Gores Technology Partners II, Inc. Stock Research

GTPB Stock Price

GTPB RSI Chart

GTPB Valuation

GTPB Profitability

EBT Margin

698.43%

Return on Assets

3.39%

GTPB Fundamentals

GTPB Revenue

Revenue (TTM)

2.2M

Revenue Y/Y

26.4K%

Revenue Q/Q

152.88%

GTPB Earnings

Earnings (TTM)

15.7M

Earnings Y/Y

-43.16%

Earnings Q/Q

-11.83%

Price Action

Last 7 days

0.3%

Last 30 days

0.7%

Last 90 days

1.9%

Trailing 12 Months

1.8%

GTPB Financial Health

Current Ratio

0.3

GTPB Investor Care

Financials for Gores Tech Partners II

Income Statement (Last 12 Months)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	229.1%	2,247,688	682,897	78,213	36,871	36,203
EBITDA	-18.3%	15,698,620	19,215,000	437,433	-7,399,030	-7,150,396
EBITDA Margin	-75.2%	6.98	28.14	5.59	-200	-197
Earnings Before Taxes	-18.3%	15,698,620	19,215,000	437,433	-7,399,030	-7,150,396
EBT Margin	-75.2%	6.98	28.14	5.59	-200	-197
Net Income	-18.4%	15,676,247	19,215,000	437,433	-7,399,030	-7,150,396
Net Income Margin	-75.2%	6.97	28.14	5.59	-200	-197
Free Cahsflow	366.4%	1,234,237	-463,240	-2,977,071	-2,398,140	-3,119,390

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Assets	0.2%	462	461	461	461	462
Current Assets	99.5%	1.00	1.00	1.00	1.00	2.00
Cash Equivalents	107113.5%	1.00	934*	0.00	0.00	0.00
Liabilities	-14.6%	21.00	24.00	30.00	37.00	36.00
Current Liabilities	-42.7%	5.00	8.00	14.00	21.00	20.00
Retained Earnings	17.0%	-19.18	-23.12	-28.41	-36.18	-34.14

Cashflow (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Cashflow From Operations	366.4%	1,234	-463	-2,977	-2,398	-3,119
Cashflow From Investing	-58.8%	-952	-599	-78.21	-460,036	-613,369
Cashflow From Financing	0%	550	550	1,472	462,536	616,715

Risks for GTPB

What is the probability of a big loss on GTPB?

Probability that Gores Tech Partners II stock will be more than 20% underwater in next one year

Probability that Gores Tech Partners II stock will be more than 30% underwater in next one year.

Probability that Gores Tech Partners II 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 GTPB drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Gores Tech Partners II was unfortunately bought at previous high price.

Drawdowns

Returns for GTPB

Cumulative Returns on GTPB

Which funds bought or sold GTPB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-01	B. Riley Financial, Inc.	sold off	-100	-322,000	-	-%
2023-02-27	Parallax Volatility Advisers, L.P.	sold off	-100	-561,000	-	-%
2023-02-17	Radcliffe Capital Management, L.P.	sold off	-100	-589,000	-	-%
2023-02-17	Radcliffe Capital Management, L.P.	sold off	-100	-10,564,000	-	-%
2023-02-15	Vestcor Inc	sold off	-100	-6,000	-	-%
2023-02-15	JANE STREET GROUP, LLC	sold off	-100	-9,000	-	-%
2023-02-15	NOMURA HOLDINGS INC	sold off	-100	-2,000	-	-%
2023-02-15	Virtu Financial LLC	sold off	-100	-1,102,000	-	-%
2023-02-15	Myriad Asset Management US LP	sold off	-100	-393,000	-	-%
2023-02-15	Vestcor Inc	sold off	-100	-1,964,000	-	-%

Latest Funds Activity

Are funds buying GTPB calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own GTPB

No. of Funds

Gores Tech Partners II News

Schedule 13G FIlings of Gores Tech Partners II

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	canyon capital advisors llc	0.00%	0	SC 13G/A
Sep 12, 2022	guggenheim capital llc	0%	0	SC 13G/A
Jun 10, 2022	saba capital management, l.p.	6.8%	3,142,495	SC 13G
Feb 14, 2022	guggenheim capital llc	8.70%	4e+06	SC 13G
Feb 14, 2022	canyon capital advisors llc	6.48%	2,982,650	SC 13G
Feb 11, 2022	gores technology partners sponsor ii llc	19.9%	11,425,000	SC 13G

GTPB Fair Value

Recent SEC filings of Gores Tech Partners II

View All Filings

Date Filed	Form Type	Document
Feb 14, 2023	SC 13G/A	Major Ownership Report
Dec 27, 2022	15-12G	15-12G
Dec 16, 2022	8-K	Current Report
Dec 15, 2022	25-NSE	25-NSE

About Gores Tech Partners II

Edward W. Fike; Justin Wilson

N/A

Gores Technology Partners II, Inc., does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was inception in 2020 and is based in Boulder, Colorado.

GTPB Income Statement

2022-09-30

STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Professional fees and other expenses	$ (390,273)	$ (489,102)	$ (1,373,116)	$ (1,765,674)
State franchise taxes, other than income tax	(50,000)	(50,000)	(150,000)	(150,000)
Gain/(loss) from change in fair value of warrant liabilities	3,552,000	8,732,000	17,020,000	(2,960,000)
Allocated expense for warrant issuance cost				(514,275)
Net income/(loss) from operations	3,111,727	8,192,898	15,496,884	(5,389,949)
Other income - interest income	1,570,710	5,919	2,237,969	27,152
Net income/(loss) before income taxes	4,682,437	8,198,817	17,734,853	(5,362,797)
Income tax expense	(22,373)		(22,373)
Net income/(loss) attributable to common shares	$ 4,660,064	$ 8,198,817	$ 17,712,480	$ (5,362,797)
Class A Common Stock
Net income/(loss) per common share:
Common Stock - basic	$ 0.10	$ 0.14	$ 0.32	$ (0.90)
Net income/(loss) per common share:
Common Stock - diluted	0.10	0.14	0.32	(0.90)
Class F Common Stock
Net income/(loss) per common share:
Common Stock - basic	0.02	0.14	0.25	(0.90)
Net income/(loss) per common share:
Common Stock - diluted	$ 0.02	$ 0.14	$ 0.25	$ (0.90)

GTPB Balance Sheet

2022-09-30

BALANCE SHEETS - USD ($)	Sep. 30, 2022	Dec. 31, 2021
CURRENT ASSETS:
Cash and cash equivalents	$ 1,001,374	$ 101,238
Prepaid assets	460,109	1,187,789
Total current assets	1,461,483	1,289,027
Cash, cash equivalents and other investments held in Trust Account	460,979,569	460,036,871
Total assets	462,441,052	461,325,898
Current liabilities:
Accrued expenses, formation and offering costs	907,155	886,854
State franchise tax accrual	30,000	200,000
Income tax payable	22,373
Notes and advances payable - related party	1,475,000	925,000
Total current liabilities	4,802,528	21,399,854
Deferred underwriting compensation	16,100,000	16,100,000
Total liabilities	20,902,528	37,499,854
Commitments and contingencies
Class A Common Stock subject to possible redemption, 46,000,000 and 46,000,000 shares at September 30, 2022 and December 31, 2021, respectively (at redemption value of $10.02 and $10.00 per share, respectively)	460,720,696	460,000,000
Stockholders’ equity (deficit):
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding at September 30, 2022 and December 31, 2021
Accumulated deficit	(19,183,322)	(36,175,106)
Total stockholders’ equity (deficit)	(19,182,172)	(36,173,956)
Total liabilities and stockholders’ equity (deficit)	462,441,052	461,325,898
Class F Common Stock
Stockholders’ equity (deficit):
Common stock value	1,150	1,150
Public Warrants
Current liabilities:
Warrants derivative liability	1,472,000	12,052,000
Private Placement Warrants
Current liabilities:
Warrants derivative liability	$ 896,000	$ 7,336,000