Northern Lights Acquisition Corp.

Northern Lights Acquisition Corp.verified

NLIT

Price:

$10.31

Market Cap:

$4.38M

Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.

Industry

Shell Companies

IPO Date

2021-08-18

Stock Exchange

NASDAQ

Ticker

NLIT

The ROE as of December 2025 (TTM) for Northern Lights Acquisition Corp. (NLIT) is 2.71%

According to Northern Lights Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is 2.71%. This represents a change of 2.43% compared to the average of 107.10% of the last 4 quarters.

Northern Lights Acquisition Corp. (NLIT) Historical ROE (quarterly & annually)

How has NLIT ROE performed in the past?

The mean historical ROE of Northern Lights Acquisition Corp. over the last ten years is -36.36%. The current 2.71% ROE has changed -7564.99% with respect to the historical average. Over the past ten years (40 quarters), NLIT's ROE was at its highest in in the March 2021 quarter at 3.67%. The ROE was at its lowest in in the December 2022 quarter at -724.06%.

Quarterly (TTM)
Annual

Average

-36.36%

Median

44.79%

Minimum

-687.02%

Maximum

393.22%

Northern Lights Acquisition Corp. (NLIT) ROE by Quarter and Year

Discovering the peaks and valleys of Northern Lights Acquisition Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual ROE = 393.22%

Minimum Annual Increase = -1634.00%

Minimum Annual ROE = -687.02%

Quarterly (TTM)
Annual
YearROEChange
2024393.22%-881.80%
2023-50.30%-92.68%
2022-687.02%-1634.00%
202144.79%-61.88%

Northern Lights Acquisition Corp. (NLIT) Average ROE

How has NLIT ROE performed in the past?

The current ROE of Northern Lights Acquisition Corp. (NLIT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-114.70%

5-year avg

-36.36%

10-year avg

-36.36%

Northern Lights Acquisition Corp. (NLIT) ROE vs. Peers

How is NLIT’s ROE compared to its peers?

Northern Lights Acquisition Corp.’s ROE is greater than Frontier Acquisition Corp. (0.85%), less than UTA Acquisition Corporation (0%), greater than FinTech Evolution Acquisition Group (3.52%), greater than Jaws Mustang Acquisition Corporation (-21.30%), greater than Corsair Partnering Corporation (10.45%), less than LDH Growth Corp I (0%), greater than Social Capital Suvretta Holdings Corp. II (2.59%), greater than Sculptor Acquisition Corp I (15.88%), greater than Waverley Capital Acquisition Corp. 1 (2.40%), greater than Zalatoris II Acquisition Corp. (0.92%),

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