ADEX
Price:
$5.38
Market Cap:
$68.07M
Adit EdTech Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.[Read more]
Industry
Shell Companies
IPO Date
2021-03-03
Stock Exchange
NYSE
Ticker
ADEX
According to Adit EdTech Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is -53.24%. This represents a change of 111.12% compared to the average of -25.22% of the last 4 quarters.
The mean historical ROE of Adit EdTech Acquisition Corp. over the last ten years is -0.57%. The current -53.24% ROE has changed 9.30% with respect to the historical average. Over the past ten years (40 quarters), ADEX's ROE was at its highest in in the September 2022 quarter at 38.51%. The ROE was at its lowest in in the June 2024 quarter at -72.86%.
Average
-0.57%
Median
43.19%
Minimum
-251.50%
Maximum
104.43%
Discovering the peaks and valleys of Adit EdTech Acquisition Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 61.52%
Maximum Annual ROE = 104.43%
Minimum Annual Increase = -141.52%
Minimum Annual ROE = -251.50%
Year | ROE | Change |
---|---|---|
2023 | 31.28% | -55.15% |
2022 | 69.76% | 61.52% |
2021 | 43.19% | -58.64% |
2020 | 104.43% | -141.52% |
The current ROE of Adit EdTech Acquisition Corp. (ADEX) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
48.08%
5-year avg
-0.57%
10-year avg
-0.57%
Adit EdTech Acquisition Corp.’s ROE is less than Aurora Acquisition Corp. (10.07%), greater than Alset Capital Acquisition Corp. (-0.94%), less than DA32 Life Science Tech Acquisition Corp. (0%), less than Ault Disruptive Technologies Corporation (19.40%), greater than ARYA Sciences Acquisition Corp IV (-9.73%), greater than Genesis Unicorn Capital Corp. (-1.22%), greater than LAMF Global Ventures Corp. I (-37.58%), less than Digital Transformation Opportunities Corp. (16.21%), less than Industrial Tech Acquisitions II, Inc. (5.73%), less than Conyers Park III Acquisition Corp. (2.29%), less than Magnum Opus Acquisition Limited (19.75%),
Company | ROE | Market cap |
---|---|---|
10.07% | $140.53M | |
-0.94% | $17.60M | |
0% | $264.19M | |
19.40% | $33.39M | |
-9.73% | $50.04M | |
-1.22% | $0 | |
-37.58% | $101.31M | |
16.21% | $262.55M | |
5.73% | $61.99M | |
2.29% | $459.64M | |
19.75% | $125.17M |
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