Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
CITE
Upturn stock ratingUpturn stock rating

Cartica Acquisition Corp (CITE)

Upturn stock ratingUpturn stock rating
$12.35
Last Close (24-hour delay)
Profit since last BUY0.82%
upturn advisory
Consider higher Upturn Star rating
BUY since 29 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/11/2025: CITE (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

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 2.88%
Avg. Invested days 65
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/11/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 94.79M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 0.02
52 Weeks Range 11.25 - 12.25
Updated Date 06/29/2025
52 Weeks Range 11.25 - 12.25
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.84

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.52%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 89459985
Price to Sales(TTM) -
Enterprise Value 89459985
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -54.49
Shares Outstanding 6999420
Shares Floating 2249437
Shares Outstanding 6999420
Shares Floating 2249437
Percent Insiders 67.86
Percent Institutions 32.08

ai summary icon Upturn AI SWOT

Cartica Acquisition Corp

stock logo

Company Overview

overview logo History and Background

Cartica Acquisition Corp. was a blank check 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 founded in 2020.

business area logo Core Business Areas

  • SPAC: Cartica Acquisition Corp. operated solely as a Special Purpose Acquisition Company (SPAC), seeking to identify and acquire a target business. Its core function was identifying and completing a merger or acquisition.

leadership logo Leadership and Structure

Cartica Acquisition Corp.'s leadership consisted of a management team experienced in investment and finance. The organizational structure was typical of a SPAC, with a board of directors and a management team focused on deal sourcing and execution.

Top Products and Market Share

overview logo Key Offerings

  • SPAC IPO: Cartica Acquisition Corp's primary offering was its Initial Public Offering (IPO), raising capital to pursue an acquisition target. Market share is not applicable as it was a SPAC seeking a target.

Market Dynamics

industry overview logo Industry Overview

The SPAC market experienced significant growth followed by increased regulatory scrutiny and a cooling off period. Many SPACs struggled to find suitable targets and complete acquisitions.

Positioning

Cartica Acquisition Corp. was positioned as a SPAC seeking to acquire a business with growth potential. Its competitive advantage would have depended on its ability to source and secure a favorable deal.

Total Addressable Market (TAM)

The TAM for SPACs is generally considered the total value of companies seeking to go public. Cartica Acquisition Corp's position within this TAM was dependent on its ability to attract and secure a target company.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Capital Raised Through IPO
  • Focus on Identifying Growth Opportunities

Weaknesses

  • Dependence on Identifying a Suitable Target
  • Limited Operating History
  • Risk of Failing to Complete an Acquisition

Opportunities

  • Acquire a High-Growth Company
  • Benefit from Favorable Market Conditions
  • Generate Returns for Shareholders

Threats

  • Increased Competition from Other SPACs
  • Unfavorable Market Conditions
  • Regulatory Changes

Competitors and Market Share

competitor logo Key Competitors

  • Social Capital Hedosophia Holdings Corp. V (IPOE)
  • Pershing Square Tontine Holdings, Ltd. (PSTH)
  • Bridgetown Holdings Limited (BTWN)

Competitive Landscape

The competitive landscape for SPACs is intense, with numerous companies vying for attractive acquisition targets. Success depends on the ability to identify and secure a favorable deal.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is not applicable as Cartica Acquisition Corp. was a SPAC seeking a target.

Future Projections: Future projections depended entirely on the potential acquisition target.

Recent Initiatives: Recent initiatives would have focused on identifying and evaluating potential acquisition targets.

Summary

Cartica Acquisition Corp. was a SPAC aimed at finding a suitable business to merge with, which is a risky proposition given the number of SPACs in the market. The company's success hinges on the management team's ability to identify and secure a promising target. Failing to find a merger partner or completing an unfavorable deal are major risks. As a SPAC, its performance is heavily dependent on external factors, which makes it a speculative investment before acquiring a target.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Market Data Providers
  • Financial News Sources

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor. Data may be delayed.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Cartica Acquisition Corp

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2022-02-25
CEO & Chairman Mr. Suresh Guduru
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Cartica Acquisition Corp does not have any significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete a business combination in the technology sector. Cartica Acquisition Corp was incorporated in 2021 and is based in New York, New York.