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Avanti Acquisition Corp. Stock Research

AVAN

Market Closed

AVAN Stock Price

AVAN RSI Chart

AVAN Valuation

Market Cap

150.6M

Price/Earnings (Trailing)

3.36

Price/Sales (Trailing)

163.38

Price/Free Cashflow

-187.14

AVAN Price/Sales (Trailing)

AVAN Profitability

Return on Equity

895.66%

Return on Assets

7.45%

Free Cashflow Yield

-0.53%

AVAN Fundamentals

AVAN Revenue

Revenue (TTM)

921.8K

Revenue Y/Y

9.2K%

Revenue Q/Q

1.6K%

AVAN Earnings

Earnings (TTM)

44.8M

Earnings Y/Y

623.31%

Earnings Q/Q

-40.09%

Price Action

Last 7 days

0.2%

Last 30 days

0.4%

Last 90 days

1.2%

Trailing 12 Months

2.8%

AVAN Financial Health

Current Ratio

0.23

AVAN Investor Care

Financials for Avanti Acquisition

Income Statement (Last 12 Months)
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue1071.5%92279.0038.0036.0036.00
Operating Expenses-8.2%1,2201,3291,3391,191925
Net Income21.3%44,78336,90946,55918,605410
Net Income Margin-89.6%48.58*469.06*1.00510.09*11.30*
Free Cahsflow25.4%-804-1,078-1,592-1,574-1,407
Balance Sheet
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets0.1%601,249600,630600,489600,849600,693
  Current Assets-59.7%215533443813666
    Cash Equivalents-79.1%41.0019467.003005.00
Liabilities-25.4%25,00433,52348,63451,20169,232
  Current Liabilities-12.2%9241,053571576155
Shareholder's Equity-5,000----
  Retained Earnings24.9%-24,705-32,894-48,146-50,353410
  Additional Paid-In Capital-100.0%-4,588---
Shares Outstanding-15,000----
Float-584,400----
Cashflow (Last 12 Months)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations25.4%-804,755-1,078,823-1,592,732-1,574,623-1,407,215
Cashflow From Investing-0.00----
Cashflow From Financing0%840,043840,043465,043601,852,168601,412,490

Risks for AVAN

What is the probability of a big loss on AVAN?

0%


Probability that Avanti Acquisition stock will be more than 20% underwater in next one year

0%


Probability that Avanti Acquisition stock will be more than 30% underwater in next one year.

0%


Probability that Avanti Acquisition stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AVAN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Avanti Acquisition was unfortunately bought at previous high price.

Drawdowns

Returns for AVAN

Cumulative Returns on AVAN

Which funds bought or sold AVAN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-06
OLD MISSION CAPITAL LLC
sold off
-100
-
-
-%
2023-02-17
Radcliffe Capital Management, L.P.
sold off
-100
-4,747,000
-
-%
2023-02-17
Radcliffe Capital Management, L.P.
sold off
-100
-2,004,000
-
-%
2023-02-15
GABELLI & Co INVESTMENT ADVISERS, INC.
sold off
-100
-1,000
-
-%
2023-02-15
ALLIANCEBERNSTEIN L.P.
sold off
-100
-1,000
-
-%
2023-02-15
Virtu Financial LLC
sold off
-100
-
-
-%
2023-02-15
Shaolin Capital Management LLC
sold off
-100
-7,000
-
-%
2023-02-15
JANE STREET GROUP, LLC
sold off
-100
-13,089,000
-
-%
2023-02-15
JANE STREET GROUP, LLC
sold off
-100
-2,000
-
-%
2023-02-15
NOMURA HOLDINGS INC
sold off
-100
-7,940,000
-
-%

1–10 of 49

Latest Funds Activity

Are funds buying AVAN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AVAN
No. of Funds

Avanti Acquisition News

PR Newswire

Avanti Acquisition Corp. Announces Redemption of Class A ....

PR Newswire,
5 months ago

Seeking Alpha

TheStreet

TheStreet

Yahoo Finance

Why are Hedge Funds Piling into SPACs?.

Yahoo Finance,
22 months ago

Schedule 13G FIlings of Avanti Acquisition

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
baupost group llc/ma
0%
0
SC 13G/A
Feb 09, 2023
avanti acquisition scsp
0%
0
SC 13G/A
Feb 14, 2022
citadel advisors llc
2.9%
6
SC 13G/A
Feb 11, 2022
baupost group llc/ma
6.67%
4e+06
SC 13G/A
Feb 16, 2021
luxor capital group, lp
1%
2,953
SC 13G/A
Feb 16, 2021
vellar opportunities fund master, ltd.
0.2%
1e+05
SC 13G
Feb 12, 2021
baupost group llc/ma
6.67%
4e+06
SC 13G
Feb 12, 2021
avanti acquisition scsp
19.9%
14,925,000
SC 13G

AVAN Fair Value

Recent SEC filings of Avanti Acquisition

View All Filings
Date Filed Form Type Document
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for AVAN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2020-10-01
MIGNONE ROBERTO
bought
10,000,000
10.00
1,000,000
-

1–1 of 1

Nassef Onsi Nagib Sawiris
2
Avanti Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It seeks to identify and acquire one or more businesses across various industries in Europe with the United States nexus and international reach. Avanti Acquisition Corp. was incorporated in 2020 and is based in Grand Cayman, the Cayman Islands.

AVAN Income Statement

2022-06-30
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating costs$ 189,636$ 298,311$ 580,521$ 699,252
Loss from operations(189,636)(298,311)(580,521)(699,252)
Other income:    
Interest earned on investments held in Trust Account852,2319,118902,11518,136
Change in fair value of FPA114,9941,112,4961,100,0006,166,615
Change in fair value of warrant liabilities8,360,000440,00022,968,00020,680,000
Total other income9,327,2251,561,61424,970,11526,864,751
Net income9,137,5891,263,30324,389,59426,165,499
Class A Ordinary Share [Member]    
Other income:    
Net income$ 7,310,071$ 1,010,642$ 19,511,675$ 20,932,399
Weighted average shares outstanding, Basic60,000,00060,000,00060,000,00060,000,000
Basic net income per share$ 0.12$ 0.02$ 0.33$ 0.35
Weighted average shares outstanding, Diluted60,000,00060,000,00060,000,00060,000,000
Diluted net income per share$ 0.12$ 0.02$ 0.33$ 0.35
Class B Ordinary Share [Member]    
Other income:    
Net income$ 1,827,518$ 252,661$ 4,877,919$ 5,233,100
Weighted average shares outstanding, Basic15,000,00015,000,00015,000,00015,000,000
Basic net income per share$ 0.12$ 0.02$ 0.33$ 0.35
Weighted average shares outstanding, Diluted15,000,00015,000,00015,000,00015,000,000
Diluted net income per share$ 0.12$ 0.02$ 0.33$ 0.35

AVAN Balance Sheet

2022-06-30
CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets  
Cash$ 40,563$ 67,132
Prepaid expenses174,535375,624
Total Current Assets215,098442,756
FPA Assets85,0030
Investments held in Trust Account600,948,553600,046,438
TOTAL ASSETS601,248,654600,489,194
Current liabilities  
Accounts payable and accrued expenses81,110103,247
Promissory note – related party843,236468,236
Total Current Liabilities924,346571,483
FPA liabilities01,014,997
Warrant liabilities3,080,00026,048,000
Deferred underwriting fee payable21,000,00021,000,000
TOTAL LIABILITIES25,004,34648,634,480
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, 60,000,000 shares at approximately $10.02 and $10.00, per share redemption value as of June 30, 2022 and December 31, 2021, respectively600,948,553600,000,000
Shareholders' Deficit  
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding as of June 30, 2022 and December 31, 2021
Additional paid-in capital
Accumulated deficit(24,705,745)(48,146,786)
Total Shareholders' Deficit(24,704,245)(48,145,286)
TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO REDEMPTION AND SHAREHOLDERS' DEFICIT601,248,654600,489,194
Class A Ordinary Share [Member]  
Shareholders' Deficit  
Ordinary shares
Class B Ordinary Share [Member]  
Shareholders' Deficit  
Ordinary shares$ 1,500$ 1,500