What is VIP PLAY INC's earnings per share (EPS)?

VIP PLAY INC (VIPZ) reported diluted earnings per share of $-0.26 for fiscal year 2025. This represents a 52.7% 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.

VIP PLAY INC Financials

VIPZ

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE June

This page shows VIP PLAY INC (VIPZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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 VIPZ FY2025 2026-05-15

VIP Play is operating on external financing as cash burn and balance-sheet strain overwhelm its asset base.

In FY2025, financing inflows of $11.4M only slightly exceeded operating cash burn of $10.4M. Because cash still ended at just $163K after another large burn year, new capital appears to be replacing cash consumed by the business rather than rebuilding liquidity.

The balance sheet weakened even as funding kept coming in: total assets fell to $3.7M by FY2025, while negative equity widened to -$31.8M. That means future funding has to support both day-to-day operations and a much thinner asset cushion, shifting the challenge from growth to balance-sheet repair.

Short-term pressure looks structural because the current ratio was just 0.1x in FY2025 and cash covered only a small fraction of near-term obligations. Seen across FY2023-FY2025, that persistent sub-1.0x posture suggests the company has been relying on refinancing or new funding to meet bills as they come due.

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 VIP PLAY INC'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

VIP PLAY INC has elevated debt relative to equity (D/E of -1.12), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

VIP PLAY INC's current ratio of 0.08 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)

$-0.26

YoY+52.7%

VIP PLAY INC earned $-0.26 per diluted share (EPS) in fiscal year 2025. This represents an increase of 52.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$163K

YoY-26.5%

5Y CAGR+33.9%

VIP PLAY INC held $163K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

73M

YoY+2.0%

VIP PLAY INC had 73M shares outstanding in fiscal year 2025. This represents an increase of 2.0% 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

VIPZ Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	$78K+66.2%	$47K+75.5%	$27K
Cost of Revenue	$510K-61.4%	$1.3M+2720.1%	$47K-25.9%	$63K+43.8%	$44K+76.8%	$25K
Gross Profit	-$596K+83.5%	-$3.6M-4229.6%	-$84K-648.8%	$15K+370.2%	$3K+60.0%	$2K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2.6M-11.1%	$2.9M+54.3%	$1.9M+391.6%	$383K+682.6%	$49K+557.2%	$7K
Operating Income	N/A	N/A	N/A	N/A	-$46K	N/A
Interest Expense	$97K-50.5%	$195K+81122.5%	$240-93.1%	$4K-41.6%	$6K	N/A
Income Tax	N/A	N/A	N/A	$0	$0	$0
Net Income	N/A	-$30.4M-168.0%	-$11.3M	N/A	-$52K-580.1%	-$8K
EPS (Diluted)	$-0.26+52.7%	$-0.55-71.9%	$-0.32-1500.0%	$-0.02	N/A	N/A

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$102K+41.7%	$72K+1340.0%	$5K	N/A	$1K-95.5%	$22K	N/A	N/A
Cost of Revenue	$415K+55.4%	$267K+39.8%	$191K	N/A	$143K+32.4%	$108K+12.5%	$96K	N/A
Gross Profit	-$313K-60.5%	-$195K-4.8%	-$186K	N/A	-$142K-65.1%	-$86K+14.0%	-$100K	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$503K-14.6%	$589K-26.7%	$803K	N/A	$456K-30.0%	$651K-34.2%	$989K	N/A
Operating Income	-$2.4M-0.6%	-$2.4M+16.6%	-$2.9M	N/A	-$2.0M	N/A	-$2.6M	N/A
Interest Expense	$3K-62.5%	$8K-38.5%	$13K	N/A	$22K-15.4%	$26K-16.1%	$31K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$11.4M-247.1%	$7.8M+323.1%	-$3.5M	N/A	-$5.2M+13.1%	-$5.9M-11.1%	-$5.3M	N/A
EPS (Diluted)	$-0.16-328.6%	$0.07+240.0%	$-0.05	N/A	$-0.07+12.5%	$-0.08-14.3%	$-0.07	N/A

VIPZ Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$3.7M-59.9%	$9.4M-38.9%	$15.3M+19564.3%	$78K-28.3%	$109K+30.0%	$84K
Current Assets	$2.9M+129.6%	$1.2M-19.6%	$1.5M+1931.1%	$76K-28.7%	$107K+28.2%	$84K
Cash & Equivalents	$163K-26.5%	$222K-33.6%	$334K+404.2%	$66K-25.2%	$89K+133.6%	$38K
Inventory	N/A	N/A	N/A	$992-88.1%	$8K-81.5%	$45K
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	$0	N/A	N/A
Total Liabilities	$35.5M+57.6%	$22.5M+43.2%	$15.7M+2465.3%	$613K+451.0%	$111K+46.3%	$76K
Current Liabilities	$35.5M+61.2%	$22.0M+48.0%	$14.9M+2326.7%	$613K+451.0%	$111K+46.3%	$76K
Long-Term Debt	N/A	$1.1M	N/A	N/A	N/A	N/A
Total Equity	-$31.8M-132.7%	-$13.7M-3053.5%	-$433K+19.2%	-$536K-19347.7%	-$3K-137.2%	$7K
Retained Earnings	-$63.1M-45.1%	-$43.5M-231.6%	-$13.1M-1592.3%	-$775K-1208.8%	-$59K-680.1%	-$8K

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$3.8M-2.8%	$3.9M+2.6%	$3.8M+0.9%	$3.7M+63.0%	$2.3M+86.5%	$1.2M-84.9%	$8.2M-12.6%	$9.4M
Current Assets	$2.8M-2.0%	$2.8M+2.6%	$2.8M-3.1%	$2.9M+61.8%	$1.8M+92.8%	$917K-14.1%	$1.1M-14.3%	$1.2M
Cash & Equivalents	$23K-90.5%	$241K-22.5%	$311K+90.8%	$163K+79.1%	$91K+23.0%	$74K-78.4%	$342K+54.2%	$222K
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	$42.3M+35.8%	$31.2M-20.0%	$39.0M+9.7%	$35.5M+11.9%	$31.7M+23.9%	$25.6M-3.6%	$26.6M+17.9%	$22.5M
Current Liabilities	$42.3M+35.8%	$31.2M-18.4%	$38.2M+7.5%	$35.5M+14.3%	$31.1M+25.1%	$24.8M-5.3%	$26.2M+19.1%	$22.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1.1M
Total Equity	-$38.6M-41.3%	-$27.3M+22.5%	-$35.2M-10.8%	-$31.8M-7.9%	-$29.4M-20.8%	-$24.4M-28.7%	-$18.9M-38.7%	-$13.7M
Retained Earnings	-$70.3M-19.4%	-$58.8M+10.6%	-$65.8M-4.3%	-$63.1M-5.7%	-$59.7M-9.3%	-$54.6M-12.0%	-$48.8M-12.1%	-$43.5M

VIPZ Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$10.4M+7.7%	-$11.3M-66.3%	-$6.8M-2321.7%	-$281K-2655.8%	-$10K+53.9%	-$22K
Capital Expenditures	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
Investing Cash Flow	-$1.0M-114.4%	-$477K+72.0%	-$1.7M	$0	$0	$0
Financing Cash Flow	$11.4M-3.6%	$11.9M+35.1%	$8.8M+3302.7%	$258K+324.6%	$61K+1.4%	$60K
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	-$2.3M+9.4%	-$2.5M-0.8%	-$2.5M	N/A	-$3.0M-19.0%	-$2.5M-10.2%	-$2.3M	N/A
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	-$73K+42.5%	-$127K+38.3%	-$206K	N/A	-$389K-206.3%	-$127K-13.4%	-$112K	N/A
Financing Cash Flow	$2.1M-12.6%	$2.4M-11.5%	$2.7M	N/A	$3.4M+44.8%	$2.3M-6.3%	$2.5M	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

VIPZ Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	19.4%+12.6pp	6.9%-0.7pp	7.5%
Operating Margin	N/A	N/A	N/A	N/A	-96.8%	N/A
Net Margin	N/A	N/A	N/A	N/A	-109.5%-81.2pp	-28.3%
Return on Equity	N/A	N/A	N/A	N/A	N/A	-102.5%
Return on Assets	N/A	-325.0%-250.9pp	-74.1%	N/A	-47.6%-38.5pp	-9.1%
Current Ratio	0.08+0.0	0.06-0.0	0.10-0.0	0.12-0.8	0.96-0.1	1.10
Debt-to-Equity	-1.12-1.0	-0.08+36.3	-36.34-35.2	-1.15+39.3	-40.42-50.7	10.27
FCF Margin	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
Gross Margin	-306.9%-36.0pp	-270.8%+3449.2pp	-3720.0%	N/A	-14200.0%-13809.1pp	-390.9%	N/A	N/A
Operating Margin	-2358.8%+962.0pp	-3320.8%+54019.2pp	-57340.0%	N/A	-196700.0%	N/A	N/A	N/A
Net Margin	-11199.0%-21986.5pp	10787.5%+80407.5pp	-69620.0%	N/A	-515300.0%-488331.8pp	-26968.2%	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	-303.3%-503.7pp	200.4%+292.5pp	-92.1%	N/A	-224.3%+257.4pp	-481.7%-416.4pp	-65.3%	N/A
Current Ratio	0.07-0.0	0.09+0.0	0.070.0	0.08+0.0	0.06+0.0	0.040.0	0.04-0.0	0.06
Debt-to-Equity	-1.10+0.0	-1.14-0.0	-1.11+0.0	-1.12-0.0	-1.08-0.0	-1.05+0.4	-1.40-1.3	-0.08
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$31.8M), 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 (0.08), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is VIP PLAY INC's operating cash flow?

VIP PLAY INC (VIPZ) generated -$10.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are VIP PLAY INC's total assets?

VIP PLAY INC (VIPZ) had $3.7M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does VIP PLAY INC have outstanding?

VIP PLAY INC (VIPZ) had 73M shares outstanding as of fiscal year 2025.

What is VIP PLAY INC's current ratio?

VIP PLAY INC (VIPZ) had a current ratio of 0.08 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is VIP PLAY INC's debt-to-equity ratio?

VIP PLAY INC (VIPZ) had a debt-to-equity ratio of -1.12 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is VIP PLAY INC's cash runway?

Based on fiscal year 2025 data, VIP PLAY INC (VIPZ) had $163K in cash against an annual operating cash burn of $10.4M. This gives an estimated cash runway of approximately 0 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.

Why is VIP PLAY INC's debt-to-equity ratio negative or unusual?

VIP PLAY INC (VIPZ) has negative shareholder equity of -$31.8M 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 VIP PLAY INC?

VIP PLAY INC (VIPZ) 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.