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WILLAMETTE VALLEY VINEYARDS INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data WILLAMETTE VALLEY VINEYARDS 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

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue19.420.923.124.727.331.833.939.139.837.2
Cost of revenue7.27.978.39.4510.613.115.116.615.614.7
Gross profit12.212.914.815.316.718.718.822.624.222.5
Selling, general and administrative8.059.254.275.375.726.26.56.49
Selling and marketing5.916.77.457.469.613.617.617.117.4
General and administrative3.333.94.124.275.375.726.26.56.49
Operating expenses9.2510.611.611.71519.423.823.623.9
Operating income4.173.644.183.7353.69-0.55-1.210.57-1.44
Interest expense0.290.470.460.440.410.390.370.591.021.17
Interest income0.010.030.030.050.020.010.010
Pre-tax income4.113.453.943.464.773.47-0.77-1.69-0.34-1.21
Income tax1.480.451.080.951.381.02-0.12-0.49-0.23-0.29
Income from continuing operations2.632.992.862.51
Net income2.632.992.862.513.392.45-0.65-1.2-0.12-0.92
EBITDA5.55.185.885.546.815.641.772.223.91.81
EPS, basic0.430.460.370.300.460.20-0.51-0.65-0.48
EPS, diluted0.430.460.370.300.460.20-0.51-0.65-0.48
Shares, basic (weighted)4.994.994.964.964.964.96
Shares, diluted (weighted)54.994.964.964.964.96

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents5.7113.89.747.051413.70.340.240.320.41
Receivables1.871.762.351.812.673.164.232.993.154.51
Inventory1214.816.217.117.719.122.228.332.933.4
Other current assets0.40.110.220.20.180.30.450.520.520.66
Total current assets19.930.428.626.83536.427.832.236.939
Property, plant and equipment20.223.225.828.631.540.653.553.45249.4
Lease right-of-use assets04.864.946.258.911.411.310.7
Other non-current assets0.060.050.030.010.010.010.010.010.010.01
Total assets44.959.761.567.979.591.498.7106109108
Accounts payable0.510.990.840.861.422.13.072.031.581.55
Accrued liabilities10.870.9111.341.161.431.482.11.91
Deferred revenue0.140.10
Short-term debt0.380.40.420.440.450.470.50.520.951.01
Total current liabilities3.576.435.45.377.311.99.9313.81314.5
Long-term debt4.446.666.255.835.394.936.456.9612.914
Lease liabilities04.714.725.958.5111.411.410.9
Total liabilities10.21513.918.920.726.428.335.139.841.5
Total debt4.877.246.846.425.394.936.456.9612.914
Retained earnings16.618.920.722.224.525.52319.717.414.2
Shareholders' equity34.644.747.64958.86570.470.669.266.2
Total equity34.644.747.64958.86570.470.669.266.2
Total liabilities and equity44.959.761.567.979.591.498.7106109108
Shares outstanding5.024.964.964.964.964.964.964.964.964.98

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income2.632.992.862.513.392.45-0.65-1.2-0.12-0.92
Depreciation and amortization1.341.541.691.811.811.952.323.433.323.25
Stock-based compensation00000.070.0400.13
Deferred income tax0.08-0.340.610.760.290.35-0.16-0.53-0.37-0.35
Change in receivables0.19-0.11-0.590.54-0.86-0.49-1.061.23-0.16-1.36
Change in inventory1.342.82-1.45-0.83-0.61-1.39-3.12-6.11-4.59-0.47
Change in payables0.040.47-0.190.10.29-0.140.820.18-0.38-0.05
Cash from operations3.092.522.34.294.872.57-2.67-1.99-3.24-1.79
Capital expenditures-4.33-2.78-4.05-4.53-4.18-10-14.8-4.31-1.85-0.44
Cash from investing-5.33-3.92-5.26-5.32-4.77-10.3-15.5-4.73-2.09-0.5
Debt issued02.67021.02103.01
Debt repaid-0.35-0.46-0.4-0.42-0.44-0.45-0.47-0.5-3.55-1.87
Stock issued0.190.020
Share buybacks-0.53-0.480
Cash from financing3.949.46-1.08-1.666.857.484.746.625.412.38
Net change in cash1.78.07-4.04-2.696.95-0.25-13.4-0.10.080.09
Free cash flow-1.24-0.26-1.74-0.240.69-7.48-17.5-6.3-5.09-2.23
Interest paid0.290.430.450.440.410.390.370.61.021.13
Income taxes paid0.81.060.670.730.960.330.42-0.390.050.09

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 $3.23 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin59.1%Gross profit / revenue.
Operating margin-7.9%Operating income / revenue.
EBITDA margin0.5%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-7.1%Pre-tax income / revenue.
Net margin-5.9%Net income / revenue.
FCF margin1.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin2.6%Cash from operations / revenue.
Return on equity (ROE)-3.4%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-2.2%Net income / average total assets.
Return on invested capital (ROIC)-2.9%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%.
SG&A / revenue20.0%Selling, general and administrative expense / revenue.
Stock-based pay / revenue0.4%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.9%Capital expenditures / revenue.
D&A / revenue8.4%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-6.5%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y3.1%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y6.4%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-7.0%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y6.1%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y6.1%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y-351.1%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y-53.5%EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y0.8%Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y-23.3%Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-4.4%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-2.0%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y2.4%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-1.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y3.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y6.3%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.92xCurrent assets / current liabilities.
Quick ratio0.28x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.05x(Cash + short-term investments) / current liabilities.
Debt / equity0.22xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets14.1%Total debt / total assets.
Liabilities / assets35.5%Total liabilities / total assets.
Net debt$13.9MTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA81.8xNet debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage-2.59xOperating income / interest expense.
Working capital$23.7MCurrent assets - current liabilities.
Tangible book value$66.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.37xRevenue / average total assets.
Fixed asset turnover0.79xRevenue / average property, plant and equipment.
Inventory turnover0.49xCost of revenue / average inventory.
Days inventory745 days365 x average inventory / cost of revenue.
Receivables turnover13.4xRevenue / average receivables.
Days sales outstanding27 days365 x average receivables / revenue.
Days payables56 days365 x average accounts payable / cost of revenue.
Cash conversion cycle717 daysDays inventory + days sales outstanding - days payables.
Capex / operating cash flow36.2%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.45Net 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$7.58Revenue / diluted weighted shares.
FCF per share$0.13Free cash flow / diluted weighted shares.
Operating cash flow per share$0.20Cash from operations / diluted weighted shares.
Book value per share$13.34Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$13.34Tangible book value / shares outstanding.
Cash per share$0.12(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$16.1MShare price x shares outstanding.
Enterprise value$30.0MMarket cap + total debt - cash - short-term investments.
P/S0.43xMarket cap / revenue.
P/B0.24xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.24xMarket cap / tangible book value, when positive.
P/FCF25.6xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF16.3xMarket cap / cash from operations, when positive.
EV/Sales0.79xEnterprise value / revenue.
EV/EBITDA176xEnterprise value / EBITDA, when both are positive.
EV/FCF47.9xEnterprise value / free cash flow, when both are positive.
FCF yield3.9%Free cash flow / market cap.
Earnings yield-13.9%Net income / market cap (the inverse of P/E).
What was WILLAMETTE VALLEY VINEYARDS INC's revenue in fiscal 2025?

WILLAMETTE VALLEY VINEYARDS INC reported revenue of $37.2M for fiscal 2025, 6.5% lower than the year before.

Was WILLAMETTE VALLEY VINEYARDS INC profitable in fiscal 2025?

No. It reported a net loss of $917.7K.

How much free cash flow did WILLAMETTE VALLEY VINEYARDS INC generate in fiscal 2025?

Cash from operations of $1.8M minus capital expenditures of $444.2K left free cash flow of -$2.2M.

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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