Valuation: Fortune Rise Acquisition Corporation

Market Cap 44.07M 38.68M 36.02M 33.13M 62.1M 4.21B 63.16M 427M 167M 2.09B 165M 162M 7.21B P/E 2022
-2,796x
P/E 2023 -268x
Enterprise Value 48.82M 42.85M 39.9M 36.7M 68.79M 4.66B 69.97M 473M 185M 2.31B 183M 179M 7.99B 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 10.76
Extreme 10.76
12
5 years 9.88
Extreme 9.88
12
10 years 9.88
Extreme 9.88
12
Director TitleAgeSince
Chairman 69 03/03/2023
Director/Board Member - 03/03/2023
Director/Board Member - 22/12/2023
Date Insider Type Main position Quantity % Market Cap.
11/4/24 A
Yakira Capital Management, Inc.
SellCompany 372,000 9.7177%
10/20/23 A Free

Director

20,000 0.8184%
10/20/23 A Free

Chairman

30,000 1.2276%
Change 5-day change 1-year change 3-year change Capi.($)
+0.45%-.--%-.--%+3.42% 44.27M
-19.76%-59.88%-60.20% - 11.82B
+1.25%-4.77%+7.36% - 1.28B
-0.30%-.--%-.--%-3.48% 915M
-30.77%-.--%+44.74%+219,900.00% 797M
+5.83%+0.90% - - 764M
-2.67%+18.84%+295.18%-66.70% 672M
+0.05%+0.20% - - 644M
-0.93%-0.56% - - 605M
-.--%+0.00%+0.00%+0.00% 600M
Average -1.76%-2.42%+41.01%+43,966.65% 1.81B
Weighted average by Cap. -12.73%-33.37%-29.02%+57,853.76%

Financials

2022 2023
Net sales - -
Net income -47.61K -41.78K -38.91K -35.79K -67.08K -4.55M -68.23K -462K -181K -2.26M -179K -175K -7.79M -352K -309K -287K -264K -496K -33.6M -504K -3.41M -1.33M -16.66M -1.32M -1.29M -57.57M
Net Debt 611K 537K 500K 460K 862K 58.41M 876K 5.93M 2.32M 28.97M 2.3M 2.25M 100M 4.75M 4.17M 3.88M 3.57M 6.7M 454M 6.81M 46.09M 18.04M 225M 17.85M 17.46M 778M
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