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Ftac Zeus Acquisition Corp   (ZING)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.4850 $-0.01 -0.048%
Day's High: $10.49 Week Perf: 0.24 %
Day's Low: $ 10.49 30 Day Perf: 0.24 %
Volume (M): 22 52 Wk High: $ 10.94
Volume (M$): $ 235 52 Wk Avg: $10.35
Open: $10.49 52 Wk Low: $10.20



 Market Capitalization (Millions $) 441
 Shares Outstanding (Millions) 42
 Employees -
 Revenues (TTM) (Millions $) 15
 Net Income (TTM) (Millions $) 9
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 0

Ftac Zeus Acquisition Corp
Ftac Zeus Acquisition Corp is a special purpose acquisition company (SPAC) that was formed with the purpose of merging or acquiring a target business. SPACs like Ftac Zeus Acquisition Corp are created solely to raise capital through an initial public offering (IPO) in order to acquire existing companies.

Ftac Zeus Acquisition Corp specifically focuses on identifying potential companies in the financial technology (fintech) sector for acquisition or merger. The SPAC is led by experienced management teams and industry experts who have a deep understanding of the fintech industry and its potential.

As a SPAC, Ftac Zeus Acquisition Corp offers an alternative method for private companies to go public without going through the traditional IPO process. Instead, the targeted company merges with or is acquired by the SPAC, becoming a publicly traded company. This allows private companies to access the benefits of being publicly traded, such as increased liquidity and access to capital markets, without going through an IPO.

Overall, Ftac Zeus Acquisition Corp aims to identify and acquire or merge with promising fintech companies, providing them with the opportunity to grow and expand their operations as publicly traded entities.


   Company Address: 2929 Arch Street Philadelphia 19104
   Company Phone Number: 701-9555   Stock Exchange / Ticker: NASDAQ ZING
   ZING is expected to report next financial results on March 16, 2024.


   

Stock Performances by Major Competitors

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Ftac Zeus Acquisition Corp

Leading Acquisition Firm, Ftac Zeus, Reports Exceptional Revenue Growth in Jun 30, 2023 Financial Review

Ftac Zeus Acquisition Corp Continues to Outpace Competitors with Impressive Q2 Results
In a stunning display of growth, Ftac Zeus Acquisition Corp has reported an astounding revenue improvement of 800.59% year on year for the period of April to June 30, 2023, reaching a total of $4.97 million. This remarkable achievement has propelled the company's income into positive territory at $0.06 per share. The figures speak for themselves, showcasing Ftac Zeus Acquisition Corp's dominance and solidifying its position among its sector peers.
While other players in the Blank Checks sector only managed a modest 10.47% revenue improvement during the same period, Ftac Zeus Acquisition Corp's impressive performance puts it far ahead of the competition. This robust growth is a testament to the company's strategic vision and effective management, which have evidently paid off in spades.

Ftac Zeus Acquisition Corp

Ftac Zeus Acquisition Corp Reports Remarkable Turnaround with Strong Positive Income during First Quarter of 2023 Earnings Season

Ftac Zeus Acquisition Corp, a leading company in the financial sector, announced that it achieved a record-high return on average invested assets (ROI) of 65.14% in the first quarter of 2023. This is a significant improvement compared to its ROI of 16.41% in the previous quarter and marks an exceptional financial performance for the company.
Despite being outperformed by four other financial sector companies in terms of ROI, Ftac Zeus's ROI rank has improved significantly, progressing from 467 in the fourth quarter of 2022 to 27 in the first quarter of 2023. With this improvement, the company seems to be making significant strides in its financial performance.






 

Ftac Zeus Acquisition's Segments
 
 
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