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Lefteris Acquisition Past Earnings Performance

Past criteria checks 2/6

There is insufficient data on Lefteris Acquisition's performance over the last few years.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Capital Markets Industry Growth	10.26%
Revenue growth rate	n/a
Return on equity	n/a
Net Margin	n/a
Last Earnings Update	30 Jun 2022

Recent past performance updates

No updates

Recent updates

Seeking Alpha • Oct 11

SPAC Lefteris Acquisition to liquidate

SPAC Lefteris Acquisition (NASDAQ:LFTR) said Tuesday it will dissolve and liquidate as it will be unable to complete an initial business combination within the deadline. LFTR will redeem all outstanding class A shares included in the units issued in its IPO at a per-share redemption price of ~$10.06. As of business close on Oct. 24, the public shares will be deemed cancelled. Redemption of the shares is expected to be completed within ten business days after Oct. 23. LFTR's initial shareholders waived their redemption rights with respect to outstanding stock issued prior to its IPO. There will be no redemption rights or liquidating distributions with respect to LFTR's warrants, which will expire worthless.

Seeking Alpha • Sep 09

Lefteris Acquisition names Jon Isaacson as CEO in addition to CFO and Chief Corporate Development Officer

Lefteris Acquisition (NASDAQ:LFTR) has appointed current Chief Financial Officer and Chief Corporate Development Officer Jon Isaacson to the role of CEO effective September 8, 2022. He will add the responsibilities of CEO to his duties. Karl Roessner, the current CEO, will become Vice Chairman of Lefteris effective immediately and has accepted a new opportunity as CEO of Vestmark, a wealth technology innovation company.

Revenue & Expenses Breakdown

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

Earnings and Revenue History

NasdaqCM:LFTR Revenue, expenses and earnings (USD Millions)
Date	Earnings	G+A Expenses
30 Jun 22	9	3
31 Mar 22	7	3
31 Dec 21	12	4

Quality Earnings: LFTR has high quality earnings.

Growing Profit Margin: LFTR became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

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

Earnings vs Industry: LFTR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (2.4%).

Return on Equity

High ROE: LFTR'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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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/10/25 11:10
End of Day Share Price	2022/10/24 00:00
Earnings	2022/06/30
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Lefteris Acquisition Corp. is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.