OTC · Shell Companies

Fortune Rise Acquisition Corporation (FRLA) Stock

$11.20 +0.00% OTC: FRLA Financial Services

Fortune Rise Acquisition Corporation currently lacks substantial business operations. Its primary objective is to execute a strategic business combination, which could involve a merger, an acquisition of assets or stock, a corporate reorganization, or a similar amalgamation, with one or more enterprises.

Valuation

MetricValue
Price$11.20
Market Cap$36.81M
P/E Ratio-273.17
P/B Ratio3.73
P/S Ratio0.00
EPS (TTM)$-0.04
52-Week High$12.00
52-Week Low$11.00
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE-0.57%
ROA-1.01%
ROCE-7.53%
Gross Margin0.00%
Operating Margin0.00%
Net Margin0.00%
Debt/Equity0.18
Current Ratio0.02

Annual Financials (USD)

Metric202120222023
Revenue$0$0$0
Operating Profit$0$-1.0M$-2.0M
Net Profit$0$0$0
EPS$-0.01$0.00$-0.04
Op Margin———

Balance Sheet (USD)

Metric202120222023
Total Assets$101.0M$102.0M$35.0M
Total Liabilities$3.0M$5.0M$9.0M
Cash$1.0M$0$0
Borrowings$0$1.0M$5.0M

Cash Flow (USD)

Metric202120222023
Operating Cash Flow$0$-1.0M$-3.0M
Investing Cash Flow$-100.0M$-1.0M$69.0M
Financing Cash Flow$0$2.0M$-70.0M
Net Cash Flow$1.0M$-1.0M$0
Free Cash Flow$0$-1.0M$-3.0M

Valuation & Return Ratios

MetricValue
PEG Ratio—
EV / EBITDA39.74
FCF Yield-8.15%
Quick Ratio0.02
Interest Coverage—
Return 1Y—
Return 3Y—
Return 5Y—

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
AOAOAlpha One Inc. $3.55 +0.00% 21.81 $38.95M 0.00%
CFINCitizens Financial Corporation $7600.00 +1.33% -59.61 $38.00M 0.00%
IRAAIris Acquisition Corp $6.43 -8.01% -16.07 $45.10M 0.00%
JMTMJames Maritime Holdings, Inc. $5.30 -0.93% -18.28 $47.97M 0.00%
KWACKingswood Acquisition Corp. $13.30 +0.38% 78.24 $46.19M 0.00%

About Fortune Rise Acquisition Corporation

Fortune Rise Acquisition Corporation currently lacks substantial business operations. Its primary objective is to execute a strategic business combination, which could involve a merger, an acquisition of assets or stock, a corporate reorganization, or a similar amalgamation, with one or more enterprises. This entity was founded in 2021 and maintains its principal office in Metuchen, New Jersey.

Fortune Rise Acquisition Corporation is headquartered in US.

Fortune Rise Acquisition Corporation (FRLA) stock trades at $11.20 with a market capitalization of $36.81M. The stock is valued at a price-to-earnings (P/E) ratio of -273.17, price-to-book of 3.73, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $11.00 and $12.00, and currently trades 6.7% below its 52-week high.

On profitability, Fortune Rise Acquisition Corporation generates a return on equity (ROE) of -0.57%, return on capital employed of -7.53%, an operating margin of 0.00%, a net profit margin of 0.00%.

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