Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue86¢$6.5M
- Other costs14¢$1.0M
Out of $7.5M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenue | $92.1K4 | $657.1K3 | $7.5M3 | |||
| Cost of revenue | $88.4K4 | $539.3K3 | $6.5M3 | |||
| Gross profit | $3.8K4 | $117.8K3 | $1.0M3 | |||
| Research and development | $28.4K5 | |||||
| Operating expenses | $11.3M3 | $2.6M3 | ||||
| Operating income | -$299.0K5 | -$291.6K6 | -$212.7K7 | -$1.6M4 | -$11.2M3 | -$1.6M3 |
| Interest | $1.2M6 | $18.0K7 | $165.8K4 | $816.2K4 | ||
| Income before tax | -$12.6M3 | -$3.7M3 | ||||
| Income tax | $8005 | |||||
| Net income | -$1.3M5 | -$1.9M6 | -$65.2K7 | -$1.6M4 | -$12.6M3 | -$3.7M3 |
| Earnings per share | $0.004 | -$0.003 | -$0.003 | |||
| Shares (weighted, basic) | 15.5B shares3 | 8.3B shares3 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Cash | $49910 | $15 | $12.1K4 | $94.2K4 | ||
| Receivables | $36.8K3 | $1.7M3 | ||||
| Inventory | $8.1K3 | $382.5K3 | ||||
| Current assets | $4995 | $16 | $637 | $33.8K4 | $193.1K3 | $2.2M3 |
| Property, plant and equipment | $80.8K3 | |||||
| Goodwill | $350.1K3 | |||||
| Intangible assets | $514.5K3 | |||||
| Total assets | $127.5K5 | $16 | $189.1K7 | $1.0M4 | $958.5K3 | $3.6M3 |
| Current liabilities | $1.5M5 | $1.8M6 | $1.4M7 | $1.2M4 | $1.3M3 | $5.6M3 |
| Long-term liabilities | $512.2K3 | |||||
| Total liabilities | $1.8M6 | $1.4M7 | $1.2M4 | $1.3M3 | $6.2M3 | |
| Retained earnings | -$20.2M3 | -$24.1M3 | ||||
| Shareholders’ equity | -$1.4M6 | -$1.8M7 | -$1.2M4 | -$164.4K3 | -$310.2K3 | -$2.6M3 |
| Shares outstanding | 47.9M shares5 | 624.0M shares6 | 1.8B shares7 | 4.7B shares7 | 7.2B shares3 | 8.6B shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Corporate structure
FOMO WORLDWIDE, INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of FOMO WORLDWIDE, INC.
- Vikram P. Grover Filed SC 13D/A on FOMO WORLDWIDE, INC., latest Nov 15, 2023 (8 filings since May 20, 2022)
- Peer To Peer Network Filed SC 13D/A on FOMO WORLDWIDE, INC., latest Apr 27, 2023 (3 filings since Apr 3, 2023)
- Charles Attila Szoradi Filed SC 13D on FOMO WORLDWIDE, INC., latest Mar 8, 2022 (3 filings since Oct 4, 2021)
- FOMO WORLDWIDE, INC. Pittsburgh, Pennsylvania
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FOMO WORLDWIDE, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $261.1K3 Dec 31, 2022 | $131.0K5 Dec 31, 2018 | +99.2% |
| Accumulated depreciation | $180.2K3 Dec 31, 2022 | $131.0K5 Dec 31, 2018 | +37.5% |
| Property and equipment, net | $80.8K3 Dec 31, 2022 | $31.7K5 Dec 31, 2017 | +155.2% |
| Operating-lease assets (leased space) | $281.9K3 Dec 31, 2022 |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $350.1K3 Dec 31, 2022 | $596.9K4 Dec 31, 2020 | −41.3% |
| Intangible assets, net (excluding goodwill) | $514.5K3 Dec 31, 2022 | $206.2K4 Dec 31, 2020 | +149.4% |
| Finite-lived intangibles, gross | $569.0K3 Dec 31, 2022 | $50.0K5 Dec 31, 2017 | +1038.0% |
| Accumulated amortization | $54.5K3 Dec 31, 2022 |
Inventory
Leadership
Who has led FOMO WORLDWIDE, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
- Chief executive officerVikram P. Grover May 21, 2019 to Mar 6, 202411
Board members and other officers (1)
- Board memberVikram P. Grover May 21, 2019 to Mar 6, 202411
Former names
Timeline
- Jul 1, 20248-K Bankruptcy or receivership; Change of auditor; Regulation FD disclosure12
- Apr 15, 20248-K Ended a material agreement; Bankruptcy or receivership13
- Apr 2, 20248-K Entered a material agreement14
- Mar 11, 20248-K Ended a material agreement; Completed an acquisition or sale; Regulation FD disclosure15
- Feb 20, 20248-K Ended a material agreement; Completed an acquisition or sale; Regulation FD disclosure16
- Dec 6, 20238-K Other events17
- Dec 6, 20238-K Other events18
- Nov 22, 20238-K Other events19
- Oct 31, 20238-K Regulation FD disclosure20
- Oct 24, 20238-K Other events21
- Oct 19, 20238-K Regulation FD disclosure; Other events22
- Oct 17, 20238-K Regulation FD disclosure; Other events23
- May 21, 2019New chief executive Vikram P. Grover becomes CEO11
Calendar
When it reported results
- Apr 18, 2023Reported quarterly or annual results24
- Mar 31, 2023Reported quarterly or annual results25
- Mar 27, 2023Reported quarterly or annual results26
- Dec 23, 2022Reported quarterly or annual results27
- Aug 30, 2022Reported quarterly or annual results28
- Aug 30, 2022Reported quarterly or annual results29
- Aug 16, 2022Reported quarterly or annual results30
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
401 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 197 major events, 158 insider forms, 14 large holders, 17 other. The latest 20:
- Feb 3, 2025UPLOAD EDGAR
- Dec 2, 2024UPLOAD EDGAR
- Oct 31, 2024UPLOAD EDGAR
- Jul 17, 202410-Q QUARTERLY REPORT FOR THE PERIOD ENDED MARCH 31, 2024 EDGAR
- Jul 16, 202410-K ANNUAL REPORT FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 EDGAR
- Jul 1, 20248-K CURRENT REPORT EDGAR
- Apr 15, 20248-K/A AMENDMENT NO. 4 TO THE CURRENT REPORT EDGAR
- Apr 2, 20248-K EDGAR
- Mar 28, 2024NT 10-K EDGAR
- Mar 11, 20248-K/A EDGAR
- Mar 6, 20244/A EDGAR
- Mar 6, 20244 EDGAR
- Mar 6, 20244 EDGAR
- Mar 6, 20244 EDGAR
- Feb 27, 20244 EDGAR
- Feb 27, 20244 EDGAR
- Feb 27, 20244 EDGAR
- Feb 26, 20244 EDGAR
- Feb 26, 20244 EDGAR
- Feb 26, 20244 EDGAR
The 401 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2,188 open-market trades by officers, directors and large owners since October 2021: 2,173 buys and 15 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 16, 2024 | Grover Vikram PCEO, Director | Buy | 1,041,667 | $0.01 | $10.4K | Form 4 |
| Feb 16, 2024 | Grover Vikram PCEO, Director | Buy | 1,041,667 | $0.01 | $10.4K | Form 4 |
| Feb 16, 2024 | Grover Vikram PCEO, Director | Buy | 1,041,667 | $0.01 | $10.4K | Form 4 |
| Feb 16, 2024 | Grover Vikram PCEO, Director | Buy | 104,166,667 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 25,000 | $0.02 | $500 | Form 4 |
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 25,000 | $0.02 | $500 | Form 4 |
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 25,000 | $0.02 | $500 | Form 4 |
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 | ||
| Aug 24, 2023 | Grover Vikram PCEO, Director | Buy | 2,500,000 | Form 4 |
All 2,188 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Vikram P. GroverSC 13D/A, 8 filings May 20, 2022 to Nov 15, 202331
- Peer To Peer NetworkSC 13D/A, 3 filings Apr 3, 2023 to Apr 27, 202332
- Charles Attila SzoradiSC 13D, 3 filings Oct 4, 2021 to Mar 8, 202233
SEC filer profile
How FOMO WORLDWIDE, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFOMO WORLDWIDE, INC.1
- CIK0000867028
- Employer ID (EIN)83-38891011
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inWyoming1
- Fiscal year endsDecember 311
- Industry code (SIC)6799 Investors, NEC1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address625 Stanwix St. #2504, Pittsburgh, PA 152221
- Phone(212) 731-48061
- Shares outstanding112,745,800 as of Jul 17, 202434
- Public float$338.2K as of Dec 31, 202335
- On EDGAR sinceMay 29, 19961
- Filings756 in all: 8-K (325), 4 (157), 8-K/A (87), 10-Q (34), NT 10-Q (19), SC 13D/A (16), 10-Q/A (15), 10-K (12)1
All 37 form types
SC 13D (12), UPLOAD (11), NT 10-K (7), 10QSB (6), 10-K/A (5), DEF 14C (5), PRE 14C (5), 4/A (4), CORRESP (4), S-3/A (4), SC 13G (4), 3 (3), 15-12G (2), EFFECT (2), POS AM (2), S-1/A (2), 10-12G (1), 10-12G/A (1), 10KSB (1), 10KSB40 (1), 10SB12G (1), 10SB12G/A (1), DEF 14A (1), DEFR14C (1), DEFS14A (1), S-1 (1), S-3 (1), S-8 (1), SC 13G/A (1)
- Latest filingsAnnual report (10-K) Jul 16, 2024
Quarterly report (10-Q) Jul 17, 2024
Proxy statement (DEF 14A) May 8, 1997
Latest 8-K (8-K) Jul 1, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14SEC EDGAREntered a material agreement
- 15
- 16
- 17SEC EDGAROther events
- 18SEC EDGAROther events
- 19SEC EDGAROther events
- 20SEC EDGARRegulation FD disclosure
- 21SEC EDGAROther events
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35