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Fortune Rise Acquisition Corp (FRLA)FRLA
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Upturn Advisory Summary
09/18/2024: FRLA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Upturns
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Profit: 11.2% | Upturn Advisory Performance  5 | Avg. Invested days: 183 |
| Profits based on simulation | Stock Returns Performance  2 | Last Close 09/18/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Profit: 11.2% | Avg. Invested days: 183 |
Upturn Star Rating | Stock Returns Performance 2 |
| Profits based on simulation Last Close 09/18/2024 | Upturn Advisory Performance 5 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 71.06M USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.81 |
Volume (30-day avg) 15035 | Beta - |
52 Weeks Range 10.89 - 11.87 | Updated Date 09/18/2024 |
Company Size Small-Cap Stock | Market Capitalization 71.06M USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.81 | Volume (30-day avg) 15035 | Beta - |
52 Weeks Range 10.89 - 11.87 | Updated Date 09/18/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -3.37% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 76858182 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -34.09 |
Shares Outstanding 3828050 | Shares Floating 2918456 |
Percent Insiders - | Percent Institutions 94.86 |
Trailing PE - | Forward PE - | Enterprise Value 76858182 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -34.09 | Shares Outstanding 3828050 | Shares Floating 2918456 |
Percent Insiders - | Percent Institutions 94.86 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Fortune Rise Acquisition Corp: A Comprehensive Overview
Company Profile:
Detailed History and Background:
Fortune Rise Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), formed in 2021. These companies go public through an initial public offering (IPO) with the sole purpose of merging with or acquiring another company. Fortune Rise focuses on the consumer and retail sectors in the United States and Canada.
Core Business Areas:
Fortune Rise's primary business model is to identify and acquire an existing company in its target sectors. Their goal is to merge with a high-growth company that can benefit from their access to capital and public markets.
Leadership Team and Corporate Structure:
The company is led by a team of experienced executives with backgrounds in investment banking, private equity, and operations. Key members include:
- Chairman and CEO: Michael Rehaut
- President and COO: William C. White
- CFO: Michael J. Foley
The company's board of directors also includes individuals with expertise in the consumer and retail industries.
Top Products and Market Share:
As a SPAC, Fortune Rise doesn't currently have any products or services until it completes a merger with a target company. Therefore, it does not have a market share in any specific product category.
Total Addressable Market:
The total addressable market for Fortune Rise is the size of the combined consumer and retail markets in the United States and Canada. These markets are vast, with a total value of over $5 trillion.
Financial Performance:
Since Fortune Rise is a pre-acquisition company, it does not yet have any financial performance history. Its financial statements will reflect the performance of the company it acquires.
Dividends and Shareholder Returns:
As a SPAC, Fortune Rise does not currently pay dividends. Shareholder returns will ultimately depend on the performance of the company they acquire.
Growth Trajectory:
Future growth projections for Fortune Rise are contingent on the target company it acquires. Their growth trajectory will depend on the size, potential, and performance of the chosen company.
Market Dynamics:
The consumer and retail sectors are highly competitive, with established players and constant innovation. Fortune Rise's success will depend on identifying a company with a strong competitive advantage and ability to adapt to market changes.
Competitors:
Key competitors in the SPAC space include:
- Blackstone (BX)
- Pershing Square Tontine (PSTH)
- Gores Holdings (GPMT)
Competitors in the consumer and retail sectors will depend on the specific company Fortune Rise acquires.
Potential Challenges and Opportunities:
Challenges:
- Finding a suitable target: Identifying a high-quality company with strong growth potential can be challenging.
- Integration difficulties: Successfully integrating the acquired company can be complex and require significant effort.
- Competitive landscape: Succeeding in the competitive consumer and retail sectors requires a clear strategy and strong execution.
Opportunities:
- Large market potential: The consumer and retail sectors offer significant growth opportunities.
- Public market access: SPACs provide acquired companies with immediate access to capital and public markets.
- Expertise of the team: Fortune Rise's leadership team has experience in identifying and growing successful companies.
Recent Acquisitions:
Fortune Rise has not yet completed any acquisitions.
AI-Based Fundamental Rating:
Based on the available information, an AI-based fundamental rating for Fortune Rise is not currently possible. The rating would require an analysis of the financial and market performance of the company it acquires.
Sources and Disclaimers:
Sources:
- Fortune Rise Acquisition Corp. website: https://www.fortuneriseacquisition.com/
- SEC filings: https://www.sec.gov/
Disclaimer:
This information is intended for educational purposes only and should not be considered investment advice. It is essential to conduct thorough research and due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fortune Rise Acquisition Corp
| Exchange | NASDAQ | Headquaters | Clearwater, FL, United States |
| IPO Launch date | 2021-12-27 | CEO | - |
| Sector | Financial Services | Website | |
| Industry | Shell Companies | Full time employees | - |
| Headquaters | Clearwater, FL, United States | ||
| CEO | - | ||
| Website | |||
| Website | |||
| Full time employees | - |
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.
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