-1x Short VIX Futures ETF Financials
This page shows -1x Short VIX Futures ETF (SVIX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Results are driven by valuation swings, while balance-sheet growth comes mainly from equity funding rather than leverage.
In each of FY2022-FY2025, operating cash outflows were matched or exceeded by financing inflows, so cash was replenished through capital movements rather than internal generation. That matters because FY2025 still held$124.8M of cash after a-$623.5M net loss, showing liquidity depended more on funding access than on accounting earnings.
The gap between operating income of just
The balance sheet stayed lightly levered: FY2025 equity was
Financial Health Signals
-1x Short VIX Futures ETF does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
-1x Short VIX Futures ETF reported a net loss of $623.5M while operations used $542.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
-1x Short VIX Futures ETF reported -$623.5M in net income in fiscal year 2025. This represents a decrease of 2354.0% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
-1x Short VIX Futures ETF held $124.8M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
-1x Short VIX Futures ETF's ROE was -114.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 109.5 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
SVIX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| SG&A Expenses | $936K+148.0% | $377K+64.5% | $229K+137.6% | $97K |
| Operating Income | -$55K-115.0% | $364K+115.3% | -$2.4M-23.2% | -$1.9M |
| Net Income | -$623.5M-2354.0% | -$25.4M | N/A | -$60.7M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense, Income Tax, EPS (Diluted).
SVIX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Total Assets | $551.0M+8.1% | $509.8M+148.6% | $205.1M+17.5% | $174.6M |
| Cash & Equivalents | $124.8M+10390.3% | $1.2M-76.4% | $5.0M+897.3% | $505K |
| Accounts Receivable | $6.5M+57.2% | $4.2M+2694.5% | $149K-82.1% | $831K |
| Total Liabilities | $7.7M-64.9% | $22.0M+111.9% | $10.4M+283.1% | $2.7M |
| Total Equity | $543.3M+11.4% | $487.8M+150.5% | $194.7M+13.3% | $171.9M |
| Retained Earnings | -$883.1M-240.3% | -$259.5M-10.9% | -$234.1M-285.7% | -$60.7M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Long-Term Debt.
SVIX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Operating Cash Flow | -$542.1M-64.6% | -$329.4M-63.7% | -$201.2M+13.3% | -$232.0M |
| Financing Cash Flow | $665.7M+104.5% | $325.6M+58.2% | $205.7M-11.5% | $232.5M |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
SVIX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Return on Equity | -114.8%-109.5pp | -5.2% | N/A | -35.3% |
| Return on Assets | -113.2%-108.2pp | -5.0% | N/A | -34.8% |
| Debt-to-Equity | 0.010.0x | 0.040.0x | 0.050.0x | 0.02 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, FCF Margin.
Where -1x Short VIX Futures ETF Ranks
Frequently Asked Questions
Is -1x Short VIX Futures ETF profitable?
No, -1x Short VIX Futures ETF (SVIX) reported a net income of -$623.5M in fiscal year 2025.
What is -1x Short VIX Futures ETF's return on equity (ROE)?
-1x Short VIX Futures ETF (SVIX) has a return on equity of -114.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is -1x Short VIX Futures ETF's operating cash flow?
-1x Short VIX Futures ETF (SVIX) recorded an outflow of $542.1M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are -1x Short VIX Futures ETF's total assets?
-1x Short VIX Futures ETF (SVIX) had $551.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What is -1x Short VIX Futures ETF's debt-to-equity ratio?
-1x Short VIX Futures ETF (SVIX) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is -1x Short VIX Futures ETF's return on assets (ROA)?
-1x Short VIX Futures ETF (SVIX) had a return on assets of -113.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is -1x Short VIX Futures ETF's cash runway?
Based on fiscal year 2025 data, -1x Short VIX Futures ETF (SVIX) had $124.8M in cash against an annual operating cash burn of $542.1M. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Are -1x Short VIX Futures ETF's earnings high quality?
-1x Short VIX Futures ETF (SVIX) reported a net loss of $623.5M while operations used $542.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.