Pegasus Digital Mobility Acquisition Corp   (PGSS)
Other Ticker:  
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
Price: $11.1900 $-0.04 -0.356%
Day's High: $11.26 Week Perf: -0.53 %
Day's Low: $ 11.19 30 Day Perf: 1.08 %
Volume (M): 40 52 Wk High: $ 11.26
Volume (M$): $ 445 52 Wk Avg: $10.83
Open: $11.26 52 Wk Low: $10.33

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

Pegasus Digital Mobility Acquisition Corp
Pegasus Digital Mobility Acquisition Corp is a special purpose acquisition company (SPAC) formed for the purpose of acquiring and merging with other companies in the digital mobility sector. The company aims to identify and engage in deals with businesses that focus on innovative technologies and solutions related to electric vehicles, autonomous driving, ride-sharing, and other areas shaping the future of transportation and mobility. Pegasus Digital Mobility Acquisition Corp primarily functions as a platform to raise capital through an initial public offering (IPO) and subsequently use those funds to acquire a target company, facilitating its entry into the public market.

   Company Address: 71 Fort Street George Town 0 KY
   Company Phone Number: 769-4900   Stock Exchange / Ticker: NYSE PGSS
   PGSS is expected to report next financial results on March 27, 2024.


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Pegasus Digital Mobility Acquisition Corp

Pegasus Digital Mobility Acquisition Corp Witnesses Alarming Outlays Surge in Q3 2023 Fiscal Period

Pegasus Digital Mobility Acquisition Corp (PGSS) has recently caught the attention of market observers due to its deteriorating financial performance and looming uncertainty about its ability to generate revenue. Despite a lack of anticipation for any changes in the company's business, shareholders must pay close attention to PGSS's operating deficit in the fiscal period from July to September 2023. The increasing loss and potential revenue challenges translate into a bearish outlook for this evolving organization.
Growing Operating Deficit:
In the third quarter of 2022, PGSS registered an operating deficit of $-0.323527 million, which witnessed a significant deterioration in the most recent quarter, reaching $-1.552005 million. This widening gap raises concerns regarding the company's financial stability and management's ability to control expenses and generate positive operating results. Shareholders should be worried as such persistent losses undermine the prospects for long-term profitability and sustainability.

Pegasus Digital Mobility Acquisition Corp

Pegasus Digital Mobility Acquisition Corp Struggles with Business Behavior as Revenue Adjustments and Operating Shortfall Raise Concerns during Fiscal Interval Ending Q2 2023

Pegasus Digital Mobility Acquisition Corp (PGSS) is a company that has recently gained attention from investors and analysts. In the April to June 30 2023 reporting season, investors were surprised to find that there were some adjustments in the revenue but didn't assume them. However, they did notice an operating shortfall of $-1.164036 million in the same period.
Comparing it to the second quarter of 2022, the operating shortfall has increased from $-0.359343 million. This has raised concerns among analysts about the future of the company and whether it will be able to generate enough revenue.

Pegasus Digital Mobility Acquisition Corp

PGSS Announces Unexpected Operating Shortfall in Q1 2023, Stuns Investors

Pegasus Digital Mobility Acquisition Corp is a Blank Checks company that has been making waves in the business community recently. While the company is still in its early stages of growth, it has managed to capture the attention of investors and analysts alike, thanks to its unique business strategy and potential for growth.
During the earnings season of January to March 31 2023, investors did not assume some modifications at the revenue of Pegasus Digital Mobility Acquisition Corp. However, they did observe that the company had reported an operating shortfall of $-2.307851 million during the same period. This shortfall has raised some concerns among investors who are looking to see how the company will address this issue going forward.



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