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).
Flat sales are masking a sharp unit-economics reset, with working-capital release temporarily softening the cash impact.
From FY2023 to FY2024, revenue stayed near$27.7M while gross margin fell to25.1% , so the business produced far less gross profit from essentially the same sales base. Yet operating cash burn improved to-$6.8M even as operating loss widened to-$21.5M , which suggests cash relief came from releasing working capital rather than from healthier operating economics.
The balance sheet remains short-term solvent at 2.6x current coverage, but that cushion has narrowed from 5.7x as cash and other current assets were drawn down. Because liabilities reached
This is not a capex-heavy story: capital spending was only
Financial Health Signals
We are recalculating Vislink Technologies Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Vislink Technologies Inc scores -18.23, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($6.9M) relative to total liabilities ($9.0M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Vislink Technologies Inc passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 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.
Key Financial Metrics
Earnings & Revenue
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 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.
Cash & Balance Sheet
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 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.
Margins & Returns
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's ROE was -119.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 94.5 percentage points from the prior year.
Capital Allocation
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) | N/A | $-1.22-31.2% | $-0.93-138.5% | $-0.39 | N/A | $-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 | -82.9%-73.5pp | -9.4%-2.8pp | -6.6%-4.0pp | -2.6%+3.8pp | -6.4%-1.3pp | -5.1%+2.4pp | -7.4%-3.4pp | -4.1% |
| 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 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 return on equity (ROE)?
Vislink Technologies Inc (VISL) has a return on equity of -119.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
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.
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 Altman Z-Score?
Vislink Technologies Inc (VISL) has an Altman Z-Score of -18.23, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Vislink Technologies Inc's Piotroski F-Score?
Vislink Technologies Inc (VISL) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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.