Company Overview:
Collective Audience is a U.S.-based company that provides e-commerce and digital customer acquisition solutions to simplify digital advertising. The company aims to facilitate data-driven, end-to-end marketing solutions, making it easier for brands and agencies to execute advertising campaigns across various digital channels.
Business Focus:
The company primarily offers a holistic, self-serve AdTech platform with proprietary data-driven and AI-powered capabilities. This technology empowers brands and agencies to execute advertising campaigns across a vast network of the world’s leading digital media and connected TV platforms. This approach reflects the company’s commitment to leveraging data and technology for effective digital advertising.
Valuation Ratios:
The Price-to-Book (P/B) ratio is 4.38, indicating that the stock is trading at a premium to its book value. This suggests investor optimism about the company’s potential target acquisition. Other valuation ratios like Price-to-Earnings (P/E) and Price-to-Sales (P/S) are not applicable since the company doesn’t have revenue or earnings. Enterprise Value to EBITDA is -19.95, suggesting that the company is not generating positive earnings before interest, taxes, depreciation, and amortization.
Profitability:
No information is available on gross margin, operating margin, or net margin. These metrics are typically only applicable to SPACs once a merger takes place.
Efficiency:
Efficiency ratios, such as revenue per employee, are not available due to the company’s early-stage nature. As of the provided data, the company employs only three people.
Capitalization:
The company’s capital structure exhibits high leverage, with a Total Debt to Total Equity ratio of 34.21. This indicates that a significant portion of the company’s capital is in debt, typical for SPACs aiming to finance acquisitions through a combination of equity and debt.
Liquidity:
The current and quick ratios are both relatively low at 0.25, indicating that the company may have challenges in meeting its short-term obligations. The cash ratio of 0.15 is also relatively quiet. This may be due to the nature of SPACs, which often raise capital from investors and hold it in trust accounts until a merger target is identified.
Management and Leadership:
The leadership team of Abri SPAC I, Inc. includes the Chairman and CEO, Jeffrey John Tirman, along with other board members and executives. While their backgrounds are not detailed in the provided information, the experience and track record of the management team are crucial factors for investors considering a SPAC.
Stock Price Overview:
The provided information about Ticker includes data about its recent stock performance and some key metrics. Here is an analysis of this data: Current Price: $5.80 Change from Previous Close: -$0.50 Percentage Change: -7.93% Date and Time: November 3, 2023, 7:59 p.m. EDT
After Hours Trading:
After Hours Volume: 34.28K shares Price at Close: $6.30 Change from Previous Close: -$20.75 Percentage Change: -76.71% Date and Time: November 3, 2023, 4:00 p.m. EDT
Market and Trading Data:
Opening Price: $12.39 52-Week High and Low: The stock has traded from $4.50 to $38.40 over the past year. Trading Volume: The stock’s trading volume on this day was 837.63K shares, significantly above the 65-day average of 50.32K.
Market Value: The total market capitalization of the company is approximately $15.18 million. Shares Outstanding: There are 2.41 million shares outstanding.
Earnings and Valuation Metrics:
Earnings Per Share (TTM): -$1.01 (TTM stands for “Trailing Twelve Months.”) Price-to-Earnings (P/E) Ratio (TTM): Not applicable (N/A) due to negative earnings. Dividend Yield: The company does not pay a dividend.
Sentiment and Analyst Ratings:
Sentiment: The provided data does not include specific sentiment information. Analyst Ratings: There is no average price target or specific buy/sell recommendations mentioned for this stock.
Additional Information: Beta: The stock has a beta of -0.12, indicating it might have a low correlation with the broader market.
Short Interest: As of October 13, 2023, there were 2.02K shares held in short interest, with a slight change of 0.30%.
Percent of Float: The information about the percentage of the float is not available. It’s important to note that the stock has experienced significant after-hours trading with a substantial price drop. This price movement may be related to earnings reports, news, or other market events.
As with any investment, it’s crucial to consider technical and fundamental factors, including the company’s financial health, management, industry trends, and news events that might have influenced the stock’s recent performance.
Please remember that investing in stocks involves risks, and you should conduct thorough research or consult with a financial advisor before making any investment decisions. Also, could you consider the specific details about Abri SPAC I, Inc. as it aims to identify and merge with target businesses, which can significantly impact the stock’s performance?
Summary and Considerations:
Collective Audience is a U.S.-based company that provides e-commerce and digital customer acquisition solutions to simplify digital advertising. The company aims to facilitate data-driven, end-to-end marketing solutions, making it easier for brands and agencies to execute advertising campaigns across various digital channels. It operates in the shell company industry, characterized by its primary function of merging with or acquiring other businesses. The P/B ratio suggests that investors may have high expectations for the company’s future merger prospects. Given the lack of financial data and the high level of leverage in its capital structure, investors interested in Ticker should consider the potential risks associated with investing in SPACs.
The success of the investment will largely depend on the company’s ability to identify and complete a successful merger with a target business, which could significantly impact the stock’s performance. Investors should conduct further research and due diligence, considering the track record of the management team, potential target industries or businesses, and the terms of the merger agreement when it occurs. It’s also essential to stay updated with the latest news and developments regarding the company, as SPACs are dynamic and can change rapidly as they progress toward a merger. Just so you know, investing in SPACs can be speculative and carries inherent risks, so it’s essential to consult a financial advisor and conduct thorough research before making investment decisions. Additionally, the data provided is as of the fiscal year end in December 2023, and the company’s circumstances may have changed since then.
Disclaimer
This article is for the purposes of solicitation subscriptions for this website. This website expects to generate new advertisement revenue resulting from the distribution of this article. The amount of which is unknown at this time. This website or it’s authors do not own any shares of Collective Audience Inc (CAUD) and does not buy, sell, or trade any shares of (CAUD). This article does not provide a professional analysis of a (CAUD) financial position. (CAUD) financial position and all other information regarding the featured Company should be verified directly with (CAUD). Please read our full disclaimer for more detailed information.
