Finnovate Acquisition Corp.

Finnovate Acquisition Corp.

FNVT
Finnovate Acquisition Corp.US flagNASDAQ Global Market
11.62
USD
+11.62
- -
25.93MMarket Cap

Total Valuation

Finnovate Acquisition Corp. carries a market capitalization of 25.93M, placing it among publicly traded companies globally. Its enterprise value stands at 71.06M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap25.93M
Enterprise Value71.06M

Share Statistics

Finnovate Acquisition Corp. currently has 6.71M shares outstanding.

Shares Outstanding6.71M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Finnovate Acquisition Corp. trades at a trailing price-to-earnings ratio of 244.61.

PE Ratio244.61
PS RatioN/A
PB Ratio3.17
P/TBV Ratio3.17
P/FCF Ratio-94.40
P/OCF Ratio-66.18

Financial Position

Finnovate Acquisition Corp. maintains a current ratio of 0.02, meaning it holds 0.0x the short-term assets needed to cover near-term liabilities.

Current Ratio0.02
Quick Ratio0.01
Debt / Equity10.83
Debt / EBITDA-1.22
Interest CoverageN/A

Financial Efficiency

Finnovate Acquisition Corp. posts a return on equity of 0.80 and a return on invested capital of -5.30.

Return on Equity (ROE)0.80
Return on Assets (ROA)0.74
Return on Invested Capital (ROIC)-5.30
Return on Capital Employed (ROCE)N/A
Revenue Per EmployeeN/A
Employee CountN/A
Inventory TurnoverN/A

Stock Price Statistics

Finnovate Acquisition Corp.'s stock has gained approximately 0% over the past 52 weeks. The 50-day moving average sits at 11.61, while the 200-day moving average is 11.53.

Beta (5Y)N/A
52-Week Price Change0%
50-Day Moving Average11.61
200-Day Moving Average11.53
Average Volume (20 Days)N/A

Income Statement

EBITDA reached -1.92M, while operating income came in at -1.92M.

RevenueN/A
Gross ProfitN/A
Operating Income-1.92M
Pretax Income281,026.00
Net Income281,026.00
EBITDA-1.92M
EBIT-1.92M
Earnings Per Share (EPS)0.03

Balance Sheet

Finnovate Acquisition Corp. holds 35,523.00 in cash and equivalents against 2.35M in total debt, resulting in a net debt position of 2.31M. Total book value stands at 21.69M, with working capital of -4.05M providing operational flexibility.

Cash & Cash Equivalents35,523.00
Total Debt2.35M
Net Debt2.31M
Equity (Book Value)21.69M
Book Value Per Share3.61
Working Capital-4.05M

Cash Flow

Finnovate Acquisition Corp. produced -1.04M in operating cash flow over the past twelve months.

Operating Cash Flow-1.04M
Capital ExpendituresN/A
Free Cash Flow-1.04M
FCF Per Share-0.17

Dividends & Yields

Dividend Per ShareN/A
Dividend YieldN/A
Payout RatioN/A
Shareholder Yield35.73
FCF Yield-1.06

Scores

Finnovate Acquisition Corp. posts an Altman Z-Score of 9.30, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score9.30