Fortune Rise Acquisition Corp Quarterly Return On Equity in % from Q4 2022 to Q2 2024

Taxonomy & unit: ratio: %
Description: Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary: Fortune Rise Acquisition Corp quarterly/annual Return On Equity history and growth rate from Q4 2022 to Q2 2024.
Fortune Rise Acquisition Corp Return On Equity for the quarter ending June 30, 2024 was 15 %.
Fortune Rise Acquisition Corp annual Return On Equity for 2023 was 4.65 %, a 218% increase from 2022.
Fortune Rise Acquisition Corp annual Return On Equity for 2022 was 1.46 %, a 93.4% decline from 2021.

Return On Equity, Quarterly (%)

Return On Equity, YoY Quarterly Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date
Q2 2024	15	+29.7		Apr 1, 2024	Jun 30, 2024
Q1 2024	13.9	+28.3		Jan 1, 2024	Mar 31, 2024
Q4 2023	4.65	+3.19	+218%	Oct 1, 2023	Dec 31, 2023
Q3 2023	-9.75			Jul 1, 2023	Sep 30, 2023
Q2 2023	-14.7			Apr 1, 2023	Jun 30, 2023
Q1 2023	-14.4			Jan 1, 2023	Mar 31, 2023
Q4 2022	1.46			Oct 1, 2022	Dec 31, 2022

* An asterisk sign (*) next to the value indicates that the value is likely invalid.