Infinite Acquisition (NYSE:NFNT) - Stock Price, News & Analysis

NFNT Stock Overview

Infinite Acquisition Corp. does not have significant operations. More details

NFNT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	0/6
Dividends	0/6

Rewards

Became profitable this year

Risk Analysis

Makes less than USD$1m in revenue ($0)

Negative shareholders equity

Debt is not well covered by operating cash flow

Less than 3 years of financial data is available

Infinite Acquisition Corp. Competitors

Apollo Strategic Growth Capital II

NYSE:APGB

US$372.0m

Sierra Lake Acquisition

NasdaqCM:SIER

US$379.5m

ASA Gold and Precious Metals

NYSE:ASA

US$384.2m

GP-Act III Acquisition

NasdaqGM:GPAT

US$362.3m

Price History & Performance

Summary of all time highs, changes and price drops for Infinite Acquisition
Historical stock prices
Current Share Price	US$10.84
52 Week High	US$10.85
52 Week Low	US$10.05
Beta	0
11 Month Change	1.07%
3 Month Change	2.02%
1 Year Change	7.70%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	10.45%

Recent updates

Shareholder Returns

	NFNT	US Capital Markets	US Market
7D	0.1%	3.0%	2.2%
1Y	7.7%	57.6%	31.6%

Return vs Industry: NFNT matched the US Capital Markets industry which returned 8% over the past year.

Return vs Market: NFNT underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is NFNT's price volatile compared to industry and market?
NFNT volatility
NFNT Average Weekly Movement	0.3%
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
2021	n/a	Kevin Durant	www.infiniteacquisitioncorp.com

Infinite Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. Infinite Acquisition Corp. was incorporated in 2021 and is based in New York, New York.

Infinite Acquisition Corp. Fundamentals Summary

How do Infinite Acquisition's earnings and revenue compare to its market cap?
NFNT fundamental statistics
Market cap	US$373.81m
Earnings (TTM)	US$8.61m
Revenue (TTM)	n/a

43.4x

P/E Ratio

0.0x

P/S Ratio

Is NFNT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NFNT income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$8.61m
Earnings	US$8.61m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.25
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-4.2%

How did NFNT perform over the long term?

See historical performance and comparison

Infinite Acquisition NYSE:NFNT Stock Report