Renamed to Polestar Automotive NASDAQ:PSNY after SPACquisition in August 2022
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GGPI - Gores Guggenheim, Inc.

NASDAQ -> Financial Services -> Shell Companies
Boulder, United States
Type: Equity

GGPI price evolution
GGPI
(in millions $) 1 May 2022 31 Jan 2022 30 Oct 2021 30 Jul 2021
Current assets
Cash
Short term investments
Net receivables
Inventory
Total current assets $1.59 $1.78 $2.3 $3.19
Long term investments
Property, plant & equipment
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $801.72 $801.84 $802.34 $803.22
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities $89.65 $104.93 $58.84 $36.94
Long term debt
Total noncurrent liabilities
Total debt
Total liabilities $117.65 $132.93 $86.84 $64.94
Shareholders' equity
Retained earnings -$115.93 -$131.1 -$84.5 -$61.72
Other shareholder equity
Total shareholder equity
(in millions $) 31 Jan 2022 31 Jan 2021
Current assets
Cash
Short term investments
Net receivables
Inventory
Total current assets $1.78
Long term investments
Property, plant & equipment
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $801.84
Current liabilities
Accounts payable
Deferred revenue
Short long term debt
Total current liabilities $104.93
Long term debt
Total noncurrent liabilities
Total debt
Total liabilities $132.93
Shareholders' equity
Retained earnings -$131.1
Other shareholder equity
Total shareholder equity
(in millions $) 1 May 2022 31 Jan 2022 30 Oct 2021 30 Jul 2021
Revenue
Total revenue
Cost of revenue
Gross Profit
Operating activities
Research & development
Selling, general & administrative
Total operating expenses $1.66 $2.61 $5.04 $0.7
Operating income
Income from continuing operations
EBIT
Income tax expense
Interest expense $16.83 -$43.98 -$17.74 -$10.5
Net income
Net income $15.17 -$46.6 -$22.78 -$11.2
Income (for common shares)
(in millions $) 31 Jan 2022 31 Jan 2021
Revenue
Total revenue
Cost of revenue
Gross Profit
Operating activities
Research & development
Selling, general & administrative
Total operating expenses $9.25
Operating income
Income from continuing operations
EBIT
Income tax expense
Interest expense -$72.69
Net income
Net income -$81.94
Income (for common shares)
(in millions $) 1 May 2022 31 Jan 2022 30 Oct 2021 30 Jul 2021
Net income
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations
Investing activities
Capital expenditures
Investments
Total cash flows from investing -$0.08 -$800.06 -$800.04 -$800.03
Financing activities
Dividends paid
Sale and purchase of stock
Net borrowings
Total cash flows from financing $0.5 $803.27 $803.27 $803.27
Effect of exchange rate
Change in cash and equivalents $0.05 $0.3 $0.49 $1.06
(in millions $) 31 Jan 2022 31 Jan 2021
Net income
Operating activities
Depreciation
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations
Investing activities
Capital expenditures
Investments
Total cash flows from investing -$800.06
Financing activities
Dividends paid
Sale and purchase of stock
Net borrowings
Total cash flows from financing $803.27
Effect of exchange rate
Change in cash and equivalents $0.3
Fundamentals
Market cap N/A
Enterprise value N/A
Shares outstanding 20.00M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income -$65.41M
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio 0.00
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS -$3.27
ROA -8.15%
ROE N/A
Debt/Equity N/A
Net debt/EBITDA N/A
Current ratio 0.02
Quick ratio N/A