Oxus Acquisition Corp   (OXUSU)
Other Ticker:  
Price: $11.7700 $0.67 6.036%
Day's High: $11.77 Week Perf: 8.18 %
Day's Low: $ 9.99 30 Day Perf: 9.9 %
Volume (M): 1 52 Wk High: $ 11.95
Volume (M$): $ 12 52 Wk Avg: $11.03
Open: $10.03 52 Wk Low: $9.70

 Market Capitalization (Millions $) 23
 Shares Outstanding (Millions) 2
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Oxus Acquisition Corp
Oxus Acquisition Corp is a special purpose acquisition company (SPAC) focused on acquiring a target business in the cannabis industry. It is listed on the NASDAQ stock exchange under the ticker symbol OXU. The company was formed with the purpose of identifying and partnering with a high-growth cannabis business that has the potential to generate attractive returns for its shareholders. Oxus Acquisition Corp aims to leverage its industry expertise and network to identify compelling investment opportunities in the rapidly growing cannabis sector.

   Company Address: 300/26 Almaty 50020
   Company Phone Number: 355-8021   Stock Exchange / Ticker: NASDAQ OXUSU


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Oxus Acquisition Corp

Oxus Acquisition Corp's Deficit Intensifies Significantly in Q2 2023, Raising Concerns

Oxus Acquisition Corp Reports Increased Deficit, But Future Performance Remains Uncertain
Investors in Oxus Acquisition Corp may be concerned as the company recently announced an increased deficit per share of $-0.07 for the financial period ending June 30, 2023. This is a significant jump from the $0.00 per share reported a year ago and a further increase from the $-0.04 per share recorded in the previous reporting season.
It is worth noting that the revenue remained unchanged at $0.00 million, both in comparison to the previous year and sequentially. This lack of growth in revenue is another cause for concern among investors.

Oxus Acquisition Corp

Oxus Acquisition Corp Faces Surging Operating Expenses in Q1 2023, Revealing an Unexpected Deficit

As a financial journalist, I have been analyzing the recent financial results of Oxus Acquisition Corp. Based on the company's financial performance report for the 12 months ending in the first quarter of 2023, I can confirm that Oxus has recorded a net loss of $0 million. This puts the company's return on assets (ROA) at a negative rate of -0.35%.
In comparison,
there are 899 other companies in the financial sector that have a higher ROA than Oxus. Additionally, the overall ranking for ROA has advanced in the March 31, 2023 quarter, going from 3069 to 2476. This indicates an optimistic trend in the market despite Oxus' poor performance.



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