FTAC Athena Acquisition (NAS:FTAAU) Selling, General, & Admin. Expense

: $1.57 Mil (TTM As of Sep. 2022)

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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. FTAC Athena Acquisition's selling, general, & admin. expense for the three months ended in Sep. 2022 was $0.22 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2022 was $1.57 Mil.

FTAC Athena Acquisition Selling, General, & Admin. Expense Historical Data

The historical data trend for FTAC Athena Acquisition's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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FTAC Athena Acquisition Annual Data

Trend

Dec20

Dec21

Selling, General, & Admin. Expense

1.86

FTAC Athena Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Selling, General, & Admin. Expense			1.01	0.47	0.46	0.42	0.22

Competitive Comparison

For the Shell Companies subindustry, FTAC Athena Acquisition's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

FTAC Athena Acquisition Selling, General, & Admin. Expense Distribution

For the Diversified Financial Services industry and Financial Services sector, FTAC Athena Acquisition's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where FTAC Athena Acquisition's Selling, General, & Admin. Expense falls in comparison to its industry or sector. The grey bar indicates the Selling, General, & Admin. Expense's extreme value range as defined by GuruFocus.

FTAC Athena Acquisition Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.57 Mil.

FTAC Athena Acquisition (NAS:FTAAU) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.

FTAC Athena Acquisition Selling, General, & Admin. Expense Related Terms

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FTAC Athena Acquisition (NAS:FTAAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Athena Acquisition Corp (NAS:FTAAU) » Definitions » Selling, General, & Admin. Expense

Comparable Companies

Traded in Other Exchanges

FTAA:USA

Address

2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104

Website

FTAC Athena Acquisition Corp is a blank check company.

Executives

Candice N Bednar	director	2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Douglas Listman	officer: CFO and Secretary	2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Mei Mei Tuan	director	C/O THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Daniela Mielke	director	8500 GOVERNORS HILL DRIVE, SYMMES TOWNSHIP OH 45249
Betsy Z Cohen	director, 10 percent owner
Amanda J Abrams	10 percent owner, officer: Chief Executive Officer	1000 CONTINENTAL DRIVE, SUITE 300, KING OF PRUSSIA PA 19406
Ftac Athena Advisors, Llc	10 percent owner	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Athena Sponsor, Llc	10 percent owner	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Jewelle Bickford	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Leah Popowich	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104