Fobi Ai Stock Net Income

FOBI Stock   0.04  0.00  0.00%   
Fobi AI fundamentals help investors to digest information that contributes to Fobi AI's financial success or failures. It also enables traders to predict the movement of Fobi Stock. The fundamental analysis module provides a way to measure Fobi AI's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fobi AI stock.
Last ReportedProjected for Next Year
Net Loss-11.5 M-12.1 M
Net Loss-17.4 M-18.3 M
Net Loss-11.4 M-11.9 M
Net Loss(0.02)(0.02)
Net Loss(1.05)(1.00)
Net Loss is likely to drop to about (12.1 M) in 2024. Net Loss is likely to drop to about (18.3 M) in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Fobi AI Company Net Income Analysis

Fobi AI's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Fobi AI Net Income

    
  (12.64 M)  
Most of Fobi AI's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fobi AI is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Fobi Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Fobi AI is extremely important. It helps to project a fair market value of Fobi Stock properly, considering its historical fundamentals such as Net Income. Since Fobi AI's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fobi AI's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fobi AI's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Fobi Operating Income

Operating Income

(12.21 Million)

Fobi AI reported Operating Income of (11.63 Million) in 2023
Based on the recorded statements, Fobi AI reported net income of (12.64 Million). This is 102.35% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The net income for all Canada stocks is 102.21% higher than that of the company.

Fobi Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fobi AI's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fobi AI could also be used in its relative valuation, which is a method of valuing Fobi AI by comparing valuation metrics of similar companies.
Fobi AI is currently under evaluation in net income category among its peers.

Fobi Fundamentals

About Fobi AI Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fobi AI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fobi AI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fobi AI based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Fobi Stock Analysis

When running Fobi AI's price analysis, check to measure Fobi AI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fobi AI is operating at the current time. Most of Fobi AI's value examination focuses on studying past and present price action to predict the probability of Fobi AI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fobi AI's price. Additionally, you may evaluate how the addition of Fobi AI to your portfolios can decrease your overall portfolio volatility.