TBCP - Thunder Bridge Capital Partners III Stock Price, Fair Value and News

10.21USD Market Closed

Market Summary

USD10.21

Market Closed

TBCP Stock Price

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TBCP RSI Chart

TBCP Valuation

Market Cap

122.2M

Price/Earnings (Trailing)

96.9

Price/Sales (Trailing)

11.64

Price/Free Cashflow

-63.4

TBCP Price/Sales (Trailing)

TBCP Profitability

Return on Equity

111.1K%

Return on Assets

19.72%

Free Cashflow Yield

-1.58%

TBCP Fundamentals

TBCP Revenue

Revenue (TTM)

10.5M

TBCP Earnings

Earnings (TTM)

1.3M

Earnings Growth (Yr)

-88.95%

Earnings Growth (Qtr)

304.54%

Breaking Down TBCP Revenue

Last 30 days

-0.5%

Last 90 days

-1.2%

Trailing 12 Months

1.6%

How does TBCP drawdown profile look like?

TBCP Financial Health

Current Ratio

0.04

TBCP Investor Care

Buy Backs (1Y)

71.78%

Diluted EPS (TTM)

0.26

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2022	0	0	0	10.5M
2021	0	0	0	0

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Tracking the Latest Insider Buys and Sells of Thunder Bridge Capital Partners III

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Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Aug 07, 2023	simanson gary a	acquired	-	-	10,350,000	president and ceo

Which funds bought or sold TBCP recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 27, 2024	NOMURA HOLDINGS INC	sold off	-100	-2,375	-	-%
Mar 21, 2024	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	sold off	-100	-8,750	-	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-2,214	-	-%
Feb 15, 2024	Toroso Investments, LLC	sold off	-100	-414,161	-	-%
Feb 15, 2024	Westchester Capital Management, LLC	sold off	-100	-9,243	-	-%
Feb 15, 2024	GTS SECURITIES LLC	sold off	-100	-3,059	-	-%
Feb 14, 2024	D. E. Shaw & Co., Inc.	sold off	-100	-5,804	-	-%
Feb 14, 2024	CANTOR FITZGERALD, L. P.	sold off	-100	-3,367	-	-%
Feb 14, 2024	FARALLON CAPITAL MANAGEMENT LLC	sold off	-100	-10,500	-	-%
Feb 14, 2024	Sculptor Capital LP	sold off	-100	-364,360	-	-%

Are Funds Buying or Selling TBCP?

Are funds buying TBCP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TBCP

No. of Funds

Unveiling Thunder Bridge Capital Partners III's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Aug 14, 2023	tbcp iii, llc	94.9%	11,353,000	SC 13D/A
Feb 14, 2023	glazer capital, llc	0.0%	0	SC 13G/A
Feb 13, 2023	tbcp iii, llc	91.2%	11,353,000	SC 13D/A
Feb 10, 2023	aristeia capital llc	0%	0	SC 13G/A
Feb 06, 2023	weiss asset management lp	0.00%	0	SC 13G/A
Feb 14, 2022	aristeia capital llc	5.21%	2,211,300	SC 13G
Feb 14, 2022	glazer capital, llc	6.11%	2,528,762	SC 13G
Feb 04, 2022	weiss asset management lp	7.02%	2,974,907	SC 13G

Thunder Bridge Capital Partners III News

Latest updates

Thunder Bridge Capital Partners III 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	2022Q4	2022Q2	2022Q1	2021Q4
Revenue	-100.0%	-	2,749	2,466	-
Operating Expenses	114.4%	690	322	290	437
Net Income	-40.8%	1,627	2,749	2,466	-1,101
Net Income Margin	-	0.89*	-	-	-
Free Cashflow	19.4%	-291	-361	-187	854

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet												(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	-43.3%	6,393	11,277	12,356	214,393	416,429	414,602	414,433	414,631	414,852	415,035	415,211	-
Current Assets	30.7%	86.00	66.00	406	210	157	157	359	595	825	1,019	1,206	25.00
Cash Equivalents	1001.0%	30.00	3.00	318	180	67.00	7.00	149	336	459	537	774	25.00
Liabilities	-0.8%	16,653	16,780	17,726	17,257	15,787	16,504	19,084	21,749	20,868	25,958	22,984	-
Current Liabilities	-5.6%	2,163	2,290	3,236	2,767	1,297	2,014	4,594	7,259	6,378	11,468	8,494	149
Shareholder's Equity	9.7%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	24.00
Retained Earnings	0.8%	-16,567	-16,700	-16,505	-15,937	-15,631	-16,348	-18,726	-21,155	-20,043	-24,940	-21,778	-29.37
Shares Outstanding	9.7%	11,353	10,350	10,350	10,350	10,350	10,350	10,350	10,350	-	-	-	10,350

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)														(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Cashflow From Operations	89.2%	-146	-1,365	-122	-291	-160	-361	-187	854	-78.25	-230	-579	-	-5.00	-
Cashflow From Investing	501.8%	4,999	831	387	-	-	-	-	-	-	-	-414,000	-	-	-
Cashflow From Financing	-2301.3%	-4,824	219	-125	-407,017	220	-	-	-976	-	-5.56	415,329	-	30.00	-

TBCP Income Statement

2023-09-30

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Formation costs and other operating expenses	$ 235,945	$ 215,357	$ 657,639	$ 827,471
Loss from operations	(235,945)	(215,357)	(657,639)	(827,471)
Other income:
Interest income	95,140	1,827,208	260,605	2,389,901
Change in fair value of warrant liability	426,360	932,205	84,860	6,196,840
(Loss) income before income taxes	285,555	2,544,056	(312,174)	7,759,270
Income tax expense	4,484		54,727
Net (loss) income	$ 281,071	$ 2,544,056	$ (366,901)	$ 7,759,270
Class A Redeemable Common Stock
Other income:
Weighted average shares outstanding common stock (in Shares)	806,848	41,400,000	999,711	41,400,000
Basic net income (loss) per share (in Dollars per share)	$ 0.2	$ 0.06	$ 0.21	$ 0.16
Class A and Class B Non- Redeemable Common Stock
Other income:
Weighted average shares outstanding common stock (in Shares)	11,353,000	11,353,000	11,353,000	11,353,000
Basic net income (loss) per share (in Dollars per share)	$ 0.01	$ 0.01	$ (0.05)	$ 0.1

TBCP Balance Sheet

2023-09-30

Condensed Balance Sheets - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash	$ 30,377	$ 180,109
Prepaid expenses	40,142	30,013
Prepaid income taxes	15,273
Total current assets	85,792	210,122
Other assets:
Cash and marketable securities held in Trust Account	6,306,990	12,263,483
Total assets	6,392,782	12,473,605
Current liabilities:
Accounts payable and accrued expenses	713,678	500,117
Income taxes payable		1,111,143
Excise taxes payable	49,880
Warrant liability	596,080	680,940
Total current liabilities	2,162,638	2,767,200
Deferred underwriting fee payable	14,490,000	14,490,000
Total liabilities	16,652,638	17,257,200
Commitments
Shares subject to possible redemption, 611,157 and 1,097,741, at September 30, 2023 and December 31, 2022, respectively, at redemption value	6,306,990	11,152,340
Stockholders’ Equity (Deficit):
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none outstanding
Additional paid in capital
Accumulated deficit	(16,567,981)	(15,937,070)
Total stockholders’ equity (deficit)	(16,566,846)	(15,935,935)
Total liabilities and stockholders’ equity (deficit)	6,392,782	12,473,605
Class A Common Stock
Stockholders’ Equity (Deficit):
Common stock	1,135	100
Class B Common Stock
Stockholders’ Equity (Deficit):
Common stock		1,035
Related Party
Current liabilities:
Promissory Note payable - related party, at fair value	$ 803,000	$ 475,000

About Thunder Bridge Capital Partners III

Thunder Bridge Capital Partners III Inc. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. Thunder Bridge Capital Partners III Inc. was incorporated in 2020 and is based in Great Falls, Virginia.

CEO	Mr. Gary A. Simanson
INDUSTRY	Shell Companies

Thunder Bridge Capital Partners III Frequently Asked Questions

What is the ticker symbol for Thunder Bridge Capital Partners III? What does TBCP stand for in stocks?

TBCP is the stock ticker symbol of Thunder Bridge Capital Partners III. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Thunder Bridge Capital Partners III (TBCP)?

As of Wed Dec 20 2023, market cap of Thunder Bridge Capital Partners III is 122.15 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TBCP stock?

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

What is the fair value of TBCP stock?

You can check TBCP's fair value in chart for subscribers. The fair value of Thunder Bridge Capital Partners III 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 Thunder Bridge Capital Partners III 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 TBCP 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 Thunder Bridge Capital Partners III a good stock to buy?

The fair value guage provides a quick view whether TBCP is over valued or under valued. Whether Thunder Bridge Capital Partners III is cheap or expensive depends on the assumptions which impact Thunder Bridge Capital Partners III's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TBCP.

What is Thunder Bridge Capital Partners III's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Dec 20 2023, TBCP's PE ratio (Price to Earnings) is 96.9 and Price to Sales (PS) ratio is 11.64. 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. TBCP PE ratio will change depending on the future growth rate expectations of investors.