FTAC Emerald Acquisition Corp.

FTAC Emerald Acquisition Corp.

FLDDU
FTAC Emerald Acquisition Corp.US flagNASDAQ Global Market
12.00
USD
- -
- -
245.27MMarket Cap
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
1
4
-1
Effective Tax Rate (%)
- -
39.43
34.35
65.49
Profit Margin (%)
- -
- -
- -
- -
Working Capital
2
- -
-3
-6
LT Debt
- -
- -
- -
- -
Total Equity
216
245
161
45
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
0.48
2.21
2.21
Return on Common Equity (%)
- -
0.48
2.22
-1.26

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
5
6
6
Payables & Accruals
3
3
3
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-34.2%
Free Cash Flow
- -
- -
198.38%
Net Income, GAAP
- -
- -
298.26%
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
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Bracebridge Hemyng Young Jr.
Sector
Financial Services
Industry
Shell Companies
Address
2929 Arch Street Philadelphia PA United States of America 19104
IPO Date
Dec 16, 2021
Business
FTAC Emerald Acquisition Corp. (FLDDU) operates as a blank check company, or special purpose acquisition company, focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, particularly in sectors such as clean and renewable energy, water sustainability, agricultural technology, shared economy software and mobility; it offers no current products or services beyond its capital-raising structure, which includes Class A ordinary shares, redeemable warrants and units comprising one share and one-half warrant, held in trust for deployment post-combination. Founded in 2021 and headquartered at 2929 Arch Street, Suite 1703, Philadelphia, Pennsylvania, the company targets high-growth private entities and maintains operations primarily in the United States. In a major development, shareholders approved a definitive business combination with Fold Inc., a bitcoin financial services provider, on February 13, 2025, with closing anticipated around February 14, 2025, after which the entity will rename to Fold Holdings Inc. and trade common stock under FLD and warrants under FLDDW on Nasdaq; this reverse merger, initially announced in July 2024 with a pre-money valuation of $365 million for Fold, follows SEC effectiveness of the S-4 registration in January 2025 and multiple deadline extensions into early 2025.