TLG Acquisition One Corp. Stock Research

TLGA Stock Price

TLGA RSI Chart

TLGA Valuation

Market Cap

409.2M

Price/Earnings (Trailing)

35.23

Price/Sales (Trailing)

169.34

EV/EBITDA

33.96

Price/Free Cashflow

-173

TLGA Price/Sales (Trailing)

TLGA Profitability

EBT Margin

498.40%

Return on Equity

-58.22%

Return on Assets

2.88%

Free Cashflow Yield

-0.58%

TLGA Fundamentals

TLGA Revenue

Revenue (TTM)

6.3M

Revenue Y/Y

1.8K%

Revenue Q/Q

-81.3%

TLGA Earnings

Earnings (TTM)

2.9M

Earnings Y/Y

-117.11%

Earnings Q/Q

-216.58%

Price Action

Last 7 days

-0.1%

Last 30 days

0.9%

Last 90 days

2.9%

Trailing 12 Months

7.4%

TLGA Financial Health

Current Ratio

0.11

TLGA Investor Care

Financials for TLG Acquisition One

* denotes actual numbers (not divided by Thousands)
Income Statement (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	10.2%	6,263	5,684	2,416	615	52.00
S&GA Expenses	30.1%	5,664	4,354	2,831	1,315	4,134
EBITDA	-25.1%	12,043	16,080	13,300	-	-
EBITDA Margin	-81.0%	4.98*	26.17*	253.53*	-	-
Earnings Before Taxes	-64.7%	4,063	11,497	12,043	16,080	13,300
EBT Margin	-81.0%	4.98*	26.17*	253.53*	-	-
Net Income	-72.3%	2,889	10,441	11,616	16,022	13,300
Net Income Margin	-81.6%	4.81*	26.07*	253.53*	-	-
Free Cahsflow	13.9%	-2,365	-2,747	-2,506	-	-

* denotes actual numbers (not divided by Thousands)
Balance Sheet					(In Thousands)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	2.6%	83,159	81,073	402,768	401,383	400,961
Current Assets	33.6%	171	128	655	759	904
Cash Equivalents	-22.0%	15.00	20.00	242	49.00	71.00
Liabilities	13.9%	26,125	22,935	21,214	20,121	22,453
Current Liabilities	31.8%	10,725	8,135	6,214	4,521	4,453
Shareholder's Equity	-13.8%	-24,580	-21,601	-21,492	-	-
Retained Earnings	-13.8%	-24,580	-21,602	-19,953	-18,855	-21,493
Additional Paid-In Capital	-	-	-	-	-	-
Shares Outstanding	-	40,000	-	-	-	-

* denotes actual numbers (not divided by Thousands)
Cashflow (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	30.8%	-1,750	-2,528	-2,365	-2,747	-2,506
Cashflow From Investing	-0.4%	323,331	324,762	320	0.00	0.00
Cashflow From Financing	0.2%	-321,637	-322,262	2,250	2,720	2,320
Buy Backs	-	324,362	-	-	-	-

Risks for TLGA

What is the probability of a big loss on TLGA?

Probability that TLG Acquisition One stock will be more than 20% underwater in next one year

Probability that TLG Acquisition One stock will be more than 30% underwater in next one year.

Probability that TLG Acquisition One 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 TLGA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if TLG Acquisition One was unfortunately bought at previous high price.

Drawdowns

Returns for TLGA

Cumulative Returns on TLGA

Which funds bought or sold TLGA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-23	Toroso Investments, LLC	sold off	-100	-249,000	-	-%
2023-05-19	Anson Funds Management LP	sold off	-100	-1,018,000	-	-%
2023-05-16	Ancora Advisors, LLC	unchanged	-	164	164	-%
2023-05-16	SUSQUEHANNA INTERNATIONAL GROUP, LLP	sold off	-100	-272,172	-	-%
2023-05-16	Sculptor Capital LP	unchanged	-	140,133	6,624,500	0.15%
2023-05-16	CVI Holdings, LLC	unchanged	-	21,253	1,004,680	0.38%
2023-05-16	HGC Investment Management Inc.	sold off	-100	-5,395,000	-	-%
2023-05-16	HGC Investment Management Inc.	sold off	-100	-5,570,000	-	-%
2023-05-15	FIR TREE CAPITAL MANAGEMENT LP	unchanged	-	98,362	4,649,850	0.37%
2023-05-15	Westchester Capital Management, LLC	sold off	-100	-2,480,910	-	-%

Latest Funds Activity

Are funds buying TLGA calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own TLGA

No. of Funds

TLG Acquisition One News

Schedule 13G FIlings of TLG Acquisition One

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 16, 2023	meteora capital, llc	8.9%	708,947	SC 13G
Feb 14, 2023	aqr capital management llc	6.29%	5e+05	SC 13G
Feb 14, 2023	yakira capital management, inc.	0.65%	51,293	SC 13G
Feb 14, 2023	tlg acquisition founder llc	35.4%	4,360,869	SC 13G/A
Feb 09, 2023	owl creek asset management, l.p.	7.6%	6e+05	SC 13G
Jan 12, 2023	sculptor capital lp	8.01%	636,971	SC 13G

TLGA Fair Value

Show Fair-Value

Recent SEC filings of TLG Acquisition One

View All Filings

Date Filed	Form Type	Document
May 15, 2023	10-Q	Quarterly Report
Apr 27, 2023	425	Prospectus Filed
Mar 27, 2023	8-K	Current Report
Mar 27, 2023	425	Prospectus Filed
Mar 24, 2023	S-4/A	Mergers and Acquisition
Mar 23, 2023	8-K	Current Report
Mar 23, 2023	425	Prospectus Filed
Mar 22, 2023	425	Prospectus Filed
Mar 20, 2023	10-K	Annual Report
Mar 16, 2023	425	Prospectus Filed

About TLG Acquisition One

John Michael Lawrie

www.tlgacquisitions.com

TLG Acquisition One Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in West Palm Beach, Florida.

TLGA Income Statement

2023-03-31

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
General and administrative expenses	$ 1,384,702	$ 74,233
General and administrative expenses—related party	21,000	20,500
Franchise tax expenses	50,000	88,844
Loss from operations	(1,455,702)	(183,577)
Change in fair value of working capital loan - related party	457,919	0
Change in fair value of derivative warrant liabilities	(600,000)	6,600,000
Income from cash and investments held in Trust Account	612,374	32,647
Net (loss) income before income taxes	(985,409)	6,449,070
Income tax expense	(118,099)
Net (loss) income	$ (1,103,508)	$ 6,449,070
Common Class A [Member]
Weighted average shares outstanding, Basic	7,948,405	40,000,000
Weighted average shares outstanding, Diluted	7,948,405	40,000,000
Basic net (loss) income per share	$ (0.08)	$ 0.13
Diluted net (loss) income per share	$ (0.08)	$ 0.13
Common Class F [Member]
Weighted average shares outstanding, Basic	6,611,111	10,000,000
Weighted average shares outstanding, Diluted	6,611,111	10,000,000
Basic net (loss) income per share	$ (0.08)	$ 0.13
Diluted net (loss) income per share	$ (0.08)	$ 0.13

TLGA Balance Sheet

2023-03-31

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 15,406	$ 19,750
Prepaid expenses	155,465	108,156
Total current assets	170,871	127,906
Cash and investments held in Trust Account	82,988,329	80,945,242
Total Assets	83,159,200	81,073,148
Current liabilities:
Accounts payable	229,642	276,917
Accrued expenses	5,373,916	4,472,261
Working Capital Loan - related party	3,897,451	2,330,370
Income tax payable	1,173,779	1,055,680
Franchise tax payable	50,050	50
Total current liabilities	10,724,838	8,135,278
Derivative warrant liabilities	1,400,000	800,000
Deferred underwriting commissions	14,000,000	14,000,000
Total Liabilities	26,124,838	22,935,278
Commitments and Contingencies
Class A common stock subject to possible redemption, $0.0001 par value; 7,948,405 shares at redemption value of approximately $10.27 and $10.03 per share as of March 31, 2023 and December 31, 2022, respectively	81,614,773	79,739,786
Stockholders' Deficit:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding as of March 31, 2023 and December 31, 2022
Additional paid-in capital
Accumulated deficit	(24,580,911)	(21,602,916)
Total stockholders' deficit	(24,580,411)	(21,601,916)
Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders' Deficit	83,159,200	81,073,148
Common Class A [Member]
Current liabilities:
Class A common stock subject to possible redemption, $0.0001 par value; 7,948,405 shares at redemption value of approximately $10.27 and $10.03 per share as of March 31, 2023 and December 31, 2022, respectively	81,614,773	79,739,786
Stockholders' Deficit:
Common stock value	0	0
Common Class F [Member]
Stockholders' Deficit:
Common stock value	$ 500	$ 1,000