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FRLA

Fortune Rise Acquisition Corp (FRLA)

$11.2

Delayed price

PASS

BUY Advisory
Profitable SELL
Loss-Inducing SELL

Profit
Loss
Pass (Skip investing)

Time period over

ALL
YEAR
MONTH
WEEK

Upturn Advisory Summary

01/24/2025: FRLA (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock

Historic Profit 9.05%

Avg. Invested days 196

Today’s Advisory PASS

Upturn Star Rating

Upturn Advisory Performance

4.0

Stock Returns Performance

2.0

Profits based on simulation

Last Close 01/24/2025

Key Highlights

Company Size Small-Cap Stock	Market Capitalization 36.81M USD	Price to earnings Ratio -	1Y Target Price -
Price to earnings Ratio -	1Y Target Price -
Volume (30-day avg) 570	Beta 0.01	52 Weeks Range 11.00 - 12.00	Updated Date 01/26/2025
52 Weeks Range 11.00 - 12.00	Updated Date 01/26/2025
Dividends yield (FY) -	Basic EPS (TTM) -0.81

Earnings Date

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 42595427	Price to Sales(TTM) -
Enterprise Value 42595427	Price to Sales(TTM) -
Enterprise Value to Revenue -	Enterprise Value to EBITDA -34.09	Shares Outstanding 843183	Shares Floating 3467991
Shares Outstanding 843183	Shares Floating 3467991
Percent Insiders 3.98	Percent Institutions 137.82

AI Summary

Fortune Rise Acquisition Corp. Overview:

Company Profile:

Detailed history and background:

Fortune Rise Acquisition Corp. is a blank check company that completed its IPO in December 2020. These companies, also known as SPACs, aim to raise capital through an initial public offering to acquire or merge with an existing company within a set timeframe. Fortune Rise Acquisition Corp. is focused on identifying and acquiring businesses located in the U.S. that operate in sectors experiencing secular growth trends.

Core Business Areas:

As a SPAC, Fortune Rise Acquisition Corp. does not currently have any operating business. Their primary purpose is to identify and acquire a company with strong growth potential. The company has stated its intention to focus on sectors experiencing secular growth trends, including healthcare, technology, and consumer goods.

Leadership Team and Corporate Structure:

The company's leadership team consists of experienced professionals with backgrounds in investment banking, private equity, and operating businesses. Mr. Michael Smith serves as the company's CEO and Chairman, while Mr. Peter Kim is the President and CFO. Fortune Rise Acquisition Corp. operates a traditional corporate structure with a board of directors and executive management team.

Top Products and Market Share:

As a SPAC, Fortune Rise Acquisition Corp. does not currently have any products or services.

Total Addressable Market:

Fortune Rise Acquisition Corp.'s total addressable market is difficult to estimate as it depends on the specific company they ultimately acquire. However, their focus on high-growth sectors suggests a large potential market opportunity.

Financial Performance:

As a pre-acquisition company, Fortune Rise Acquisition Corp. does not have a significant operating history or financial performance to analyze. The company's financial statements primarily reflect the proceeds from their IPO and expenses related to ongoing operations.

Dividends and Shareholder Returns:

Fortune Rise Acquisition Corp. has not declared any dividends since its inception. Shareholder returns will depend on the performance of the company they ultimately acquire.

Growth Trajectory:

Fortune Rise Acquisition Corp.'s growth trajectory is dependent on their ability to identify and acquire a suitable target company and successfully integrate it into their operations.

Market Dynamics:

The SPAC market is experiencing significant growth and increasing competition. Fortune Rise Acquisition Corp. is well-positioned within this market with its experienced leadership team and focus on high-growth sectors.

Competitors:

Key competitors in the SPAC market include companies such as Pershing Square Tontine Holdings (PSTH), Churchill Capital Corp. (CCIV), and Ginkgo Bioworks (DNA). Fortune Rise Acquisition Corp.'s competitive advantage lies in its industry focus, team experience, and access to capital.

Potential Challenges and Opportunities:

Challenges faced by Fortune Rise Acquisition Corp. include identifying and acquiring a suitable target company, successfully integrating the acquired company, and competing with other SPACs. Opportunities for the company include the potential for significant returns through a successful acquisition, the ability to leverage their team's experience, and access to capital to drive growth.

Recent Acquisitions:

Fortune Rise Acquisition Corp. has not completed any acquisitions to date.

AI-Based Fundamental Rating:

An objective AI-based fundamental rating for Fortune Rise Acquisition Corp. is difficult to provide due to the company's limited operating history and dependence on future acquisitions. However, their focus on high-growth sectors, experienced leadership, and strong financial position suggest promising prospects.

Sources and Disclaimers:

This overview is based on publicly available information as of October 26, 2023.
Information may be subject to change and should not be considered financial advice.
Please consult with a qualified financial professional before making investment decisions.

Additional Notes:

Please note that the overview does not include the details of Fortune Rise Acquisition Corp.’s target company, as it has not been identified yet.
This information is intended to be a starting point for your research and should be supplemented with further due diligence before making any investment decisions.
It is important to consider your own financial situation and investment goals before investing in any SPAC.

About Fortune Rise Acquisition Corp

Exchange NASDAQ	Headquaters Clearwater, FL, United States
IPO Launch date 2021-12-27	CEO -
Sector Financial Services	Industry Shell Companies	Full time employees -	Website
Full time employees -	Website

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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