CONX Stock Price, CONX Corp. Quote, Chart

Market Summary

USD10.59+0.02

Delayed

0.19%

CONX Stock Price

View Fullscreen

CONX RSI Chart

CONX Valuation

Market Cap

22.5M

Price/Earnings (Trailing)

-3.75

EV/EBITDA

-3.92

Price/Free Cashflow

-12.55

MarketCap/EBT

-3.93

CONX Price/Earnings (Trailing)

CONX Profitability

Return on Equity

14.98%

Return on Assets

-27.27%

Free Cashflow Yield

-7.97%

CONX Fundamentals

CONX Earnings

Earnings (TTM)

-6.0M

Earnings Growth (Yr)

-458.14%

Earnings Growth (Qtr)

-498.33%

Breaking Down CONX Revenue

Last 7 days

0.7%

Last 30 days

-3.7%

Last 90 days

-0.8%

Trailing 12 Months

3.7%

How does CONX drawdown profile look like?

CONX Financial Health

Current Ratio

0

CONX Investor Care

Buy Backs (1Y)

74.60%

Diluted EPS (TTM)

-0.24

Tracking the Latest Insider Buys and Sells of CONX Corp.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jun 02, 2023	jericho capital asset management l.p.	sold	-40,764,000	10.191	-4,000,000	-

Which funds bought or sold CONX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 21, 2024	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	unchanged	-	39,000	76,500	-%
Feb 26, 2024	Virtu Financial LLC	new	-	4,000	4,000	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-111,000	-	-%
Feb 15, 2024	Potomac Capital Management, Inc.	new	-	14,806,700	14,806,700	17.21%
Feb 15, 2024	Potomac Capital Management, Inc.	sold off	-100	-14,505,300	-	-%
Feb 15, 2024	JANE STREET GROUP, LLC	reduced	-0.58	21,217	41,855	-%
Feb 14, 2024	Point72 Asset Management, L.P.	unchanged	-	9,750	19,125	-%
Feb 14, 2024	Sea Otter Advisors LLC	unchanged	-	14,294	28,039	0.02%
Feb 14, 2024	ARS Investment Partners, LLC	added	76.88	213,630	295,530	0.03%
Feb 14, 2024	ARS Investment Partners, LLC	new	-	186,819	186,819	0.02%

Are Funds Buying or Selling CONX?

Are funds buying CONX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CONX

No. of Funds

Unveiling CONX Corp.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	jane street group, llc	6.5%	136,855	SC 13G
Jul 10, 2023	jericho capital asset management l.p.	0.0%	0	SC 13G/A
Apr 11, 2023	jericho capital asset management l.p.	47.74%	4e+06	SC 13G/A
Feb 14, 2023	moore capital management, lp	17.9%	1,500,000	SC 13G
Feb 14, 2023	jericho capital asset management l.p.	5.33%	4e+06	SC 13G/A
Jan 24, 2023	magnetar financial llc	0.00%	0	SC 13G/A
Feb 14, 2022	jericho capital asset management l.p.	5.33%	4e+06	SC 13G
Feb 14, 2022	palestra capital management llc	0%	0	SC 13G/A

Recent SEC filings of CONX Corp.

View All Filings

Date Filed	Form Type	Document
Apr 16, 2024	10-K/A	Annual Report
Apr 15, 2024	SC TO-I/A	SC TO-I/A
Apr 11, 2024	PRE 14A	PRE 14A
Apr 01, 2024	SC TO-I	SC TO-I
Mar 29, 2024	10-K	Annual Report
Mar 11, 2024	SC TO-C	SC TO-C
Mar 11, 2024	8-K	Current Report
Feb 20, 2024	8-K	Current Report
Feb 09, 2024	SC 13G	Major Ownership Report

CONX Corp. News

Latest updates

CONX Corp. Earnings Report: Key Takeaways & Analysis

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Assets	-21.4%	21,983	27,962	27,781	85,958	85,664	753,438	751,150	750,765	750,904	750,954	750,990	751,130	751,243	-
Current Assets	-45.7%	17.00	32.00	-	1,214	1,420	426	536	666	824	893	947	1,106	1,238	220
Cash Equivalents	-18.2%	8.00	10.00	131	1,133	1,397	374	447	549	750	866	895	1,028	1,212	220
Liabilities	16.2%	40,047	34,452	-	34,253	33,174	30,108	31,946	39,828	52,695	61,318	67,292	63,605	72,390	-
Current Liabilities	16.9%	3,991	3,414	34,994	2,292	2,137	1,180	457	367	299	197	155	78.00	139	562
Shareholder's Equity	-Infinity%	-40,029	-	-	-	-31,753	-	-	-	-51,791	-	5,000	5,000	5,000	16.00
Retained Earnings	-16.3%	-40,031	-34,421	-34,820	-33,040	-31,755	-26,671	-30,797	-39,065	-51,793	-60,365	-71,301	-62,477	-71,149	-8.52
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23.00
Shares Outstanding	-100.0%	-	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	-
Float	-	-	-	27,792	-	-	-	741,375	-	-	-	739,500	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)													(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Cashflow From Operations	-25.8%	-151	-120	-1,252	-264	-171	-72.80	-102	-201	-115	-28.33	-132	-184	-115
Cashflow From Investing	2024.4%	6,231	-323	57,138	-500	-	-	-	-	-	-	-	-	-750,000
Cashflow From Financing	-1978.1%	-6,081	324	-56,888	501	-	-	-	-	-	-	-	-	751,327
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	281*

CONX Income Statement

2023-12-31

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
General and administrative expenses	$ 1,178,513	$ 888,749
Loss from operations	(1,178,513)	(888,749)
Other income
Change in fair value of equity forward	(325,000)
Change in fair value of derivative warrant liabilities	(4,693,000)	21,359,166
Interest income on investments held in Trust Account	267,481	4,937,551
Total other (loss) income	(4,750,519)	26,296,717
(Loss) income before income tax provision	(5,929,032)	25,407,968
Income tax provision	65,469	1,213,218
Net (loss) income	$ (5,994,501)	$ 24,194,750
Class A - Common stock
Weighted average common shares outstanding, basic and diluted
Weighted average common shares outstanding, basic	5,047,364	64,226,579
Weighted average common shares outstanding, diluted	5,047,364	64,226,579
Basic net (loss) income per common share	$ (0.25)	$ 0.29
Diluted net (loss) income per common share	$ (0.25)	$ 0.29
Class B - Common stock
Weighted average common shares outstanding, basic and diluted
Weighted average common shares outstanding, basic	18,750,000	18,750,000
Weighted average common shares outstanding, diluted	18,750,000	18,750,000
Basic net (loss) income per common share	$ (0.25)	$ 0.29
Diluted net (loss) income per common share	$ (0.25)	$ 0.29

CONX Balance Sheet

2023-12-31

BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 8,162	$ 1,397,296
Prepaid expenses	9,166	23,105
Total current assets	17,328	1,420,401
Cash held in trust account	21,966,104	84,243,386
Total assets	21,983,432	85,663,787
Current liabilities:
Accounts payable	76,826	19,114
Working capital loan - related party	400,000
Extension notes - related party	1,708,426	333,935
Accrued expenses	1,097,000	575,300
Accrued excise tax payable	639,193
Income taxes payable	70,011	1,208,515
Total current liabilities	3,991,456	2,136,864
Deferred legal fees	275,000	275,000
Deferred underwriting fee payable	26,250,000	26,250,000
Equity forward liability	325,000
Derivative warrant liabilities	9,205,500	4,512,500
Total liabilities	40,046,956	33,174,364
Commitments and Contingencies
Stockholders' Deficit:
Preferred stock, $0.0001 par value; 20,000,000 shares authorized; none issued or outstanding
Accumulated deficit	(40,031,506)	(31,755,841)
Total Stockholders' Deficit	(40,029,628)	(31,753,963)
Total Liabilities, Class A Common Stock Subject to Redemption, and Stockholders' Deficit	21,983,432	85,663,787
Class A common stock subject to possible redemption
Current liabilities:
Class A common stock subject to possible redemption, 2,090,269 shares at redemption value of $10.51 per share at December 31, 2023 and 8,348,384 shares at redemption value of $10.09 per share at December 31, 2022	21,966,104	84,243,386
Class A common stock not subject to possible redemption
Stockholders' Deficit:
Common stock	3	3
Class B common stock
Stockholders' Deficit:
Common stock	$ 1,875	$ 1,875

About CONX Corp.

CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry. The company was incorporated in 2020 and is based in Littleton, Colorado.

0

CEO	Mr. Kyle Jason Kiser
INDUSTRY	Shell Companies

CONX Corp. Frequently Asked Questions

What is the ticker symbol for CONX Corp.? What does CONX stand for in stocks?

CONX is the stock ticker symbol of CONX Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CONX Corp. (CONX)?

As of Tue Apr 16 2024, market cap of CONX Corp. is 22.45 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CONX stock?

You can check CONX's fair value in chart for subscribers.

What is the fair value of CONX stock?

You can check CONX's fair value in chart for subscribers. The fair value of CONX Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CONX Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CONX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CONX Corp. a good stock to buy?

The fair value guage provides a quick view whether CONX is over valued or under valued. Whether CONX Corp. is cheap or expensive depends on the assumptions which impact CONX Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CONX.