GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » IG Acquisition Corp (NAS:IGAC) » Definitions » Profitability Rank

IG Acquisition (IG Acquisition) Profitability Rank : 3 (As of Sep. 2022)


View and export this data going back to 2020. Start your Free Trial

What is IG Acquisition Profitability Rank?

IG Acquisition has the Profitability Rank of 3. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

IG Acquisition's Operating Margin % for the quarter that ended in Sep. 2022 was %. As of today, IG Acquisition's Piotroski F-Score is 0.


Competitive Comparison of IG Acquisition's Profitability Rank

For the Shell Companies subindustry, IG Acquisition's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


IG Acquisition's Profitability Rank Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, IG Acquisition's Profitability Rank distribution charts can be found below:

* The bar in red indicates where IG Acquisition's Profitability Rank falls into.



IG Acquisition Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

IG Acquisition has the Profitability Rank of 3. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

IG Acquisition's Operating Margin % for the quarter that ended in Sep. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=-0.733 / 0
= %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

IG Acquisition has an F-score of 0. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


IG Acquisition Profitability Rank Related Terms

Thank you for viewing the detailed overview of IG Acquisition's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


IG Acquisition (IG Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
251 Park Avenue South, 8th Floor, New York, NY, USA, 10010
IG Acquisition Corp is a blank check company.
Executives
G1 Execution Services, Llc 10 percent owner 175 W. JACKSON BLVD., SUITE 1700, 501 PLAZA 2, CHICAGO IL 60604
Susquehanna Securities, Llc 10 percent owner 401 CITY AVENUE, SUITE 220, BALA CYNWYD PA 19004
Ig Sponsor Llc 10 percent owner 251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010
Christian Goode director, officer: Chief Executive Officer 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Abigail May director 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Bradley Tusk director, 10 percent owner 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Farrell Edward Martin Jr. officer: Chief Financial Officer 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10105
Catharine Dockery director 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Kenneth Kweku director 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Peter Ward director 251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010

IG Acquisition (IG Acquisition) Headlines