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Schultze Special Purpose Acquisition Corp Ii  (SAMA)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.5800 $0.00 0.000%
Day's High: $10.58 Week Perf: -0.28 %
Day's Low: $ 10.58 30 Day Perf: 0.09 %
Volume (M): 4 52 Wk High: $ 11.80
Volume (M$): $ 39 52 Wk Avg: $10.60
Open: $10.58 52 Wk Low: $10.45



 Market Capitalization (Millions $) 112
 Shares Outstanding (Millions) 11
 Employees -
 Revenues (TTM) (Millions $) 4
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Schultze Special Purpose Acquisition Corp Ii
Schultze Special Purpose Acquisition Corp II (SSPAQ) is a special purpose acquisition company (SPAC) formed by George Schultze, the founder and CEO of Schultze Asset Management. It was created with the purpose of merging with or acquiring one or more businesses or entities in various industries. The SPAC raised funds through its initial public offering, which will be used to finance the future merger or acquisition. SSPAQ aims to identify and execute a strategic transaction that has the potential for long-term growth and value creation.


   Company Address: 800 Westchester Avenue Rye Brook 10573 NY
   Company Phone Number: 701-5260   Stock Exchange / Ticker: NASDAQ SAMA
   


   

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Schultze Special Purpose Acquisition Corp Ii

SAMA Shines with Incredible Q2 2023 Earnings: Yet Another Profitable Season Amidst Speculation

Schultze Special Purpose Acquisition Corp II (SAMAs) recently released its second quarter earnings report for 2023, showing a significant revenue increase of 1765.44% year on year to $0.77 million. While this might seem like positive news at first glance, a deeper analysis reveals several concerning factors.
Firstly, despite the increase in revenue, SAMAs' profitability only reached $0.04 during the second quarter. This indicates that the company's expenses and costs of operations are eating into its revenue growth, limiting its ability to generate substantial profits.

Schultze Special Purpose Acquisition Corp Ii

Schultze Special Purpose Acquisition Corp II Achieves Astounding 11,878% YoY Revenue Growth, Surpassing $1.77 Million in Financial Period Ending March 31 2023

In a surprising turn of events, Schultze Special Purpose Acquisition Corp II (SSPAU) has reported a staggering 11878.381 % year on year rise in revenue to a whopping $1.77 million in the financial period ending March 31 2023. The company has also managed to return to profitability with an income per share of $0.04 in the same period, as compared to a negative earnings per share of $-0.02 in the previous quarter.
The revenue for SSPAU has more than tripled, showing an incredible 343.854% rise from its earlier figure of $0.40 million. This is remarkable growth for the company and is expected to have a positive impact on their future performance.






 

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