Flame Acquisition Corp

Company Profile

Flame Acquisition Corp had its IPO on 2021-04-19 under the ticker symbol FLME.

The company operates in the Financial Services sector and Shell Companies industry. Flame Acquisition Corp has a staff strength of 0 employees.

Stock update

Shares of Flame Acquisition Corp opened at $10.42 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.33 - $10.66, and closed at $10.43.

This is a +0.92% increase from the previous day's closing price.

A total volume of 47,091 shares were traded at the close of the day’s session.

In the last one week, shares of Flame Acquisition Corp have increased by +1.26%.

Flame Acquisition Corp's Key Ratios

Flame Acquisition Corp has a market cap of $159.17 million, indicating a price to book ratio of 1.2732 and a price to sales ratio of 0.

In the last 12-months Flame Acquisition Corp’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures Flame Acquisition Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Flame Acquisition Corp’s operating margin was 0% while its return on assets stood at -2.29% with a return of equity of 0%.

In Q1, Flame Acquisition Corp’s quarterly earnings growth was a negative -60.3% while revenue growth was a positive 0%.

Flame Acquisition Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.47 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Flame Acquisition Corp’s profitability.

Flame Acquisition Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -126.7333. Its price to sales ratio in the trailing 12-months stood at 0.

Flame Acquisition Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$87.30 million

Total Liabilities

$10.59 million

Operating Cash Flow

$206.16 million

Capital Expenditure

$0

Dividend Payout Ratio

0%

Flame Acquisition Corp ended 2024 with $87.30 million in total assets and $0 in total liabilities. Its intangible assets were valued at $87.30 million while shareholder equity stood at $65.91 million.

Flame Acquisition Corp ended 2024 with $0 in deferred long-term liabilities, $10.59 million in other current liabilities, 86003021.00 in common stock, $-20091949.00 in retained earnings and $0 in goodwill. Its cash balance stood at $133691.00 and cash and short-term investments were $133691.00. The company’s total short-term debt was $2,275,645 while long-term debt stood at $0.

Flame Acquisition Corp’s total current assets stands at $436840.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $5.44 million and inventory worth $0.

In 2024, Flame Acquisition Corp's operating cash flow was $206.16 million while its capital expenditure stood at $0.

Comparatively, Flame Acquisition Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$10.43

52-Week High

$10.47

52-Week Low

$9.76

Analyst Target Price

$

Flame Acquisition Corp stock is currently trading at $10.43 per share. It touched a 52-week high of $10.47 and a 52-week low of $10.47. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.33 and 200-day moving average was $10.18 The short ratio stood at 0.11 indicating a short percent outstanding of 0%.

Around 1037.6% of the company’s stock are held by insiders while 27597.4% are held by institutions.