Silver Spike III Acquisition (NEOE:SPKC.U) - Stock Price, News & Analysis

SPKC.U Stock Overview

Silver Spike III Acquisition Corp. does not have significant operations. More details

SPKC.U fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	0/6

Rewards

Became profitable this year

Risk Analysis

Makes less than USD$1m in revenue ($26K)

Negative shareholders equity

Shares are highly illiquid

Does not have a meaningful market cap ($37M)

+ 1 more risk

Silver Spike III Acquisition Corp. Competitors

Lorne Park Capital Partners

TSXV:LPC

CA$68.9m

Wilmington Capital Management

TSX:WCM.A

CA$39.2m

Pinetree Capital

TSX:PNP

CA$109.1m

Marwest Apartment Real Estate Investment Trust

TSXV:MAR.UN

CA$15.4m

Price History & Performance

Summary of all time highs, changes and price drops for Silver Spike III Acquisition
Historical stock prices
Current Share Price	US$10.27
52 Week High	US$10.74
52 Week Low	US$9.90
Beta	0
11 Month Change	2.29%
3 Month Change	2.60%
1 Year Change	2.70%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	7.54%

Recent updates

Shareholder Returns

	SPKC.U	CA Capital Markets	CA Market
7D	-1.4%	-1.5%	0.7%
1Y	2.7%	64.6%	21.7%

Return vs Industry: SPKC.U underperformed the Canadian Capital Markets industry which returned 8.8% over the past year.

Return vs Market: SPKC.U exceeded the Canadian Market which returned -0.8% over the past year.

Price Volatility

Is SPKC.U's price volatile compared to industry and market?
SPKC.U volatility
SPKC.U Average Weekly Movement	n/a
Capital Markets Industry Average Movement	5.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: SPKC.U has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SPKC.U's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Scott Gordon	www.silverspikecap.com

Silver Spike III Acquisition Corp. does not have significant operations. The company focuses on effecting an acquisition of one or more businesses or assets, by way of a merger, amalgamation, arrangement, share exchange, asset acquisition, share purchase, reorganization, or any other similar business combination in the cannabis sector and related industries, such as consumer packaged goods, health and wellness, technology, pharmaceuticals, manufacturing, distribution, logistics, and brand management. The company was incorporated in 2021 and is headquartered in New York, New York.

Silver Spike III Acquisition Corp. Fundamentals Summary

How do Silver Spike III Acquisition's earnings and revenue compare to its market cap?
SPKC.U fundamental statistics
Market cap	US$37.04m
Earnings (TTM)	US$1.54m
Revenue (TTM)	US$26.24k

24.1x

P/E Ratio

1,412x

P/S Ratio

Is SPKC.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPKC.U income statement (TTM)
Revenue	US$26.24k
Cost of Revenue	US$0
Gross Profit	US$26.24k
Other Expenses	-US$1.51m
Earnings	US$1.54m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.43
Gross Margin	100.00%
Net Profit Margin	5,857.79%
Debt/Equity Ratio	0%

How did SPKC.U perform over the long term?

See historical performance and comparison

Silver Spike III Acquisition NEOE:SPKC.U Stock Report