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Cartesian Growth Corporation Ii  (RENE)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $11.0500 $-0.03 -0.271%
Day's High: $11.06 Week Perf: 0.00
Day's Low: $ 11.02 30 Day Perf: 0.55 %
Volume (M): 415 52 Wk High: $ 11.92
Volume (M$): $ 4,580 52 Wk Avg: $10.74
Open: $11.02 52 Wk Low: $10.41



 Market Capitalization (Millions $) 1,712
 Shares Outstanding (Millions) 155
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 9
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0

Cartesian Growth Corporation Ii
Cartesian Growth Corporation II is a private investment firm that specializes in providing growth capital to companies in various industries. It aims to support and accelerate the growth of these companies through its financial resources, strategic guidance, and operational expertise.

The firm typically invests in businesses at various stages of their growth cycle, ranging from early-stage to more mature companies. It focuses on identifying companies with strong growth potential and innovative business models. Cartesian Growth Corporation II seeks to partner with management teams that have a clear vision and proven track record of delivering results.

The firm's investment approach is centered around long-term value creation and sustainable growth. It aims to help portfolio companies expand into new markets, enhance their operational efficiencies, and capitalize on emerging trends within their respective industries.

Cartesian Growth Corporation II prides itself on its active involvement in its portfolio companies, offering them access to its vast network of industry experts and resources. The firm's team is made up of experienced professionals with a deep understanding of various sectors, enabling them to provide valuable insights and guidance.

Overall, Cartesian Growth Corporation II is a growth-oriented investment firm that seeks to partner with exceptional companies and propel their growth trajectory to new heights.


   Company Address: 505 Fifth Avenue New York 10017 NY
   Company Phone Number: 461-6363   Stock Exchange / Ticker: RENE
   RENE is expected to report next financial results on March 29, 2024.


   

Stock Performances by Major Competitors

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Cartesian Growth Corporation Ii

RENE's Third Quarter Earnings Surge in Blank Checks Market

Cartesian Growth Corporation II, a smaller player in the blank checks industry, has recently announced its operating shortfall for the third quarter of 2023. Despite the decline in earnings compared to the previous year, the corporation managed to compete more economically. This is a positive sign for the company, as it indicates its ability to navigate challenging market conditions successfully.
In the third quarter of 2023, Cartesian Growth Corporation II reported an operating shortfall of $-0.218279 million. This figure is lower than the $-0.256058 million operating shortfall from the comparable three months in the previous year. While the decrease in earnings may dampen the prevailing self-esteem of the company, it is important to note that the net income remains the key criterion for assessing the company's performance.

Cartesian Growth Corporation Ii

Cartesian Growth Corporation II Releases Promising Second Quarter Fiscal Results within the Evolving Blank Checks Sector - RENE Report

During the past week, Cartesian Growth Corporation II shares have experienced no change, resulting in a year-to-date performance of 3.79%. However, the shares are currently 8.2% away from their 52-week high.
The Blank Checks sector, which involves special purpose acquisition companies (SPACs) like Cartesian Growth Corporation II, is now entering the period of analyzing the second quarter of 2023 earnings. Recent observations by industry contributors have highlighted an operating shortfall of $-0.311461 million in the company's financial report for the period between April and June 2023. It's important to note that no top-line has been cited during this reporting period.

Cartesian Growth Corporation Ii

Cartesian Growth Corporation II's Operating Loss Sends Shockwaves Through the Blank Checks Sector in Q1 2023

The latest financial results from Cartesian Growth Corporation Ii have raised concerns about the Blank Checks sector as a whole. While the company reported a net profit for the first quarter of 2023, its operating loss of $-0.239315 million is a red flag that cannot be ignored.
Despite the increase in surplus to $3.711 million from $0.000 million in the first quarter of 2022, the fact remains that Cartesian Growth Corporation Ii has yet to turn a profit from its operations. This is a significant cause for concern, as it suggests that the company's business model may not be sustainable in the long term.






 




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