CSIMarket
 
Edoc Acquisition Corp   (ADOC)
Other Ticker:  
 
 
Price: $2.8500 $-5.17 -64.464%
Day's High: $8.61 Week Perf: -65.87 %
Day's Low: $ 2.50 30 Day Perf: -76.01 %
Volume (M): 590 52 Wk High: $ 11.96
Volume (M$): $ 1,681 52 Wk Avg: $10.20
Open: $8.45 52 Wk Low: $2.50



 Market Capitalization (Millions $) 2
 Shares Outstanding (Millions) 1
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Edoc Acquisition Corp
Edoc Acquisition Corp is a special purpose acquisition company (SPAC) based in the United States. It focuses on acquiring and merging with companies in the healthcare sector. The company's goal is to identify and partner with businesses that show potential for growth and innovation in the healthcare industry. Through its strategic acquisitions, Edoc aims to bring value and opportunities to its shareholders while making a positive impact on the healthcare ecosystem.


   Company Address: 7612 Main Street Fishers Victor 14564 NY
   Company Phone Number: 678-1198   Stock Exchange / Ticker: NASDAQ ADOC


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Announcement

EDOC Acquisition Corp. Delays Shareholders' Meeting on Merger Proposal with Australian Oilseeds Holdings

Published Fri, Feb 23 2024 10:45 PM UTC

EDOC Acquisition Corp. Postpones Special Meeting of Shareholders on Proposed Business CombinationIn a recent announcement, EDOC Acquisition Corp. (Nasdaq: ADOC) (EDOC) has revealed the postponement of its extraordinary general meeting of shareholders, which was initially scheduled for February 26, 2024. The meeting has now been rescheduled to take place on Wednesday, Februar...

Edoc Acquisition Corp

Edoc Acquisition Corp Faces Financial Turmoil: Major Losses, Stagnant Revenue and Hurdles Ahead

Edoc Acquisition Corp is experiencing a period of financial instability, as evidenced by its recent fiscal report. The company's losses have significantly increased, with losses per share recorded at -$0.07 compared to $0.00 in the previous year. However, there is a slight improvement in income per share, which increased from -$0.08 in the preceding reporting season.
Unfortunately, the revenue for Edoc Acquisition Corp remains unchanged at $0.00 million, with no growth compared to the previous year's $0.10 million. Sequentially, there was a slight decline from $0.09 million. This stagnant revenue is a cause for concern, as it indicates a lack of growth and potential challenges for the company moving forward.

Edoc Acquisition Corp

Edoc Acquisition Corp Reports Impressive Revenue Growth of 179.709% During Second Quarter of 2023 Earnings Season



Over the past week, Edoc Acquisition Corp (EAC) shares have experienced a decline, contributing to a year-to-date performance of 9.33%. Additionally, EAC's shares are currently 3.4% below their 52-week high. These figures raise questions about how the company's recent financial results will impact its future prospects.
Positive Revenue Growth:
During the second quarter of the 2023 earnings season, EAC announced an impressive revenue elevation of 179.709%. This surge amounted to $0.09 million, a substantial improvement compared to the preceding period. This revenue growth is commendable, especially considering that many peers in the Agricultural Production industry experienced business reductions.

Edoc Acquisition Corp

Edoc Acquisition Corp Showcases Impressive Financial Performance, Reduces Net Shortfall by 91% in Q1 2023

Edoc Acquisition Corp, a healthcare company, recently reported its financial results for the period January to March 31, 2023. During this time, the company reached a net shortfall of $-0.431 million, which is a significant improvement from the deficit of $-4.564 million that was reported in the same period a year ago. In terms of earnings per share (EPS), ADOC reached $0.00 per share, which is the same as the previous year. However, there was a sequential decline of -17.062% from the preceding reporting period, where the EPS was $0.00 per share.
Edoc Acquisition Corp also saw a sharp increase in revenue for the period January to March 31, 2023, as compared to the same period a year ago. The revenue grew to $0.15 million from $0.00 million, which is indicative of the company's progress in generating new business. However, the sequential revenue fell by -17.062% from $0.18 million, indicating that the company still has some work to do in terms of maintaining consistent revenue.
The company's cumulative net loss for the 12 months ending in the first quarter of 2023 was $-4 million. This resulted in a negative return on investment (ROI) of -22.48%. Within the healthcare sector, there were 274 other companies that had a higher ROI than Edoc Acquisition Corp. This suggests that the company has some room for improvement in terms of its profitability.










Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com