Corner Growth Acquisition Corp

Company Profile

Corner Growth Acquisition Corp had its IPO on 2021-02-19 under the ticker symbol COOLW.

The company operates in the sector and industry. Corner Growth Acquisition Corp has a staff strength of 0 employees.

Stock update

Shares of Corner Growth Acquisition Corp opened at $0.1 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.09 - $0.1, and closed at $0.09.

This is a -10% slip from the previous day's closing price.

A total volume of 2,989 shares were traded at the close of the day’s session.

In the last one week, shares of Corner Growth Acquisition Corp have slipped by -14.29%.

Corner Growth Acquisition Corp's Key Ratios

Corner Growth Acquisition Corp has a market cap of $487 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Corner Growth Acquisition Corp’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures Corner Growth Acquisition Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Corner Growth Acquisition Corp’s operating margin was 0% while its return on assets stood at 0% with a return of equity of 0%.

In Q1, Corner Growth Acquisition Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Corner Growth Acquisition Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $0 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 Corner Growth Acquisition Corp’s profitability.

Corner Growth Acquisition Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Corner Growth Acquisition Corp stock pays annual dividends of $ per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$12.64 million

Total Liabilities

$2.06 million

Operating Cash Flow

$3.26 million

Capital Expenditure

$0

Dividend Payout Ratio

0%

Corner Growth Acquisition Corp ended 2024 with $12.64 million in total assets and $0 in total liabilities. Its intangible assets were valued at $12.64 million while shareholder equity stood at $4.06 million.

Corner Growth Acquisition Corp ended 2024 with $0 in deferred long-term liabilities, $2.06 million in other current liabilities, 12382635.00 in common stock, $-8319807.00 in retained earnings and $0 in goodwill. Its cash balance stood at $29252.00 and cash and short-term investments were $29252.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

Corner Growth Acquisition Corp’s total current assets stands at $257345.00 while long-term investments were $0 and short-term investments were $12.38 million. Its net receivables were $0 compared to accounts payable of $2.06 million and inventory worth $0.

In 2024, Corner Growth Acquisition Corp's operating cash flow was $3.26 million while its capital expenditure stood at $0.

Comparatively, Corner Growth Acquisition Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.09

52-Week High

$0.15

52-Week Low

$0.007

Analyst Target Price

$

Corner Growth Acquisition Corp stock is currently trading at $0.09 per share. It touched a 52-week high of $0.15 and a 52-week low of $0.15. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.12 and 200-day moving average was $0.08 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.