FRLA

Fortune Rise Acquisition NasdaqCM:FRLA.U Stock Report

Last Price

US$11.20

Market Cap

US$70.6m

7D

0%

1Y

n/a

Updated

27 Jul, 2024

Data

Company Financials

Fortune Rise Acquisition Corporation

NasdaqCM:FRLA.U Stock Report

Market Cap: US$70.6m

FRLA.U Stock Overview

Does not have significant operations.

FRLA.U fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Fortune Rise Acquisition Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortune Rise Acquisition
Historical stock prices
Current Share PriceUS$11.20
52 Week HighUS$11.50
52 Week LowUS$10.95
Beta0.0039
11 Month Change-2.61%
3 Month Change-2.61%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO11.67%

Recent News & Updates

Recent updates

Shareholder Returns

FRLA.UUS Capital MarketsUS Market
7D0%2.3%-0.6%
1Yn/a26.6%17.3%

Return vs Industry: Insufficient data to determine how FRLA.U performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how FRLA.U performed against the US Market.

Price Volatility

Is FRLA.U's price volatile compared to industry and market?
FRLA.U volatility
FRLA.U Average Weekly Movementn/a
Capital Markets Industry Average Movement3.5%
Market Average Movement6.0%
10% most volatile stocks in US Market14.7%
10% least volatile stocks in US Market3.0%

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

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

About the Company

FoundedEmployeesCEOWebsite
2021n/aRyan Spickn/a

Fortune Rise Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2021 and is based in Clearwater, Florida.

Fortune Rise Acquisition Corporation Fundamentals Summary

How do Fortune Rise Acquisition's earnings and revenue compare to its market cap?
FRLA.U fundamental statistics
Market capUS$70.62m
Earnings (TTM)-US$1.20m
Revenue (TTM)n/a

0.0x

P/S Ratio

-59.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRLA.U income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$1.20m
Earnings-US$1.20m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.19
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-54.3%

How did FRLA.U perform over the long term?

See historical performance and comparison
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