Latest revenue
$56.2M
as of 2026-03-31
Latest net income
$-12.9M
as of 2026-03-31
Net margin
-23.0%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.79B
- Enterprise value
- $1.79B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $18.93
- 52-wk low
- $5.97
- Beta
- —
- Shares out
- 100.2M
5-year trend
What this company does
ITEM 1. BUSINESS. Introduction We are a blank check company incorporated on July 12, 2017 as a Cayman Islands exempted 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. We have neither engaged in any operations nor generated any revenue to date. Based on our business activities, the Company is a “shell company” as defined under the Exchange Act of 1934 (the “Exchange Act”) because we have no operations and nominal assets consisting almost entirely of cash. On January 17, 2018, we consummated our initial public offering (the “Public Offering”) of 32,500,000…
AI summary unavailable — showing raw filing excerpt
Generated from TH's filing dated 2019-02-28
Key risks
Item 1A. Risk Factors Risk Factors Summary Below is a summary of the principal factors that make an investment in our common stock, par value $0.0001 per share (the “Common Stock”), speculative or risky. This summary does not address all of the risks that we face. Additional discussion of the risks summarized in this risk factor summary, and other risks that we face, can be found immediately following this summary and should be carefully considered, together with other information in this Annual Report on Form 10-K and our other filings with the SEC before making an investment decision regarding our Common Stock. Operational Risks ●Our operations are and will be exposed to operational,…
AI summary unavailable — showing raw filing excerpt
Generated from TH's filing dated 2019-02-28
Profitability
Gross margin
13.3%
71.2%Operating margin
-10.8%
138.5%Net margin
-11.6%
162.8%Return on equity
-9.5%
156.3%Return on assets
-7.0%
171.3%Leverage
Debt / equity
0.36×
50.0%Long-term debt / equity
0.00×
24.9%Debt / assets
26.6%
36.7%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $56.2M | +2.4% | $-12.9M | -100.0% | -23.0% |
Q4 2025 2025-12-31 | $119.3M | -34.0% | $-14.9M | -219.5% | -12.5% |
Q3 2025 2025-09-30 | $91.6M | +39.2% | $-795.0K | -104.0% | -0.9% |
Q2 2025 2025-06-30 | $54.9M | -18.7% | $-14.9M | -181.2% | -27.2% |
Q1 2025 2025-03-31 | $54.9M | -24.2% | $-6.5M | -131.7% | -11.8% |
Q4 2024 2024-12-31 | $180.6M | — | $12.5M | — | 6.9% |
Q3 2024 2024-09-30 | $65.8M | -29.7% | $20.0M | -56.1% | 30.4% |
Q2 2024 2024-06-30 | $67.5M | -27.1% | $18.4M | -60.4% | 27.2% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Hotels, Rooming Houses, Camps & Other Lodging Places · SIC 7000
Your notes
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Insider activity
Insider buying
$2.0M
Insider selling
$834.7K
Net activity
+$1.2M
Distinct insiders
3
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value |
|---|
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns TH
Institutional value
$109.7M
Total shares held
11.8M
Distinct holders
68
-68 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.5M | $23.0M | -129.0K (-4.9%) | Trimmed |
| 2 | HighTower Advisors, LLC | 1.6M | $14.9M | +339 (+0.0%) | Added |
| 3 | DIMENSIONAL FUND ADVISORS LP | 1.4M | $13.3M | +252.2K (+21.4%) | Added |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1.4M | $13.0M | — | New |
| 5 | 71 West Capital Partners | 907.3K | $8.4M | +15.0K (+1.7%) | Added |
| 6 | JANE STREET GROUP, LLC | 606.6K | $5.6M | +517.7K (+582.7%) | Added |
| 7 | ROYCE & ASSOCIATES LP | 523.9K | $4.9M | +174.2K (+49.8%) | Added |
| 8 | Kore Advisors LP | 466.1K | $4.3M | +40.8K (+9.6%) | Added |
| 9 | VANGUARD PORTFOLIO MANAGEMENT LLC | 321.1K | $3.0M | — | New |
| 10 | VANGUARD FIDUCIARY TRUST CO | 214.3K | $2.0M | — | New |
| 11 | Crestmont Private Wealth LLC | 146.6K | $1.4M | +100.3K (+216.8%) | Added |
| 12 | GROUP ONE TRADING LLC | 146.0K | $1.4M | -15.9K (-9.8%) | Trimmed |
| 13 | EQUITABLE TRUST CO | 123.8K | $1.1M | +19.5K (+18.6%) | Added |
| 14 | ANTIPODES PARTNERS Ltd | 121.9K | $1.1M | — | New |
| 15 | Bank of New York Mellon Corp | 116.6K | $1.1M | -4.4K (-3.6%) | Trimmed |
| 16 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 102.1K | $947.1K | +642 (+0.6%) | Added |
| 17 | SummerHaven Investment Management, LLC | 94.5K | $876.8K | -10.2K (-9.8%) | Trimmed |
| 18 | Legal & General Group Plc | 77.7K | $720.7K | -28.4K (-26.8%) | Trimmed |
| 19 | Invesco Ltd. | 75.4K | $700.0K | +5.0K (+7.2%) | Added |
| 20 | Connor, Clark & Lunn Investment Management Ltd. | 72.5K | $673.1K | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once TH's latest filing finishes processing.