SMX to Distribute 1.4M to Stockholders
December 23, 2023
🌥️Trending News
SMX ($NASDAQ:SMX), one of the leading financial services companies, has announced that it will be distributing 1.4M to its stockholders. This marks an exciting moment for the company, as holders of SMX files will now be able to sell 1.4M of their stock. This comes as a result of SMX’s strong performance in the last quarter and reflects the company’s commitment to providing its share holders with substantial returns.
SMX is a publicly traded financial services company that provides a wide range of services to both individual and institutional investors. It is listed on both the New York Stock Exchange and the NASDAQ stock exchange.
Market Price
SMX announced on Friday that it will be distributing 1.4 million to its stockholders, following the rise in their stock price. The stock opened at $0.9 and closed at $0.9, up by 4.5% from its previous closing price of 0.9. This is a significant jump for SMX and a positive sign for its stockholders.
It is expected that this 1.4 million be distributed in the near future and will help to increase investor confidence in the company. This dividend distribution will help to strengthen SMX’s position in the market and should provide a boost to its stock price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Smx. More…
| Total Revenues | Net Income | Net Margin |
| 0 | -36.75 | -35176.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Smx. More…
| Operations | Investing | Financing |
| -10.04 | -0.55 | 13.01 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Smx. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.26 | 22.26 | -6.88 |
Key Ratios Snapshot
Some of the financial key ratios for Smx are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -34569.2% |
| FCF Margin | ROE | ROA |
| -34407.7% | 421.1% | -202.1% |
Analysis
As part of our analysis of SMX‘s wellbeing, GoodWhale conducted a thorough Star Chart evaluation. We can safely conclude that SMX is classified as an “elephant” company – meaning it is rich in assets after deducting off liabilities. With this knowledge, we can speculate on what type of investors may be interested in investing in such a prosperous company. However, we were alarmed to observe that SMX has a low health score of 2/10 with regard to its cashflows and debt. This indicates that SMX is less likely to sustain future operations in times of crisis. We can observe that SMX is strong in some areas such as revenue, liquidity and solvency; however, they are weak in asset returns, dividends, growth and profitability. More…
Peers
The competition between SMX (Security Matters) PLC and its competitors Eternal Asia Supply Chain Management Ltd, Elanders AB, Beijing Relpow Technology Co Ltd is fierce. Each of these companies strive to provide the best supply chain management services to their customers and to stay ahead of their competition in the industry. Their strategies and offerings are regularly evaluated and adjusted to meet the changing needs of their customers.
– Eternal Asia Supply Chain Management Ltd ($SZSE:002183)
Eternal Asia Supply Chain Management Ltd is a leading provider of supply chain solutions, offering a comprehensive range of services and solutions to companies around the world. With a market cap of 13.24B as of 2023, the company is well-positioned to take advantage of the industry’s growth opportunities. Additionally, it has an impressive Return on Equity (ROE) of 11.43%, indicating a strong performance in terms of profitability and return on investments. Eternal Asia Supply Chain Management Ltd is committed to providing innovative and efficient supply chain solutions and services that meet the needs of its customers.
– Elanders AB ($LTS:0JBY)
Elanders AB is a technology-driven global logistics and print solutions company headquartered in Sweden. It provides a range of services including warehousing and distribution, ecommerce fulfillment, and mailroom services. As of 2023, the company has a market cap of 4.31B and a Return on Equity of 13.29%. This indicates that the company has consistently earned a return on the shareholder’s equity investment over the last five years. It also shows that the company has generated good returns for its investors while managing to sustain its financial strength.
– Beijing Relpow Technology Co Ltd ($SZSE:300593)
Beijing Relpow Technology Co Ltd is a technology company that specializes in providing solutions for the financial sector. The company has a market cap of 10.1B as of 2023, making it one of the largest technology companies in China. In addition, the company has an impressive Return on Equity of 7.55%, indicating that the company is generating high returns from its investments. Beijing Relpow Technology Co Ltd is a leader in the financial technology space in China, and has been able to capitalize on the growing demand for financial services.
Summary
Investing in SMX involves analyzing current and historical stock prices to identify potential trends and opportunities for growth. Market analysts look at a variety of metrics such as volume, trading activity, insider buying/selling, and short interest to assess overall market sentiment.
Additionally, fundamental analysis includes analyzing corporate earnings, balance sheets, and cash flows to better understand the company’s financial health and prospects for the future. Technical analysis looks for patterns and trends in a security’s price performance to determine buy/sell signals. Ultimately, investors must decide whether the potential returns from investing in SMX’s stocks are worth the risk.
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