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Financial statements

VERDE BIO HOLDINGS, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data VERDE BIO HOLDINGS, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
Revenue0000.050.040
Cost of revenue00.020.020
Gross profit00.030.0200-0
General and administrative-00.060.020.080.090.01
Operating expenses0.130.230.20.480.470.040.263.013.872.57
Operating income-0.13-0.23-0.2-0.46-0.45-0.04-0.26-2.97-3.15-1.64
Interest expense00.130.020.180.30.350.230.3700.07
Other non-operating income-0.27-0.560.07-1.67-1.04-0.5-1.32-0.35-0.27-0.13
Pre-tax income-0.4-0.8-0.13-2.12-1.5-0.54-1.58-3.32-3.42-1.77
Income tax0000000000
Net income-0.4-0.8-0.13-2.12-1.5-0.54-1.580-3.44-1.86
EBITDA-0.13-0.26-2.97-3.12-1.58
EPS, basic-28,754.00-5,247.00-52.47-157.41-5.30-0.01-1.03-0.030.00
EPS, diluted-28,754.00-5,247.00-52.47-157.41-5.30-0.53-1.03-0.030.00
Shares, basic (weighted)0000.010.281.021.5394.81,139
Shares, diluted (weighted)0000.010.281.021.5394.81,139

Balance sheet

FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
Cash and equivalents0.01000.020.010.0202.090.140.03
Receivables0000.0100.07
Other current assets000.040.01000.030.030
Total current assets0.01002.210.30.1
Property, plant and equipment02.782.72
Lease right-of-use assets00.120.070.02
Total assets0.01000.060.020.0203.225.094.16
Accounts payable0.080.120.20.270.420.480.330.210.170.29
Accrued liabilities0.04
Total current liabilities0.483.140.481.451.84
Lease liabilities00.080.020
Total liabilities0.270.590.481.611.552.033.140.561.471.84
Paid-in capital0.61.081.282.383.823.944.3812.116.716.7
Retained earnings-0.87-1.67-1.79-3.91-5.41-5.95-7.52-10.8-14.3-16
Shareholders' equity-0.27-0.59-0.48-1.55-1.52-2.01-3.132.663.592.21
Total equity-0.27-0.59-0.48-1.55-1.52-2.01-3.132.663.592.21
Total liabilities and equity0.01000.060.020.0203.225.094.16
Shares outstanding000.010.051.191.071.836831,1791,543

Cash flow statement

FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023
Net income-0.4-0.8-0.13-2.12-1.5-0.54-1.58-3.32-3.42-1.77
Depreciation and amortization0000.030.06
Change in receivables-00-0-0.01-00.010-0.09-0.040.05
Change in payables-0.020.040.070.10.230.060.140.21-00.12
Cash from operations-0.05-0.06-0.01-0.27-0.23-0.02-0.18-0.69-1.15-0.87
Capital expenditures-2.87-0.01
Cash from investing0-2.5-5.680.15
Debt repaid0-0.02
Stock issued05.363.92
Cash from financing0.060.060.010.280.220.030.165.274.880.61
Net change in cash-1.95-0.12
Free cash flow-4.02-0.88
Interest paid00000000.03
Income taxes paid00000000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to January 31, 2024; growth uses fiscal years. Valuation uses the share price of $1.28 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-2,238.0%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-141.5%Net income / average total assets.
Return on invested capital (ROIC)-1,061.0%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Book value growth, 1y-38.4%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-18.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y1,266.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y180.9%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets84.8%Total liabilities / total assets.
Interest coverage-38.3xOperating income / interest expense.
Tangible book value$119.0KShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.00Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share-$0.00Cash from operations / diluted weighted shares.
Book value per share$0.00Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.00Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$2.59BShare price x shares outstanding.
Enterprise value$2.59BMarket cap + total debt - cash - short-term investments.
P/B21,733xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book21,733xMarket cap / tangible book value, when positive.
Earnings yield-0.1%Net income / market cap (the inverse of P/E).
Was VERDE BIO HOLDINGS, INC. profitable in fiscal 2023?

No. It reported a net loss of $1.9M.

How much free cash flow did VERDE BIO HOLDINGS, INC. generate in fiscal 2023?

Cash from operations of $872.2K minus capital expenditures of $7.0K left free cash flow of -$879.2K.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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