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Feutune Light Acquisition Corporation  (FLFV)
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Price: $10.9400 $0.03 0.275%
Day's High: $10.94 Week Perf: 0.37 %
Day's Low: $ 10.90 30 Day Perf: 1.02 %
Volume (M): 5 52 Wk High: $ 12.01
Volume (M$): $ 58 52 Wk Avg: $10.64
Open: $10.90 52 Wk Low: $10.33



 Market Capitalization (Millions $) 55
 Shares Outstanding (Millions) 5
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Feutune Light Acquisition Corporation
Feutune Light Acquisition Corporation is a newly established investment firm that focuses on acquiring and growing businesses in the technology sector. The company aims to identify promising startups or established companies with strong growth potential and support their expansion through investments and strategic partnerships. Feutune Light Acquisition Corporation intends to provide both financial resources and management expertise to its portfolio companies, helping them achieve long-term success and profitability.


   Company Address: 48 Bridge Street Metuchen 8840 NJ
   Company Phone Number: 214-2482   Stock Exchange / Ticker: NASDAQ FLFV
   FLFV is expected to report next financial results on March 29, 2024.


   

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Announcement

Feutune Light Acquisition Corporation Extends Deadline for Initial Business Combination

Published Fri, Jan 19 2024 9:34 PM UTC

Metuchen, NJ, Jan. 19, 2024 - Feutune Light Acquisition Corporation (NASDAQ: FLFV), a blank check company incorporated in Delaware, has announced an extension of the deadline to complete its initial business combination. The new deadline has been moved from January 21, 2024, to February 21, 2024, following the deposit of $100,000 into the Company's trust account.Feutune Ligh...

Feutune Light Acquisition Corporation

FLFV Shakes Up the Investment Game with Blockbuster Financial Report for Q3 2023


As we delve deeper into the July to September 2023 reporting cycle, the financial landscape is being painted with mixed colors. Amidst the myriad of corporate numbers, the Blank Checks industry has caught our attention, with FLFV reporting an operating deficit of $-0.443896 million for the most recent fiscal period.
While FLFV has yet to announce its revenue numbers, it is crucial to place this latest result into context. Comparing the current performance with the same period in 2022, we see a notable decline from an operating deficit of $-0.171633 million. This downward trend casts a shadow over the company's self-esteem.

Feutune Light Acquisition Corporation

Feutune Light Acquisition Corporation (FLFV) Reports Operating Deficit, But Anticipates Promising Future with New Business Model


Introduction
During the April to June 30, 2023 reporting season, numerous companies have released their financial results. Among them, the Blank Checks sector constituents have been particularly noteworthy. This article will focus on the recent performance of one such constituent, Feutune Light Acquisition Corporation (FLFV), as well as highlight some interesting facts about the company's future prospects.
Operating Deficit and Expectations
One key aspect of FLFV's recent report is the operating deficit of $-0.230473 million in the most recent fiscal period. While this may seem concerning at first, investors have shifted their attention to the upcoming stage for the company. They anticipate the introduction of a new business model in the near future, which holds the potential for significant growth.

Feutune Light Acquisition Corp

Feutune Light Acquisition Corp Reports Operating Deficit in Q1 2023 but Shows Improvement in Overall ROI Ranking

Feutune Light Acquisition Corp reported a decrease in its return on average invested assets (ROI), reaching 0.53% in the first quarter of 2023, below the company's average ROI of 0.62%. This drop was mainly due to a decline in net income in comparison with the period ending on December 31, 2022. Unfortunately, the company also ranked below 746 other financial sector companies that achieved a higher ROI.
Despite these challenges, Feutune Light Acquisition Corp's overall ranking for ROI improved in the first quarter of 2023, reaching 2178 from the previous ranking of 2760 in the fourth quarter of 2022. This new progress demonstrates the company's focus on business decisions and strategies to improve financial performance.






 




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