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Financial statements

VisitIQ Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data VisitIQ Corp. 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

FY2009FY2011FY2011FY2012FY2025FY2025
Revenue21.224.425.442.232.64
Cost of revenue10.410.810.223.831.21
Gross profit10.813.515.218.4-01.43
Selling and marketing0.090.07
General and administrative0.541.591.753.140.670.54
Operating expenses0.541.591.753.148.118.75
Operating income10.211.913.515.2
Interest expense0.080.15.63
Interest income0.030.03
Pre-tax income10.21213.49.65-10.7-8.13
Income tax0.02
Net income to minority interests-2.03-0.19
Net income10.21213.49.65-8.67-7.96
EBITDA11.212.914.418.6
EPS, basic0.390.430.450.32-1.67-3.16
EPS, diluted0.390.430.450.32-1.67-3.16
Shares, basic (weighted)26.1283030.15.472.83
Shares, diluted (weighted)26.1283030.15.472.83

Balance sheet

FY2009FY2011FY2011FY2012FY2025FY2025
Cash and equivalents2.775.3115.130.40.390.11
Receivables0.210.21
Inventory0.090.110
Other current assets2.373.319.614.080.020.1
Total current assets8.248.7324.734.51.240.41
Property, plant and equipment26.426.584.182.3
Goodwill0.350.35
Intangible assets5.255.274948.12.282.11
Total assets39.949.21581653.982.98
Accounts payable0.220.140.050.171.161.74
Accrued liabilities0.560.912.220.06
Deferred revenue15.814.639.545.90.110.03
Short-term debt15.7
Total current liabilities2117.588.686.423.54.16
Total liabilities2117.511511227.817
Total debt11
Paid-in capital0.020.020.070.1617.9
Retained earnings18.730.740.149.7-23.5-32
Other comprehensive income0.21.012.442.69
Shareholders' equity18.931.742.652.6-23.5-14
Minority interests-0.29
Total equity18.931.742.652.6-23.8-14
Total liabilities and equity39.949.21581653.982.98
Shares outstanding26.1303030.15.472.13

Cash flow statement

FY2009FY2011FY2011FY2012FY2025FY2025
Net income10.21213.49.65-10.7-8.15
Depreciation and amortization0.990.970.913.361.31.46
Stock-based compensation0.020.110.112.95
Change in receivables0.31-0.07
Change in inventory-0.070.02-0.13-0
Change in payables-0.09-0.09-0.090.120.970.38
Cash from operations5.369.3915.626.2-4.68-2.62
Capital expenditures-0.43-0.19-0.22-0.96
Acquisitions-16
Cash from investing-0.43-5.75-19.5-0.96-1.1-0.66
Debt repaid-15.8
Cash from financing-5.06-1.228.42-105.323
Exchange rate effect0.110.12
Net change in cash-0.022.554.215.3-0.46-0.28
Free cash flow4.939.1915.425.2
Interest paid0.080.12.21

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.80 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin54.2%Gross profit / revenue.
Pre-tax margin-308.6%Pre-tax income / revenue.
Net margin-302.2%Net income / revenue.
Operating cash flow margin-99.4%Cash from operations / revenue.
Return on assets (ROA)-228.8%Net income / average total assets.
Stock-based pay / revenue111.8%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue55.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-12.1%Revenue vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-25.2%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y-48.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.10xCurrent assets / current liabilities.
Quick ratio0.08x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Liabilities / assets569.3%Total liabilities / total assets.
Working capital-$3.7MCurrent assets - current liabilities.
Goodwill and intangibles / assets82.5%(Goodwill + intangible assets) / total assets.
Tangible book value-$16.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.76xRevenue / average total assets.
Receivables turnover12.5xRevenue / average receivables.
Days sales outstanding29 days365 x average receivables / revenue.
Days payables438 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$3.16Net 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-$3.16Net income per basic share, as reported (split-adjusted).
Revenue per share$0.93Revenue / diluted weighted shares.
Operating cash flow per share-$0.93Cash from operations / diluted weighted shares.
Book value per share-$6.55Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$7.71Tangible book value / shares outstanding.
Cash per share$0.05(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$3.8MShare price x shares outstanding.
Enterprise value$3.7MMarket cap + total debt - cash - short-term investments.
P/S1.46xMarket cap / revenue.
EV/Sales1.42xEnterprise value / revenue.
Earnings yield-207.4%Net income / market cap (the inverse of P/E).
What was VisitIQ Corp.'s revenue in fiscal 2025?

VisitIQ Corp. reported revenue of $2.6M for fiscal 2025, 12.1% lower than the year before.

Was VisitIQ Corp. profitable in fiscal 2025?

No. It reported a net loss of $8.0M.

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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