NASDAQ$FLD

Fold Holdings Inc · Q2 2024 earnings

Q2 2024 earnings · · After market close · Investor relations

Briefing

FTAC Emerald Acquisition Corp reported a net loss of $223807 for the three months ended June 30 2024.

The blank check company recorded general and administrative expenses of $626004 offset by interest income of $664259 from the trust account and interest expense of $126620 resulting in a net loss of $223807 or $0.02 per Class A share. Cash outside the trust account was $109206 with total assets of $51761760.

  • Net loss of $223807 for Q2 2024
  • Interest income earned on trust account investments totaled $664259
  • General and administrative expenses were $626004
  • Working capital deficit stood at $5365129 as of period end

Headline financials

EPS (adj)

-$0.02

Previous: $0.05-139.9%
Capital Expenditures

$0.00

No prior period
Net Income

-$224K

Previous: $1.73M-113.0%
Operating Income

-$626K

Previous: -$695K+9.9%
Cash & Equivalents

$109K

No prior period
Total Assets

$51.8M

No prior period

Revenue & EPS history

TAC Emerald · Revenue · Quarterly

$8.18M

Q2 2025
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 9 quarterly earnings reports

Historical avg

-0.7%

Avg return

Earnings day

-0.1%

Avg return

5 days after

-3.5%

Avg return

30 days after

50%

5 / 10 earnings

Positive

+0.7%

Q4 2023

Best reaction

-4.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2024
Q2 2025
Q1 2026-1.4%-3.4%-54.9%
Q3 2025-4.9%-2.9%+2.3%
Q1 2025-2.9%+3.6%+13.6%
Q3 2024+0.3%+0.2%+0.5%
Q1 2024+0.5%+0.9%+1.1%
Q4 2023+0.7%+0.3%+0.0%
Q3 2023+0.2%+0.2%+0.3%
Q2 2023-0.1%+0.0%+0.6%
Q1 2023+0.0%+0.0%+1.1%
Q4 2022+0.2%+0.2%+0.7%

Discussion

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