The Motley Fool

NOVEMBER 1, 2024

SoFi Technologies (NASDAQ: SOFI) , a provider of online financial services, went public by merging with a special purpose acquisition company ( SPAC ) on June 1, 2021. Like many other SPAC-backed start-ups, SoFi lost its luster after it missed its own ambitious pre-merger forecasts. million at the end of 2020 to 8.77

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The Motley Fool

AUGUST 25, 2023

The pipeline company kept its payout flat from the start of 2020 until earlier this year, when it provided investors with a modest 2% raise. at the end of 2020 to 3.25 In addition, the midstream company expects the merger will increase its free cash flow per share by an average of more than 20% from 2024 to 2027. by mid-2023.

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The Motley Fool

SEPTEMBER 4, 2024

after it went public by merging with a special purpose acquisition company ( SPAC ) in December 2020 and reached its record high of $35.88 Metric 2020 2021 2022 2023 Revenue $2.6 Metric 2020 2021 2022 2023 Revenue $2.6 Opendoor (NASDAQ: OPEN) has been a tough stock to own over the past few years. billion $8.0 billion $15.6

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The Motley Fool

SEPTEMBER 20, 2024

The maker of electric semi-trucks was a red-hot stock during the buying frenzy in speculative stocks in 2020, but it ran out of juice after it missed its production forecasts. Therefore, Nikola could need to take on a lot more debt and keep diluting its shares to stay solvent. What happened to Nikola over the past three years?

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The Motley Fool

AUGUST 23, 2024

After acquiring just over 2,000 properties from the merger with Spirit Realty, Realty Income's property portfolio has grown to around 15,500 properties. Assuming the lower interest rates allow Realty Income to refinance debt or fund more projects and acquisitions, lower rates should help boost profits.

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The Motley Fool

MAY 17, 2024

First, 3M saddled Solventum with debt to shore up the balance sheet of the former as it faces multibillion-dollar legal settlements. Wall Street expects Solventum to end the year with $7 billion in net debt, and servicing the interest on the debt is eating into FCF. In 2020, 3M sold the majority of its drug delivery business.

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The Motley Fool

OCTOBER 31, 2024

Joby Aviation (NYSE: JOBY) , a developer of electric vertical take off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) on Aug. Like many other SPAC-backed start-ups, Joby disappointed its early investors by missing its own pre-merger estimates by a mile.

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The Motley Fool

NOVEMBER 26, 2023

The company first bought shares in Q3 2020, cut the position in 2021, then began building it up again in Q3 2021. million 2/16/2021 12/31/2020 0 11/16/2020 9/30/2020 Data source: Berkshire Hathaway SEC Filings. million 2/16/2021 12/31/2020 0 11/16/2020 9/30/2020 Data source: Berkshire Hathaway SEC Filings.

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The Motley Fool

OCTOBER 31, 2024

When Lucid (NASDAQ: LCID) went public by merging with a special purpose acquisition company (SPAC) three years ago, some bullish investors believed the luxury electric vehicle maker could become the next Tesla (NASDAQ: TSLA). Lucid's stock soared to a post-merger high of $55.52 16, 2021, and boosted its market cap to $91.4

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The Motley Fool

AUGUST 18, 2024

MTY Food Group: A serial acquirer MTY Food Group has made 50 acquisitions since 1999, including 27 over the last decade. While companies that rely upon megamergers or one-off jumbo acquisitions to fuel their growth often disappoint, serial acquirers like MTY often prove to be outperforming propositions. percentage points.

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The Motley Fool

OCTOBER 11, 2024

In its August investor presentation, management said it had no debt on its balance sheet and a cash balance of $895 million. But given the recent acquisition, it might not issue another special dividend until 2026. Exxon's merger with Pioneer Natural Resources boosted its Permian output to 1.3

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The Motley Fool

NOVEMBER 9, 2024

In August 2020, Salesforce replaced ExxonMobil in the Dow. A company can pay down debt or keep excess earnings in cash and cash equivalents or marketable securities. It can engage in mergers and acquisitions (M&A), and companies can pour money back into the business to drive organic growth.

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The Motley Fool

DECEMBER 1, 2023

Shares of the home robotics company, best known for its Roomba line of robotic vacuums, soared nearly 40% last Friday after Reuters reported that Amazon was finally poised to receive unconditional European Union antitrust approval to complete the acquisition. and Europe promptly voiced concerns. per share (though the deal's $1.7

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The Motley Fool

NOVEMBER 30, 2023

Opendoor (NASDAQ: OPEN) seemed like a promising growth stock when it went public by merging with a special purpose acquisition company (SPAC) in Dec. In 2020, the pandemic caused its home sales to grind to a halt. Metric 2020 2021 2022 9M 2023 Revenue $2.6 But its high debt-to-equity ratio of 2.9, billion $8.0 billion $6.1

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The Motley Fool

DECEMBER 26, 2023

Those rate hikes put a damper on markets, and companies have been hesitant to issue debt amid uncertainty about where rates will go from here. Debt issuance dropped off significantly last year When inflation first began to pick up in 2021, the Fed was slow to respond. Debt issuances by companies plummeted, and Moody's felt the impact.

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The Motley Fool

SEPTEMBER 28, 2024

ConocoPhillips' medium-term plan During the past year, there has been a flurry of mergers and acquisitions (M&A) in the oil patch. Lower interest rates make borrowing costs cheaper, which allows ConocoPhillips to refinance debt if needed or take on new debt at a lower rate. Here's why the dividend stock is a buy now.

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The Motley Fool

JUNE 22, 2024

But UPS said that it will rely on organic growth and acquisitions to drive the segment -- putting pressure on the company's ability to execute. They have announced splashy mergers and acquisitions (M&A) in the pursuit of boosting cash flow to accelerate growth and their capital return programs.

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The Motley Fool

APRIL 5, 2024

Capital discipline ConocoPhillips has a track record of making timely acquisitions and not getting too caught up in whatever its peers are doing. In January 2021 it completed its acquisition of Concho Resources when the industry was still recovering from a downturn. The company's regimented approach leads to lasting financial health.

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The Motley Fool

AUGUST 24, 2023

That all came to a head in 2020 when deteriorating market conditions during the pandemic left the midstream company with no choice other than to slash its distribution so it could retain additional cash to shore up its finances. The acquisition will enhance Energy Transfer's ability to pay distributions. billion all-equity deal.

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The Motley Fool

APRIL 10, 2024

Its debt-to-equity ratio spiked above 0.40 in 2020 -- which isn't terribly high -- and then quickly fell as the industry recovered. And since Devon hasn't made a big acquisition, buying back stock could be a good use of capital. But we'll just have to wait and see how the company wants to allocate capital post-merger.

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The Motley Fool

JULY 13, 2024

Like the Anadarko deal before it, Occidental is using a lot of debt to fund its CrownRock purchase. A sensible swap Occidental Petroleum has been among the many participants in a wave of mergers sweeping across the oil sector over the past year. billion of new debt and assuming CrownRock's $1.2 It's issuing $9.1

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The Motley Fool

JUNE 16, 2023

Energy Transfer, on the other hand, cut its distribution in half in 2020 as the energy industry faced difficult times during the early days of the pandemic. For example, its ratio of debt to EBITDA ( earnings before interest, taxes, depreciation, and amortization ) is generally among the lowest of its closest peer group.

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The Motley Fool

SEPTEMBER 21, 2023

A challenging past and present Nikola hit public markets through a reverse merger with a special purpose acquisition company (SPAC) in June 2020. million in cash on its balance sheet, Nikola must raise external capital (issuing debt or new shares) to maintain operations. With just $226.7 billion to raise capital.

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The Motley Fool

AUGUST 29, 2023

Many electric vehicle (EV) start-ups went public by merging with special purpose acquisition companies (SPACs) in 2020. One of those fallen EV stocks is Canoo (NASDAQ: GOEV) , which dropped from its pre-merger high of $22 per share on Dec. 10, 2020 to its current price of about $0.64. Army, and NASA for testing purposes.

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The Motley Fool

DECEMBER 11, 2023

The macro headwinds also throttled the growth of its enterprise-facing services, while its widening losses and soaring debt forced it to eliminate its dividend last November. Metric 2020 2021 2022 2023 (Forecast) Total revenue $20.7 billion in long-term debt and just $311 million in cash and equivalents. billion $19.7

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Private Equity Wire

MARCH 1, 2024

Park Square first invested in the company in 2010 through the acquisition of Terreal’s bank debt in the secondary market.

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The Motley Fool

SEPTEMBER 15, 2024

While only 19 states had adopted safe digging as a best practice as of 2020, several more appear to be in the pipeline. However, as promising as the company's two biggest sub-segments are, Federal Signal isn't resting on its laurels, having made 11 acquisitions since 2016, expanding into new verticals as it goes.

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The Motley Fool

SEPTEMBER 23, 2024

Emphasizing this point, during the 2008 financial crisis, the industrial slowdown in 2015, and the pandemic in 2020, Rollins delivered sales growth of 6%, 6%, and 12%. Comparing Rollins' profitability to its debt and equity, this high ROIC shows that the company is a masterful acquirer.

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The Motley Fool

APRIL 27, 2024

QuantumScape (NYSE: QS) , a maker of solid-state batteries for electric vehicles (EVs), initially attracted a stampede of bulls when it went public by merging with a special purpose acquisition company (SPAC) in November 2020. Its low debt-to-equity ratio of 0.2 The combined company's stock opened at $24.80

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The Motley Fool

SEPTEMBER 8, 2023

Nikola (NASDAQ: NKLA) initially impressed the bulls when it went public by merging with a special purpose acquisition company (SPAC) on June 3, 2020. Instead, it was being valued based entirely on the ambitious production targets it set during its pre-merger presentation in March 2020. just six trading sessions later.

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The Motley Fool

APRIL 18, 2024

Despite lots of anticipation that a deal would close, JetBlue announced last month that it wasn't going to follow through with the acquisition of Spirit. Poor financial situation The entire airline industry was decimated in 2020 when the pandemic started. Making matters worse, the company is saddled with a ridiculous amount of debt.

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The Motley Fool

JANUARY 30, 2024

In fact, if you look back through the company's short history (it went public through a merger with a special purpose acquisition company in December 2020), the third quarter of 2023 was the first time it generated any revenue at all. Image source: Getty Images. This isn't a maybe. It's a certainty. million.

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The Motley Fool

JUNE 28, 2023

Lucid Group (NASDAQ: LCID) and Canoo (NASDAQ: GOEV) are both electric vehicle (EV) makers that went public by merging with special purpose acquisition companies (SPACs). Canoo, which closed its merger in December 2020, predicted it would generate $329 million in revenue in 2022 by selling 10,000 vehicles.

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The Motley Fool

SEPTEMBER 10, 2024

It has also declined more than 97% from its all-time high in December 2020. The company went public by merging with a special purpose acquisition company ( SPAC ) in February 2021. It actually exceeded its pre-merger estimates by growing revenue by 65% in fiscal 2022 and 94% in fiscal 2023. million to $68.9 million, or $0.16

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The Motley Fool

MARCH 6, 2024

The COVID-19 crash of 2020, irrational exuberance of 2021, bear market of 2022, and rip-roaring bull market over the past year and change, have whipsawed investors and their emotions. Discovery that are lugging around a sizable amount of debt. billion in free cash flow and reduced its net debt by $5.4 Warner Bros.

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Private Equity Insights

NOVEMBER 21, 2023

Under Stoettner’s leadership, the company completed two acquisitions. The management team at Banner, led by Stoettner, has demonstrated the ability to maximize performance while integrating new acquisitions and expanding the geographic footprint of the business through greenfield expansion projects.

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The Motley Fool

SEPTEMBER 18, 2023

SoundHound AI (NASDAQ: SOUN) went public by merging with a special-purpose acquisition company (SPAC) on April 28, 2022. During its pre-merger presentation, SoundHound predicted that its revenue would rise from $13 million in 2020 to $20 million in 2021, and then grow to $28 million in 2022. Can SoundHound maintain its momentum?

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