Achari Ventures Holdings Corp. I

Achari Ventures Holdings Corp. I

AVHI
Achari Ventures Holdings Corp. IUS flagNASDAQ Global Market
11.20
USD
+0.09
- -
31.46MMarket Cap
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
- -
0.13
-0.77
-0.8
Free Cash Flow per Basic Share
- -
-0.05
-0.31
-0.31
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
0.51
-0.5
-1
Tangible Book Value per Share
- -
0.51
-0.5
-1
Basic Weighted Avg Shares
- -
12
3
3
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
2
-3
-2
Effective Tax Rate (%)
- -
11.75
- -
- -
Profit Margin (%)
- -
- -
- -
- -
Working Capital
1
-35
-4
-6
LT Debt
- -
- -
- -
- -
Total Equity
97
6
-2
-3
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
3.16
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
37
36
35

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
4
5
6
Payables & Accruals
4
4
5
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-126.99%
Free Cash Flow
- -
- -
77.31%
Net Income, GAAP
- -
- -
-258.6%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.04
0.03
0.06
- -
0.13
2023
-0.27
-0.15
-0.22
- -
-0.77
2024
-0.17
-0.29
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Vikas Desai
Full Time Employees
3
Sector
Financial Services
Industry
Shell Companies
Address
60 Walnut Avenue Clark NJ United States of America 07066
IPO Date
Nov 17, 2021
Business
Achari Ventures Holdings Corp. I Achari Ventures Holdings Corp. I operates as a blank check company whose principal business activity is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets, with a focus on the cannabis industry and cannabis-related companies. The company does not have significant operations or generate revenues and has not commenced substantive discussions toward identifying or completing a specific business combination target. Achari Ventures Holdings Corp. I serves potential targets in niche sectors including cannabis cultivation, processing, distribution and ancillary services such as technology platforms, financial services and real estate tailored to the industry; it maintains flexibility for equity or credit investments as indicated by its sponsor affiliation. Incorporated in 2021 and headquartered at 60 Walnut Avenue, Suite 400, Clark, New Jersey, the company functions within the financial services sector under the shell companies industry classification and trades on the OTC Markets with the ticker AVHI. A subsidiary of Achari Sponsor Holdings I LLC, it targets emerging asset classes and niche industries through its experienced management team led by Chief Executive Officer Vikas Desai, Chief Financial Officer Mitchell G. Hara and Chief Investment Officer Merrick Friedman. In recent developments, Achari Ventures Holdings Corp. I entered into a business combination agreement in late 2023 with Vaso Corporation, a medical technology firm, which progressed to stockholder approval and SEC registration effectiveness in August and September 2024 but was terminated by Vaso in September 2024, leaving the company without a current target and continuing its search for opportunities in the cannabis sector.

Company News

APIChat
  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Achari Ventures Holdings Corp. - AVHI

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Achari Ventures Holdings Corp. - AVHI

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Achari Ventures Holdings Corp. – AVHI

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Achari Ventures Holdings Corp. - AVHI

  • Vaso Corporation, a Diversified Medical Technology Company Currently Trading on the OTCQX Market, to List on Nasdaq via SPAC Merger