Valuation : Fortune Rise Acquisition Corporation

Market Cap 44.07M 37.92M 35.68M 32.59M 60.97M 4.16B 61.14M 422M 164M 2.13B 165M 162M 6.88B P/E 2022
-2,796x
P/E 2023 -268x
Enterprise Value 48.82M 42.01M 39.53M 36.11M 67.55M 4.61B 67.73M 467M 181M 2.37B 183M 179M 7.62B 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 10.88
Extreme 10.885
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. Importance
11/4/24
Yakira Capital Management, Inc.
SellCompany 372,000 9.7177%
10/20/23 Free

Director

20,000 0.8184%
10/20/23 Free

Chief Executive Officer

10,000 0.4092%
Change 5-day change 1-year change 3-year change Capi.($)
+0.45%-.--%-.--%+2.94% 44.27M
-18.36%-58.35% - - 1.69B
-3.04%-4.08% - - 746M
0.00%+0.30% - - 648M
+0.34%+0.34% - - 602M
-0.70%-1.11% - - 595M
+0.10%+0.39%+2.87% - 594M
+4.87%-4.44%+246.11%-79.56% 564M
-0.87%-0.78% - - 564M
Average -1.91%-7.53%+82.99%-38.31% 672.09M
Weighted average by Cap. -5.15%-17.30%+116.88%-73.56%

Financials

2022 2023
Net sales - -
Net income -47.61K -40.97K -38.54K -35.21K -65.87K -4.5M -66.05K -455K -177K -2.31M -179K -175K -7.43M -352K -303K -285K -260K -487K -33.21M -488K -3.36M -1.31M -17.04M -1.32M -1.29M -54.89M
Net Debt 611K 526K 495K 452K 846K 57.73M 848K 5.85M 2.27M 29.62M 2.3M 2.25M 95.42M 4.75M 4.09M 3.85M 3.52M 6.58M 449M 6.59M 45.48M 17.65M 230M 17.85M 17.46M 742M
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