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Vnue Inc Financials

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

This page shows Vnue Inc (VNUE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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

Piotroski F-Score Neutral
4/9

Vnue Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Low Quality
0.95x

For every $1 of reported earnings, Vnue Inc generates $0.95 in operating cash flow (-$1.1M OCF vs -$1.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$529K
YoY+47.4%
5Y CAGR+44.9%

Vnue Inc generated $529K in revenue in fiscal year 2023. This represents an increase of 47.4% from the prior year.

EBITDA
-$1.4M
YoY+93.6%

Vnue Inc's EBITDA was -$1.4M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 93.6% from the prior year.

Net Income
-$1.1M
YoY+95.0%

Vnue Inc reported -$1.1M in net income in fiscal year 2023. This represents an increase of 95.0% from the prior year.

EPS (Diluted)
$0.00
YoY+100.0%

Vnue Inc earned $0.00 per diluted share (EPS) in fiscal year 2023. This represents an increase of 100.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$25K
YoY-69.3%
5Y CAGR+6.9%
10Y CAGR-4.4%

Vnue Inc held $25K in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share
N/A
Shares Outstanding
2.57B
YoY+60.5%

Vnue Inc had 2.57B shares outstanding in fiscal year 2023. This represents an increase of 60.5% from the prior year.

Margins & Returns

Gross Margin
34.5%
YoY+25.2pp

Vnue Inc's gross margin was 34.5% in fiscal year 2023, indicating the percentage of revenue retained after direct costs. This is up 25.2 percentage points from the prior year.

Operating Margin
-266.5%
YoY+5808.1pp
5Y CAGR+1183.6pp

Vnue Inc's operating margin was -266.5% in fiscal year 2023, reflecting core business profitability. This is up 5808.1 percentage points from the prior year.

Net Margin
-214.7%
YoY+6123.3pp
5Y CAGR+2628.3pp

Vnue Inc's net profit margin was -214.7% in fiscal year 2023, showing the share of revenue converted to profit. This is up 6123.3 percentage points from the prior year.

Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

VNUE Income Statement

Metric Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22
Revenue $58K-34.4% $88K-17.2% $106K+5.2% $101K-48.7% $197K+37.2% $143K+61.5% $89K-29.2% $125K
Cost of Revenue N/A N/A N/A N/A $144K+42.1% $101K N/A N/A
Gross Profit $31K-22.8% $40K-30.5% $58K+23.1% $47K-11.3% $53K+25.4% $42K+4.1% $41K+67.7% $24K
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $1.2M+468.0% $204K+587.6% $30K-59.0% $72K+21.2% $60K-47.5% $114K+8.4% $105K-68.1% $329K
Operating Income -$1.3M-420.1% -$248K-84.8% -$134K+72.4% -$486K-96.6% -$247K+32.4% -$366K-17.2% -$312K+93.5% -$4.8M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$1.3M-364.2% -$283K-56.3% -$181K-1321.4% -$13K+95.8% -$306K+31.4% -$445K-19.2% -$373K+92.2% -$4.8M
EPS (Diluted) $0.00 $0.00 $0.00 N/A $0.00 $0.00 $0.00 N/A

VNUE Balance Sheet

Metric Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22
Total Assets $3K-91.8% $42K-2.1% $43K+67.8% $25K-10.6% $28K-81.7% $155K-50.8% $315K+42.1% $222K
Current Assets $3K-91.8% $42K-2.1% $43K+67.8% $25K-10.6% $28K-81.7% $155K-50.8% $315K+48.2% $213K
Cash & Equivalents $3K-91.8% $42K-2.1% $43K+67.8% $25K-10.6% $28K+88.5% $15K-72.2% $54K-34.6% $83K
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 N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $7.7M+20.6% $6.4M+5.2% $6.1M-8.4% $6.6M-5.0% $7.0M+1.7% $6.8M0.0% $6.8M+2.3% $6.7M
Current Liabilities $7.7M+20.6% $6.4M+5.2% $6.1M-8.4% $6.6M-5.0% $7.0M+1.7% $6.8M0.0% $6.8M+2.3% $6.7M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$7.7M-21.3% -$6.3M-5.3% -$6.0M+8.7% -$6.6M+5.0% -$6.9M-3.6% -$6.7M-2.5% -$6.5M-1.0% -$6.5M
Retained Earnings -$40.2M-3.6% -$38.8M-0.9% -$38.5M-0.7% -$38.2M-0.2% -$38.2M-1.0% -$37.8M-1.4% -$37.2M-1.2% -$36.8M

VNUE Cash Flow Statement

Metric Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22
Operating Cash Flow -$105K-193.3% -$36K+72.0% -$128K+10.5% -$143K+15.0% -$169K+53.1% -$360K+12.6% -$412K+21.8% -$527K
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 N/A N/A N/A N/A N/A N/A N/A $0
Financing Cash Flow $67K+91.2% $35K-75.9% $146K+3.6% $140K-22.9% $182K-43.3% $321K-16.3% $384K-22.9% $497K
Dividends Paid $70K0.0% $70K0.0% $70K0.0% $70K0.0% $70K-15.8% $83K+26.7% $66K+0.3% $65K
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

VNUE Financial Ratios

Metric Q3'24 Q2'24 Q1'24 Q4'23 Q3'23 Q2'23 Q1'23 Q4'22
Gross Margin 53.8%+8.1pp 45.7%-8.8pp 54.4%+7.9pp 46.5%+19.6pp 26.9%-2.5pp 29.5%-16.2pp 45.7%+26.4pp 19.3%
Operating Margin -2238.2%-1956.0pp -282.2%-155.7pp -126.5%+355.3pp -481.8%-356.0pp -125.8%+129.5pp -255.3%+96.5pp -351.7%+3488.7pp -3840.4%
Net Margin -2279.4%-1957.5pp -322.0%-151.3pp -170.6%-158.0pp -12.6%+142.8pp -155.5%+155.2pp -310.6%+110.1pp -420.8%+3406.4pp -3827.2%
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets -38482.2%-37804.4pp -677.7%-253.0pp -424.7%-374.6pp -50.1%+1024.4pp -1074.5%-787.5pp -287.0%-168.6pp -118.4%+2041.8pp -2160.3%
Current Ratio 0.000.0 0.010.0 0.010.0 0.000.0 0.00-0.0 0.02-0.0 0.05+0.0 0.03
Debt-to-Equity -1.000.0 -1.010.0 -1.010.0 -1.000.0 -1.00+0.0 -1.02+0.0 -1.05-0.0 -1.03
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$6.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Vnue Inc (VNUE) reported $529K in total revenue for fiscal year 2023. This represents a 47.4% 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.

Vnue Inc (VNUE) revenue grew by 47.4% year-over-year, from $359K to $529K in fiscal year 2023.

No, Vnue Inc (VNUE) reported a net income of -$1.1M in fiscal year 2023, with a net profit margin of -214.7%.

Vnue Inc (VNUE) reported diluted earnings per share of $0.00 for fiscal year 2023. This represents a 100.0% change compared to the previous fiscal year. 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.

Vnue Inc (VNUE) had EBITDA of -$1.4M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

Vnue Inc (VNUE) had a gross margin of 34.5% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

Vnue Inc (VNUE) had an operating margin of -266.5% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

Vnue Inc (VNUE) had a net profit margin of -214.7% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

Vnue Inc (VNUE) generated -$1.1M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

Vnue Inc (VNUE) had $25K in total assets as of fiscal year 2023, including both current and long-term assets.

Vnue Inc (VNUE) had 2.57B shares outstanding as of fiscal year 2023.

Vnue Inc (VNUE) had a current ratio of 0.00 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

Vnue Inc (VNUE) had a debt-to-equity ratio of -1.00 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

Vnue Inc (VNUE) had a return on assets of -4470.2% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2023 data, Vnue Inc (VNUE) had $25K in cash against an annual operating cash burn of $1.1M. 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.

Vnue Inc (VNUE) has negative shareholder equity of -$6.6M as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Vnue Inc (VNUE) 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.

Vnue Inc (VNUE) has an earnings quality ratio of 0.95x, 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.

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