1. Canada Stocks

  2. •

    Financial Services

  3. •

    Shell Companies
Swiftmerge Acquisition Corp.

Swiftmerge Acquisition Corp.

IVCPU
Swiftmerge Acquisition Corp.US flagNASDAQ Global Market
9.20
USD
-0.12
- -
71.82MMarket Cap
Swiftmerge Acquisition Corp.
IVCPU
(NASDAQ Global Market)

Recent

price

9.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
TTM
FRC
- -
- -
- -
- -
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
- -
2
3
- -
Net Income, GAAP
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
1
- -
-3
-4
Working Capital
- -
- -
- -
- -
LT Debt
197
230
21
10
Total Equity
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
0.7
2.72
-0.25
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
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
3
4
4
Payables & Accruals
3
3
3
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
- -
- -
-90.71%
Free Cash Flow
- -
- -
120.71%
Net Income, GAAP
- -
- -
127.39%
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
- -
- -
- -
- -
- -
Similar Companies
Participation Industrielle Miniere S.A. (MLHOP.PA)
LAMF Global Ventures Corp. I (LGVCW)
Itiquira Acquisition Corp. (ITQ)
Arisz Acquisition Corp. (ARIZ)
Catalyst Partners Acquisition Corp. (CPAR)
Churchill Capital Corp V (CCV-WT)
Business
Swiftmerge Acquisition Corp. (NASDAQ:IVCPU) operates as a blank check company with no significant ongoing operations, focusing on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company originally targeted disruptive consumer companies leveraging technology and the internet to evolve consumer market interactions. Incorporated in 2021 and headquartered in Toluca Lake, California, it completed a $200 million initial public offering in December 2021 through 20 million units underwritten by BofA Securities. In December 2024, Swiftmerge completed a reverse merger transaction with AleAnna Energy, LLC, rebranding as AleAnna, Inc. (NASDAQ:ANNA), with AleAnna's Class A common stock and warrants trading under new symbols beginning December 16, 2024; the deal provided approximately $28 million in cash and cash equivalents with no debt outstanding. The business combination, initially announced in June 2024 and approved by shareholders on December 12, 2024, shifted focus to energy operations in Europe, particularly Italy, led by new executives including CEO Marco Brun and Executive Chairman William Dirks, both with experience from major firms like Shell and Eni. Prior to closing, Swiftmerge amended its merger agreement in October 2024 to adjust payment terms for transaction expenses and eliminate certain deliverables like the Tax Receivable Agreement. The company maintains a lean structure with limited employees and no current subsidiaries beyond the completed merger structure.