Docoh
Loading...

NOVC Novation Companies

Novus Capital Corp. operates as a blank check company. It seeks to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more target businesses. The company was founded on March 5, 2020 and is headquartered in Indianapolis, IN.

Company profile

Ticker
NOVC
Exchange
CEO
Larry M. Paulson
Employees
Incorporated
Location
Fiscal year end
Former names
NOVASTAR FINANCIAL INC
SEC CIK
IRS number
742830661

NOVC stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

4 Mar 21
13 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 1.34M 1.34M 1.34M 1.34M 1.34M 1.34M
Cash burn (monthly) (positive/no burn) 57.67K 413K 761.75K (positive/no burn) 56.42K
Cash used (since last report) n/a 198.14K 1.42M 2.62M n/a 193.85K
Cash remaining n/a 1.14M -79.07K -1.28M n/a 1.15M
Runway (months of cash) n/a 19.8 -0.2 -1.7 n/a 20.3

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
11 Mar 21 David William Pointer Common Stock Sell Dispose S No No 0.042 794,043 33.35K 2,000,000
10 Mar 21 David William Pointer Common Stock Sell Dispose S No No 0.0467 1,263,078 58.99K 2,794,043
10 Mar 21 David William Pointer Common Stock Sell Dispose S No No 0.0411 205,957 8.46K 4,057,121
9 Mar 21 David William Pointer Common Stock Sell Dispose S No No 0.0707 210,290 14.87K 4,263,078
8 Mar 21 Amster Howard Common Stock Sell Dispose S No No 0.0773 250,000 19.33K 250,000
8 Mar 21 David William Pointer Common Stock Sell Dispose S No No 0.0773 526,632 40.71K 4,473,368
3 Feb 21 David William Pointer Common Stock Grant Aquire A No No 0 2,000,000 0 5,000,000
13 Nov 20 Igdaloff Barry Common Stock Sell Dispose S No No 0.02 2,109,579 42.19K 3,829,707

Financial report summary

?
Competition
Kelly Services
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: accuracy, alter, Banc, challenging, condensed, contributor, coverage, diagnosed, duration, environment, exposed, hamper, instrument, larger, layoff, onset, pandemic, permanent, Phenixfin, premium, prepaid, quarantined, rehired, safety, scale, segment, shut, strain, travel, TSR, vaccine
Removed: addressing, anticipatory, assumed, ASU, automatically, buyout, calculation, classified, compensatory, computation, confirmation, confirming, consecutive, consequential, consisted, coordinated, Corvisa, curve, dealing, defective, documentation, EBITA, effected, emergence, exploring, faith, favor, forecast, formula, fourth, FSB, gain, guaranteeing, guaranty, implied, lapse, lessee, letter, list, marketable, membership, notify, overcollateralization, potentially, precedent, prime, proof, reclassified, Rector, renewed, reorganization, repaid, resigned, resolution, retained, retrospective, revised, revolving, Richard, seller, shoretel, Society, subsequent, subsequently, supplemented, tied, vest, vesting, voluntary, Wilmington, withdrawn