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Apollo Strategic Growth Capital Ii  (APGB)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.5800 $0.00 0.000%
Day's High: $10.59 Week Perf: 0.00
Day's Low: $ 10.58 30 Day Perf: 0.00
Volume (M): 2 52 Wk High: $ 10.81
Volume (M$): $ 23 52 Wk Avg: $10.38
Open: $10.59 52 Wk Low: $10.12



 Market Capitalization (Millions $) 358
 Shares Outstanding (Millions) 34
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 18
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Apollo Strategic Growth Capital Ii
Apollo Strategic Growth Capital II is a private equity fund managed by Apollo Global Management. It focuses on investments in technology, media, and telecommunications sectors. The fund aims to provide growth capital and strategic support to companies in these industries, helping them scale their businesses and achieve their long-term goals. Apollo Strategic Growth Capital II seeks to leverage its expertise and network to identify attractive investment opportunities and create value for its investors.


   Company Address: 9 West 57th Street, 42nd Floor New York 10019 NY
   Company Phone Number: 515-3200   Stock Exchange / Ticker: NYSE APGB
   APGB is expected to report next financial results on March 29, 2024.


   

Stock Performances by Major Competitors

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Apollo Strategic Growth Capital Ii

Apollo Strategic Growth Capital II Emerges Victorious in the Blank Checks Sector



After the bellwethers in the Blank Checks sector reported their earnings, Apollo Strategic Growth Capital II (APGB) announced its operating shortfall for the third quarter of 2023. The results show a positive trend compared to the same period in 2022, indicating the company's efforts to enhance revenue streams and compete cost-effectively.
Financial Performance:
In the third quarter of 2023, APGB reported an operating shortfall of $-0.375636 million, which is an improvement compared to the shortfall of $-0.40478 million in the third quarter of 2022. This signifies a positive performance for Apollo Strategic Growth Capital II, highlighting their ability to manage costs efficiently as they advance towards their goals.

Apollo Strategic Growth Capital Ii

As Apollo Strategic Growth Capital II Takes Center Stage, APGB Unveils Impressive Second Quarter 2023 Performance among Other Corporations



Apollo Strategic Growth Capital II (ticker: APGB) has experienced a marginal increase of 0.1% in its stock price over the past 5 trading days. This brings the year-to-date performance to a commendable 3.39%. However, recent financial results have cast a shadow of uncertainty over the future prospects of the company. Despite reaching its 52-week high, the worrying operating loss and declining net income present potential challenges for Apollo Strategic Growth Capital II going forward.
Operating Loss and Revenue Adjustment:
During the April to June 30, 2023, reporting cycle, Apollo Strategic Growth Capital II reported an operating loss of $-1.368982 million. This unexpected loss is causing concern among investors, who originally did not anticipate any revenue adjustments during this period. The lack of revenue declaration adds to the uncertainty, although the company's previous operating loss of $-1.20052 million in the second quarter of 2022 provides some context for comparison.

Apollo Strategic Growth Capital Ii

Apollo Strategic Growth Capital II Reports Encouraging Progress with Operating Losses in Fiscal Q1 2023

The Blank Checks industry has been closely watched by investors in recent years, as these specialized investment firms have been at the forefront of mergers and acquisitions in a variety of industries. Typically, these companies raise funds through an initial public offering (IPO), with the goal of merging with an existing private company and taking it public.
The biggest names in the Blank Checks industry have been closely scrutinized, with investors eager to see how their operations are faring. However, some lesser-known entities are also making headlines with their financial results.






 




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