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Progress Acquisition (Progress Acquisition) Scaled Net Operating Assets : 1.00 (As of Sep. 2022)


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What is Progress Acquisition Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Progress Acquisition's operating assets for the quarter that ended in Sep. 2022 was $173.35 Mil. Progress Acquisition's operating liabilities for the quarter that ended in Sep. 2022 was $1.11 Mil. Progress Acquisition's Total Assets for the quarter that ended in Jun. 2022 was $172.89 Mil. Therefore, Progress Acquisition's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2022 was 1.00.


Progress Acquisition Scaled Net Operating Assets Historical Data

The historical data trend for Progress Acquisition's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Progress Acquisition Scaled Net Operating Assets Chart

Progress Acquisition Annual Data
Trend Dec20 Dec21
Scaled Net Operating Assets
0.76 1,681.63

Progress Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Scaled Net Operating Assets Get a 7-Day Free Trial 0.98 0.98 0.99 0.99 1.00

Competitive Comparison of Progress Acquisition's Scaled Net Operating Assets

For the Shell Companies subindustry, Progress Acquisition's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Progress Acquisition's Scaled Net Operating Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Progress Acquisition's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Progress Acquisition's Scaled Net Operating Assets falls into.



Progress Acquisition Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Progress Acquisition's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(172.79-2.945)/0.101
=1,681.63

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=172.901 - 0.111
=172.79

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.945 - 0 - 0
=2.945

Progress Acquisition's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2022 )
=(Operating Assets (Q: Sep. 2022 )-Operating Liabilities (Q: Sep. 2022 ))/Total Assets (Q: Jun. 2022 )
=(173.346-1.111)/172.891
=1.00

where

Operating Assets(Q: Sep. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=173.367 - 0.021
=173.346

Operating Liabilities(Q: Sep. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.123 - 0 - 0.012
=1.111

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Progress Acquisition Scaled Net Operating Assets Related Terms

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Progress Acquisition (Progress Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
50 Milk Street, 16th Floor, Boston, TX, USA, 02109
Progress Acquisition Corp is a blank check company.
Executives
Rcg Lv Pearl Llc 10 percent owner 599 LEXINGTON AVENUE, NEW YORK NY 10022
Cowen Inc. 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Cowen Holdings, Inc. 10 percent owner 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Cowen And Company, Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Isos Sponsor Iii Llc other: Member of sponsor 55 POST ROAD W, SUITE 200, WESTPORT CT 06880
Winston Meade officer: Chief Strategy Officer 55 POST ROAD W, SUITE 200, WESTPORT CT 06880
George A. Barrios officer: Co-President of Issuer C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Michelle D Wilson officer: Co-President of Issuer C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Sanjay Puri director 50 MILK STREET, 16TH FLOOR, BOSTON MA 02109
Richard Battista director C/O LODGENET INTERACTIVE CORPORATION, 3900 WEST INNOVATION STREET, SIOUX FALLS SD 57107-7002
David J Arslanian 10 percent owner, officer: President 76 SUMMER ST. 5TH FLOOR, BOSTON MA 02110
Progress Capital I, Llc 10 percent owner 50 MILK STREET, 16TH FLOOR, BOSTON MA 02109