Valuation: Fortune Rise Acquisition Corporation

Market Cap 44.07M 38.31M 35.66M 32.74M 61.82M 4.21B 62.78M 420M 165M 2.09B 166M 162M 7.02B P/E 2022
-2,796x
P/E 2023 -268x
Enterprise Value 48.82M 42.44M 39.5M 36.27M 68.49M 4.66B 69.55M 466M 183M 2.32B 183M 179M 7.78B 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 $0.1 million in funding from Water On Demand Inc. CI
23/12/23 Fortune Rise Acquisition Corporation Appoints Ryan Spick as Chief Financial Officer CI
3 years 10.95
Extreme 10.95
12.29
5 years 9.7
Extreme 9.695
12.29
10 years 9.7
Extreme 9.695
12.29
Director TitleAgeSince
Chairman 69 03/03/2023
Director/Board Member - 03/03/2023
Director/Board Member - 22/12/2023
Change 5-day change 1-year change 3-year change Capi.($)
+3.18%-.--% - - 44.27M
+18.57%-7.78%-49.70% - 14.01B
+9.10%-17.54%-4.82% - 1.13B
-1.64%+0.80% - - 780M
+1.37%-1.84% - - 607M
0.00%-6.95%+268.42%-68.57% 623M
+0.10%-0.15% - - 597M
+0.38%-0.95% - - 595M
+0.05%-6.14% - - 580M
Average +0.55%-7.16%+71.30%-68.57% 2.36B
Weighted average by Cap. -5.23%-7.89%-33.91%-68.57%

Financials

2022 2023
Net sales - -
Net income -47.61K -41.39K -38.52K -35.37K -66.79K -4.54M -67.82K -454K -178K -2.26M -179K -175K -7.59M -352K -306K -285K -261K -493K -33.57M -501K -3.35M -1.32M -16.71M -1.32M -1.29M -56.05M
Net Debt 611K 532K 495K 454K 858K 58.37M 871K 5.83M 2.29M 29.06M 2.3M 2.25M 97.44M 4.75M 4.13M 3.85M 3.53M 6.67M 454M 6.77M 45.34M 17.79M 226M 17.85M 17.46M 758M
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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