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Finnovate Acquisition NasdaqGM:FNVT Stock Report

Last Price

US$11.40

Market Cap

US$76.5m

7D

-0.09%

1Y

7.2%

Updated

26 Jul, 2024

Data

Company Financials

Finnovate Acquisition Corp.

NasdaqGM:FNVT Stock Report

Market Cap: US$76.5m

FNVT Stock Overview

Does not have significant operations.

FNVT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health0/6
Dividends0/6

Finnovate Acquisition Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Finnovate Acquisition
Historical stock prices
Current Share PriceUS$11.40
52 Week HighUS$11.50
52 Week LowUS$10.64
Beta0.0039
11 Month Change-0.44%
3 Month Change0.71%
1 Year Change7.24%
33 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Shareholder Returns

FNVTUS Capital MarketsUS Market
7D-0.09%-1.6%-2.9%
1Y7.2%22.1%17.2%

Return vs Industry: FNVT underperformed the US Capital Markets industry which returned 22.1% over the past year.

Return vs Market: FNVT underperformed the US Market which returned 17.2% over the past year.

Price Volatility

Is FNVT's price volatile compared to industry and market?
FNVT volatility
FNVT Average Weekly Movementn/a
Capital Markets Industry Average Movement3.4%
Market Average Movement6.0%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: FNVT has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine FNVT's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aCalvin Kungwww.finnovateacquisition.com

Finnovate Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on the acquisition of Israel-related companies, including companies focused on payments, insuretech, wealthtech, regtech, digital banking, fintech as a service, banking as a service, cyber area for financial institutions, blockchain and crypto, algo-trading and exchanges, and lending and credit line platforms.

Finnovate Acquisition Corp. Fundamentals Summary

How do Finnovate Acquisition's earnings and revenue compare to its market cap?
FNVT fundamental statistics
Market capUS$76.51m
Earnings (TTM)US$1.13m
Revenue (TTM)n/a

67.8x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FNVT income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$1.13m
EarningsUS$1.13m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.17
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-55.9%

How did FNVT perform over the long term?

See historical performance and comparison
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