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Fomo Worldwide (Fomo Worldwide) Enterprise Value : $3.35 Mil (As of Jun. 06, 2024)


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What is Fomo Worldwide Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fomo Worldwide's Enterprise Value is $3.35 Mil. Fomo Worldwide's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.30 Mil. Therefore, Fomo Worldwide's EV-to-EBIT ratio for today is -11.26.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Fomo Worldwide's Enterprise Value is $3.35 Mil. Fomo Worldwide's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.12 Mil. Therefore, Fomo Worldwide's EV-to-EBITDA ratio for today is -28.35.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Fomo Worldwide's Enterprise Value is $3.35 Mil. Fomo Worldwide's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $5.14 Mil. Therefore, Fomo Worldwide's EV-to-Revenue ratio for today is 0.65.


Fomo Worldwide Enterprise Value Historical Data

The historical data trend for Fomo Worldwide's Enterprise Value 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 Enterprise Value Chart

Fomo Worldwide Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.80 5.41 5.04 6.12

Fomo Worldwide Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Enterprise Value 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 6.55 6.12 6.54 5.69 3.55

Competitive Comparison of Fomo Worldwide's Enterprise Value

For the Asset Management subindustry, Fomo Worldwide's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fomo Worldwide's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Fomo Worldwide's Enterprise Value falls into.



Fomo Worldwide Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

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

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

* 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.


Fomo Worldwide  (OTCPK:IGOT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Fomo Worldwide's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.345/-0.297
=-11.26

Fomo Worldwide's current Enterprise Value is $3.35 Mil.
Fomo Worldwide's EBIT 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 $-0.30 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Fomo Worldwide's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3.345/-0.118
=-28.35

Fomo Worldwide's current Enterprise Value is $3.35 Mil.
Fomo Worldwide's EBITDA 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 $-0.12 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Fomo Worldwide's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3.345/5.139
=0.65

Fomo Worldwide's current Enterprise Value is $3.35 Mil.
Fomo Worldwide's Revenue 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 $5.14 Mil.

* 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.


Fomo Worldwide Enterprise Value 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