Contrasting Currenc Group (NASDAQ:CURR) & Launch One Acquisition (NASDAQ:LPAA)

Launch One Acquisition (NASDAQ:LPAA) and Currenc Group (NASDAQ:CURR) are both small-cap financial services companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, dividends, institutional ownership, profitability, analyst recommendations, earnings and risk.

Volatility & Risk

Launch One Acquisition has a beta of 0.01, indicating that its stock price is 99% less volatile than the S&P 500. Comparatively, Currenc Group has a beta of 0.09, indicating that its stock price is 91% less volatile than the S&P 500.

Earnings & Valuation

This table compares Launch One Acquisition and Currenc Group”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Launch One Acquisition	N/A	N/A	N/A	N/A	N/A
Currenc Group	$46.44 million	1.68	-$39.47 million	($0.88)	-1.91

Launch One Acquisition has higher earnings, but lower revenue than Currenc Group.

Insider and Institutional Ownership

56.0% of Currenc Group shares are owned by institutional investors. 17.8% of Currenc Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of current recommendations and price targets for Launch One Acquisition and Currenc Group, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Launch One Acquisition	1	0	0	0	1.00
Currenc Group	1	1	0	1	2.33

Currenc Group has a consensus price target of $3.50, indicating a potential upside of 108.33%. Given Currenc Group’s stronger consensus rating and higher probable upside, analysts plainly believe Currenc Group is more favorable than Launch One Acquisition.

Profitability

This table compares Launch One Acquisition and Currenc Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Launch One Acquisition	N/A	N/A	N/A
Currenc Group	-84.72%	N/A	-34.02%

Summary

Currenc Group beats Launch One Acquisition on 7 of the 9 factors compared between the two stocks.

About Launch One Acquisition

Launch One Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Launch One Acquisition Corp. is based in New York.

About Currenc Group

Currenc Group, Inc. engages in operating a fintech banking platform. It operates through the following segments: Remittance Services, Sales of Airtime, and Other Services. The company is headquartered in Singapore.