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Pono Capital Past Earnings Performance

Past criteria checks 1/6

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 Sep 2022

Recent past performance updates

No updates

Recent updates

Seeking Alpha • Sep 07

Air mobility company AERWINS to go public via $600M SPAC deal

AERWINS will go public in the U.S. via a merger with special purpose acquisition company Pono Capital (NASDAQ:PONO) in a deal that values the Japanese-American air mobility company at $600M. Middletown, Del.-based AERWINS Technologies is the parent company of A.L.I. Technologies, a Japanese corporation that produces a luxury hoverbike called Xturismo and runs a drone monitoring and management platform service called C.O.S.M.O.S. The deal values AERWINS at $600M, and is expected to result in a combined pro forma equity value of about $750M, PONO said in a statement on Wednesday. AERWINS will use the funds from the merger and from achieving a public listing for product manufacturing and to increase production capacity, pursue new research and development and to fund company operations. The transaction is expected to close in Q4 this year or Q1 2023, and AERWINS anticipates being listed on the Nasdaq under the symbol "AWIN" and "AWINW".

Seeking Alpha • Aug 10

SPAC Pono Capital scraps merger with Benuvia

SPAC Pono Capital (NASDAQ:PONO) said Wednesday it scrapped its plan of merger with Benuvia by mutual agreement. PONO will now seek an alternative business combination. The SPAC said Mehana Capital, an affiliate of its sponsor Mehana Equity, deposited $1.15M into its trust account for its public stockholders. This allows PONO to extend the deadline for completing a business combination to Nov. 11 from the earlier Aug. 13.

Revenue & Expenses Breakdown

How Pono Capital makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqCM:PONO Revenue, expenses and earnings (USD Millions)
Date	Earnings	G+A Expenses
30 Sep 22	9	2
30 Jun 22	8	1
31 Mar 22	7	1

Quality Earnings: PONO has high quality earnings.

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

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

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

Earnings vs Industry: Insufficient data to determine if PONO's earnings growth over the past year exceeded the Capital Markets industry average.

Return on Equity

High ROE: PONO'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	2023/02/05 04:18
End of Day Share Price	2023/02/03 00:00
Earnings	2022/09/30
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 world class team 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

Pono Capital 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.