DMYY - dMY Squared Technology Group, Inc. Stock Price, Fair Value and News

10.68USD0.00 (0.00%)Market Closed

Market Summary

USD10.680.00

Market Closed

0.00%

DMYY Stock Price

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DMYY RSI Chart

DMYY Valuation

Market Cap

67.5M

Price/Earnings (Trailing)

29.38

Price/Sales (Trailing)

24.83

EV/EBITDA

23.84

Price/Free Cashflow

-112.41

DMYY Price/Sales (Trailing)

DMYY Profitability

EBT Margin

104.63%

Return on Assets

3.39%

Free Cashflow Yield

-0.89%

DMYY Fundamentals

DMYY Revenue

Revenue (TTM)

2.7M

DMYY Earnings

Earnings (TTM)

2.3M

Earnings Growth (Yr)

127.55%

Earnings Growth (Qtr)

993.28%

Breaking Down DMYY Revenue

Last 30 days

0.3%

Last 90 days

-0.1%

How does DMYY drawdown profile look like?

DMYY Financial Health

Current Ratio

0.07

DMYY Investor Care

Diluted EPS (TTM)

-0.45

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	2.7M	2.7M	0	0
2022	0	0	0	754.8K

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Which funds bought or sold DMYY recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Spartan Fund Management Inc.	unchanged	-	4,216	25,333	0.05%
Apr 18, 2024	Wealthspring Capital LLC	reduced	-8.02	-529	3,210	-%
Apr 18, 2024	Wealthspring Capital LLC	sold off	-100	-528,410	-	-%
Apr 17, 2024	DELTEC ASSET MANAGEMENT LLC	sold off	-100	-547,585	-	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-296,000	-	-%
Feb 15, 2024	Tidal Investments LLC	reduced	-10.32	-33,848	340,673	0.01%
Feb 14, 2024	AQR Arbitrage LLC	unchanged	-	-2,276	3,414	-%
Feb 14, 2024	CITADEL ADVISORS LLC	reduced	-74.24	-17,875	3,269	-%
Feb 14, 2024	Sculptor Capital LP	reduced	-16.12	-325,395	1,867,360	0.04%

Are Funds Buying or Selling DMYY?

Are funds buying DMYY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DMYY

No. of Funds

Unveiling dMY Squared Technology Group, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 22, 2024	shaolin capital management llc	0.0%	0	SC 13G/A
Feb 14, 2024	balyasny asset management l.p.	0.0%	0	SC 13G/A
Feb 14, 2024	centiva capital, lp	3.15%	199,344	SC 13G/A
Feb 14, 2024	sandia investment management lp	7.90%	499,167	SC 13G/A
Feb 14, 2024	meteora capital, llc	18.59%	1,174,705	SC 13G
Feb 13, 2024	polar asset management partners inc.	0%	0	SC 13G/A
Feb 13, 2024	dmy squared sponsor, llc	40.3%	1,579,750	SC 13G
Feb 09, 2024	periscope capital inc.	9.4%	592,533	SC 13G/A
Feb 09, 2024	wealthspring capital llc	8.8%	557,900	SC 13G/A
Feb 10, 2023	wealthspring capital llc	9.9%	624,350	SC 13G/A

Recent SEC filings of dMY Squared Technology Group, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 26, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Mar 27, 2024	8-K	Current Report
Feb 29, 2024	8-K	Current Report
Feb 22, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

dMY Squared Technology Group, Inc. News

Latest updates

dMY Squared Technology Group, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)			(In Thousands)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4
Revenue	-2.3%	668,589	684,210	188,698
S&GA Expenses	-60.2%	211,272	530,235	909,295
EBITDA Margin	83.9%	-0.10	-0.59	-3.05
Income Taxes	-13.0%	132,080	151,755	86,214
Earnings Before Taxes	95.0%	1,323,408	678,747	-2,278,641
EBT Margin	83.9%	-0.10	-0.59	-3.05
Net Income	126.1%	1,191,328	526,992	-2,364,855
Net Income Margin	64.3%	-0.24	-0.67	-3.16
Free Cashflow	-53.0%	-363,022	-237,323	-1,067,623

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet						(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Assets	1.1%	67,701	66,941	66,035	65,763	65,508	-
Current Assets	-50.8%	156	316	282	375	804	67.00
Cash Equivalents	0%	9*	9*	6*	1.00	239	40.00
Liabilities	1.8%	6,220	6,112	5,132	6,052	6,324	-
Current Liabilities	49.4%	2,154	1,441	1,006	1,019	686	534
Retained Earnings	0.3%	-5,079	-5,092	-4,408	-5,103	-5,178	-43.91
Additional Paid-In Capital	-	-	-	-	-	-	25.00
Shares Outstanding	-100.0%	-	1,580	1,580	1,580	1,580	1,725

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
Cashflow From Operations	-100.0%	-	3*	-363	-237	-1,067	4*	-	-
Cashflow From Investing	-	-	-	-	-	-64,137	-	-	-
Cashflow From Financing	-	-	-	58.00	-	65,404	15.00	25.00	-

DMYY Income Statement

2023-12-31

Statements of Operations - USD ($)	11 Months Ended	12 Months Ended
Statements of Operations - USD ($)	Dec. 31, 2022	Dec. 31, 2023
General and administrative expenses	$ 932,709	$ 1,472,490
Corporate tax expenses	155,655	413,612
Loss from operations	(1,088,364)	(1,886,102)
Other income (expenses):
Interest income on operating account	106	46
Interest income from investments held in Trust Account	566,093	3,145,323
Change in fair value of derivative warrant liabilities	(1,752,810)	1,571,480
Offering costs associated with derivative warrant liabilities	(27,080)	0
Total other income (expenses)	(1,213,691)	4,716,849
Net income (loss) before provision for income taxes	(2,302,055)	2,830,747
Provision for income taxes	86,214	533,816
Net income (loss)	(2,388,269)	2,296,931
Common Class A [Member]
Other income (expenses):
Net income (loss)	$ (1,333,544)	$ 1,837,545
Weighted average shares outstanding, basic	1,924,942	6,319,000
Weighted average shares outstanding, diluted	1,924,942	6,319,000
Basic net income (loss) per share	$ (0.69)	$ 0.29
Diluted net income (loss) per share	$ (0.69)	$ 0.29
Common Class B [Member]
Other income (expenses):
Net income (loss)	$ (1,054,725)	$ 459,386
Weighted average shares outstanding, basic	1,522,473	1,579,750
Weighted average shares outstanding, diluted	1,522,473	1,579,750
Basic net income (loss) per share	$ (0.69)	$ 0.29
Diluted net income (loss) per share	$ (0.69)	$ 0.29

DMYY Balance Sheet

2023-12-31

Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 9	$ 238,539
Prepaid expenses	155,625	565,472
Total current assets	155,634	804,011
Investments held in Trust Account	67,545,266	64,703,943
Total Assets	67,700,900	65,507,954
Current liabilities:
Accounts payable	505,955	170,837
Accrued expenses	577,446	273,619
Advances from related parties	185,121	0
Corporate tax payable	374,267	155,655
Income tax payable	511,031	86,214
Total current liabilities	2,153,820	686,325
Overfunding loans	947,850	947,850
Derivative warrant liabilities	906,630	2,478,110
Deferred underwriting commissions	2,211,650	2,211,650
Total Liabilities	6,219,950	6,323,935
Commitments and Contingencies
Class A common stock, $0.0001 par value; 35,000,000 shares authorized; 6,319,000 shares subject to possible redemption at approximately $10.53 and $10.19 per share as of December 31, 2023 and 2022, respectively	66,559,968	64,362,074
Shareholders' Deficit:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of December 31, 2023 and 2022	0	0
Additional paid-in capital	0	0
Accumulated deficit	(5,079,176)	(5,178,213)
Total shareholders' deficit	(5,079,018)	(5,178,055)
Total Liabilities and Shareholders' Deficit	67,700,900	65,507,954
Common Class A [Member]
Current liabilities:
Class A common stock, $0.0001 par value; 35,000,000 shares authorized; 6,319,000 shares subject to possible redemption at approximately $10.53 and $10.19 per share as of December 31, 2023 and 2022, respectively	66,559,968	64,362,074
Shareholders' Deficit:
Common Stock	0	0
Common Class B [Member]
Shareholders' Deficit:
Common Stock	$ 158	$ 158

About dMY Squared Technology Group, Inc.

dMY Squared Technology Group, Inc. 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. It intends to identify and evaluate businesses in the professional service industry that provide accounting, legal, financial, advisory, and other services to public companies or private companies that are in the process of becoming public companies. The company was incorporated in 2022 and is based in Las Vegas, Nevada.

CEO	Mr. Niccolo Mcleod de Masi
WEBSITE	dmysquared.com
INDUSTRY	Shell Companies

dMY Squared Technology Group, Inc. Frequently Asked Questions

What is the ticker symbol for dMY Squared Technology Group, Inc.? What does DMYY stand for in stocks?

DMYY is the stock ticker symbol of dMY Squared Technology Group, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of dMY Squared Technology Group, Inc. (DMYY)?

As of Fri Apr 26 2024, market cap of dMY Squared Technology Group, Inc. is 67.49 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DMYY stock?

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

What is the fair value of DMYY stock?

You can check DMYY's fair value in chart for subscribers. The fair value of dMY Squared Technology Group, Inc. 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 dMY Squared Technology Group, Inc. 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 DMYY 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 dMY Squared Technology Group, Inc. a good stock to buy?

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

What is dMY Squared Technology Group, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, DMYY's PE ratio (Price to Earnings) is 29.38 and Price to Sales (PS) ratio is 24.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DMYY PE ratio will change depending on the future growth rate expectations of investors.