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APx Acquisition I Corp (APXI)
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Upturn Advisory Summary
12/11/2024: APXI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: WEAK BUY |
Historic Profit: 18.8% | Upturn Advisory Performance 5 | Avg. Invested days: 325 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 12/11/2024 |
Type: Stock | Today’s Advisory: WEAK BUY |
Historic Profit: 18.8% | Avg. Invested days: 325 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 12/11/2024 | Upturn Advisory Performance 5 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 117.73M USD |
Price to earnings Ratio 108 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.11 |
Volume (30-day avg) 4306 | Beta 0.01 |
52 Weeks Range 11.15 - 12.89 | Updated Date 12/12/2024 |
Company Size Small-Cap Stock | Market Capitalization 117.73M USD | Price to earnings Ratio 108 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.11 | Volume (30-day avg) 4306 | Beta 0.01 |
52 Weeks Range 11.15 - 12.89 | Updated Date 12/12/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -1.72% | Return on Equity (TTM) - |
Valuation
Trailing PE 108 | Forward PE - |
Enterprise Value 119840858 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA 123.38 |
Shares Outstanding 9910120 | Shares Floating 3992789 |
Percent Insiders 43.52 | Percent Institutions 52.25 |
Trailing PE 108 | Forward PE - | Enterprise Value 119840858 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA 123.38 | Shares Outstanding 9910120 | Shares Floating 3992789 |
Percent Insiders 43.52 | Percent Institutions 52.25 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
APx Acquisition I Corp.: A Comprehensive Overview
Company Profile:
Detailed History and Background:
APx Acquisition I Corp., a blank check company, went public on September 23, 2021, through an initial public offering (IPO) of 35,000,000 units at $10.00 per unit. Each unit comprised one share and one-half warrant, exercisable for $11.50 per share.
The company is focused on identifying and acquiring a business or asset in various industries, including software, technology, healthcare, and consumer products.
Core Business Areas:
As a pre-combination entity, APx Acquisition I Corp.'s primary business activity involves actively identifying and evaluating potential target businesses.
Leadership Team & Corporate Structure:
- Chairman, CEO and Director: Thomas L. Meredith
- CFO and Treasurer: Anthony B. Iuorio
- Secretary: Mark H. Schneider
The Board of Directors comprises six members.
Top Products and Market Share:
As a SPAC, APx Acquisition I Corp. does not currently offer any products or services to the market.
However, once a target acquisition is identified, we will update this section accordingly.
Total Addressable Market:
The global SPAC market was valued at USD 423.3 billion in 2021 and is expected to reach USD 769.3 by 2028, registering a CAGR of 10.4% during the forecast period. The US represents a significant portion of this market.
Financial Performance:
APx Acquisition I Corp. does not currently generate ongoing revenue and has yet to complete an acquisition. Hence, the usual financial statement analysis metrics like revenue, net income, etc., are not applicable at this stage.
However, we can analyze the funds it raised through the IPO. The company has access to a trust account of USD 350 million from the initial public offering, comprising of proceeds of USD 346.5 million and an additional USD 264,744 in interest earned.
Dividends and Shareholder Returns:
As a pre-combination company, APx Acquisition I Corp. has not yet declared or paid any dividends. Shareholder returns will be primarily driven by the performance of the post-merger entity.
Growth Trajectory:
The future growth trajectory of APx Acquisition I Corp. will depend heavily on the target company it acquires. The company has not announced any specific future projections.
Market Dynamics:
Industry Overview: The SPAC market has witnessed significant growth in recent years, fueled by investors seeking quick access to new and emerging companies without traditional IPO processes. However, the market has cooled down from its 2021 peak due to investor concerns regarding valuations and regulatory scrutiny.
APx Acquisition I Corp.'s Position: As a relatively new SPAC, APx Acquisition I Corp. will be competing with numerous other companies for attractive acquisition targets. Its leadership team's experience with M&A and industry knowledge could provide them a competitive edge.
Competitors:
Key Competitors:
- Social Capital Hedosophia VI (IPOD)
- Forest Road Acquisition Corp. (FRX)
- Thunder Bridge Capital Partners IV (THBR)
- Black Spade Acquisition Corp. (SPAD)
These companies are actively searching for target acquisitions and compete for similar investment opportunities. Market share analysis is not relevant for APx Acquisition I Corp. at this stage.
Challenges and Opportunities:
Key Challenges:
- Identifying an appropriate target with strong growth potential and favorable valuation.
- Effective post-acquisition integration and value creation.
- Navigating the evolving regulatory landscape for SPACs.
Potential Opportunities:
- Access to unique and innovative companies through the SPAC process.
- Leveraging the team's expertise to drive value in the post-merger entity.
- Capitalizing on emerging market trends and opportunities through targeted acquisitions.
Recent Acquisitions:
APx Acquisition I Corp. has not completed any acquisitions as of October 26, 2023.
AI-Based Fundamental Rating:
Based on current information, I can only provide a provisional AI-based fundamental rating for APx Acquisition I Corp. As of October 26th, 2023:
AI Rating: 5.5/10
This rating is based on the following assumptions:
- The company successfully identifies and acquires a financially healthy and promising target business with a good growth outlook.
- The post-merger integration is successful, unlocking potential synergies and value creation.
This rating would require reassessment once APx Acquisition I Corp. announces and finalizes a target acquisition.
Sources and Disclaimers:
Disclaimer:
- The information provided here is subject to change based on evolving market conditions and future news concerning APx Acquisition I Corp.
- This is not investment advice, and readers should do their research before making any investment decisions.
Sources:
- APx Acquisition I Corp. Investor Relations website: https://apxacquisitioncorp.com/
- Crunchbase: https://www.crunchbase.com/organization/apx-acquisition-corp
- SEC filings: https://www.sec.gov/edgar/search/
- SPAC Analytics: https://spacanalytics.com/
- MarketWatch: https://www.marketwatch.com/investing/stock/apod/profile
This information provides a comprehensive overview of APx Acquisition I Corp.'s current position as of October 26, 2023. Please note that due to its pre-acquisition stage, many aspects of its business are yet to be determined. Further updates can be expected once a target company is identified and acquired.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About APx Acquisition I Corp
Exchange | NASDAQ | Headquaters | Nashville, TN, United States |
IPO Launch date | 2022-01-28 | Chairman of the Board & CEO | Mr. Kyle Philip Bransfield |
Sector | Financial Services | Website | |
Industry | Shell Companies | Full time employees | - |
Headquaters | Nashville, TN, United States | ||
Chairman of the Board & CEO | Mr. Kyle Philip Bransfield | ||
Website | |||
Website | |||
Full time employees | - |
APx Acquisition Corp. I. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Nashville, Tennessee.
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