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FTEV

10.01USD0.00(0.00%)Market Closed

FinTech Evolution Acquisition Group

Market Summary

USD10.010.00Market Closed
0.00%

FTEV Stock Price

RSI Chart

Valuation

Market Cap

273.0M

Price/Earnings

22.63

Price/Sales

757.77

Price/Cashflow

-395.4

Price/Sales

Profitability

Return on Assets

4.39%

Fundamentals

Revenue

Revenue (TTM)

1.7M

Revenue Y/Y

5.9K%

Revenue Q/Q

573.96%

Earnings

Earnings (TTM)

9.6M

Earnings Y/Y

-74.32%

Earnings Q/Q

-54.02%

Price Action

52 Week Range

9.6410.29
(Low)(High)

Last 7 days

0.1%

Last 30 days

0.6%

Last 90 days

1.5%

Trailing 12 Months

2.7%

Financial Health

Current Ratio

1.64

Investor Care

Diluted EPS (TTM)

0.4

Financials for FinTech Evolution Acquisition Group

Income Statement (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue380.9%1,73336018111178
Operating Expenses-8.3%1,5681,7111,8201,6691,432
Net Income-20.7%9,57112,0668,6164,5083,761
Balance Sheet
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.5%276,184274,942274,802275,072275,397
  Current Assets-40.4%2594346638141,232
    Cash Equivalents-40.9%120203348525822
Liabilities3.2%12,32911,94913,68419,10021,113
  Current Liabilities5.8%280265263982759
  Retained Earnings-4.8%-12,071.46-11,515.31-12,984.55-18,241.48-19,882.13
  Additional Paid-In CapitalNaN%-----
Shares Outstanding0%27,41027,41022,623--
* denotes actual numbers (not divided by Thousands)
Cashflow (Last 12 Months)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-1.6%-701,410.00-690,456.00-594,622.00-1,021,298.00-966,068.00
Cashflow From InvestingNaN%000-274,101,580.00-365,468,773.33
Cashflow From Financing100.0%0-10,000.00275,647,895367,530,527

Risks

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.

Returns

Cumulative Returns on FTEV

Which funds bought or sold FTEV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
-
-
4,000
371,000
0.01%
2022-11-15
NOMURA HOLDINGS INC
REDUCED
-50
-10,172,000
10,402,000
0.04%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
NEW
-
10,688
10,688
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Balyasny Asset Management LLC
UNCHANGED
-
-
3,000
-%
2022-11-15
Sandia Investment Management LP
SOLD OFF
-100
-148,000
-
-%
2022-11-15
SkyView Investment Advisors, LLC
SOLD OFF
-100
-247,000
-
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
0.15
36,000
2,668,000
-%
2022-11-15
JANE STREET GROUP, LLC
UNCHANGED
-
1,000
9,000
-%

1–10 of 50

Latest Funds Activity

Are funds buying FTEV calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FTEV

FinTech Evolution Acquisition Group News

TheStreet

Did You Get Your SPAC Deals on Black Friday?.12 months ago

TheStreet

TheStreet

FTEV Fair Value

Recent SEC filings of FinTech Evolution Acquisition Group

View All Filings
Date Filed Form Type Document
Nov 10, 2022
10-Q
Quarterly Report
Rohit Bhagat
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 ($)
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating costs$ 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 Account1,395,51723,1881,679,68158,491
Change in fair value of warrant liabilities(100,285)3,919,0687,143,3254,378,191
Transaction costs allocable to warrant liabilities(547,945)
Unrealized gain on marketable securities held in Trust Account22,78813,81933,2955,782
Other income, net1,318,0203,956,0758,856,3013,894,519
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)27,410,15827,410,15827,410,15821,009,788
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)6,852,5396,852,5396,852,5396,655,799
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 expenses138,333288,767
Total Current Assets258,687813,784
Long-term prepaid expenses45,833
Cash and marketable securities held in Trust Account275,925,727274,212,751
TOTAL ASSETS276,184,414275,072,368
Current liabilities:  
Accounts payable and accrued expenses2,49834,795
Advances from related party277,984185,457
Total Current Liabilities280,482220,252
Deferred legal fee1,074,028761,882
Deferred underwriting fee payable9,593,5559,593,555
Warrant liabilities1,381,3998,524,724
TOTAL LIABILITIES12,329,46419,100,413
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, 2021275,925,727274,212,751
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, $0.0001 par value; 20,000,000 shares authorized; 6,852,539 shares issued and outstanding at September 30, 2022 and December 31, 2021685685
Additional paid-in capital
Accumulated deficit(12,071,462)(18,241,481)
Total Shareholders’ Deficit(12,070,777)(18,240,796)
TOTAL LIABILITIES, REDEEMABLE ORDINARY SHARES, AND SHAREHOLDERS’ DEFICIT$ 276,184,414$ 275,072,368