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Fomo Worldwide (Fomo Worldwide) Gross-Profit-to-Asset % : 19.68% (As of Sep. 2023)


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What is Fomo Worldwide Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Fomo Worldwide's annualized Gross Profit for the quarter that ended in Sep. 2023 was $0.52 Mil. Fomo Worldwide's average Total Assets over the quarter that ended in Sep. 2023 was $2.62 Mil. Therefore, Fomo Worldwide's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 19.68%.


Fomo Worldwide Gross-Profit-to-Asset % Historical Data

The historical data trend for Fomo Worldwide's Gross-Profit-to-Asset % 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.

* Premium members only.

Fomo Worldwide Gross-Profit-to-Asset % Chart

Fomo Worldwide Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.67 12.02 46.14

Fomo Worldwide Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.09 61.00 18.74 29.01 19.68

Competitive Comparison of Fomo Worldwide's Gross-Profit-to-Asset %

For the Asset Management subindustry, Fomo Worldwide's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fomo Worldwide's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Fomo Worldwide's Gross-Profit-to-Asset % falls into.



Fomo Worldwide Gross-Profit-to-Asset % Calculation

Fomo Worldwide's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=1.048/( (0.959+3.584)/ 2 )
=1.048/2.2715
=46.14 %

Fomo Worldwide's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.516/( (2.701+2.542)/ 2 )
=0.516/2.6215
=19.68 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Fomo Worldwide Gross-Profit-to-Asset % Related Terms

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Fomo Worldwide (Fomo Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
831 W North Avenue, Pittsburgh, PA, USA, 15233
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