CONX Corp.

CONX Corp.verified

CONXU

Price:

$9.01

Market Cap:

$183.45M

CONX 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 or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry. CONX Corp. was incorporated in 2020 and is based in Littleton, Colorado.[Read more]

Industry

Shell Companies

IPO Date

2020-10-30

Stock Exchange

NASDAQ

Ticker

CONXU

The ROE as of October 2024 (TTM) for CONX Corp. (CONXU) is 20.39%

According to CONX Corp.’s latest financial reports and current stock price. The company's current ROE is 20.39%. This represents a change of 1.20% compared to the average of 1.56% of the last 4 quarters.

CONX Corp. (CONXU) Historical ROE (quarterly & annually)

How has CONXU ROE performed in the past?

The mean historical ROE of CONX Corp. over the last ten years is 20.59%. The current 20.39% ROE has changed -0.95% with respect to the historical average. Over the past ten years (40 quarters), CONXU's ROE was at its highest in in the December 2023 quarter at 28.63%. The ROE was at its lowest in in the September 2023 quarter at -20.00%.

Quarterly (TTM)
Annual

Average

20.59%

Median

17.98%

Minimum

0.29%

Maximum

46.09%

CONX Corp. (CONXU) ROE by Quarter and Year

Discovering the peaks and valleys of CONX 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 = 1.56%

Maximum Annual ROE = 46.09%

Minimum Annual Increase = -28.01%

Minimum Annual ROE = 0.29%

Quarterly (TTM)
Annual
YearROEChange
202333.19%-28.01%
202246.09%1.56%
20212.77%848.63%

CONX Corp. (CONXU) Average ROE

How has CONXU ROE performed in the past?

The current ROE of CONX Corp. (CONXU) 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

27.35%

5-year avg

20.59%

10-year avg

20.59%

CONX Corp. (CONXU) ROE vs. Peers

How is CONXU’s ROE compared to its peers?

CONX Corp.’s ROE is greater than CF Acquisition Corp. IV (-2.96%), less than Better World Acquisition Corp. (0.22%), less than Aequi Acquisition Corp. (0.60%), less than Corner Growth Acquisition Corp. (47.79%), greater than East Resources Acquisition Company (-3.02%),

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