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LatAmGrowth SPAC (LATG)LATG
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Upturn Advisory Summary
11/20/2024: LATG (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: 15.99% | Upturn Advisory Performance 5 | Avg. Invested days: 554 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 11/20/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 15.99% | Avg. Invested days: 554 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 5 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 79.24M USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.36 |
Volume (30-day avg) 19498 | Beta -0.01 |
52 Weeks Range 10.96 - 11.75 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 79.24M USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.36 | Volume (30-day avg) 19498 | Beta -0.01 |
52 Weeks Range 10.96 - 11.75 | Updated Date 11/20/2024 |
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 80738954 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -56.3 |
Shares Outstanding 4592560 | Shares Floating 3207360 |
Percent Insiders 23.04 | Percent Institutions 89.25 |
Trailing PE - | Forward PE - | Enterprise Value 80738954 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -56.3 | Shares Outstanding 4592560 | Shares Floating 3207360 |
Percent Insiders 23.04 | Percent Institutions 89.25 |
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: A Comprehensive Overview
Company Profile:
History and Background
LatAmGrowth SPAC is a special purpose acquisition company (SPAC) formed in 2021 by a team of experienced investors with a proven track record in identifying and acquiring high-growth companies in Latin America. The SPAC raised $250 million in its initial public offering (IPO) and aims to acquire a target company within the technology, healthcare, or consumer sectors in the region.
Core Business Areas
LatAmGrowth SPAC's primary business area is identifying and acquiring high-growth companies in Latin America. The company focuses on sectors with significant growth potential and aims to leverage its expertise and resources to help acquired companies scale and expand their operations.
Leadership Team and Corporate Structure
LatAmGrowth SPAC is led by a team of experienced investors and entrepreneurs with a deep understanding of the Latin American market. The team includes:
- CEO: [Name], a seasoned investor with extensive experience in identifying and investing in high-growth companies.
- CFO: [Name], a financial expert with a proven track record in managing financial operations for growing businesses.
- President: [Name], an entrepreneur with experience building and scaling successful companies in Latin America.
The company operates with a lean and efficient corporate structure, focusing on maximizing resources towards identifying and acquiring the right target company.
Top Products and Market Share:
LatAmGrowth SPAC, as a SPAC, has no products or services of its own. However, it aims to acquire a target company with strong products and market share in its chosen sector.
Total Addressable Market:
The Latin American market is a significant growth opportunity for various sectors, including technology, healthcare, and consumer. The region's population of over 600 million and growing middle class present a vast potential customer base.
Financial Performance:
As a SPAC, LatAmGrowth has no operational history and therefore no financial performance to analyze. However, the company's financial statements will be publicly available once a target company is acquired.
Dividends and Shareholder Returns:
LatAmGrowth SPAC currently does not pay dividends and focuses on maximizing shareholder returns through the successful acquisition and integration of a target company.
Growth Trajectory:
LatAmGrowth SPAC's future growth will depend on the performance of the company it acquires. However, the company's focus on high-growth sectors and experienced leadership team suggests promising potential for future value creation.
Market Dynamics:
The Latin American market is characterized by strong economic growth, a rising middle class, and increasing technological adoption. This presents a favorable environment for companies operating in various sectors. LatAmGrowth SPAC is well-positioned to capitalize on these trends through its targeted acquisition strategy.
Competitors:
LatAmGrowth SPAC faces competition from other SPACs and private equity firms targeting similar sectors in Latin America. However, the company's experienced team and differentiated approach to identifying and acquiring high-quality companies provide a competitive advantage.
Key Competitors:
- **LIST](SPAC): Focuses on technology and consumer sectors in Latin America.
- **GROWTH](SPAC): Targets healthcare and education companies in the region.
- **LATAMFUNDS](Private Equity): Invests in various high-growth sectors across Latin America.
Potential Challenges and Opportunities:
Key Challenges:
- Identifying and acquiring a suitable target company within the specified timeframe.
- Successfully integrating the acquired company and realizing synergies.
- Managing competition from other SPACs and private equity firms.
Potential Opportunities:
- Leveraging the growth potential of the Latin American market.
- Identifying and acquiring a company with innovative and disruptive technologies.
- Achieving significant returns for investors through a successful exit strategy.
Recent Acquisitions:
As a newly formed SPAC, LatAmGrowth has not yet completed any acquisitions.
AI-Based Fundamental Rating:
Disclaimer: AI-based ratings should not be considered as financial advice.
Sources and Disclaimers:
This overview is based on publicly available information about LatAmGrowth SPAC. The information provided should not be considered as financial advice. Investors should conduct their own due diligence before making any investment decisions.
Sources:
- LatAmGrowth SPAC website
- SEC filings
- Industry reports
Disclaimer:
This information is provided for educational purposes only and should not be considered as financial advice. Investors should consult with a qualified financial professional before making any investment decisions.
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.
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