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Fomo Worldwide Inc   (FOMC)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
 
Price: $0.0001 $0.00 -50.000%
Day's High: $0.0002 Week Perf: 0.00
Day's Low: $ 0.00 30 Day Perf: 0.00
Volume (M): 88,378 52 Wk High: $ 0.00
Volume (M$): $ 9 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) 1
 Shares Outstanding (Millions) 9,508
 Employees -
 Revenues (TTM) (Millions $) 5
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Fomo Worldwide Inc
Fomo Worldwide Inc is a global event management company that specializes in organizing large-scale music, arts, and cultural festivals across the world. They aim to create unique and immersive experiences for attendees by curating a diverse lineup of performers, artists, and vendors. Fomo Worldwide Inc prioritizes innovative event design, cutting-edge technology, and sustainable practices to provide a memorable and environmentally conscious event. They work closely with local communities and stakeholders to ensure a positive impact on the host cities and promote cultural exchange.


   Company Address: 831 W North Ave Pittsburgh 15233 PA
   Company Phone Number: 708-0750   Stock Exchange / Ticker: FOMC
   FOMC is expected to report next financial results on March 23, 2024.


   

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Fomo Worldwide Inc

Fomo Worldwide Inc Experiences Sharp Decline in Revenue in Q3 2023



Fomo Worldwide Inc, a leading Investment Services company, has witnessed a decline in its shares over the past five trading days, resulting in a year-to-date performance of -75%. With the company's shares reaching a 52-week low, it is crucial to examine the financial results and understand how they might impact Fomo Worldwide in the future.
Weak Financial Performance:
For the financial interval ending September 30, 2023, Fomo Worldwide Inc reported balanced books at $0.00 per share, which remained consistent with the previous year. However, compared to the preceding reporting period, there was no notable improvement.
The company experienced a considerable decline in revenue, as it dropped by -36.298% to $0.61 million from $0.96 million in the same reporting period a year ago. Sequentially, the revenue tumbled even further by -32.324% from $0.90 million.

Fomo Worldwide Inc

Fomo Worldwide Inc. Records $0.899327 Million in Revenue for Fiscal Second Quarter of 2023, Shows Positive Progress in Earnings per Share

As an analyst covering the financial markets for the Wall Street Journal, I have been closely monitoring the recent financial results of Fomo Worldwide Inc. The company's fiscal second quarter of 2023 has been a mixed bag in terms of performance, with some notable improvements but also areas of concern.
Firstly, Fomo Worldwide Inc. has managed to reach a break-even point in terms of earnings per share, which is a positive development compared to the same period last year. This indicates that the company has made strides in improving its financial position and managing costs effectively.






 

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