ACE Convergence Acquisition Corp.

NasdaqCM:ACEV Stock Report

Market Cap: US$83.1m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

ACE Convergence Acquisition Past Earnings Performance

Past criteria checks 0/6

Key information

19.8%

Earnings growth rate

-40.9%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth raten/a
Return on equityn/a
Net Marginn/a
Last Earnings Update30 Sep 2022

Recent past performance updates

No updates

Recent updates

Achronix Semiconductor reports Q1 results

May 04

Revenue & Expenses Breakdown

How ACE Convergence Acquisition makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:ACEV Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 220-350
30 Jun 2202770
31 Mar 2201670
31 Dec 210670
30 Sep 210-460

Quality Earnings: ACEV is currently unprofitable.

Growing Profit Margin: ACEV is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if ACEV's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare ACEV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ACEV is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (15.6%).


Return on Equity

High ROE: ACEV's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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