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Mars Acquisition Corp   (NASDAQ: MARXU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $3.8000 $-6.31 -62.413%
Day's High: $10.9 Week Perf: -46.85 %
Day's Low: $ 3.80 30 Day Perf: -66.19 %
Volume (M): 66 52 Wk High: $ 15.00
Volume (M$): $ 251 52 Wk Avg: $10.14
Open: $9.01 52 Wk Low: $3.80



 Market Capitalization (Millions $) 8
 Shares Outstanding (Millions) 2
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Mars Acquisition Corp
Mars Acquisition Corp is a special purpose acquisition company (SPAC) that was formed for the purpose of merging or acquiring one or more companies. They typically offer their shares to the public through an initial public offering (IPO) to raise capital. Once the IPO is completed, the company then searches for potential acquisition targets to combine with and create a new publicly-traded company. Mars Acquisition Corp focuses on various industries such as technology, healthcare, or financial services, and aims to find profitable companies with growth potential.


   Company Address: Americas Tower, New York 10036 NY
   Company Phone Number: 667-6277   Stock Exchange / Ticker: NASDAQ MARXU


   

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Mars Acquisition Corp

MARXU Experiences Significant Drop in Earnings per Share in Latest Financial Report



Mars Acquisition Corp, a prominent player in the market, recently released its financial results for the most recent fiscal period. The numbers reveal several key changes in the company's net profit per share, earnings, and overall financial performance. In this article, we will delve into these figures to provide a comprehensive understanding of Mars Acquisition Corp's financial situation.
Drop in Net Profit per Share:
One of the standout figures in Mars Acquisition Corp's financial results is the decline in net profit per share. The company's net profit per share dropped by 33.33% from $0.03 per share in the previous fiscal reporting period to $0.02 per share in the most recent period. This is a disappointing result for the company, as it indicates a decrease in profitability.

Mars Acquisition Corp

Mars Acquisition Corp Shows Promising Growth with Operating Deficit Improvement in Q1 2024

Mars Acquisition Corp (MARXU) is one of the many entities in the Blank Checks sector that have recently reported their earnings for the fiscal period ending December 31, 2023. The company announced an operating deficit of $-0.089383 million for this period, which provides an insight into its current financial situation.
It is important to interpret these numbers in the context of the company's growth and development. Comparing the operating deficit from the first quarter of 2023, which was $-0.000195 million, it is evident that Mars Acquisition Corp has made significant progress. The most recent quarter's bottom-line looks promising, demonstrating the company's ability to be creative and enhance its net earnings to $0.901 million from $0.000 million in the first quarter of 2023.

Mars Acquisition Corp

Mars Acquisition Corp Experiences Operating Loss of $0.235436 Million in Q2 2023, Demonstrates Promising Net Income Growth

The second quarter of 2023 has become the focus of scrutiny in the Blank Checks industry, as insiders try to gauge the performance of companies in the sector. One company that has caught the attention of insiders is Mars Acquisition Corp, which has posted an operating loss of $-0.235436 million. The company has not reported any revenue for the January to March 31, 2023 reporting period.
Despite the lack of revenue, Mars Acquisition Corp has shown a significant improvement in net income for the second quarter of 2023. The company reported a net income of $0.140 million, a significant increase from the previous quarter's net income of $0.000 million.







Mars Acquisition's Segments





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