What is Vemanti Group Inc's earnings per share (EPS)?

Vemanti Group Inc (VMNT) reported diluted earnings per share of $-0.02 for fiscal year 2023. 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.

Vemanti Group Inc Financials

VMNT

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2024 Currency USD FYE December

This page shows Vemanti Group Inc (VMNT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).

Financial Health Signals

Financial Profile 39/100

Based on FY2023 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Vemanti Group Inc has an operating margin of -1194.7%, meaning the company retains $-1195 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 -747.7% the prior year.

Growth

Vemanti Group Inc's revenue declined 11.3% year-over-year, from $139K to $123K. This contraction results in a growth score of 15/100.

Leverage

Vemanti Group Inc carries a low D/E ratio of 0.31, meaning only $0.31 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 4.23, Vemanti Group Inc holds $4.23 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 84/100.

Returns

Vemanti Group Inc generates a -19580.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -215.3% the prior year.

Piotroski F-Score Neutral

4/9

Vemanti Group Inc passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.25x

For every $1 of reported earnings, Vemanti Group Inc generates $0.25 in operating cash flow (-$371K OCF vs -$1.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-50.6x

Vemanti Group Inc earns $-50.6 in operating income for every $1 of interest expense (-$1.5M vs $29K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$123K

YoY-11.3%

Vemanti Group Inc generated $123K in revenue in fiscal year 2023. This represents a decrease of 11.3% from the prior year.

EBITDA

-$1.5M

YoY-41.8%

Vemanti Group Inc's EBITDA was -$1.5M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 41.8% from the prior year.

Net Income

-$1.5M

YoY-44.4%

Vemanti Group Inc reported -$1.5M in net income in fiscal year 2023. This represents a decrease of 44.4% from the prior year.

EPS (Diluted)

$-0.02

Vemanti Group Inc earned $-0.02 per diluted share (EPS) in fiscal year 2023. This represents a decrease of 100.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

YoY-100.0%

Vemanti Group Inc held $0 in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

Vemanti Group Inc had 1M shares outstanding in fiscal year 2023. This represents a decrease of 98.6% from the prior year.

Margins & Returns

Gross Margin

81.4%

YoY-1.9pp

Vemanti Group Inc's gross margin was 81.4% in fiscal year 2023, indicating the percentage of revenue retained after direct costs. This is down 1.9 percentage points from the prior year.

Operating Margin

-1194.7%

YoY-447.0pp

Vemanti Group Inc's operating margin was -1194.7% in fiscal year 2023, reflecting core business profitability. This is down 447.0 percentage points from the prior year.

Net Margin

-1218.0%

YoY-469.7pp

Vemanti Group Inc's net profit margin was -1218.0% in fiscal year 2023, showing the share of revenue converted to profit. This is down 469.7 percentage points from the prior year.

Return on Equity

-19580.4%

YoY-19365.1pp

Vemanti Group Inc's ROE was -19580.4% in fiscal year 2023, measuring profit generated per dollar of shareholder equity. This is down 19365.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

VMNT Income Statement

Metric	FY23	FY22	FY21	FY20
Revenue	$123K-11.3%	$139K-6.2%	$148K-8.8%	$162K
Cost of Revenue	$23K-1.2%	$23K+4.1%	$22K-38.2%	$36K
Gross Profit	$100K-13.3%	$116K-8.1%	$126K-0.4%	$126K
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	$1.3M+11.3%	$1.1M-34.7%	$1.7M+726.7%	$211K
Operating Income	-$1.5M-41.7%	-$1.0M+35.8%	-$1.6M-1814.6%	-$84K
Interest Expense	$29K	$0	N/A	N/A
Income Tax	$844-8.2%	$919+155.7%	-$2K-0.1%	-$2K
Net Income	-$1.5M-44.4%	-$1.0M+36.1%	-$1.6M-2014.0%	-$77K
EPS (Diluted)	$-0.02	$-0.01	$0.00	$0.00

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	$274K-52.8%	$579K	$0	N/A	$33K-20.8%	$42K	$0-100.0%	$30K
Cost of Revenue	N/A	N/A	$0	N/A	$6K+14.9%	$5K	$0-100.0%	$6K
Gross Profit	N/A	N/A	$0	N/A	$27K-26.0%	$37K	$0-100.0%	$24K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$198K-62.7%	$531K+425.6%	$101K	N/A	$231K-36.5%	$363K+4.3%	$348K+27.0%	$274K
Operating Income	$75K+54.7%	$49K+148.2%	-$101K	N/A	-$212K+36.7%	-$335K+6.1%	-$356K-38.1%	-$258K
Interest Expense	-$201K+9.2%	-$221K-2995.5%	-$7K	N/A	$7K+41.1%	$5K+501900.0%	-$1	N/A
Income Tax	$0	$0	$0	N/A	$844	N/A	$0-100.0%	$919
Net Income	-$128K+25.6%	-$172K-77.1%	-$97K	N/A	-$220K+35.2%	-$339K+4.5%	-$355K-36.4%	-$260K
EPS (Diluted)	N/A	N/A	N/A	N/A	$0.00	$0.00+100.0%	$-0.01	N/A

VMNT Balance Sheet

Metric	FY23	FY22	FY21	FY20
Total Assets	$10K-98.8%	$806K+28.2%	$629K+10.6%	$569K
Current Assets	$10K-98.0%	$501K+51.0%	$332K+23.2%	$269K
Cash & Equivalents	$0-100.0%	$258K-13.0%	$296K+21.5%	$243K
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	$9K+860.0%	$889-79.9%	$4K+260.7%	$1K
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$2K-99.3%	$324K-41.8%	$557K+32846.4%	$2K
Current Liabilities	$2K-99.3%	$324K-41.8%	$557K+32846.4%	$2K
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	$8K-98.4%	$482K+571.2%	$72K-87.3%	$567K
Retained Earnings	-$2K+99.9%	-$4.3M-31.6%	-$3.3M-98.0%	-$1.7M

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$204K-48.4%	$395K+156.4%	$154K+1438.4%	$10K-97.9%	$481K-19.1%	$594K-8.5%	$650K-19.4%	$806K
Current Assets	$204K-48.4%	$395K+156.4%	$154K+1438.4%	$10K-95.0%	$200K-34.5%	$305K-13.4%	$352K-29.7%	$501K
Cash & Equivalents	$21K+179.0%	$8K-86.6%	$57K	$0-100.0%	$181K-21.7%	$231K+16.5%	$198K-23.0%	$258K
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	$9K-54.5%	$19K+16.0%	$16K+509.9%	$3K+198.4%	$889
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$9.1M-1.3%	$9.2M+2645.6%	$335K+14004.8%	$2K-99.4%	$414K+7.8%	$384K-10.6%	$430K+32.8%	$324K
Current Liabilities	$4.8M+10.7%	$4.4M+1203.9%	$335K+14004.8%	$2K-99.4%	$414K+7.8%	$384K-10.6%	$430K+32.8%	$324K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$8.9M-0.9%	-$8.8M-4775.0%	-$180K-2455.5%	$8K-88.5%	$67K-68.2%	$210K-4.4%	$219K-54.5%	$482K
Retained Earnings	-$374K-52.0%	-$246K+95.8%	-$5.9M-252282.7%	-$2K+100.0%	-$5.2M-4.4%	-$5.0M-7.2%	-$4.7M-8.2%	-$4.3M

VMNT Cash Flow Statement

Metric	FY23	FY22	FY21	FY20
Operating Cash Flow	-$371K+2.8%	-$382K+20.0%	-$478K-534.1%	-$75K
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	$0-100.0%	$6K+158.9%	-$10K-105.0%	$200K
Financing Cash Flow	$250K-25.9%	$338K-37.5%	$540K	$0
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	$184K+44.2%	$128K+5777.9%	-$2K+94.9%	-$44K+11.3%	-$50K+76.7%	-$215K-248.8%	-$62K-1.1%	-$61K
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	$0	N/A	N/A	$0	$0	N/A	N/A	$0
Financing Cash Flow	-$171K	N/A	N/A	$0	$0	N/A	N/A	$0
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

VMNT Financial Ratios

Metric	FY23	FY22	FY21	FY20
Gross Margin	81.4%-1.9pp	83.3%-1.7pp	85.0%+7.2pp	77.8%
Operating Margin	-1194.7%-447.0pp	-747.7%+344.7pp	-1092.4%-1040.4pp	-52.0%
Net Margin	-1218.0%-469.7pp	-748.4%+350.1pp	-1098.4%-1051.1pp	-47.4%
Return on Equity	-19580.4%-19365.1pp	-215.3%+2046.7pp	-2262.1%-2248.5pp	-13.6%
Return on Assets	-14948.4%-14819.6pp	-128.8%+129.7pp	-258.5%-245.0pp	-13.5%
Current Ratio	4.23+2.7	1.55+0.9	0.60-158.7	159.30
Debt-to-Equity	0.31-0.4	0.67-7.1	7.75+7.7	0.00
FCF Margin	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	N/A	N/A	N/A	N/A	81.4%-5.8pp	87.2%	N/A	80.7%
Operating Margin	27.6%+19.1pp	8.4%	N/A	N/A	-637.7%+160.7pp	-798.4%	N/A	-863.9%
Net Margin	-46.8%-17.1pp	-29.7%	N/A	N/A	-661.6%+147.3pp	-808.8%	N/A	-872.0%
Return on Equity	N/A	N/A	N/A	N/A	-329.5%-167.9pp	-161.6%+0.3pp	-161.9%-107.9pp	-54.0%
Return on Assets	-62.8%-19.3pp	-43.5%+19.5pp	-63.0%	N/A	-45.7%+11.4pp	-57.0%-2.4pp	-54.7%-22.4pp	-32.3%
Current Ratio	0.04-0.0	0.09-0.4	0.46-3.8	4.23+3.7	0.48-0.3	0.79-0.0	0.82-0.7	1.55
Debt-to-Equity	-1.02+0.0	-1.04+0.8	-1.86-2.2	0.31-5.9	6.22+4.4	1.83-0.1	1.96+1.3	0.67
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Vemanti Group Inc's annual revenue?

Vemanti Group Inc (VMNT) reported $123K in total revenue for fiscal year 2023. This represents a -11.3% 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 Vemanti Group Inc's revenue growing?

Vemanti Group Inc (VMNT) revenue declined by 11.3% year-over-year, from $139K to $123K in fiscal year 2023.

Is Vemanti Group Inc profitable?

No, Vemanti Group Inc (VMNT) reported a net income of -$1.5M in fiscal year 2023, with a net profit margin of -1218.0%.

What is Vemanti Group Inc's EBITDA?

Vemanti Group Inc (VMNT) had EBITDA of -$1.5M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

What is Vemanti Group Inc's gross margin?

Vemanti Group Inc (VMNT) had a gross margin of 81.4% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

What is Vemanti Group Inc's operating margin?

Vemanti Group Inc (VMNT) had an operating margin of -1194.7% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

What is Vemanti Group Inc's net profit margin?

Vemanti Group Inc (VMNT) had a net profit margin of -1218.0% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

What is Vemanti Group Inc's return on equity (ROE)?

Vemanti Group Inc (VMNT) has a return on equity of -19580.4% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.

What is Vemanti Group Inc's operating cash flow?

Vemanti Group Inc (VMNT) generated -$371K in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Vemanti Group Inc's total assets?

Vemanti Group Inc (VMNT) had $10K in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does Vemanti Group Inc have outstanding?

Vemanti Group Inc (VMNT) had 1M shares outstanding as of fiscal year 2023.

What is Vemanti Group Inc's current ratio?

Vemanti Group Inc (VMNT) had a current ratio of 4.23 as of fiscal year 2023, which is generally considered healthy.

What is Vemanti Group Inc's debt-to-equity ratio?

Vemanti Group Inc (VMNT) had a debt-to-equity ratio of 0.31 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Vemanti Group Inc's return on assets (ROA)?

Vemanti Group Inc (VMNT) had a return on assets of -14948.4% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

What is Vemanti Group Inc's cash runway?

Based on fiscal year 2023 data, Vemanti Group Inc (VMNT) had $0 in cash against an annual operating cash burn of $371K. 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.

What is Vemanti Group Inc's Piotroski F-Score?

Vemanti Group Inc (VMNT) has a Piotroski F-Score of 4 out of 9, indicating neutral 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 Vemanti Group Inc's earnings high quality?

Vemanti Group Inc (VMNT) has an earnings quality ratio of 0.25x, 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 Vemanti Group Inc cover its interest payments?

Vemanti Group Inc (VMNT) has an interest coverage ratio of -50.6x, 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 Vemanti Group Inc?

Vemanti Group Inc (VMNT) scores 39 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.