Fomo Worldwide Past Earnings Performance
Past criteria checks 2/6
Fomo Worldwide's earnings have been declining at an average annual rate of -23.4%, while the Commercial Services industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 62.1% per year.
Key information
-23.4%
Earnings growth rate
18.3%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | 62.1% |
| Return on equity | n/a |
| Net Margin | 80.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Fomo Worldwide makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 2 | 2 | 1 | 0 |
| 31 Dec 23 | 2 | -2 | 1 | 0 |
| 30 Sep 23 | 5 | -1 | 2 | 0 |
| 30 Jun 23 | 5 | -2 | 2 | 0 |
| 31 Mar 23 | 7 | -6 | 2 | 0 |
| 31 Dec 22 | 8 | -4 | 3 | 0 |
| 30 Sep 22 | 5 | -15 | 7 | 0 |
| 30 Jun 22 | 4 | -14 | 6 | 0 |
| 31 Mar 22 | 1 | -12 | 7 | 0 |
| 31 Dec 21 | 1 | -13 | 6 | 0 |
| 30 Sep 21 | 0 | -3 | 3 | 0 |
| 30 Jun 21 | 0 | -3 | 3 | 0 |
| 31 Mar 21 | 0 | -4 | 2 | 0 |
| 31 Dec 20 | 0 | -2 | 2 | 0 |
| 30 Sep 20 | 0 | 0 | 0 | 0 |
| 30 Jun 20 | 0 | 0 | 0 | 0 |
| 31 Mar 20 | 0 | 1 | 0 | 0 |
| 31 Dec 19 | 0 | 0 | 0 | 0 |
| 30 Sep 19 | 0 | 0 | 0 | 0 |
| 30 Jun 19 | 0 | 0 | 0 | 0 |
| 31 Mar 19 | 0 | -1 | 0 | 0 |
| 31 Dec 18 | 0 | -2 | 0 | 0 |
| 30 Sep 18 | 0 | -2 | 0 | 0 |
| 30 Jun 18 | 0 | -2 | 0 | 0 |
| 31 Mar 18 | 0 | -3 | 0 | 0 |
| 31 Dec 17 | 0 | -1 | 0 | 0 |
| 30 Sep 17 | 0 | -1 | 1 | 0 |
| 30 Jun 17 | 0 | -1 | 1 | 0 |
| 31 Mar 17 | 0 | -1 | 1 | 0 |
| 31 Dec 16 | 0 | -1 | 1 | 0 |
| 30 Sep 16 | 0 | -1 | 1 | 0 |
| 30 Jun 16 | 0 | -1 | 1 | 0 |
| 31 Mar 16 | 0 | -1 | 1 | 0 |
| 31 Dec 15 | 0 | -1 | 1 | 0 |
| 30 Sep 15 | 0 | -1 | 1 | 0 |
| 30 Jun 15 | 0 | -1 | 1 | 0 |
| 31 Mar 15 | 0 | -1 | 1 | 0 |
| 31 Dec 14 | 0 | -1 | 1 | 0 |
| 30 Sep 14 | 0 | -1 | 1 | 0 |
| 30 Jun 14 | 0 | 0 | 0 | 0 |
| 31 Mar 14 | 0 | 0 | 0 | 0 |
Quality Earnings: IGOT has a large one-off loss of $511.5K impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: IGOT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IGOT has become profitable over the past 5 years, growing earnings by -23.4% per year.
Accelerating Growth: IGOT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IGOT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (14.8%).
Return on Equity
High ROE: IGOT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.