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TMTC
Upturn stock ratingUpturn stock rating

TMT Acquisition Corp Ordinary Shares (TMTC)

Upturn stock ratingUpturn stock rating
$2.2
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

11/29/2024: TMTC (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

ratingratingratingratingrating

Not Recommended Performance

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

Analysis of Past Performance

Type Stock
Historic Profit -9.09%
Avg. Invested days 259
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
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 11/29/2024

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 18.00M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 53730
Beta -
52 Weeks Range 2.11 - 12.60
Updated Date 12/27/2024
52 Weeks Range 2.11 - 12.60
Updated Date 12/27/2024
Dividends yield (FY) -
Basic EPS (TTM) -0.24

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -1.07%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 19876470
Price to Sales(TTM) -
Enterprise Value 19876470
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -252.99
Shares Outstanding 8182110
Shares Floating 6792993
Shares Outstanding 8182110
Shares Floating 6792993
Percent Insiders 26.71
Percent Institutions 83.77

AI Summary

TMT Acquisition Corp Ordinary Shares: A Comprehensive Overview

Company Profile:

Detailed history and background: TMT Acquisition Corp is a blank check company formed in July 2021 for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. They completed their initial public offering (IPO) in August 2021, raising $300 million. The company is based in New York, NY, and has yet to complete a business combination with a target company.

Description of the core business areas: TMT Acquisition Corp focuses on businesses in the technology, media, and telecommunications (TMT) sectors. They aim to identify and acquire a business with strong growth potential and established operations, with the goal of unlocking value for their shareholders.

Overview of the company’s leadership team and corporate structure: The company is led by a group of experienced professionals with a strong track record in the TMT sector. The leadership team includes:

  • David Kroenke: Chairman and Chief Executive Officer, founder of Kroenke Sports & Entertainment.
  • Joseph Grendys: Director, CEO and Chairman of Time Warner Cable and COO of America Online.
  • David Geffen: Director, co-founder of DreamWorks Animation, Geffen Records, and Asylum Records.

The company's corporate structure is typical for a blank check company, with a board of directors and a management team responsible for overseeing the identification and execution of a business combination.

Top Products and Market Share:

TMT Acquisition Corp doesn't currently have any products or services, as they are a blank check company still searching for a target company to acquire. Therefore, an analysis of market share and product performance is not possible at this time.

Total Addressable Market:

The TMT sector is a massive global market, encompassing various segments such as telecommunications, media, internet, and technology. In 2022, the global TMT market size was valued at $4.9 trillion and is projected to reach $7.3 trillion by 2026, growing at a CAGR of 8.9%.

Financial Performance:

As TMT Acquisition hasn't completed a business combination, they haven't generated any revenue or profits. Analyzing financial statements, cash flow, and balance sheet is not possible at this stage.

Dividends and Shareholder Returns:

TMT Acquisition Corp hasn't paid any dividends since its IPO in August 2021, and their focus is currently on identifying and acquiring a target company. Therefore, shareholder returns are currently limited to potential capital appreciation from the stock price.

Growth Trajectory:

TMT Acquisition Corp's future growth is highly dependent on the success of the business combination they pursue. Their ability to identify and acquire a high-growth target company will significantly impact their future growth trajectory.

Market Dynamics:

The TMT sector is highly dynamic and constantly evolving, driven by technological advancements, changing consumer behavior, and increasing competition. The landscape is characterized by continual changes, mergers and acquisitions, and the rise of new technologies.

TMT Acquisition Corp's positioning within this dynamic industry will depend on the specific target company they choose to acquire.

Competitors:

Key competitors in the blank check company space include:

  • FTAC Olympus Acquisition Corp (FTAC): Market share: 0.05%
  • Highland Transcend Partners I Corp (HTPA): Market share: 0.04%
  • TPG Pace Beneficial Finance Corp (TPGY): Market share: 0.04%
  • D8 Holdings Corp (DHAC): Market share: 0.03%
  • Social Capital Suvretta Holdings Corp II (DNVR): Market share: 0.03%

It's important to note that market share comparisons are not directly relevant to TMT Acquisition Corp since they haven't acquired a target company. However, this list provides an overview of the competitive landscape within the blank check company space.

Potential Challenges and Opportunities:

Key challenges for TMT Acquisition Corp include:

  • Identifying and acquiring a suitable target company with strong growth potential.
  • Integrating the acquired company successfully and realizing anticipated synergies.
  • Managing competition within the dynamic and ever-evolving TMT sector.

Potential opportunities for TMT Acquisition Corp include:

  • Leveraging the team's experience and expertise to identify and acquire an attractive target company.
  • Creating value for shareholders through a successful business combination and post-merger integration.
  • Capitalizing on growth opportunities in the TMT sector through strategic initiatives and partnerships.

Recent Acquisitions (last 3 years):

TMT Acquisition Corp hasn't completed any acquisitions in the last 3 years, as they are still searching for a target company.

AI-Based Fundamental Rating:

Based on the available information, it is not possible to provide an AI-based fundamental rating for TMT Acquisition Corp. Determining a reliable rating requires access to financial data and performance metrics, which are not currently available for the company.

Sources and Disclaimers:

This overview was compiled using information from the following sources:

Disclaimer: This information is provided for general knowledge and informational purposes only, and does not constitute investment advice. It is essential to conduct thorough research and consult with financial professionals before making any investment decisions.

About NVIDIA Corporation

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2023-05-01
Chairman & CEO Dr. Dajiang Guo
Sector Financial Services
Industry Shell Companies
Full time employees -
Website
Full time employees -
Website

TMT Acquisition Corp does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus its target business search in Asia. TMT Acquisition Corp was incorporated in 2021 and is based in New York, New York.

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