Valuation: Fortune Rise Acquisition Corporation

Market Cap 44.07M 38.64M 35.62M 33.35M 62.53M 4.16B 63.83M 428M 166M 2.05B 165M 162M 7.12B P/E 2022
-2,796x
P/E 2023 -268x
Enterprise Value 48.82M 42.81M 39.46M 36.94M 69.27M 4.61B 70.71M 474M 184M 2.28B 183M 179M 7.89B EV / Sales 2022
-
EV / Sales 2023 -
Free-Float
36.65%
Yield 2022 *
-
Yield 2023 -
26/02/25 Fortune Rise Acquisition Corporation Announces Principal Executive Officer Officer Changes CI
26/02/25 Fortune Rise Acquisition Corporation Announces Chief Financial Officer Changes CI
12/12/24 Water On Demand Inc. cancelled the acquisition of Fortune Rise Acquisition Corporation from Fortune Rise Sponsor LLC and others. CI
15/11/24 Fortune Rise Acquisition Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 CI
08/11/24 Fortune Rise Acquisition Corporation(OTCPK:FRLA) dropped from NASDAQ Composite Index CI
20/08/24 Fortune Rise Acquisition Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 CI
16/05/24 Fortune Rise Acquisition Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
05/04/24 Fortune Rise Acquisition Corporation announced that it has received $0.1 million in funding from Water On Demand Inc. CI
02/04/24 Fortune Rise Acquisition Corporation Reports Earnings Results for the Full Year Ended December 31, 2023 CI
01/04/24 Fortune Rise Acquisition Corporation Auditor Raises 'Going Concern' Doubt CI
05/03/24 Fortune Rise Acquisition Corporation announced that it has received $0.1 million in funding from Water On Demand Inc. CI
05/02/24 Fortune Rise Acquisition Corporation announced that it has received $0.1 million in funding from Water On Demand Inc. CI
23/12/23 Fortune Rise Acquisition Corporation Appoints Ryan Spick as Chief Financial Officer CI
3 years 10.76
Extreme 10.76
12
5 years 9.88
Extreme 9.88
12
10 years 9.88
Extreme 9.88
12
Director TitleAgeSince
Director/Board Member - 03/03/2023
Chairman 69 03/03/2023
Director/Board Member - 22/12/2023
Date Insider Type Main position Quantity % Market Cap.
04/11/24
Yakira Capital Management, Inc.
SellCompany 372,000 9.7177%
20/10/23
Fortune Rise Sponsor LLC
OthersCompany 60,000 2.4552%
20/10/23Free

Director

20,000 0.8184%
Change 5-day change 1-year change 3-year change Capi.($)
+0.45%-.--%-.--%+3.99% 44.27M
+13.85%+4.08% - - 910M
-5.14%-5.48%+0.94% - 967M
-9.46%-6.81%+375.19%-61.51% 853M
+6.67%+28.06% - - 693M
-0.20%-0.40% - - 641M
-0.19%-0.58% - - 600M
-0.15%-0.10% - - 593M
+0.39%+3.45% - - 569M
Average +0.58%+0.49%+125.38%-28.76% 652.31M
Weighted average by Cap. +0.52%-0.42%+172.15%-58.28%

Financials

2022 2023
Net sales - -
Net income -47.61K -41.74K -38.48K -36.02K -67.55K -4.49M -68.95K -462K -179K -2.22M -179K -175K -7.7M -352K -308K -284K -266K -499K -33.18M -509K -3.42M -1.32M -16.4M -1.32M -1.29M -56.86M
Net Debt 611K 536K 494K 463K 868K 57.68M 886K 5.94M 2.3M 28.51M 2.3M 2.25M 98.85M 4.75M 4.17M 3.84M 3.6M 6.74M 448M 6.88M 46.18M 17.87M 222M 17.85M 17.46M 768M
Logo Fortune Rise Acquisition Corporation
Fortune Rise Acquisition Corporation is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The Company intends to focus its search for an initial business combination on a single industry. The Company is not engaged in any business operations and has not generated any revenue.
Employees
-
  1. Stock Market
  2. Stocks
  3. FRLA Stock