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FNVTF (Finnovate Acquisition) FCF Yield % : -1.54 (As of Apr. 02, 2025)


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What is Finnovate Acquisition FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Finnovate Acquisition's Trailing 12-Month Free Cash Flow is $-1.04 Mil, and Market Cap is $67.56 Mil. Therefore, Finnovate Acquisition's FCF Yield % for today is -1.54%.

The historical rank and industry rank for Finnovate Acquisition's FCF Yield % or its related term are showing as below:

FNVTF' s FCF Yield % Range Over the Past 10 Years
Min: -1.54   Med: 0   Max: 0
Current: -1.54


FNVTF's FCF Yield % is ranked worse than
53.39% of 502 companies
in the Diversified Financial Services industry
Industry Median: -1.105 vs FNVTF: -1.54

Finnovate Acquisition's FCF Margin % for the quarter that ended in Jun. 2024 was 0.00%.


Finnovate Acquisition FCF Yield % Historical Data

The historical data trend for Finnovate Acquisition's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Finnovate Acquisition FCF Yield % Chart

Finnovate Acquisition Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- -0.34 -0.53

Finnovate Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.25 - -2.17 -1.03 -1.22

Competitive Comparison of Finnovate Acquisition's FCF Yield %

For the Shell Companies subindustry, Finnovate Acquisition's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Finnovate Acquisition's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Finnovate Acquisition's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Finnovate Acquisition's FCF Yield % falls into.


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Finnovate Acquisition FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Finnovate Acquisition's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-0.787 / 148.83615
=-0.53%

Finnovate Acquisition's annualized FCF Yield % for the quarter that ended in Jun. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.234 * 4 / 76.84095
=-1.22%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Finnovate Acquisition FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Finnovate Acquisition FCF Yield % Related Terms

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Finnovate Acquisition Business Description

Traded in Other Exchanges
N/A
Address
265 Franklin Street, Suite 1702, Boston, MA, USA, 02110
Finnovate Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Chun Yi Hao director 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803
Sanjay Prasad director 25 MALL ROAD, SUITE 330, BURLINGTON MA 01803
Tiemei Sarah Li director THE WHITE HOUSE, 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208
Meitav Investment House Ltd 10 percent owner 30 DEREKH SHESHET HA-YAMIM ST., BENE-BERAQ L3 5112302
Wang Chiu Wong director, 10 percent owner, officer: Chief Financial Officer THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN, E9 KY1 1208
Calvin Kung director, 10 percent owner, officer: Chief Executive Officer THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208
Sunorange Ltd. 10 percent owner C/O FINNOVATE ACQUISITION CORP., THE WHITE HOUSE 20 GENESIS CLOSE,, GEORGE TOWN E9 KY11208
Mitchell Alan Garber director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Ron Avshalom Golan director, officer: Chief Financial Officer 6 FROGNAL CLOSE, LONDON X0 NW3 6YB
Gustavo Rodolfo Schwed director 34 WEST 17TH STREET, PH, NEW YORK NY 10011
David Gershon director, officer: Chief Executive Officer 9 MAURIZIO VITALE APT. 47, TEL AVIV L3 6965104
Nadav Zohar director C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139
Jonathan Ophir officer: Chief Investment Officer C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139
Finnovate Sponsor L.p. 10 percent owner C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139
Finnovate Sponsor Llc 10 percent owner C/O FINNOVATE ACQUISITION CORP., 94 YIGAL ALON ST., TEL AVIV L3 6789139