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Ftac Emerald Acquisition Corp  (NASDAQ: EMLD)
Other Ticker:  
 
 
Price: $10.9600 $0.01 0.124%
Day's High: $10.99 Week Perf: -0.27 %
Day's Low: $ 10.94 30 Day Perf: 1.76 %
Volume (M): 20 52 Wk High: $ 11.39
Volume (M$): $ 217 52 Wk Avg: $10.64
Open: $10.99 52 Wk Low: $10.41



 Market Capitalization (Millions $) 157
 Shares Outstanding (Millions) 14
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Ftac Emerald Acquisition Corp
Ftac Emerald Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of acquiring or merging with one or more businesses or entities. It is sponsored by an affiliate of FinTech Acquisition Corp. III. The company focuses on identifying and completing a business combination within the financial technology (fintech) industry. As a SPAC, Ftac Emerald Acquisition Corp raises funds through an initial public offering (IPO) and uses these funds to acquire a target company. The company is listed on the NYSE under the ticker symbol FTAC.


   Company Address: 2929 Arch Street Philadelphia 19104 PA
   Company Phone Number: 701-9555   Stock Exchange / Ticker: NASDAQ EMLD


   

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Ftac Emerald Acquisition Corp

Elevated Profits Soar by a Whopping 300% in the Financial Q3 of 2023 for FTAC Emerald Acquisition Corp


Date:
In a notable development, Ftac Emerald Acquisition Corp has reported its financial results for the third quarter of 2023, demonstrating impressive progress in key areas. Investors have reason to be optimistic as the company's net profit per share more than doubled by an astonishing 300% to $0.04, compared to $0.01 in the previous year. However, despite this positive development, income has experienced a marginal decline of -20%, from $0.05 per share in the last reporting season.
The revenue remains unchanged at $0.00 million, which can be attributed to strategic restructuring implemented during the same period last year. This is in stark contrast to the corresponding reporting season a year before when the company generated $1.13 million in revenue. It is also worth mentioning that the sequential revenue fell from $3.05 million in the previous reporting period, indicating a potential area for improvement.
Ftac Emerald Acquisition Corp

Ftac Emerald Acquisition Corp Achieves Remarkable 25% Growth in Earnings, Ensuring Stability and Profitability

Ftac Emerald Acquisition Corp, a blank check company, recently reported its financial performance for the most recent fiscal period. The company's income per share remained unchanged at $0.05 per share, compared to $0.00 per share a year ago. This indicates stability in the company's earnings.
However, the company's bottom-line grew by an impressive 25% from the preceding reporting period, with earnings per share increasing from $0.04 to $0.05. This signifies positive growth and profitability for Ftac Emerald Acquisition Corp.
Ftac Emerald Acquisition Corp

Ftac Emerald Acquisition Corp Defies Expectations with Breathtaking Q1 Performance

The stock market is turning its attention towards Ftac Emerald Acquisition Corp, which has been making some impressive strides in the Blank Checks industry. Thanks to its improved ability to collect outstanding accounts receivable from its corporate clients, the company has achieved an outstanding ratio of 5.45 - well above the industry average. This is a clear sign of a healthy business climate and improving liquidity among the company's respective customers.
Moreover, the company's average receivable collection period has decreased to just 67 days, compared to 117 days in the previous quarter. Although other financial sector companies had higher receivables turnover ratios, Ftac Emerald Acquisition has shown significant improvement and growth.









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