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Medtech Acquisition Corporation  (MTAC)
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 

Medtech Acquisition Corporation records $0.35 million tax charge

The financial interval ending December 31 2022 profitability vanished, due to hefty $0.35 million tax charge, resulting in $-0.02 loss per share


Published Mar 23 2023
Goran Soko / CSIMarket.com Contributer


coins-948603__340 The Blank Checks sector consultants start to digest the fourth quarter of 2022 performance. Today they follow operating loss of $-1.35582 millions, from the Medtech Acquisition Corporation, as it has not mentioned any top-line thus far, for the respective October to December 31 2022 financial reporting period.

In the latest coming stage of the corporation, the stakeholders anticipate new business model to arrive as soon as possible. Those investors are less interested in the recent productivity improvement at the Medtech Acquisition Corporation.


The very recent problems with an ascending organization like MTAC are if the company has sufficient stamina in order successfully cultivate a potential business model. A net loss of $2.896 millions, in the fourth quarter of 2022 raises several problems at the shareholders.
Observing deeper the operating numbers for the fiscal 12 Months 2022, MTAC disclosed Revenues of $0.00 millions and earnings of $5.54 millions.

Blank Checks company mentioned as well, that Earnings per share grew by 26.67 % to $0.19 per share from $0.15 in the previous fiscal 12 Months , industry's contribution adds by 0 % from $0.00 millions a year ago.

Medtech Acquisition Corporation is expected to report next financial recent numbers on May 10, 2023.



Medtech Acquisition's Price to Cash Flow ratio

Medtech Acquisition's Capital Expenditures Growth



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