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Berto Acquisition Corp. Warrant (TACOW) 10-Year Financial Performance & Capital Metrics

TACOW • • Banking & Credit
Financial ServicesSPACs & Shell Companies
AboutBerto Acquisition Corp. is a special purpose acquisition company (SPAC) incorporated as a Cayman Islands exempted company. It focuses on effecting mergers, share exchanges, asset acquisitions, or similar business combinations, with a particular interest in technology, artificial intelligence, wellness, longevity, and aesthetics sectors. The company completed an upsized initial public offering (IPO) on May 1, 2025, raising approximately $300.15 million. Each unit initially consisted of one ordinary share and one-half of one redeemable warrant. Beginning on or about June 5, 2025, the units were separated, allowing the ordinary shares and warrants to trade independently under the symbols "TACO" and "TACOW," respectively. Each whole warrant entitles the holder to purchase one ordinary share at $10.50 per share within the first 12 months after the closing of an initial business combination or at $11.50 per share thereafter.Show more
  • Net Interest Income -$7M
  • Total Revenue $513M +1.5%
  • Net Income -$118M -723.9%
  • Return on Equity -32.66% -822.2%
  • Net Interest Margin -0.84%
  • Efficiency Ratio 8.55% -1.2%
  • ROA -14.59% -677.7%
  • Equity / Assets 35.03% -37.0%
  • Book Value per Share 8.16 -23.9%
  • Tangible BV/Share 2.66 +27.5%
  • Debt/Equity 0.91 +114.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Efficient operations: 8.6% efficiency ratio
  • ✓Momentum leader: RS Rating 96 (top 4%)
  • ✓Well capitalized: 35.0% equity/assets
  • ✓Share count reduced 6.0% through buybacks
  • ✓Diversified revenue: 100.0% from non-interest income
  • ✓Trading at only 0.1x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Weak NIM of -0.8%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y4.3%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-14276.61%

EPS CAGR

10Y-
5Y-
3Y-
TTM-16714.83%

ROCE

10Y Avg1.22%
5Y Avg1.22%
3Y Avg-1.12%
Latest-14.34%

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Net Interest Income+0000-7.24M
NII Growth %-----
Net Interest Margin %-----
Interest Income00000
Interest Expense06.33M7.2M9.07M7.24M
Loan Loss Provision59.26M402.46M423.01M462.38M612.76M
Non-Interest Income+215.45M452.08M471.46M505.49M512.95M
Non-Interest Income %-----
Total Revenue+215.45M452.08M471.46M505.49M512.95M
Revenue Growth %-1.1%0.04%0.07%0.01%
Non-Interest Expense196.2M37.22M38.15M43.77M43.88M
Efficiency Ratio-----
Operating Income+19.25M43.3M41.25M34.03M-107.04M
Operating Margin %-----
Operating Income Growth %-1.25%-0.05%-0.17%-4.15%
Pretax Income+2.77M36.24M34.05M25.62M-113.91M
Pretax Margin %-----
Income Tax+112K15.33M-15.82M6.66M4.37M
Effective Tax Rate %-----
Net Income+2.65M20.91M49.87M18.96M-118.28M
Net Margin %-----
Net Income Growth %-6.88%1.38%-0.62%-7.24%
Net Income (Continuing)2.65M20.91M49.87M18.96M-118.28M
EPS (Diluted)+0.070.541.250.48-3.19
EPS Growth %-6.87%1.31%-0.62%-7.65%
EPS (Basic)0.070.541.290.48-3.19
Diluted Shares Outstanding38.67M38.68M39.84M39.39M37.02M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Cash & Short Term Investments+1000K1000K1000K1000K1000K
Cash & Due from Banks10.19M8.79M6.56M7.15M1.42M
Short Term Investments00000
Total Investments+00000
Investments Growth %-----
Long-Term Investments00000
Accounts Receivables00001000K
Goodwill & Intangibles+-----
Goodwill318.27M320.02M320.64M321.53M192.74M
Intangible Assets28.37M24.78M21.5M18.51M10.83M
PP&E (Net)114.03M138.32M156.12M161.43M156.92M
Other Assets223.13M224.17M224.18M224.51M483.15M
Total Current Assets19.77M19.86M19.88M32.98M18.82M
Total Non-Current Assets683.81M707.3M722.44M725.98M843.63M
Total Assets+703.57M727.16M742.32M758.96M862.46M
Asset Growth %-0.03%0.02%0.02%0.14%
Return on Assets (ROA)0%0.03%0.07%0.03%-0.15%
Accounts Payable16.83M16.43M18.76M19.88M19.65M
Total Debt+169.69M175.33M172.05M179.7M275.21M
Net Debt159.5M166.54M165.5M172.54M273.79M
Long-Term Debt167.97M173.74M170.64M178.66M257.36M
Short-Term Debt1.73M1.59M1.42M1.03M17.85M
Other Liabilities-131.72M-143.6M-139.21M-145.81M16.6M
Total Current Liabilities51.45M54.67M55.43M55.7M72.3M
Total Non-Current Liabilities115.77M121.41M100M102.32M343.47M
Total Liabilities335.19M349.82M326.07M336.68M560.35M
Total Equity+368.38M377.33M416.25M422.27M302.11M
Equity Growth %-0.02%0.1%0.01%-0.28%
Equity / Assets (Capital Ratio)-----
Return on Equity (ROE)0.01%0.06%0.13%0.05%-0.33%
Book Value per Share9.539.7510.4510.728.16
Tangible BV per Share-----
Common Stock4K4K4K4K4K
Additional Paid-in Capital00000
Retained Earnings-3.89M17.03M66.9M85.15M-31.22M
Accumulated OCI0172K14K180K-52K
Treasury Stock00000
Preferred Stock00000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Cash from Operations+17.09M57.55M57.79M61.83M49.05M
Operating CF Growth %-2.37%0%0.07%-0.21%
Net Income2.65M20.91M49.87M18.96M-118.28M
Depreciation & Amortization11.28M22.91M22.94M25.47M47.72M
Deferred Taxes88K-10.74M22.59M-1.1M583K
Other Non-Cash Items32.89M23.49M-41.76M-415K143.49M
Working Capital Changes-31.32M-3.12M-738K12.83M-30.76M
Cash from Investing+10.19M-47.65M-40.69M-50.02M-29.27M
Purchase of Investments0-15.31M-13.85M-16.32M-7.37M
Sale/Maturity of Investments00000
Net Investment Activity-----
Acquisitions-89.83M0000
Other Investing118.61M13.51M23.79M14.32M21.8M
Cash from Financing+-49.46M-11.29M-19.34M-11.21M-25.5M
Dividends Paid00000
Share Repurchases-10.19M-15.31M-13.85M-16.32M-7.37M
Stock Issued35M0000
Net Stock Activity-----
Debt Issuance (Net)00000
Other Financing-49.46M-11.29M-19.34M-11.21M-25.5M
Net Change in Cash+10.19M-1.4M-2.24M594K-5.73M
Exchange Rate Effect1000K0000
Cash at Beginning010.19M8.79M6.56M7.15M
Cash at End10.19M8.79M6.56M7.15M1.42M
Interest Paid00000
Income Taxes Paid00000
Free Cash Flow+-1.51M11.69M7.16M13.8M5.35M
FCF Growth %-8.75%-0.39%0.93%-0.61%

Banking Ratios

Metric20152016201720182019
Return on Equity (ROE)0.72%5.61%12.57%4.52%-32.66%
Return on Assets (ROA)0.38%2.92%6.79%2.53%-14.59%
Net Interest Margin0%0%0%0%-0.84%
Efficiency Ratio91.07%8.23%8.09%8.66%8.55%
Equity / Assets52.36%51.89%56.07%55.64%35.03%
Book Value / Share9.539.7510.4510.728.16

Revenue by Segment

20182019
Franchise100K19M
Franchise Growth-18902.00%
Franchise Advertising Contribution-14.52M
Franchise Advertising Contribution Growth--

Frequently Asked Questions

Growth & Financials

Berto Acquisition Corp. Warrant (TACOW) grew revenue by 1.5% over the past year. Growth has been modest.

Berto Acquisition Corp. Warrant (TACOW) reported a net loss of $211.8M for fiscal year 2019.

Dividend & Returns

Berto Acquisition Corp. Warrant (TACOW) has a return on equity (ROE) of -32.7%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Berto Acquisition Corp. Warrant (TACOW) has a net interest margin (NIM) of -0.8%. NIM has been under pressure due to interest rate environment.

Berto Acquisition Corp. Warrant (TACOW) has an efficiency ratio of 8.6%. This is excellent, indicating strong cost control.

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