Financial Contrast: Treasure Global (NASDAQ:TGL) vs. Spree Acquisition Corp. 1 (NYSE:SHAP)

Profitability

This table compares Spree Acquisition Corp. 1 and Treasure Global’s 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%
Treasure Global	-99.73%	-22.72%	-21.33%

Earnings and Valuation

This table compares Spree Acquisition Corp. 1 and Treasure Global”s 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
Treasure Global	$22.07 million	0.13	-$6.59 million	N/A	N/A

Spree Acquisition Corp. 1 has higher earnings, but lower revenue than Treasure Global.

Risk and Volatility

Spree Acquisition Corp. 1 has a beta of -0.02, meaning that its share price is 102% less volatile than the S&P 500. Comparatively, Treasure Global has a beta of 3.04, meaning that its share price is 204% more volatile than the S&P 500.

Insider & Institutional Ownership

9.9% of Spree Acquisition Corp. 1 shares are owned by institutional investors. 58.4% of Spree Acquisition Corp. 1 shares are owned by insiders. Comparatively, 0.2% of Treasure Global shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Spree Acquisition Corp. 1 beats Treasure Global on 6 of the 8 factors compared between the two stocks.

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 Treasure Global

Treasure Global Inc. offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform. Treasure Global Inc. was incorporated in 2020 and is based in New York, New York.