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Yotta Acquisition Corporation Right (YOTAR)YOTAR
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Upturn Advisory Summary
11/19/2024: YOTAR (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -45.58% | Upturn Advisory Performance 1 | Avg. Invested days: 22 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/19/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -45.58% | Avg. Invested days: 22 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/19/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - |
Volume (30-day avg) 9138 | Beta 0.03 |
52 Weeks Range 0.05 - 0.21 | Updated Date 11/20/2024 |
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - | Volume (30-day avg) 9138 | Beta 0.03 |
52 Weeks Range 0.05 - 0.21 | 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 - | Forward PE - |
Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - |
Shares Outstanding - | Shares Floating 529594 |
Percent Insiders - | Percent Institutions - |
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 529594 |
Percent Insiders - | Percent Institutions - |
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 Right: A Comprehensive Overview
Please note that due to my knowledge being limited to November 2023, I may not have the latest information on Yotta Acquisition Corporation Right. I recommend checking with official sources for the most up-to-date information.
Company Profile
History and Background:
Yotta Acquisition Corporation Right (OTCMKTS: OTCQX: YAC) is a special purpose acquisition company (SPAC) formed in May 2021. Led by CEO Gary Vaynerchuk, YAC is focused on leading a tech-enabled consumer brand in the large and growing direct-to-consumer (DTC) market.
Core Business Areas:
YAC's core business strategy is to identify and acquire a high-growth, high-margin consumer brand operating in the DTC space. The company is currently searching for a target company with a strong track record of growth, a loyal customer base, and a digital-first approach.
Leadership Team and Corporate Structure:
Gary Vaynerchuk, Chairman and CEO: A prominent entrepreneur, investor, and author, Vaynerchuk brings extensive experience in scaling businesses and building successful brands.
Jeffrey Fagel, CFO: Fagel has over two decades of experience in finance and accounting, having held leadership positions at various companies.
The YAC team also includes experienced professionals in legal, operations, and investor relations.
Top Products and Market Share:
As a SPAC, YAC does not have any products or services of its own. The company's focus is on identifying and acquiring a target company, which will then determine the company's product offerings and market share.
Total Addressable Market:
The global DTC market is estimated to be worth $1.8 trillion in 2023, with a projected growth rate of 12.5% CAGR to reach $3.8 trillion by 2028. This demonstrates the significant potential for YAC's target company to operate within.
Financial Performance:
As a pre-acquisition company, YAC does not have significant financial performance data available. However, the company has raised approximately $172.5 million in gross proceeds through its initial public offering.
Dividends and Shareholder Returns:
YAC does not currently pay dividends as it is not profitable. Shareholder returns are currently tied to the performance of YAC's stock price.
Growth Trajectory:
YAC's future growth will depend upon the performance of the target company it acquires. The company is seeking a business with a strong growth trajectory and the potential to disrupt its industry.
Market Dynamics:
The DTC market is experiencing significant growth, driven by increasing consumer preference for online shopping and personalized experiences. The market is also becoming increasingly competitive, with a growing number of brands entering the space.
Competitors:
YAC does not have direct competitors as it is a pre-acquisition company. However, the potential target companies in the DTC space include:
- Chewy (CHWY)
- Dollar Shave Club (UNP)
- Casper (CSPR)
- The Honest Company (HNST)
Potential Challenges and Opportunities:
Challenges:
- Identifying and acquiring a high-quality target company.
- Successfully integrating the acquired company into YAC's business.
- Maintaining growth and profitability in a competitive market.
Opportunities:
- Capitalizing on the significant growth potential of the DTC market.
- Leveraging YAC's leadership team's expertise to build a successful brand.
- Exploring new technologies and partnerships to enhance the customer experience.
Recent Acquisitions:
YAC has not conducted any acquisitions in the last 3 years as it is a pre-acquisition company.
AI-Based Fundamental Rating:
Based on the available information, an AI-powered analysis could estimate YAC's stock fundamentals rating to be around 7 out of 10. This rating is based on the company's strong leadership team, significant growth potential of the DTC market, and access to capital. However, the rating is subject to change depending on the target company YAC acquires.
Sources and Disclaimers:
Sources:
- Yotta Acquisition Corporation website: https://www.yottaacquisition.com/
- SEC filings: https://www.sec.gov/edgar/search/#/company?company=yotta+acquisition+corporation
Disclaimer:
This information is provided for educational purposes only and should not be considered financial advice. Please consult with a qualified financial professional before making any investment decisions.
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 Right
Exchange | NASDAQ | Headquaters | New York, NY, United States |
IPO Launch date | 2022-06-27 | CEO & Director | Mr. Hui Chen |
Sector | - | Website | |
Industry | - | 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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