Financial Contrast: Spree Acquisition Corp. 1 (NYSE:SHAP) vs. Exela Technologies (NASDAQ:XELA)

Earnings & Valuation

This table compares Spree Acquisition Corp. 1 and Exela Technologies”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Spree Acquisition Corp. 1	N/A	N/A	$4.35 million	N/A	N/A
Exela Technologies	$1.02 billion	0.00	-$125.16 million	($8.57)	-0.01

Spree Acquisition Corp. 1 has higher earnings, but lower revenue than Exela Technologies.

Institutional & Insider Ownership

9.9% of Spree Acquisition Corp. 1 shares are held by institutional investors. Comparatively, 16.3% of Exela Technologies shares are held by institutional investors. 58.4% of Spree Acquisition Corp. 1 shares are held by company insiders. Comparatively, 0.1% of Exela Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Spree Acquisition Corp. 1 and Exela Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Spree Acquisition Corp. 1	N/A	-22.17%	6.72%
Exela Technologies	-4.87%	N/A	-8.48%

Risk and Volatility

Spree Acquisition Corp. 1 has a beta of -0.02, indicating that its stock price is 102% less volatile than the S&P 500. Comparatively, Exela Technologies has a beta of 1.63, indicating that its stock price is 63% more volatile than the S&P 500.

About Spree Acquisition Corp. 1

Spree Acquisition Corp. 1 Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the mobility-related technology businesses. The company was incorporated in 2021 and is based in Atlanta, Georgia.

About Exela Technologies

Exela Technologies, Inc. (Exela), formerly Quinpario Acquisition Corp. 2, is engaged in providing information and transaction processing solutions. The Company’s segments include Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS) and Legal & Loss Prevention Services (LLPS). ITPS provides industry solutions for banking and financial services, including lending solutions for mortgages, banking solutions for clearing, anti-money laundering, sanctions, cross-border settlement; property and casualty insurance solutions for enrollments, and communications. The HS segment offerings include integrated accounts payable and accounts receivable, and information management for both the healthcare payer and provider markets. The LLPS segment solutions include processing of legal claims for class action and mass action settlement administrations, involving project management support, notification and collection, analysis, and distribution of settlement funds.