Progress Acquisition Corp
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- Market Cap.:
- $211.48 million
- Book Value:
- Revenue TTM:
- Operating Margin TTM:
- Gross Profit TTM:
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Progress Acquisition Corp had its IPO on 2021-03-18 under the ticker symbol PGRWW.
The company operates in the sector and industry. Progress Acquisition Corp has a staff strength of 0 employees.
Shares of Progress Acquisition Corp opened at $0.01 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $0 - $0.01, and closed at $0.
This is a -93.94% slip from the previous day's closing price.
A total volume of 1,580,958 shares were traded at the close of the day’s session.
In the last one week, shares of Progress Acquisition Corp have slipped by -94.29%.
Progress Acquisition Corp's Key Ratios
Progress Acquisition Corp has a market cap of $211.48 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.
In the last 12-months Progress Acquisition Corp’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures Progress Acquisition Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Progress Acquisition Corp’s operating margin was 0% while its return on assets stood at 0% with a return of equity of 0%.
In Q3, Progress Acquisition Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.
Progress Acquisition Corp’s PE and PEG Ratio
- Forward PE
- Trailing PE
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 Progress Acquisition Corp’s profitability.
Progress 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.
Progress 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
- $173.37 million
- Total Liabilities
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Progress Acquisition Corp ended 2023 with $173.37 million in total assets and $0 in total liabilities. Its intangible assets were valued at $173.37 million while shareholder equity stood at $172.24 million.
Progress Acquisition Corp ended 2023 with $250000.00 in deferred long-term liabilities, $429530.00 in other current liabilities, 172960009.00 in common stock, $-2189165.00 in retained earnings and $0 in goodwill. Its cash balance stood at $21078.00 and cash and short-term investments were $21078.00. The company’s total short-term debt was $11,622 while long-term debt stood at $443514.00.
Progress Acquisition Corp’s total current assets stands at $128864.00 while long-term investments were $173.24 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $290091.00 and inventory worth $0.
In 2023, Progress Acquisition Corp's operating cash flow was $221271.00 while its capital expenditure stood at $0.
Comparatively, Progress Acquisition Corp paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Progress Acquisition Corp stock is currently trading at $0 per share. It touched a 52-week high of $0.3898 and a 52-week low of $0.3898. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $0.05 and 200-day moving average was $0.1 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.
Frequently Asked Questions About Progress Acquisition Corp
Progress Acquisition Corp. is a blank check company. The company was incorporated in 2020 and is based in Boston, Massachusetts.