Fortune Rise Acquisition Corp - Class A FRLA Stock Analysis
- PINK
- Stock
- Market closed · opens Monday 9:30 AM ET
$11.20 unchanged at close Nov 6
Last close · Previous close $11.20
- Market cap
- $70.24MAt the Nov 6 close
- P/E ratio
- n/mLoss over last 12 months
- Diluted EPS
- −$0.47Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$11.20unchangedPast month
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$11.20Nov 5
- Volume0.00Nov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume0.00Last 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $11.20 to $11.20; now $11.20
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
FRLA beat the S&P 500 in 2 of 3 periods.
| Period | FRLA and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FRLA: unchanged S&P 500: down 5.6% | FRLA beat the S&P 500 by 5.6 percentage points Beat |
| 3M | FRLA: unchanged S&P 500: down 4.1% | FRLA beat the S&P 500 by 4.1 percentage points Beat |
| Long term | ||
| 3Y | FRLA: up 2.2% S&P 500: up 75.0% +0.7% vs +20.5% a year | FRLA trailed the S&P 500 by 72.8 percentage points Trailed |
FRLA beat the S&P 500 in 2 of 3 periods.
| Period | FRLA and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FRLA: unchanged S&P 500: down 5.6% | FRLA beat the S&P 500 by 5.6 percentage points Beat |
| 3M | FRLA: unchanged S&P 500: down 4.3% | FRLA beat the S&P 500 by 4.3 percentage points Beat |
| Long term | ||
| 3Y | FRLA: up 2.2% S&P 500: up 68.8% +0.7% vs +19.1% a year | FRLA trailed the S&P 500 by 66.6 percentage points Trailed |
All-time high
$12.00
Closing high on . Now 6.7% below that record.
Split-adjusted daily closes since Dec 27, 2021.
Stock splits
FRLA hasn’t split since its price history begins in 2021.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Sep 30, 2024). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
n/mDiluted EPS of −$0.47 over the last 12 months
A P/E ratio isn’t meaningful while earnings over the last 12 months are negative. When FRLA was profitable over the past five years, its P/E ranged from 118.5× to 246.2×, with a median of 120.6×. How to read P/E
Other valuation measures
- −1.81%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $76.58MAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Sep 30, 2024 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own FRLA DCF in Excel. Value Fortune Rise Acquisition with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY24, the quarter ended Sep 30, 2024. “Last 12 months” means the four quarters from Oct 1, 2023 to Sep 30, 2024, and balance-sheet figures are as of Sep 30, 2024.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $0.00
- Net income
- −$1.55M
- Diluted EPS
- −$0.47
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY22 (Dec 31, 2022) | $0.00 | $228.93K | −$0.10 |
| Q1 FY23 (Mar 31, 2023) | $0.00 | $356.21K | −$0.11 |
| Q2 FY23 (Jun 30, 2023) | $0.00 | −$4.93K | −$0.12 |
| Q3 FY23 (Sep 30, 2023) | $0.00 | $40.38K | −$0.10 |
| Q4 FY23 (Dec 31, 2023) | $0.00 | −$743.37K | −$0.14 |
| Q1 FY24 (Mar 31, 2024) | $0.00 | −$487.17K | −$0.13 |
| Q2 FY24 (Jun 30, 2024) | $0.00 | −$217.88K | −$0.09 |
| Q3 FY24 (Sep 30, 2024) | $0.00 | −$96.76K | −$0.11 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $0.00 | −$132.16K | −$3.07 |
| FY22 (Dec 31, 2022) | $0.00 | −$47.61K | −$0.15 |
| FY23 (Dec 31, 2023) | $0.00 | −$351.71K | −$0.47 |
Margins
- Gross —
- Operating —
- Net —
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- −$1.27MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow−$1.27MLast 12 months
- Capital spending$0.00Last 12 months
Shareholder returns
- $4.96MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$4.96MLast 12 months
Balance sheet
- $36.34MAs of Sep 30, 2024
Cash plus short- and long-term marketable securities on the Sep 30, 2024 balance sheet.
- Total debt$6.34MAs of Sep 30, 2024
- Net cash$29.99MAs of Sep 30, 2024
- 0.00As of Sep 30, 2024
Current assets divided by current liabilities on the Sep 30, 2024 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio
Financial strength
- −4.3%Last 12 months
Over the last 12 months, Fortune Rise Acquisition’s net loss was 4.3% of its total assets (averaged over the last four quarter-ends).
ROA = Net income (last 12 months) ÷ Average total assets
About Fortune Rise Acquisition Corp - Class A
Fortune Rise Acquisition Corp - Class A
- Sector
- Industrials
- Industry
- Shell Companies
- Headquarters
- New Jersey, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- PINK
- Asset type
- Common stock
- Price history since
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FRLA stock FAQ
What is FRLA stock’s price today?
Fortune Rise Acquisition (FRLA) traded at $11.20 at the close on , unchanged from the previous close of $11.20. Over the past 52 weeks it has traded between $11.20 and $11.20.
What is Fortune Rise Acquisition’s market cap?
Fortune Rise Acquisition’s market capitalization is about $70.2 million. That’s Tiingo’s daily market cap for , at that day’s closing price of $11.20 (how market cap works). Fortune Rise Acquisition reported 6.27M shares outstanding at the end of its latest quarter ().
What is FRLA’s P/E ratio?
FRLA’s P/E ratio isn’t meaningful right now because its earnings over the four quarters to are negative (diluted EPS of −$0.47). When it was profitable over the past five years, its P/E ranged from 118.5 to 246.2.
What are FRLA’s earnings per share?
FRLA’s diluted earnings per share were −$0.47 over the four quarters to , compared with −$0.43 in the twelve months before. The latest quarter (Q3 FY24) brought −$0.11 per share, against −$0.10 a year earlier (how EPS works).
Does FRLA pay a dividend?
Fortune Rise Acquisition hasn’t paid a dividend in the last twelve months.
What is FRLA’s 52-week high and low?
Over the past 52 weeks FRLA has traded as low as $11.20 and as high as $11.20. At $11.20 at the close on , it is 0.0% below that high and 0.0% above the low.
What is FRLA’s all-time high?
FRLA’s highest closing price was $12.00 on , adjusted for stock splits. At $11.20 at the close on , it is 6.7% below that record.
Has FRLA stock ever split?
No. FRLA hasn’t split since its price history begins in 2021.
What sector and industry is Fortune Rise Acquisition in?
Fortune Rise Acquisition is in the Industrials sector and the Shell Companies industry, and is headquartered in New Jersey, USA.
What exchange does FRLA trade on?
Fortune Rise Acquisition trades on the PINK under the ticker symbol FRLA. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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