FTEV - FinTech Evolution Acquisition Group Stock

FTEV Stock Price

FTEV RSI Chart

FTEV Valuation

Market Cap

277.7M

Price/Earnings (Trailing)

29.01

Price/Sales (Trailing)

160.26

Price/Free Cashflow

-395.87

FTEV Price/Sales (Trailing)

FTEV Profitability

Return on Equity

-79.29%

Return on Assets

3.47%

Free Cashflow Yield

-0.25%

FTEV Fundamentals

FTEV Revenue

Revenue (TTM)

1.7M

Revenue Y/Y

5.9K%

Revenue Q/Q

573.96%

FTEV Earnings

Earnings (TTM)

9.6M

Earnings Y/Y

-74.32%

Earnings Q/Q

-54.02%

Price Action

Last 7 days

-0.1%

Last 30 days

0.2%

Last 90 days

1.5%

Trailing 12 Months

4.5%

FTEV Financial Health

Current Ratio

0.92

FTEV Investor Care

Diluted EPS (TTM)

0.4

Financials for FinTech Evolution Acquisition Group

* denotes actual numbers (not divided by Thousands)
Income Statement (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	380.9%	1,733	360	181	111	78.00
Operating Expenses	-8.3%	1,568	1,711	1,820	1,669	1,432
Net Income	-20.7%	9,571	12,066	8,616	4,508	3,761
Net Income Margin	-83.5%	5.52*	33.49*	47.73*	40.46*	48.23*
Free Cahsflow	-1.6%	-701	-690	-594	-1,021	-966

* denotes actual numbers (not divided by Thousands)
Balance Sheet					(In Thousands)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Assets	0.5%	276,184	274,942	274,802	275,072	275,397
Current Assets	-40.4%	259	434	663	814	1,232
Cash Equivalents	-40.9%	120	203	348	525	822
Liabilities	3.2%	12,329	11,949	13,684	19,100	21,113
Current Liabilities	5.8%	280	265	263	220	759
Shareholder's Equity	-4.8%	-12,070	-11,514	-12,983	-18,240	-19,881
Retained Earnings	-4.8%	-12,071	-11,515	-12,984	-18,241	-19,882
Additional Paid-In Capital	NaN%	-	-	-	-	-
Shares Outstanding	0%	27,410	27,410	22,623	-	-

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Cashflow From Operations	-1.6%	-0.70	-0.69	-0.59	-1.02	-0.97
Cashflow From Investing	100.0%	0.00	-274	-365	-	-
Cashflow From Financing	-100.0%	0.00	276	368	-	-

Risks for FTEV

What is the probability of a big loss on FTEV?

0%

Probability that FinTech Evolution Acquisition Group stock will be more than 20% underwater in next one year

0%

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

0%

Probability that FinTech Evolution Acquisition Group 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 FTEV drawdown profile look like?

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

Drawdowns

Returns for FTEV

Cumulative Returns on FTEV

Which funds bought or sold FTEV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-06	OLD MISSION CAPITAL LLC	sold off	-100	-1,000	-	-%
2023-02-24	PIPER SANDLER & CO.	unchanged	-	621	57,621	0.06%
2023-02-17	Radcliffe Capital Management, L.P.	added	0.04	136,734	7,507,730	0.24%
2023-02-17	Radcliffe Capital Management, L.P.	unchanged	-	30,317	1,683,320	0.05%
2023-02-16	SkyView Investment Advisors, LLC	unchanged	-	4,000	252,000	0.08%
2023-02-15	JANE STREET GROUP, LLC	sold off	-100	-9,000	-	-%
2023-02-15	NOMURA HOLDINGS INC	sold off	-100	-49,000	-	-%
2023-02-15	Toroso Investments, LLC	unchanged	-	7,000	378,000	0.01%
2023-02-15	JANE STREET GROUP, LLC	reduced	-0.09	46,668	2,714,670	-%
2023-02-15	Virtu Financial LLC	new	-	156,000	156,000	0.02%

Latest Funds Activity

Are funds buying FTEV calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own FTEV

No. of Funds

FinTech Evolution Acquisition Group News

Schedule 13G FIlings of FinTech Evolution Acquisition Group

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 10, 2023	first trust capital management l.p.	10.97%	3,007,769	SC 13G
Feb 14, 2023	d. e. shaw & co, l.p.	2.6%	709,367	SC 13G/A
Feb 14, 2023	glazer capital, llc	9.81%	2,689,058	SC 13G/A
Feb 14, 2023	citadel advisors llc	2.7%	6	SC 13G/A
Feb 13, 2023	aristeia capital llc	6.11%	1,674,499	SC 13G/A
Feb 14, 2022	fintech evolution sponsor llc	20%	6,852,540	SC 13G
Feb 14, 2022	aristeia capital llc	5.47%	1,500,000	SC 13G
Feb 14, 2022	glazer capital, llc	5.05%	1,383,874	SC 13G
Feb 14, 2022	citadel advisors llc	5.9%	6	SC 13G/A

FTEV Fair Value

Recent SEC filings of FinTech Evolution Acquisition Group

View All Filings

Date Filed	Form Type	Document
Mar 13, 2023	25-NSE	25-NSE
Mar 10, 2023	SC 13G	Major Ownership Report
Feb 24, 2023	8-K	Current Report
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 13, 2023	SC 13G/A	Major Ownership Report
Feb 02, 2023	8-K	Current Report
Jan 11, 2023	25-NSE	25-NSE

About FinTech Evolution Acquisition Group

Rohit Bhagat

N/A

FinTech Evolution Acquisition Group, a blank check company, intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.

FTEV Income Statement

2022-09-30

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Operating costs	$ 455,863	$ 598,653	$ 973,306	$ 1,073,744
Loss from operations	(455,863)	(598,653)	(973,306)	(1,073,744)
Other income (expense):
Interest earned on cash and marketable securities held in Trust Account	1,395,517	23,188	1,679,681	58,491
Change in fair value of warrant liabilities	(100,285)	3,919,068	7,143,325	4,378,191
Transaction costs allocable to warrant liabilities				(547,945)
Unrealized gain on marketable securities held in Trust Account	22,788	13,819	33,295	5,782
Other income, net	1,318,020	3,956,075	8,856,301	3,894,519
Net income	$ 862,157	$ 3,357,422	$ 7,882,995	$ 2,820,775
Class A Ordinary Shares
Other income (expense):
Basic and diluted weighted average shares outstanding,ordinary shares (in Shares)	27,410,158	27,410,158	27,410,158	21,009,788
Basic and diluted net income per ordinary share, ordinary shares (in Dollars per share)	$ 0.03	$ 0.1	$ 0.23	$ 0.1
Class B Ordinary Shares
Other income (expense):
Basic and diluted weighted average shares outstanding,ordinary shares (in Shares)	6,852,539	6,852,539	6,852,539	6,655,799
Basic and diluted net income per ordinary share, ordinary shares (in Dollars per share)	$ 0.03	$ 0.1	$ 0.23	$ 0.1

FTEV Balance Sheet

2022-09-30

Condensed Balance Sheets - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash	$ 120,354	$ 525,017
Short-term prepaid expenses	138,333	288,767
Total Current Assets	258,687	813,784
Long-term prepaid expenses		45,833
Cash and marketable securities held in Trust Account	275,925,727	274,212,751
TOTAL ASSETS	276,184,414	275,072,368
Current liabilities:
Accounts payable and accrued expenses	2,498	34,795
Advances from related party	277,984	185,457
Total Current Liabilities	280,482	220,252
Deferred legal fee	1,074,028	761,882
Deferred underwriting fee payable	9,593,555	9,593,555
Warrant liabilities	1,381,399	8,524,724
TOTAL LIABILITIES	12,329,464	19,100,413
Commitments and Contingencies (See Note 6)
Class A ordinary shares subject to possible redemption, 27,410,158 shares at redemption value at September 30, 2022 and December 31, 2021	275,925,727	274,212,751
Shareholders’ Deficit
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized at September 30, 2022 and December 31, 2021; none issued or outstanding (excluding 27,410,158 shares subject to possible redemption)
Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 6,852,539 shares issued and outstanding at September 30, 2022 and December 31, 2021	685	685
Additional paid-in capital
Accumulated deficit	(12,071,462)	(18,241,481)
Total Shareholders’ Deficit	(12,070,777)	(18,240,796)
TOTAL LIABILITIES, REDEEMABLE ORDINARY SHARES, AND SHAREHOLDERS’ DEFICIT	$ 276,184,414	$ 275,072,368