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Pontem Corp  (PNTMU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 47
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 18
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Pontem Corp
Pontem Corp is a technology startup focused on providing blockchain-based infrastructure and solutions for organizations in the healthcare and life sciences industries. They aim to leverage the benefits of blockchain technology to securely store, manage, and share sensitive data, ensuring transparency and trust in data exchanges. The company offers a range of products and services, including data privacy solutions, interoperability tools, and smart contract frameworks. Pontem Corp aims to revolutionize the way healthcare data is managed and shared, ultimately leading to improved patient outcomes and more efficient healthcare systems.


   Company Address: 2170 Buckthorne Place Texas 77380 TX
   Company Phone Number: 457-9077   Stock Exchange / Ticker: NYSE PNTMU
   PNTMU is expected to report next financial results on March 30, 2024.


   

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Pontem Corp

Pontem Corp's Financial Performance in Q1 2023: Mixed Results, GAAP Profits Emerge Amid Operating Deficit Concerns

The financial results for Pontem Corp in its first quarter of 2023 paint a mixed picture of the company's performance. While the return on average invested assets (ROI) of 3.19% falls below the company's average ROI of 4.12%, it is important to note that ROI decreased due to a decline in net income.
Furthermore, within the financial sector, 225 other companies had a higher return on investment, and Pontem Corp's total ranking deteriorated compared to the fourth quarter of 2022. However, it is worth considering that as the reporting season continues, more companies will disclose their numbers, and Pontem Corp's ranking may change.
One of the highlights of the financial results is the GAAP profits of $1.893 million, which is a positive sign for the company. However, it is also worth noting that the recorded effort was smaller by -89.84 basis points compared to the same period a year before.
The operating deficit is another crucial signal for the situation at Pontem Corp, as the company continues to develop its business model. While the operating deficit of $-0.667903 million for the first quarter of 2023 is an improvement from the $-0.966469 million recorded in the same period a year before, it is still a cause for concern.






 




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