Direct Selling Acquisition Corp.

Direct Selling Acquisition Corp.

DSAQ
Direct Selling Acquisition Corp.US flagOther OTC
11.69
USD
- -
- -
99.03MMarket Cap
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
- -
0.4
-0.02
-0.32
Free Cash Flow per Basic Share
- -
-0.03
-0.23
-0.45
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
7.94
2.87
0.95
Tangible Book Value per Share
- -
7.94
2.87
0.95
Basic Weighted Avg Shares
- -
29
15
9
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
12
- -
-3
Effective Tax Rate (%)
- -
5.29
140.46
3.02
Profit Margin (%)
- -
- -
- -
- -
Working Capital
2
-2
-11
-14
LT Debt
- -
- -
- -
- -
Total Equity
217
228
44
9
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
5.21
-0.2
-11.18

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
6
7
8
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
125
116
106

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
1
- -
- -
Cash, Cash Equivalents & STI
1
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
13
14
14
Payables & Accruals
7
6
7
ST Debt
6
7
8
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-80.87%
Free Cash Flow
- -
- -
321.21%
Net Income, GAAP
- -
- -
-102.33%
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
0.17
0.12
0.05
- -
0.4
2023
0.02
-0.01
- -
- -
-0.02
2024
-0.43
-0.02
0.33
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
David A. Wentz
Full Time Employees
3
Sector
Financial Services
Industry
Shell Companies
Address
5800 Democracy Drive Plano TX United States of America 75024
IPO Date
Nov 12, 2021
Business
Direct Selling Acquisition Corp. functions as a special purpose acquisition company, presently without substantial operational activities. Initially formed to seek out and execute business combinations within the direct selling industry, the company has since shifted its acquisition strategy. It announced a definitive agreement in January 2024 to merge with Hunch Mobility and associated entities, a firm specializing in urban air mobility services within the Indian subcontinent. The company's common stock and units were delisted from the New York Stock Exchange in April 2024 due to failure to meet ongoing listing requirements, subsequently commencing trading on the OTC Markets' Pink Market. Headquartered in Plano, Texas, this entity was incorporated in 2021, with its anticipated merger completion deadline most recently extended to March 27, 2025.

Company News

APIChat
  • OTC Markets Group Welcomes Direct Selling Acquisition Corp. to OTCQX

  • Direct Selling Acquisition Corp. Announces Delisting of Common Stock and Units from the New York Stock Exchange

  • NYSE to Commence Delisting Proceeding Against Direct Selling Acquisition Corp. (DSAQ)

  • Direct Selling Acquisition Corp. Announces Notification to New York Stock Exchange of Intention to Voluntarily Delist Common Stock and Units

  • Hunch Mobility, a Leading Provider of Urban Air Mobility in the Indian Subcontinent, Enters Into Business Combination Agreement With Direct Selling Acquisition Corp.