Family Office of America Inc Financials
This page shows Family Office of America Inc (FOFA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Family Office of America Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Family Office of America Inc generates $0.89 in operating cash flow (-$89K OCF vs -$100K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Family Office of America Inc reported -$100K in net income in fiscal year 2024. This represents an increase of 87.5% from the prior year.
Family Office of America Inc earned $0.00 per diluted share (EPS) in fiscal year 2024. This represents an increase of 100.0% from the prior year.
Family Office of America Inc held $14K in cash against $0 in long-term debt as of fiscal year 2024.
Family Office of America Inc had 20M shares outstanding in fiscal year 2024. This represents an increase of 141.2% from the prior year.
FOFA Income Statement
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $26K-48.2% | $51K-51.1% | $103K | N/A | $21K-28.8% | $30K+86.3% | $16K | N/A |
| Operating Income | -$55K+44.5% | -$99K+3.9% | -$103K | N/A | -$21K+28.8% | -$30K-86.3% | -$16K | N/A |
| Interest Expense | $4K+3.3% | $4K | N/A | N/A | -$1K-9.9% | -$1K | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$51K+46.5% | -$95K+7.8% | -$103K | N/A | -$23K+27.4% | -$31K-93.2% | -$16K | N/A |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | N/A | $0.00 | $0.00 | $0.00 | N/A |
FOFA Balance Sheet
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $829K+40.9% | $589K+3.2% | $570K+2671.8% | $21K-55.9% | $47K-26.4% | $63K-29.9% | $91K+3625.7% | $2K |
| Current Assets | $829K+40.9% | $589K+3.2% | $570K+2671.8% | $21K-55.9% | $47K-26.4% | $63K-29.9% | $91K+3625.7% | $2K |
| Cash & Equivalents | $828K+41.4% | $585K+3.5% | $565K+4060.3% | $14K-70.9% | $47K-25.8% | $63K-30.5% | $91K+3625.7% | $2K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $26K-25.3% | $34K-30.8% | $50K+12.8% | $44K+10.8% | $40K+17.5% | $34K+13.9% | $30K-94.3% | $525K |
| Current Liabilities | $26K-25.3% | $34K-30.8% | $50K+12.8% | $44K+10.8% | $40K+17.5% | $34K+13.9% | $30K-94.3% | $525K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $804K+45.0% | $554K+6.4% | $521K+2321.9% | -$23K-435.8% | $7K-76.5% | $30K-51.3% | $61K+111.6% | -$523K |
| Retained Earnings | -$4.8M-1.1% | -$4.7M-2.1% | -$4.6M-2.3% | -$4.5M-0.7% | -$4.5M-0.5% | -$4.5M-0.7% | -$4.4M-0.4% | -$4.4M |
FOFA Cash Flow Statement
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$18K+70.5% | -$60K-156.6% | -$23K+29.5% | -$33K-97.4% | -$17K+39.2% | -$28K-132.8% | -$12K-48.2% | -$8K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $260K+225.0% | $80K-86.1% | $575K | $0-100.0% | $525 | $0-100.0% | $100K | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FOFA Financial Ratios
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'24 | Q3'24 | Q3'24 | Q3'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -6.1%+10.0pp | -16.2%+1.9pp | -18.1% | N/A | -48.5%+0.7pp | -49.2%-31.4pp | -17.8% | N/A |
| Current Ratio | 32.29+15.2 | 17.13+5.6 | 11.49+11.0 | 0.47-0.7 | 1.18-0.7 | 1.88-1.2 | 3.05+3.0 | 0.00 |
| Debt-to-Equity | 0.03-0.0 | 0.06-0.0 | 0.10+2.0 | -1.88-7.6 | 5.69+4.6 | 1.14+0.7 | 0.49+1.5 | -1.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$23K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.47), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is Family Office of America Inc profitable?
No, Family Office of America Inc (FOFA) reported a net income of -$100K in fiscal year 2024.
What is Family Office of America Inc's earnings per share (EPS)?
Family Office of America Inc (FOFA) reported diluted earnings per share of $0.00 for fiscal year 2024. This represents a 100.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Family Office of America Inc's operating cash flow?
Family Office of America Inc (FOFA) generated -$89K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Family Office of America Inc's total assets?
Family Office of America Inc (FOFA) had $21K in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Family Office of America Inc have outstanding?
Family Office of America Inc (FOFA) had 20M shares outstanding as of fiscal year 2024.
What is Family Office of America Inc's current ratio?
Family Office of America Inc (FOFA) had a current ratio of 0.47 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Family Office of America Inc's debt-to-equity ratio?
Family Office of America Inc (FOFA) had a debt-to-equity ratio of -1.88 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Family Office of America Inc's return on assets (ROA)?
Family Office of America Inc (FOFA) had a return on assets of -488.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Family Office of America Inc's cash runway?
Based on fiscal year 2024 data, Family Office of America Inc (FOFA) had $14K in cash against an annual operating cash burn of $89K. This gives an estimated cash runway of approximately 2 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Family Office of America Inc's debt-to-equity ratio negative or unusual?
Family Office of America Inc (FOFA) has negative shareholder equity of -$23K as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Family Office of America Inc's Piotroski F-Score?
Family Office of America Inc (FOFA) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Family Office of America Inc's earnings high quality?
Family Office of America Inc (FOFA) has an earnings quality ratio of 0.89x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.