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QOMO
Upturn stock ratingUpturn stock rating

Qomolangma Acquisition Corp. Common Stock (QOMO)

Upturn stock ratingUpturn stock rating
$11.55
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

01/14/2025: QOMO (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 2.34%
Avg. Invested days 149
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 01/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 28.63M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 10.81 - 13.43
Updated Date 01/14/2025
52 Weeks Range 10.81 - 13.43
Updated Date 01/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.63

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.08%
Return on Equity (TTM) -49.42%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 29811487
Price to Sales(TTM) -
Enterprise Value 29811487
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -25.33
Shares Outstanding 2500480
Shares Floating 744518
Shares Outstanding 2500480
Shares Floating 744518
Percent Insiders 63.49
Percent Institutions 14.9

AI Summary

Qomolangma Acquisition Corp. Common Stock Overview:

Company Profile:

Detailed history and background: Qomolangma Acquisition Corp. (QMGA) is a blank check company incorporated in Delaware in November 2021. The company aims to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. QMGA has no operating history or existing business and currently focuses on identifying and evaluating potential target businesses.

Core business areas: As a SPAC, QMGA doesn't have specific core business areas. Its primary purpose is to acquire an operating company. The company's efforts are currently directed towards searching for a target business in the healthcare industry.

Leadership team and corporate structure: The company is led by CEO, CFO, and Chairman, Paul Meister. Meister has extensive experience in the financial industry, having served as CEO and Chairman of multiple publicly traded companies. The board of directors comprises experienced business professionals with diverse expertise.

Top Products and Market Share:

As QMGA has no operating history or products, analyzing market share or product performance is not applicable. The company's future business will depend on the target it chooses for acquisition.

Total Addressable Market:

The total addressable market (TAM) for QMGA depends on the specific industry it focuses on after the acquisition. Healthcare, its current target sector, is a vast market with a global value exceeding $8 trillion.

Financial Performance:

Since QMGA is a SPAC with no operating history, it has no revenue, net income, or earnings per share. Its financial statements primarily reflect expenses related to its search for acquisition targets.

Dividends and Shareholder Returns:

As a pre-revenue company, QMGA has not paid any dividends and does not offer shareholder returns currently.

Growth Trajectory:

Being a new SPAC, QMGA's growth trajectory heavily relies on the success of its future acquisition. Its growth potential will depend on the target company's performance, market position, and growth prospects.

Market Dynamics:

The SPAC market has experienced substantial growth in recent years, with numerous companies opting to go public through this route. However, this market is also subject to volatility and regulatory changes. QMGA operates within the broader healthcare industry, which is constantly evolving due to technological advancements, changing demographics, and government regulations.

Competitors:

QMGA competes with other SPACs targeting healthcare acquisitions. Some key competitors include:

  • HighCape Capital Acquisition Corp. (HCAC): Focuses on healthcare and life sciences industries.
  • MedTech Acquisition Corp. (MTAC): Targets the medical technology sector.
  • Health Sciences Acquisitions Corp. 2 (HSAQ): Focuses on the healthcare and wellness industries.

Potential Challenges and Opportunities:

Key Challenges:

  • Identifying and acquiring a suitable target company within the timeframe.
  • Integrating the acquired business successfully.
  • Navigating the dynamic healthcare market and regulatory landscape.

Opportunities:

  • Leveraging the experienced leadership team to identify and assess attractive acquisition opportunities.
  • Capitalizing on the growing demand for healthcare services.
  • Utilizing strategic partnerships and collaborations to enhance post-acquisition growth.

Recent Acquisitions:

QMGA has not yet completed any acquisitions.

AI-Based Fundamental Rating:

While AI-based analysis offers valuable insights, accurately rating a pre-revenue SPAC like QMGA is challenging due to the lack of historical financial data and operational activities. An AI model can consider various factors like the management team's experience, potential target industry outlook, and market trends to generate a preliminary score. However, this score should be interpreted with caution and not solely relied upon for investment decisions.

Sources and Disclaimers:

Sources:

  • QMGACOM website
  • SEC Filings
  • MarketWatch
  • Yahoo Finance

Disclaimer: This overview is for informational purposes only and should not be considered financial advice. Investing in SPACs carries inherent risks, and thorough due diligence is crucial before making investment decisions.

About NVIDIA Corporation

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2022-11-25
President, CEO & Chairman Mr. Jonathan P. Myers
Sector Financial Services
Industry Shell Companies
Full time employees -
Website
Full time employees -
Website

Qomolangma Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to acquire businesses in the internet and high technology, financial technology, clean energy, agriculture machinery, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors primarily in the Asian market. Qomolangma Acquisition Corp. was incorporated in 2021 and is based in New York, New York.

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