Fobi AI Inc (FOBI) - Cash Flow Conversion Efficiency

Latest as of March 2024: -0.676x

Based on the latest financial reports, Fobi AI Inc (FOBI) has a cash flow conversion efficiency ratio of -0.676x as of March 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-1.76 Million ≈ $-1.28 Million USD) by net assets (CA$2.61 Million ≈ $1.89 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Fobi AI Inc - Cash Flow Conversion Efficiency Trend (2018–2023)

This chart illustrates how Fobi AI Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read FOBI total debt and obligations for a breakdown of total debt and financial obligations.

Fobi AI Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Fobi AI Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Intelligent Bio Solutions Inc. NASDAQ:INBS	-0.831x
E79 Gold Mines Ltd AU:E79	-0.156x
Spineway PA:ALSPW	0.023x
Effnetplattformen Holding AB ST:EFFH	-0.009x
FRESH FACTORY B.C. F:Q4Z	N/A
Xylo Technologies Ltd. NASDAQ:XYLO	-0.007x
The Calmer Co International Ltd AU:CCO	-6.608x
NGS Group AB (publ) ST:NGS	0.030x

Annual Cash Flow Conversion Efficiency for Fobi AI Inc (2018–2023)

The table below shows the annual cash flow conversion efficiency of Fobi AI Inc from 2018 to 2023. For the full company profile with market capitalisation and key ratios, see FOBI market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-06-30	CA$2.57 Million ≈ $1.86 Million	CA$-4.98 Million ≈ $-3.60 Million	-1.940x	-38.14%
2022-06-30	CA$6.33 Million ≈ $4.58 Million	CA$-8.89 Million ≈ $-6.43 Million	-1.404x	-135.07%
2021-06-30	CA$10.70 Million ≈ $7.74 Million	CA$-6.39 Million ≈ $-4.63 Million	-0.597x	-117.81%
2020-06-30	CA$-1.21 Million ≈ $-876.37K	CA$-4.06 Million ≈ $-2.94 Million	3.355x	-73.42%
2019-06-30	CA$-294.78K ≈ $-213.24K	CA$-3.72 Million ≈ $-2.69 Million	12.621x	+4.30%
2018-06-30	CA$-157.27K ≈ $-113.77K	CA$-1.90 Million ≈ $-1.38 Million	12.100x	--

About Fobi AI Inc

V:FOBI Canada Software - Infrastructure

Market Cap

$6.50 Million

CA$8.98 Million CAD

Market Cap Rank

#27846 Global

#1238 in Canada

Share Price

CA$0.04

Change (1 day)

+0.00%

52-Week Range

CA$0.04 - CA$0.04

All Time High

CA$3.58