Cartica Acquisition Corp Stock Net Income
| CITE Stock | USD 11.74 0.03 0.26% |
Cartica Acquisition Corp fundamentals help investors to digest information that contributes to Cartica Acquisition's financial success or failures. It also enables traders to predict the movement of Cartica Stock. The fundamental analysis module provides a way to measure Cartica Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cartica Acquisition stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -263.5 K | -276.7 K | |
| Net Income | 6.4 M | 6.8 M | |
| Net Income From Continuing Ops | 9.4 M | 8.8 M | |
| Net Income Per Share | 0.32 | 0.34 | |
| Net Income Per E B T | 1.96 | 1.74 |
Cartica |
Cartica Acquisition Corp Company Net Income Analysis
Cartica Acquisition's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Cartica Acquisition Net Income | 6.38 M |
Most of Cartica Acquisition's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cartica Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cartica Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Cartica Acquisition is extremely important. It helps to project a fair market value of Cartica Stock properly, considering its historical fundamentals such as Net Income. Since Cartica Acquisition's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cartica Acquisition's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cartica Acquisition's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Cartica Operating Income
Operating Income |
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Based on the recorded statements, Cartica Acquisition Corp reported net income of 6.38 M. This is 99.5% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 98.88% higher than that of the company.
Cartica Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cartica Acquisition's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cartica Acquisition could also be used in its relative valuation, which is a method of valuing Cartica Acquisition by comparing valuation metrics of similar companies.Cartica Acquisition is currently under evaluation in net income category among its peers.
Cartica Acquisition ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cartica Acquisition's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cartica Acquisition's managers, analysts, and investors.Environmental | Governance | Social |
Cartica Acquisition Institutional Holders
Institutional Holdings refers to the ownership stake in Cartica Acquisition that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cartica Acquisition's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cartica Acquisition's value.| Shares | Walleye Trading Llc | 2024-09-30 | 35.6 K | Clear Street Llc | 2024-06-30 | 29.6 K | Citadel Advisors Llc | 2024-09-30 | 10.1 K | Tower Research Capital Llc | 2024-09-30 | 115 | Periscope Capital Inc. | 2024-06-30 | 0.0 | Penderfund Capital Management Ltd | 2024-06-30 | 0.0 | K2 Principal Fund Lp | 2024-06-30 | 0.0 | Ubs Group Ag | 2024-09-30 | 0.0 | Robinson Capital Management, Inc. | 2024-06-30 | 0.0 | Berkley W R Corp | 2024-09-30 | 342.7 K | Glazer Capital, Llc | 2024-09-30 | 253.9 K |
Cartica Fundamentals
| Return On Asset | -0.0252 | ||||
| Current Valuation | 95.52 M | ||||
| Shares Outstanding | 7 M | ||||
| Shares Owned By Insiders | 67.86 % | ||||
| Shares Owned By Institutions | 32.07 % | ||||
| Number Of Shares Shorted | 1.67 K | ||||
| Price To Book | 6.29 X | ||||
| EBITDA | 8.42 M | ||||
| Net Income | 6.38 M | ||||
| Cash And Equivalents | 1.62 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 250 K | ||||
| Current Ratio | 11.25 X | ||||
| Book Value Per Share | (0.17) X | ||||
| Cash Flow From Operations | (1.32 M) | ||||
| Short Ratio | 0.11 X | ||||
| Earnings Per Share | (0.84) X | ||||
| Beta | 0.022 | ||||
| Market Capitalization | 93.87 M | ||||
| Total Asset | 46.4 M | ||||
| Retained Earnings | (4.99 M) | ||||
| Working Capital | (723.23 K) | ||||
| Net Asset | 46.4 M |
About Cartica Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cartica Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cartica Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cartica Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Cartica Acquisition Corp is a strong investment it is important to analyze Cartica Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cartica Acquisition's future performance. For an informed investment choice regarding Cartica Stock, refer to the following important reports:Check out Cartica Acquisition Piotroski F Score and Cartica Acquisition Altman Z Score analysis. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cartica Acquisition. If investors know Cartica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cartica Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.56) | Earnings Share (0.84) | Return On Assets (0.03) |
The market value of Cartica Acquisition Corp is measured differently than its book value, which is the value of Cartica that is recorded on the company's balance sheet. Investors also form their own opinion of Cartica Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Cartica Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cartica Acquisition's market value can be influenced by many factors that don't directly affect Cartica Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cartica Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartica Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartica Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.