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Financial statements

VCI Global Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data VCI Global Ltd 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

FY2022FY2023FY2024
Revenue8.0819.827.8
Cost of revenue1.743.354.95
Gross profit6.3416.422.9
General and administrative0.18
Interest expense0.010.020.13
Pre-tax income3.127.17.69
Income tax-1.5-0.140.11
Income from continuing operations7.247.58
Net income to minority interests-0.29-0.53-0.3
Net income4.97.777.87
EPS, basic0.130.2154.74
EPS, diluted0.130.2154.74

Balance sheet

FY2022FY2023FY2024
Cash and equivalents0.871.048.1
Receivables3.586.3130
Total current assets4.4910.748.5
Property, plant and equipment0.350.70.57
Lease right-of-use assets0.160.260.12
Intangible assets1.027.29
Total assets9.525.791.6
Accounts payable2.364.224.42
Short-term debt0.180.150.16
Total current liabilities3.015.015.18
Lease liabilities0.10.120.04
Total liabilities3.995.465.24
Total debt0.250.20.18
Retained earnings1.429.189.93
Shareholders' equity5.8921.186.3
Minority interests-0.37-0.89-0
Total equity5.5120.386.3
Total liabilities and equity9.525.791.6

Cash flow statement

FY2022FY2023FY2024
Net income4.617.247.58
Cash from operations-0.311.1522.3
Capital expenditures-0.38-0.43-0.33
Cash from investing0.26-3.98-48.6
Debt repaid-0.03-0.03-0.02
Stock issued2.93
Dividends paid-0.1
Cash from financing0.252.9634.5
Exchange rate effect0.14-1.1
Net change in cash0.28.16
Free cash flow-0.680.7222
Income taxes paid-0.010.180.16

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $1.70 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin82.2%Gross profit / revenue.
Pre-tax margin27.6%Pre-tax income / revenue.
Net margin28.3%Net income / revenue.
FCF margin78.9%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin80.1%Cash from operations / revenue.
Effective tax rate1.4%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)14.7%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)13.4%Net income / average total assets.
Capex / revenue1.2%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y40.6%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y39.2%Gross profit vs the same period a year earlier. Only from a positive base.
Net income growth, 1y1.3%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y25,967.0%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y1,835.0%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y2,960.0%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y308.2%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y256.0%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio9.36xCurrent assets / current liabilities.
Quick ratio7.36x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.56x(Cash + short-term investments) / current liabilities.
Debt / equity0.00xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets0.2%Total debt / total assets.
Liabilities / assets5.7%Total liabilities / total assets.
Net debt-$7.9MTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital$43.3MCurrent assets - current liabilities.
Goodwill and intangibles / assets8.0%(Goodwill + intangible assets) / total assets.
Tangible book value$79.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.47xRevenue / average total assets.
Fixed asset turnover43.8xRevenue / average property, plant and equipment.
Receivables turnover1.53xRevenue / average receivables.
Days sales outstanding238 days365 x average receivables / revenue.
Days payables319 days365 x average accounts payable / cost of revenue.
FCF conversion278.8%Free cash flow / net income, when net income is positive.
Capex / operating cash flow1.5%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$54.74Net 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.
EPS, basic$54.74Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$15.8MShare price x shares outstanding.
Enterprise value$7.9MMarket cap + total debt - cash - short-term investments.
P/E2.00xMarket cap / net income. Only when net income is positive.
P/S0.57xMarket cap / revenue.
P/B0.18xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.20xMarket cap / tangible book value, when positive.
P/FCF0.72xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF0.71xMarket cap / cash from operations, when positive.
EV/Sales0.28xEnterprise value / revenue.
EV/FCF0.36xEnterprise value / free cash flow, when both are positive.
FCF yield139.1%Free cash flow / market cap.
Earnings yield49.9%Net income / market cap (the inverse of P/E).
What was VCI Global Ltd's revenue in fiscal 2024?

VCI Global Ltd reported revenue of $27.8M for fiscal 2024, 40.6% higher than the year before.

Was VCI Global Ltd profitable in fiscal 2024?

Yes. Net income was $7.9M, a net margin of 28.3%.

How much free cash flow did VCI Global Ltd generate in fiscal 2024?

Cash from operations of $22.3M minus capital expenditures of $327.1K left free cash flow of $22.0M.

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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