NASDAQ
FEXD

Fintech Ecosystem Development Corp

Shell Companies
Financial Services

Prices are adjusted according to historical splits.

Fintech Ecosystem Development Corp Stock Price

Vitals

Today's Low:
$10.7
Today's High:
$10.73
Open Price:
$10.73
52W Low:
$9.97
52W High:
$11
Prev. Close:
$10.72
Volume:
3934

Company Statistics

Market Cap.:
$152.12 million
Book Value:
-2.175
Revenue TTM:
$0
Operating Margin TTM:
0%
Gross Profit TTM:
$0
Profit Margin:
0%
Return on Assets TTM:
-1.28%
Return on Equity TTM:
0%

Company Profile

Fintech Ecosystem Development Corp had its IPO on 2022-01-13 under the ticker symbol FEXD.

The company operates in the Financial Services sector and Shell Companies industry. Fintech Ecosystem Development Corp has a staff strength of 0 employees.

Stock update

Shares of Fintech Ecosystem Development Corp opened at $10.73 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.7 - $10.73, and closed at $10.7.

This is a -0.19% slip from the previous day's closing price.

A total volume of 3,934 shares were traded at the close of the day’s session.

In the last one week, shares of Fintech Ecosystem Development Corp have slipped by -0.14%.

Fintech Ecosystem Development Corp's Key Ratios

Fintech Ecosystem Development Corp has a market cap of $152.12 million, indicating a price to book ratio of 1.3324 and a price to sales ratio of 0.

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

In the trailing 12-month period, Fintech Ecosystem Development Corp’s operating margin was 0% while its return on assets stood at -1.28% with a return of equity of 0%.

In Q1, Fintech Ecosystem Development Corp’s quarterly earnings growth was a negative -46.7% while revenue growth was a positive 0%.

Fintech Ecosystem Development Corp’s PE and PEG Ratio

Forward PE
0
Trailing PE
45.8261
PEG

Its diluted EPS in the last 12-months stands at $0.23 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 Fintech Ecosystem Development Corp’s profitability.

Fintech Ecosystem Development 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.

Fintech Ecosystem Development 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
$119.03 million
Total Liabilities
$1.81 million
Operating Cash Flow
$-1150000.00
Capital Expenditure
$0
Dividend Payout Ratio
0%

Fintech Ecosystem Development Corp ended 2024 with $119.03 million in total assets and $0 in total liabilities. Its intangible assets were valued at $119.03 million while shareholder equity stood at $112.45 million.

Fintech Ecosystem Development Corp ended 2024 with $0 in deferred long-term liabilities, $1.81 million in other current liabilities, 118392534.00 in common stock, $-5945734.00 in retained earnings and $0 in goodwill. Its cash balance stood at $10335.00 and cash and short-term investments were $10335.00. The company’s total short-term debt was $527,502 while long-term debt stood at $0.

Fintech Ecosystem Development Corp’s total current assets stands at $49286.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $990605.00 and inventory worth $0.

In 2024, Fintech Ecosystem Development Corp's operating cash flow was $-1150000.00 while its capital expenditure stood at $0.

Comparatively, Fintech Ecosystem Development Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$10.7
52-Week High
$11
52-Week Low
$9.97
Analyst Target Price
$

Fintech Ecosystem Development Corp stock is currently trading at $10.7 per share. It touched a 52-week high of $11 and a 52-week low of $11. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.65 and 200-day moving average was $10.48 The short ratio stood at 0.09 indicating a short percent outstanding of 0%.

Around 2537.3% of the company’s stock are held by insiders while 9951.9% are held by institutions.

Frequently Asked Questions About Fintech Ecosystem Development Corp

The stock symbol (also called stock or share ticker) of Fintech Ecosystem Development Corp is FEXD

The IPO of Fintech Ecosystem Development Corp took place on 2022-01-13

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About

Fintech Ecosystem Development Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial technology development sector in South Asia. Fintech Ecosystem Development Corp. was incorporated in 2021 and is based in Collegeville, Pennsylvania.

Address

100 Springhouse Drive, Collegeville, PA, United States, 19426