Altitude Acquisition Corp Stock Net Income
ALTUWDelisted Stock | USD 0.05 0.01 36.99% |
Altitude Acquisition Corp fundamentals help investors to digest information that contributes to Altitude Acquisition's financial success or failures. It also enables traders to predict the movement of Altitude Stock. The fundamental analysis module provides a way to measure Altitude Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altitude Acquisition stock.
Altitude |
Altitude Acquisition Corp Company Net Income Analysis
Altitude Acquisition's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Altitude Acquisition Net Income | (3.97 M) |
Most of Altitude Acquisition's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altitude Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Altitude Acquisition Corp reported net income of (3.97 Million). This is much lower than that of the Financial Services sector and significantly lower than that of the Financials industry. The net income for all United States stocks is notably higher than that of the company.
Altitude Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altitude Acquisition's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altitude Acquisition could also be used in its relative valuation, which is a method of valuing Altitude Acquisition by comparing valuation metrics of similar companies.Altitude Acquisition is currently under evaluation in net income category among its peers.
Altitude Fundamentals
Return On Asset | -0.0879 | |||
Number Of Shares Shorted | 1.72 K | |||
EBITDA | (15.41 M) | |||
Net Income | (3.97 M) | |||
Cash And Equivalents | 219.96 K | |||
Cash Per Share | 0.03 X | |||
Total Debt | 275 K | |||
Cash Flow From Operations | (615.72 K) | |||
Beta | -0.02 | |||
Market Capitalization | 366.75 M | |||
Total Asset | 16.98 M | |||
Retained Earnings | (18.83 M) | |||
Working Capital | (1.59 M) | |||
Net Asset | 16.98 M |
About Altitude Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altitude Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altitude Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altitude Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Altitude Stock
If you are still planning to invest in Altitude Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altitude Acquisition's history and understand the potential risks before investing.
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