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About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

FOMO Corp formerly 2050 Motors Inc is part of the automobile industry. It is mainly engaged in the dealership of automobile vehicles involving marketing and selling of electric automobiles. The company has an exclusive license to import, market and sell in the United States, Puerto Rico, the United States Territories and Peru. It mainly develops and manufactures a lightweight, carbon fiber e-Go EV electric car.

1 East Erie Street, Suite 525, Unit No. 2250
Geneva, IL, 60611
T +1 630 286-9560
Sector Consumer Cyclical
Industry Auto & Truck Dealerships
Most Recent Earnings Sep 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type Cyclical
Employees 3