See more : Kao Corporation (4452.T) Income Statement Analysis – Financial Results
Complete financial analysis of Fortune Rise Acquisition Corporation (FRLA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Fortune Rise Acquisition Corporation, a leading company in the Shell Companies industry within the Financial Services sector.
- Falcon Capital Acquisition Corp. (FCAC) Income Statement Analysis – Financial Results
- Gear Energy Ltd. (GXE.TO) Income Statement Analysis – Financial Results
- Preformed Line Products Company (PLPC) Income Statement Analysis – Financial Results
- Kurabo Industries Ltd. (3106.T) Income Statement Analysis – Financial Results
- Absolute Software Corporation (ABST.TO) Income Statement Analysis – Financial Results
Fortune Rise Acquisition Corporation (FRLA)
Industry: Shell Companies
Sector: Financial Services
About Fortune Rise Acquisition Corporation
Fortune Rise Acquisition Corporation does not have significant operations. It 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 |
Fortune Rise Acquisition Corporation Announces Additional One-Month Extension Received From Sponsor Affiliate to Complete its Initial Business Combination
Source: https://incomestatements.info
Category: Stock Reports