AACI
AACI 1-star rating from Upturn Advisory

Armada Acquisition Corp. II Class A Ordinary Shares (AACI)

Armada Acquisition Corp. II Class A Ordinary Shares (AACI) 1-star rating from Upturn Advisory
$10.23
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Upturn Advisory Summary

01/05/2026: AACI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -0.29%
Avg. Invested days 45
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 01/05/2026

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 69.49M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -0.04
52 Weeks Range 8.10 - 14.50
Updated Date 09/22/2024
52 Weeks Range 8.10 - 14.50
Updated Date 09/22/2024
Dividends yield (FY) -
Basic EPS (TTM) -0.14

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -6.28%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 73677193
Price to Sales(TTM) -
Enterprise Value 73677193
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -23.45
Shares Outstanding 7127190
Shares Floating 2039658
Shares Outstanding 7127190
Shares Floating 2039658
Percent Insiders 77.83
Percent Institutions 13.25

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Armada Acquisition Corp I

Armada Acquisition Corp. II Class A Ordinary Shares(AACI) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Armada Acquisition Corp. II (NASDAQ: AACI) was a special purpose acquisition company (SPAC) 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. It was incorporated in the Cayman Islands and its IPO was in February 2021. Armada Acquisition Corp. II completed its business combination with Gett Inc., a global ride-hailing company, in July 2023, and subsequently changed its name to Gett Inc. (NASDAQ: GETT). Therefore, historical data pertains to the SPAC phase.

Company business area logo Core Business Areas

  • SPAC Formation and Business Combination: As a SPAC, its core business was to identify and merge with a target company. Post-merger, it became an operating company, Gett Inc., which focuses on ride-hailing and corporate ground transportation.

leadership logo Leadership and Structure

During its SPAC phase, the leadership team included CEO and Chairman Michael E. Corrigan, CFO and Treasurer David R. Marsh, and other executive officers and directors. Post-merger, the leadership of Gett Inc. assumed control.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Gett Ride-Hailing Platform: A global ride-hailing platform connecting passengers with drivers. Competitors include Uber, Lyft, and local ride-sharing services worldwide. Market share data for the SPAC phase is not applicable as it was a shell company. Post-merger, Gett Inc. focuses on corporate and consumer ride-hailing, with specific market share data varying by region.
  • Gett Business (Corporate Travel): A platform for businesses to manage and book ground transportation for their employees. Competitors include traditional corporate travel agencies, other ride-hailing services with business solutions, and corporate car services. Specific market share data for this segment is not readily available for the SPAC phase. Gett Inc. aims to capture a significant share of the corporate travel market.

Market Dynamics

industry overview logo Industry Overview

The ride-hailing and ground transportation industry is highly competitive and dynamic, driven by technological advancements, changing consumer preferences, and regulatory environments. The corporate ground transportation segment is evolving with a focus on cost-efficiency, sustainability, and integrated travel management solutions.

Positioning

As a SPAC, Armada Acquisition Corp. II's positioning was focused on identifying a suitable acquisition target. Post-merger, Gett Inc. aims to differentiate itself by focusing on corporate clients and sustainable transportation solutions in select markets.

Total Addressable Market (TAM)

The global ride-hailing market is estimated to be hundreds of billions of dollars and is projected to grow significantly. The corporate ground transportation market is also substantial. Gett Inc.'s TAM is dependent on its geographic reach and service offerings within these broader markets. As a SPAC, it had no direct market share of any industry before its acquisition.

Upturn SWOT Analysis

Strengths

  • Experienced SPAC management team during its formation.
  • Access to public markets for capital raising (post-merger).
  • Focus on the growing corporate ground transportation segment.

Weaknesses

  • As a SPAC, it had no inherent business operations or revenue before its merger.
  • The SPAC market is subject to volatility and regulatory scrutiny.
  • Intense competition in the ride-hailing and transportation sectors.

Opportunities

  • Potential for growth in the corporate travel market through technology and partnerships.
  • Expansion into new geographic regions.
  • Development of sustainable transportation solutions.

Threats

  • Intense competition from established players like Uber and Lyft.
  • Regulatory changes impacting the ride-hailing industry.
  • Economic downturns affecting corporate travel budgets.
  • Technological disruptions and emergence of new mobility solutions.

Competitors and Market Share

Key competitor logo Key Competitors

  • Uber Technologies, Inc. (UBER)
  • Lyft, Inc. (LYFT)
  • Didi Global Limited (DIDI)

Competitive Landscape

Armada Acquisition Corp. II as a SPAC had no competitive landscape. Gett Inc. (post-merger) faces a highly competitive market dominated by larger players like Uber and Lyft, but can differentiate through its focus on corporate clients and specific market strategies.

Major Acquisitions

Gett Inc.

  • Year: 2023
  • Acquisition Price (USD millions):
  • Strategic Rationale: To combine Armada Acquisition Corp. II's public listing and capital with Gett Inc.'s established ride-hailing and corporate transportation business, enabling Gett Inc. to access public markets for further growth and expansion.

Growth Trajectory and Initiatives

Historical Growth: Historical growth for Armada Acquisition Corp. II is limited to its fundraising success during its IPO. Its growth trajectory as an operating entity is now linked to Gett Inc.'s performance.

Future Projections: Future projections are for Gett Inc. and would depend on its ability to execute its business strategy, expand its market reach, and manage costs in the competitive transportation sector. Analyst estimates for Gett Inc. would provide these projections.

Recent Initiatives: The most significant recent initiative was the business combination with Gett Inc. in July 2023.

Summary

Armada Acquisition Corp. II was a SPAC that successfully merged with Gett Inc., transitioning into an operating entity. Gett Inc. operates in the competitive ride-hailing and corporate transportation sectors. While Gett Inc. has opportunities in its targeted markets, it faces significant competition and regulatory challenges. Its future success hinges on effective execution of its growth strategies and financial management.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • SEC Filings (Form S-1, 8-K, 10-K, etc.)
  • Company Press Releases
  • Financial News Outlets (e.g., Bloomberg, Reuters, Wall Street Journal)
  • Industry Research Reports

Disclaimers:

This information is for informational purposes only and does not constitute financial advice. Data accuracy is subject to the availability and reliability of public disclosures. Historical performance is not indicative of future results. Market share data is estimated and may vary.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Armada Acquisition Corp I

Exchange NASDAQ
Headquaters Philadelphia, PA, United States
IPO Launch date 2021-11-10
CEO & Chairman Mr. Stephen P. Herbert
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Armada Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses in the financial technology industry. The company was incorporated in 2020 and is based in Philadelphia, Pennsylvania.