ATAK Intrinsic Value Calculation – Aurora Technology Acquisition Submits Quarterly Report and Compliance Plan to Nasdaq
June 1, 2023
🌥️Trending News
Aurora Technology Acquisition ($NASDAQ:ATAK) (ATA) has submitted its quarterly report and compliance plan to Nasdaq.
Additionally, the documents provide detailed information about the company’s investment strategy and upcoming plans. The compliance plan outlines the steps ATA must take in order to remain compliant with Nasdaq’s regulations. These documents are essential for ATA to be able to continue trading on the Nasdaq exchange. By submitting its quarterly report and compliance plan, ATA has taken important steps to ensure it is meeting Nasdaq’s requirements and keeping its shareholders informed. ATA continues to search for opportunities in the technology sector and is committed to providing value to its shareholders through successful acquisitions and mergers. With its quarterly report and compliance plan now submitted, ATA can focus on meeting its goals and objectives as it works toward achieving long-term success.
Price History
The report showed that the company’s stock opened at $10.5 and closed at $10.5, a 0.1% increase from the previous closing price of 10.5. AURORA TECHNOLOGY ACQUISITION has been working diligently to ensure that its financial performance meets the strict standards of the Nasdaq exchange. This filing is a sign that the company is making progress in meeting these standards and is striving to remain listed on the exchange. With this report, investors can be confident that the company is taking the necessary steps to maintain its listing status. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ATAK. More…
| Total Revenues | Net Income | Net Margin |
| 0 | 3.15 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ATAK. More…
| Operations | Investing | Financing |
| -0.49 | 149.05 | -149.15 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ATAK. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 59.36 | 9.79 | 4.5 |
Key Ratios Snapshot
Some of the financial key ratios for ATAK are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | – |
| FCF Margin | ROE | ROA |
| – | -1.2% | -2.6% |
Analysis – ATAK Intrinsic Value Calculation
At GoodWhale, we thoroughly analyze stocks to help investors make informed decisions. AURORA TECHNOLOGY ACQUISITION is a great example of such an analysis. By analyzing AURORA TECHNOLOGY ACQUISITION’s financials with GoodWhale, we determined that its fair value is around $7.1, calculated by our proprietary Valuation Line. Despite this, the stock is currently traded at $10.5, which is overvalued by 47.1%. This may provide an opportunity for investors to make a profit, but it is important to take into account the risk associated with any investment. We recommend seeking professional advice before making any decisions. More…
Peers
Aurora Technology Acquisition Corp is the newest entrant in the technology acquisition space, joining Athena Technology Acquisition Corp II, Technology & Telecommunication Acquisition Corp, and Enterprise 4.0 Technology Acquisition Corp in the race for the latest products and innovations in the world of technology. All four companies are actively competing to bring the latest technology breakthroughs to their respective customer bases.
– Athena Technology Acquisition Corp II ($NYSE:ATEK)
Athena Technology Acquisition Corp II is a publicly traded special purpose acquisition company that was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. With a market cap of 364.6M as of 2023, the company has been performing below expectations, as evidenced by its Return on Equity (ROE) of -0.41%. This indicates that Athena Technology Acquisition Corp II is not generating a return on the money invested into it by shareholders and could be performing better.
– Technology & Telecommunication Acquisition Corp ($NASDAQ:TETE)
Technology & Telecommunication Acquisition Corp is a publicly traded special purpose acquisition company based in the United States. The company was founded in 2020 and has a current market capitalization of 70.07M. The company’s Return on Equity (ROE) is -0.53%, which indicates that the company is not effectively using its equity to generate profits. Technology & Telecommunication Acquisition Corp provides financial services and invests in companies in the technology and telecommunications sectors, helping to finance their growth and expansion plans.
– Enterprise 4.0 Technology Acquisition Corp ($NASDAQ:ENTF)
Enterprise 4.0 Technology Acquisition Corp is a publicly-traded special purpose acquisition company (SPAC) that focuses on acquiring and investing in innovative technology companies. As of 2023, the company has a market capitalization of 158.79 million and a Return on Equity of -0.18%. This indicates that the company is highly leveraged and is not generating enough asset value from its investments to cover its liabilities. As such, investors are advised to proceed with caution before investing in this SPAC.
Summary
Aurora Technology Acquisition’s latest quarterly report and compliance plan show a strong potential for growth. Investors should consider adding Aurora Technology Acquisition to their portfolios, as the company has strong financial performance and a promising future.
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