Fobi Ai (TSXV:FOBI) ROC % : -150.42% (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Fobi Ai ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Fobi Ai's annualized return on capital (ROC %) for the quarter that ended in Mar. 2024 was -150.42%.

As of today (2025-04-09), Fobi Ai's WACC % is 0.00%. Fobi Ai's ROC % is 0.00% (calculated using TTM income statement data). Fobi Ai earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Fobi Ai ROC % Historical Data

The historical data trend for Fobi Ai's ROC % 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.

Fobi Ai ROC % Chart

Fobi Ai Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Jun19

Jun20

Jun21

Jun22

Jun23

ROC %

Get a 7-Day Free Trial

-3,721.11

-1,405.68

-535.71

-390.55

-236.89

Fobi Ai Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROC %	Get a 7-Day Free Trial															-310.68	-253.07	-194.70	-124.73	-150.42

Fobi Ai ROC % Calculation

Fobi Ai's annualized Return on Capital (ROC %) for the fiscal year that ended in Jun. 2023 is calculated as:

	ROC % (A: Jun. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Jun. 2022 )	+	Invested Capital (A: Jun. 2023 ))	/ count )
=	-12.925 * ( 1 - 0.55% )	/	( (5.871	+	4.981)	/ 2 )
=	-12.8539125	/	5.426
=	-236.89 %

where

	Invested Capital		(A: Jun. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	8.541	-	1.802	-	( 1.062	-	max(0, 2.045	-	2.913	+	1.062	))
=	5.871

	Invested Capital		(A: Jun. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	4.982	-	1.408	-	( 0.184	-	max(0, 1.928	-	0.521	+	0.184	))
=	4.981

Fobi Ai's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-5.792 * ( 1 - 0% )	/	( (3.894	+	3.807)	/ 2 )
=	-5.792	/	3.8505
=	-150.42 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	4.561	-	2.231	-	( 0.109	-	max(0, 2.602	-	1.038	+	0.109	))
=	3.894

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	5.232	-	1.432	-	( 1.082	-	max(0, 1.713	-	1.706	+	1.082	))
=	3.807

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

Fobi Ai (TSXV:FOBI) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Fobi Ai's WACC % is 0.00%. Fobi Ai's ROC % is 0.00% (calculated using TTM income statement data). Fobi Ai earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Fobi Ai ROC % Related Terms

Thank you for viewing the detailed overview of Fobi Ai's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fobi Ai Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fobi Ai Inc (TSXV:FOBI) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

FOBIF:USA

Address

560 Beatty Street, Unit 200, Vancouver, BC, CAN, V6B 2L3

Website

https://www.fobi.ai

Fobi Ai Inc is a cutting-edge data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. The Company operates in one operating segment, being the technology segment wherein it earns revenues from directly selling software as a service, reselling, referring and licensing its technology to licensors. Its IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating scalable solutions for clients across the world. The company operates globally in the retail, telecom, sports and entertainment, casino gaming, and hospitality and tourism industries. It operates in North America and Europe.

Executives

Robert Anson	Senior Officer
Colby Lee Mckenzie	Senior Officer

Fobi Ai Headlines

No Headlines