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Arrowroot Acquisition Corp   (NASDAQ: ARRWU)
Other Ticker:  
 
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 
Price: $17.0000 $6.24 57.993%
Day's High: $17.88 Week Perf: 29.77 %
Day's Low: $ 11.11 30 Day Perf: 46.68 %
Volume (M): 7 52 Wk High: $ 0.00
Volume (M$): $ 117 52 Wk Avg: $0.00
Open: $11.11 52 Wk Low: $0.00



 Market Capitalization (Millions $) 1,693
 Shares Outstanding (Millions) 100
 Employees -
 Revenues (TTM) (Millions $) 136
 Net Income (TTM) (Millions $) -323
 Cash Flow (TTM) (Millions $) 33
 Capital Exp. (TTM) (Millions $) 0

Arrowroot Acquisition Corp
Arrowroot Acquisition Corp is a blank check company that operates as a special purpose acquisition company (SPAC). It was formed with the purpose of acquiring one or more businesses or assets through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company raised funds from its initial public offering (IPO) to fund these acquisitions. Arrowroot Acquisition Corp is led by a team of experienced professionals who will identify and evaluate potential target businesses in various sectors.


   Company Address: 4553 Glencoe Ave Marina Del Rey 90292 CA
   Company Phone Number: 566-5966   Stock Exchange / Ticker: NASDAQ ARRWU


   

Stock Performances by Major Competitors

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Arrowroot Acquisition Corp

Breaking News: Leading Software & Programming Company Reveals Surprising Operating Deficit in Q3 2023

Arrowroot Acquisition Corp (ARRWU) announced its financial results for the July to September 30, 2023, period, and investors were surprised by some changes. While shareholders had not expected any significant changes to the company's top-line earnings during this cycle, they did notice a decline in operating deficit from the previous year, leading to speculation about the company's revenue and future prospects.
During the July to September 30, 2023 span, Arrowroot Acquisition Corp reported an operating deficit of $-1.638429 million. This is a significant contraction from the third quarter of 2022, where the operating deficit stood at $-0.355529 million. The decrease in operating deficit is seen as a positive sign for the company's financial health and indicates that the company has made progress in reducing its expenses and improving its profitability.
Arrowroot Acquisition Corp

Arrowroot Acquisition Corp Reports Surprising Q2 2023 Financial Results: What's Really Behind the Blank Checks Company's Operating Shortfall?

Arrowroot Acquisition Corp is a lesser-known entity in the Blank Checks sector that has recently announced its operating shortfall for the second quarter of 2023. The shortfall amounted to $-1.384256 million, indicating some challenges the company is facing in its financial performance.
To better understand the significance of this outcome, it is important to compare it with the previous year's results. In the second quarter of 2022, Arrowroot Acquisition Corp recorded an operating shortfall of $-0.332572 million, which suggests a significant increase in financial difficulties over the past year.






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