Apollo Strategic Growth Capital is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It may pursue an initial business combination target in any business or industry.
Company profile
Ticker
GBTG
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Booking • Expedia • GXO Logistics • GATX • RXO • XPO • Virgin Galactic • Tuniu • ModivCare • Despegar.com ...
Former names
Apollo Strategic Growth Capital
SEC CIK
Corporate docs
Subsidiaries
30 SecondsToFly (Thailand) Co., Ltd. • Advanced Reservation Centre S.r.l. • ATLAS REISEN GmbH • ATLAS/ RVS Reiseburo Verwaltungs Service GmbH • Banks and Sadler Inc. • Banks Sadler Group Limited • Banks Sadler Limited • Banks Sadler SARL • Business Travel International B.V. • Chartwell Travel Ltd ...
IRS number
980598290
GBTG stock data
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
10 Aug 23
8-K
American Express Global Business Travel Reports Record Revenue in Q2 2023 and Raises Guidance
10 Aug 23
8-K
American Express Global Business Travel Announces Simplification of Corporate Structure
10 Jul 23
EFFECT
Notice of effectiveness
14 Jun 23
424B3
Prospectus supplement
13 Jun 23
8-K
Submission of Matters to a Vote of Security Holders
9 Jun 23
424B3
Prospectus supplement
9 Jun 23
EFFECT
Notice of effectiveness
9 Jun 23
CORRESP
Correspondence with SEC
9 Jun 23
UPLOAD
Letter from SEC
8 Jun 23
Latest ownership filings
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
|---|---|---|---|---|
| Revenue | ||||
| Cost of revenue | ||||
| Operating income | ||||
| Operating margin | ||||
| Net income | ||||
| Net profit margin | ||||
| Cash on hand | ||||
| Change in cash | ||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 348.00 mm | 348.00 mm | 348.00 mm | 348.00 mm | 348.00 mm | 348.00 mm |
| Cash burn (monthly) | (no burn) | 9.00 mm | (no burn) | 7.50 mm | (no burn) | 9.67 mm |
| Cash used (since last report) | n/a | 25.35 mm | n/a | 21.12 mm | n/a | 27.22 mm |
| Cash remaining | n/a | 322.65 mm | n/a | 326.88 mm | n/a | 320.78 mm |
| Runway (months of cash) | n/a | 35.9 | n/a | 43.6 | n/a | 33.2 |
Institutional ownership, Q2 2023
| 13F holders | Current |
|---|---|
| Total holders | 55 |
| Opened positions | 24 |
| Closed positions | 13 |
| Increased positions | 13 |
| Reduced positions | 7 |
| 13F shares | Current |
|---|---|
| Total value | 433.17 bn |
| Total shares | 480.15 mm |
| Total puts | 24.30 k |
| Total calls | 49.00 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Juweel Investors | 162.39 mm | $0.00 |
| AXP American Express | 157.79 mm | $0.00 |
| EXPE Expedia | 74.27 mm | $0.00 |
| Apollo Management | 25.71 mm | $185.86 bn |
| Apollo Principal Holdings III GP | 25.71 mm | $139.59 mm |
| Ares Management | 8.68 mm | $62.72 bn |
| HG Vora Capital Management | 8.20 mm | $59.29 bn |
| ZM Zoom Video Communications | 4.00 mm | $28.92 bn |
| Carronade Capital Management | 3.30 mm | $23.84 bn |
| Dendur Capital | 2.04 mm | $14.75 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Sep 23 | Paul G Abbott | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.65 | 183,594 | 1.22 mm | 2,353,981 |
| 1 Sep 23 | Evan Konwiser | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.65 | 25,619 | 170.37 k | 695,067 |
| 1 Sep 23 | Patricia Anne Huska | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.65 | 44,833 | 298.14 k | 1,344,031 |
| 1 Sep 23 | Andrew George Crawley | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.65 | 91,797 | 610.45 k | 1,034,874 |
| 1 Sep 23 | Eric J. Bock | Class A Common Stock | Payment of exercise | Dispose F | No | No | 6.65 | 76,856 | 511.09 k | 1,954,584 |
News
Deutsche Bank Maintains Buy on Global Business Travel, Raises Price Target to $9
11 Aug 23
Credit Suisse Maintains Outperform on Global Business Travel, Raises Price Target to $12
11 Aug 23
Global Business Travel Q2 EPS $(0.23) Misses $0.01 Estimate, Sales $592.00M Beat $566.50M Estimate
10 Aug 23
Earnings Scheduled For August 10, 2023
10 Aug 23
Press releases
American Express Global Business Travel to Present at Citi's 2023 Global Technology Conference on September 7, 2023
31 Aug 23
American Express Global Business Travel Reports Record Revenue in Q2 2023 and Raises Guidance
10 Aug 23
American Express Global Business Travel Announces Simplification of Corporate Structure
10 Jul 23
AlTi Announces Board Appointment
29 Jun 23