Vislink Technologies Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Vislink Technologies Inc has an operating margin of -77.6%, meaning the company retains $-78 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -38.6% the prior year.
Vislink Technologies Inc's revenue grew a modest 0.9% year-over-year to $27.7M. This slow but positive growth earns a score of 31/100.
Vislink Technologies Inc carries a low D/E ratio of 0.52, meaning only $0.52 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.58, Vislink Technologies Inc holds $2.58 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 83/100.
While Vislink Technologies Inc generated -$6.8M in operating cash flow, capex of $519K consumed most of it, leaving -$7.4M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Vislink Technologies Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Vislink Technologies Inc generates $0.33 in operating cash flow (-$6.8M OCF vs -$20.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Vislink Technologies Inc earns $-71.7 in operating income for every $1 of interest expense (-$21.5M vs $300K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Vislink Technologies Inc (VISL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).
Key Financial Metrics
Vislink Technologies Inc generated $27.7M in revenue in fiscal year 2024. This represents an increase of 0.9% from the prior year.
Vislink Technologies Inc's EBITDA was -$20.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 116.3% from the prior year.
Vislink Technologies Inc generated -$7.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 29.5% from the prior year.
Vislink Technologies Inc reported -$20.5M in net income in fiscal year 2024. This represents a decrease of 124.6% from the prior year.
Vislink Technologies Inc earned $-8.35 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 118.0% from the prior year.
Vislink Technologies Inc held $5.5M in cash against $0 in long-term debt as of fiscal year 2024.
Vislink Technologies Inc had 2M shares outstanding in fiscal year 2024. This represents an increase of 1.1% from the prior year.
Vislink Technologies Inc's gross margin was 25.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 24.5 percentage points from the prior year.
Vislink Technologies Inc's operating margin was -77.6% in fiscal year 2024, reflecting core business profitability. This is down 39.0 percentage points from the prior year.
Vislink Technologies Inc's net profit margin was -73.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 40.7 percentage points from the prior year.
Vislink Technologies Inc invested $4.6M in research and development in fiscal year 2024. This represents an increase of 30.6% from the prior year.
Vislink Technologies Inc invested $519K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 25.6% from the prior year.
VISL Income Statement
| Metric | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.4M-52.4% | $7.1M-18.8% | $8.7M+1.2% | $8.6M+6.5% | $8.1M+12.4% | $7.2M+42.4% | $5.0M-29.8% | $7.2M |
| 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 | $1.6M+41.0% | $1.2M+20.1% | $966K+20.9% | $799K-21.1% | $1.0M+25.8% | $805K-11.3% | $908K+18.4% | $767K |
| SG&A Expenses | $5.3M+5.6% | $5.0M-14.7% | $5.9M+11.8% | $5.3M+8.6% | $4.9M+1.7% | $4.8M+2.4% | $4.7M-6.9% | $5.0M |
| Operating Income | -$14.1M-332.1% | -$3.3M-27.1% | -$2.6M-60.5% | -$1.6M+37.9% | -$2.6M-12.4% | -$2.3M+32.3% | -$3.4M-44.1% | -$2.3M |
| Interest Expense | -$5.9M-198.0% | $6.0M+6796.6% | $87K-4.4% | $91K+1720.0% | $5K-97.5% | $202K-8.2% | $220K+65.4% | $133K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$14.3M-374.2% | -$3.0M-32.6% | -$2.3M-139.5% | -$948K+60.1% | -$2.4M-20.5% | -$2.0M+34.9% | -$3.0M-72.4% | -$1.8M |
| EPS (Diluted) | $-5.81-376.2% | $-1.22-31.2% | $-0.93-138.5% | $-0.39+60.6% | $-0.99-19.3% | $-0.83+34.6% | $-1.27 | $-0.74 |
VISL Balance Sheet
| Metric | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $26.2M-35.2% | $40.4M-9.3% | $44.6M-3.1% | $46.0M+2.2% | $45.0M-5.8% | $47.8M-3.9% | $49.7M-2.5% | $51.0M |
| Current Assets | $21.3M-38.6% | $34.7M-9.2% | $38.2M-2.9% | $39.4M+2.3% | $38.5M-6.5% | $41.1M-4.6% | $43.1M-2.5% | $44.2M |
| Cash & Equivalents | $5.5M+71.2% | $3.2M-43.1% | $5.6M-29.0% | $8.0M-6.2% | $8.5M+17.2% | $7.2M-34.0% | $11.0M-21.9% | $14.0M |
| Inventory | $7.6M-50.5% | $15.3M+2.6% | $14.9M+0.1% | $14.9M+6.0% | $14.0M+3.6% | $13.5M+2.7% | $13.2M+9.9% | $12.0M |
| Accounts Receivable | $6.0M-27.8% | $8.3M-13.3% | $9.5M+5.6% | $9.0M+3.9% | $8.7M+17.2% | $7.4M+28.9% | $5.7M-10.0% | $6.4M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $9.0M+6.6% | $8.4M-18.5% | $10.3M+8.3% | $9.5M+19.1% | $8.0M-12.3% | $9.1M+0.6% | $9.1M+16.6% | $7.8M |
| Current Liabilities | $8.3M+8.8% | $7.6M-17.7% | $9.2M+12.6% | $8.2M+22.3% | $6.7M-13.0% | $7.7M+3.0% | $7.5M+23.7% | $6.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $17.2M-46.2% | $32.0M-6.6% | $34.2M-6.1% | $36.4M-1.4% | $37.0M-4.3% | $38.6M-4.9% | $40.6M-5.9% | $43.2M |
| Retained Earnings | -$329.7M-4.5% | -$315.5M-1.0% | -$312.4M-0.7% | -$310.2M-0.3% | -$309.2M-0.8% | -$306.9M-0.6% | -$304.9M-1.0% | -$301.9M |
VISL Cash Flow Statement
| Metric | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.8M-23.3% | -$2.3M-43.6% | -$1.6M-1703.4% | -$89K+97.6% | -$3.8M-34.2% | -$2.8M-7.9% | -$2.6M-330.6% | -$602K |
| Capital Expenditures | $0-100.0% | $177K-11.1% | $199K+39.2% | $143K-27.0% | $196K+142.0% | $81K-66.8% | $244K+37.9% | $177K |
| Free Cash Flow | -$2.8M-14.5% | -$2.5M-37.6% | -$1.8M-677.6% | -$232K+94.1% | -$4.0M-37.3% | -$2.9M-1.5% | -$2.8M-264.1% | -$779K |
| Investing Cash Flow | $5.0M+2924.9% | -$177K+11.1% | -$199K-40.1% | -$142K-102.9% | $4.8M+1481.1% | -$350K-43.4% | -$244K+97.8% | -$10.9M |
| Financing Cash Flow | -$174K-4.8% | -$166K | N/A | N/A | -$198K-1.0% | -$196K-51.9% | -$129K-53.6% | -$84K |
| 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 |
VISL Financial Ratios
| Metric | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -418.9%-372.7pp | -46.1%-16.7pp | -29.5%-10.9pp | -18.6%+13.3pp | -31.9%0.0pp | -31.9%+35.2pp | -67.1%-34.4pp | -32.7% |
| Net Margin | -424.4%-381.8pp | -42.6%-16.5pp | -26.1%-15.1pp | -11.0%+18.4pp | -29.4%-2.0pp | -27.4%+32.6pp | -60.0%-35.6pp | -24.4% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -54.5%-47.1pp | -7.4%-2.4pp | -5.1%-3.0pp | -2.1%+3.2pp | -5.3%-1.1pp | -4.1%+2.0pp | -6.1%-2.6pp | -3.5% |
| Current Ratio | 2.58-2.0 | 4.56+0.4 | 4.14-0.7 | 4.79-0.9 | 5.73+0.4 | 5.33-0.4 | 5.76-1.5 | 7.30 |
| Debt-to-Equity | 0.52+0.3 | 0.26-0.0 | 0.30+0.0 | 0.26+0.0 | 0.22-0.0 | 0.24+0.0 | 0.22+0.0 | 0.18 |
| FCF Margin | -84.5%-49.4pp | -35.1%-14.4pp | -20.7%-18.0pp | -2.7%+46.3pp | -49.0%-8.9pp | -40.1%+16.1pp | -56.2%-45.4pp | -10.8% |
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Frequently Asked Questions
What is Vislink Technologies Inc's annual revenue?
Vislink Technologies Inc (VISL) reported $27.7M in total revenue for fiscal year 2024. This represents a 0.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Vislink Technologies Inc's revenue growing?
Vislink Technologies Inc (VISL) revenue grew by 0.9% year-over-year, from $27.5M to $27.7M in fiscal year 2024.
Is Vislink Technologies Inc profitable?
No, Vislink Technologies Inc (VISL) reported a net income of -$20.5M in fiscal year 2024, with a net profit margin of -73.9%.
What is Vislink Technologies Inc's earnings per share (EPS)?
Vislink Technologies Inc (VISL) reported diluted earnings per share of $-8.35 for fiscal year 2024. This represents a -118.0% 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.
What is Vislink Technologies Inc's EBITDA?
Vislink Technologies Inc (VISL) had EBITDA of -$20.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Vislink Technologies Inc's gross margin?
Vislink Technologies Inc (VISL) had a gross margin of 25.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Vislink Technologies Inc's operating margin?
Vislink Technologies Inc (VISL) had an operating margin of -77.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Vislink Technologies Inc's net profit margin?
Vislink Technologies Inc (VISL) had a net profit margin of -73.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Vislink Technologies Inc's free cash flow?
Vislink Technologies Inc (VISL) generated -$7.4M in free cash flow during fiscal year 2024. This represents a 29.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Vislink Technologies Inc's operating cash flow?
Vislink Technologies Inc (VISL) generated -$6.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Vislink Technologies Inc's total assets?
Vislink Technologies Inc (VISL) had $26.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Vislink Technologies Inc's capital expenditures?
Vislink Technologies Inc (VISL) invested $519K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Vislink Technologies Inc spend on research and development?
Vislink Technologies Inc (VISL) invested $4.6M in research and development during fiscal year 2024.
How many shares does Vislink Technologies Inc have outstanding?
Vislink Technologies Inc (VISL) had 2M shares outstanding as of fiscal year 2024.
What is Vislink Technologies Inc's current ratio?
Vislink Technologies Inc (VISL) had a current ratio of 2.58 as of fiscal year 2024, which is generally considered healthy.
What is Vislink Technologies Inc's debt-to-equity ratio?
Vislink Technologies Inc (VISL) had a debt-to-equity ratio of 0.52 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Vislink Technologies Inc's return on assets (ROA)?
Vislink Technologies Inc (VISL) had a return on assets of -78.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Vislink Technologies Inc's cash runway?
Based on fiscal year 2024 data, Vislink Technologies Inc (VISL) had $5.5M in cash against an annual operating cash burn of $6.8M. This gives an estimated cash runway of approximately 10 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.
What is Vislink Technologies Inc's Piotroski F-Score?
Vislink Technologies Inc (VISL) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Vislink Technologies Inc's earnings high quality?
Vislink Technologies Inc (VISL) has an earnings quality ratio of 0.33x, considered low quality (accrual-driven). 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.
Can Vislink Technologies Inc cover its interest payments?
Vislink Technologies Inc (VISL) has an interest coverage ratio of -71.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Vislink Technologies Inc?
Vislink Technologies Inc (VISL) scores 41 out of 100 on our Financial Profile, indicating moderate 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.