DMYY - dMY Squared Technology Group, Inc. Stock Price, Fair Value and News

10.74USD-0.11 (-1.01%)Delayed

Market Summary

USD10.74-0.11

Delayed

-1.01%

DMYY Stock Price

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DMYY RSI Chart

DMYY Valuation

Market Cap

25.1M

Price/Earnings (Trailing)

15.68

Price/Sales (Trailing)

9.25

EV/EBITDA

12.03

Price/Free Cashflow

-59.38

DMYY Price/Sales (Trailing)

DMYY Profitability

EBT Margin

75.27%

Return on Assets

6.17%

Free Cashflow Yield

-1.68%

DMYY Fundamentals

DMYY Revenue

Revenue (TTM)

2.7M

DMYY Earnings

Earnings (TTM)

1.6M

Earnings Growth (Yr)

-131.97%

Earnings Growth (Qtr)

-125.85%

Breaking Down DMYY Revenue

Last 7 days

0.4%

Last 30 days

0.4%

Last 90 days

0.7%

How does DMYY drawdown profile look like?

DMYY Financial Health

Current Ratio

0.28

DMYY Investor Care

Diluted EPS (TTM)

0.29

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	2.7M	2.7M	0	0
2022	0	0	0	754.8K

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Which funds bought or sold DMYY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	LEVIN CAPITAL STRATEGIES, L.P.	sold off	-100	-3,750	-	-%
May 16, 2024	LEVIN CAPITAL STRATEGIES, L.P.	sold off	-100	-530,000	-	-%
May 16, 2024	Tidal Investments LLC	reduced	-12.39	-41,364	299,309	-%
May 15, 2024	RIVERNORTH CAPITAL MANAGEMENT, LLC	sold off	-100	-2,119,980	-	-%
May 15, 2024	Sculptor Capital LP	sold off	-100	-1,867,360	-	-%
May 15, 2024	BERKLEY W R CORP	sold off	-100	-3,236,190	-	-%
May 15, 2024	AQR Arbitrage LLC	unchanged	-	2.00	3,416	-%
May 15, 2024	AQR Arbitrage LLC	sold off	-100	-1,579,190	-	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	sold off	-100	-2,758,600	-	-%
May 15, 2024	Owl Creek Asset Management, L.P.	unchanged	-	3.00	3,548	-%

Are Funds Buying or Selling DMYY?

Are funds buying DMYY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DMYY

No. of Funds

Unveiling dMY Squared Technology Group, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 22, 2024	shaolin capital management llc	0.0%	0	SC 13G/A
Feb 14, 2024	balyasny asset management l.p.	0.0%	0	SC 13G/A
Feb 14, 2024	centiva capital, lp	3.15%	199,344	SC 13G/A
Feb 14, 2024	sandia investment management lp	7.90%	499,167	SC 13G/A
Feb 14, 2024	meteora capital, llc	18.59%	1,174,705	SC 13G
Feb 13, 2024	polar asset management partners inc.	0%	0	SC 13G/A
Feb 13, 2024	dmy squared sponsor, llc	40.3%	1,579,750	SC 13G
Feb 09, 2024	periscope capital inc.	9.4%	592,533	SC 13G/A
Feb 09, 2024	wealthspring capital llc	8.8%	557,900	SC 13G/A
Feb 10, 2023	wealthspring capital llc	9.9%	624,350	SC 13G/A

Recent SEC filings of dMY Squared Technology Group, Inc.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	10-Q	Quarterly Report
Apr 26, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Mar 27, 2024	8-K	Current Report
Feb 29, 2024	8-K	Current Report
Feb 22, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G	Major Ownership Report

dMY Squared Technology Group, Inc. News

Latest updates

dMY Squared Technology Group, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)			(In Thousands)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4
Revenue	-2.3%	668,589	684,210	188,698
S&GA Expenses	-60.2%	211,272	530,235	909,295
EBITDA Margin	82.4%	-0.10	-0.59	-3.05
Income Taxes	-13.0%	132,080	151,755	86,214
Earnings Before Taxes	95.0%	1,323,408	678,747	-2,278,641
EBT Margin	82.4%	-0.10	-0.59	-3.05
Net Income	126.1%	1,191,328	526,992	-2,364,855
Net Income Margin	64.3%	-0.24	-0.67	-3.16
Free Cashflow	-53.0%	-363,022	-237,323	-1,067,623

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet							(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Assets	-61.7%	25,939	67,701	66,941	66,035	65,763	65,508	-
Current Assets	369.0%	730	156	316	282	375	804	67.00
Cash Equivalents	6956966.7%	626	9*	9*	6*	1.00	239	40.00
Liabilities	6.9%	6,647	6,220	6,112	5,132	6,052	6,324	-
Current Liabilities	19.8%	2,581	2,154	1,441	1,006	1,019	686	534
Retained Earnings	5.6%	-4,794	-5,079	-5,092	-4,408	-5,103	-5,178	-43.91
Additional Paid-In Capital	-	-	-	-	-	-	-	25.00
Shares Outstanding	-100.0%	-	2,339	-	-	-	-	1,500
Float	-	-	-	-	64,896	-	63,506	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)									(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	-Infinity%	-59.97	-	3*	-363	-237	-1,067	4*	-	-
Cashflow From Investing	-	42,682	-	-	304	-	-64,137	-	-	-
Cashflow From Financing	-Infinity%	-41,996	-	-	58.00	-	65,404	15.00	25.00	-

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DMYY Income Statement

2024-03-31

Condensed Statements Of Operations - USD ($)	3 Months Ended
Condensed Statements Of Operations - USD ($)	Mar. 31, 2024	Mar. 31, 2023
General and administrative expenses	$ 377,583	$ 530,235
Corporate tax expenses	84,308	79,683
Loss from operations	(461,891)	(609,918)
Other income:
Interest income on operating account	91	35
Investment income from investments held in Trust Account	346,217	684,210
Change in fair value of derivative warrant liabilities	0	604,420
Total other income	346,308	1,288,665
Net income (loss) before provision for income taxes	(115,583)	678,747
Provision for income taxes	52,871	151,755
Net income (loss)	(168,454)	526,992
Common Class A [Member]
Other income:
Net income (loss)	$ (102,739)	$ 421,594
Weighted average shares outstanding, basic	2,469,808	6,319,000
Weighted average shares outstanding, diluted	2,469,808	6,319,000
Basic net income (loss) per share	$ (0.04)	$ 0.07
Diluted net income (loss) per share	$ (0.04)	$ 0.07
Common Class B [Member]
Other income:
Net income (loss)	$ (65,715)	$ 105,398
Weighted average shares outstanding, basic	1,579,750	1,579,750
Weighted average shares outstanding, diluted	1,579,750	1,579,750
Basic net income (loss) per share	$ (0.04)	$ 0.07
Diluted net income (loss) per share	$ (0.04)	$ 0.07

DMYY Balance Sheet

2024-03-31

Condensed Balance Sheets - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash	$ 626,136	$ 9
Prepaid expenses	103,750	155,625
Total current assets	729,886	155,634
Investments held in Trust Account	25,209,181	67,545,266
Total Assets	25,939,067	67,700,900
Current liabilities:
Accounts payable	524,967	505,955
Accrued expenses	668,603	577,446
Convertible note—related parties	191,667	0
Advances from related parties	173,159	185,121
Corporate tax payable	458,575	374,267
Income tax payable	563,902	511,031
Total current liabilities	2,580,873	2,153,820
Overfunding loans	947,850	947,850
Derivative warrant liabilities	906,630	906,630
Deferred underwriting commissions	2,211,650	2,211,650
Total Liabilities	6,647,003	6,219,950
Commitments and Contingencies
Class A common stock, $0.0001 par value; 35,000,000 shares authorized; 2,338,586 and 6,319,000 shares subject to possible redemption at approximately $10.30 and $10.53 per share as of March 31, 2024 and December 31, 2023, respectively	24,086,704	66,559,968
Shareholders' Deficit:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of March 31, 2024 and December 31, 2023	0	0
Additional paid-in capital	0	0
Accumulated deficit	(4,794,798)	(5,079,176)
Total shareholders' deficit	(4,794,640)	(5,079,018)
Total Liabilities and Shareholders' Deficit	25,939,067	67,700,900
Common Class A [Member]
Current liabilities:
Class A common stock, $0.0001 par value; 35,000,000 shares authorized; 2,338,586 and 6,319,000 shares subject to possible redemption at approximately $10.30 and $10.53 per share as of March 31, 2024 and December 31, 2023, respectively	24,086,704	66,559,968
Shareholders' Deficit:
Common Stock	0	0
Common Class B [Member]
Shareholders' Deficit:
Common Stock	$ 158	$ 158

About dMY Squared Technology Group, Inc.

dMY Squared Technology Group, Inc. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and evaluate businesses in the professional service industry that provide accounting, legal, financial, advisory, and other services to public companies or private companies that are in the process of becoming public companies. The company was incorporated in 2022 and is based in Las Vegas, Nevada.

CEO	Mr. Niccolo Mcleod de Masi
WEBSITE	dmysquared.com
INDUSTRY	Shell Companies

dMY Squared Technology Group, Inc. Frequently Asked Questions

What is the ticker symbol for dMY Squared Technology Group, Inc.? What does DMYY stand for in stocks?

DMYY is the stock ticker symbol of dMY Squared Technology Group, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of dMY Squared Technology Group, Inc. (DMYY)?

As of Fri May 17 2024, market cap of dMY Squared Technology Group, Inc. is 25.12 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DMYY stock?

You can check DMYY's fair value in chart for subscribers.

What is the fair value of DMYY stock?

You can check DMYY's fair value in chart for subscribers. The fair value of dMY Squared Technology Group, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of dMY Squared Technology Group, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DMYY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is dMY Squared Technology Group, Inc. a good stock to buy?

The fair value guage provides a quick view whether DMYY is over valued or under valued. Whether dMY Squared Technology Group, Inc. is cheap or expensive depends on the assumptions which impact dMY Squared Technology Group, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DMYY.

What is dMY Squared Technology Group, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, DMYY's PE ratio (Price to Earnings) is 15.68 and Price to Sales (PS) ratio is 9.25. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DMYY PE ratio will change depending on the future growth rate expectations of investors.