Income Statement Virtual Interactive Technologies Corp.

Stocks

VRVR

US92837H1086

Internet Services

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25-09-18	Virtual Interactive Technologies Corp. Announces Resignation of James W. Creamer III as Chief Financial Officer	CI
25-09-18	Virtual Interactive Technologies Corp. Announces Board Resignations	CI

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Published financial data: VIRTUAL INTERACTIVE TECHNOLOGIES CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2019	2020	2021	2022	2023
Revenues	334K	256K	194K	131K	130K
Total Revenues	334K	256K	194K	131K	130K
Gross Profit	334K	256K	194K	131K	130K
Selling General & Admin Expenses, Total	335K	274K	265K	1.25M	2.55M
Provision for Bad Debts	-	-	-	7.75K	31.09K
R&D Expenses	208K	23.04K	-	16.54K	-
Amortization of Goodwill and Intangible Assets - (IS)	625K	-	-	-	-
Other Operating Expenses, Total	1.17M	297K	265K	1.27M	2.58M
Operating Income	-833K	-40.73K	-70.68K	-1.14M	-2.45M
Interest Expense, Total	-182K	-49.67K	-50.51K	-528K	-364K
Net Interest Expenses	-182K	-49.67K	-50.51K	-528K	-364K
Currency Exchange Gains (Loss)	-7.52K	331	408	-996	-1.19K
Other Non Operating Income (Expenses)	-	3.13K	1.75K	1.5K	1.5K
EBT, Excl. Unusual Items	-1.02M	-86.94K	-119K	-1.67M	-2.82M
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	77.12K	-	-	-
EBT, Incl. Unusual Items	-1.02M	-9.82K	-119K	-1.67M	-2.82M
Earnings From Continuing Operations	-1.02M	-9.82K	-119K	-1.67M	-2.82M
Net Income to Company	-1.02M	-9.82K	-119K	-1.67M	-2.82M
Net Income - (IS)	-1.02M	-9.82K	-119K	-1.67M	-2.82M
Net Income to Common Incl Extra Items	-1.02M	-9.82K	-119K	-1.67M	-2.82M
Net Income to Common Excl. Extra Items	-1.02M	-9.82K	-119K	-1.67M	-2.82M
Per Share Items
Net EPS - Basic	-0.15	-0	-0.02	-0.23	-0.34
Basic EPS - Continuing Operations	-0.15	-0	-0.02	-0.23	-0.34
Basic Weighted Average Shares Outstanding	6.91M	6.82M	6.82M	7.27M	8.36M
Net EPS - Diluted	-0.15	-0	-0.02	-0.23	-0.34
Diluted EPS - Continuing Operations	-0.15	-0	-0.02	-0.23	-0.34
Diluted Weighted Average Shares Outstanding	6.91M	6.82M	6.82M	7.27M	8.36M
Normalized Basic EPS	-0.09	-0.01	-0.01	-0.14	-0.21
Normalized Diluted EPS	-0.09	-0.01	-0.01	-0.14	-0.21
Supplemental Items
EBITDA	-208K	584K	-	-	-
EBITA	-208K	-40.73K	-70.68K	-1.14M	-2.45M
EBIT	-833K	-40.73K	-70.68K	-1.14M	-2.45M
Normalized Net Income	-639K	-54.34K	-74.39K	-1.04M	-1.76M
Interest on Long-Term Debt	-	-	49.34K	479K	364K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	336K	91.16K
Selling and Marketing Expenses	-	-	-	336K	91.16K
General and Administrative Expenses	-	-	-	873K	2.43M
Research And Development Expense From Footnotes	208K	23.04K	-	16.54K	-
Stock-Based Comp., Other (Total)	1.2K	-	-	656K	141K
Total Stock-Based Compensation	1.2K	-	-	656K	141K

Fiscal Period: September	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	36.14K	36.24K	251K	36.38K	40.83K
Total Cash And Short Term Investments	36.14K	36.24K	251K	36.38K	40.83K
Accounts Receivable, Total	270K	171K	116K	83.64K	87.61K
Other Receivables	-	1.59K	3.34K	4.59K	-
Notes Receivable	8.97K	25K	25K	25K	-
Total Receivables	279K	198K	144K	113K	87.61K
Prepaid Expenses	-	-	-	1.96M	-
Other Current Assets, Total	2.66K	-	-	-	-
Total Current Assets	317K	234K	395K	2.11M	128K
Net Property Plant And Equipment	36.2K	-	-	-	-
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	-	-	7.5K	-	-
Total Assets	354K	234K	403K	2.11M	128K
Liabilities
Accounts Payable, Total	94.41K	7.07K	37.01K	34.59K	67.39K
Accrued Expenses, Total	8.86K	10.92K	2.09K	258K	379K
Current Portion of Long-Term Debt	60.9K	10K	62.38K	1M	1.21M
Other Current Liabilities	-	-	-	-	-
Total Current Liabilities	164K	27.98K	101K	1.3M	1.66M
Long-Term Debt	804K	741K	741K	10K	10K
Other Non Current Liabilities	69.34K	118K	168K	2.12K	2.72K
Total Liabilities	1.04M	887K	1.01M	1.31M	1.67M
Preferred Stock Convertible	6.46K	6.46K	6.46K	3.21K	4.41K
Total Preferred Equity	6.46K	6.46K	6.46K	3.21K	4.41K
Common Stock, Total	6.82K	6.82K	6.9K	8.06K	8.25K
Additional Paid In Capital	4.31M	4.35M	4.52M	7.6M	8.09M
Retained Earnings	-5.01M	-5.02M	-5.14M	-6.81M	-9.6M
Treasury Stock	-	-	-	-	-45K
Total Common Equity	-690K	-660K	-614K	794K	-1.55M
Total Equity	-684K	-653K	-607K	797K	-1.54M
Total Liabilities And Equity	354K	234K	403K	2.11M	128K
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.82M	6.82M	6.96M	8.31M	8.25M
ECS Total Common Shares Outstanding	6.82M	6.82M	6.9M	8.06M	8.25M
Book Value / Share	-0.1	-0.1	-0.09	0.1	-0.19
Tangible Book Value	-690K	-660K	-614K	794K	-1.55M
Tangible Book Value Per Share	-0.1	-0.1	-0.09	0.1	-0.19
Total Debt	865K	751K	803K	1.01M	1.22M
Net Debt	829K	715K	552K	977K	1.18M
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: September	2019	2020	2021	2022	2023
Net Income	-1.02M	-9.82K	-119K	-1.67M	-2.82M
Amortization of Goodwill and Intangible Assets - (CF)	625K	-	-	-	-
Depreciation & Amortization, Total	625K	-	-	-	-
Amortization of Deferred Charges, Total - (CF)	-	-	-	423K	207K
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	1.2K	-	-	656K	141K
Provision and Write-off of Bad Debts	-	-	-	7.75K	31.09K
Other Operating Activities, Total	-	-77.12K	-	-	-
Change In Accounts Receivable	-91.41K	98.5K	55.27K	32.19K	18.24K
Change In Accounts Payable	-27.82K	-37.34K	19.95K	-2.42K	32.8K
Change in Other Net Operating Assets	187K	50.7K	48.75K	89K	2.19M
Cash from Operations	-329K	24.91K	4.94K	-464K	-196K
Cash Acquisitions	1.81K	-	-	-	-
Sale (Purchase) of Real Estate properties	-	36.2K	-	-	-
Other Investing Activities, Total	-	-25K	-7.5K	-	-
Cash from Investing	1.81K	11.2K	-7.5K	-	-
Long-Term Debt Issued, Total	-	-	217K	435K	-
Total Debt Issued	-	-	217K	435K	-
Long-Term Debt Repaid, Total	-10K	-36K	-	-235K	-
Total Debt Repaid	-10K	-36K	-	-235K	-
Issuance of Common Stock	-	-	-	50K	-
Issuance of Preferred Stock	-	-	-	-	200K
Other Financing Activities, Total	-2.14K	-	-	-	-
Cash from Financing	-12.14K	-36K	217K	250K	200K
Net Change in Cash	-340K	108	215K	-215K	4.45K
Supplemental Items
Cash Interest Paid	-	248	-	14.77K	35K
Levered Free Cash Flow	-339K	-58.24K	-1.11K	-1.64M	745K
Unlevered Free Cash Flow	-225K	-27.19K	30.46K	-1.73M	765K
Change In Net Working Capital	331K	1.74K	-74.63K	1.67M	-2.16M
Net Debt Issued / Repaid	-10K	-36K	217K	200K	-

Fiscal Period: September	2019	2020	2021	2022	2023
Profitability
Return on Assets	-67.25	-8.67	-13.88	-56.92	-135.92
Return on Total Capital	-137.51	-18.27	-30.08	-71.14	-202.79
Return On Equity %	70.96	1.47	18.88	-1.76K	780.1
Return on Common Equity	70.8	1.46	18.69	-1.85K	771.97
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	100.04	106.9	136.37	955.87	1.96K
EBITDA Margin %	-62.27	227.88	-	-	-
EBITA Margin %	-62.27	-15.89	-36.37	-874.47	-1.88K
EBIT Margin %	-249.18	-15.89	-36.37	-874.47	-1.88K
Income From Continuing Operations Margin %	-305.95	-3.83	-61.24	-1.28K	-2.16K
Net Income Margin %	-305.95	-3.83	-61.24	-1.28K	-2.16K
Net Avail. For Common Margin %	-305.95	-3.83	-61.24	-1.28K	-2.16K
Normalized Net Income Margin	-191.22	-21.19	-38.28	-799.09	-1.35K
Levered Free Cash Flow Margin	-101.51	-22.71	-0.57	-1.25K	571.34
Unlevered Free Cash Flow Margin	-67.43	-10.61	15.67	-1.32K	586.82
Asset Turnover
Asset Turnover	0.43	0.87	0.61	0.1	0.12
Receivables Turnover (Average Receivables)	1.49	1.16	1.35	1.31	1.35
Short Term Liquidity
Current Ratio	1.93	8.36	3.89	1.62	0.08
Quick Ratio	1.86	7.47	3.65	0.1	0.08
Operating Cash Flow to Current Liabilities	-2.01	0.89	0.05	-0.36	-0.12
Days Sales Outstanding (Average Receivables)	244.38	314.54	269.43	278.69	270.77
Long Term Solvency
Total Debt/Equity	-126.46	-114.95	-132.28	127.14	-79.19
Total Debt / Total Capital	477.97	768.88	409.83	55.97	-380.61
LT Debt/Equity	-117.55	-113.42	-122.01	1.25	-0.65
Long-Term Debt / Total Capital	444.32	758.65	378.01	0.55	-3.12
Total Liabilities / Total Assets	293.45	379.3	250.81	62.14	1.3K
EBIT / Interest Expense	-4.57	-0.82	-1.4	-2.16	-6.74
EBITDA / Interest Expense	-1.14	11.76	-	-	-
(EBITDA - Capex) / Interest Expense	-1.14	11.76	-	-	-
Total Debt / EBITDA	-4.15	1.29	-	-	-
Net Debt / EBITDA	-3.98	1.22	-	-	-
Total Debt / (EBITDA - Capex)	-4.15	1.29	-	-	-
Net Debt / (EBITDA - Capex)	-3.98	1.22	-	-	-
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	34.18	-23.33	-24.2	-32.79	-9.89
Gross Profit, 1 Yr. Growth %	34.18	-23.33	-24.2	-32.79	-9.89
EBITDA, 1 Yr. Growth %	-69.35	-380.58	-	-	-
EBITA, 1 Yr. Growth %	-69.35	-80.44	73.51	1.52K	117.49
EBIT, 1 Yr. Growth %	-58.6	-95.11	73.51	1.52K	117.49
Earnings From Cont. Operations, 1 Yr. Growth %	-59.82	-99.04	1.11K	1.3K	70.13
Net Income, 1 Yr. Growth %	-59.82	-99.04	1.11K	1.3K	70.13
Normalized Net Income, 1 Yr. Growth %	-52.88	-91.5	36.9	1.3K	70.13
Diluted EPS Before Extra, 1 Yr. Growth %	-59.81	-99.03	1.11K	1.22K	47.9
Accounts Receivable, 1 Yr. Growth %	51.3	-36.54	-32.3	-27.79	-17.23
Total Assets, 1 Yr. Growth %	-70.42	-33.84	72.16	422.88	-93.96
Tangible Book Value, 1 Yr. Growth %	-75.56	-4.43	-6.97	-229.37	-289.41
Common Equity, 1 Yr. Growth %	-68.61	-4.43	-6.97	-229.37	-289.41
Cash From Operations, 1 Yr. Growth %	-59.06	-107.56	-80.15	-9.49K	-57.9
Levered Free Cash Flow, 1 Yr. Growth %	-	-82.84	-98.1	148K	-145.15
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-87.94	-212.01	-5.78K	-143.9
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	1.43	-23.76	-28.62	-18.09
Gross Profit, 2 Yr. CAGR %	-	1.43	-23.76	-28.62	-18.09
EBITDA, 2 Yr. CAGR %	-	-7.26	-	-	-
EBITA, 2 Yr. CAGR %	-	-75.51	-41.74	429.56	489.21
EBIT, 2 Yr. CAGR %	-	-85.77	-70.88	429.56	489.21
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-93.79	-65.89	1.2K	386.53
Net Income, 2 Yr. CAGR %	-	-93.79	-65.89	1.2K	386.53
Normalized Net Income, 2 Yr. CAGR %	-	-79.99	-65.89	338.29	386.53
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-93.75	-65.67	1.16K	339.34
Accounts Receivable, 2 Yr. CAGR %	-	-2.01	-34.45	-30.08	-13.03
Total Assets, 2 Yr. CAGR %	-	-55.76	6.73	200.03	-43.53
Tangible Book Value, 2 Yr. CAGR %	-	-51.67	-5.71	9.71	58.71
Common Equity, 2 Yr. CAGR %	-	-45.23	-5.71	9.71	58.71
Cash From Operations, 2 Yr. CAGR %	-	-82.4	-87.75	331.77	528.85
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-94.29	430.14	2.49K
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-63.25	697.51	401.22
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-7.96	-26.9	-20.18
Gross Profit, 3 Yr. CAGR %	-	-	-7.96	-26.9	-20.18
EBITA, 3 Yr. CAGR %	-	-	-52.97	76.36	292
EBIT, 3 Yr. CAGR %	-	-	-67.25	11.09	292
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-63.98	17.75	559.48
Net Income, 3 Yr. CAGR %	-	-	-63.98	17.75	559.48
Normalized Net Income, 3 Yr. CAGR %	-	-	-62.01	17.75	218.81
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-63.82	15.76	516.17
Accounts Receivable, 3 Yr. CAGR %	-	-	-13.37	-32.3	-20
Total Assets, 3 Yr. CAGR %	-	-	-30.41	81.27	-18.11
Tangible Book Value, 3 Yr. CAGR %	-	-	-39.88	4.78	32.83
Common Equity, 3 Yr. CAGR %	-	-	-34.65	4.78	32.83
Cash From Operations, 3 Yr. CAGR %	-	-	-81.68	12.13	98.74
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	68.94	133.88
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	97.21	204.16
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	-12.15
Gross Profit, 5 Yr. CAGR %	-	-	-	-	-12.15
EBITA, 5 Yr. CAGR %	-	-	-	-	29.29
EBIT, 5 Yr. CAGR %	-	-	-	-	4.04
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	2.05
Net Income, 5 Yr. CAGR %	-	-	-	-	2.05
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	5.35
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-1.78
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-13.24
Total Assets, 5 Yr. CAGR %	-	-	-	-	-35.99
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	-11.35
Common Equity, 5 Yr. CAGR %	-	-	-	-	-6.81
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	-24.64