SKGR - SK Growth Opportunities Corp Stock Price, Fair Value and News

11.07USD-0.04 (-0.36%)Market Closed

Market Summary

USD11.07-0.04

Market Closed

-0.36%

SKGR Stock Price

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SKGR RSI Chart

SKGR Valuation

Market Cap

169.3M

Price/Earnings (Trailing)

20.79

Price/Sales (Trailing)

16.02

Price/Free Cashflow

-231.43

SKGR Price/Sales (Trailing)

SKGR Profitability

Return on Assets

7.41%

Free Cashflow Yield

-0.43%

SKGR Fundamentals

SKGR Revenue

Revenue (TTM)

10.6M

Rev. Growth (Yr)

102.9%

Rev. Growth (Qtr)

2.13%

SKGR Earnings

Earnings (TTM)

8.1M

Earnings Growth (Yr)

8.46%

Earnings Growth (Qtr)

12.46%

Breaking Down SKGR Revenue

Last 7 days

-0.4%

Last 90 days

1.3%

How does SKGR drawdown profile look like?

SKGR Financial Health

Current Ratio

0.05

SKGR Investor Care

Buy Backs (1Y)

41.62%

Diluted EPS (TTM)

0.31

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	4.7M	6.7M	8.6M	10.6M
2022	0	0	0	2.8M

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Which funds bought or sold SKGR recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	Bulldog Investors, LLP	new	-	981,019	981,019	0.32%
May 10, 2024	Kepos Capital LP	unchanged	-	195,000	8,310,000	2.14%
May 06, 2024	Schechter Investment Advisors, LLC	sold off	-100	-1,025	-	-%
May 03, 2024	COWEN AND COMPANY, LLC	added	336	198,228	205,228	0.01%
May 03, 2024	COWEN AND COMPANY, LLC	added	63.81	2,813,470	6,994,260	0.27%
May 02, 2024	FIFTH LANE CAPITAL, LP	new	-	552,750	552,750	0.48%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	new	-	9,502	9,502	-%

Are Funds Buying or Selling SKGR?

Are funds buying SKGR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SKGR

No. of Funds

Unveiling SK Growth Opportunities Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	aqr capital management llc	9.94%	1e+06	SC 13G
Feb 14, 2024	marshall wace, llp	0%	0	SC 13G/A
Feb 14, 2024	first trust capital management l.p.	6.19%	622,780	SC 13G
Feb 13, 2024	auxo capital managers llc	36.2%	11,942,000	SC 13G/A
Feb 07, 2024	adage capital partners gp, l.l.c.	0%	0	SC 13G/A

Recent SEC filings of SK Growth Opportunities Corp

View All Filings

Date Filed	Form Type	Document
Mar 29, 2024	10-K	Annual Report
Mar 05, 2024	8-K	Current Report
Feb 28, 2024	8-K	Current Report
Feb 28, 2024	425	Prospectus Filed
Feb 28, 2024	425	Prospectus Filed
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 07, 2024	SC 13G/A	Major Ownership Report

SK Growth Opportunities Corp News

Latest updates

SK Growth Opportunities Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)							(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2
Revenue	2.1%	2,937	2,875	2,458	2,301	1,447	594	-
S&GA Expenses	-43.4%	579	1,023	257	292	284	312	84.00
Net Income	12.5%	2,083	1,852	2,200	2,009	1,921	303	-76.89
Net Income Margin	-16.7%	0.77*	0.92*	0.96*	0.88*	0.75*	-	-
Free Cashflow	-69.7%	-288	-170	-130	-142	-95.58	-1,021	-58.88

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet								(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2021Q4
Assets	-51.3%	109,947	225,685	223,092	220,887	218,782	216,817	207,298	-
Current Assets	-7.8%	373	405	687	838	931	1,068	2,291	-
Cash Equivalents	125.2%	164	73.00	243	373	515	611	2,266	-
Liabilities	4.0%	14,267	13,720	12,979	12,975	12,879	12,834	12,883	-
Current Liabilities	8.6%	6,931	6,384	5,643	5,639	5,543	258	862	41.00
Retained Earnings	-4.4%	-13,794	-13,215	-12,192	-11,935	-11,643	-11,359	-10,584	-33.83
Additional Paid-In Capital	-	-	-	-	-	-	-	-	24.00
Shares Outstanding	-	-	-	-	26,200	-	-	-	-
Float	-	-	-	221,966	-	-	-	213,373	-

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	-69.7%	-288	-170	-130	-142	-95.58	-1,021	-58.88	-38.36	-
Cashflow From Investing	-	118,643	-	-	-	-	-9,840	-	-	-
Cashflow From Financing	-Infinity%	-118,262	-	-	-	-	9,206	207,163	200	-

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SKGR Income Statement

2023-12-31

Statements of Operations - USD ($)	12 Months Ended
Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
General and administrative expenses	$ 2,151,130	$ 717,265
Loss from operations	(2,151,130)	(717,265)
Other income:
Income from investments held in Trust Account	10,570,325	2,805,818
Fair value of shares issued pursuant to non-redemption agreement	(274,826)	0
Change in fair value of derivative liability	0	20,794
Total other income, net	10,295,499	2,826,612
Net income	8,144,369	2,109,347
Class A ordinary shares [Member]
Other income:
Net income	$ 6,509,905	$ 1,426,878
Basic weighted average shares outstanding	20,870,383	10,652,308
Diluted weighted average shares outstanding	20,870,383	10,652,308
Basic net income (loss) per share	$ 0.31	$ 0.13
Diluted net income (loss) per share	$ 0.31	$ 0.13
Class B ordinary shares [Member]
Other income:
Net income	$ 1,634,464	$ 682,469
Basic weighted average shares outstanding	5,240,000	5,094,945
Diluted weighted average shares outstanding	5,240,000	5,240,000
Basic net income (loss) per share	$ 0.31	$ 0.13
Diluted net income (loss) per share	$ 0.31	$ 0.13

SKGR Balance Sheet

2023-12-31

Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash	$ 163,718	$ 515,410
Prepaid expenses	209,750	415,866
Total current assets	373,468	931,276
Non-current assets:
Prepaid expenses—non-current	0	204,750
Investments held in Trust Account	109,573,279	217,645,818
Total non-current assets	109,573,279	217,850,568
Total Assets	109,946,747	218,781,844
Current liabilities:
Accounts payable	107,223	2,331
Accrued expenses	1,204,161	300,481
Promissory Note	380,000	0
Overfunding loan	5,240,000	5,240,000
Total current liabilities	6,931,384	5,542,812
Non-current liabilities:
Deferred underwriting and advisory fees	7,336,000	7,336,000
Total non-current liabilities	7,336,000	7,336,000
Total liabilities	14,267,384	12,878,812
Commitments and Contingencies
Shareholders' Deficit:
Preference shares, $0.0001 par value; 990,000 shares authorized; none issued or outstanding as of December 31, 2023 and 2022
Additional paid-in capital	0
Accumulated deficit	(13,794,440)	(11,643,310)
Total shareholders' deficit	(13,793,916)	(11,642,786)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit	109,946,747	218,781,844
Class A ordinary shares [Member]
Non-current liabilities:
Class A ordinary shares, $0.0001 par value; 9,000,000,000 shares authorized; 10,056,597 and 20,960,000 shares subject to possible redemption at approximately $10.89 and $10.38 per share as of December 31, 2023 and 2022, respectively	109,473,279	217,545,818
Shareholders' Deficit:
Common stock
Class B ordinary shares [Member]
Shareholders' Deficit:
Common stock	$ 524	$ 524

About SK Growth Opportunities Corp

SK Growth Opportunities Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.

CEO	Mr. Richard H. Chin
WEBSITE	https://skgrowthopportunities.com
INDUSTRY	Shell Companies

SK Growth Opportunities Corp Frequently Asked Questions

What is the ticker symbol for SK Growth Opportunities Corp? What does SKGR stand for in stocks?

SKGR is the stock ticker symbol of SK Growth Opportunities Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SK Growth Opportunities Corp (SKGR)?

As of Mon May 13 2024, market cap of SK Growth Opportunities Corp is 169.33 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SKGR stock?

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

What is the fair value of SKGR stock?

You can check SKGR's fair value in chart for subscribers. The fair value of SK Growth Opportunities Corp 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 SK Growth Opportunities Corp 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 SKGR 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 SK Growth Opportunities Corp a good stock to buy?

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

What is SK Growth Opportunities Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, SKGR's PE ratio (Price to Earnings) is 20.79 and Price to Sales (PS) ratio is 16.02. 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. SKGR PE ratio will change depending on the future growth rate expectations of investors.