Critical Contrast: Apex Technology Acquisition (NASDAQ:APXT) vs. iCoreConnect (NASDAQ:ICCT)

Apex Technology Acquisition (NASDAQ:APXT) and iCoreConnect (NASDAQ:ICCT) are both small-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, earnings, analyst recommendations, profitability and valuation.

Valuation & Earnings

This table compares Apex Technology Acquisition and iCoreConnect”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Apex Technology Acquisition	N/A	N/A	-$60.72 million	N/A	N/A
iCoreConnect	$11.05 million	0.00	-$15.55 million	($44.40)	0.00

iCoreConnect has higher revenue and earnings than Apex Technology Acquisition.

Analyst Ratings

This is a summary of recent recommendations and price targets for Apex Technology Acquisition and iCoreConnect, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Apex Technology Acquisition	1	0	0	0	1.00
iCoreConnect	0	0	0	0	0.00

Volatility & Risk

Apex Technology Acquisition has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500. Comparatively, iCoreConnect has a beta of 33.29, indicating that its share price is 3,229% more volatile than the S&P 500.

Insider & Institutional Ownership

6.0% of Apex Technology Acquisition shares are owned by institutional investors. Comparatively, 13.4% of iCoreConnect shares are owned by institutional investors. 21.1% of Apex Technology Acquisition shares are owned by company insiders. Comparatively, 59.4% of iCoreConnect shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Apex Technology Acquisition and iCoreConnect’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Apex Technology Acquisition	N/A	-750.42%	-10.63%
iCoreConnect	-263.12%	-1,451.73%	-171.32%

Summary

iCoreConnect beats Apex Technology Acquisition on 5 of the 9 factors compared between the two stocks.

About Apex Technology Acquisition

Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.

About iCoreConnect

iCoreConnect Inc., a cloud-based software and technology company, provides Health Insurance Portability and Accountability Act (HIPAA) compliant cloud-based software as a service (SaaS) in the United States. The company’s products include iCoreRx, a HIPAA compliant electronic prescription software; iCorePDMP, a solution that checks the patient’s Prescription Drug Monitoring Program (PDMP) history before prescribing controlled substances; iCoreVerify and iCoreVerify+, a HIPAA compliant SaaS solution that automatically retrieves a patients insurance eligibility breakdown to verify their benefits in advance of their appointment and on-demand; iCoreHuddle and iCoreHuddle+, a tool to instantly reveal the revenue potential of each patient; and iCoreCodeGenius, a medical coding reference SaaS solution. It also offers iCoreExchange, a SaaS email solution that allows doctors to send and receive secure email with attachments to and from other healthcare professionals; iCoreCloud, ability to backup their on-premise servers and computers to the cloud; iCoreClaims, for processing and managing claims submitted by policyholders or dental care providers; iCorePay, a patient payment processing solutions for payment and revenue cycle tracking; iCoreSecure, secure SaaS solution that solves privacy concerns in the insurance, real estate, financial and many other industry sectors; and iCoreIT, an IT managed services. The company was formerly known as iMedicor, Inc. and changed its name to iCoreConnect Inc. in June 2017. iCoreConnect Inc. was founded in 1992 and is headquartered in Ocoee, Florida.