VERITAS FARMS INC reported a net loss of $5.1M in fiscal year 2022. This represents an increase of 27.2% from the prior fiscal year. Over the trailing 12 months, Q4 FY2022 through Q3 FY2023, the same line adds up to a $5.8M net loss. The table below carries 8 fiscal years, from 2016 to 2022, and the quarters VERITAS FARMS INC has filed alongside them.
Annual figures, oldest first. Point at a bar to read its period.
VFRM Net Income by Fiscal Year
Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.
TTM is the trailing twelve months, Q4 FY2022 through Q3 FY2023, summed from the four most recent quarterly filings.
VFRM Net Income by Quarter
Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.
What net income means
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line.
More VERITAS FARMS INC financials
Frequently Asked Questions
What was VERITAS FARMS INC's net income in fiscal year 2022?
VERITAS FARMS INC reported a net loss of $5.1M in fiscal year 2022.
How fast is VERITAS FARMS INC's net income growing?
VERITAS FARMS INC (VFRM) net income rose by 27.2% year over year, from -$7.1M to -$5.1M in fiscal year 2022.
What is VERITAS FARMS INC's net income over the last twelve months?
VERITAS FARMS INC (VFRM) reported a $5.8M net loss over the trailing 12 months, Q4 FY2022 through Q3 FY2023, summed from the four most recent quarterly filings.
What was VERITAS FARMS INC's net income in the most recent quarter?
VERITAS FARMS INC (VFRM) reported -$1.1M in net income in Q3 2023. This represents a decrease of 15.9% from the same quarter a year earlier.
What does net income mean on a financial statement?
Net income is what is left of revenue once every cost is counted, interest and tax included, so a company can grow its sales and still report a loss on this line. This page lists what VERITAS FARMS INC (VFRM) reported on that line in every period on record.