Ticker: BRA
Industry: financial services
Starting Price: $7.50
Risk: low
Expected Return: 22%
Beta: 0.5
Bow and Ring is an accounting firm founded by Jakob Bow and Emma Ring notorious for its fleet of company-owned Lamborghinis used to travel to client meetings. It operates in multiple countries, including the United States, Canada, France, and the United Arab Emirates. "You may call us bean counters", said CEO Bow, "but at the end of the day we're the ones driving the lambos." The company is relatively immune to the fluctuations in the state of the economy, because, well, whether you make lots of money or not you still need to do your accounting.
BRA launches new ESG consulting division
Effect: +21%
BRA acquires bookkeeping services outsourcing company in Romania
Effect: +14%
Regulation changes impact BRA's service offerings
Effect: -17%
BRA expands offices in Berlin
Effect: +10%
Bow & Ring unveils new AI-powered auditing software
Effect: +16%
Accountants are caught in a tax evasion controversy in Belize
Effect: -17%
BRA closes consultancy contract with the Port Authority of Guayaquil, Ecuador
Effect: -19%
BRA recognized as 'Best Accounting Firm' by professional organization
Effect: +14%
Accountants are caught in a tax evasion scandal in the Cayman Islands
Effect: -9%
Bow & Ring joins major tech firm for financial tech solutions
Effect: +17%
Bow & Ring are caught in a tax haven controversy in the Cayman Islands
Effect: -17%
BRA joins major tech firm for data analytics solutions
Effect: +26%
Bow & Ring agrees to settlement with ousted co-founder
Effect: -20%
Disputed audit by BRA sparks industry debate
Effect: -17%
Controversial audit by Bow & Ring sparks industry debate
Effect: -14%
BRA introduces innovative auditing software
Effect: +19%
BRA engages in community outreach program in schools
Effect: +6%
Bow & Ring engages in community outreach program in schools
Effect: +15%
Q4 earnings miss analysts' expectations
Effect: -11%
Year end earnings disappoints analysts
Effect: -9%