See more : ECMOHO Limited (MOHOY) Income Statement Analysis – Financial Results
Complete financial analysis of Fortune Rise Acquisition Corp. (FRLAW) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Fortune Rise Acquisition Corp., a leading company in the Shell Companies industry within the Financial Services sector.
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Fortune Rise Acquisition Corp. (FRLAW)
Industry: Shell Companies
Sector: Financial Services
About Fortune Rise Acquisition Corp.
Fortune Rise Acquisition Corporation intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Metuchen, New Jersey.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 2.06M | 959.46K | 0.00 |
| Gross Profit | -2.06M | -959.46K | 0.00 |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 959.46K | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 |
| SG&A | 276.10K | 959.46K | 0.00 |
| Other Expenses | -138.05K | 199.76K | -35.96K |
| Operating Expenses | 138.05K | 1.16M | 35.96K |
| Cost & Expenses | 2.20M | 1.16M | 35.96K |
| Interest Income | 0.00 | 1.47M | 1.31K |
| Interest Expense | 0.00 | 0.00 | -1.31K |
| Depreciation & Amortization | 2.34M | 228.49K | 1.31K |
| EBITDA | 144.54K | -1.16M | -132.16K |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% |
| Operating Income | -2.20M | -1.16M | -35.96K |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 2.34M | 1.47M | -96.20K |
| Income Before Tax | 144.55K | 307.46K | -132.16K |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 496.25K | 355.07K | -1.31K |
| Net Income | -351.71K | -47.61K | -132.16K |
| Net Income Ratio | 0.00% | 0.00% | 0.00% |
| EPS | -0.04 | 0.00 | -0.01 |
| EPS Diluted | -0.04 | 0.00 | -0.01 |
| Weighted Avg Shares Out | 8.59M | 12.88M | 12.88M |
| Weighted Avg Shares Out (Dil) | 8.59M | 12.88M | 12.88M |
Source: https://incomestatements.info
Category: Stock Reports