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Axonprime Infrastructure Acquisition Corp  (APMI)
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    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial


 

Axonprime Infrastructure Acquisition Corp

APMI's Financial Statements and Analysis



Axonprime Infrastructure Acquisition Corp reported in the second quarter of 2023 net earnings per share of $0.12 an increase by 50 % year on year from $0.08 and an improvement of 300 % from $0.03 realized in I. Quarter (Mar 31 2023).


second quarter of 2023
Earnings Per Share Revenues
$ 0.12 $  0 Mill
$+0.04     +50 % Unch.    



Axonprime Infrastructure Acquisition's Revenue fell by 0 % in second quarter of 2023 (Jun 30 2023) year on year, to $0 million and declined by sequentially.


Axonprime Infrastructure Acquisition is

More on APMI's Income Statement



Axonprime Infrastructure Acquisition 's net income of $2.241 million in the second quarter of 2023 increased by 44.31 % from net earnings of $1.553 million achieved in II. Quarter a year ago.

Sequentially net earnings grew by 344.92 % from net income of $0.504 million realized in previous quarter.

More on APMI's Growth

Axonprime Infrastructure Acquisition Inventories
In Jun 30 2023 company's net cash and cash equivalents decreased by $0 million


Axonprime Infrastructure Acquisition Corp does not pay out common stock dividend.

In trailing twelve-month period Axonprime Infrastructure Acquisition Corp payed $ -0.07 cash per share, on a free-cash flow basis .


Tangible Book value grew to $ -0.46 per share from $ -0.49.

Company repurchased 0.00 million shares or 0.00 % in Jun 30 2023.
Debt Coverage Ratio was 71.58.

More on APMI's Dividends

 Market Capitalization (Millions) 155
 Shares Outstanding (Millions) 15
 Total Debt (Millions $) 0
 Revenue (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 5
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Axonprime Infrastructure Acquisition Corp does not pay out common stock dividend.

In trailing twelve-month period Axonprime Infrastructure Acquisition Corp had negative $ -0.07 cash flow per share, on a free-cash flow basis .


Tangible Book value grew to $ -0.46 per share from $ -0.49.

Company repurchased 0.00 million shares or 0.00 % in Jun 30 2023.
Debt Coverage Ratio was 71.58.

More on APMI's Balance Sheets

 Market Capitalization (Millions) 155
 Shares Outstanding (Millions) 15
 Total Debt (Millions $) 0
 Revenue (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 5
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Axonprime Infrastructure Acquisition Corp Earnings

Blank Checks Company's Operating Deficit Shows Remarkable Improvement of $-0.52999 Million in Q2 2023, Reveals Axonprime Infrastructure Acquisition Corp

Axonprime Infrastructure Acquisition Corp (APMI) delivered strong performance in the second quarter of 2023, despite reporting an operating deficit of $-0.311919 million. The company has not yet cited any revenue for the April to June 2023 period, but it is important to note that APMI is still in the expansion phase.
In comparison to the second quarter of 2022, APMI has shown remarkable improvement in productivity. Despite the lack of revenue streams, the company's executives have posted a net income of $2.241 million in Q2 2023, outperforming their efforts from the same period the previous year.
This positive financial performance suggests that APMI is on track in establishing its revenue streams a...

APMI Commences 2023 by Disclosing First Quarter Performance, Joining the Ranks of Numerous Corporations - Blank Checks Sector Reporters Review

Axonprime Infrastructure Acquisition Corp is a relatively new entrant in the Blank Checks sector. This industry is an alternative method for companies to go public without going through the traditional IPO route. Essentially, a Blank Checks company goes public with the sole purpose of acquiring or merging with another business, thus taking that company public in the process.
The recent Q1 results of Axonprime Infrastructure Acquisition Corp have received scrutiny from market observers. One significant point of analysis has been the lack of revenue specified by the company. However, it has reported an operating profit of $0.217828 million. This lack of revenue disclosure is not unusual for Blank Checks co...


Date modified: 2023-08-20T16:06:17+00:00





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