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KAII

Kismet Acquisition Two NasdaqCM:KAII Stock Report

Last Price

US$9.91

Market Cap

US$289.9m

7D

0.1%

1Y

2.2%

Updated

05 Oct, 2022

Data

Company Financials
KAII fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health0/6
Dividends0/6

KAII Stock Overview

Kismet Acquisition Two Corp. does not have significant operations.

Kismet Acquisition Two Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kismet Acquisition Two
Historical stock prices
Current Share PriceUS$9.91
52 Week HighUS$9.93
52 Week LowUS$9.67
Beta0
1 Month Change0.20%
3 Month Change1.33%
1 Year Change2.17%
3 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Shareholder Returns

KAIIUS Capital MarketsUS Market
7D0.1%5.7%4.4%
1Y2.2%-20.7%-18.2%

Return vs Industry: KAII exceeded the US Capital Markets industry which returned -20.7% over the past year.

Return vs Market: KAII exceeded the US Market which returned -18.2% over the past year.

Price Volatility

Is KAII's price volatile compared to industry and market?
KAII volatility
KAII Average Weekly Movement0.2%
Capital Markets Industry Average Movement0.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: KAII is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: KAII's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/aDimitri Elkin

Kismet Acquisition Two Corp. does not have significant operations. The company intends to acquire, engage in a share exchange, share reconstruction and amalgamation, contractual control arrangement with, purchase all or substantially various assets of, or engage in any other similar initial business combination with one or more businesses or entities. Kismet Acquisition Two Corp. was incorporated in 2020 and is based in Newark, Delaware.

Kismet Acquisition Two Fundamentals Summary

How do Kismet Acquisition Two's earnings and revenue compare to its market cap?
KAII fundamental statistics
Market CapUS$289.87m
Earnings (TTM)US$9.14m
Revenue (TTM)n/a

31.7x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KAII income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$9.14m
EarningsUS$9.14m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-3.6%

How did KAII perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is KAII undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KAII?

Other financial metrics that can be useful for relative valuation.

KAII key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does KAII's PE Ratio compare to its peers?

KAII PE Ratio vs Peers
The above table shows the PE ratio for KAII vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average35x
SVNA 7 Acquisition
15.7xn/aUS$289.5m
TLGY TLGY Acquisition
78.2xn/aUS$290.0m
CMCA Capitalworks Emerging Markets Acquisition
12.8xn/aUS$290.7m
CBRG Chain Bridge I
26.3xn/aUS$290.1m
KAII Kismet Acquisition Two
31.7xn/aUS$289.9m

Price-To-Earnings vs Peers: KAII is good value based on its Price-To-Earnings Ratio (31.7x) compared to the peer average (35x).


Price to Earnings Ratio vs Industry

How does KAII's PE Ratio compare vs other companies in the US Capital Markets Industry?

Price-To-Earnings vs Industry: KAII is expensive based on its Price-To-Earnings Ratio (31.7x) compared to the US Capital Markets industry average (25.1x)


Price to Earnings Ratio vs Fair Ratio

What is KAII's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KAII PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KAII's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of KAII when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate KAII's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate KAII's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Kismet Acquisition Two forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.8%

Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kismet Acquisition Two has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Take a look at our analysis of KAII’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Kismet Acquisition Two performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


495.0%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: KAII has high quality earnings.

Growing Profit Margin: Insufficient data to determine if KAII's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if KAII'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 KAII's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: KAII earnings growth over the past year (495%) exceeded the Capital Markets industry 33.2%.


Return on Equity

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


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Financial Health

How is Kismet Acquisition Two's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KAII has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: KAII has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: KAII has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: KAII's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: KAII's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if KAII's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Kismet Acquisition Two current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Kismet Acquisition Two Dividend Yield vs Market
How does Kismet Acquisition Two dividend yield compare to the market?
SegmentDividend Yield
Company (Kismet Acquisition Two)n/a
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.5%
Industry Average (Capital Markets)2.8%
Analyst forecast in 3 Years (Kismet Acquisition Two)n/a

Notable Dividend: Unable to evaluate KAII's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KAII's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KAII's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KAII's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as KAII has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average board tenure


CEO

Dimitri Elkin (53 yo)

0.33yr

Tenure

Mr. Dimitri Elkin is CEO and Principal Financial & Accounting Officer at Kismet Acquisition Two Corp. from June 30, 2022. He serves as Chief Operating Officer at Twelve Seas Investment Company IV TMT since...


Board Members

Experienced Board: KAII's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of KAII?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders00%
Hedge Funds2,247,2037.7%
General Public3,972,43013.6%
Private Companies6,250,00021.4%
Institutions16,780,36757.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 73.77% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
21.37%
Kismet Sponsor Limited
6,250,000$61.9m0%no data
7.68%
Glazer Capital, LLC
2,247,203$22.3m10.96%0.58%
5.13%
Nomura Holdings Inc, Securities & Investment Arm
1,499,525$14.9m0%0.08%
3.84%
Marshall Wace LLP
1,122,787$11.1m0%0.03%
3.41%
Hudson Bay Capital Management LP
997,775$9.9m0%0.12%
3.24%
Periscope Capital Inc
948,800$9.4m-2.55%0.27%
2.9%
HSBC Global Asset Management (UK) Limited
848,513$8.4m0%0.01%
2.8%
Millennium Management LLC
819,814$8.1m3.65%0.01%
2.73%
Saba Capital Management, L.P.
799,785$7.9m6.67%0.11%
2.51%
Sculptor Capital Management, Inc.
734,301$7.3m3.63%0.1%
2.02%
Aristeia Capital, LLC
590,958$5.9m0%0.13%
1.71%
Radcliffe Capital Management, L.P.
500,000$5.0m0%0.18%
1.71%
Linden Advisors LP
500,000$5.0m0%0.3%
1.71%
Polar Asset Management Partners Inc.
499,998$5.0m0%0.09%
1.45%
Healthcare of Ontario Pension Plan Trust Fund
424,530$4.2m0%0.02%
1.37%
HBK Investments L.P.
400,902$4.0m0.22%0.36%
1.37%
Citadel Advisors LLC
400,000$4.0m0%0.01%
1.33%
Ghisallo Capital Management LLC
389,585$3.9m0%0.47%
0.85%
Citigroup Inc.,Banking and Securities Investments
250,002$2.5m0%no data
0.84%
Shaolin Capital Management LLC
246,730$2.4m0.61%0.12%
0.84%
D. E. Shaw & Co., L.P.
245,336$2.4m0%no data
0.78%
Fir Tree Capital Management LP
227,900$2.3m-8.84%0.08%
0.76%
Heights Capital Management, Inc.
221,931$2.2m0%0.15%
0.7%
Goldman Sachs Group, Investment Banking and Securities Investments
205,351$2.0m0%no data
0.7%
Moore Capital Management, LP
205,000$2.0m0%0.06%

Company Information

Kismet Acquisition Two Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Kismet Acquisition Two Corp.
  • Ticker: KAII
  • Exchange: NasdaqCM
  • Founded: 2020
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$289.868m
  • Shares outstanding: 29.25m

Location

  • Kismet Acquisition Two Corp.
  • 850 Library Avenue
  • Suite 204
  • Newark
  • Delaware
  • 19715
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KAII.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDFeb 2021
KAIINasdaqCM (Nasdaq Capital Market)YesClass A Ordinary SharesUSUSDApr 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/05 00:00
End of Day Share Price2022/10/05 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.