MLAI

McLaren Technology Acquisition NasdaqGM:MLAI.U Stock Report

Last Price

US$10.40

Market Cap

US$261.4m

7D

-0.2%

1Y

3.6%

Updated

07 Mar, 2023

Data

Company Financials

McLaren Technology Acquisition Corp.

NasdaqGM:MLAI.U Stock Report

Market Cap: US$261.4m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

MLAI.U Stock Overview

McLaren Technology Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses.

MLAI.U fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

McLaren Technology Acquisition Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for McLaren Technology Acquisition
Historical stock prices
Current Share PriceUS$10.40
52 Week HighUS$10.97
52 Week LowUS$9.98
Beta0
1 Month Change1.91%
3 Month Change2.36%
1 Year Change3.64%
3 Year Changen/a
5 Year Changen/a
Change since IPO3.28%

Recent News & Updates

Recent updates

Shareholder Returns

MLAI.UUS Capital MarketsUS Market
7D-0.2%0.8%0.5%
1Y3.6%31.7%25.8%

Return vs Industry: MLAI.U exceeded the US Capital Markets industry which returned -0.3% over the past year.

Return vs Market: MLAI.U exceeded the US Market which returned -5.5% over the past year.

Price Volatility

Is MLAI.U's price volatile compared to industry and market?
MLAI.U volatility
MLAI.U Average Weekly Movementn/a
Capital Markets Industry Average Movement3.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
2021n/aSajan Pillai

McLaren Technology Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on companies within the banking, financial services, and insurance sector that leverage artificial intelligence, machine learning, digital, technology, and fintech. The company was incorporated in 2021 and is based in Irvine, California.

McLaren Technology Acquisition Corp. Fundamentals Summary

How do McLaren Technology Acquisition's earnings and revenue compare to its market cap?
MLAI.U fundamental statistics
Market capUS$261.37m
Earnings (TTM)-US$189.36k
Revenue (TTM)n/a

0.0x

P/S Ratio

-1,380x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MLAI.U income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$189.36k
Earnings-US$189.36k

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.0075
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did MLAI.U perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.