What is Vanguard Green's earnings per share (EPS)?

Vanguard Green (VGES) reported diluted earnings per share of $-0.00 for fiscal year 2025. This represents a -225.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Vanguard Green Financials

VGES

Source SEC Filings (10-K/10-Q) Updated Apr 30, 2026 Currency USD FYE July

This page shows Vanguard Green (VGES) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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).

Rhea AI VGES FY2025 2026-04-22

Tiny assets and vanishing liquidity make this company look less like an operating engine today and more like a creditor-dependent entity.

FY2023's smaller loss did not come from healthier core economics: gross margin fell to 10.0% from 53.1%. Because the loss still narrowed, the visible mechanic is expense contraction overwhelming a weaker gross profit structure, so the improvement was defensive rather than evidence of a sturdier revenue base.

By FY2025, total assets were only $10K against $752K of liabilities, so the business is being shaped more by accumulated claims than by resources on hand. Current assets covered just 1.4% of current liabilities, down from 50.1% in FY2021, which shows liquidity compression far faster than the headline liability growth alone suggests.

Reported losses and cash burn did not move together consistently, which makes net income a weak guide to the company's real funding need and points to accounting items or working-capital swings as major drivers. In FY2022 it posted a loss of -$357K while operating cash flow was only -$4K negative, suggesting earnings quality cannot be judged from the loss line alone.

Financial Health Signals

Financial Profile 0/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Vanguard Green's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

Vanguard Green has elevated debt relative to equity (D/E of -1.01), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

Vanguard Green's current ratio of 0.01 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$-0.00

YoY-225.0%

Vanguard Green earned $-0.00 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 225.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$55

YoY-99.5%

5Y CAGR-65.3%

Vanguard Green held $55 in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

59M

YoY+0.0%

5Y CAGR+0.0%

Vanguard Green had 59M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

VGES Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	$121K+159.0%	$47K-28.1%	$65K-34.0%	$98K
Cost of Revenue	N/A	N/A	$109K+397.2%	$22K+27.1%	$17K+60.6%	$11K
Gross Profit	N/A	N/A	$12K-51.3%	$25K-48.0%	$48K-45.6%	$88K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	$68K-84.2%	$429K-7.5%	$464K-37.1%	$737K
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$11K	N/A	$10K+273.0%	$3K	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$26K+62.2%	-$69K+80.7%	-$357K+7.7%	-$387K+42.2%	-$669K
EPS (Diluted)	$-0.00-225.0%	$-0.00+96.0%	$-0.01-72.4%	$-0.01	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$18K	N/A	$15K	N/A	$9K-13.9%	$11K-17.0%	$13K	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	$2K	N/A	N/A	N/A	$3K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$19K	N/A	-$17K	N/A	N/A	-$13K+14.4%	-$16K	N/A
EPS (Diluted)	$-0.00+40.0%	$-0.00-66.7%	$-0.00	N/A	$-0.000.0%	$-0.00+33.3%	$-0.00	N/A

VGES Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$10K-36.1%	$16K+8.1%	$15K-92.0%	$183K-52.5%	$386K-52.3%	$810K
Current Assets	$10K-36.1%	$16K+64.1%	$10K-94.6%	$179K+1.6%	$176K-8.6%	$192K
Cash & Equivalents	$55-99.5%	$12K+356.1%	$3K+26.7%	$2K-62.0%	$5K-49.9%	$11K
Inventory	N/A	N/A	$1K-91.4%	$15K-60.5%	$39K-26.2%	$52K
Accounts Receivable	N/A	N/A	N/A	$121K	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$752K+10.6%	$679K+10.0%	$618K-14.8%	$725K+15.4%	$628K-12.2%	$715K
Current Liabilities	$723K+69.7%	$426K+5.9%	$403K-23.6%	$527K+50.1%	$351K-39.1%	$577K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$742K-11.8%	-$663K-10.1%	-$603K-11.3%	-$542K-123.8%	-$242K-356.8%	$94K
Retained Earnings	-$2.6M-3.1%	-$2.5M-0.7%	-$2.5M-2.5%	-$2.4M-16.4%	-$2.1M-19.5%	-$1.7M

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$17K+224.0%	$5K-49.7%	$10K-33.4%	$15K+706.0%	$2K-37.9%	$3K-80.8%	$16K-6.4%	$17K
Current Assets	$17K+224.0%	$5K-49.7%	$10K-33.4%	$15K+706.0%	$2K-37.9%	$3K-80.8%	$16K-6.4%	$17K
Cash & Equivalents	$550.0%	$550.0%	$55-40.9%	$930.0%	$93-53.5%	$200-98.3%	$12K-0.3%	$12K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$807K+3.9%	$777K+3.3%	$752K+1.6%	$740K+7.2%	$690K+1.5%	$680K+0.1%	$679K+2.2%	$665K
Current Liabilities	$801K+5.6%	$759K+4.9%	$723K+2.6%	$705K+26.9%	$555K+1.6%	$546K+28.2%	$426K+1.7%	$419K
Long-Term Debt	N/A	N/A	N/A	N/A	$136K+0.8%	$135K	N/A	$132K
Total Equity	-$791K-2.5%	-$772K-4.1%	-$742K-2.3%	-$725K-5.3%	-$688K-1.6%	-$677K-2.0%	-$663K-2.4%	-$648K
Retained Earnings	-$2.6M-0.7%	-$2.6M-1.2%	-$2.6M-0.7%	-$2.6M-1.4%	-$2.5M-0.4%	-$2.5M-0.5%	-$2.5M-0.6%	-$2.5M

VGES Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	N/A	N/A	-$64K-1423.6%	-$4K+97.3%	-$157K+60.2%	-$393K
Capital Expenditures	N/A	N/A	N/A	$42K+109.4%	$20K-89.0%	$182K
Free Cash Flow	N/A	N/A	N/A	-$46K+74.0%	-$177K+69.3%	-$575K
Investing Cash Flow	N/A	N/A	$17K+5526.3%	-$312-104.6%	$7K+103.2%	-$210K
Financing Cash Flow	N/A	N/A	$46K+408.9%	-$15K-109.5%	$157K-30.0%	$225K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	-$24K	N/A	-$8K+74.4%	-$30K-266.4%	-$8K	N/A	-$762+98.4%	-$46K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$24K	N/A	$8K	N/A	$8K	N/A	$727	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

VGES Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	10.0%-43.1pp	53.1%-20.4pp	73.5%-15.6pp	89.1%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	-56.9%+708.2pp	-765.1%-169.4pp	-595.8%+83.5pp	-679.3%
Return on Equity	N/A	N/A	N/A	N/A	N/A	-709.7%
Return on Assets	N/A	-163.6%+304.0pp	-467.6%-272.5pp	-195.1%-94.8pp	-100.3%-17.6pp	-82.6%
Current Ratio	0.01-0.0	0.04+0.0	0.02-0.3	0.34-0.2	0.50+0.2	0.33
Debt-to-Equity	-1.01+0.0	-1.020.0	-1.02+0.3	-1.34+1.3	-2.59-10.2	7.59
FCF Margin	N/A	N/A	N/A	-98.5%+173.4pp	-271.8%+312.5pp	-584.4%

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-115.1%	N/A	-167.2%	N/A	N/A	-440.0%-341.5pp	-98.5%	N/A
Current Ratio	0.02+0.0	0.010.0	0.010.0	0.02+0.0	0.000.0	0.01-0.0	0.040.0	0.04
Debt-to-Equity	-1.02-0.0	-1.010.0	-1.010.0	-1.02-0.8	-0.200.0	-0.20+0.8	-1.02-0.8	-0.20
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$742K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What are Vanguard Green's total assets?

Vanguard Green (VGES) had $10K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Vanguard Green have outstanding?

Vanguard Green (VGES) had 59M shares outstanding as of fiscal year 2025.

What is Vanguard Green's current ratio?

Vanguard Green (VGES) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Vanguard Green's debt-to-equity ratio?

Vanguard Green (VGES) had a debt-to-equity ratio of -1.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Why is Vanguard Green's debt-to-equity ratio negative or unusual?

Vanguard Green (VGES) has negative shareholder equity of -$742K as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

How financially healthy is Vanguard Green?

Vanguard Green (VGES) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.