FOMO WORLDWIDE, INC.
Financials · Investors, NEC · WY · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $657,136 | $92,114 | — | — | — | — |
| Operating income | −$11.2M | −$1.6M | −$291,641 | −$298,974 | −$775,656 | −$720,086 |
| Net income | −$12.6M | −$1.6M | −$1.9M | −$1.3M | −$1.0M | −$728,924 |
| Total assets | $958,546 | $1.0M | $1 | $127,530 | $229,571 | $294,171 |
| Total liabilities | $1.3M | $1.2M | — | — | — | — |
| Equity | −$310,227 | −$164,439 | −$1.8M | −$1.4M | −$382,189 | $218,198 |
| EPS (diluted) | $0.00 | $0.00 | — | — | — | — |
| Shares out. | 7.18B | 4.71B | 624.0M | 82.8M | 33.7M | 33.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −1707.9%
- Net margin
- −1914.7%
- Return on equity
- 4055.9%
- Return on assets
- −1312.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 132.4%
- Debt / equity
- —
- Book value / share
- $-0.00
- Revenue growth (YoY)
- 613.4%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2021- Altman Z″ (distress)
- -155.15distress
- Accruals / assets
- −1220.3%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 4 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 28, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 11, 2023
- NT 10-Qmissed a reporting deadline ↗May 16, 2023
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2022
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Grover Vikram POfficer — CEO, Director | Aug 2, 2023 | Buy | 25,000 | $0.02 |
| Grover Vikram POfficer — CEO, Director | May 2, 2023 | Buy | 333,333 | $0.03 |
| Grover Vikram POfficer — CEO, Director | Aug 2, 2023 | Buy | 25,000 | $0.02 |
| Grover Vikram POfficer — CEO, Director | May 2, 2023 | Buy | 333,333 | $0.03 |
| Grover Vikram POfficer — CEO, Director | Aug 2, 2023 | Buy | 25,000 | $0.02 |
| Grover Vikram POfficer — CEO, Director | May 2, 2023 | Buy | 333,333 | $0.03 |
| Grover Vikram POfficer — CEO, Director | Aug 2, 2023 | Buy | 2.5M | $0.00 |
| Grover Vikram POfficer — CEO, Director | May 2, 2023 | Buy | 33.3M | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Changed auditor · Regulation FD disclosure · Other material eventJul 1, 2024
- Entered a material agreementApr 2, 2024
- Regulation FD disclosureOct 31, 2023
- Regulation FD disclosureOct 6, 2023
- Other material eventOct 4, 2023
- Other material eventOct 2, 2023
- Other material eventAug 28, 2023
- Other material eventAug 3, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- UPLOADFeb 3, 2025
- UPLOADDec 2, 2024
- UPLOADOct 31, 2024
- 10-QQUARTERLY REPORT FOR THE PERIOD ENDED MARCH 31, 2024Jul 17, 2024
- 10-KANNUAL REPORT FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023Jul 16, 2024
- 8-KCURRENT REPORTJul 1, 2024
- 8-K/AAMENDMENT NO. 4 TO THE CURRENT REPORTApr 15, 2024
- 8-KApr 2, 2024
- NT 10-KMar 28, 2024
- 8-K/AMar 11, 2024
- 4/AMar 6, 2024
- 4Mar 6, 2024
- 4Mar 6, 2024
- 4Mar 6, 2024
- 4Feb 27, 2024