Mars Acquisition Corp. - MARXU

MARXU Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
MARXU	0	0	-0.4	-2.1	-2.4	4.0	12.2	12.2	12.2	12.2
S&P 500	-1.3	-2.3	0.5	5.7	10.7	30.1	25.2	88.0	187.6	33142.5

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	MARXU
name	Mars Acquisition Corp.
price	11.22
changes percentage	0
change	0
day low	11.22
day high	11.25
year high	15
year low	10.72
market cap	49520884
price avg 50	11.19
price avg 200	11.03
exchange	NASDAQ
volume	500
avg volume	681
open	11.25
previous close	11.22
eps	None
pe	None
earnings announcement	None
shares outstanding	4409582
timestamp	2024-11-14 21:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 76.7%

Overall Quarterly Financial Health: 22.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001892922
revenue	0	0	NaN
gross profit	0	0	NaN
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	521582	2718	19,089.92
interest income	2207820	0	NaN
interest expense	0	0	NaN
ebitda	1686238	-2718	62,139.66
ebitdaratio	0	0	NaN
operating income	-521582	-2718	-19,089.92
operating income ratio	0	0	NaN
net income	1686238	-2718	62,139.66
net income ratio	0	0	NaN
eps	0.27	-0.0	90,100.00

Overall Score of Annual Income Statement

0.8 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 1 million in 2023 from 0 million in 2022 representing a change of 19089.92%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

• 📈 Positive Indicators

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 2 million in 2023 from 0 million in 2022 representing a change of 62139.66%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to -1 million in 2023 from 0 million in 2022 representing a change of -19089.92%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 2 million in 2023 from 0 million in 2022 representing a change of 62139.66%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.27 in 2023 from 0.27 in 2022 representing a change of 90100.0%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0001892922
revenue	0	0	NaN
gross profit	0	-126287	100.00
gross profit ratio	0	0	NaN
research and development expenses	0	0	NaN
operating expenses	322770	126287	155.58
interest income	0	0	NaN
interest expense	0	0	NaN
ebitda	-322770	128015	-352.13
ebitdaratio	0	0	NaN
operating income	-322770	-126290	-155.58
operating income ratio	0	0	NaN
net income	-101846	128016	-179.56
net income ratio	0	0	NaN
eps	-0.04	0.02	-300.00

Overall Score of Quarterly Income Statement

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 100.0%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Income: Operating income increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -155.58%. The increase in operating income indicates better operational performance and increased profitability.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 155.58%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -352.13%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Net Income: Net income decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -179.56%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to -0.04 in 2024Q3 from -0.04 in 2024Q2 representing a change of -300.0%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001892922
total assets	72915777	205260	35,423.62
total liabilities	16363	230470	-92.90
total equity	72899414	-25210	289,268.64
cash and cash equivalents	178793	0	NaN
short term investments	0	0	NaN
long term investments	0	0	NaN
total current assets	72915777	0	NaN
total non current assets	0	205260	-100.00
total current liabilities	16363	230470	-92.90
total non current liabilities	0	228246	-100.00
common stock	72588119	216	33,605,510.65
retained earnings	311295	-50210	719.99
total debt	0	228246	-100.00

Overall Score of Annual Balance Sheet

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 73 million in 2023 from 0 million in 2022 representing a change of 35423.62%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 0 million in 2023 from 0 million in 2022 representing a change of -92.9%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 73 million in 2023 from 0 million in 2022 representing a change of 289268.64%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 0 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 73 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 0 million in 2023 from 0 million in 2022 representing a change of -92.9%. This indicates a lower short-term debt burden.

  Common Stock: Common Stock increased to 73 in 2023 from 0 in 2022 representing a change of 33605510.65%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 0 million in 2023 from 0 million in 2022 representing a change of 719.99%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 0 million in 2023 from 0 million in 2022 representing a change of -100.0%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0001892922
total assets	23101425	22878358	0.98
total liabilities	891565	566652	57.34
total equity	22209860	22311706	-0.46
cash and cash equivalents	206762	291544	-29.08
short term investments	0	0	NaN
long term investments	22836871	22534939	1.34
total current assets	23101425	343419	6,626.89
total non current assets	22836871	22534938	1.34
total current liabilities	891565	566652	57.34
total non current liabilities	0	0	NaN
common stock	22837170	22535238	1.34
retained earnings	-627310	-223532	-180.64
total debt	452088	256079	76.54

Overall Score of Quarterly Balance Sheet

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 23 million in 2024Q3 from 23 million in 2024Q2 representing a change of 0.98%. Suggesting a growth in asset holdings.

  Total Current Assets: Total Current Assets increased to 23 million in 2024Q3 from 0 million in 2024Q2 representing a change of 6626.89%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 23 in 2024Q3 from 23 in 2024Q2 representing a change of 1.34%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 1 million in 2024Q3 from 1 million in 2024Q2 representing a change of 57.34%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 22 million in 2024Q3 from 22 million in 2024Q2 representing a change of -0.46%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -29.08%. This indicates a decrease in available liquid assets.

  Total Current Liabilities: Total Current Liabilities increased to 1 million in 2024Q3 from 1 million in 2024Q2 representing a change of 57.34%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to -1 million in 2024Q3 from 0 million in 2024Q2 representing a change of -180.64%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 76.54%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0001892922
net change in cash	178793	-143161	224.89
operating cash flow	-656607	0	NaN
free cash flow	-656610	0	NaN
capital expenditure	-3	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	-70380000	0	NaN
debt repayment	-228246	143161	-259.43
common stock issued	72910000	24875	293,005.53
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	71215400	-143161	49,844.97
cash at end of period	178793	-143161	224.89
accounts receivables	0	0	NaN
cash at beginning of period	0	0	NaN

Overall Score of Annual Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 0 million in 2023 from 0 million in 2022 representing a change of 224.89%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to 0 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to -1 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -1 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates a decrease in cash generated after accounting for capital expenditures.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0001892922
operating cash flow	-229782	-39519	-481.45
free cash flow	-229782	-39519	-481.45
capital expenditure	0	0	NaN
depreciation and amortization	0	0	NaN
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	0	0	NaN
net cash used for investing activites	0	51616246	-100.00
debt repayment	145000	199923	-27.47
common stock issued	0	0	NaN
common stock repurchased	0	-51616246	100.00
dividends paid	0	0	NaN
net cash used provided by financing activities	145000	-51416323	100.28
net change in cash	-84782	160404	-152.86
cash at end of period	206762	291544	-29.08
cash at beginning of period	291544	131140	122.32

Overall Score of Quarterly Cashflow Statement

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -152.86%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -481.45%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of -481.45%. This indicates a decrease in cash generated after accounting for capital expenditures.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-09-30	2022-09-30	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	0	0	NaN
net income per share	0.27	-0.0	79,425.71
operating cash flow per share	-0.1	0	NaN
free cash flow per share	-0.1	0	NaN
cash per share	0.03	0	NaN
book value per share	11.51	-0.0	369,839.40
tangible book value per share	11.51	-0.0	369,839.40
shareholders equity per share	11.51	-0.0	369,839.40
interest debt per share	0	0.03	-100.00
market cap	66412190	67374685	-1.43
enterprise value	66233397	67602931	-2.03
pe ratio	39.38	-24788.33	100.16
price to sales ratio	0	0	NaN
pocfratio	-101.14	0	NaN
pfcf ratio	-101.14	0	NaN
pb ratio	0.91	-2672.54	100.03
ptb ratio	0.91	-2672.54	100.03
ev to sales	0	0	NaN
enterprise value over ebitda	39.28	-24872.31	100.16
ev to operating cash flow	-100.87	0	NaN
ev to free cash flow	-100.87	0	NaN
earnings yield	0.03	-0.0	63,038.79
free cash flow yield	-0.01	0	NaN
debt to equity	0	-9.05	100.00
debt to assets	0	1.11	-100.00
net debt to ebitda	-0.11	-83.98	99.87
current ratio	4456.14	0	NaN
interest coverage	0	0	NaN
income quality	-0.39	0	NaN
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	-0.0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	8.31	0.0	171,159.57
roic	-0.01	-0.01	46.54
return on tangible assets	0.02	-0.01	274.64
graham net net	0.03	-0.03	190.11
working capital	72899414	-230470	31,730.76
tangible asset value	72899414	-25210	289,268.64
net current asset value	72899414	-230470	31,730.76
invested capital	72899414	-230470	31,730.76
average receivables	0	0	NaN
average payables	0	0	NaN
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	0.02	0.11	-78.55
capex per share	0.0	0	NaN

• Negative

  ROE: Return on Equity (ROE) decreased to 0.02 on 2023-09-30 from 0.11 on 2022-09-30, representing a change of -78.55%. Suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 39.38 on 2023-09-30 from -24788.33 on 2022-09-30, representing a change of 100.16%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.00 on 2023-09-30 from -9.05 on 2022-09-30, representing a change of 100.00%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q3	2024-03-31 Q2	Q/Q change %
MARXU
calendar year	2024	2024	NaN
revenue per share	0	0	NaN
net income per share	-0.04	0.02	-299.86
operating cash flow per share	-0.1	-0.01	-1,360.67
free cash flow per share	-0.1	-0.01	-1,360.67
cash per share	0.09	0.05	78.16
book value per share	9.29	3.71	150.07
tangible book value per share	9.29	3.71	150.07
shareholders equity per share	9.29	3.71	150.07
interest debt per share	0.19	0.04	343.50
market cap	25761840	64116232.73	-59.82
enterprise value	26007166	64080767.73	-59.42
pe ratio	-63.24	125.21	-150.50
price to sales ratio	0	0	NaN
pocfratio	-112.11	-1622.42	93.09
pfcf ratio	-112.11	-1622.42	93.09
pb ratio	1.16	2.87	-59.64
ptb ratio	1.16	2.87	-59.64
ev to sales	0	0	NaN
enterprise value over ebitda	-80.57	500.57	-116.10
ev to operating cash flow	-113.18	-1621.52	93.02
ev to free cash flow	-113.18	-1621.52	93.02
earnings yield	-0.0	0.0	-298.00
free cash flow yield	-0.01	-0.0	-1,347.11
debt to equity	0.02	0.01	77.35
debt to assets	0.02	0.01	74.84
net debt to ebitda	-0.76	-0.28	-174.35
current ratio	25.91	0.61	4,175.41
interest coverage	0	0	NaN
income quality	2.26	-0.31	830.85
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0	0	NaN
capex to operating cash flow	0	0	NaN
capex to revenue	0	0	NaN
capex to depreciation	0	0	NaN
stock based compensation to revenue	0	0	NaN
graham number	2.98	1.33	123.56
roic	-0.01	-0.01	-154.51
return on tangible assets	-0.0	0.01	-178.79
graham net net	-0.29	-0.05	-525.32
working capital	22209860	-223233	10,049.18
tangible asset value	22209860	22311706	-0.46
net current asset value	22209860	-223233	10,049.18
invested capital	22209860	-223233	10,049.18
average receivables	0	0	NaN
average payables	0	0	NaN
average inventory	0	0	NaN
days sales outstanding	0	0	NaN
days payables outstanding	0	0	NaN
days of inventory on hand	0	0	NaN
receivables turnover	0	0	NaN
payables turnover	0	0	NaN
inventory turnover	0	0	NaN
roe	-0.0	0.01	-179.92
capex per share	0	0	NaN

• Negative

  ROE: Return on Equity (ROE) decreased to -0.00 on 2024-06-30 Q3 from 0.01 on 2024-03-31 Q2, representing a change of -179.92%. Suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to -63.24 on 2024-06-30 Q3 from 125.21 on 2024-03-31 Q2, representing a change of -150.50%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 25.91 on 2024-06-30 Q3 from 0.61 on 2024-03-31 Q2, representing a change of 4175.41%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.02 on 2024-06-30 Q3 from 0.01 on 2024-03-31 Q2, representing a change of 77.35%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None