What is Finnovate Acquisition Corp. (FNVT) stock price today?

Finnovate Acquisition Corp. (FNVT) is currently trading at $11.62, up 100% today.

What is FNVT P/E ratio?

Finnovate Acquisition Corp.'s P/E ratio is -387.33. This is below the market average, suggesting the stock may be undervalued relative to earnings.

What is FNVT return on equity (ROE)?

Finnovate Acquisition Corp.'s return on equity (ROE) is -0.99%, indicating how efficiently the company generates profit from shareholders' equity. This is below the typical market average of 12-15%.

What is Finnovate Acquisition Corp.'s market cap?

Finnovate Acquisition Corp. has a market capitalization of $25.93M.

NASDAQ · Shell Companies

Finnovate Acquisition Corp. (FNVT) Stock

$11.62 +100.00% NASDAQ: FNVT Financial Services

Finnovate Acquisition Corp. currently functions as a special purpose acquisition company, meaning it does not engage in substantial business activities independently.

Valuation

Metric	Value
Price	$11.62
Market Cap	$25.93M
P/E Ratio	-387.33
P/B Ratio	-6.46
P/S Ratio	0.00
EPS (TTM)	$-0.03
52-Week High	$11.65
52-Week Low	$11.62
Dividend Yield	0.00%

Financials & Margins

Metric	Value
ROE	-0.99%
ROA	-2.10%
ROCE	-15.85%
Gross Margin	0.00%
Operating Margin	0.00%
Net Margin	0.00%
Debt/Equity	0.00
Current Ratio	0.00

Annual Financials (USD)

Metric	2021	2022	2023	2024
Revenue	$0	$0	$0	$0
Operating Profit	$0	$-1.0M	$-2.0M	$-2.0M
Net Profit	$-1.0M	$1.0M	$2.0M	$0
EPS	$-0.03	$0.05	$0.27	$-0.03
Op Margin	—	—	—	—

Balance Sheet (USD)

Metric	2021	2022	2023	2024
Total Assets	$178.0M	$179.0M	$51.0M	$10.0M
Total Liabilities	$1.0M	$1.0M	$3.0M	$5.0M
Cash	$1.0M	$0	$0	$0
Borrowings	$0	$0	$1.0M	$0

Cash Flow (USD)

Metric	2021	2022	2023	2024
Operating Cash Flow	$-1.0M	$-1.0M	$-1.0M	$-1.0M
Investing Cash Flow	$-176.0M	$0	$132.0M	$42.0M
Financing Cash Flow	$0	$0	$-133.0M	$-42.0M
Net Cash Flow	$1.0M	$-1.0M	$0	$0
Free Cash Flow	$-1.0M	$-1.0M	$-1.0M	$-1.0M

Valuation & Return Ratios

Metric	Value
PEG Ratio	3.90
EV / EBITDA	-15.98
FCF Yield	-3.39%
Quick Ratio	0.00
Interest Coverage	0.00
Return 1Y	—
Return 3Y	—
Return 5Y	—

Peer Comparison

Ticker	Price	Change	P/E	Market Cap	Div Yield
ACAQAthena Consumer Acquisition Corp.	$2.55	-70.72%	-35.47	$25.69M	0.00%
ALSAAlpha Star Acquisition Corporation	$12.06	+0.00%	-28.71	$49.54M	0.00%
AMAOAmerican Acquisition Opportunity Inc.	$7.35	+13.78%	-85.37	$22.60M	0.00%
BWAQBlue World Acquisition Corporation	$4.24	-50.47%	22.32	$28.44M	0.00%
HUDAHudson Acquisition I Corp.	$12.55	-1.80%	-34.86	$27.37M	0.00%

About Finnovate Acquisition Corp.

Finnovate Acquisition Corp. currently functions as a special purpose acquisition company, meaning it does not engage in substantial business activities independently. Its primary objective is to complete a significant business combination, such as a merger, asset purchase, or share exchange, with another company or companies. The firm is specifically targeting acquisition opportunities among businesses connected to Israel, with a strong emphasis on the financial technology (fintech) sector. This includes ventures in areas like digital payments, insurance technology (insuretech), wealth management technology (wealthtech), regulatory technology (regtech), digital banking services, fintech-as-a-service (FAAS), banking-as-a-service (BAAS), cybersecurity solutions for financial institutions, blockchain and cryptocurrency applications, algorithmic trading platforms, and various lending and credit provision platforms. Finnovate Acquisition Corp. was founded in 2021 and is based in George Town, located in the Cayman Islands.

Finnovate Acquisition Corp. is headquartered in KY.

Finnovate Acquisition Corp. (FNVT) stock trades at $11.62 with a market capitalization of $25.93M. The stock is valued at a price-to-earnings (P/E) ratio of -387.33, price-to-book of -6.46, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $11.62 and $11.65, and currently trades at its 52-week high.

On profitability, Finnovate Acquisition Corp. generates a return on equity (ROE) of -0.99%, return on capital employed of -15.85%, an operating margin of 0.00%, a net profit margin of 0.00%.

Official website: www.finnovateacquisition.com