PPYA - Papaya Growth Opportunity Corp. I Stock Price, Fair Value and News

11.10USD+0.11 (+1.00%)Market Closed

Market Summary

USD11.10+0.11

Market Closed

1.00%

PPYA Stock Price

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PPYA RSI Chart

PPYA Valuation

Market Cap

91.5M

Price/Earnings (Trailing)

37.67

EV/EBITDA

22.97

Price/Free Cashflow

-21

MarketCap/EBT

22.97

PPYA Price/Earnings (Trailing)

PPYA Profitability

Return on Assets

9.46%

Free Cashflow Yield

-4.76%

PPYA Fundamentals

PPYA Earnings

Earnings (TTM)

2.4M

Earnings Growth (Yr)

-114.1%

Earnings Growth (Qtr)

-155.2%

Breaking Down PPYA Revenue

Last 7 days

-5.1%

Last 30 days

-0.4%

Last 90 days

2.1%

Trailing 12 Months

5.8%

How does PPYA drawdown profile look like?

PPYA Financial Health

Current Ratio

0.01

PPYA Investor Care

Buy Backs (1Y)

78.11%

Diluted EPS (TTM)

0.9

Tracking the Latest Insider Buys and Sells of Papaya Growth Opportunity Corp. I

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 16, 2024	whitehead clay	acquired	-	-	7,528,880	chief executive officer
Feb 16, 2024	papaya growth opportunity i sponsor, llc	acquired	-	-	7,528,880	-

Which funds bought or sold PPYA recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Tidal Investments LLC	reduced	-23.93	-107,201	350,890	0.01%
May 16, 2024	SkyView Investment Advisors, LLC	sold off	-100	-3,231,000	-	-%
May 15, 2024	CANTOR FITZGERALD, L. P.	unchanged	-	24,750	35,750	0.01%
May 15, 2024	Walleye Capital LLC	unchanged	-	10,471	2,268,170	-%
May 15, 2024	Quarry LP	unchanged	-	3,168	4,752	-%
May 15, 2024	D. E. Shaw & Co., Inc.	unchanged	-	5,738	13,238	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-33.24	120	796	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-59.15	-821,855	573,785	-%
May 15, 2024	CANTOR FITZGERALD, L. P.	unchanged	-	-	2,125,000	0.50%
May 15, 2024	Altshuler Shaham Ltd	unchanged	-	4,867	9,587	-%

Are Funds Buying or Selling PPYA?

Are funds buying PPYA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PPYA

No. of Funds

Unveiling Papaya Growth Opportunity Corp. I's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	walleye capital llc	3.63%	299,200	SC 13G/A
Mar 11, 2024	walleye capital llc	42.11%	299,200	SC 13G/A
Feb 14, 2024	walleye capital llc	8.15%	299,200	SC 13G
Feb 12, 2024	alberta investment management corp	6.8%	250,000	SC 13G
Feb 08, 2024	saba capital management, l.p.	0%	0	SC 13G/A
Feb 14, 2023	mmcap international inc. spc	4.48%	1,350,000	SC 13G/A
Feb 14, 2023	saba capital management, l.p.	6.4%	1,934,755	SC 13G/A

Recent SEC filings of Papaya Growth Opportunity Corp. I

View All Filings

Date Filed	Form Type	Document
May 15, 2024	NT 10-Q	NT 10-Q
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 01, 2024	10-K	Annual Report
Mar 11, 2024	SC 13G/A	Major Ownership Report
Feb 21, 2024	4	Insider Trading
Feb 21, 2024	4	Insider Trading
Feb 20, 2024	8-K	Current Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 12, 2024	SC 13G	Major Ownership Report
Feb 12, 2024	DEFA14A	DEFA14A

Papaya Growth Opportunity Corp. I News

Latest updates

Papaya Growth Opportunity Corp. I Earnings Report: Key Takeaways & Analysis

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet									(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.0%	26.00	25.00	105	301	298	296	295	295	-
Current Assets	-51.8%	0.00	0.00	1.00	1.00	1.00	1.00	2.00	2.00	0.00
Cash Equivalents	-31.0%	0.00	0.00	0.00	0.00	0.00	1.00	1.00	2.00	0.00
Liabilities	2.1%	21.00	21.00	19.00	17.00	16.00	15.00	15.00	15.00	-
Current Liabilities	2.1%	21.00	21.00	19.00	17.00	16.00	0.00	0.00	0.00	0.00
Retained Earnings	-2.5%	-20.53	-20.04	-17.88	-15.96	-11.25	-12.46	-13.37	-13.38	-0.03
Shares Outstanding	-	-	-	-	38.00	-	-	-	-	-
Float	-	-	-	104	-	287	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)									(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	55.1%	-330	-734	-2,683	-608	-475	-396	-376	-809	20.00
Cashflow From Investing	-100.0%	40.00	80,495	197,794	298	-	-263,925	263,925	-293,250	-
Cashflow From Financing	100.4%	289	-79,771	-	-	-	-	-	295,605	2.00

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PPYA Income Statement

2023-12-31

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
STATEMENTS OF OPERATIONS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
OPERATING EXPENSES
General and administrative	$ 1,907,007	$ 1,928,794
Franchise tax	200,000	200,000
Total expenses	2,107,007	2,128,794
OTHER INCOME
Interest earned on Investment in Trust Account	5,608,405	497,081
Realized gain on investments held in Trust Account	479,857
Unrealized gain on marketable securities held in Trust Account		3,821,190
Total other income	6,088,262	4,318,271
INCOME BEFORE PROVISION FOR INCOME TAXES	3,981,255	2,189,477
Income tax expense	(1,553,174)	(639,020)
NET INCOME	$ 2,428,081	$ 1,550,457
Class A common stock
OTHER INCOME
Weighted-average shares outstanding, basic (in shares)	13,886,929	28,630,352
Weighted-average shares outstanding, diluted (in shares)	13,886,929	28,630,352
Basic net income per share (in dollars per share)	$ 0.76	$ 1.19
Diluted net income per share (in dollars per share)	$ 0.76	$ 1.19
Class B common stock
OTHER INCOME
Weighted-average shares outstanding, basic (in shares)	7,528,875	7,528,875
Weighted-average shares outstanding, diluted (in shares)	7,528,875	7,528,875
Basic net income per share (in dollars per share)	$ 0.11	$ 0.04
Diluted net income per share (in dollars per share)	$ 0.11	$ 0.04

PPYA Balance Sheet

2023-12-31

BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash	$ 2,013	$ 320,067
Prepaid expenses and other assets	43,677	216,608
Advance taxes paid	41,000	41,000
Interest income receivable	53,054
Total current assets	139,744	577,675
OTHER ASSETS
Deferred tax asset	542,806
Cash and Investments held in Trust Account	24,976,375	297,568,272
TOTAL ASSETS	25,658,925	298,145,947
CURRENT LIABILITIES
Accounts payable and accrued expenses	480,958	223,640
Due to affiliate	$ 174,000	$ 14,500
Other Liability, Related Party, Type [Extensible Enumeration]	srt:AffiliatedEntityMember	srt:AffiliatedEntityMember
Note payable - Related party	$ 2,624,070
Notes Payable, Current, Related Party, Type [Extensible Enumeration]	us-gaap:RelatedPartyMember	us-gaap:RelatedPartyMember
State franchise tax payable	$ 40,200	$ 200,800
Excise tax liability	2,770,478
State income tax payable		27,000
Deferred underwriting fees payable	15,125,000	15,125,000
Total current liabilities	21,214,706	15,590,940
Deferred tax liability		555,020
Total liabilities	21,214,706	16,145,960
Class A common stock subject to possible redemption, $0.0001 par value; 2,303,207 and 28,750,000 shares at redemption value of $10.84 and $10.20 per share on December 31, 2023 and December 31, 2022, respectively	24,976,375	293,250,000
STOCKHOLDERS' DEFICIT
Accumulated deficit	(20,533,046)	(11,250,903)
Total stockholders' deficit	(20,532,156)	(11,250,013)
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND STOCKHOLDERS' DEFICIT	25,658,925	298,145,947
Class A common stock
STOCKHOLDERS' DEFICIT
Common stock	137	137
Class A common stock subject to possible redemption
CURRENT LIABILITIES
COMMITMENTS AND CONTINGENCIESREDEEMABLE COMMON STOCK
Class A common stock subject to possible redemption, $0.0001 par value; 2,303,207 and 28,750,000 shares at redemption value of $10.84 and $10.20 per share on December 31, 2023 and December 31, 2022, respectively	24,976,375	293,250,000
Class B common stock
STOCKHOLDERS' DEFICIT
Common stock	$ 753	$ 753

About Papaya Growth Opportunity Corp. I

Papaya Growth Opportunity Corp. I does not have significant operations. It 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 incorporated in 2021 and is based in Oakland, California.

CEO	Mr. Clay Whitehead
INDUSTRY	Shell Companies

Papaya Growth Opportunity Corp. I Frequently Asked Questions

What is the ticker symbol for Papaya Growth Opportunity Corp. I? What does PPYA stand for in stocks?

PPYA is the stock ticker symbol of Papaya Growth Opportunity Corp. I. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Papaya Growth Opportunity Corp. I (PPYA)?

As of Fri May 17 2024, market cap of Papaya Growth Opportunity Corp. I is 91.46 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PPYA stock?

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

What is the fair value of PPYA stock?

You can check PPYA's fair value in chart for subscribers. The fair value of Papaya Growth Opportunity Corp. I 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 Papaya Growth Opportunity Corp. I 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 PPYA 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 Papaya Growth Opportunity Corp. I a good stock to buy?

The fair value guage provides a quick view whether PPYA is over valued or under valued. Whether Papaya Growth Opportunity Corp. I is cheap or expensive depends on the assumptions which impact Papaya Growth Opportunity Corp. I's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PPYA.