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Ross Acquisition Corp II (ROSS)

ROSS stock data

Calendar

15 Aug 22
24 Sep 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 69.82K 69.82K 69.82K 69.82K 69.82K 69.82K
Cash burn (monthly) 111.25K 144.87K 1.09M 384.13K 171.72K 109.08K
Cash used (since last report) 316.06K 411.57K 3.09M 1.09M 487.83K 309.9K
Cash remaining -246.24K -341.75K -3.02M -1.02M -418.01K -240.07K
Runway (months of cash) -2.2 -2.4 -2.8 -2.7 -2.4 -2.2

Beta Read what these cash burn values mean

25.2% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 3 2 +50.0%
Opened positions 1 1
Closed positions 0 38 EXIT
Increased positions 0 0
Reduced positions 0 0
13F shares Current Prev Q Change
Total value 84.94M 84.2M +0.9%
Total shares 8.7M 8.63M +0.9%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Ross Holding 8.63M $84.18M 0.0%
HRT Financial 74.96K $739K NEW
IFP Advisors 2K $20K 0.0%
Largest transactions Shares Bought/sold Change
HRT Financial 74.96K +74.96K NEW
IFP Advisors 2K 0 0.0%
Ross Holding 8.63M 0 0.0%

Financial report summary

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Management Discussion
  • Our entire activity from inception to June 30, 2022 was in preparation for our formation and the Initial Public Offering, and, subsequent to the Initial Public Offering, identifying a target company for a business combination. We will not be generating any operating revenues until the closing and completion of our Initial Business Combination, at the earliest.
  • For the three months ended June 30, 2022, we had net income of approximately $1.6 million, which consisted of approximately a $4.4 million in non-operating gain resulting from the change in fair value of derivative warrant liabilities and approximately $515,000 of income from investments held in trust account, partially offset by approximately $3.3 million in general and administrative expenses.
  • For the three months ended June 30, 2021, we had net income of approximately $9.1 million, which consisted of approximately a $9.2 million in non-operating gain resulting from the change in fair value of derivative warrant liabilities and approximately $5,000 of income from investments held in trust account, and partially offset by approximately $165,000 in general and administrative expenses.

Content analysis

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New words: clarify, conflict, depend, environment, foundation, global, highly, importance, inflation, introduce, outbreak, personnel, predicted, pronouncement, research, Russia, supply, tone, treat, understand, worldwide
Removed: misstatement, present
Proxies
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