RENE - Cartesian Growth Corporation II Stock Price, Fair Value and News

11.20USD0.00 (0.00%)Market Closed

Market Summary

USD11.200.00

Market Closed

0.00%

RENE Stock Price

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RENE RSI Chart

RENE Valuation

Market Cap

63.8M

Price/Earnings (Trailing)

5.57

Price/Free Cashflow

-69.11

RENE Price/Earnings (Trailing)

RENE Profitability

Return on Equity

-61.71%

Return on Assets

6.55%

Free Cashflow Yield

-1.45%

RENE Fundamentals

RENE Earnings

Earnings (TTM)

11.4M

Earnings Growth (Yr)

476.78%

Earnings Growth (Qtr)

14.88%

Breaking Down RENE Revenue

Last 7 days

0.2%

Last 30 days

0.7%

Last 90 days

1.6%

How does RENE drawdown profile look like?

RENE Financial Health

Current Ratio

0.22

RENE Investor Care

Diluted EPS (TTM)

0.41

Which funds bought or sold RENE recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Spartan Fund Management Inc.	sold off	-100	-24,231	-	-%
Apr 23, 2024	Spartan Fund Management Inc.	sold off	-100	-1,296,730	-	-%
Apr 18, 2024	Wealthspring Capital LLC	reduced	-3.17	-73,430	4,112,770	4.86%
Apr 18, 2024	Wealthspring Capital LLC	reduced	-7.57	-508	1,408	-%
Mar 27, 2024	NOMURA HOLDINGS INC	reduced	-72.73	-7,679,220	2,909,280	0.01%
Mar 27, 2024	NOMURA HOLDINGS INC	unchanged	-	-2,560	17,960	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-441,000	-	-%
Feb 20, 2024	Quarry LP	new	-	3,041,630	3,041,630	0.47%
Feb 16, 2024	Context Capital Management, LLC	sold off	-100	-1,086,000	-	-%
Feb 16, 2024	Context Capital Management, LLC	unchanged	-	8,989,000	9,000,000	-%

Are Funds Buying or Selling RENE?

Are funds buying RENE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RENE

No. of Funds

Unveiling Cartesian Growth Corporation II'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.	0.00%	0	SC 13G/A
Feb 14, 2024	first trust capital management l.p.	5.22%	1,501,481	SC 13G
Feb 14, 2024	calamos investment trust/il	5.2%	5	SC 13G
Feb 12, 2024	cantor fitzgerald securities	0.0%	0	SC 13G/A
Feb 08, 2024	wealthspring capital llc	6.1%	1,766,630	SC 13G
Jan 19, 2024	highbridge capital management llc	0%	0	SC 13G/A

Recent SEC filings of Cartesian Growth Corporation II

View All Filings

Date Filed	Form Type	Document
Apr 10, 2024	8-K	Current Report
Mar 20, 2024	10-K	Annual Report
Mar 07, 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	Major Ownership Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 12, 2024	SC 13G/A	Major Ownership Report
Feb 08, 2024	SC 13G	Major Ownership Report
Feb 05, 2024	8-K	Current Report

Peers (Alternatives to Cartesian Growth Corporation II)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
SMALL-CAP
FHLT	73.0M	-	14.10%	8.64%	-1.5K	-	-	-180.97%
GLLI	66.5M	-	1.47%	-	50.37	-	-	488.79%
ASPA	46.7M	1.5M	0.09%	169.15%	-28.29	31.99	-42.22%	44.16%
ADRT	37.9M	2.6M	-9.16%	-	45.45	14.64	53.92%	749.98%
AVHI	33.6M	1.4M	0.46%	6.92%	-13.05	23.58	4.96%	-258.60%

Cartesian Growth Corporation II News

Latest updates

Cartesian Growth Corporation II Earnings Report: Key Takeaways & Analysis

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
Assets	-29.8%	174,582	248,752	245,856	243,335	240,596	239,025	238,234	-	-
Current Assets	309.6%	330	81.00	382	687	850	1,042	1,199	-	-
Cash Equivalents	88.8%	51.00	27.00	218	422	544	661	814	-	-
Liabilities	6.3%	18,870	17,748	16,718	17,916	18,889	16,748	21,841	-	-
Current Liabilities	601.8%	1,531	218	301	295	219	237	229	546	442
Shareholder's Equity	-Infinity%	-18,539	-	-	-	-18,038	-	-	21.00	21.00
Retained Earnings	-4.9%	-18,540	-17,667	-16,336	-17,230	-18,038	-15,675	-20,521	-3.73	-3.73
Additional Paid-In Capital	-	-	-	-	-	-	-	-	24.00	24.00
Shares Outstanding	-	-	-	5,750	5,750	5,484	5,394	5,420	5,000	5,750
Float	-	-	-	245,400	-	-	-	230,500	-	-

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	2021Q4
Cashflow From Operations	-149.7%	-476	-190	-134	-121	-111	-153	-577	-
Cashflow From Investing	-	-	-	-	-	-	-	-236,900	-
Cashflow From Financing	-Infinity%	-76,636	-	-70.00	-	-5.00	-320*	238,292	-

RENE Income Statement

2023-12-31

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Operating and formation costs	$ 2,032,433	$ 685,056
Loss from operations	(2,032,433)	(685,056)
Other income:
Change in fair value of warrant liabilities	1,664,373	1,706,572
Change in fair value of convertible promissory note - related party	166,247	1,257,068
Transaction costs allocated to warrant liabilities		(195,984)
Interest earned on cash and marketable securities held in Trust Account	11,642,853	2,845,907
Other income, net	13,473,473	5,613,563
Net income	$ 11,441,040	$ 4,928,507
Class A ordinary shares subject to possible redemption
Other income:
Basic weighted average shares outstanding (in shares)	21,964,766	14,871,233
Diluted weighted average shares outstanding (in shares)	21,964,766	14,871,233
Basic net income per share (in dollars per share)	$ 0.41	$ 0.24
Diluted net income per share (in dollars per share)	$ 0.41	$ 0.24
Non-redeemable Class A and Class B ordinary shares
Other income:
Basic weighted average shares outstanding (in shares)	5,750,000	5,484,203
Diluted weighted average shares outstanding (in shares)	5,750,000	5,750,000
Basic net income per share (in dollars per share)	$ 0.41	$ 0.24
Diluted net income per share (in dollars per share)	$ 0.41	$ 0.24

RENE Balance Sheet

2023-12-31

BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash	$ 50,932	$ 543,667
Prepaid expenses	279,102	306,733
Total Current assets	330,034	850,400
Cash and marketable securities held in Trust Account	174,252,198	239,745,907
TOTAL ASSETS	174,582,232	240,596,307
Current liabilities
Accrued expenses	1,230,978	148,911
Promissory note	300,000
Accrued offering costs		70,000
Total Current liabilities	1,530,978	218,911
Warrant liabilities	2,162,323	3,826,696
Convertible promissory note - related party, at fair value	$ 3,676,685	3,342,932
Notes Payable, Noncurrent, Related Party, Type [Extensible Enumeration]	us-gaap:RelatedPartyMember
Deferred underwriting fee	$ 11,500,000	11,500,000
TOTAL LIABILITIES	18,869,986	18,888,539
COMMITMENTS AND CONTINGENCIES (Note 6)
SHAREHOLDERS' DEFICIT
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Accumulated deficit	(18,540,527)	(18,038,714)
TOTAL SHAREHOLDERS' DEFICIT	(18,539,952)	(18,038,139)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	174,582,232	240,596,307
Class A ordinary shares subject to possible redemption
Current liabilities
Class A ordinary shares subject to possible redemption; 15,870,561 and 23,000,000 shares at redemption value of $10.98 and $10.42 per share as of December 31, 2023 and 2022, respectively	174,252,198	239,745,907
Class A ordinary shares not subject to possible redemption
SHAREHOLDERS' DEFICIT
Ordinary shares	$ 575
Class B ordinary shares
SHAREHOLDERS' DEFICIT
Ordinary shares		$ 575

About Cartesian Growth Corporation II

Cartesian Growth Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. Cartesian Growth Corporation II was incorporated in 2021 and is based in New York, New York.

CEO	Dr. Peter Michael Yu Ph.D.
WEBSITE	cartesiangrowth.com/cgc2
INDUSTRY	Shell Companies

Cartesian Growth Corporation II Frequently Asked Questions

What is the ticker symbol for Cartesian Growth Corporation II? What does RENE stand for in stocks?

RENE is the stock ticker symbol of Cartesian Growth Corporation II. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cartesian Growth Corporation II (RENE)?

As of Fri Apr 26 2024, market cap of Cartesian Growth Corporation II is 63.77 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RENE stock?

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

What is the fair value of RENE stock?

You can check RENE's fair value in chart for subscribers. The fair value of Cartesian Growth Corporation II 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 Cartesian Growth Corporation II 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 RENE 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 Cartesian Growth Corporation II a good stock to buy?

The fair value guage provides a quick view whether RENE is over valued or under valued. Whether Cartesian Growth Corporation II is cheap or expensive depends on the assumptions which impact Cartesian Growth Corporation II's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RENE.