BYTS
Price:
$6.49
Market Cap:
$71.13M
BYTE Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its search for targets in the Israeli technology industry, including cybersecurity, automotive technology, fintech, enterprise software, cloud computing, semiconductors, medical technology, artificial intelligence, and robotics. The company was incorporated in 2021 and is based in New York, New York.[Read more]
Industry
Shell Companies
IPO Date
2021-05-10
Stock Exchange
NASDAQ
Ticker
BYTS
According to BYTE Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is -65.94%. This represents a change of 188.49% compared to the average of -22.86% of the last 4 quarters.
The mean historical ROE of BYTE Acquisition Corp. over the last ten years is 4.40%. The current -65.94% ROE has changed -1597.65% with respect to the historical average. Over the past ten years (40 quarters), BYTS's ROE was at its highest in in the March 2023 quarter at 27.35%. The ROE was at its lowest in in the September 2023 quarter at -101.39%.
Average
4.40%
Median
4.40%
Minimum
1.64%
Maximum
7.16%
Discovering the peaks and valleys of BYTE 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 = 336.15%
Maximum Annual ROE = 7.16%
Minimum Annual Increase = 0%
Minimum Annual ROE = 1.64%
Year | ROE | Change |
---|---|---|
2022 | 7.16% | 336.15% |
The current ROE of BYTE Acquisition Corp. (BYTS) 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
4.40%
5-year avg
4.40%
10-year avg
4.40%
BYTE Acquisition Corp.’s ROE is less than Patria Latin American Opportunity Acquisition Corp. (0%), less than Phoenix Biotech Acquisition Corp. (7.51%), less than Target Global Acquisition I Corp. (71.86%), greater than Power & Digital Infrastructure Acquisition II Corp. (-13.30%), less than Stratim Cloud Acquisition Corp. (-0.06%), less than OPY Acquisition Corp. I (3.86%), greater than Healthcare AI Acquisition Corp. (-1.47%), less than Metal Sky Star Acquisition Corporation (50.23%), less than Worldwide Webb Acquisition Corp. (10.73%), less than null (393.06%),
Company | ROE | Market cap |
---|---|---|
0% | $137.55M | |
7.51% | $36.47M | |
71.86% | $81.05M | |
-13.30% | $345.24M | |
-0.06% | $128.77M | |
3.86% | $55.45M | |
-1.47% | $58.54M | |
50.23% | $74.97M | |
10.73% | $25.25M | |
393.06% | $0 |
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How does the current ROE for BYTE Acquisition Corp. (BYTS) compare to its historical average?