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Velocity Acquisition Corp
NASDAQ:VELO

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Velocity Acquisition Corp
NASDAQ:VELO
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Price: 0 USD
Updated: May 3, 2024

Intrinsic Value

VELO Intrinsic Value
Base Case
Not Available
V
Base Case Scenario

Fundamental Analysis

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Velocity Acquisition Corp

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trend over the past five years for Velocity Acquisition Corp.

Financials

Balance Sheet Decomposition
Velocity Acquisition Corp

Current Assets 532.5k
Cash & Short-Term Investments 363.3k
Other Current Assets 169.2k
Non-Current Assets 231.1m
Long-Term Investments 231.1m
Current Liabilities 1.2m
Accounts Payable 937.5k
Accrued Liabilities 238.3k
Non-Current Liabilities 8.7m
Other Non-Current Liabilities 8.7m
Efficiency

Earnings Waterfall
Velocity Acquisition Corp

Revenue
0 USD
Operating Expenses
-957.5k USD
Operating Income
-957.5k USD
Other Expenses
10.2m USD
Net Income
9.3m USD

Free Cash Flow Analysis
Velocity Acquisition Corp

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
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Fundamental Scores

VELO Profitability Score
Profitability Due Diligence

Velocity Acquisition Corp's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

Negative Free Cash Flow
Positive 3-Year Average ROE
Low ROE
Negative ROIC
43/100
Profitability
Score

Velocity Acquisition Corp's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

VELO Solvency Score
Solvency Due Diligence

Velocity Acquisition Corp's solvency score is 69/100. The higher the solvency score, the more solvent the company is.

High Altman Z-Score
Long-Term Solvency
Low D/E
Short-Term Solvency
69/100
Solvency
Score

Velocity Acquisition Corp's solvency score is 69/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

VELO Price Targets Summary
Velocity Acquisition Corp

There are no price targets for VELO.
Lowest
Price Target
Not Available
Average
Price Target
Not Available
Highest
Price Target
Not Available
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Competitive Landscape

Shareholder Return

VELO Price
Velocity Acquisition Corp

1M 1M
-
6M 6M
-
1Y 1Y
-
3Y 3Y
-
5Y 5Y
-
10Y 10Y
-
Annual Price Range
N/A
52w Low
N/A
52w High
N/A
Price Metrics
Average Annual Return -2.9%
Standard Deviation of Annual Returns
N/A
Max Drawdown -100%
Shares Statistics
Market Capitalization 0 USD
Shares Outstanding 28 750 000
Percentage of Shares Shorted 0.19%

VELO Return Decomposition
Main factors of price return

What is price return decomposition?

Company Profile

Velocity Acquisition Corp

Country

United States of America

Industry

N/A

Market Cap

0 USD

Dividend Yield

0%

Description

Velocity Acquisition Corp. operates as a blank check company. The company is headquartered in Ridgefield, Connecticut. The company went IPO on 2021-02-23. The firm is 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. The company has not selected any business combination target and has not initiated any substantive discussions, directly or indirectly, with any business combination target. The firm intends to focus its search on digital transformation businesses, including digital services, digital platforms, and related sectors in North America. The company neither engages in any business operations nor generates any revenues.

Contact

CONNECTICUT
Ridgefield
109 Old Branchville Rd
+12019561969.0
http://velocityacq.co/

IPO

2021-02-23

Employees

-

Officers

CEO & Director
Mr. Adrian Covey
Co-Founder
Mr. Doug Jacob
Chief Financial Officer
Mr. Garrett Schreiber
Chief Digital Officer
Mr. Judge Graham
Chief Strategy Officer
Mr. Nicolas Brien

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