Is Finnovate Acquisition Corp. (FNVT) a Buy, Sell, or Hold?
NASDAQ : FNVT
Finnovate Acquisition Corp. — Financials
$11.62 USD
$11.62 (0%)
- Volume
- 9.58K
- Average Volume
- 6.01K
- Market Capitalization
- $25.93M
- P/E Ratio
- -387.33
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $11.65
- Year Low
- $11.62
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.00
FNVT Financial Statements
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| revenue | - | - | - | - |
| costOfRevenue | - | - | - | - |
| grossProfit | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - |
| generalAndAdministrativeExpenses | 1.62M | 1.99M | 1.47M | 190.97K |
| sellingAndMarketingExpenses | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 1.62M | 1.99M | 1.47M | 190.97K |
| otherExpenses | - | - | - | - |
| operatingExpenses | 1.62M | 1.99M | 1.47M | 190.97K |
| costAndExpenses | - | 1.99M | 1.47M | 190.97K |
| netInterestIncome | - | - | 2.58M | -446K |
| interestIncome | - | - | 2.58M | - |
| interestExpense | - | - | - | 448.57K |
| depreciationAndAmortization | - | - | - | - |
| ebitda | -1.62M | 2.5M | -1.47M | -420K |
| ebit | - | 2.5M | -2.94M | -420K |
| nonOperatingIncomeExcludingInterest | - | -4.49M | 1.47M | 229.17K |
| operatingIncome | -1.62M | -1.99M | -1.47M | -191K |
| totalOtherIncomeExpensesNet | 1.41M | 4.49M | 2.58M | -127.43K |
| incomeBeforeTax | -215K | 2.5M | 1.11M | -318.43K |
| incomeTaxExpense | - | - | - | 448.57K |
| netIncomeFromContinuingOperations | - | 2.5M | 1.11M | -767K |
| netIncomeFromDiscontinuedOperations | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | 127.91K |
| netIncome | -215K | 2.5M | 1.11M | -640K |
| netIncomeDeductions | - | - | - | - |
| bottomLineNetIncome | -215K | 2.5M | 1.11M | -640K |
| eps | -0.03 | 0.19 | 0.05 | -0.03 |
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| cashAndCashEquivalents | 769 | 37 | 244.18K | 1.01M |
| shortTermInvestments | - | - | - | - |
| cashAndShortTermInvestments | 769 | 37 | 244.18K | 1.01M |
| netReceivables | - | - | - | - |
| accountsReceivables | - | - | - | - |
| otherReceivables | - | - | - | - |
| inventory | - | - | - | - |
| prepaids | - | 37389 | 314.5K | 367.53K |
| otherCurrentAssets | 24030 | - | - | - |
| totalCurrentAssets | 24799 | 37426 | 558.68K | 1.38M |
| propertyPlantEquipmentNet | - | - | - | - |
| goodwill | - | - | - | - |
| intangibleAssets | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - |
| longTermInvestments | 10.21M | 51.2M | 178.53M | 175.95M |
| taxAssets | - | - | - | - |
| otherNonCurrentAssets | - | - | - | 302.08K |
| totalNonCurrentAssets | 10.21M | 51.2M | 178.53M | 176.25M |
| otherAssets | - | - | - | - |
| totalAssets | 10.23M | 51.24M | 179.09M | 177.63M |
| totalPayables | - | 1.44M | 522.8K | 165.74K |
| accountPayables | - | 1.44M | 522.8K | 165.74K |
| otherPayables | - | - | - | - |
| accruedExpenses | - | - | 41464 | 6000 |
| shortTermDebt | - | 1.34M | 449.76K | - |
| capitalLeaseObligationsCurrent | - | - | - | - |
| taxPayables | - | - | - | - |
| deferredRevenue | - | - | - | - |
| otherCurrentLiabilities | - | 56600 | - | 46894 |
| totalCurrentLiabilities | - | 2.83M | 1.01M | 218.63K |
| longTermDebt | - | - | - | 449.76K |
| capitalLeaseObligationsNonCurrent | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - |
| otherNonCurrentLiabilities | - | 51.2M | - | - |
| totalNonCurrentLiabilities | - | 51.2M | 972.57K | 449.76K |
| otherLiabilities | - | -51.2M | -972.57K | - |
| capitalLeaseObligations | - | - | - | - |
| totalLiabilities | 5.11M | 2.83M | 1.01M | 668.4K |
| treasuryStock | - | - | - | - |
| preferredStock | - | - | - | - |
| commonStock | 20.44M | 51.2M | 178.53M | 175.95M |
| retainedEarnings | -5.09M | -2.8M | -455.8K | -639.55K |
| additionalPaidInCapital | - | - | - | 1.65M |
| date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| netIncome | -310.68K | 2.49M | 1.11M | -639.55K |
| depreciationAndAmortization | - | - | - | - |
| deferredIncomeTax | - | - | - | - |
| stockBasedCompensation | - | - | - | 540.81 |
| changeInWorkingCapital | - | 1.2M | 700.74K | -450.98K |
| accountsReceivables | - | - | - | - |
| inventory | - | - | - | - |
| accountsPayables | 703.35K | 912.4K | 357.06K | 165.74K |
| otherWorkingCapital | - | 292.25K | 343.68K | -450.98K |
| otherNonCashItems | -567.24K | -4.49M | -2.58M | 448.57K |
| netCashProvidedByOperatingActivities | -877.92K | -786.64K | -767.59K | -641.95K |
| investmentsInPropertyPlantAndEquipment | - | - | - | - |
| acquisitionsNet | - | - | - | - |
| purchasesOfInvestments | - | - | - | -175.95M |
| salesMaturitiesOfInvestments | - | - | - | - |
| otherInvestingActivities | 42.4M | 131.82M | - | -211.14K |
| netCashProvidedByInvestingActivities | 42.4M | 131.82M | - | -175.95M |
| netDebtIssuance | - | 1.34M | - | 449.76K |
| longTermNetDebtIssuance | - | - | - | 449.76K |
| shortTermNetDebtIssuance | - | 1.34M | - | - |
| netStockIssuance | - | -132.62M | - | 177.15M |
| netCommonStockIssuance | - | -132.62M | - | 177.15M |
| commonStockIssuance | - | - | - | 177.15M |
| commonStockRepurchased | - | -132.62M | - | - |
| netPreferredStockIssuance | - | - | - | - |
| netDividendsPaid | - | - | - | - |
| commonDividendsPaid | - | - | - | - |
| preferredDividendsPaid | - | - | - | - |
| otherFinancingActivities | -41.52M | - | - | - |
| netCashProvidedByFinancingActivities | -41.52M | -131.27M | - | 177.6M |
| date | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 5793 | 925.72K | 375.17K | -93 | 321.2K | 511.44K | 635.56K | 543.87K | 302.26K | 794.63K |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 5793 | 469.96K | 375.17K | 455.76K | 321.2K | 511.44K | 635.56K | 543.87K | 302.26K | 794.63K |
| otherExpenses | - | - | - | - | - | - | - | - | - | - |
| operatingExpenses | 5793 | 469.96K | 375.17K | 455.76K | 321.2K | 511.44K | 635.56K | 543.87K | 302.26K | 794.63K |
| costAndExpenses | - | 469.96K | - | 455.76K | 321.2K | 511.44K | 635.56K | 543.87K | 302.26K | 794.63K |
| netInterestIncome | - | -969K | - | 406.14K | 563.3K | 593.92K | 641.63K | 1.34M | 1.91M | 1.52M |
| interestIncome | - | -969K | - | 406.14K | 563.3K | 593.92K | 641.63K | 1.34M | 1.91M | 1.52M |
| interestExpense | - | - | - | - | - | - | - | - | - | - |
| depreciationAndAmortization | - | - | - | - | - | - | - | 122.08K | 302.26K | 54880 |
| ebitda | -5793 | 776.97K | -375K | -456K | -321K | 3.98M | -636K | -421.92K | 264 | -740.12K |
| ebit | - | 776.97K | - | -456K | -321K | 3.98M | -636K | -544K | -302K | -795K |
| nonOperatingIncomeExcludingInterest | - | - | - | - | - | -593.92K | - | - | - | - |
| operatingIncome | -5793 | -470K | -375K | -456K | -321K | -511.44K | -636K | -544K | -302K | -795K |
| totalOtherIncomeExpensesNet | 81092 | 159.28K | 277.72K | 406.14K | 563.3K | 593.92K | 641.63K | 1.34M | 1.91M | 1.52M |
| incomeBeforeTax | 75299 | -311K | -97285 | -49619 | 242.1K | 82481 | 6069 | 798.32K | 1.61M | 726.62K |
| incomeTaxExpense | - | 321.2K | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | - | -95191 | -97285 | -49619 | 242.1K | 82481 | 6069 | 798.32K | 1.61M | 726.62K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | 75299 | -310.19K | -97285 | -49619 | 242.1K | 82481 | 6069 | 798.32K | 1.61M | 726.62K |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | - | -95191 | -97285 | -49619 | 242.1K | 82481 | 6069 | 798.32K | 1.61M | 726.62K |
| eps | 0.01 | -0.01 | -0.04 | -0.01 | 0.03 | 0.01 | 0.0 | 0.06 | 0.16 | 0.1 |
| date | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 99772 | 769 | 7555 | 35523 | 5436 | 37 | 867 | 84 | 94114 | 244.18K |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 99772 | 769 | 7555 | 35523 | 5436 | 37 | 867 | 84 | 94114 | 244.18K |
| netReceivables | - | - | - | - | - | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | 60889 | 77095 | 37389 | 66235 | 218.94K | 278.94K | 314.5K |
| otherCurrentAssets | 24030 | 24030 | 38424 | - | - | - | - | - | - | - |
| totalCurrentAssets | 123.8K | 24799 | 45979 | 96412 | 82531 | 37426 | 67102 | 219.03K | 373.05K | 558.68K |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | 10.42M | 10.21M | 26.13M | 25.74M | 52.06M | 51.2M | 50.31M | 49.46M | 180.44M | 178.53M |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - | - | - | - | - |
| totalNonCurrentAssets | 10.42M | 10.21M | 26.13M | 25.74M | 52.06M | 51.2M | 50.31M | 49.46M | 180.44M | 178.53M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 10.54M | 10.23M | 26.17M | 25.83M | 52.15M | 51.24M | 50.37M | 49.68M | 180.81M | 179.09M |
| totalPayables | - | - | - | 1.72M | 1.52M | 1.44M | 1.55M | 1.02M | 629.02K | 522.8K |
| accountPayables | - | - | - | 1.72M | 1.52M | 1.44M | 1.24M | 1.02M | 629.02K | 522.8K |
| otherPayables | - | - | - | - | - | - | 310.37K | - | - | - |
| accruedExpenses | - | - | - | 74600 | 65600 | 56600 | - | 44464 | - | 41464 |
| shortTermDebt | - | - | - | 2.35M | 1.91M | 1.34M | 500K | 300K | 449.76K | 449.76K |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | - | - | - | - | - | - | - | - | 50464 | - |
| totalCurrentLiabilities | - | - | - | 4.14M | 3.5M | 2.83M | 2.05M | 1.37M | 1.13M | 1.01M |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | - | - | - | 25.74M | 52.06M | 51.2M | - | - | - | - |
| totalNonCurrentLiabilities | - | - | - | 25.74M | 52.06M | 51.2M | - | - | 1.08M | 972.57K |
| otherLiabilities | - | - | - | - | - | -51.2M | - | - | -1.08M | -972.57K |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 5.35M | 5.11M | 4.58M | 4.14M | 3.5M | 2.83M | 2.05M | 1.37M | 1.13M | 1.01M |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 20.96M | 20.44M | 52.3M | 25.74M | 52.06M | 51.2M | 50.31M | 49.47M | 180.44M | 178.53M |
| retainedEarnings | -5.22M | -5.09M | -4.54M | -4.05M | -3.42M | -2.8M | -1.99M | -1.15M | -756.64K | -455.8K |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 75299 | -310.68K | -97285 | -49619 | 242.1K | 82481 | 6069 | 798.32K | 1.61M | 726.62K |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | - | - | -280.41K | 221.34K | 59077 | -31922 | 636.21K | 449.58K | 150.78K | 480.11K |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | -284.88K | 321.54K | 95895 | 196.13K | 89783 | 193K | 217.59K | 395.59K | 106.22K | 377.19K |
| otherWorkingCapital | - | 292.03K | -376.31K | 25206 | 59077 | -224.92K | 418.62K | 53993 | 44564 | 102.92K |
| otherNonCashItems | 23704 | 176.7K | 129.98K | -405.98K | -563.13K | -593.89K | -641.5K | -1.34M | -1.91M | -1.52M |
| netCashProvidedByOperatingActivities | 99003 | -133.98K | -247.72K | -234.26K | -261.96K | -543.33K | 783 | -94030 | -150.06K | -312.36K |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | -26.91M | 26.91M | - | -132.62M | - | 132.62M | - | - |
| otherInvestingActivities | -130.35K | 16.08M | 26.8M | -175K | -300K | 132.32M | -500K | 132.62K | - | - |
| netCashProvidedByInvestingActivities | -130.35K | 16.08M | -112.5K | 26.73M | -300K | -300K | -500K | 132.62M | - | - |
| netDebtIssuance | - | -1.01M | - | 439.35K | 567.36K | 1.34M | 500K | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | -1.01M | - | 439.35K | 567.36K | 1.34M | 500K | - | - | - |
| netStockIssuance | - | 26.91M | - | -26.91M | - | - | - | -132.62M | - | - |
| netCommonStockIssuance | - | 26.91M | - | -26.91M | - | - | - | -132.62M | - | - |
| commonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockRepurchased | - | - | 26.91M | -26.91M | - | 132.62M | - | -132.62M | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 130.35K | -41.85M | 332.25K | - | - | -500K | - | -921 | - | - |
| netCashProvidedByFinancingActivities | 130.35K | -15.95M | 332.25K | -26.47M | 567.36K | 842.5K | 500K | -132.62M | - | - |