KRNL Stock Price, Kernel Group Holdings, . Quote, Chart

Market Summary

USD10.940.00

Market Closed

0.00%

KRNL Stock Price

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KRNL RSI Chart

KRNL Valuation

Market Cap

88.9M

Price/Earnings (Trailing)

-11.79

Price/Sales (Trailing)

741.01

Price/Free Cashflow

-61

KRNL Price/Sales (Trailing)

KRNL Profitability

Return on Equity

91.95%

Return on Assets

-11.12%

Free Cashflow Yield

-1.64%

KRNL Fundamentals

KRNL Revenue

Revenue (TTM)

120.0K

KRNL Earnings

Earnings (TTM)

-7.5M

Earnings Growth (Yr)

-70.64%

Earnings Growth (Qtr)

360.82%

Breaking Down KRNL Revenue

Last 7 days

1.0%

Last 90 days

1.7%

Trailing 12 Months

5.4%

How does KRNL drawdown profile look like?

KRNL Financial Health

Current Ratio

0

KRNL Investor Care

Buy Backs (1Y)

63.42%

Diluted EPS (TTM)

-0.24

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	120.0K	120.0K	120.0K	120.0K
2022	0	0	0	120.0K

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Kernel Group Holdings, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jun 28, 2023	owl creek asset management, l.p.	sold	-891,650	10.49	-85,000	-
Jun 09, 2023	owl creek asset management, l.p.	sold	-1,165,180	10.45	-111,500	-

Which funds bought or sold KRNL recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	GRAHAM CAPITAL WEALTH MANAGEMENT, LLC	sold off	-100	-443,100	-	-%
Apr 23, 2024	DUPONT CAPITAL MANAGEMENT CORP	unchanged	-	2,092	3,675	-%
Apr 23, 2024	Spartan Fund Management Inc.	sold off	-100	-2,416,500	-	-%
Apr 15, 2024	TrueMark Investments, LLC	sold off	-100	-113,006	-	-%
Apr 11, 2024	Tuttle Capital Management, LLC	reduced	-69.04	-376,939	906	0.01%
Mar 27, 2024	NOMURA HOLDINGS INC	unchanged	-	-11,784	26,009	-%
Feb 26, 2024	Virtu Financial LLC	added	3.82	26,000	356,000	0.03%
Feb 15, 2024	Westchester Capital Management, LLC	reduced	-31.47	-1,476,040	3,353,870	0.12%
Feb 15, 2024	JANE STREET GROUP, LLC	reduced	-0.18	-4,309	1,907	-%
Feb 14, 2024	Radcliffe Capital Management, L.P.	added	0.02	50,457	4,116,770	0.55%

Are Funds Buying or Selling KRNL?

Are funds buying KRNL calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own KRNL

No. of Funds

Unveiling Kernel Group Holdings, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 07, 2024	first trust capital management l.p.	0%	0	SC 13G/A
Feb 21, 2024	wolverine asset management llc	30%	1,523	SC 13G/A
Feb 14, 2024	antara capital lp	7.2%	452,224	SC 13G
Feb 14, 2024	first trust capital management l.p.	8.26%	521,933	SC 13G
Feb 14, 2024	glazer capital, llc	3.12%	197,154	SC 13G/A
Feb 14, 2024	fir tree capital management lp	7.27%	459,482	SC 13G/A
Feb 13, 2024	mizuho financial group inc	8.55%	540,110	SC 13G
Feb 12, 2024	lmr partners llp	0%	0	SC 13G
Feb 12, 2024	aristeia capital, l.l.c.	0.00%	0	SC 13G/A
Feb 09, 2024	wolverine asset management llc	7.46%	470,930	SC 13G

Recent SEC filings of Kernel Group Holdings, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	8-K	Current Report
Apr 05, 2024	8-K	Current Report
Mar 12, 2024	10-K	Annual Report
Mar 07, 2024	SC 13G/A	Major Ownership Report
Mar 05, 2024	8-K	Current Report
Feb 21, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G/A	Major Ownership Report

Kernel Group Holdings, Inc. News

Latest updates

Kernel Group Holdings, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)								(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	0%	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00
Operating Expenses	-	-	-	240	919	-	-	184	350
S&GA Expenses	22.9%	711	579	-	-	209	249	184	350
Interest Expenses	-100.0%	-	1.00	2.00	-	-	-	-	-
Net Income	360.8%	862	187	-5,862	-2,728	2,937	2,298	4,297	6,124
Net Income Margin	-37.9%	-62.85*	-45.56*	-27.97*	56.69*	130.47*	-	-	-
Free Cashflow	-32.1%	-348	-263	-9.06	-837	-19.48	-54.29	-126	-111

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	2021Q1	2020Q4
Assets	1.8%	67,848	66,677	79,352	78,837	309,370	306,875	305,672	305,490	305,685	305,891	306,083	306,409	306,627	-
Current Assets	-38.6%	28.00	46.00	201	586	135	272	447	698	919	1,129	1,326	1,655	-	7.00
Cash Equivalents	0%	804*	804*	804*	6.00	93.00	113	167	293	475	568	619	854	-	-
Liabilities	-42.6%	8,330	14,512	13,692	18,000	13,809	14,251	15,346	19,461	25,779	25,745	36,705	48,446	48,658	-
Current Liabilities	-40.0%	7,850	13,073	10,814	4,455	2,968	2,865	2,761	2,798	2,640	926	852	120	157	329
Shareholder's Equity	-Infinity%	-8,201	-	-	-	-13,573	-	-	-	-24,844	-	5,000	5,000	-	2.00
Retained Earnings	42.9%	-8,202	-14,367	-13,391	-17,315	-13,574	-13,880	-14,800	-18,721	-24,845	-24,604	-35,372	-46,788	-46,782	-23.11
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24.00
Shares Outstanding	-	-	-	-	15,066	-	-	-	38,094	-	-	-	-	-	-
Float	-	-	-	80,000	-	-	-	299,300	-	-	-	295,912	-	-	-

Cashflow (Last 12 Months)

(*) 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	-32.1%	-348	-263	-9.06	-837	-19.48	-54.29	-126	-111	-93.09	-50.90	-209	-1,221	-
Cashflow From Investing	-103.4%	-450	13,082	-900	231,943	-	-	-	-	-	-	-	-304,750	-
Cashflow From Financing	106.2%	798	-12,818	904	-231,192	-	-	-	-70.00	-	-	-25.48	306,826	-

KRNL Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
General and administrative expenses	$ 2,449,228	$ 992,819
Administrative fees - related party	120,000	120,000
Loss from operations	(2,569,228)	(1,112,819)
Other income (expense):
Unrealized (loss) gain from change in fair value of warrant liabilities	(305,396)	12,299,146
Income from cash and investments held in Trust Account	2,260,223	4,469,702
Gain on waiver of deferred underwriting commissions by underwriter allocated to Public Warrants	755,346
Unrealized loss on fair value of derivative liabilities - forward purchase agreement	(6,261,728)
Interest expense - amortization of debt discount	(1,415,773)
Interest expense	(4,880)
Total other income (expense), net	(4,972,208)	15,656,029
Net (loss) income	$ (7,541,436)	$ 15,656,029
Common Class A [Member]
Other income (expense):
Basic weighted average shares outstanding, Class B ordinary shares	12,726,377	30,475,000
Diluted weighted average shares outstanding, Class B ordinary shares	12,726,377	30,475,000
Basic net income (loss) per share, Class B ordinary shares	$ (0.37)	$ 0.41
Diluted net income (loss) per share, Class B ordinary shares	$ (0.37)	$ 0.41
Common Class B [Member]
Other income (expense):
Basic weighted average shares outstanding, Class B ordinary shares	7,618,750	7,618,750
Diluted weighted average shares outstanding, Class B ordinary shares	7,618,750	7,618,750
Basic net income (loss) per share, Class B ordinary shares	$ (0.37)	$ 0.41
Diluted net income (loss) per share, Class B ordinary shares	$ (0.37)	$ 0.41

KRNL Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 804	$ 93,095
Prepaid expenses	27,148	42,022
Total current assets	27,952	135,117
Cash and investments held in Trust Account	67,819,662	309,234,766
Total Assets	67,847,614	309,369,883
Current liabilities:
Accounts payable	3,729,095	848,420
Accrued expenses and other current liabilities	50,615	1,949,715
Accrued expenses - related party	290,000	170,000
Promissory note - related party	2,215,368
Convertible promissory notes, net of discount	1,565,113
Total current liabilities	7,850,191	2,968,135
Deferred underwriting commissions		10,666,250
Warrant liabilities	479,750	174,354
Total Liabilities	8,329,941	13,808,739
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, $0.0001 par value; 6,315,949 and 30,475,000 shares issued and outstanding at approximately $10.72 and $10.14 per share redemption value as of December 31, 2023 and December 31, 2022, respectively	67,719,662	309,134,766
Shareholders’ Deficit:
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of December 31, 2023 and December 31, 2022
Additional paid-in capital
Accumulated deficit	(8,202,751)	(13,574,384)
Total Shareholders’ Deficit	(8,201,989)	(13,573,622)
Total Liabilities and Shareholders’ Deficit	67,847,614	309,369,883
Common Class A [Member]
Shareholders’ Deficit:
Ordinary shares
Common Class B [Member]
Shareholders’ Deficit:
Ordinary shares	$ 762	$ 762

About Kernel Group Holdings, Inc.

Kernel Group Holdings, Inc. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to identify, acquire, and manage a business in the commerce enablement, supply chain, logistics and related technology infrastructure sectors. Kernel Group Holdings, Inc. was incorporated in 2020 and is based in New York, New York.

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CEO	Mr. Surendra K. Ajjarapu
WEBSITE	kernelspac.com
INDUSTRY	Shell Companies

Kernel Group Holdings, Inc. Frequently Asked Questions

What is the ticker symbol for Kernel Group Holdings, Inc.? What does KRNL stand for in stocks?

KRNL is the stock ticker symbol of Kernel Group Holdings, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Kernel Group Holdings, Inc. (KRNL)?

As of Tue Apr 23 2024, market cap of Kernel Group Holdings, Inc. is 88.92 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KRNL stock?

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

What is the fair value of KRNL stock?

You can check KRNL's fair value in chart for subscribers. The fair value of Kernel Group Holdings, 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 Kernel Group Holdings, 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 KRNL 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 Kernel Group Holdings, Inc. a good stock to buy?

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

What is Kernel Group Holdings, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, KRNL's PE ratio (Price to Earnings) is -11.79 and Price to Sales (PS) ratio is 741.01. 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. KRNL PE ratio will change depending on the future growth rate expectations of investors.