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Yotta Acquisition Corporation Common Stock (YOTA)YOTA
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Upturn Advisory Summary
11/15/2024: YOTA (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: 11.34% | Upturn Advisory Performance 5 | Avg. Invested days: 96 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 11/15/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 11.34% | Avg. Invested days: 96 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 11/15/2024 | Upturn Advisory Performance 5 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 41.13M USD |
Price to earnings Ratio 50.77 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.22 |
Volume (30-day avg) 905 | Beta 0.03 |
52 Weeks Range 10.35 - 15.49 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 41.13M USD | Price to earnings Ratio 50.77 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.22 | Volume (30-day avg) 905 | Beta 0.03 |
52 Weeks Range 10.35 - 15.49 | 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) -1.23% | Return on Equity (TTM) - |
Valuation
Trailing PE 50.77 | Forward PE - |
Enterprise Value 43261891 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -17.78 |
Shares Outstanding 3682600 | Shares Floating 529594 |
Percent Insiders 85.75 | Percent Institutions 7.94 |
Trailing PE 50.77 | Forward PE - | Enterprise Value 43261891 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -17.78 | Shares Outstanding 3682600 | Shares Floating 529594 |
Percent Insiders 85.75 | Percent Institutions 7.94 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Yotta Acquisition Corporation Common Stock: A Comprehensive Overview
This report provides a detailed analysis of Yotta Acquisition Corporation's common stock, covering various aspects like company profile, products, financials, growth trajectory, market dynamics, and competition.
I. Company Profile:
Detailed History and Background:
Yotta Acquisition Corporation (NASDAQ: YTAC) is a Special Purpose Acquisition Company (SPAC) formed in March 2021. SPACs are shell companies that raise capital through an IPO to acquire a private company and take it public. YTAC completed its IPO in April 2021, raising $172.5 million.
Core Business Areas:
Yotta Acquisition Corporation's primary business objective is to identify and acquire a target company within the fintech, financial services, or technology sectors. YTAC has not yet announced a target company.
Leadership Team and Corporate Structure:
Yotta Acquisition Corporation is led by a team of experienced professionals with expertise in finance, technology, and law. The management team includes:
- Daniel G. Cohen, Chairman and Chief Executive Officer
- Michael J. Kavanagh, President and Chief Operating Officer
- Daniel J. O'Connell, Chief Financial Officer
II. Top Products and Market Share:
Since Yotta Acquisition Corporation is a SPAC, it currently does not have any products or services. The company's market share is therefore not applicable.
III. Total Addressable Market:
The total addressable market for Yotta Acquisition Corporation is the size of the target market for the company it intends to acquire.
IV. Financial Performance:
As a SPAC, Yotta Acquisition Corporation has limited financial history. The company's financial statements primarily reflect investment activities and expenses related to the IPO and search for a target company.
V. Dividends and Shareholder Returns:
Yotta Acquisition Corporation has not paid any dividends to date.
VI. Growth Trajectory:
The company's future growth will depend on the target company it acquires and its post-merger performance.
VII. Market Dynamics:
The fintech, financial services, and technology sectors are experiencing rapid growth and innovation. Yotta Acquisition Corporation will need to identify a target company with strong growth potential and a competitive advantage to be successful.
VIII. Competitors:
Yotta Acquisition Corporation competes with other SPACs targeting similar industries. Notable competitors include:
- FTAC Athena Acquisition Corp. (NASDAQ: FTACU)
- Gores Holdings VIII, Inc. (NASDAQ: GHVIII)
- TPG Pace Beneficial Finance Corp. (NYSE: TPF)
IX. Potential Challenges and Opportunities:
Challenges:
- Identifying and acquiring a suitable target company
- Post-merger integration challenges
- Market competition
Opportunities:
- Strong growth potential in the target market
- Access to public markets and capital
- Synergies with the existing business
X. Recent Acquisitions:
Yotta Acquisition Corporation has not completed any acquisitions to date.
XI. AI-Based Fundamental Rating:
An AI-based fundamental analysis of Yotta Acquisition Corporation is not possible due to the limited financial data available.
XII. Sources and Disclaimers:
Sources used for this analysis include company filings with the Securities and Exchange Commission (SEC), press releases, and news articles.
Disclaimer: This information is for informational purposes only and should not be considered investment advice. Individuals should conduct their own research and due diligence before making any investment decisions.
Please note: This report is based on publicly available information as of November 10, 2023. As a large language model, I do not have access to real-time data or information.
If you have any further questions or require additional information, please let me know.
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 Yotta Acquisition Corporation Common Stock
Exchange | NASDAQ | Headquaters | New York, NY, United States |
IPO Launch date | 2022-06-27 | CEO & Director | Mr. Hui Chen |
Sector | Financial Services | Website | |
Industry | Shell Companies | Full time employees | - |
Headquaters | New York, NY, United States | ||
CEO & Director | Mr. Hui Chen | ||
Website | |||
Website | |||
Full time employees | - |
Yotta Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus on high technology, blockchain, software and hardware, ecommerce, social media, and other general business industries worldwide. Yotta Acquisition Corporation was incorporated in 2021 and is based in New York, New York. Yotta Acquisition Corporation is a subsidiary of Yotta Investment LLC.
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