Flame Acquisition Corp - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/A$ (N/A)
Beta N/A
Market capitalization 368.72M
Operating cash flow -1.61M
ESG Scores unknown

Company description

Flame Acquisition Corp. does not have significant operations. The focuses on effecting into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify, acquire, and operate a business in the energy industry primarily upstream exploration and production sector, and midstream sector and companies. The company was incorporated in 2020 and is based in Houston, Texas.

Sector: Financial Services - Industry: Shell Companies

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2020-12-31 2021-12-31
Change To Liabilities -4.48k 275.5k
Total Cashflows From Investing Activities -287.5M -287.5M
Net Borrowings 174.5k 1.12M
Total Cash From Financing Activities 38.2k 289.82M
Change To Operating Activities -600.51k -600.51k
Issuance Of Stock 100k 281.75M
Net Income -6.63k 4.27M
Change In Cash 36.06k 313.75k
Effect Of Exchange Rate
Total Cash From Operating Activities -2.15k -2.01M
Depreciation
Change To Account Receivables
Other Cashflows From Financing Activities -236.3k 6.95M
Change To Netincome 8.96k -5.96M
Capital Expenditures

Income Statement 2020-12-31 2021-12-31
Research Development
Income Before Tax -6.63k 4.27M
Net Income -6.63k 4.27M
Selling General Administrative 6.63k 1.68M
Gross Profit
Ebit -6.63k -1.68M
Operating Income -6.63k -1.68M
Interest Expense
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet 5.96M
Net Income From Continuing Ops -6.63k 4.27M
Net Income Applicable To Common Shares -6.63k 4.27M

Balance Sheet Statement 2020-12-31 2021-12-31
Total Liabilities 280.88k 301.38M
Total Stockholder Equity 23.34k -12.94M
Other Current Liabilities
Total Assets 304.22k 288.44M
Common Stock 719 719
Other Current Assets 295.21k
Retained Earnings -1.66k -12.94M
Treasury Stock
Cash 9.01k 322.77k
Total Current Liabilities 280.88k 1.23M
Other Stockholder Equity
Property, Plant, and Equipment
Total Current Assets 304.22k 844.65k
Net Tangible Assets 23.34k -12.94M
Net Receivables
Accounts Payable 237.25k 275.5k


Insider Transactions

Here are the insider transactions of stock shares related to Flame Acquisition Corp - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
FLORES JAMES CPurchase at price 10.10 per share.I2022-12-06Chief Executive Officer7.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Flame Acquisition Corp - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Flame Acquisition Corp - Class A

Here is the result of two systematic investment strategies applied to Flame Acquisition Corp - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Flame Acquisition Corp - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Flame Acquisition Corp - Class A:

Flame Acquisition Corp - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0.62% on the backtest period.

Performance at glance

Performance

0.62 %

Latent gain

3.12 $

Invested capital

504.92 $

Annualized return

1.03 %
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Momentum strategy results on Flame Acquisition Corp - Class A

This is the result of two momentum investment strategies applied to Flame Acquisition Corp - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Flame Acquisition Corp - Class A

The following chart shows all the entries opened by the momentum investment system on Flame Acquisition Corp - Class A:

Flame Acquisition Corp - Class A momentum entries
  • The first momentum investment strategy would give 1.14% of return on Flame Acquisition Corp - Class A. That represents 14.3$ of latent gain with 1255.8$ of employed capital.
  • The second momentum investment strategy would give 0.31% of return on Flame Acquisition Corp - Class A. That represents 0.78$ of latent gain with 253.24$ of employed capital.
Performance at glance (1Q Momentum)

Performance

1.14 %

Latent gain

14.3 $

Invested capital

1255.8 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0.31 %

Latent gain

0.78 $

Invested capital

253.24 $

Annualized return

2.58 %

Momentum equity curve on Flame Acquisition Corp - Class A

The following chart shows the equity curve of the two momentum strategies applied to Flame Acquisition Corp - Class A:

Flame Acquisition Corp - Class A momentum equity

Note: the dividends potentially given by Flame Acquisition Corp - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Flame Acquisition Corp - Class A

The following chart shows the employed capital evolution of the two momentum strategies on Flame Acquisition Corp - Class A since the beginning:

Flame Acquisition Corp - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Flame Acquisition Corp - Class A

Buy the dip entry openings on Flame Acquisition Corp - Class A

Flame Acquisition Corp - Class A

The performance achieved by the robo-advisor on Flame Acquisition Corp - Class A is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Flame Acquisition Corp - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Flame Acquisition Corp - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to Flame Acquisition Corp - Class A

The following chart shows the result of the investment strategy applied to Flame Acquisition Corp - Class A:

Flame Acquisition Corp - Class A

Note: the dividends potentially given by Flame Acquisition Corp - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Flame Acquisition Corp - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Flame Acquisition Corp - Class A:

Flame Acquisition Corp - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Flame Acquisition Corp - Class A

In this section, I will compare the three previous investment strategies applied to Flame Acquisition Corp - Class A.

Equity curve comparison on Flame Acquisition Corp - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Flame Acquisition Corp - Class A investment strategy comparison

Employed capital comparison on Flame Acquisition Corp - Class A

Flame Acquisition Corp - Class A investment comparison

Performance comparison on Flame Acquisition Corp - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0.62% 3.12$ 504.92$ 1.03%
Momentum 1 quarter 1.14% 14.3$ 1255.8$ 3.17%
Momentum 2 quarters 0.31% 0.78$ 253.24$ 2.58%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

1.03 %

Momentum 1Q

2.58 %

Momentum 2Q

2.58 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Flame Acquisition Corp - Class A:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Flame Acquisition Corp - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Flame Acquisition Corp - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Flame Acquisition Corp - Class A
Country United States
City Houston
Address 700 Milam Street
Phone 713 579 6106
Website www.flameacq.com
FullTime employees
Industry Shell Companies
Sector Financial Services
Exchange XNYS
Ticker FLME
Market www.nyse.com

Flame Acquisition Corp - Class A ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown