Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
$1.667M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1.18%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$20.03M
Q3 2024
Cash
Q3 2024
P/E
31.23
Nov 13, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.062M $354.0K $3.230K
YoY Change 200.03% 10860.99%
Operating Profit -$1.062M -$354.0K
YoY Change 200.02%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $3.487M $764.7K
YoY Change 355.95%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income $2.424M $410.7K -$3.230K
YoY Change 490.38% -12813.62%
Income Tax
% Of Pretax Income
Net Earnings $2.424M $410.6K -$3.230K
YoY Change 490.38% -12813.5%
Net Earnings / Revenue
Basic Earnings Per Share -$0.08
Diluted Earnings Per Share $0.27 -$0.08 $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $5.310K $403.0K $4.600K
YoY Change -98.68% 8661.09%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $164.5K
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $5.310K $403.5K $169.1K
YoY Change -98.68% 138.7%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $56.23M $76.54M $0.00
YoY Change -26.54%
Other Assets $0.00
YoY Change
Total Long-Term Assets $56.23M $76.54M $0.00
YoY Change -26.54%
Total Assets $56.24M $76.94M $169.1K
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $1.077M $157.1K $0.00
YoY Change 585.93%
Deferred Revenue
YoY Change
Short-Term Debt $400.1K $0.00 $147.3K
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.532M $157.1K $147.3K
YoY Change 875.43% 6.63%
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.588M $2.588M
YoY Change 0.0%
Total Long-Term Liabilities $2.588M $2.588M $0.00
YoY Change 0.0%
Total Liabilities $4.119M $2.745M $147.3K
YoY Change 50.09% 1763.49%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 4.899M
Diluted Shares Outstanding 4.899M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $52.071 Million

About Embrace Change Acquisition Corp

Embrace Change Acquisition Corp. is a blank check company. The company is headquartered in San Diego, California and currently employs 2 full-time employees. The company went IPO on 2022-08-10. The firm is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities. The firm intends to pursue a business combination target in any business or industry. The firm is neither engaged in any operations nor generated any revenues.

Industry: Blank Checks Peers: