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Financial statements

Vemanti Group, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Vemanti Group, 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

FY2021FY2021FY2022FY2023
Revenue0.160.150.140.12
Cost of revenue0.040.020.020.02
Gross profit0.130.130.120.1
General and administrative0.211.741.141.26
Operating expenses0.211.741.151.57
Operating income-0.08-1.62-1.04-1.47
Interest expense00.03
Interest income00.01
Other non-operating income0.02-0
Pre-tax income-0.08-1.62-1.04-1.5
Income tax-0-000
Net income-0.08-1.63-1.04-1.5
EBITDA-0.08-1.62-1.04-1.47
EPS, basic0.000.00-0.01-0.02
EPS, diluted0.000.00-0.01-0.02
Shares, basic (weighted)6969.7
Shares, diluted (weighted)6969.770.4

Balance sheet

FY2021FY2021FY2022FY2023
Cash and equivalents0.240.30.260
Receivables0000.01
Other current assets000.240
Total current assets0.270.330.50.01
Property, plant and equipment0000
Intangible assets00.310
Other non-current assets0.30.3
Total assets0.570.630.810.01
Accounts payable000.010
Accrued liabilities00.430.190.01
Deferred revenue00
Total current liabilities00.560.320
Total liabilities00.560.320
Paid-in capital2.223.344.790.01
Retained earnings-1.66-3.28-4.32-0
Shareholders' equity0.570.070.480.01
Total equity0.570.070.480.01
Total liabilities and equity0.570.630.810.01
Shares outstanding6970.470.41

Cash flow statement

FY2021FY2021FY2022FY2023
Net income-0.08-1.63-1.04-1.5
Depreciation and amortization0000
Stock-based compensation01.140.880.73
Change in receivables-0-00-0.01
Change in payables0000
Cash from operations-0.08-0.48-0.38-0.37
Cash from investing0.2-0.010.010
Stock issued00.420.340.1
Cash from financing00.540.340.25
Net change in cash0.120.05-0.04-0.12
Interest paid000
Income taxes paid0000

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2024; growth uses fiscal years. Valuation uses the share price of $0.01 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-60.4%Operating income / revenue.
Pre-tax margin-110.2%Pre-tax income / revenue.
Net margin-109.1%Net income / revenue.
Operating cash flow margin29.5%Cash from operations / revenue.
Return on assets (ROA)-482.0%Net income / average total assets.
Stock-based pay / revenue71.3%Stock-based compensation (from the cash flow statement) / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-11.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-8.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y-13.3%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-7.4%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-98.4%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-76.2%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-98.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-74.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.04xCurrent assets / current liabilities.
Quick ratio0.00x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets4,449.0%Total liabilities / total assets.
Working capital-$4.6MCurrent assets - current liabilities.
Tangible book value-$8.9MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover4.42xRevenue / average total assets.

Per share

MetricValueHow it is calculated
Book value per share-$0.12Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.12Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$1.1MShare price x shares outstanding.
Enterprise value$1.0MMarket cap + total debt - cash - short-term investments.
P/S1.17xMarket cap / revenue.
P/OCF3.98xMarket cap / cash from operations, when positive.
EV/Sales1.15xEnterprise value / revenue.
Earnings yield-92.9%Net income / market cap (the inverse of P/E).
What was Vemanti Group, Inc.'s revenue in fiscal 2023?

Vemanti Group, Inc. reported revenue of $123.1K for fiscal 2023, 11.3% lower than the year before.

Was Vemanti Group, Inc. profitable in fiscal 2023?

No. It reported a net loss of $1.5M.

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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