Fortune Rise Acquisition Corporation FRLA
- Market cap
- $70.7M
- P/E
- 187×
Follow FRLA
Target Price Range
Analyst price targets
Free account| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | 9.88 | 9.93 |
Analyst estimates 2023–2025 Powerpack |
Low Price
|
||
| — | — | — | — | — | — | — | — | 9.98 | 10.64 |
High Price
|
|||
| — | — | — | — | — | — | — | — | — | — | Employees | |||
| — | — | — | — | — | — | — | — | — | — | Revenue/Emp | |||
| — | — | — | — | — | — | — | — | — | — | Revenue | |||
| — | — | — | — | — | — | — | — | — | — | Gross Margin | |||
| — | — | — | — | — | — | — | — | 0 | 0 |
EBT
|
|||
| — | — | — | — | — | — | — | — | 0.00% | 0.00% |
EBT Margin
|
|||
| — | — | — | — | 0 | — | — | — | 0 | 0 |
Net Income
|
|||
| — | — | — | — | — | — | — | — | — | — | Depreciation | |||
| — | — | — | — | — | — | — | — | 0.00 | 0.00 |
Revenue/Sh
|
|||
| — | — | — | — | — | — | — | — | (0.01) | 0.00 |
Earnings/Sh
|
|||
| — | — | — | — | — | — | — | — | (0.02) | (0.05) |
Cash Flow/Sh
|
|||
| — | — | — | — | — | — | — | — | 0.00 | 0.00 |
Capex/Sh
|
|||
| — | — | — | — | — | — | — | — | (0.02) | (0.05) |
Free CF/Sh
|
|||
| — | — | — | — | — | — | — | — | 7.55 | 7.55 |
Book Value/Sh
|
|||
| — | — | — | — | — | — | — | — | 13 | 13 |
Shares
|
|||
| — | — | — | — | — | — | — | — | — | — | PE Ratio | |||
| — | — | — | — | — | — | — | — | — | — | PS Ratio | |||
| — | — | — | — | — | — | — | — | — | — | PB Ratio | |||
| — | — | — | — | — | — | — | — | — | — | EV/Sales | |||
| — | — | — | — | — | — | — | — | — | — | EV/FCF | |||
| — | — | — | — | — | — | — | — | 0 | (1) |
Op' Cash Flow
|
|||
| — | — | — | — | — | — | — | — | — | — | Capex | |||
| — | — | — | — | — | — | — | — | 0 | (1) |
FCF
|
|||
| — | — | — | — | — | — | — | — | 1 | (1) |
Working Cap'
|
|||
| — | — | — | — | — | — | — | — | — | 1 |
Total Debt
|
|||
| — | — | — | — | — | — | — | — | (1) | 1 |
Net Debt
|
|||
| — | — | — | — | — | — | — | — | 97 | 97 |
Sh' Equity
|
|||
| — | — | — | — | — | — | — | — | (0.26%) | (0.05%) |
ROA
|
|||
| — | — | — | — | — | — | — | — | 0.00% | 0.00% |
ROIC
|
|||
| — | — | — | — | — | — | — | — | 0.00% | (0.05%) |
ROE
|
|||
Fortune Rise Acquisition Corporation peers in Shell Companies
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SBXD SilverBox Corp IV | $71.3M | 10.6× | Compare |
| MAQC Maquia Capital Acquisition Corporation | $69.3M | 4.4× | Compare |
| AEAE AltEnergy Acquisition Corp. | $69.1M | 75.1× | Compare |
| RANG Range Capital Acquisition Corp. | $72.7M | — | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SWSS Clean Energy Special Situations Corp. | $67.1M | 62.4× | Compare |
| TETEF Technology & Telecommunication Acquisition Corporation | $74.7M | 92.9× | Compare |
| CCTSF Cactus Acquisition Corp. 1 Limited | $66.4M | 61.2× | Compare |
| PUCK Goal Acquisitions Corp. | $76.9M | 0.0× | Compare |
Fortune Rise Acquisition Corporation (FRLA) key facts
- Fortune Rise Acquisition Corporation (FRLA) is a Shell Companies company in the Financial sector.
- Fortune Rise Acquisition Corporation reported a net loss of $47,600.00, or a loss of $0.00 per share, for fiscal 2022.
- As of July 16, 2025, FRLA traded at $11.20, a market capitalization of $70.7 million.
- At that price the stock trades at 187× trailing-twelve-month earnings.
- Return on equity was −0.05% and debt-to-equity 0.13.
Fortune Rise Acquisition Corporation (FRLA) Latest News
16 Dec
Fortune Rise Acquisition Corporation terminated its Business Combination Agreement with Water On Demand, Inc. and will dissolve and liquidate. The termination of the agreement and subsequent liquidation will have a significant impact on FRLA's future and market performance.
7 Nov
Fortune Rise Acquisition Corporation receives a one-month extension from its sponsor affiliate to complete its initial business combination by December 5, 2024. The extension may moderately influence FRLA's future business combination efforts and shareholder value.
Fortune Rise Acquisition Corporation receives one-month extension from sponsor affiliate to complete initial business combination. The extension may moderately influence FRLA's future business combination efforts and shareholder value.
6 Nov
Fortune Rise Acquisition Corporation (FRLA) provided an update on its proposed business combination with Water On Demand, Inc. The progress of the proposed business combination could significantly impact FRLA's future trajectory and market performance.
7 Oct
Fortune Rise Acquisition Corporation receives a one-month extension from its sponsor affiliate to complete its initial business combination by depositing $100,000 into the trust account. The extension provides additional time for FRLA to advance its business combination efforts, potentially impacting its future performance.
6 Sep
Fortune Rise Acquisition Corporation receives a one-month extension from sponsor affiliate to complete its initial business combination by depositing $100,000 into the trust account. The extension provides additional time for FRLA to advance its business combination efforts, potentially impacting its future performance.
FRLA receives fifth one-month extension from sponsor affiliate to complete initial business combination. The extension may moderately influence FRLA's future business combination efforts and shareholder value.
7 Aug
Fortune Rise Acquisition Corporation receives a one-month extension from sponsor affiliate to complete its initial business combination by depositing $100,000 into the trust account. The extension provides additional time for FRLA to advance its business combination efforts, potentially impacting its future performance.
Fortune Rise Acquisition Corporation receives fourth one-month extension to complete initial business combination with $100,000 deposit from sponsor affiliate. The extension may impact FRLA's ability to complete business combination, but the overall effect is somewhat limited.
8 Jul
Fortune Rise Acquisition Corporation receives a one-month extension from sponsor affiliate to complete its initial business combination by depositing $100,000 into the trust account. The extension provides additional time for FRLA to advance its business combination efforts, potentially impacting its future performance.
6 Jun
FRLA receives one-month extension for initial business combination. The extension may impact FRLA's future business combination efforts.
7 May
FRLA receives one-month extension for initial business combination with $100,000 deposit from sponsor affiliate. The extension provides additional time for FRLA to complete its business combination, potentially impacting its future financial performance.
8 Apr
Fortune Rise Acquisition Corporation receives one-month extension from sponsor affiliate to complete initial business combination. The extension provided by the sponsor affiliate may moderately influence FRLA's future business combination efforts and shareholder value.
4 Apr
OriginClear to present at LD Micro Invitational XIV in New York, highlighting crowdfunding campaign and merger with Fortune Rise Acquisition Corporation. The article discusses significant strategic moves and partnerships that could alter the trajectory of Fortune Rise Acquisition Corporation.
2 Apr
Kevin Harrington partners with OriginClear for crowdfunding campaign to address water scarcity. Strategic partnership with Kevin Harrington and potential merger with FRLA could significantly impact OriginClear's future.
6 Mar
Fortune Rise Acquisition Corporation receives one-month extension from sponsor affiliate to complete initial business combination. The extension provided by the sponsor affiliate may moderately influence FRLA's future business combination efforts.
15 Feb
OriginClear and Fortune Rise Acquisition Corporation file Form S-4 for business combination with Water On Demand, expected to list on Nasdaq under 'WODI'. The proposed business combination and listing on Nasdaq under a new ticker symbol are significant strategic moves that could fundamentally alter FRLA's trajectory and market sentiment.
6 Feb
FRLA receives one-month extension to complete initial business combination with additional $0.032 per share deposit. The extension and additional funds may moderately influence FRLA's future business combination efforts and shareholder value.
9 Jan
Ryan Spick named Principal Executive Officer and CFO of Fortune Rise Acquisition Corporation for business combination with Water on Demand, Inc. The appointment of a new Principal Executive Officer and CFO for a business combination with Water on Demand, Inc. is a significant move that could have a major impact on FRLA's future performance.
8 Jan
Fortune Rise Acquisition Corporation receives one-month extension from sponsor affiliate to complete initial business combination. The extension provides additional time for business combination efforts, impacting financial performance and shareholder value.
7 Dec
Fortune Rise Acquisition Corporation receives one-month extension from sponsor affiliate to complete initial business combination. The extension provided by the sponsor affiliate may moderately influence FRLA's future business combination efforts.
24 Oct
Fortune Rise Acquisition Corporation and OriginClear Inc. announce business combination to create Nasdaq-listed company with an equity valuation of $72 million. The business combination is expected to significantly impact FRLA's future and market performance through the development of water-as-a-service network, growth of business units, and aggressive acquisition program.
5 Oct
Fortune Rise Acquisition Corporation extends deadline for initial business combination by one month with additional funding. The extension of the deadline for the initial business combination may moderately influence the company's future performance.
28 Sep
FRLA and OriginClear nominate Progressive Water Treatment Inc. for acquisition. The merger with Progressive Water Treatment Inc. is a significant strategic move that could alter FRLA's trajectory.
26 Sep
OriginClear merges Water On Demand and Progressive Water Treatment subsidiaries to reinforce value for potential merger with Fortune Rise Acquisition Corporation. The merger of subsidiaries and potential merger with FRLA are significant strategic moves that could fundamentally alter the company's trajectory and investor sentiment.
27 Jul
FRLA hires Richard Brand as Principal Executive Officer and CFO, engages Nelson Mullins for business combination with Water on Demand, Inc. The hiring of a new Principal Executive Officer and CFO, as well as engagement of a top legal advisor for a business combination, indicates significant strategic moves that could profoundly influence FRLA's future performance.
19 Jul
FRLA receives one-month extension for initial business combination with $100,000 deposit from sponsor affiliate. The extension provides additional time for FRLA to complete its business combination, impacting its future performance.
2 Jun
FRLA extends deadline for business combination by one month with additional funds. Extension of deadline may moderately impact FRLA's future business combination efforts.
22 May
OriginClear's subsidiary Water On Demand signs MOU to acquire established SaaS developer for water services network. The acquisition of the SaaS developer is expected to significantly impact Fortune Rise Acquisition Corporation's future and market performance.