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Accretion Acquisition Corp   (NASDAQ: ENER)
Other Ticker:  
 
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial
 
Price: $10.5601 $0.03 0.286%
Day's High: $10.57 Week Perf:
Day's Low: $ 10.54 30 Day Perf:
Volume (M): 822 52 Wk High: $ 0.00
Volume (M$): $ 8,680 52 Wk Avg: $0.00
Open: $10.55 52 Wk Low: $0.00



 Market Capitalization (Millions $) 16
 Shares Outstanding (Millions) 1
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 3
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Accretion Acquisition Corp
Accretion Acquisition Corp is a special purpose acquisition company (SPAC) that was formed with the purpose of acquiring or merging with an existing company. SPACs like Accretion Acquisition Corp raise funds from public investors through an initial public offering (IPO) and then use these funds to find a target company for acquisition. Once a suitable target is identified, the SPAC completes the acquisition, allowing the target company to go public without going through the traditional IPO process. Accretion Acquisition Corp aims to identify attractive investment opportunities in various industries and sectors.


   Company Address: 240 Saint Paul, Suite 502 Denver 80206 CO
   Company Phone Number: 328-5070   Stock Exchange / Ticker: NASDAQ ENER


   

Stock Performances by Major Competitors

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Accretion Acquisition Corp

Decline in Business Performance: Accretion Acquisition Corp Faces Major Setback in Q3 2023


Date: October 5, 2023
As Wall Street analysts eagerly awaited ENER's financial results for the period July to September 2023, some adjustments caught stockholders off guard. Notably, attention was drawn to the significant operating deficit the company reported during the same period. With a deficit amounting to $-0.305075 million, ENER's financial standing has worsened compared to the previous year's third quarter, which saw a deficit of $-0.2824 million.
Adding to the concerns is the absence of any indication regarding when Accretion Acquisition Corp may start reporting revenues. This lack of visibility has cast a shadow over ENER's overall performance. While the company's net income serves as the most important indicator of its efforts, the decline in net earnings has dampened the spirits of investors.
Accretion Acquisition Corp

Accretion Acquisition Corp Surpasses Expectations with Significant Rise in Q2 2023 Financial Report


Introduction
As the reporting season for April to June 2023 progresses, numerous corporations have begun revealing their financial numbers. Notably, the Blank Checks sector has been closely watched, and among the companies garnering attention is ENER. Reporting an operating loss of $-0.335765 million for the fiscal period ending Jun 30, 2023, ENER's recent course of action regarding productivity has shown significant improvement compared to the second quarter of 2022. This article will delve deeper into ENER's financial results and provide context with the current performance of Accretion Acquisition Corp.
ENER's Positive Developments Amidst Challenging Conditions
Despite existing predominantly in the development period, ENER managed to defy expectations by exhibiting a net income of $0.532 million during the financial interval ending June 30, 2023. This surpasses the results of the same quarter in 2022, indicating a positive trajectory for the company's business model cultivation.
Accretion Acquisition Corp

Accretion Acquisition Corp Reveals Positive Shift in Operating Deficit for Q1 2023, Surprising Shareholders

Accretion Acquisition Corp, a well-known company, has recently reported on their financial earnings for the period of January to March 31, 2023. The shareholders have not made adjustments to the business during this time, but they have noted that ENER, the company?s operating deficit, has been at $-0.429719 million during this period. This news may seem encouraging to investors, as there has been an improvement in the operating deficit from the same quarter a year ago when it was at $-0.557374 million. This positive outcome has also garnered confidence from many analysts regarding the future of the company.
Although Accretion Acquisition Corp has not realized any revenues thus far, it still had a good financial reporting period. In terms of net income, there has been an increase from $-0.540 million a year ago to $1.372 million in the first quarter of 2023. This is a clear indicator of progress for the company, which is on the right track towards future growth.









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