LatAmGrowth SPAC

LatAmGrowth SPACverified

LATG

Price:

$11.5

Market Cap:

$82.71M

LatAmGrowth SPAC 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. It intends to focus its search for an initial business combination on businesses in Latin America or Hispanic-owned businesses in the United States. LatAmGrowth SPAC was incorporated in 2021 and is based in Mexico City, Mexico.[Read more]

Industry

Shell Companies

IPO Date

2022-03-21

Stock Exchange

NASDAQ

Ticker

LATG

The ROE as of September 2024 (TTM) for LatAmGrowth SPAC (LATG) is -6.91%

According to LatAmGrowth SPAC’s latest financial reports and current stock price. The company's current ROE is -6.91%. This represents a change of 228.48% compared to the average of -2.10% of the last 4 quarters.

LatAmGrowth SPAC (LATG) Historical ROE (quarterly & annually)

How has LATG ROE performed in the past?

The mean historical ROE of LatAmGrowth SPAC over the last ten years is 51.82%. The current -6.91% ROE has changed -113.34% with respect to the historical average. Over the past ten years (40 quarters), LATG's ROE was at its highest in in the December 2021 quarter at 97.29%. The ROE was at its lowest in in the December 2023 quarter at -8.55%.

Quarterly (TTM)
Annual

Average

51.82%

Median

16.29%

Minimum

1.03%

Maximum

138.15%

LatAmGrowth SPAC (LATG) ROE by Quarter and Year

Discovering the peaks and valleys of LatAmGrowth SPAC 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 = 138.15%

Minimum Annual Increase = -93.68%

Minimum Annual ROE = 1.03%

Quarterly (TTM)
Annual
YearROEChange
20231.03%-93.68%
202216.29%-88.21%

LatAmGrowth SPAC (LATG) Average ROE

How has LATG ROE performed in the past?

The current ROE of LatAmGrowth SPAC (LATG) 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

51.82%

5-year avg

51.82%

10-year avg

51.82%

LatAmGrowth SPAC (LATG) ROE vs. Peers

How is LATG’s ROE compared to its peers?

LatAmGrowth SPAC’s ROE is greater than OCA Acquisition Corp. (-12.11%), less than Portage Fintech Acquisition Corporation (2.49%), less than Swiftmerge Acquisition Corp. (2.51%), less than Four Leaf Acquisition Corporation (1.53%), less than A SPAC II Acquisition Corporation (9.44%), less than LIV Capital Acquisition Corp. II (3.10%), greater than IX Acquisition Corp. (-4.40%), greater than DHC Acquisition Corp. (-88.78%), less than Viveon Health Acquisition Corp. (17.03%), less than Senior Connect Acquisition Corp. I (66.88%), greater than Project Energy Reimagined Acquisition Corp. (-0.43%), less than LIV Capital Acquisition Corp. II (3.10%),

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Frequently asked questions❓

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How does the current ROE for LatAmGrowth SPAC (LATG) compare to its historical average?