Company Quick10K Filing
EdtechX Holdings Acquisition
10-Q 2019-09-30 Filed 2019-10-31
10-Q 2019-06-30 Filed 2019-08-13
10-Q 2019-03-31 Filed 2019-05-15
10-K 2018-12-31 Filed 2019-04-01
S-1 2018-09-10 Public Filing
8-K 2019-12-12 Enter Agreement, Regulation FD, Exhibits

EdtechX Holdings Acquisition Financials

EDTXU Metrics, Comps, Filings

Quarterly | Annual

Business

We are a blank check company incorporated Delaware on May 15, 2018 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities (the “Business Combination”). Although we are not limited to a particular industry or sector for purposes of consummating a Business Combination, we are focusing our search for target businesses in the education, training and education technology (“edtech”) industries. We are an early stage and emerging growth company and, as such, we are subject to all of the risks associated with early stage and emerging growth companies.

The registration statement for our initial public offering was declared effective on October 5, 2018. On October 10, 2018, we consummated the initial public offering of 5,500,000 units (each, a “Unit” and collectively, the “Units”) at $10.00 per Unit. On October 17, 2018, we consummated the closing of an additional 825,000 Units sold pursuant to the underwriters' over-allotment option at $10.00 per Unit. Each Unit consists of one share of common stock, and one redeemable warrant (each, a “Public Warrant”). Each Public Warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share, subject to adjustment.

Simultaneously with the closing of the initial public offering and the over-allotment option, we consummated the private placement (the “Private Placement”) of 3,780,000 warrants (each, a “Private Placement Warrant” and collectively, the “Private Placement Warrants”) at a price of $1.00 per Private Placement Warrant to our sponsors and other investors, generating gross proceeds of $3.78 million. Each Private Placement Warrant is exercisable for one share of common stock at a price of $11.50 per share.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Big Rock Partners Acquisition (BRPA) 29,620 57.6 1% 41,685 2,434 0 0 423 511 29,426
Tenzing Acquisition (TZACU) 26,364 28.2 1% 65,989 2,241 0 0 926 926 26,091
DD3 Acquisition (DDMXU) 21,966 -164.5 -0% 57,011 52,011 0 0 -133 -133 21,904
Tottenham Acquisition I (TOTA) 21,142 80.1 1% 48,151 2,592 0 0 258 258 20,694
HL Acquisitions (HCCH) 19,579 22.8 2% 56,618 51,618 0 0 858 858 19,572
Sito Mobile (SITO) 18,719 37% -1.5 -57% 24,817 18,288 30,751 11,362 -14,188 -13,637 20,002
Greenland Acquisition (GLAC) 18,223 -865.6 -0% 45,097 1,025 0 0 -20 -20 17,311
Longevity Acquisition (LOAC) 17,935 -7,451.8 -0% 41,171 1,082 0 0 -2 -2 17,497
TMSR Holding (TMSR) 17,850 13% 8.0 2% 35,549 12,871 26,797 3,541 763 2,049 16,429
Silversun Technologies (SSNT) 15,978 40% 0.8 36% 21,729 9,619 31,026 12,439 7,762 8,043 6,561
Bsquare (BSQR) 15,838 18% -0.7 -58% 23,056 12,168 60,756 11,136 -13,354 -12,658 8,475
EdtechX Holdings Acquisition (EDTXU) 15,797 -2,150.6 -2% 424 407 0 0 -7 -7 15,773
SPAR Group (SGRP) 14,556 19% 2.0 7% 87,094 56,900 191,823 37,210 5,930 10,236 20,170
China Recycling Energy (CREG) 7,265 -0.6 -7% 159,972 85,583 0 0 -11,306 -6,068 3,359
Kingold Jewelry (KGJI) 6,611 7% -0.1 -0% 3,319,662 2,366,698 2,065,538 140,005 -5,035 139,395 -9,599
Prime Acquisition (PACQW) 1,904 0% 30,276 36,774 0 0 0 0 1,796
Tenzing Acquisition (TZAC)
CIIG Merger (CIICU)
Software Acquisition Group (SAQNU)
FinServ Acquisition (FSRV)

Balance Sheet ($'000)2018-09-30
Cash24
Accounts Receivable
Inventory
PP&E
Assets424
Accounts Payable25
Long-Term Debt
Liabilities407
Stockholders' Equity17
Income Statement ($'000)2018-09-30
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A
Tax
Net Income-7
Cash Flow ($'000)2018-09-30
Cash Operating
Cash Investing
Cash Financing