ACE Convergence Acquisition Corp - Class A logo

ACEV

ACE Convergence Acquisition Corp - Class A

$10.17

Earnings Summary

Revenue
$0Mn
Net Profits
$-1058490Mn
Net Profit Margins
-Inf%
PE Ratio
18.84

Highlights

Revenue:

ACE Convergence Acquisition Corp - Class A’s revenue jumped NaN% since last year same period to $0Mn in the Q1 2022. On a quarterly growth basis, ACE Convergence Acquisition Corp - Class A has generated NaN% jump in its revenue since last 3-months.

Net Profits:

ACE Convergence Acquisition Corp - Class A’s net profit fell -110918315.25% since last year same period to $-1058490Mn in the Q1 2022. On a quarterly growth basis, ACE Convergence Acquisition Corp - Class A has generated -27317639.15% fall in its net profits since last 3-months.

Net Profit Margins:

ACE Convergence Acquisition Corp - Class A’s net profit margin jumped NaN% since last year same period to -Inf% in the Q1 2022. On a quarterly growth basis, ACE Convergence Acquisition Corp - Class A has generated NaN% jump in its net profit margins since last 3-months.

PE Ratio:

ACE Convergence Acquisition Corp - Class A’s price-to-earnings ratio after this Q1 2022 earnings stands at 18.84.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the ACE Convergence Acquisition Corp - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0
EPS Estimate Current Year
0

Highlights

EPS Estimate Current Quarter:

ACE Convergence Acquisition Corp - Class A’s earning per share (EPS) estimates for the current quarter stand at 0 - a NaN% jump from last quarter’s estimates.

EPS Estimate Current Year:

ACE Convergence Acquisition Corp - Class A’s earning per share (EPS) estimates for the current year stand at 0.

Key Ratios

Key ratios of the ACE Convergence Acquisition Corp - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.06
Return on Assets (ROA)
-0.02
Return on Equity (ROE)
0
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

ACE Convergence Acquisition Corp - Class A’s earning per share (EPS) fell -67.22% since last year same period to -0.06 in the Q1 2022. This indicates that the ACE Convergence Acquisition Corp - Class A has generated -67.22% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. ACE Convergence Acquisition Corp - Class A’s return on assets (ROA) stands at -0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. ACE Convergence Acquisition Corp - Class A’s return on equity (ROE) stands at 0.

Dividend Per Share (DPS):

ACE Convergence Acquisition Corp - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2020-06-30
0
-0
-Inf%
2020-09-22
0
0.08
+Inf%

Company Information

Convergence Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus on businesses in the IT infrastructure software and semiconductor sector.

Organisation
ACE Convergence Acquisition Corp - Class A
Employees
4
Industry
Finance