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OmniLit Acquisition Corp. (OLIT)

NASDAQ Financial Services Shell Companies
$8.44 ▲ +6.30%
Market Cap
$51.8M
Sector
Financial Services
Industry
Shell Companies
Beta
0.00
52-Wk Range
7.55-19.5
CEO
Al Kapoor
Country
US
Currency
USD

OmniLit Acquisition Corp. operates in the Shell Companies industry of the Financial Services sector, headquartered in Miami Beach, FL, US. The stock last traded at $8.44, up 6.30% on the session, giving a market capitalisation of $51.8M. On trailing twelve-month figures it carries a trailing P/E of -281.33, a net margin of -8.3%. Its beta of 0.00 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-281.33
Price / Sales
1.77
Price / Book
0.00
EV / EBITDA
17.56
Gross margin
19.6%
Operating margin
-4.6%
Net margin
-8.3%
Return on equity
Debt / equity
0.00
Current ratio
0.00
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Global Market
Employees
IPO date
2022-01-26
Headquarters
Miami Beach, FL, US
About OmniLit Acquisition Corp.

OmniLit Acquisition Corp. is a special purpose acquisition company (SPAC) formed to complete a business combination such as a merger, asset acquisition, stock purchase, or reorganization with other enterprises. The company's strategy is to identify and partner with businesses or assets primarily within the photonics, optics, and related technology sectors. It was established in 2021 and operates from Miami Beach, Florida.

Comparable companies

OmniLit Acquisition Corp. is most often compared with the following Financial Services names:

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