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Ftac Zeus Acquisition Corp Stock Research

ZING

Delayed
Watchlist

ZING Stock Price

ZING RSI Chart

ZING Valuation

ZING Profitability

EBT Margin

69.26%

Return on Assets

1.17%

ZING Fundamentals

ZING Revenue

Revenue (TTM)

14.7M

Revenue Y/Y

800.59%

Revenue Q/Q

13.21%

ZING Earnings

Earnings (TTM)

8.8M

Earnings Y/Y

854.7%

Earnings Q/Q

16.91%

Price Action

Last 7 days

0.3%

Last 30 days

0.3%

Last 90 days

1.3%

ZING Financial Health

Current Ratio

0.06

ZING Investor Care

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for ZING

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2021-11-23
COHEN DANIEL G
acquired
787,500
10.00
78,750
-
2021-11-23
Gilbert Ryan Mark
acquired
787,500
10.00
78,750
president and ceo
2021-11-23
FTAC ZEUS SPONSOR LLC
acquired
787,500
10.00
78,750
-

1–3 of 3

Which funds bought or sold ZING recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
unchanged
-
112,500
7,815,000
0.20%
2023-09-12
DAVIDSON KEMPNER CAPITAL MANAGEMENT LP
unchanged
-
-3,637
5,813
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-2,000
4,000
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
101,250
7,818,750
0.07%
2023-08-15
GOLDMAN SACHS GROUP INC
added
-
86,953
5,847,620
-%
2023-08-15
Shaolin Capital Management LLC
sold off
-100
-38,000
-
-%
2023-08-15
SkyView Investment Advisors, LLC
unchanged
-
-1,000
2,000
-%
2023-08-15
Cowen Investment Management LLC
added
350
3,297,820
4,222,120
2.52%
2023-08-14
PRELUDE CAPITAL MANAGEMENT, LLC
sold off
-100
-256,750
-
-%
2023-08-14
Balyasny Asset Management L.P.
unchanged
-
-4,857
6,656
-%

1–10 of 47

Latest Funds Activity

Are funds buying ZING calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ZING
No. of Funds

Schedule 13G FIlings of Ftac Zeus Acquisition

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
saba capital management, l.p.
8.5%
3,570,365
SC 13G/A

Recent SEC filings of Ftac Zeus Acquisition

View All Filings
Date Filed Form Type Document
Sep 07, 2023
15-12G
15-12G
Aug 22, 2023
25-NSE
25-NSE
Aug 21, 2023
8-K
Current Report
Aug 10, 2023
10-Q
Quarterly Report
Aug 03, 2023
DEF 14A
DEF 14A
Jul 31, 2023
UPLOAD
UPLOAD
Jul 28, 2023
PRER14A
PRER14A
Jul 28, 2023
CORRESP
CORRESP
Jul 25, 2023
UPLOAD
UPLOAD
Jul 18, 2023
PRE 14A
PRE 14A

Ftac Zeus Acquisition News

Best Stocks
Prelude Capital Management LLC Acquires Stake in FTAC Zeus ....
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7 hours ago

Returns for ZING

Cumulative Returns on ZING

Risks for ZING

What is the probability of a big loss on ZING?

0%


Probability that Ftac Zeus Acquisition stock will be more than 20% underwater in next one year

0%


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

0%


Probability that Ftac Zeus Acquisition 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 ZING drawdown profile look like?

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

Drawdowns

Financials for Ftac Zeus Acquisition

Income Statement (Last 12 Months)
Income Statement (Last 12 Months)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Revenue43.1%14,652,14410,235,8185,888,7983,248,5881,185,548164,560-
Operating Expenses-9.8%2,837,8823,146,6483,319,9463,278,7512,483,8831,590,829807,727
EBITDA-100.0%-7,089,1702,568,8521,413,874-683,724-1,768-1,768
EBITDA Margin-100.0%-0.690.44--1.15-0.01-
Earnings Before Taxes66.7%11,814,2627,089,1702,568,852-838,439-1,887,238-1,545,818-803,856
EBT Margin-100.0%-0.690.44--1.15-0.01-
Net Income76.1%8,782,1174,987,7121,378,408-1,314,398-1,989,322-1,545,818-803,856
Net Income Margin-100.0%-0.490.23--2.00-9.04-
Free Cashflow100.0%--3,828,328-3,776,992-3,154,204-3,055,229-1,553,834-615,300
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Assets0.6%427,502424,927420,996418,834417,889418,211418,890
  Current Assets138.6%2651115671,1901,9302,7693,488
    Cash Equivalents584.8%21331.005571,1291,8332,6973,474
Liabilities-3.0%25,11125,88724,82224,55124,28024,15824,093
  Current Liabilities-41.3%1,1011,87781254127014883.00
Shareholder's Equity-----16,021-15,276-14,484-13,741
  Retained Earnings-2.8%-17,937-17,452-16,663-16,022-15,277-14,486-13,743
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Last 12 Months)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-50.0%-5,744-3,828-3,776-3,385-3,352-3,107-615
Cashflow From Investing206.0%3,3741,10386063271.00--408,537
Cashflow From Financing150.0%750300-445*412,602412,602412,602412,627

ZING Income Statement

2023-06-30
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Formation and operating costs$ 584,730$ 893,496$ 1,195,915$ 1,677,979
Loss from operations(584,730)(893,496)(1,195,915)(1,677,979)
Other income:    
Interest income earned on investments held in trust account4,967,960551,6349,356,120592,774
Total other income, net4,967,960551,6349,356,120592,774
Income (Loss) before provision for income taxes4,383,230(341,862)8,160,205(1,085,205)
Provision for income taxes(1,032,771)(102,084)(1,943,785)(102,084)
Net income (loss)$ 3,350,459$ (443,946)$ 6,216,420$ (1,187,289)
Class A Common Stock    
Other income:    
Basic weighted average shares outstanding, common stock (in Shares)42,028,75042,028,75042,028,75042,028,750
Basic net income (loss) per common stock, common stock (in Dollars per share)$ 0.06$ (0.01)$ 0.11$ (0.02)
Class B Common Stock    
Other income:    
Basic weighted average shares outstanding, common stock (in Shares)14,009,58314,009,58314,009,58314,009,583
Basic net income (loss) per common stock, common stock (in Dollars per share)$ 0.06$ (0.01)$ 0.11$ (0.02)

ZING Balance Sheet

2023-06-30
Condensed Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash$ 213,035$ 557,193
Prepaid expenses52,3769,499
Total Current Assets265,411566,692
Reimbursement receivable6,860,0006,860,000
Investments held in Trust Account420,376,676413,569,723
Total Assets427,502,087420,996,415
Current liabilities  
Accounts payable and accrued expenses299,041236,574
Income taxes payable30,229553,444
Due to related party21,93521,935
Promissory note – related party750,000
Total current liabilities1,101,205811,953
Deferred underwriting fee payable17,150,00017,150,000
Deferred advisory fees6,860,0006,860,000
Total liabilities25,111,20524,821,953
Commitments and Contingencies
Class A common stock subject to possible redemption, $0.0001 par value; 40,250,000 issued and outstanding shares at a redemption value of $10.44 and $10.26 per share as of June 30, 2023 and December 31, 2022, respectively420,326,449412,836,569
Stockholders’ Deficit:  
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of June 30, 2023 and December 31, 2022
Class A common stock, $0.0001 par value; 90,000,000 shares authorized; 1,778,750 shares issued and outstanding (excluding 40,250,000 shares subject to possible redemption) as of June 30, 2023 and December 31, 2022178178
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 14,009,583 shares issued and outstanding as of June 30, 2023 and December 31, 20221,4011,401
Accumulated deficit(17,937,146)(16,663,686)
Total Stockholders’ Deficit(17,935,567)(16,662,107)
Total Liabilities, Common Stock Subject to Possible Redemption and Stockholders’ Deficit$ 427,502,087$ 420,996,415
Ryan M. Gilbert
2
FTAC Zeus Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify technology and financial services technology companies. The company was formerly known as FTAC Hera Acquisition Corp. and changed its name to FTAC Zeus Acquisition Corp. in February 2021. FTAC Zeus Acquisition Corp. was incorporated in 2020 and is based in Philadelphia, Pennsylvania.