Adara Acquisition Corp
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- Market Cap.:
- $502.17 million
- Book Value:
- Revenue TTM:
- $1.42 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $182.38 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Adara Acquisition Corp had its IPO on 2021-03-24 under the ticker symbol ADRA.
The company operates in the Communication Services sector and Entertainment industry. Adara Acquisition Corp has a staff strength of 847 employees.
Shares of Adara Acquisition Corp opened at $3.25 at the start of the last trading session i.e. 2023-03-24.
The stocks traded within a range of $3.25 - $4.2, and closed at $4.2.
This is a +20% increase from the previous day's closing price.
A total volume of 1,536 shares were traded at the close of the day’s session.
In the last one week, shares of Adara Acquisition Corp have increased by +16.67%.
Adara Acquisition Corp's Key Ratios
Adara Acquisition Corp has a market cap of $502.17 million, indicating a price to book ratio of 1.2744 and a price to sales ratio of 0.
In the last 12-months Adara Acquisition Corp’s revenue was $1.42 billion with a gross profit of $182.38 million and an EBITDA of $60.01 million. The EBITDA ratio measures Adara Acquisition Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Adara Acquisition Corp’s operating margin was 3.65% while its return on assets stood at 7.51% with a return of equity of 30.25%.
In Q3, Adara Acquisition Corp’s quarterly earnings growth was a negative -81.8% while revenue growth was a positive 0%.
Adara Acquisition Corp’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $0.1 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Adara Acquisition Corp’s profitability.
Adara Acquisition Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -64.9978. Its price to sales ratio in the trailing 12-months stood at 0.
Adara Acquisition Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $116.91 million
- Total Liabilities
- $1.56 million
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Adara Acquisition Corp ended 2023 with $116.91 million in total assets and $0 in total liabilities. Its intangible assets were valued at $116.91 million while shareholder equity stood at $-2938420.00.
Adara Acquisition Corp ended 2023 with $0 in deferred long-term liabilities, $1.56 million in other current liabilities, 233325310.00 in common stock, $-2938708.00 in retained earnings and $0 in goodwill. Its cash balance stood at $29502.00 and cash and short-term investments were $29502.00. The company’s total short-term debt was $0 while long-term debt stood at $0.
Adara Acquisition Corp’s total current assets stands at $82835.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $1.56 million and inventory worth $0.
In 2023, Adara Acquisition Corp's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Adara Acquisition Corp paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Adara Acquisition Corp stock is currently trading at $4.2 per share. It touched a 52-week high of $12.24 and a 52-week low of $12.24. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $6.6 and 200-day moving average was $9.14 The short ratio stood at 0.37 indicating a short percent outstanding of 0%.
Around 43.5% of the company’s stock are held by insiders while 2080.9% are held by institutions.
Frequently Asked Questions About Adara Acquisition Corp
Similar Industry Stocks (Entertainment)
Adara Acquisition Corp. engages in the distribution and wholesale of music, movies, video games, electronics, arcades, and collectibles. The company is based in Sunrise, Florida.