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
We are recalculating Vemanti Group 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.
Key Financial Metrics
Earnings & Revenue
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.
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.