Fomo Worldwide (Fomo Worldwide) Pre-Tax Income : $-1.07 Mil (TTM As of Sep. 2023)

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What is Fomo Worldwide Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Fomo Worldwide's pretax income for the three months ended in Sep. 2023 was $0.29 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.07 Mil. Fomo Worldwide's pretax margin was 47.78%.

During the past 13 years, Fomo Worldwide's highest Pretax Margin was -20.78%. The lowest was -1915.22%. And the median was -1779.35%.

Fomo Worldwide Pre-Tax Income Historical Data

The historical data trend for Fomo Worldwide's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fomo Worldwide Pre-Tax Income Chart

Fomo Worldwide Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Pre-Tax Income

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-1.90

-0.07

-1.64

-12.58

-3.68

Fomo Worldwide Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Pre-Tax Income	Get a 7-Day Free Trial															-0.33	-0.46	-3.79	2.89	0.29

Competitive Comparison of Fomo Worldwide's Pre-Tax Income

For the Asset Management subindustry, Fomo Worldwide's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fomo Worldwide's Pre-Tax Income Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fomo Worldwide's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Fomo Worldwide's Pre-Tax Income falls into.

Fomo Worldwide Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Fomo Worldwide's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-1.598	+	-1.007	+	-1.076	+	0	+	0
	=	-3.68

Fomo Worldwide's Pretax Income for the quarter that ended in Sep. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.132	+	0.484	+	-0.061	+	0	+	0
	=	0.29

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.07 Mil.

Fomo Worldwide (OTCPK:IGOT) Pre-Tax Income Explanation

Fomo Worldwide's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	0.291	/	0.609
	=	47.78%

During the past 13 years, Fomo Worldwide's highest Pretax Margin was -20.78%. The lowest was -1915.22%. And the median was -1779.35%.

Fomo Worldwide Pre-Tax Income Related Terms

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Fomo Worldwide (Fomo Worldwide) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fomo Worldwide Inc (OTCPK:IGOT) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

831 W North Avenue, Pittsburgh, PA, USA, 15233

Website

https://www.fomoworldwide.com

Fomo Worldwide Inc is focused on business incubation and acceleration. It invests in and advises emerging companies. The company is developing direct investment and affiliations, the majority- and minority-owned, as well as in joint venture formats that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.

Executives

Charles Attila Szoradi	10 percent owner, other: Advisory Board Member	555 SOUTH GODDARD BLVD APT. 332, KING OF PRUSSIA PA 19406
Vikram P Grover	director, officer: CEO	1340 BROOK ST. UNIT M, ST CHARLES IL 60174