Fortune Rise Acquisition Corporation

OTCPK:FRLA Stock Report

Market Cap: US$44.3m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Fortune Rise Acquisition Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Ryan Spick

Chief executive officer

US$182.2k

Total compensation

CEO salary percentage1.6%
CEO tenure1.1yrs
CEO ownership0.3%
Management average tenureno data
Board average tenure1.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ryan Spick's remuneration changed compared to Fortune Rise Acquisition's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$2m

Jun 30 2024n/an/a

-US$1m

Mar 31 2024n/an/a

-US$1m

Dec 31 2023US$182kUS$3k

-US$352k

Sep 30 2023n/an/a

US$621k

Jun 30 2023n/an/a

US$756k

Mar 31 2023n/an/a

US$579k

Dec 31 2022US$3kn/a

-US$48k

Compensation vs Market: Ryan's total compensation ($USD182.19K) is below average for companies of similar size in the US market ($USD645.01K).

Compensation vs Earnings: Ryan's compensation has increased whilst the company is unprofitable.


CEO

Ryan Spick (46 yo)

1.1yrs

Tenure

US$182,186

Compensation

Mr. Ryan Spick serves as Principal Executive Officer and Chief Financial Officer since December 22, 2023 at Fortune Rise Acquisition Corporation. He was Independent Director of Fortune Rise Acquisition Cor...


Board Members

NamePositionTenureCompensationOwnership
Philip Goodman
Independent Director1.8yrsUS$54.00k0.51%
$ 224.0k
Ronald Pollack
Independent Chairman2.1yrsUS$132.00k0.76%
$ 336.0k
Beau Vuillemot
Independent Director1.1yrsno datano data

1.8yrs

Average Tenure

66yo

Average Age

Experienced Board: FRLA's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/27 07:07
End of Day Share Price 2025/01/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fortune Rise Acquisition Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.