Fortune Rise Acquisition (Fortune Rise Acquisition) Net Margin % : 0.00% (As of Mar. 2024)

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What is Fortune Rise Acquisition Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Fortune Rise Acquisition's Net Income for the three months ended in Mar. 2024 was $-0.49 Mil. Fortune Rise Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Fortune Rise Acquisition's net margin for the quarter that ended in Mar. 2024 was 0.00%.

The historical rank and industry rank for Fortune Rise Acquisition's Net Margin % or its related term are showing as below:

FRLAU's Net Margin % is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 5.42
* Ranked among companies with meaningful Net Margin % only.

Fortune Rise Acquisition Net Margin % Historical Data

The historical data trend for Fortune Rise Acquisition's Net Margin % 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.

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Fortune Rise Acquisition Net Margin % Chart

Fortune Rise Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Net Margin %

Fortune Rise Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Fortune Rise Acquisition's Net Margin %

For the Shell Companies subindustry, Fortune Rise Acquisition's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Fortune Rise Acquisition's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortune Rise Acquisition's Net Margin % distribution charts can be found below:

* The bar in red indicates where Fortune Rise Acquisition's Net Margin % falls into.

Fortune Rise Acquisition Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Fortune Rise Acquisition's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-0.352	/	0
	=	%

Fortune Rise Acquisition's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	-0.487	/	0
	=	%

Fortune Rise Acquisition (NAS:FRLAU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Fortune Rise Acquisition Net Margin % Related Terms

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