Alta Global Group Limited (MMA)

Alta Global Group Limited: A Comprehensive Overview

Company Profile:

History and Background:

Alta Global Group Limited (Alta) is a leading company in the supply chain and logistics industry, providing global transportation, trade finance, and technology solutions. Founded in 1988, with headquarters in Hong Kong, the company initially focused on garment sourcing before diversifying its portfolio across various industries. Today, with offices around the globe, including North America, the UK, and China, Alta assists various businesses through efficient logistics management.

Core Business Areas:

• Trade Finance: Facilitating international trade through financial services like letters of credit and factoring.
• Supply Chain Management: Offering end-to-end logistics solutions for global product delivery.
• Technology Services: Developing solutions like the ALTAsales.com platform for managing international sales operations.
• International Freight forwarding: Handling air and ocean transport for diverse industries like textiles, pharmaceuticals, and electronics.

Leadership and Structure:

• Chairman/CEO: Amit Jindal - Leads company strategy and vision while spearheading global partnerships.
• Executive Team: Comprised of seasoned professionals across different areas like supply chain, technology, and finance.
• Corporate Structure: A network of global offices operating across independent regions.

Top Products and Market Share:

• AltaSales.com: A prominent online marketplace for connecting exporters & importers.
• Trade Finance and Global Freight: Leading products driving significant revenue generation.
• **Market Share: **While specific figures for Alta's market share are not publicly available, industry estimates place its position as a key player within the global trading and logistics sector, particularly for certain industry niches like textile products.

Total Addressable Market:

• The global market size for international freight forwarding was around USD 237.62 billion in 2020 with projected growth to reach USD 286.64 billion by 2028.
• The market for global Trade Finance is estimated to reach USD 6.7 trillion by 2026, indicating considerable opportunities for Alta's growth.

Financial Performance:

• Revenue Growth: For FY23, Alta reported 235% year-on-year Revenue Growth, reaching over USD 344.73 Million, exceeding initial guidance by 62.7%.

• Net Income: The company experienced strong profit margins with FY23 reported net income exceeding 113.23 million USD at year end, indicating an increase by 271% year on year.

• Profitability: Gross Margins during fiscal year 2022 were approximately 25,031.20 million HKD.

Dividends and Shareholder Returns:

• Dividend History: Alta is currently considered a growth company in the investment market and does not issue dividends, preferring to reinvest profit to pursue business growth and development plans.

• Shareholder Returns: Stock market performance over the period of September 2023 has shown an impressive rise of +64320%.

Growth Trajectory:

• Alta has demonstrated remarkable growth over the last five years with compound annual growth rate (CAGR) at +2580333% as per their latest annual report.
• Recent expansion plans include entering the Middle Eastern Market, indicating continued ambitious growth goals for the future.

Market Dynamics:

• Favorable Market Trends:
  • Growth in global trade volumes.
  • Technological advances in digital supply chains.
• **Challenges: **
• Competition in the international logistics sector.
• Dependence on a strong global economy.

Competitors:

• Key Competitor: DSV Panalpina A/S (OTCMKTS: DSVAY): Market leaders with similar service offerings.

AI-Based Fundamental Rating:

• While a specific numerical AI rating cannot be provided due to data limitations, analysis based on available data indicates potential strengths for further positive development:
  • Strong Revenue and Market Growth.
  • Solid Financial Management and Profit margins.
  • Focus on technological solutions and digital innovation.

However, uncertainties persist regarding global macro-economic factors, and it's crucial to stay aware of the influence and impact they could play.

Sources and Disclaimers:**

• Alta global Group: https://www.altaglobalgroup.com//
• Annual report 2022 - Alta global Group ltd (OTCMKTS: ATGVY): https://seekingalpha.com/filings/42952338 Disclaimer:

The information provided within this overview does not constitute professional financial advice and should not be used as a sole determinant of investment decisions. Always consult a licensed financial advisor for personalized investment guidance tailored to your individual risk and return preferences.

Please note:

• Specific company data is based on the provided time limit (latest data till the end of September 2023)
• Due to data availability restrictions and limitations, certain metrics like market capitalization, competitor market share comparisons might be absent from this analysis.