT:LAA.U)
- Target company competitors vary depending on chosen sector
Potential Challenges and Opportunities:
Major Challenges:
- Finding an attractive acquisition with right valuation in competitive tech landscape
- Ensuring post-merger integration success and unlocking synergistic value
- Coping with volatile LATAM and larger global economy
Opportunities Ahead:
- Capitalized on rapid LATAM tech growth in underpenetrated sectors
- Implementing effective expansion strategies through partnerships and M&A
- Leveraging unique LatAm expertise of management for informed investments
Recent Acquisitions: Given their recent inception (March 2021), LatAmGrowth SPAC hasn't yet completed any acquisitions
AI-Based Fundamental Rating: While a numerical value is not provided at this time, several AI systems analyze SPAC opportunities with quantitative and fundamental assessments. These consider factors as above (management experience, target market viability, potential acquisition fit etc.) to generate outlook, risk analysis, and potential return predictions.
Data Sources:
- Bloomberg
- Dataroma
- SEC EDGAR Filings
- Statista
- Company website (https://latamgrowthspac.com/)
*Disclaimer: This summary was produced using a combination of publicly available information and AI insights. Always seek professional financial advice when considering potential investments.
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 LatAmGrowth SPAC
Exchange | NASDAQ | Headquaters | - |
IPO Launch date | 2022-03-18 | CEO | - |
Sector | Financial Services | Website | https://chengheinv.com/chenghe-acquisition-i-co |
Industry | Shell Companies | Full time employees | - |
Headquaters | - | ||
CEO | - | ||
Website | https://chengheinv.com/chenghe-acquisition-i-co | ||
Website | https://chengheinv.com/chenghe-acquisition-i-co | ||
Full time employees | - |
Chenghe Acquisition I Co. 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 search for an initial business combination in the TMT, green energy, biotechnology, optoelectronics, and other sectors in the Asia Pacific. The company was formerly known as LatAmGrowth SPAC and changed its name to Chenghe Acquisition I Co. in November 2023. Chenghe Acquisition I Co. was incorporated in 2021 and is based in Singapore.
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.