Earnings Data
Report Date
Mar 04, 2027After Close (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
―Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Q2 2024
Earnings Call Date:Mar 01, 2024|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call reflected a positive outlook for Fobi AI, with significant revenue growth and operational efficiency gains. The company overcame financial and operational challenges, including a successful capital raise and selection in a prestigious accelerator program, positioning it well for future opportunities. However, the company faced some operational hurdles, including audit and reporting challenges, and a temporary stock halt.Company Guidance
Significant Revenue Growth
Quarter-on-quarter revenue increased by 56%, from $500,000 to $780,000. Year-to-date revenue for the 6-month period increased by 46%, totaling a $480,000 increase.
Reduction in Operational Expenditures
Operational expenditures decreased by 45% quarter-on-quarter, with consulting fees down by 25%, wages reduced by 19%, and technology costs lowered by 28%.
Improved Cash Flow and Financial Position
Cash consumed in operations declined by 27% year-to-date, representing an $803,000 reduction. Successful completion of a capital raise has strengthened the balance sheet.
Involvement in Comcast Sports Accelerator Program
Fobi AI was selected to participate in the Comcast Sports Accelerator Program, adding considerable value and momentum to their sports and entertainment initiatives.
FOBIF Earnings History
Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release | Slides | Play Transcript |
|---|---|---|---|---|---|---|---|
Mar 04, 2027 | 2027 (Q2) | 0.001 | ― | ― | |||
Jul 10, 2026 | 2026 (Q3) | -0.001 | ― | ― | |||
Jul 10, 2026 | 2026 (Q3) | -0.001 | -50.00% (>-0.01) | ― | |||
Mar 30, 2026 | 2025 (Q4) | -0.003 | ― | ― | |||
Mar 30, 2026 | 2026 (Q1) | -0.003 | ― | ― | |||
Feb 26, 2026 | 2026 (Q2) | -0.003 | ― | ― | |||
Oct 01, 2025 | 2025 (Q2) | -0.006 | ― | ― | |||
Oct 01, 2025 | 2025 (Q1) | -0.006 | ― | ― | |||
Oct 01, 2025 | 2024 (Q4) | -0.006 | 50.00% (<+0.01) | ― | |||
Oct 01, 2025 | 2025 (Q3) | -0.006 | ― | ― |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FOBIF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 10, 2026 | $0.09 | $0.09 | 0.00% |
Jul 10, 2026 | $0.09 | $0.09 | 0.00% |
Mar 30, 2026 | $0.04 | $0.04 | 0.00% |
Mar 30, 2026 | $0.04 | $0.04 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Fobi AI (FOBIF) report earnings?
Fobi AI (FOBIF) is schdueled to report earning on Mar 04, 2027, After Close (Confirmed).
What is Fobi AI (FOBIF) earnings time?
Fobi AI (FOBIF) earnings time is at Mar 04, 2027, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FOBIF EPS forecast?
Currently, no data Available