Arrowroot Acquisition Corp.

Arrowroot Acquisition Corp.verified

ARRWU

Price:

$17

Market Cap:

$199.05M

Arrowroot Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire a business focusing on the enterprise software sector. The company was incorporated in 2020 and is based in Marina Del Rey, California.[Read more]

Industry

Shell Companies

IPO Date

2021-03-02

Stock Exchange

NASDAQ

Ticker

ARRWU

The ROE as of November 2024 (TTM) for Arrowroot Acquisition Corp. (ARRWU) is -3590.25%

According to Arrowroot Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is -3590.25%. This represents a change of 34.13% compared to the average of -2676.70% of the last 4 quarters.

Arrowroot Acquisition Corp. (ARRWU) Historical ROE (quarterly & annually)

How has ARRWU ROE performed in the past?

The mean historical ROE of Arrowroot Acquisition Corp. over the last ten years is 5.97%. The current -3590.25% ROE has changed -160.10% with respect to the historical average. Over the past ten years (40 quarters), ARRWU's ROE was at its highest in in the March 2024 quarter at 31.05%. The ROE was at its lowest in in the June 2024 quarter at -10743.28%.

Quarterly (TTM)
Annual

Average

5.97%

Median

12.47%

Minimum

1.83%

Maximum

23.87%

Arrowroot Acquisition Corp. (ARRWU) ROE by Quarter and Year

Discovering the peaks and valleys of Arrowroot 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 = 404.15%

Maximum Annual ROE = 23.87%

Minimum Annual Increase = -99.99%

Minimum Annual ROE = 1.83%

Quarterly (TTM)
Annual
YearROEChange
202320.81%404.15%
20224.13%125.15%
20211.83%-99.99%

Arrowroot Acquisition Corp. (ARRWU) Average ROE

How has ARRWU ROE performed in the past?

The current ROE of Arrowroot Acquisition Corp. (ARRWU) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.92%

5-year avg

5.97%

10-year avg

5.97%

Arrowroot Acquisition Corp. (ARRWU) ROE vs. Peers

How is ARRWU’s ROE compared to its peers?

Arrowroot Acquisition Corp.’s ROE is less than Anzu Special Acquisition Corp I (353.79%), less than Atlantic Coastal Acquisition Corp. (6.67%), greater than DHC Acquisition Corp. (-88.78%), less than Aurora Acquisition Corp. (13.08%), less than Digital Transformation Opportunities Corp. (8.26%),

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