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LatAmGrowth SPAC (LATG)LATG

Upturn stock ratingUpturn stock rating
LatAmGrowth SPAC
$11.68
Delayed price
Profit since last BUY15.99%
Consider higher Upturn Star rating
upturn advisory
BUY since 554 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

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​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: 15.99%
Upturn Advisory Performance Upturn Advisory Performance5
Avg. Invested days: 554
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn 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​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 2
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/20/2024
Upturn Advisory Performance Upturn Advisory Performance5

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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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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