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Financial statements

VPR Brands, LP. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data VPR Brands, LP. 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

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue1.583.614.615.263.976.224.939.855.683.62
Cost of revenue1.12.42.73.552.274.093.294.974.142.58
Gross profit0.481.211.921.711.692.141.644.881.531.04
Selling, general and administrative0.812.11.912.41.711.832.212.662.5
Selling and marketing0.13
General and administrative0.681.711.931.83
Operating expenses0.812.11.912.41.711.931.832.212.92.5
Operating income-0.33-0.890.01-0.69-0.020.2-0.192.67-1.37-1.46
Interest expense0.060.340.490.270.270.270.360.280.380.19
Interest income0.0100
Other non-operating income-0.98-0.49-0.55-0.07-0.011.141.3-0.14
Pre-tax income-0.23.81-0.07-1.6
Income tax0.880.08-0.41
Net income-0.38-1.61-0.97-1.18-0.560.13-0.22.93-0.14-1.2
EBITDA-0.3-0.870.04-0.67
EPS, basic0.000.030.00-0.01
EPS, diluted0.000.000.030.00-0.01
Shares, basic (weighted)86.288.888.889.891.7
Shares, diluted (weighted)96.788.893.689.891.7

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.080.060.060.0200.021.771.420.13
Receivables0.160.20.220.110.020.330.360.340.350.27
Inventory0.380.150.410.720.460.620.470.560.610.57
Other current assets0.020.03
Total current assets0.640.420.750.910.621.041.493.042.641.09
Property, plant and equipment0.030.020.01
Lease right-of-use assets0.360.290.210.140.120.090.06
Intangible assets0.040.030.010.030.030.04
Total assets0.970.470.771.270.911.251.633.192.751.59
Accounts payable0.160.240.30.210.310.510.250.210.420.78
Short-term debt0.671.05
Total current liabilities0.511.31.352.612.512.883.432.081.831.9
Long-term debt0.60.40.150.15
Lease liabilities0.340.280.140.120.10.060.02
Other non-current liabilities2.883.43
Total liabilities1.11.31.352.953.153.373.952.582.042.07
Total debt0.830.420.42
Paid-in capital0.03
Retained earnings-6.01-7.63-8.6-9.78-10.3-10.2-10.4-7.49-7.59-8.79
Shareholders' equity-2.11-2.32
Total equity-2.11-2.32
Total liabilities and equity0.970.470.771.270.911.251.633.192.751.59
Shares outstanding0.58

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-0.38-1.61-0.97-1.18-0.560.1310.42.93-0.14-1.2
Depreciation and amortization0.030.020.030.02
Stock-based compensation0.080.250
Deferred income tax-0.41
Change in receivables-0.15-0.04-0.020.110.09-0.31-0.03-0.18-0.14-0
Change in inventory-0.20.23-0.26-0.310.27-0.160.15-0.09-0.170.03
Change in payables0.160.080.06-0.090.190.220-0.040.210.36
Cash from operations-0.45-0.7-0.23-1.34-0.07-0.15-0.313.480.27-1.12
Capital expenditures-0.02
Cash from investing-0.02-0.03-0.02
Debt issued0.880.510.36
Debt repaid-0.24-0.4-0.35-0.41-0.07
Cash from financing0.540.670.231.30.050.150.33-1.71-0.62-0.16
Net change in cash0.08-0.030-0.04-0.0200.021.74-0.35-1.29
Free cash flow-0.46
Interest paid0.060.490.460.560.30.360.510.170.04
Income taxes paid0.220.01

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.06 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin25.1%Gross profit / revenue.
Operating margin-58.1%Operating income / revenue.
Pre-tax margin39.2%Pre-tax income / revenue.
Net margin34.1%Net income / revenue.
Operating cash flow margin51.4%Cash from operations / revenue.
Return on assets (ROA)30.1%Net income / average total assets.
SG&A / revenue83.3%Selling, general and administrative expense / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-36.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-9.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-1.8%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-32.3%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-14.1%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y-9.3%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y-509.1%Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-42.1%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-0.8%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y11.9%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y2.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y1.1%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.56xCurrent assets / current liabilities.
Quick ratio1.21x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.03x(Cash + short-term investments) / current liabilities.
Liabilities / assets66.7%Total liabilities / total assets.
Interest coverage-10.1xOperating income / interest expense.
Working capital$1.2MCurrent assets - current liabilities.
Goodwill and intangibles / assets1.2%(Goodwill + intangible assets) / total assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.88xRevenue / average total assets.
Inventory turnover4.54xCost of revenue / average inventory.
Days inventory80 days365 x average inventory / cost of revenue.
Receivables turnover7.73xRevenue / average receivables.
Days sales outstanding47 days365 x average receivables / revenue.
Days payables147 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-19 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted$0.01Net 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.
Revenue per share$0.03Revenue / diluted weighted shares.
Operating cash flow per share$0.02Cash from operations / diluted weighted shares.
Cash per share$0.02(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$5.5MShare price x shares outstanding.
Enterprise value$3.4MMarket cap + total debt - cash - short-term investments.
P/E5.49xMarket cap / net income. Only when net income is positive.
P/S1.87xMarket cap / revenue.
P/OCF3.64xMarket cap / cash from operations, when positive.
EV/Sales1.15xEnterprise value / revenue.
Earnings yield18.2%Net income / market cap (the inverse of P/E).
What was VPR Brands, LP.'s revenue in fiscal 2025?

VPR Brands, LP. reported revenue of $3.6M for fiscal 2025, 36.3% lower than the year before.

Was VPR Brands, LP. profitable in fiscal 2025?

No. It reported a net loss of $1.2M.

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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