Valuation: Fortune Rise Acquisition Corporation

Market Cap 44.07M 38.51M 35.48M 32.91M 62.6M 4.2B 63.36M 423M 165M 2.06B 165M 162M 7.14B P/E 2022
-2,796x
P/E 2023 -268x
Enterprise Value 48.82M 42.67M 39.3M 36.46M 69.35M 4.66B 70.19M 469M 183M 2.28B 183M 179M 7.91B EV / Sales 2022
-
EV / Sales 2023 -
Free-Float
36.65%
Yield 2022 *
-
Yield 2023 -
25-02-25 Fortune Rise Acquisition Corporation Announces Principal Executive Officer Officer Changes CI
25-02-25 Fortune Rise Acquisition Corporation Announces Chief Financial Officer Changes CI
24-12-11 Water On Demand Inc. cancelled the acquisition of Fortune Rise Acquisition Corporation from Fortune Rise Sponsor LLC and others. CI
24-11-14 Fortune Rise Acquisition Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 CI
24-11-07 Fortune Rise Acquisition Corporation(OTCPK:FRLA) dropped from NASDAQ Composite Index CI
24-08-19 Fortune Rise Acquisition Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 CI
24-05-15 Fortune Rise Acquisition Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
24-04-04 Fortune Rise Acquisition Corporation announced that it has received $0.1 million in funding from Water On Demand Inc. CI
24-04-01 Fortune Rise Acquisition Corporation Reports Earnings Results for the Full Year Ended December 31, 2023 CI
24-03-31 Fortune Rise Acquisition Corporation Auditor Raises 'Going Concern' Doubt CI
24-03-04 Fortune Rise Acquisition Corporation announced that it has received $0.1 million in funding from Water On Demand Inc. CI
24-02-04 Fortune Rise Acquisition Corporation announced that it has received $0.1 million in funding from Water On Demand Inc. CI
23-12-22 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
Chairman 69 2023-03-02
Director/Board Member - 2023-03-02
Director/Board Member - 2023-12-21
Date Insider Type Main position Quantity % Market Cap.
24-11-03
Yakira Capital Management, Inc.
SellCompany 372,000 9.7177%
23-10-19
Fortune Rise Sponsor LLC
OthersCompany 60,000 2.4552%
23-10-19Free

Director

20,000 0.8184%
Change 5-day change 1-year change 3-year change Capi.($)
+0.45%-.--%-.--%+3.70% 44.27M
+6.75%0.00% - - 4.46B
0.00%+13.26%+11.84% - 2.11B
+1.78%+12.66% - - 1.18B
-9.84%+24.24% - - 1.06B
0.00%+0.40% - - 643M
-1.62%-20.63%+285.30%-69.60% 628M
+0.47%+3.45% - - 601M
-0.19%-0.10% - - 600M
Average -0.24%+7.53%+99.05%-32.95% 1.26B
Weighted average by Cap. +1.85%+7.27%+73.41%-64.77%

Financials

2022 2023
Net sales - -
Net income -47.61K -41.61K -38.33K -35.56K -67.62K -4.54M -68.45K -457K -178K -2.23M -179K -175K -7.72M -352K -307K -283K -263K -500K -33.55M -506K -3.38M -1.32M -16.46M -1.32M -1.29M -57M
Net Debt 611K 534K 492K 457K 868K 58.32M 879K 5.87M 2.29M 28.61M 2.3M 2.25M 99.09M 4.75M 4.15M 3.83M 3.55M 6.75M 453M 6.83M 45.67M 17.8M 222M 17.85M 17.46M 770M
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