Spree Acquisition Corp. 1 (NYSE:SHAP) and MetaWorks Platforms (OTCMKTS:MWRK) Head-To-Head Analysis

Risk and Volatility

Spree Acquisition Corp. 1 has a beta of -0.02, suggesting that its stock price is 102% less volatile than the S&P 500. Comparatively, MetaWorks Platforms has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500.

Institutional & Insider Ownership

9.9% of Spree Acquisition Corp. 1 shares are owned by institutional investors. Comparatively, 16.1% of MetaWorks Platforms shares are owned by institutional investors. 58.4% of Spree Acquisition Corp. 1 shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Spree Acquisition Corp. 1 and MetaWorks Platforms’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Spree Acquisition Corp. 1	N/A	-22.17%	6.72%
MetaWorks Platforms	N/A	-249.65%	-157.91%

Earnings & Valuation

This table compares Spree Acquisition Corp. 1 and MetaWorks Platforms”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Spree Acquisition Corp. 1	N/A	N/A	$4.35 million	($0.01)	-1,091.00
MetaWorks Platforms	$410,000.00	9.42	-$5.65 million	($0.08)	-0.51

Spree Acquisition Corp. 1 has higher earnings, but lower revenue than MetaWorks Platforms. Spree Acquisition Corp. 1 is trading at a lower price-to-earnings ratio than MetaWorks Platforms, indicating that it is currently the more affordable of the two stocks.

Summary

Spree Acquisition Corp. 1 beats MetaWorks Platforms on 5 of the 9 factors compared between the two stocks.

About Spree Acquisition Corp. 1

Spree Acquisition Corp. 1 Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the mobility-related technology businesses. The company was incorporated in 2021 and is based in Atlanta, Georgia.

About MetaWorks Platforms

MetaWorks Platforms, Inc. provides blockchain and Web3 development platform. It offers turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. The company provides business development and technical services; blockchain and technology program management services; customer development services; business launch services; and post-business launch support services. The company was formerly known as CurrencyWorks Inc. and changed its name to MetaWorks Platforms, Inc. in August 2022. MetaWorks Platforms, Inc. was incorporated in 2010 and is based in Fairfield, California.