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Live Oak Crestview Climate Acquisition Corp   (LOCC)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.4300 $-0.01 -0.048%
Day's High: $10.43 Week Perf: 0.00
Day's Low: $ 10.43 30 Day Perf: 0.58 %
Volume (M): 100 52 Wk High: $ 10.90
Volume (M$): $ 1,043 52 Wk Avg: $10.28
Open: $10.43 52 Wk Low: $10.10



 Market Capitalization (Millions $) 209
 Shares Outstanding (Millions) 20
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) 2
 Capital Exp. (TTM) (Millions $) 0

Live Oak Crestview Climate Acquisition Corp
Live Oak Crestview Climate Acquisition Corp is a Special Purpose Acquisition Company (SPAC) formed with the purpose of merging with or acquiring a company operating in the climate solutions sector. It was established by Live Oak Acquisition Corp and Crestview Partners, two prominent investment firms, to explore investment opportunities in companies focused on addressing climate change and sustainability. The SPAC aims to identify and combine with a target company that has a compelling business model and significant potential for growth in the climate solutions market.


   Company Address: 40 S. Main Street Memphis 38103
   Company Phone Number: 685-2865   Stock Exchange / Ticker: NYSE LOCC
   LOCC is expected to report next financial results on March 28, 2024.


   

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Live Oak Crestview Climate Acquisition Corp

Live Oak Crestview Climate Acquisition Corp (LOCC) Demonstrates Improved Operation Loss in Q2 2023, Hints at Positive Shift in Business Strategy


As the earnings cycle of fiscal April to June 2023 unfolds, businesses across various sectors have started releasing their financial results. Among them, the Blank Checks sector has been particularly active. In the midst of this reporting flurry, Live Oak Crestview Climate Acquisition Corp (LOCC) recently published its operating loss for the fiscal second quarter of 2023, which stands at $-0.320764 million. While this figure may not seem impressive at first glance, it signals positive progress when comparing it to the same period last year, where the operating loss was $-0.393626 million.
For market observers, this news is encouraging, especially since there are no easier benchmarks available for comparison. The fact that LOCC managed to improve its operating loss year-over-year suggests a possible positive shift in their business strategy. However, what truly stands out is how LOCC's executives not only presented a net profit of $1.611 million for the fiscal period ending June 30, 2023, but also exceeded the performance of the second quarter of 2022.

Live Oak Crestview Climate Acquisition Corp

Live Oak Crestview Climate Acquisition Corp Capitalizes on Climate-Related Market Growth, Showcasing Robust Fiscal Performance Ending March 31, 2023 with a $-0.376948 Million Operating Deficit

Live Oak Crestview Climate Acquisition Corp is a Blank Check company that was established with the aim of acquiring and merging with other businesses, particularly in the climate-related industry. The company went public in July 2021 and has since been trading on the NASDAQ stock exchange under the ticker symbol LOCC.
The focus of Live Oak Crestview Climate Acquisition Corp is to acquire and merge with businesses that have the potential to limit the negative impact of climate change on the environment. The company seeks to invest in businesses that provide solutions for lower carbon emissions, sustainable energy practices, and efficient waste management, among others. The market for climate-related businesses is currently experiencing significant growth, and Live Oak Crestview Climate Acquisition Corp aims to take advantage of this trend.






 




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