Finnovate Acquisition Corp. () Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

2.85 k

Shareholding (Oct 2024)

FII

26.42%

Held by 11 FIIs

DII

61.02%

Held by 14 DIIs

Promoter

0.00%

How big is Finnovate Acquisition Corp.?

22-Jun-2025

As of Jun 12, Finnovate Acquisition Corp. has a market capitalization of 52.31 million, with net sales of 0.00 million and a net profit of -0.22 million for the latest four quarters. The balance sheet shows shareholder's funds of 5.12 million and total assets of 10.23 million.

What does Finnovate Acquisition Corp. do?

22-Jun-2025

Finnovate Acquisition Corp. is a micro-cap company in the finance industry with a market cap of $52.31 million and reported no net profit as of December 2024. Key metrics indicate it is loss-making, with a negative debt equity ratio and a return on equity of -4.21%.

Is Finnovate Acquisition Corp. technically bullish or bearish?

20-Sep-2025

As of July 14, 2025, Finnovate Acquisition Corp. is in a bearish trend with strong indicators, including bearish MACD and moving averages, and has significantly underperformed the S&P 500 with a year-to-date return of -74.51%.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

Stock DNA

Industry

Finance

Market cap

USD 0 Million ()

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

-999,999.00

Return on Equity

-4.21%

Price to Book

0.00

Revenue and Profits:

Net Sales:

(Quarterly Results - Dec 2024)

Net Profit:

0 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-41.96%

6 Months

-84.08%

1 Year

-83.56%

2 Years

-82.65%

3 Years

-81.27%

4 Years

0.0%

5 Years

0.0%

Finnovate Acquisition Corp. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Is Finnovate Acquisition Corp. technically bullish or bearish?

As of 14 July 2025, the technical trend for Finnovate Acquisition Corp. has changed from mildly bearish to bearish. The current stance is bearish with strong indicators supporting this view. The MACD is bearish on both the weekly and monthly time frames, and the moving averages are bearish on the daily. Additionally, Bollinger Bands and KST are bearish on both weekly and monthly periods, while Dow Theory also indicates a bearish trend. The RSI shows no signal on the weekly but is bullish on the monthly, which contrasts with the overall bearish sentiment. In terms of performance, the stock has significantly underperformed compared to the S&P 500, with a year-to-date return of -74.51% versus the S&P 500's 12.22%. This stark contrast highlights the weakness in Finnovate Acquisition Corp.'s technical position....

Finnovate Acquisition Corp. Hits New 52-Week Low at $2.87

Finnovate Acquisition Corp. has reached a new 52-week low, reflecting a significant decline over the past year. The company, operating in the finance sector, faces financial challenges, including a negative return on equity and undefined P/E ratio, indicating a need for strategic reassessment.

Finnovate Acquisition Corp. Hits New 52-Week Low at $2.87

Finnovate Acquisition Corp. has reached a new 52-week low, reflecting a significant decline in value over the past year. The company has faced challenges, including a substantial drop in stock price, negative return on equity, and a lack of market valuation, indicating ongoing financial difficulties.

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

EBIT Growth (5y)

13.12%

EBIT to Interest (avg)

-1.49

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

ROE (avg)

1.93%

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

10.97

EV to EBIT

-36.43

EV to EBITDA

-36.43

EV to Capital Employed

7.38

EV to Sales

PEG Ratio

Dividend Yield

ROCE (Latest)

-20.25%

ROE (Latest)

-4.21%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bullish

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

No Trend

Mildly Bearish

OBV

Mildly Bullish

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Oct 2024

Shareholding Compare (%holding)

Majority shareholders

Foreign Institutions

Domestic Funds

Held in 6 Schemes (12.56%)

Foreign Institutions

Held by 11 Foreign Institutions (26.42%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 0.00% vs 0.00% in Dec 2023",
        "dir": 0
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -400.00% vs -85.71% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.50",
          "val2": "-0.50",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-0.30",
          "val2": "0.10",
          "chgp": "-400.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "0.00%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 0.00% vs 0.00% in Dec 2023",
        "dir": 0
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -108.00% vs 127.27% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-1.60",
          "val2": "-2.00",
          "chgp": "20.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-0.20",
          "val2": "2.50",
          "chgp": "-108.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "0.00%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY

Dec'24

Dec'23

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.50

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

-0.30

0.10

-400.00%

Operating Profit Margin (Excl OI)

0.00%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Dec 2024 is 0.00% vs 0.00% in Dec 2023

Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -400.00% vs -85.71% in Dec 2023

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-1.60

-2.00

20.00%

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

-0.20

2.50

-108.00%

Operating Profit Margin (Excl OI)

0.00%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 0.00% vs 0.00% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -108.00% vs 127.27% in Dec 2023

All Annual Results

Company CV

About Finnovate Acquisition Corp.

Finnovate Acquisition Corp.

Finance

No Details Available.

Company Coordinates

No Company Details Available

Finnovate Acquisition Corp.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Finnovate Acquisition Corp.?

Watch in Real-Time

What does Finnovate Acquisition Corp. do?

Is Finnovate Acquisition Corp. technically bullish or bearish?

MarketsMojo — Loved in India, Now Global

Dashboard

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Is Finnovate Acquisition Corp. technically bullish or bearish?

Finnovate Acquisition Corp. Hits New 52-Week Low at $2.87

Finnovate Acquisition Corp. Hits New 52-Week Low at $2.87

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Oct 2024

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY

Annual Results Snapshot (Consolidated) - Dec'24

About Finnovate Acquisition Corp.

Company Coordinates