Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data VIVIC 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
FY2018
FY2018
FY2020
FY2021
FY2022
FY2024
FY2023
FY2024
FY2025
Revenue
0.02
0.1
0.24
0.22
0.11
1.6
5.95
0.04
Cost of revenue
0.01
0
0.37
0.08
1.39
4.15
0.13
Gross profit
0.01
0.1
0.24
-0.15
0.02
0.21
1.8
-0.08
General and administrative
0.03
0.07
1.26
1.19
0.22
0.28
0.4
0.51
0.78
Operating expenses
0.03
0.07
1.26
1.19
1.2
0.28
0.64
3.29
Operating income
-0.02
0.03
-1.02
-1.33
-0.22
-0.28
-0.18
1.16
-3.38
Interest expense
0
0.02
0.01
0.01
0.02
0.02
0.03
Other non-operating income
-0.01
-0.04
-0.06
-0.02
-0.15
Pre-tax income
-0.02
0.03
-0.99
-2.61
-0.23
-0.32
-0.24
1.14
-3.52
Income tax
0.01
0
0
0
0.15
-0.07
Income from continuing operations
-2.61
-0.23
-0.32
-0.24
0.98
-3.45
Net income to minority interests
-0.03
-0.1
-0.04
Net income
-0.02
0.03
-0.99
-2.66
-0.94
-0.78
1.5
2.85
-3.45
EBITDA
-0.02
0.03
-0.98
-1.29
-0.21
-0.28
-0.18
1.16
-3.37
EPS, basic
0.00
0.00
-0.06
-0.10
-0.04
-0.03
0.06
0.11
-0.13
EPS, diluted
0.00
0.00
-0.06
-0.10
-0.04
-0.03
0.06
0.08
-0.13
Shares, basic (weighted)
4.81
29.5
16
25.2
25.5
23.1
26.2
26.7
27
Shares, diluted (weighted)
19.3
29.5
16
25.2
25.5
23.1
26.2
35
27
Balance sheet
FY2018
FY2018
FY2020
FY2021
FY2022
FY2024
FY2023
FY2024
FY2025
Cash and equivalents
0.01
0.17
0.5
0.08
0.07
0.9
0.07
0.31
0.04
Receivables
0
0
0.18
1.24
Inventory
0.16
1.53
0.82
0
0
Other current assets
0
0.01
0.05
0.19
0.13
0.97
0.92
0.25
Total current assets
0.01
0.18
0.64
0.54
0.53
2.78
4.11
2.31
1.35
Property, plant and equipment
0
0.25
0.09
0
0
0
0
0
Lease right-of-use assets
0.01
0.53
0.36
Intangible assets
0.01
0
0
0
Long-term investments
0.06
Other non-current assets
0.04
0.03
0.01
0
Total assets
0.02
0.18
0.88
1.45
3.19
5.49
4.12
4.87
3.86
Accounts payable
0.01
0.02
0.73
0.04
0
Accrued liabilities
0.03
0.04
0.08
Deferred revenue
0.58
2.36
1.52
0.06
0.7
Short-term debt
0.57
Total current liabilities
0.01
0.12
0.64
1.04
1
2.9
1.92
1.66
1.96
Long-term debt
0.09
0.09
0.09
0.52
Lease liabilities
0
0.28
Other non-current liabilities
0.63
0.61
Total liabilities
0.01
0.12
0.73
1.55
4.23
5.76
2.56
2.27
2.05
Total debt
0.09
0.09
0.09
0.09
Paid-in capital
0.01
-0.06
1.34
3.82
3.75
4.85
4.85
4.85
7.53
Retained earnings
-0.02
0.01
-1.3
-3.87
-4.81
-5.15
-3.3
-2.3
-5.75
Other comprehensive income
-0
0.01
0
0.01
-0.02
0.02
-0.01
Shareholders' equity
0.01
0.06
0.06
-0.01
-1.04
-0.26
1.52
2.59
1.81
Minority interests
0.08
-0.09
Total equity
0.01
0.06
0.15
-0.1
-1.04
-0.23
1.55
2.59
1.81
Total liabilities and equity
0.02
0.18
0.88
1.45
3.19
5.49
4.12
4.87
3.86
Shares outstanding
21.4
117
24.5
25.6
25.5
26.7
26.7
26.7
27.4
Cash flow statement
FY2018
FY2018
FY2020
FY2021
FY2022
FY2024
FY2023
FY2024
FY2025
Net income
-0.02
0.03
-0.99
-2.66
-0.98
-0.78
1.5
0.98
-3.45
Depreciation and amortization
0
0
0.04
0.04
0
0
0
0
0
Stock-based compensation
2.51
Change in receivables
0
-0
-0.18
0.02
Change in inventory
0.16
1.47
-0.84
0.8
Change in payables
0
0.01
0
0
Cash from operations
-0.02
0.03
-1.34
-0.97
0
-0.93
-0.21
-0.26
-0.46
Capital expenditures
-0.01
-0
-0.23
-0.14
Cash from investing
-0.01
-0
-0.35
-0.04
-0.18
-0.04
Debt repaid
-0.14
Stock issued
0.03
1.31
Cash from financing
0.03
0.12
1.3
0.92
0.1
1.95
0.26
-0.3
0.19
Exchange rate effect
-0.01
0.02
-0.01
-0.01
-0.02
0
Net change in cash
0.01
0.16
-0.06
-0.42
0.08
0.84
-0
-0.59
-0.27
Free cash flow
-0.02
-1.35
-1.2
-0.14
Interest paid
0
0
0
0.02
0.02
0.03
0.03
Income taxes paid
0.03
0
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.01 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
-105.2%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-54.8%
Net income / average total assets.
Return on invested capital (ROIC)
-82.2%
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
Metric
Value
How it is calculated
Revenue growth, 1y
-99.3%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-104.6%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-391.7%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-391.4%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-220.9%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-262.5%
EPS vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-30.3%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-20.7%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
-22.9%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.84x
Current assets / current liabilities.
Quick ratio
0.01x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.01x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.06x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
3.2%
Total debt / total assets.
Liabilities / assets
47.9%
Total liabilities / total assets.
Net debt
$73.5K
Total debt - cash - short-term investments. Negative means more cash than debt.
Net 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
-$0.01
Cash from operations / diluted weighted shares.
Book value per share
$0.05
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/B
0.23x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
0.23x
Market cap / tangible book value, when positive.
Earnings yield
-452.1%
Net income / market cap (the inverse of P/E).
What was VIVIC CORP.'s revenue in fiscal 2025?
VIVIC CORP. reported revenue of $44.5K for fiscal 2025, 99.3% lower than the year before.
Was VIVIC CORP. profitable in fiscal 2025?
No. It reported a net loss of $3.4M.
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.