Hennessy Capital Investment Corp Vi  (HCVI)
Other Ticker:  
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
Price: $10.3800 $-0.02 -0.192%
Day's High: $10.39 Week Perf: 0.00
Day's Low: $ 10.38 30 Day Perf: 0.29 %
Volume (M): 40 52 Wk High: $ 11.47
Volume (M$): $ 419 52 Wk Avg: $10.31
Open: $10.39 52 Wk Low: $10.00

 Market Capitalization (Millions $) 352
 Shares Outstanding (Millions) 34
 Employees -
 Revenues (TTM) (Millions $) 2
 Net Income (TTM) (Millions $) 6
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Hennessy Capital Investment Corp Vi
Hennessy Capital Investment Corp VI is a special purpose acquisition company (SPAC) that was formed with the purpose of acquiring or merging with a private operating business. It is focused on making investments in the industrial sector, particularly companies involved in transportation and mobility industries. The company is listed on the NASDAQ under the ticker symbol HCICU. As a SPAC, Hennessy Capital Investment Corp VI raised funds through an initial public offering (IPO) and is now actively seeking a suitable target company to merge with or acquire. SPACs like Hennessy Capital Investment Corp VI offer investors an opportunity to invest in potential growth companies through a publicly traded vehicle.

   Company Address: 195 US Hwy 50 Zephyr Cove 89448 NV
   Company Phone Number: 339 1671   Stock Exchange / Ticker: NASDAQ HCVI
   HCVI is expected to report next financial results on March 27, 2024.


Stock Performances by Major Competitors

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Hennessy Capital Investment Corp Vi

Hennessy Capital Investment Corp's Subsidiary, The Blank Checks, Achieves Impressive Revenue of $1.825 Million in Q3 2023

Hennessy Capital Investment Corp Vi (HCVI) recently disclosed its financial results for the interval ending September 30, 2023. While the revenue of $1.825 million showcased a modest growth, the net income of $0.250 million plummeted by -90.6% compared to the same period the previous year. These results juxtapose the company's performance and raise questions about its future prospects. This article aims to interpret these financial results, assess their implications, and ponder how they may impact HCVI going forward.
1. Declining Net Income:
The sharp decline in HCVI's net income from $2.659 million to $0.250 million in just one year is significant. This drop of -90.6% points to potential challenges faced by the company. It warrants a closer look into the reasons behind this decline, such as rising costs, decreased sales, or inefficient operational management.

Hennessy Capital Investment Corp Vi

Hennessy Capital Investment Corp Vi Faces Operating Shortfall, Raising Concerns for Future Performance

As the earnings season of the April to June 2023 unfolds, numerous businesses, including many constituents of the Blank Checks sector, have disclosed their respective earnings. Among them, the recent financial results of HCVI have revealed a concerning operating shortfall and a significant decline in net earnings. These figures raise questions about the company's future performance and warrant a closer examination of their potential impact.
Operating Shortfall:
HCVI's recent operating shortfall of $-2.173 million for the most recent fiscal period (ending June 30, 2023) is a significant cause for concern. In comparison, the operating shortfall for the second quarter of 2022 was $-0.586 million. This indicates a considerable decline in the company's financial health over a comparatively short period.

Hennessy Capital Investment Corp Vi

Hennessy Capital Investment Corp Vi Records Operating Loss in First Quarter of 2023, Dampened by Declining Net Income and Lower ROI

Hennessy Capital Investment Corp Vi, a Blank Checks company, reported its financial results for Q1 2023. Although the company achieved a return on average invested assets (ROI) of 2.89%, it was below its average ROI of 3.8%. This decline in ROI was due to the fall in net income, which was a concern for the investors.
Moreover, when compared to the Financial sector, 228 other companies had a higher ROI, which is alarming for the company. However, in a positive note, the company's overall ROI ranking has progressed in Q1 2023 to 1435 from its total ROI ranking in Q4 2022 at 1700.


Hennessy Capital Investment Vi's Segments
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