Valuation: Fortune Rise Acquisition Corporation

Market Cap 44.07M 38.43M 36.29M 32.95M 61.73M 4.23B 61.99M 435M 168M 2.15B 166M 162M 6.92B P/E 2022
-2,796x
P/E 2023 -268x
Enterprise Value 48.82M 42.57M 40.2M 36.5M 68.39M 4.68B 68.68M 482M 186M 2.38B 183M 179M 7.66B 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
15/05/24 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
01/04/24 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 $0.1 million in funding from Water On Demand Inc. CI
23/12/23 Fortune Rise Acquisition Corporation Appoints Ryan Spick as Chief Financial Officer CI
3 years 10.95
Extreme 10.95
12.29
5 years 9.7
Extreme 9.695
12.29
10 years 9.7
Extreme 9.695
12.29
Director TitleAgeSince
Chairman 69 03/03/2023
Director/Board Member - 03/03/2023
Director/Board Member - 22/12/2023
Change 5-day change 1-year change 3-year change Capi.($)
+3.18%-.--% - - 44.27M
+6.83%+4.71% - - 719M
-0.05%+0.07% - - 648M
+2.91%+9.28%+287.80%-74.35% 630M
-0.10%0.00% - - 601M
-0.98%-1.25% - - 591M
-0.29%-0.14%+1.67% - 591M
-0.36%-1.68% - - 550M
Average +1.39%+1.57%+144.74%-74.35% 618.48M
Weighted average by Cap. +1.34%+1.74%+149.35%-74.35%

Financials

2022 2023
Net sales - -
Net income -47.61K -41.52K -39.2K -35.6K -66.69K -4.57M -66.97K -470K -181K -2.32M -179K -175K -7.47M -352K -307K -290K -263K -493K -33.75M -495K -3.47M -1.34M -17.16M -1.32M -1.29M -55.21M
Net Debt 611K 533K 503K 457K 857K 58.67M 860K 6.03M 2.33M 29.83M 2.3M 2.25M 95.98M 4.75M 4.15M 3.91M 3.55M 6.66M 456M 6.69M 46.88M 18.09M 232M 17.86M 17.46M 746M
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
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