Caravelle International Group (CACO)

NASDAQ: CACO · IEX Real-Time Price · USD
0.670
+0.001 (0.15%)
Feb 26, 2024, 4:00 PM EST - Market closed
0.15%
Market Cap 34.30M
Revenue (ttm) 185.35M
Net Income (ttm) 12.23M
Shares Out 52.77M
EPS (ttm) 0.24
PE Ratio 2.79
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 23,296
Open 0.654
Previous Close 0.669
Day's Range 0.600 - 0.670
52-Week Range 0.440 - 1.450
Beta 0.36
Analysts n/a
Price Target n/a
Earnings Date Mar 8, 2024

About CACO

Caravelle International Group, through its subsidiaries, provides ocean transportation services in Singapore and internationally. The company operates through two segments, Ocean Transportation and Heating Business. It provides international shipping services and carbon-neutral solutions for wood desiccation. The company also provides seaborne transportation services under the voyage contracts. In addition, it provides vessel services on behalf of ship owners. The company is headquartered in Singapore. [Read more]

Industry Marine Shipping
Sector Industrials
CEO Dr. Guohua Zhang
Employees 34
Stock Exchange NASDAQ
Ticker Symbol CACO
Full Company Profile

Financial Performance

In 2022, CACO's revenue was $185.35 million, an increase of 51.97% compared to the previous year's $121.96 million. Earnings were $12.23 million, an increase of 130.35%.

Financial Statements

News

Caravelle's Chairman of the Board and CEO, Dr. Guohua Zhang, invited to Davos Summit 2024

--Milestone Initiative on Ocean Carbon Neutral Sustainability with Fortune 500 CEOs and ESG Leaders SINGAPORE , Jan. 24, 2024 /PRNewswire/ -- Dr Guohua Zhang, Chairman and CEO of Caravelle Internation...

4 weeks ago - PRNewsWire

Caravelle International Group Announces a Private Placement of up to $6.8 Million

SINGAPORE , Jan. 10, 2024 /PRNewswire/ -- Caravelle International Group (the "Company", Nasdaq: CACO), a trailblazing global ocean technology company, today announced that it has entered into a securi...

6 weeks ago - PRNewsWire

Caravelle International Group Announces Receipt of Nasdaq Notification and Outlines Compliance Plan

SINGAPORE , Nov. 17, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a trailblazing global ocean technology company, today announced that it has received a notification from the Nas...

3 months ago - PRNewsWire

Navigating Future Profits: Caravelle's New Ship & Proprietary Carbon Reduction Tech Set to Surge Revenue and Profit Margins

SINGAPORE , Oct. 12, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a trailblazing global ocean technology company, is thrilled to announce the signing of a Bareboat Charter Agreem...

4 months ago - PRNewsWire

Caravelle International Group Regains Compliance with Nasdaq Filing Requirement

SINGAPORE , Aug. 29, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it has received a letter from The Nasdaq Stock Market LL...

6 months ago - PRNewsWire

Caravelle International Group Announces Audited Financial Results for 2022 with 51.9% Revenue Growth and 118.2% Increase in EPS

Audited revenue for 2022 of $185.3 million, up from $122.0 million in 2021, marking a 51.9% growth. Caravelle earned $12.2 million in 2022 vs.

6 months ago - PRNewsWire

Caravelle International Group Granted Extension by Nasdaq to Regain Compliance with Filing Requirements

SINGAPORE , July 21, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it has received a letter from The Nasdaq Stock Market LL...

7 months ago - PRNewsWire

CARAVELLE INTERNATIONAL GROUP ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION REGARDING MINIMUM BID PRICE DEFICIENCY

SINGAPORE , June 13, 2023 /PR Newswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it received a notification letter dated June 7, 2023 (t...

9 months ago - PRNewsWire

CARAVELLE INTERNATIONAL GROUP SIGNS $25 MILLION SUPPLY AGREEMENT TO DELIVER 50,000 CUBIC METERS OF WOOD TO SOUTH AFRICA

SINGAPORE , May 25, 2023 /PR Newswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced it has signed a supply agreement with South African company B...

9 months ago - PRNewsWire

Caravelle International Group Announces Receipt of Nasdaq Deficiency Notice

SINGAPORE , May 17, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it received a notice from The Nasdaq Stock Market LLC (Na...

10 months ago - PRNewsWire

Caravelle International Group's CEO Sells Company His Sawmill and Laminate Wood Flooring Factories Valued at $30 Million for $1

Acquisition could add $150 million in revenue and $30 million in profit when operating at full-scale SINGAPORE , April 26, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global o...

10 months ago - PRNewsWire

Caravelle International Group Announces 3-Year Procurement Contract with Bestwood Joinery Worth $60 Million

This deal marks the commercial launch of Caravelle's revolutionary CO-Tech lumber drying in transit service SINGAPORE , April 3, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a gl...

11 months ago - PRNewsWire

Caravelle International Group Announces New Corporate Website and Investor Presentation

SINGAPORE , March 22, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq:CACO), a global ocean technology company, today announced that the company has unveiled a new corporate website and inv...

1 year ago - PRNewsWire

Caravelle International Group Partners with U.S. Firm to Export Wood Products from Gabon, Africa to the U.S.

Caravelle estimates partnership could generate $200 million in revenue within several years U.S. partner to fund construction of the mill NEW YORK , March 2, 2023 /PRNewswire/ -- Caravelle Internation...

1 year ago - PRNewsWire

5 Industrials Stocks That Are Diving - And May Rally

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: ATXGEVTLGETRGRIN
1 year ago - Benzinga

Caravelle International Group Begins Trading on NASDAQ Under the Ticker CACO

NEW YORK , Dec. 19, 2022 /PRNewswire/ -- Caravelle International Group ("Caravelle"), a global ocean technology company, today announced that the company has begun trading on the NASDAQ under the tick...

1 year ago - PRNewsWire

Pacifico and Caravelle Postpone Closing of Merger Transaction

NEW YORK , Dec. 7, 2022 /PRNewswire/ -- Pacifico Acquisition Corp. (Nasdaq: PAFO; "Pacifico"), a publicly traded special purpose acquisition company, today announced that Pacifico and Caravelle Group ...

1 year ago - PRNewsWire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Pacifico Acquisition Corp. Merger

Wilmington, Delaware--(Newsfile Corp. - May 12, 2022) - Rigrodsky Law, P.A. is investigating Pacfiico Acquisition Corp. ("Pacifico") (NASDAQ: PAFO) regarding possible breaches of fiduciary duties and ...

1 year ago - Newsfile Corp

Caravelle Group Co., Ltd, an Ocean Technology and Shipping Company, to Become Publicly Traded via Merger with Pacifico Acquisition Corp.

Caravelle Group Co., Ltd ("Caravelle") is an ocean technology company providing international shipping services and carbon-neutral solutions for wood desiccation. Caravelle has developed and commercia...

2 years ago - PRNewsWire