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Background Description of Business The background prior to Family Office of America Inc., on December 17, 2024, the Company s name was changed from Qualis Innovations, Inc. to Family Office of America, Inc. with the State of Nevada, and that name change (and accompanying stock ticker change from QLIS to FOFA ) was processed by FINRA on or about December 23, 2024. Family Office of America, Inc. …
The business is unprofitable at the operating level (-225.95% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Negative free cash flow of -$262K. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (FY)
$222K
Net Income (TTM)
-$126K
▼ -390.4% YoY
Op. Margin
-225.95%
ROIC
-10.23%
Cash Flow & Balance Sheet
FCF (TTM)
-$13K
▼ -193.4% YoY
Op. Cash Flow (TTM)
-$13K
▼ -193.4% YoY
Net Debt
$165K
Cash & Equiv.
$343K
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