Vemanti Group Inc Financials
Financial Health Signals
Based on FY2023 annual data. Scores normalized against common benchmarks. How we calculate these scores
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.
Vemanti Group Inc's revenue declined 11.3% year-over-year, from $139K to $123K. This contraction results in a growth score of 0/100.
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 100/100, indicating a strong balance sheet with room for future borrowing.
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 100/100.
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.
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.
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.
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).
Key Financial Metrics
Vemanti Group Inc generated $123K in revenue in fiscal year 2023. This represents a decrease of 11.3% from the prior year.
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.
Vemanti Group Inc reported -$1.5M in net income in fiscal year 2023. This represents a decrease of 44.4% from the prior year.
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.
Vemanti Group Inc held $0 in cash against $0 in long-term debt as of fiscal year 2023.
Vemanti Group Inc had 1M shares outstanding in fiscal year 2023. This represents a decrease of 98.6% from the prior year.
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.
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.
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.
VMNT Income Statement
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $274K-52.8% | $579K | $0-100.0% | $48K+14.5% | $42K | $0-100.0% | $30K-15.0% | $35K |
| Cost of Revenue | N/A | N/A | $0-100.0% | $11K+111.9% | $5K | $0-100.0% | $6K+10.1% | $5K |
| Gross Profit | N/A | N/A | $0-100.0% | $37K+0.2% | $37K | $0-100.0% | $24K-19.3% | $30K |
| 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-68.7% | $323K-11.1% | $363K+4.3% | $348K+27.0% | $274K+14.3% | $240K |
| Operating Income | $75K+54.7% | $49K+148.2% | -$101K+82.2% | -$568K-69.7% | -$335K+6.1% | -$356K-38.1% | -$258K-18.3% | -$218K |
| Interest Expense | -$201K+9.2% | -$221K-2995.5% | -$7K-142.1% | $17K+237.8% | $5K+501900.0% | -$1 | N/A | $19 |
| Income Tax | $0 | $0 | $0-100.0% | $844 | N/A | $0-100.0% | $919 | $0 |
| Net Income | -$128K+25.6% | -$172K-77.1% | -$97K+83.4% | -$585K-72.7% | -$339K+4.5% | -$355K-36.4% | -$260K-19.9% | -$217K |
| EPS (Diluted) | N/A | N/A | N/A | $-0.01 | $0.00+100.0% | $-0.010.0% | $-0.01 | $0.00 |
VMNT Balance Sheet
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $204K-48.4% | $395K+156.4% | $154K+1438.4% | $10K-98.3% | $594K-8.5% | $650K-19.4% | $806K-8.3% | $879K |
| Current Assets | $204K-48.4% | $395K+156.4% | $154K+1438.4% | $10K-96.7% | $305K-13.4% | $352K-29.7% | $501K-11.4% | $565K |
| Cash & Equivalents | $21K+179.0% | $8K-86.6% | $57K | $0-100.0% | $231K+16.5% | $198K-23.0% | $258K-19.1% | $318K |
| 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-47.3% | $16K+509.9% | $3K+198.4% | $889-93.1% | $13K |
| 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% | $384K-10.6% | $430K+32.8% | $324K-43.8% | $576K |
| Current Liabilities | $4.8M+10.7% | $4.4M+1203.9% | $335K+14004.8% | $2K-99.4% | $384K-10.6% | $430K+32.8% | $324K-43.8% | $576K |
| 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-96.4% | $210K-4.4% | $219K-54.5% | $482K+59.4% | $302K |
| Retained Earnings | -$374K-52.0% | -$246K+95.8% | -$5.9M-252282.7% | -$2K+100.0% | -$5.0M-7.2% | -$4.7M-8.2% | -$4.3M-6.4% | -$4.1M |
VMNT Cash Flow Statement
| Metric | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $184K+44.2% | $128K+5777.9% | -$2K+94.9% | -$44K+79.3% | -$215K-248.8% | -$62K-1.1% | -$61K+48.0% | -$117K |
| 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 | N/A | N/A | $0 | $0 |
| Financing Cash Flow | -$171K | N/A | N/A | $0 | N/A | N/A | $0 | $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 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | 76.3%-10.9pp | 87.2% | N/A | 80.7%-4.4pp | 85.1% |
| Operating Margin | 27.6%+19.1pp | 8.4% | N/A | -1183.7%-385.3pp | -798.4% | N/A | -863.9%-242.7pp | -621.2% |
| Net Margin | -46.8%-17.1pp | -29.7% | N/A | -1220.4%-411.5pp | -808.8% | N/A | -872.0%-253.3pp | -618.8% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -62.8%-19.3pp | -43.5%+19.5pp | -63.0%+5774.2pp | -5837.2%-5780.1pp | -57.0%-2.4pp | -54.7%-22.4pp | -32.3%-7.6pp | -24.7% |
| Current Ratio | 0.04-0.0 | 0.09-0.4 | 0.46-3.8 | 4.23+3.4 | 0.79-0.0 | 0.82-0.7 | 1.55+0.6 | 0.98 |
| Debt-to-Equity | -1.02+0.0 | -1.04+0.8 | -1.86-2.2 | 0.31-1.5 | 1.83-0.1 | 1.96+1.3 | 0.67-1.2 | 1.91 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Similar Companies
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 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.
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 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 50 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.