Velocity Acquisition Corp
NASDAQ:VELO
Intrinsic Value
Velocity Acquisition Corp. operates as a blank check company. [ Read More ]
There is not enough data to reliably calculate the intrinsic value of VELO.
Fundamental Analysis
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 |
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
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.
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.
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
Shareholder Return
VELO Price
Velocity Acquisition Corp
Average Annual Return | -2.9% |
Standard Deviation of Annual Returns |
N/A
|
Max Drawdown | -100% |
Market Capitalization | 0 USD |
Shares Outstanding | 28 750 000 |
Percentage of Shares Shorted | 0.19% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
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.