FOMC · Fomo Worldwide, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $608.6K | $899.3K | $552.3K | - | $955.4K | $2.65M | $1.23M | - | $107.8K | $84.7K |
| Cost of Revenue | $479.4K | $691.7K | $397.6K | - | $885.3K | $2.44M | $1.07M | - | $97.9K | $65.3K |
| Gross Profit | $129.2K | $207.6K | $154.8K | - | $70.1K | $205.5K | $165.9K | - | $9.9K | $19.4K |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $261.1K | $410.7K | $550.9K | - | $364.5K | $458.4K | $1.21M | - | $233.0K | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | $359.9K |
| D&A | $1.6K | $1.6K | $7.9K | - | $0 | $1.7K | $43.6K | - | - | - |
| Operating Income | ($131.9K) | ($203.0K) | ($396.1K) | - | ($294.4K) | ($252.9K) | ($1.04M) | - | ($223.1K) | ($340.5K) |
| Interest Expense | $61.1K | $252.9K | $233.2K | - | $117.0K | - | $62.8K | - | $7.6K | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | $291.5K | $2.89M | ($3.79M) | - | ($328.5K) | ($1.08M) | ($1.72M) | - | ($215.0K) | $1.18M |
| EPS - Basic | $0.00 | ($0.00) | ($0.00) | - | $0.00 | $0.00 | $0.00 | - | - | - |
| EPS - Diluted | $0.00 | ($0.00) | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.5K | $111.2K | $119.1K | $97.0K | $143.5K | $233.7K | $64.8K | $94.2K | $201.6K | $32.1K |
| Accounts Receivable | $595.2K | $536.5K | $914.8K | $1.68M | $1.34M | $1.27M | $1.13M | $36.8K | $68.7K | $59.9K |
| Inventory | $216.6K | $295.5K | $262.4K | $382.5K | $1.75M | $725.3K | $1.04M | $8.1K | $233.3K | $231.6K |
| Accounts Payable | - | - | - | - | - | - | - | - | $72.3K | - |
| Current Assets | $877.9K | $1.00M | $1.37M | $2.22M | $3.42M | $2.29M | $2.29M | $193.1K | $1.01M | $497.0K |
| Total Assets | $2.54M | $2.70M | $3.03M | $3.58M | $5.41M | $3.79M | $4.09M | $958.5K | $2.91M | $2.52M |
| Current Liabilities | $4.39M | $4.97M | $8.89M | $5.64M | $6.36M | $3.71M | $2.79M | $1.27M | $1.14M | $1.23M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $4.77M | $5.40M | $9.38M | $6.15M | $6.89M | $4.71M | $4.02M | $1.27M | $1.14M | $1.23M |
| Stockholders' Equity | ($2.23M) | ($2.70M) | ($6.35M) | ($2.57M) | ($1.48M) | ($919.5K) | $65.2K | ($310.2K) | $1.77M | $1.29M |
| Retained Earnings | ($24.78M) | ($25.05M) | ($27.91M) | ($24.10M) | ($23.61M) | ($23.05M) | ($21.96M) | ($20.25M) | ($9.08M) | ($8.87M) |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($388.2K) | - | - | - | ($1.34M) | - | - | - |
| Investing Cash Flow | - | - | ($14.7K) | - | - | - | $755.4K | - | - | - |
| Financing Cash Flow | - | - | $425.1K | - | - | - | $552.6K | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 21.2% | 23.1% | 28.0% | - | 7.3% | 7.8% | 13.4% | - | 9.2% | 22.9% |
| Operating margin | -21.7% | -22.6% | -71.7% | - | -30.8% | -9.6% | -84.3% | - | -207.0% | -402.2% |
| EBITDA margin | -21.4% | -22.4% | -70.3% | - | -30.8% | -9.5% | -80.7% | - | - | - |
| Net margin | 47.9% | 321.3% | -686.0% | - | -34.4% | -41.0% | -139.2% | - | -199.5% | 1397.0% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 42.9% | 45.7% | 99.7% | - | 38.1% | 17.3% | 97.7% | - | 216.2% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | 11.5% | 107.0% | -124.9% | - | -6.1% | -28.6% | -42.0% | - | -7.4% | 46.9% |
| Return on equity | -13.1% | -107.1% | 59.7% | - | 22.2% | 118.0% | -2633.8% | - | -12.1% | 91.3% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.20 | 0.20 | 0.15 | 0.39 | 0.54 | 0.62 | 0.82 | 0.15 | 0.88 | 0.40 |
| Quick ratio | 0.15 | 0.14 | 0.13 | 0.33 | 0.26 | 0.42 | 0.45 | 0.15 | 0.68 | 0.22 |
| Cash ratio | 0.00 | 0.02 | 0.01 | 0.02 | 0.02 | 0.06 | 0.02 | 0.07 | 0.18 | 0.03 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -2.2x | -0.8x | -1.7x | - | -2.5x | - | -16.6x | - | -29.5x | - |
| Equity multiplier | -1.14 | -1.00 | -0.48 | -1.39 | -3.66 | -4.12 | 62.67 | -3.09 | 1.64 | 1.95 |
| Liabilities / Assets | 1.88 | 2.00 | 3.09 | 1.72 | 1.27 | 1.24 | 0.98 | 1.32 | 0.39 | 0.49 |
| Efficiency | ||||||||||
| Asset turnover | 0.24 | 0.33 | 0.18 | - | 0.18 | 0.70 | 0.30 | - | 0.04 | 0.03 |
| Inventory turnover | 2.21 | 2.34 | 1.51 | - | 0.51 | 3.37 | 1.03 | - | 0.42 | 0.28 |
| Days sales outstanding | 357d | 218d | 605d | - | 512d | 175d | 333d | - | 233d | 258d |
| Days inventory outstanding | 165d | 156d | 241d | - | 720d | 108d | 356d | - | 870d | 1295d |
| Days payable outstanding | - | - | - | - | - | - | - | - | 270d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | 833d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -36.3% | -66.0% | -55.3% | - | 786.3% | 3025.4% | 715.5% | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 84.3% | 1.0% | -6.7% | - | 608.0% | 960.6% | 765.5% | - | - | - |
| Operating income growth (YoY) | 55.2% | 19.7% | 61.9% | - | -31.9% | 25.7% | -82.3% | - | -3.6% | -598.5% |
| Net income growth (YoY) | - | - | -120.5% | - | -52.8% | - | 28.1% | - | 35.2% | 835.9% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -50.8% | -193.3% | - | -728.6% | - | - | - | -88.7% | - | - |
Peer comparison
Same SIC group: Investors, NEC
Comparing FOMO WORLDWIDE against the 5 most active filers in the same SIC group.