Genesis Growth Tech Acquisition Corp.

Genesis Growth Tech Acquisition Corp.verified

GGAAU

Price:

$25

Market Cap:

$138.61M

Genesis Growth Tech Acquisition Corp. does not have significant operations. The company 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 efforts on identifying technology companies operating primarily within the consumer internet industry in Europe, Israel, the United Arab Emirates, or the United States. The company was incorporated in 2021 and is based in Hergiswil, Switzerland.[Read more]

Industry

Shell Companies

IPO Date

2021-12-09

Stock Exchange

NASDAQ

Ticker

GGAAU

The ROE as of December 2024 (TTM) for Genesis Growth Tech Acquisition Corp. (GGAAU) is 11.47%

According to Genesis Growth Tech Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is 11.47%. This represents a change of -155.24% compared to the average of -20.76% of the last 4 quarters.

Genesis Growth Tech Acquisition Corp. (GGAAU) Historical ROE (quarterly & annually)

How has GGAAU ROE performed in the past?

The mean historical ROE of Genesis Growth Tech Acquisition Corp. over the last ten years is -2.16%. The current 11.47% ROE has changed -631.56% with respect to the historical average. Over the past ten years (40 quarters), GGAAU's ROE was at its highest in in the September 2021 quarter at 27.72%. The ROE was at its lowest in in the June 2021 quarter at -376.81%.

Quarterly (TTM)
Annual

Average

-2.16%

Median

-0.05%

Minimum

-8.04%

Maximum

1.62%

Genesis Growth Tech Acquisition Corp. (GGAAU) ROE by Quarter and Year

Discovering the peaks and valleys of Genesis Growth Tech 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 = 0%

Maximum Annual ROE = 1.62%

Minimum Annual Increase = -3277.15%

Minimum Annual ROE = -8.04%

Quarterly (TTM)
Annual
YearROEChange
2023-8.04%-595.93%
20221.62%-3277.15%

Genesis Growth Tech Acquisition Corp. (GGAAU) Average ROE

How has GGAAU ROE performed in the past?

The current ROE of Genesis Growth Tech Acquisition Corp. (GGAAU) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-2.16%

5-year avg

-2.16%

10-year avg

-2.16%

Genesis Growth Tech Acquisition Corp. (GGAAU) ROE vs. Peers

How is GGAAU’s ROE compared to its peers?

Genesis Growth Tech Acquisition Corp.’s ROE is

CompanyROEMarket cap

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