Vemanti Group Inc Financials
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).
High gross margins were overwhelmed by fixed overhead, leaving the business reliant on external cash rather than operating scale.
Between FY2021 and FY2022, revenue stayed under$150K while SG&A stayed above$1.1M , so the narrower loss came from cost trimming rather than the business reaching self-funding scale. That points to a volume problem relative to overhead, not weak direct service economics.
FY2022 looked less balance-sheet constrained than FY2021—liabilities fell by
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
Based on FY2023 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 Vemanti Group 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.
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.
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.
Key Financial Metrics
Earnings & Revenue
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
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.
Margins & Returns
Capital Allocation
VMNT Income Statement
| 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 | 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 | 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 | 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 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.
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.
How financially healthy is Vemanti Group Inc?
Vemanti Group Inc (VMNT) scores 30 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.