Fomo Worldwide, Inc. (IGOT)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Fomo Worldwide, Inc. (IGOT) with AI Score 39/100 (Weak). Fomo Worldwide, Inc. operates within the financial services sector, focusing on asset management. Market cap: 0, Sector: Financial services.
Last analyzed: Mar 17, 2026Fomo Worldwide, Inc. (IGOT) Financial Services Profile
Fomo Worldwide, Inc., operating in the financial services sector, specializes in asset management through disinfection products, services, and sustainability solutions. Formerly FOMO Corp, the company targets diverse sectors, including hospitality and government, with its UVC and filtration technologies, alongside PPE and energy efficiency consulting.
Investment Thesis
Fomo Worldwide, Inc. presents a speculative investment opportunity within the financial services sector, specifically asset management, due to its diversification into disinfection products and sustainability solutions. The company's negative P/E ratio of -0.01 and a negative profit margin of -63.4% indicate financial challenges. However, the gross margin of 23.2% suggests potential in its core operations. Growth catalysts include the increasing demand for disinfection products and services, driven by health and safety concerns. The company's expansion into energy efficiency consulting and sustainability solutions also aligns with growing environmental awareness. Key risks include the company's high beta of -42957.20, indicating extreme volatility, and its reliance on the OTC market. Success hinges on effective execution of its diversification strategy and achieving profitability.
Based on FMP financials and quantitative analysis
Key Highlights
- Market Cap of $0.00B reflects the company's small size and potential volatility.
- P/E Ratio of -0.01 indicates the company is currently not profitable.
- Profit Margin of -63.4% highlights significant challenges in achieving profitability.
- Gross Margin of 23.2% suggests potential in core operations despite overall losses.
- Beta of -42957.20 indicates extreme volatility and high sensitivity to market movements.
Competitors & Peers
Strengths
- Diversified product and service offerings.
- Focus on both disinfection and sustainability.
- Established presence in the disinfection market.
- Factory supply-side logistics for PPE.
Weaknesses
- Negative P/E ratio and profit margin.
- High beta indicating extreme volatility.
- Reliance on the OTC market.
- Small market capitalization.
Catalysts
- Ongoing: Increasing demand for disinfection products and services due to health concerns.
- Ongoing: Expansion into energy efficiency consulting and sustainability solutions.
- Upcoming: Potential strategic partnerships or acquisitions to enhance product offerings.
- Upcoming: Development and launch of new sustainable solutions.
- Ongoing: Government incentives and regulations promoting disinfection and sustainability.
Risks
- Potential: Intense competition in the disinfection and sustainability markets.
- Potential: Economic downturn affecting demand for disinfection and consulting services.
- Potential: Regulatory changes impacting the disinfection and PPE industries.
- Potential: Fluctuations in raw material costs.
- Ongoing: High beta indicating extreme volatility.
Growth Opportunities
- Expansion of Disinfection Product Line: Fomo Worldwide can capitalize on the increased demand for disinfection products and services by expanding its product line to include innovative and specialized solutions. The global disinfection market is projected to reach $15.2 billion by 2027, presenting a significant opportunity for revenue growth. Timeline: Within the next 2-3 years, focusing on UVC and HEPA technologies.
- Penetration of New Geographic Markets: The company can explore opportunities to expand its geographic reach beyond its current market. Emerging markets in Asia-Pacific and Latin America offer significant growth potential due to increasing awareness of health and hygiene. Market size: These regions are expected to contribute significantly to the global disinfection market growth over the next 5 years. Timeline: Expansion can begin within the next year.
- Strategic Partnerships and Acquisitions: Fomo Worldwide can pursue strategic partnerships or acquisitions to enhance its product offerings and market reach. Collaborating with established players in the disinfection and sustainability sectors can provide access to new technologies and distribution channels. Timeline: Actively seek partnerships within the next 12-18 months.
- Development of Sustainable Solutions: The company can focus on developing and marketing sustainable solutions that align with growing environmental concerns. This includes energy-efficient disinfection technologies and eco-friendly cleaning products. The global market for sustainable products is expected to reach $150 billion by 2025. Timeline: Launch new sustainable products within the next 2 years.
- Leveraging Government Incentives and Regulations: Fomo Worldwide can capitalize on government incentives and regulations promoting disinfection and sustainability. Many governments are offering tax breaks and subsidies for companies that adopt environmentally friendly practices. Timeline: Immediately leverage available incentives and align with regulatory changes.
Opportunities
- Expansion of disinfection product line.
- Penetration of new geographic markets.
- Strategic partnerships and acquisitions.
- Development of sustainable solutions.
Threats
- Intense competition in the disinfection and sustainability markets.
- Economic downturn affecting demand for disinfection and consulting services.
- Regulatory changes impacting the disinfection and PPE industries.
- Fluctuations in raw material costs.
Competitive Advantages
- Diversified product and service offerings.
- Focus on both disinfection and sustainability solutions.
- Established presence in the disinfection market.
- Factory supply-side logistics for PPE.
About IGOT
Fomo Worldwide, Inc., originally incorporated in 1990 as FOMO Corp and later rebranded, is based in Pittsburgh, Pennsylvania. The company operates within the financial services sector, specifically in asset management, and has diversified into marketing and selling disinfection products and services. These offerings cater to a broad range of clients, including individuals, hotels, hospitals, cruise ships, offices, and government facilities. Fomo Worldwide provides hybrid disinfection devices incorporating UVC and photo plasma technologies, along with ultraviolet-C in-duct and portable devices, carbon filtration, and HEPA filtration systems. In addition to disinfection solutions, the company offers bio-polar ionization disinfection services targeting viruses and volatile organic compounds. Furthermore, Fomo Worldwide extends its services to include the provision of personal protective equipment (PPE), such as masks and gloves, supported by factory supply-side logistics. The company also provides energy efficiency consulting and sustainability solutions, demonstrating a commitment to environmental responsibility alongside its disinfection-related activities. This multifaceted approach positions Fomo Worldwide as a provider of comprehensive solutions aimed at enhancing health, safety, and sustainability across various sectors.
What They Do
- Markets and sells disinfection products to various sectors.
- Provides disinfection services to individuals and organizations.
- Offers hybrid disinfection devices with UVC and photo plasma technologies.
- Supplies ultraviolet-C in-duct and portable devices.
- Provides carbon filtration and HEPA filtration devices.
- Offers bio-polar ionization disinfection services.
- Supplies personal protective equipment (PPE).
- Provides energy efficiency consulting and sustainability solutions.
Business Model
- Direct sales of disinfection products and devices.
- Service contracts for disinfection and maintenance.
- Consulting fees for energy efficiency and sustainability solutions.
- Supply of PPE through factory logistics.
Industry Context
Fomo Worldwide, Inc. operates within the financial services sector, specifically asset management, while also participating in the disinfection products and services market. The global asset management industry is characterized by increasing demand for sustainable and responsible investment options. The disinfection market has seen significant growth due to heightened health and safety concerns. Fomo Worldwide's diversification into these areas positions it to capitalize on these trends, but it faces competition from established players in both sectors. Competitors include companies like BWMY, CHAM, GVFG, ICNM, and JAGR, which may have greater resources and market share.
Key Customers
- Individuals seeking disinfection solutions.
- Hotels and hospitality businesses.
- Hospitals and healthcare facilities.
- Offices and commercial buildings.
- Government facilities.
Financials
Chart & Info
Fomo Worldwide, Inc. (IGOT) stock price: Price data unavailable
Latest News
No recent news available for IGOT.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for IGOT.
Price Targets
Wall Street price target analysis for IGOT.
MoonshotScore
What does this score mean?
The MoonshotScore rates IGOT's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Vikram Paul Grover
CEO
Vikram Paul Grover is the CEO of Fomo Worldwide, Inc. Information regarding his detailed career history, education, and previous roles is not available in the provided data. Further research would be required to provide a comprehensive background.
Track Record: Due to the limited information available, it is not possible to assess Vikram Paul Grover's track record, key achievements, strategic decisions, or company milestones under his leadership. Further research is needed to evaluate his performance as CEO.
IGOT OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Fomo Worldwide, Inc. may not meet the minimum financial standards required for higher tiers like OTCQB or OTCQX. Companies in this tier often have limited financial disclosure and may be subject to greater regulatory scrutiny. Unlike NYSE or NASDAQ listings, OTC Other stocks do not have stringent listing requirements, resulting in increased risk for investors due to potential lack of transparency and liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases information asymmetry.
- Low trading volume and liquidity can lead to price volatility.
- Higher potential for fraud and manipulation compared to listed exchanges.
- OTC Other stocks are subject to less regulatory oversight.
- Company may not meet minimum financial standards for higher-tier OTC markets.
- Verify the company's financial statements and SEC filings (if any).
- Research the background and experience of the company's management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's capital structure and debt levels.
- Review any legal or regulatory issues involving the company.
- Check for any red flags or warning signs in the company's history.
- Consult with a financial advisor before investing.
- The company has been incorporated since 1990.
- The company has a physical headquarters in Pittsburgh, Pennsylvania.
- The company has a diversified product and service offering.
- The company is actively marketing and selling its products and services.
What Investors Ask About Fomo Worldwide, Inc. (IGOT)
What does Fomo Worldwide, Inc. do?
Fomo Worldwide, Inc. operates as an asset management company that markets and sells disinfection products and services to a diverse range of clients, including individuals, hotels, hospitals, offices, and government facilities. The company provides hybrid disinfection devices, UVC and photo plasma devices, carbon filtration, and HEPA filtration devices. Additionally, Fomo Worldwide offers bio-polar ionization disinfection services, personal protective equipment, and energy efficiency consulting, positioning itself as a comprehensive provider of health, safety, and sustainability solutions.
What do analysts say about IGOT stock?
There is no available analyst coverage or consensus for Fomo Worldwide, Inc. (IGOT) due to its small market capitalization and OTC listing. Key valuation metrics such as price targets and ratings are not available. Investors should conduct their own due diligence and consider the company's financial performance, growth potential, and risk factors before making any investment decisions. The lack of analyst coverage increases the risk associated with investing in IGOT.
What are the main risks for IGOT?
The main risks for Fomo Worldwide, Inc. include intense competition in the disinfection and sustainability markets, potential economic downturn affecting demand for its products and services, and regulatory changes impacting the disinfection and PPE industries. The company's high beta indicates extreme volatility, and its reliance on the OTC market presents additional risks related to liquidity and transparency. Investors should carefully consider these factors before investing in IGOT.
What are the key factors to evaluate for IGOT?
Fomo Worldwide, Inc. (IGOT) currently holds an AI score of 39/100, indicating low score. Key strength: Diversified product and service offerings.. Primary risk to monitor: Potential: Intense competition in the disinfection and sustainability markets.. This is not financial advice.
How frequently does IGOT data refresh on this page?
IGOT prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven IGOT's recent stock price performance?
Recent price movement in Fomo Worldwide, Inc. (IGOT) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Diversified product and service offerings.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider IGOT overvalued or undervalued right now?
Determining whether Fomo Worldwide, Inc. (IGOT) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying IGOT?
Before investing in Fomo Worldwide, Inc. (IGOT), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited financial data available for comprehensive analysis.
- OTC market investments carry higher risk.