Yotta Acquisition Corp (YOTA)
Yotta Acquisition Corporation aims to achieve strategic business combinations with one or more entities. This includes a range of corporate transactions such as mergers, share exchanges, asset purchases, stock acquisitions, recapitalizations, and reorganizations. The firm primarily seeks opportunities within high technology, blockchain, software and hardware development, e-commerce, and social media sectors, though it also considers other general business industries on a global scale. Established in 2021, Yotta Acquisition Corporation is headquartered in New York City and operates as a subsidiary of Yotta Investment LLC.
Sector: Retail-Auto Dealers & Gasoline Stations
Industry: Shell Companies
Yotta Acquisition Corporation
NASDAQ:YOTAFinancial Services · Shell Companies
Mkt Cap-
Float467K
O/S3.68M
Vol
$ Vol
RVOL
Inst Own-
SI0.6%
Earnings
Dilution
Financials Summary
Revenue$0
Net Income$604.12M
Total Assets$5.63M
Free Cash Flow-$942K
Debt & Equity
Total Debt$2.24M
Total Equity-$2.96M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in YOTA's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.63M
Liabilities$8.59M
Accounts Receivable$0
Accounts Payable$867K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $667.03M | $1.5M | $1.02M | $1K |
| Other | -$666.33M | $44K | $176K | $10K |
| Total Operating Expenses | $704K | $1.54M | $1.2M | $12K |
| Operating Income (EBIT) | -$703.58M | -$1.54M | -$1.2M | -$12K |
| Operating Margin | - | - | - | - |
| Interest Expense | $0 | $0 | $0 | $0 |
| Interest Income | $364K | $2.79M | $1.65M | $0 |
| Other Income (Expense) | $1.08B | $3.42M | $1.65M | $0 |
| Income Before Tax (EBT) | $371.48M | $1.88M | $455K | -$12K |
| Income Tax Expense | -$232.64M | $451K | $310K | $0 |
| Net Income | $604.12M | $1.43M | $145K | -$12K |
| Net Income Margin | - | - | - | - |
| Supplementary Data | ||||
| EPS | 950.86 | 0.17 | 0.05 | -0.00 |
| Diluted EPS | 950.86 | 0.17 | 0.01 | -0.00 |
| Weighted Average OS | 635,343 | 8.60M | 2.90M | 12.81M |
| EBITDA | -$703.58M | $3.42M | $455K | $2K |
| EBITDA Margin | - | - | - | - |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | ||||
| Current Assets | ||||
| Cash and Cash Equivalents | $195K | $652K | $236K | $196K |
| Short-Term Investments | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $195K | $652K | $236K | $196K |
| Accounts Receivable | $0 | $0 | $11K | $0 |
| Inventory | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 |
| Total Current Assets | $217K | $652K | $331K | $196K |
| Long-Term Assets | ||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 |
| Long-Term Investments | $5.42B | $7.92M | $117K | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | -$5.41M | $0 | $116.53M | $100K |
| Total Long-Term Assets | $5.42M | $7.92M | $116.65M | $100K |
| Other Assets | $0 | $0 | $0 | $1 |
| Total Assets | $5.63M | $8.57M | $116.98M | $296K |
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts Payable | $867K | $0 | $0 | $0 |
| Short-Term Debt | $2.24M | $1.66M | $0 | $250K |
| Current Income Tax Payable | $1.46M | $451K | $496K | $11K |
| Current Unearned Revenue | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $149K | $0 | $0 | $0 |
| Total Current Liabilities | $4.57M | $4.53M | $1.13M | $282K |
| Long-Term Liabilities | ||||
| Long-Term Debt | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $4.03M | $4.03M | $4.03M | $0 |
| Total Long-Term Liabilities | $4.03M | $4.03M | $4.03M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Total Liabilities | $8.59M | $8.56M | $5.15M | $282K |
| Stockholders' Equity | ||||
| Preferred Stock | $0 | $0 | $0 | $0 |
| Common Stock | $5.42M | $7.92M | $116.65M | $287 |
| Retained Earnings | -$8.38M | -$7.91M | -$4.82M | -$12K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $25K |
| Total Equity | -$2.96M | $17K | $111.83M | $13K |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.63M | $8.57M | $116.98M | $296K |
| Supplementary Data | ||||
| Total Debt | $2.24M | $1.66M | $0 | $250K |
| Net Debt | $2.04M | $1.01M | -$236K | $54K |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | ||||
| Net Income | $139K | $1.43M | $145K | -$12K |
| Depreciation & Amortization | $0 | $1.54M | $0 | $14K |
| Deferred Income Tax | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||
| Accounts Receivable | $0 | $11K | -$11K | $0 |
| Inventory | $0 | $0 | $11K | $0 |
| Accounts Payable | -$390K | $624K | $611K | $0 |
| Other Working Capital | -$332K | $83K | $390K | $13K |
| Total Working Capital Change | -$721K | $718K | $1M | $13K |
| Other Non-Cash Items | -$941.21M | -$4.32M | -$1.65M | -$15K |
| Net Cash from Operating | -$941.79M | -$634K | -$505K | $14 |
| Investing Activities | ||||
| Capital Expenditures | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | -$115B | $0 |
| Sales of Investments | $2.96M | $0 | $0 | $0 |
| Other Investing Activities | $2.86B | $111.51M | $114.89B | $0 |
| Net Cash from Investing | $2.86B | $111.51M | -$115M | $0 |
| Financing Activities | ||||
| Debt Repaid | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $118.44M | -$54K |
| Common Stock Repurchases | -$2.96M | -$112.12M | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$2.38B | $0 | -$2.64M | $235K |
| Net Cash from Financing | -$2.38B | -$110.46M | $115.55M | $235K |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$457.62M | $417K | $40K | $196K |
| Supplementary Data | ||||
| Operating Cash Flow | -$942K | -$634K | -$505K | $14 |
| Capital Expenditure | $0 | $4 | -$5 | $0 |
| Free Cash Flow | -$942K | -$634K | -$505K | $14 |
| Cash at Beginning | $652.39M | $236K | $196K | -$14 |
| Cash at End | $194.78M | $652K | $236K | $196K |