XNASFNVT
Market cap77mUSD
Nov 11, Last price
11.62USD
Name
Finnovate Acquisition Corp
Chart & Performance
P/E
31.26
P/S
—
EPS
0.37
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
0k
Net income
2m
-32.45%
CFO
-787k
L+2.48%
Profile
Finnovate Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to acquire Israel-related companies, including companies focused on payments, insuretech, wealthtech, regtech, digital banking, fintech as a service (FAAS), banking as a service (BAAS), cyber area for financial institutions, blockchain and crypto, algo-trading and exchanges, and lending and credit line platforms. Finnovate Acquisition Corp. was incorporated in 2021 and is based in George Town, the Cayman Islands.
IPO date
Nov 04, 2021
Employees
Domiciled in
KY
Incorporated in
KY
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY |
|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | |
| Income | |||
Revenues | |||
Cost of revenue | 1,993 | 1,472 | 191 |
Unusual Expense (Income) | |||
NOPBT | (1,993) | (1,472) | (191) |
NOPBT Margin | |||
Operating Taxes | (2,583) | 449 | |
Tax Rate | |||
NOPAT | (1,993) | 1,111 | (640) |
Net income | 2,495 -32.45% | 3,694 -677.54% | (640) |
Dividends | |||
Dividend yield | |||
Proceeds from repurchase of equity | (132,617) | 177,154 | |
BB yield | 89.11% | -83.16% | |
| Debt | |||
Debt current | 1,343 | 450 | |
Long-term debt | 450 | ||
Deferred revenue | |||
Other long-term liabilities | 973 | ||
Net debt | (49,858) | (178,325) | (176,514) |
| Cash flow | |||
Cash from operating activities | (787) | (768) | (642) |
CAPEX | |||
Cash from investing activities | 131,817 | (175,950) | |
Cash from financing activities | (131,274) | 177,604 | |
FCF | (544) | 1,265 | |
| Balance | |||
Cash | 37 | 244 | 1,012 |
Long term investments | 51,200 | 178,531 | 175,952 |
Excess cash | 51,200 | 178,775 | 176,964 |
Stockholders' equity | 48,403 | 178,076 | 175,311 |
Invested Capital | 1,343 | 450 | 2,104 |
ROIC | 86.98% | ||
ROCE | |||
| EV | |||
Common stock shares outstanding | 13,445 | 21,712 | 21,562 |
Price | 11.07 7.89% | 10.26 3.85% | 9.88 |
Market cap | 148,832 -33.19% | 222,770 4.57% | 213,038 |
EV | 98,974 | 44,445 | 36,523 |
EBITDA | (1,993) | (1,472) | (191) |
EV/EBITDA | |||
Interest | 2,583 | 449 | |
Interest/NOPBT | |||