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Cactus Acquisition Corp 1 Limited  (CCTS)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $11.0000 $0.07 0.640%
Day's High: $11 Week Perf: -2.83 %
Day's Low: $ 11.00 30 Day Perf: 0.64 %
Volume (M): 3 52 Wk High: $ 12.52
Volume (M$): $ 37 52 Wk Avg: $10.80
Open: $11.00 52 Wk Low: $10.43



 Market Capitalization (Millions $) 25
 Shares Outstanding (Millions) 2
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 130
 Capital Exp. (TTM) (Millions $) 0

Cactus Acquisition Corp 1 Limited
Cactus Acquisition Corp 1 Limited is a special purpose acquisition company (SPAC) that was formed with the purpose of merging or acquiring one or more businesses. As a SPAC, it raised funds through an initial public offering (IPO) in order to seek potential merger or acquisition targets. Cactus Acquisition Corp 1 Limited's intention is to identify and partner with businesses that have the potential for long-term growth and add value to its shareholders. The company is typically managed by experienced executives or investors who have expertise in a particular industry or sector.


   Company Address: 4B Cedar Brook Drive Cranbury 8512 NJ
   Company Phone Number: 495-2222   Stock Exchange / Ticker: NASDAQ CCTS
   CCTS is expected to report next financial results on March 29, 2024.


   

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Cactus Acquisition Corp 1 Limited

Remarkable Surge: EPS Surges by a Whopping 433.33% at Cactus Acquisition Corp 1 Limited, Closing September 30, 2023

/>In a recent financial span closing on September 30, 2023, Cactus Acquisition Corp 1 Limited delivered impressive net profit growth, with its earnings per share soaring by a remarkable 433.33% compared to the previous year. However, the company's overall financial performance shows a mixed picture, with certain metrics reflecting a decline. This article aims to provide an in-depth analysis of the company's financial results and put them into the context of its recent stock performance.
Profitability Breakdown:
CCTS net profit per share for the said financial span was reported at $0.16, a substantial increase from $0.03 in the previous year. This surge signals the company's ability to generate higher earnings and implies successful strategic decisions and operational efficiency. The profits also grew by 33.33% from the prior quarter, indicating a consistent upward trend.

Cactus Acquisition Corp 1 Ltd

Cactus Acquisition Corp 1 Ltd Achieves Impressive Revenue Growth of $0.7 Million in Q2 2023, Propelling Profitability and Positive Growth Prospects



In the second quarter of 2023, Cactus Acquisition Corp 1 Ltd (CACL) reported impressive financial results, with noticeable improvements compared to the same period last year. The company showcased a revenue of $0.7 million, marking potential growth opportunities. Notably, CACL's bottom-line also significantly improved with a profit of $0.219 million, contrasting the prior year's net deficit of $-0.264 million. These financial indicators, along with notable profit margin improvements, suggest positive growth prospects for CACL.
Positive Revenue Growth:
Cactus Acquisition Corp 1 Ltd reported a revenue of $0.7 million in the second quarter of 2023, showcasing an optimistic development for the company. This increase signals a potential expansion of its business activities and an ability to generate significant revenue streams. It will be interesting to observe whether this growth trajectory is maintained in the upcoming financial reports, scheduled for November 13, 2023.
Bottom-Line Improvement:
CACL's bottom-line, which reflects its net profit or loss, experienced a commendable surge in the second quarter of 2023. After recording a net deficit of $-0.264 million during a similar reporting period a year ago, the company managed to completely turn the tables, registering a bottom-line profit of $0.219 million. This remarkable improvement hints at CACL's successful strategic decision-making, expanding sales, and effective cost management practices.

Cactus Acquisition Corp 1 Ltd

Cactus Acquisition Corp 1 Ltd (CCTS) Soars with Stunning Earnings Surge, But Investors Beware!

Cactus Acquisition Corp 1 Ltd (CCTS) may have posted impressive earnings growth in the fiscal first quarter of 2023, but a closer look at the numbers reveals a somewhat worrisome picture for shareholders.
First and foremost, let's examine the company's net profit per share which skyrocketed by a massive 350% to $0.09 compared to the same reporting season a year ago. While that may sound impressive, it's important to note that the company's net profit per share in the preceding reporting season was $0.00. This suggests that the company's earnings growth is not sustainable, and may be based on one-off or non-recurring factors.






 




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