Northern Lights Acquisition Corp.

Northern Lights Acquisition Corp. - ROEverified

NLIT

Price:

$10.31

Market Cap:

$643.17K

Northern Lights Acquisition Corp. currently possesses no substantive commercial operations. Its explicit goal is to execute a strategic business combination—such as a merger, stock swap, asset purchase, or corporate restructuring—with one or more entities operating within the cannabis sector. Established in 2021, this enterprise maintains its corporate headquarters in New York, New York.

Industry

Shell Companies

IPO Date

2021-08-18

Stock Exchange

NASDAQ

Ticker

NLIT

The ROE as of July 2026 (TTM) for Northern Lights Acquisition Corp. (NLIT) is -303.81%

According to Northern Lights Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is -303.81%. This represents a change of 4.62% compared to the average of -6.44% 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 -34.68%. The current -303.81% ROE has changed 776.13% 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

-34.68%

Median

9.27%

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
2025-26.24%-106.67%
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 less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

105.56%

5-year avg

-65.11%

10-year avg

-34.68%

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

How is NLIT’s ROE compared to its peers?

Northern Lights Acquisition Corp.’s ROE is less than Frontier Acquisition Corp. (0.85%), less than UTA Acquisition Corporation (0%), less than FinTech Evolution Acquisition Group (3.52%), less than Jaws Mustang Acquisition Corporation (12.05%), less than Corsair Partnering Corporation (10.45%), less than LDH Growth Corp I (0%), less than Social Capital Suvretta Holdings Corp. II (2.59%), less than Sculptor Acquisition Corp I (15.88%), less than Waverley Capital Acquisition Corp. 1 (2.40%), less than Zalatoris II Acquisition Corp. (0.92%),

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