What is Virtual Interactive Technologies Corp's earnings per share (EPS)?

Virtual Interactive Technologies Corp (VRVR) reported diluted earnings per share of $-0.34 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.

Virtual Interactive Technologies Corp Financials

VRVR

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

This page shows Virtual Interactive Technologies Corp (VRVR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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).

Rhea AI VRVR FY2023 2026-04-22

External financing is propping up a tiny-revenue business whose cash burn and liability load overwhelm its operating scale.

Across the March and September 2023 filings, capital raising functioned as a temporary refill, not self-funding growth: financing inflows totaled $449.8K while operating cash outflow totaled -$660.0K. That mismatch left the latest period with only $40.8K of cash and a severely stretched liquidity position at 0.08x current ratio, showing that fresh funding has been absorbed by keeping the entity operating rather than building a cash buffer.

Negative equity reached -$1.54M in the latest filing, so the business has already consumed more capital than it currently retains. With liabilities of $1.67M against only $128K of assets, the balance sheet is being supported more by obligations than by owned resources, leaving little cushion for short-term claims.

Revenue improved to $130.4K from $53.4K between the two 2023 filings, which shows some activity returned at the top line. Even so, cash conversion stayed negative as operating cash flow remained below zero in both periods, including -$195.5K in the latest report, suggesting the operating base is too small for modest sales gains to change the funding need.

Financial Health Signals

Financial Profile 0/100

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 Virtual Interactive Technologies Corp'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.

Growth

Virtual Interactive Technologies Corp's revenue declined 49.1% year-over-year, from $256K to $130K. This contraction results in a growth score of 0/100.

Liquidity

Virtual Interactive Technologies Corp's current ratio of 0.08 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Piotroski F-Score Weak

0/9

Virtual Interactive Technologies Corp passes 0 of 9 financial strength tests. No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Key Financial Metrics

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Earnings & Revenue

Revenue

$130K

YoY-49.1%

Virtual Interactive Technologies Corp generated $130K in revenue in fiscal year 2023. This represents a decrease of 49.1% from the prior year.

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

$-0.34

Virtual Interactive Technologies Corp earned $-0.34 per diluted share (EPS) in fiscal year 2023.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$41K

YoY+12.7%

5Y CAGR+103.4%

Virtual Interactive Technologies Corp held $41K in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

YoY+19.6%

5Y CAGR+15.9%

Virtual Interactive Technologies Corp had 8M shares outstanding in fiscal year 2023. This represents an increase of 19.6% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

$17K

YoY-28.2%

Virtual Interactive Technologies Corp invested $17K in research and development in fiscal year 2023. This represents a decrease of 28.2% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

VRVR Income Statement

Metric	FY23	FY20	FY19	FY18	FY17	FY16
Revenue	$130K-49.1%	$256K-23.3%	$334K+34.2%	$249K	$0	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$17K-28.2%	$23K-88.9%	$208K-65.6%	$606K	N/A	N/A
SG&A Expenses	$7K-97.3%	$274K-18.1%	$335K+738.8%	$40K+38.3%	$29K	N/A
Operating Income	N/A	-$41K+95.1%	-$833K-1989.5%	-$40K-38.3%	-$29K	N/A
Interest Expense	$1K-97.6%	$50K-72.8%	$182K+5666.4%	$3K+261.8%	$874-62.0%	$2K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$10K+99.0%	-$1.0M-2220.1%	-$44K-48.4%	-$30K	N/A
EPS (Diluted)	$-0.34	N/A	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
Revenue	$10K-49.6%	$19K-35.8%	$30K-28.1%	$42K+19.2%	$35K+5.3%	$33K+66.8%	$20K	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	$30K	N/A	N/A	N/A	$20K	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1K+12.2%	$1K-75.9%	$5K+322.6%	-$2K-148.0%	$4K+286.9%	$1K-72.1%	$4K	N/A
Operating Income	-$34K+10.5%	-$38K-12.6%	-$34K	N/A	N/A	-$707K+5.1%	-$745K	N/A
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	-$68K+3.4%	-$71K+8.8%	-$77K	N/A	N/A	-$841K+5.3%	-$888K	N/A
EPS (Diluted)	$-0.010.0%	$-0.010.0%	$-0.01	N/A	$-0.11-10.0%	$-0.10+9.1%	$-0.11	N/A

VRVR Balance Sheet

Metric	FY23	FY20	FY19	FY18	FY17	FY16
Total Assets	$128K-45.1%	$234K-33.8%	$354K+134.9%	$151K+160.2%	$58K+4835.7%	$1K
Current Assets	$128K-45.1%	$234K-26.3%	$317K+542.7%	$49K+1635.1%	$3K+142.8%	$1K
Cash & Equivalents	$41K+12.7%	$36K+0.3%	$36K-26.8%	$49K+1635.1%	$3K+142.8%	$1K
Inventory	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
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.7M+88.2%	$887K-14.5%	$1.0M-61.5%	$2.7M+2879.3%	$90K+902.7%	$9K
Current Liabilities	$1.7M+5823.0%	$28K-83.0%	$164K+235.1%	$49K+21.2%	$40K+348.1%	$9K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.5M-136.0%	-$653K+4.5%	-$684K+73.1%	-$2.5M-7710.3%	-$33K-315.1%	-$8K
Retained Earnings	-$9.6M-91.3%	-$5.0M-0.2%	-$5.0M-1969.9%	-$242K-22.3%	-$198K-17.7%	-$168K

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$97K-0.6%	$97K-18.8%	$120K-6.7%	$128K+11.9%	$115K-91.7%	$1.4M-33.6%	$2.1M-2.3%	$2.1M
Current Assets	$97K-0.6%	$97K-18.8%	$120K-6.7%	$128K+11.9%	$115K-91.7%	$1.4M-33.6%	$2.1M-2.3%	$2.1M
Cash & Equivalents	$8K-54.9%	$17K-45.5%	$31K-24.0%	$41K+2128.7%	$2K-28.7%	$3K-71.0%	$9K-75.6%	$36K
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	$1.8M+3.3%	$1.8M+2.2%	$1.7M+3.6%	$1.7M-0.9%	$1.7M+4.4%	$1.6M+9.7%	$1.5M+12.4%	$1.3M
Current Liabilities	$1.8M+3.3%	$1.8M+3.0%	$1.7M+3.6%	$1.7M-0.9%	$1.7M+4.4%	$1.6M+9.8%	$1.5M+12.5%	$1.3M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.7M-3.5%	-$1.7M-3.8%	-$1.6M-4.4%	-$1.5M+1.8%	-$1.6M-574.7%	-$233K-138.3%	$608K-25.8%	$820K
Retained Earnings	-$9.8M-0.7%	-$9.8M-0.7%	-$9.7M-0.8%	-$9.6M-1.9%	-$9.4M-10.7%	-$8.5M-11.0%	-$7.7M-13.1%	-$6.8M

VRVR Cash Flow Statement

Metric	FY23	FY20	FY19	FY18	FY17	FY16
Operating Cash Flow	-$196K-884.9%	$25K+107.6%	-$329K-762.2%	-$38K-108.5%	-$18K	N/A
Capital Expenditures	N/A	N/A	N/A	$42K	$0	N/A
Free Cash Flow	N/A	N/A	N/A	-$81K-339.6%	-$18K	N/A
Investing Cash Flow	-$8K-167.0%	$11K+517.8%	$2K+104.3%	-$42K	$0	N/A
Financing Cash Flow	$200K+655.6%	-$36K-196.5%	-$12K-109.6%	$127K+535.5%	$20K	N/A
Dividends Paid	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

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	-$9K+34.3%	-$14K-44.2%	-$10K+93.9%	-$161K-21686.6%	-$739+88.2%	-$6K+77.1%	-$28K+43.6%	-$49K
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	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$13K
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

VRVR Financial Ratios

Metric	FY23	FY20	FY19	FY18	FY17	FY16
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	-15.9%+233.3pp	-249.2%-233.2pp	-16.0%	N/A	N/A
Net Margin	N/A	-3.8%+302.1pp	-305.9%-288.3pp	-17.7%	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	-4.2%+285.2pp	-289.4%-260.1pp	-29.3%+22.1pp	-51.4%	N/A
Current Ratio	0.08-8.3	8.36+6.4	1.93+0.9	1.01+0.9	0.07-0.1	0.13
Debt-to-Equity	N/A	-1.36+0.2	-1.52-0.5	-1.06+1.7	-2.78-1.6	-1.15
FCF Margin	N/A	N/A	N/A	-32.3%	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	100.0%	N/A	N/A	N/A	100.0%	N/A
Operating Margin	-347.8%-152.2pp	-195.6%-84.0pp	-111.6%	N/A	N/A	-2119.2%+1603.5pp	-3722.7%	N/A
Net Margin	-699.6%-335.0pp	-364.6%-107.9pp	-256.8%	N/A	N/A	-2519.2%+1916.2pp	-4435.4%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	-146.0%	N/A
Return on Assets	-70.4%+2.0pp	-72.4%-7.9pp	-64.5%	N/A	N/A	-60.9%-18.2pp	-42.7%	N/A
Current Ratio	0.050.0	0.06-0.0	0.070.0	0.080.0	0.07-0.8	0.86-0.6	1.43-0.2	1.64
Debt-to-Equity	-1.060.0	-1.06+0.0	-1.070.0	-1.08-0.0	-1.07+5.9	-6.93-9.4	2.42+0.8	1.60
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$1.5M), 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 (0.08), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Virtual Interactive Technologies Corp's annual revenue?

Virtual Interactive Technologies Corp (VRVR) reported $130K in total revenue for fiscal year 2023. This represents a -49.1% 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 Virtual Interactive Technologies Corp's revenue growing?

Virtual Interactive Technologies Corp (VRVR) revenue declined by 49.1% year-over-year, from $256K to $130K in fiscal year 2023.

What is Virtual Interactive Technologies Corp's operating cash flow?

Virtual Interactive Technologies Corp (VRVR) generated -$196K in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Virtual Interactive Technologies Corp's total assets?

Virtual Interactive Technologies Corp (VRVR) had $128K in total assets as of fiscal year 2023, including both current and long-term assets.

How much does Virtual Interactive Technologies Corp spend on research and development?

Virtual Interactive Technologies Corp (VRVR) invested $17K in research and development during fiscal year 2023.

How many shares does Virtual Interactive Technologies Corp have outstanding?

Virtual Interactive Technologies Corp (VRVR) had 8M shares outstanding as of fiscal year 2023.

What is Virtual Interactive Technologies Corp's current ratio?

Virtual Interactive Technologies Corp (VRVR) had a current ratio of 0.08 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Virtual Interactive Technologies Corp's cash runway?

Based on fiscal year 2023 data, Virtual Interactive Technologies Corp (VRVR) had $41K in cash against an annual operating cash burn of $196K. This gives an estimated cash runway of approximately 3 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 Virtual Interactive Technologies Corp's Piotroski F-Score?

Virtual Interactive Technologies Corp (VRVR) has a Piotroski F-Score of 0 out of 9, indicating weak 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

How financially healthy is Virtual Interactive Technologies Corp?

Virtual Interactive Technologies Corp (VRVR) scores 0 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.