Presto Automation Inc. (PRST)

NASDAQ: PRST · IEX Real-Time Price · USD
3.00
-2.00 (-40.00%)
Sep 23, 2022 4:00 PM EDT - Market closed
-40.00%
Market Cap 208.39M
Revenue (ttm) 52.37M
Net Income (ttm) -85.96M
Shares Out 69.46M
EPS (ttm) 0.06
PE Ratio 50.00
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,274,846
Open 5.08
Previous Close 5.00
Day's Range 2.86 - 5.15
52-Week Range 2.70 - 8.63
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About PRST

Ventoux CCM Acquisition Corp. does not have significant operations. It intends to focus on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination, with one or more businesses in the hospitality, leisure, travel, and dining sectors in North America. The company was formerly known as Chardan Global Acquisition Corp. Ventoux CCM Acquisition Corp. was incorporated in 2019 and is based in Greenwich, Connecticut. [Read more...]

Industry Shell Companies
Founded 2008
Employees 4
Stock Exchange NASDAQ
Ticker Symbol PRST
Full Company Profile

Financial Performance

In 2021, PRST's revenue was $29.91 million, an increase of 39.06% compared to the previous year's $21.51 million. Losses were -$49.80 million, 109.2% more than in 2020.

Financial Statements

News

Ventoux CCM Acquisition Corp. Stockholders Approve Proposed Business Combination with Presto

NEW YORK--(BUSINESS WIRE)--Ventoux CCM Acquisition Corp. (“Ventoux”) (NASDAQ: VTAQ), a publicly traded special purpose acquisition company, today announced that Ventoux's stockholders have approved its ...

1 week ago - Business Wire

Ventoux CCM and Presto Automation Announce $100 Million Raise, Revised Valuation

NEW YORK--(BUSINESS WIRE)--Ventoux CCM Acquisition Corp. (“Ventoux”) (NASDAQ: VTAQ) and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximat...

1 month ago - Business Wire

Restaurant Customer Survey: 70% of Drive-Thru Customers Want More Automation as Wait Times Increase

SAN CARLOS, Calif.--(BUSINESS WIRE)--Over the past two years, dine-in closures forced customers to switch to takeout, delivery, and drive-thru ordering. Despite widespread reopening, this trend away fro...

2 months ago - Business Wire

VENTOUX CCM ACQUISITION CORP. ANNOUNCES ADDITIONAL CONTRIBUTION TO TRUST ACCOUNT TO EXTEND DEADLINE TO CONSUMMATE BUS...

Also amends Merger Agreement to reduce minimum cash condition to $65 million and extends termination date

5 months ago - GlobeNewsWire

Evergreen Restaurant Group Selects Next-Gen Presto Server Assistant To Improve Labor Productivity

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Presto, a leader in the restaurant hospitality technology industry, has been selected by Evergreen Restaurant Group, a Bloomin' Brands franchisee with restaurants ...

6 months ago - Business Wire

Checkers & Rally's and Presto Announce Largest Ever Rollout of Drive-Thru A.I. Voice Assistant in the Hospitality Ind...

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Presto, a leader in the restaurant hospitality technology industry, has been selected by Checkers Drive-In Restaurants, Inc., the operator of Checkers & Rally's ic...

8 months ago - Business Wire

Ventoux CCM Acquisition Corp. and Presto Announce Confidential Submission of Registration Statement in Connection wit...

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Ventoux CCM Acquisition Corp. ("Ventoux") (NASDAQ: VTAQ), a publicly traded special purpose acquisition company, today announced the confidential submission of a d...

9 months ago - Business Wire

Presto Partners With Ottonomy for Fully Autonomous Curbside and Parking Lot Food Delivery

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Presto, a leading provider of restaurant labor productivity technologies, today announced a partnership with technology startup Ottonomy, allowing Presto customers...

9 months ago - Business Wire

Presto Completes $1B SPAC Merger to Go Public

Restaurant-technology startup Presto will have a valuation of about $1 billion when it goes public through special purpose acquisition company (SPAC) Ventoux CCM Acquisition Corp., the companies told Th...

10 months ago - PYMNTS

Presto, a Leading Provider of Restaurant Labor Productivity Technologies, to be Publicly Listed Through a Merger With...

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Presto, a leading provider of restaurant labor productivity technologies, and Ventoux CCM Acquisition Corp. ("Ventoux") (NASDAQ: VTAQ), a publicly traded special p...

10 months ago - Business Wire