FNVTU
Finnovate Acquisition Corp.
NASDAQ · Financial Services · Shell Companies · KY
$11.71
+2.63%Income statement
| Metric | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — |
| Gross Profit | — | — | — | — | — |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 1.3M | 1.6M | 2.0M | 1.5M | 191.0K |
| General & Admin Expense | 1.3M | 1.6M | 2.0M | 1.5M | 191.0K |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 1.3M | 1.6M | 2.0M | 1.5M | 191.0K |
| Cost and Expenses | 925.7K | — | 2.0M | 1.5M | 191.0K |
| Operating Income (EBIT) | (1.3M) | (1.6M) | (2.0M) | (1.5M) | (191.0K) |
| Non-Operating | |||||
| Interest Income | (562.9K) | — | — | 2.6M | — |
| Interest Expense | — | — | — | — | 448.6K |
| Net Interest Income | (562.9K) | — | — | 2.6M | (446.0K) |
| Other Non-Op Income/Expense | 924.2K | 1.4M | 4.5M | 2.6M | (127.4K) |
| Non-Operating Income (excl Interest) | — | — | (4.5M) | 1.5M | 229.2K |
| EBT (Pre-Tax Income) | (382.6K) | (215.0K) | 2.5M | 1.1M | (318.4K) |
| Income Tax Expense | 321.2K | — | — | — | 448.6K |
| Bottom Line | |||||
| Net Income | (381.8K) | (215.0K) | 2.5M | 1.1M | (640.0K) |
| Earnings from Cont. Ops | (242.1K) | — | 2.5M | 1.1M | (767.0K) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (242.1K) | (215.0K) | 2.5M | 1.1M | (640.0K) |
| Per Share | |||||
| Basic EPS | ($0.05) | ($0.03) | $0.19 | $0.05 | ($0.03) |
| Diluted EPS | ($0.05) | ($0.03) | $0.27 | $0.05 | ($0.03) |
| Revenue Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares | |||||
| Basic Shares Outstanding | 865292 | 2.8M | 13.4M | 21.7M | 21.6M |
| Diluted Shares Outstanding | 865292 | 2.8M | 9.1M | 21.7M | 21.6M |
| Profitability Metrics | |||||
| EBITDA | (1.3M) | (1.6M) | 2.5M | (1.5M) | (640.0K) |
| D&A | (321.0K) | — | — | — | (449.0K) |
| EBIT | 321.0K | — | 2.5M | (2.9M) | (420.0K) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2025