TMTSU
TMTSU
Spartacus Acquisition CorporationIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2021 | $0 | $861.88K ▼ | $-15.03M ▲ | 0% | $-0.6 ▲ | $-7.95M ▲ |
| Q2-2021 | $0 | $2.02M ▲ | $-18.54M ▼ | 0% | $-2.39 ▼ | $-10.28M ▼ |
| Q1-2021 | $0 | $650.16K ▲ | $12.33M ▲ | 0% | $1.48 ▲ | $5.84M ▲ |
| Q4-2020 | $0 | $-154.16K | $-154.16K | 0% | $-0.02 | $-154.16K |
What's going well?
Losses are shrinking, with operating and net losses both smaller than last quarter. The company may be controlling costs better.
What's concerning?
No revenue at all, ongoing heavy losses, and a big jump in share count that hurts existing shareholders. Results are also muddied by large non-operating expenses and taxes.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2021 | $36.14K ▼ | $203.32M ▼ | $41.68M ▲ | $161.64M ▼ |
| Q2-2021 | $141.51K ▼ | $203.56M ▼ | $33.98M ▲ | $169.58M ▼ |
| Q1-2021 | $306.22K ▼ | $203.91M ▼ | $23.98M ▲ | $179.93M ▼ |
| Q4-2020 | $1.01M ▲ | $204.2M ▲ | $7.1M ▲ | $197.1M ▲ |
| Q3-2020 | $117.5K | $155K | $130.88K | $23.13K |
What's financially strong about this company?
The company has very little debt compared to its assets, and shareholder equity is still positive and much larger than liabilities. There's no goodwill or intangible asset risk.
What are the financial risks or weaknesses?
Cash is dangerously low, current liabilities are much higher than current assets, and the company is running historical losses. Equity is shrinking, and they may need to raise more money soon.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2021 | $-7.95M ▲ | $-405.37K ▲ | $0 | $300K ▲ | $-105.37K ▲ | $-405.37K ▲ |
| Q2-2021 | $-10.28M ▼ | $-464.71K ▲ | $0 | $0 | $-164.71K ▲ | $-464.71K ▲ |
| Q1-2021 | $5.84M | $-700.91K | $0 | $0 | $-700.91K | $-700.91K |
What's strong about this company's cash flow?
Cash burn is shrinking quarter over quarter, and most reported losses are non-cash accounting items rather than real cash outflows.
What are the cash flow concerns?
The company is still losing real cash every quarter, has almost no cash left, and now relies on outside funding to survive. Without new funding, the runway is extremely short.
About Spartacus Acquisition Corporation
http://www.spartacus-ac.comSpartacus Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Duluth, Georgia.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2021 | $0 | $861.88K ▼ | $-15.03M ▲ | 0% | $-0.6 ▲ | $-7.95M ▲ |
| Q2-2021 | $0 | $2.02M ▲ | $-18.54M ▼ | 0% | $-2.39 ▼ | $-10.28M ▼ |
| Q1-2021 | $0 | $650.16K ▲ | $12.33M ▲ | 0% | $1.48 ▲ | $5.84M ▲ |
| Q4-2020 | $0 | $-154.16K | $-154.16K | 0% | $-0.02 | $-154.16K |
What's going well?
Losses are shrinking, with operating and net losses both smaller than last quarter. The company may be controlling costs better.
What's concerning?
No revenue at all, ongoing heavy losses, and a big jump in share count that hurts existing shareholders. Results are also muddied by large non-operating expenses and taxes.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2021 | $36.14K ▼ | $203.32M ▼ | $41.68M ▲ | $161.64M ▼ |
| Q2-2021 | $141.51K ▼ | $203.56M ▼ | $33.98M ▲ | $169.58M ▼ |
| Q1-2021 | $306.22K ▼ | $203.91M ▼ | $23.98M ▲ | $179.93M ▼ |
| Q4-2020 | $1.01M ▲ | $204.2M ▲ | $7.1M ▲ | $197.1M ▲ |
| Q3-2020 | $117.5K | $155K | $130.88K | $23.13K |
What's financially strong about this company?
The company has very little debt compared to its assets, and shareholder equity is still positive and much larger than liabilities. There's no goodwill or intangible asset risk.
What are the financial risks or weaknesses?
Cash is dangerously low, current liabilities are much higher than current assets, and the company is running historical losses. Equity is shrinking, and they may need to raise more money soon.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2021 | $-7.95M ▲ | $-405.37K ▲ | $0 | $300K ▲ | $-105.37K ▲ | $-405.37K ▲ |
| Q2-2021 | $-10.28M ▼ | $-464.71K ▲ | $0 | $0 | $-164.71K ▲ | $-464.71K ▲ |
| Q1-2021 | $5.84M | $-700.91K | $0 | $0 | $-700.91K | $-700.91K |
What's strong about this company's cash flow?
Cash burn is shrinking quarter over quarter, and most reported losses are non-cash accounting items rather than real cash outflows.
What are the cash flow concerns?
The company is still losing real cash every quarter, has almost no cash left, and now relies on outside funding to survive. Without new funding, the runway is extremely short.
CEO
Igor Volshteyn
Compensation Summary
(Year )
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