Latest news with #LanzaTechGlobal
Yahoo
7 days ago
- Business
- Yahoo
LanzaTech Advances Transformation with Leadership Changes and Cost Optimization Actions
Chief Accounting Officer Sushmita Koyanagi promoted to Chief Financial Officer Deputy General Counsel Amanda Fuisz to assume Interim General Counsel role Cost savings and financial efficiencies drive continued advancement of commercial projects focused on producing alternative fuel from waste carbon CHICAGO, May 29, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) ('LanzaTech' or the 'Company'), a carbon management solutions company, today announced certain transitions in its executive leadership team in connection with its recent financing and ongoing strategic measures focused on streamlining its operations and reducing costs, including consolidating certain positions by drawing upon the Company's capable, experienced internal resources. The announced leadership changes include: Sushmita Koyanagi appointed Chief Financial Officer, effective June 2, 2025 Amanda Fuisz to assume role of interim General Counsel, effective June 13, 2025 Gary Rieschel, long-time serving Board member, to retire from the board of directors following the upcoming Annual Meeting of Stockholders LanzaTech announced the appointment of Sushmita Koyanagi as Chief Financial Officer, effective June 2, 2025, completing its previously announced search for a permanent CFO. Ms. Koyanagi succeeds Justin Pugh, who has been serving as LanzaTech's interim CFO since January 2025 and who will maintain an advisory role with the Company to assist in his transition and to provide other related support until June 30, 2025. Ms. Koyanagi has extensive public and private company experience in accounting, financial reporting, process improvement and managing larger teams, and most recently joined the Company as Chief Accounting Officer ('CAO') in December of 2024. Separately, LanzaTech announced that Amanda Fuisz will assume the role of interim General Counsel, effective June 13, 2025. Ms. Fuisz will succeed Joseph Blasko, who will step down to pursue a new professional opportunity. Ms. Fuisz, who currently serves as LanzaTech's Deputy General Counsel, will lead LanzaTech's legal and compliance department while serving as interim General Counsel. 'We are thrilled to have Sush take on this expanded role,' said Dr. Jennifer Holmgren, Chair and Chief Executive Officer. 'Sush is a seasoned finance executive with an impressive background that makes her ideally suited to lead the next phase of our financial evolution as we advance our path to profitability. On behalf of our executive team and board of directors, I would like to thank Justin for stepping in to lead as interim CFO ensuring a seamless transition. Additionally, I am grateful to Amanda for stepping into this role as interim General Counsel. Her background and strong legal acumen make her an ideal fit for this position. I wish Joe all the best in his future endeavors,' added Holmgren. Additionally, LanzaTech announced that Gary Rieschel, a long-serving member of LanzaTech's board of directors, will retire at the conclusion of his current term and will not seek re-election at the Company's Annual Meeting of Stockholders on July 21, 2025. 'On behalf of the members of our board and management, I express our deep appreciation for Gary's contributions,' stated Holmgren. 'Since 2009, Gary has been an unwavering champion of LanzaTech's mission to build a circular carbon economy. It has been a true privilege to work closely with Gary for over the past fifteen years.' The announced leadership changes and role consolidations are anticipated to result in annual cost reductions of approximately $1 million. These cost reduction measures will enhance LanzaTech's ability to better allocate resources toward its most promising commercial opportunities and projects, with efforts predominantly focused on leveraging the Company's core gas fermentation technology platform to effectively be an enabler of the significant and growing momentum of sustainable aviation fuel production. About LanzaTech LanzaTech Global, Inc. (NASDAQ: LNZA) is the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein. Using its biorecycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. For more information about LanzaTech, please visit Forward-looking Statements This press release includes forward-looking statements regarding, among other things, the plans, strategies and prospects, both business and financial, of the Company. These statements are based on the beliefs and assumptions of the Company's management. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, the Company cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words 'believes,' 'estimates,' 'expects,' 'projects,' 'forecasts,' 'may,' 'will,' 'should,' 'seeks,' 'plans,' 'scheduled,' 'anticipates,' 'intends' or similar expressions. The forward-looking statements are based on projections prepared by, and are the responsibility of, the Company's management. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements, including the Company's ability to continue to operate as a going concern. The Company may be adversely affected by other economic, business, or competitive factors, and other risks and uncertainties, including those described under the header 'Risk Factors' in its Form 10-K for the year ended December 31, 2024, its Form 10-Q for the quarter ended March 31, 2025 and in future SEC filings. New risk factors that may affect actual results or outcomes emerge from time to time and it is not possible to predict all such risk factors, nor can the Company assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. The Company undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Investor Relations Contact Kate WalshVP, Investor Relations & in to access your portfolio
Associated Press
15-04-2025
- Business
- Associated Press
LanzaTech Announces Fourth-Quarter and Full-Year 2024 Financial Results
CHICAGO, April 15, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) ('LanzaTech' or the 'Company'), a carbon management solutions company, today filed its annual report for the fiscal year ended December 31, 2024 (the 'Form 10-K'). Key Takeaways: Fourth-Quarter and Full-Year 2024 Financial Results The table below outlines key reported fourth-quarter and full-year 2024 results ($ millions, unless noted): (1) See 'Non-GAAP Financial Measures' and 'Reconciliations of GAAP Net Loss to Adjusted EBITDA' sections herein for an explanation and reconciliations of non-GAAP measures used throughout this release. Revenue Cost of Revenue Operating Expenses Net Loss Adjusted EBITDA Loss Balance Sheet and Liquidity As of December 31, 2024, LanzaTech had $58.1 million in total cash, restricted cash, and investments, compared to total cash of $89.1 million at the end of third-quarter 2024. About LanzaTech LanzaTech Global, Inc. (NASDAQ: LNZA) is the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein. Using its biorecycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. For more information about LanzaTech, please visit Forward Looking Statements This press release includes forward-looking statements regarding, among other things, the plans, strategies and prospects, both business and financial, of LanzaTech. These statements are based on the beliefs and assumptions of LanzaTech's management. Although LanzaTech believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, LanzaTech cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words 'believes,' 'estimates,' 'expects,' 'projects,' 'forecasts,' 'may,' 'will,' 'should,' 'seeks,' 'plans,' 'scheduled,' 'anticipates,' 'intends' or similar expressions. The forward-looking statements are based on projections prepared by, and are the responsibility of, LanzaTech's management. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside LanzaTech's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements, including the Company's ability to continue to operate as a going concern. LanzaTech may be adversely affected by other economic, business, or competitive factors, and other risks and uncertainties, including those described under the header 'Risk Factors' in its Form 10-K and in future SEC filings. New risk factors that may affect actual results or outcomes emerge from time to time and it is not possible to predict all such risk factors, nor can LanzaTech assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements attributable to LanzaTech or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. LanzaTech undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Non-GAAP Financial Measures To supplement our financial statements presented in accordance with US GAAP and to provide investors with additional information regarding our financial results, we have presented adjusted EBITDA, a non-GAAP financial measure. Adjusted EBITDA is not based on any standardized methodology prescribed by US GAAP and is not necessarily comparable to similarly titled measures presented by other companies. We define adjusted EBITDA as our net loss, excluding the impact of depreciation, interest income, net, stock-based compensation, change in fair value of warrant liabilities, change in fair value of SAFE liabilities, change in fair value of the FPA Put Option liability and Fixed Maturity Consideration, change in fair value of our outstanding convertible note, transaction costs on issuance of Forward Purchase Agreement, (loss) gain from equity method investees and other one-time costs related to the Business Combination and securities registration on Form S-4 and our registration statement on Form S-1. We monitor adjusted EBITDA because it is a key measure used by our management and Board of Directors to understand and evaluate our operating performance, to establish budgets, and to develop operational goals for managing our business. We believe adjusted EBITDA helps identify underlying trends in our business that could otherwise be masked by the effect of certain expenses that we include in net loss. Accordingly, we believe adjusted EBITDA provides useful information to investors, analysts, and others in understanding and evaluating our operating results and enhancing the overall understanding of our past performance and future prospects. Adjusted EBITDA is not prepared in accordance with US GAAP and should not be considered in isolation of, or as an alternative to, measures prepared in accordance with US GAAP. There are a number of limitations related to the use of adjusted EBITDA rather than net loss, which is the most directly comparable financial measure calculated and presented in accordance with US GAAP. For example, adjusted EBITDA: (i) excludes stock-based compensation expense because it is a significant non-cash expense that is not directly related to our operating performance; (ii) excludes depreciation expense and, although this is a non-cash expense, the assets being depreciated and amortized may have to be replaced in the future; (iii) excludes gain or losses on equity method investee; and (iv) excludes certain income or expense items that do not provide a comparable measure of our business performance. In addition, the expenses and other items that we exclude in our calculations of adjusted EBITDA may differ from the expenses and other items, if any, that other companies may exclude from adjusted EBITDA when they report their operating results. In addition, other companies may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. (1) exclusive of depreciation Investor Relations Contact Kate Walsh VP, Investor Relations & Tax [email protected]
Associated Press
04-04-2025
- Business
- Associated Press
LanzaTech Acknowledges Receipt of Letter
CHICAGO, April 04, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) ('LanzaTech' or the 'Company'), a carbon management solutions company, today acknowledged that the Company has received a non-binding letter from Carbon Direct Capital Management, which purports to offer to acquire the Company for $0.02 per share. At this point in time, shareholders are not required to take any action. As part of its ongoing evaluation of strategic options available to maximize value for stakeholders, the LanzaTech Board of Directors will review the letter in consultation with its independent legal and financial advisors. There can be no assurance that the Company will pursue this proposed transaction or any other strategic outcome, and the Company does not intend to comment further on this matter unless and until further disclosure is determined to be appropriate or necessary. About LanzaTech LanzaTech Global, Inc. (NASDAQ: LNZA) is a leading carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein for everyday products. Using its bio-recycling technology, LanzaTech captures carbon generated by energy-intensive industries at the source, preventing it from being emitted into the air. LanzaTech then gives that captured carbon a new life as a clean replacement for virgin fossil carbon in everything from household cleaners and clothing fibers to packaging and fuels. By partnering with companies across the global supply chain, LanzaTech is paving the way for a circular carbon economy. For more information about LanzaTech, visit Forward Looking Statements This press release includes forward-looking statements regarding, among other things, the plans, strategies, and prospects, both business and financial, of LanzaTech. These statements are based on the beliefs, assumptions, projections and conclusions of LanzaTech's management. Forward-looking statements are inherently subject to risks, uncertainties and assumptions, many of which are outside LanzaTech's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. LanzaTech cannot assure you that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are not guarantees of future performance, conditions or results, and you should not rely on forward-looking statements. Generally, statements that are not historical facts, including those concerning possible or assumed future actions, business strategies, events or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words 'believes,' 'estimates,' 'expects,' 'projects,' 'forecasts,' 'may,' 'will,' 'should,' 'seeks,' 'plans,' 'scheduled,' 'anticipates,' 'intends' or similar expressions. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: timing delays in the advancement of projects to the final investment decision stage or into construction; failure by customers to adopt new technologies and platforms; fluctuations in the availability and cost of feedstocks and other process inputs; the availability and continuation of government funding and support; broader economic conditions, including inflation, interest rates, supply chain disruptions, employment conditions, and competitive pressures; unforeseen technical, regulatory, or commercial challenges in scaling proprietary technologies, business functions or operational disruptions; and other economic, business, or competitive factors, and other risks and uncertainties, including the risk factors and other information contained in LanzaTech's most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, as well as other existing and future filings with the U.S. Securities and Exchange Commission. Any forward-looking statement herein is based only on information currently available to LanzaTech and speaks only as of the date on which it is made. LanzaTech undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Contacts: Kate Walsh
Yahoo
29-03-2025
- Business
- Yahoo
Is LanzaTech Global, Inc. (LNZA) Among the Best Waste Management Stocks to Invest In Now?
We recently compiled a list of the 12 Best Waste Management Stocks to Invest In Now. In this article, we are going to take a look at where LanzaTech Global, Inc. (NASDAQ:LNZA) stands against the other waste management stocks. Waste management stocks include those companies that provide supporting environmental, engineering, and consulting services, as well as those that gather, process, store, transport, recycle, and dispose of waste products. The waste management industry is expanding rapidly. The market was worth $1,293.70 billion in 2022 and is projected to grow at a CAGR of 5.4% between 2023 and 2030, according to Grand View Research. Strict laws like the Resource Conservation and Recovery Act and the Waste Shipment Regulation are anticipated to drive the market to improve this service. In 2022, the collection segment held a dominant market share of over 62.0%. The industrial waste industry dominated the market, accounting for more than 85.9% in 2022. It is anticipated that during the projection period, the e-waste segment will grow at the quickest CAGR of 7.4%. Asia Pacific led the industry, accounting for more than 24.5% of the market in 2022. The projection period is anticipated to see the Middle East and Africa grow at a compound annual growth rate (CAGR) of 5.6%. According to Debra Reinhart, a Board of Scientific Counselors member for the EPA: 'It's a difficult industry, but it is profitable if it's done right.' Waste management is critical to promoting the growth of sustainable energy by reducing environmental impact, recovering valuable materials, and increasing resource efficiency. According to Deloitte's insights, land, water, and waste management must all be integrated in order to achieve a sustainable energy transition. Repurposing brownfield sites, abandoned power stations, and landfills for solar or battery storage maximizes land usage, while spatial mapping technologies reduce environmental effects. Water efficiency can be improved by recycling wastewater, using brackish and greywater, and switching to closed-cycle cooling systems. Advanced sorting, material recovery from retired equipment, and robotics are all waste reduction solutions that prioritize safety and efficiency. Moreover, cross-industry collaboration promotes industrial symbiosis, resulting in maximum resource utilization. Circular design concepts help to increase product life and facilitate disassembly. Increased renewable energy efficiency reduces land and waste footprints. Smart sensors and IoT technology reduce water leaks, while industrial sites' centralized recycling networks reduce freshwater extraction and wastewater outflow. These methods promote a sustainable and resource-efficient energy transition. According to S&P Global's October 2, 2024, report, private equity and venture capital investments in the waste management sector were projected to decline further in 2024 as investors moved their focus to circular economy solutions rather than traditional waste services. Global PE and VC-backed deals totaled $247.2 million in 2024, accounting for only 7% of the $3.62 billion reported in 2023, according to S&P Global Market Intelligence. The sector has steadily declined since peaking at $8.87 billion in 2021. The number of transactions declined in 2024 when compared to 2023 and 2022. In Q3 2024, the deal value was $8.3 million, down from $2.42 billion in Q3 2023, with only six transactions compared to 22 in the same period last year. The report further mentioned that eleven deals were announced in the United States and Canada, with seven deals in Europe and Asia-Pacific each. In terms of deal value, the United States and Canada received $116 million in announced investments, while Europe raised $104.5 million. Waste management enterprises in the Asia-Pacific received $26.7 million in private equity financing. Looking forward, as per the UN's Global Waste Management Outlook 2024, municipal solid waste generation is projected to jump from 2.1 billion tonnes in 2023 to 3.8 billion tonnes by 2050. In 2020, direct waste management expenses reached $252 billion, but hidden costs from pollution and climate change boosted the total to $361 billion. Without intervention, annual costs could nearly quadruple to $640.3 billion by 2050. Implementing waste management methods may reduce net expenses to $270.2 billion, whereas a circular economy could result in a $108.5 billion yearly net gain. The report calls on governments, businesses, and citizens to take action to mitigate rising prices and environmental impact. A large factory working to refine carbon and transform waste carbon into sustainable fuels. We sifted through holdings of waste management ETFs and online rankings to form an initial list of 30 Waste Management stocks. From the resultant dataset, we chose the top 12 stocks most favored by hedge funds, using Insider Monkey's database of 1,009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's Revenue Growth Rate (year-over-year) as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Number of Hedge Fund Investors: 4 One of the Best Waste Management Stocks, LanzaTech Global, Inc. (NASDAQ:LNZA) is a nature-based carbon refining company that converts waste carbon into chemical building blocks for everyday consumer goods like sustainable fuels, textiles, and packaging. The company's mission is to minimize the demand for virgin fossil fuels by challenging and working to change the way the world uses carbon. LanzaTech Global, Inc. (NASDAQ:LNZA) is well-positioned for 2025 due to major project breakthroughs like Project Drake and key partnerships, particularly in sustainable aviation fuel. The firm is diversifying its revenue streams by establishing its own initiatives and forming partnerships, such as Brookfield Asset Management's $500 million investment in project funding. A new ethanol off-take agreement with ArcelorMittal will improve ethanol access and comprises a 6-million-dollar short-term contract and a 5-year deal that will generate $10-$20 million yearly. Moreover, LanzaTech Global, Inc. (NASDAQ:LNZA) is also approaching the $1 trillion alternative protein market with its single-cell protein technology, which has potential in animal feed, pet food, and human nutrition. The company announced strategic initiatives to transform from an innovation hub to a successful firm on March 4, 2025, including an evaluation of collaboration prospects for LanzaTech Nutritional Protein and the spin-off of LanzaX, its synthetic biology platform. LanzaTech Global, Inc. (NASDAQ:LNZA) intends to restructure operations, cut yearly cash operating expenses by about $30 million, and concentrate on high-impact commercial initiatives such as waste-based ethanol-to-SAF facilities in the United Kingdom and the EU. Overall, LNZA ranks 11th on our list of the Best Waste Management Stocks to Invest In Now. While we acknowledge the potential for LNZA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LNZA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at .
Yahoo
24-02-2025
- Business
- Yahoo
LanzaTech Global And 2 Other US Penny Stocks To Watch
As the U.S. market experiences a turbulent period with major indices facing declines, investors are increasingly cautious about their next moves. In such times, penny stocks can present intriguing opportunities for those willing to explore smaller or less-established companies that might offer value and growth potential. Despite being an older term, penny stocks remain relevant as they often represent companies with robust financials and clear growth trajectories, potentially serving as valuable additions to a diversified portfolio. Name Share Price Market Cap Financial Health Rating QuantaSing Group (NasdaqGM:QSG) $3.08 $127.54M ★★★★★★ BAB (OTCPK:BABB) $0.86403 $6.28M ★★★★★☆ Safe Bulkers (NYSE:SB) $3.73 $392.77M ★★★★☆☆ ZTEST Electronics (OTCPK:ZTST.F) $0.2799 $10.3M ★★★★★★ Imperial Petroleum (NasdaqCM:IMPP) $2.73 $82.81M ★★★★★★ Permianville Royalty Trust (NYSE:PVL) $1.44 $47.52M ★★★★★★ Golden Growers Cooperative (OTCPK:GGRO.U) $4.50 $67.38M ★★★★★★ Smith Micro Software (NasdaqCM:SMSI) $1.39 $24.65M ★★★★★☆ CBAK Energy Technology (NasdaqCM:CBAT) $0.86 $77.35M ★★★★★☆ PHX Minerals (NYSE:PHX) $4.14 $155.17M ★★★★★☆ Click here to see the full list of 721 stocks from our US Penny Stocks screener. We'll examine a selection from our screener results. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: LanzaTech Global, Inc. is a nature-based carbon refining company operating in the United States and internationally, with a market cap of approximately $170.29 million. Operations: The company generates revenue from its Chemicals segment, which reported $58.03 million. Market Cap: $170.29M LanzaTech Global, Inc., with a market cap of approximately US$170.29 million, operates in the carbon refining sector and recently reported revenue of US$58.03 million from its Chemicals segment. Despite having more cash than total debt, LanzaTech's short-term assets do not cover long-term liabilities, indicating financial constraints. The company has secured a loan agreement with Brookfield Asset Management for US$60 million to support project development but faces restrictions on certain activities without Brookfield's consent. Recent executive changes aim to enhance strategic focus and governance as LanzaTech explores sustainable aviation fuel projects through alliances with Haffner Energy and LanzaJet. Click to explore a detailed breakdown of our findings in LanzaTech Global's financial health report. Evaluate LanzaTech Global's prospects by accessing our earnings growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Grab Holdings Limited operates as a provider of superapps across Southeast Asia, offering services in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam with a market cap of approximately $19.92 billion. Operations: Grab Holdings Limited generates revenue from three main segments: Mobility ($1.05 billion), Deliveries ($1.49 billion), and Financial Services ($253 million). Market Cap: $19.92B Grab Holdings Limited, with a market cap of US$19.92 billion, operates across Southeast Asia and reported 2024 revenue of US$2.8 billion, up from the previous year. Despite being unprofitable with a net loss of US$105 million in 2024, the company has reduced losses significantly over five years and maintains a positive cash flow outlook with more cash than debt and sufficient short-term assets to cover liabilities. Recent buyback activity indicates confidence in its valuation as shares trade below estimated fair value. Merger talks with PT GoTo Gojek Tokopedia Tbk could potentially reshape its competitive landscape if successful. Dive into the specifics of Grab Holdings here with our thorough balance sheet health report. Gain insights into Grab Holdings' future direction by reviewing our growth report. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: CreateAl Holdings Inc. is an artificial intelligence technology company specializing in video game and anime production and publishing, with a market cap of $113.98 million. Operations: The company generates revenue from its Transportation - Trucking segment, which amounts to $0.31 million. Market Cap: $113.98M CreateAI Holdings Inc., a pre-revenue company with a market cap of US$113.98 million, has seen significant investor activism recently. The board rejected a US$0.46 per share acquisition offer from Steel Partners and Camac Partners, deeming it below fair market value. Activist Xiaodi Hou advocates for the company's liquidation to prevent asset transfer to Chinese entities and maximize shareholder returns, proposing an alternative valuation of US$1.93 per share. Despite being debt-free and having sufficient short-term assets to cover liabilities, CreateAI faces challenges with high volatility and management changes amid ongoing strategic discussions. Unlock comprehensive insights into our analysis of CreateAl Holdings stock in this financial health report. Evaluate CreateAl Holdings' historical performance by accessing our past performance report. Click this link to deep-dive into the 721 companies within our US Penny Stocks screener. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Jump on the AI train with fast growing tech companies forging a new era of innovation. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqCM:LNZA NasdaqGS:GRAB and OTCPK:TSPH. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
