VIRTUAL INTERACTIVE TECH (VRVR) Financials
Newest figures come from the 10-Q for Q3 FY2024, filed Aug 19, 2024. Each column of the statement tables below links to the filing it was taken from.
VIRTUAL INTERACTIVE TECH (VRVR) reported $101K in revenue over the twelve months to Jun 30, 2024. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 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).
External financing supports the business while negative operating cash flow and a liability-heavy balance sheet constrain financial flexibility.
At September 2023, liabilities of$1.7M exceeded assets of$128K , while the current ratio was only 0.1x, making the balance sheet structurally dependent on obligations coming due. The row also pairs operating cash flow of-$196K with financing cash flow of$200K , indicating that reported cash movement depended on financing rather than internal operations.
The March 2023 row reported an operating loss of
Cash conversion has been unstable rather than consistently aligned with accounting results: FY2020 combined a net loss of
Financial Health Signals
VIRTUAL INTERACTIVE TECH does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
VIRTUAL INTERACTIVE TECH generated $10K in revenue in Q3 2024. This represents a decrease of 72.3% from the same quarter a year earlier. Against the prior quarter it is down 49.6%.
VIRTUAL INTERACTIVE TECH reported -$68K in net income in Q3 2024. Against the prior quarter it is up 3.4%.
VIRTUAL INTERACTIVE TECH earned -$0.01 per diluted share (EPS) in Q3 2024. This represents an increase of 90.9% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q3 2024.
Cash & Balance Sheet
VIRTUAL INTERACTIVE TECH held $8K in cash as of Q3 2024; long-term debt is not reported for that period.
Not reported for Q3 2024.
Not reported for Q3 2024.
Margins & Returns
Not reported for Q3 2024.
Not shown for Q3 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2024: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q3 2024.
Capital Allocation
None of these metrics is reported for Q3 2024.
VRVR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10K-72.3% | $19K-42.1% | $30K+50.4% | $42K | $35K+69.8% | $33K+12.6% | $20K-10.1% | N/A |
| Gross Profit | N/A | N/A | $30K+50.4% | N/A | N/A | N/A | $20K-10.1% | N/A |
| SG&A Expenses | $1K-71.1% | $1K-0.4% | $5K+15.3% | -$2K | $4K-67.4% | $1K-56.8% | $4K-98.0% | N/A |
| Operating Income | -$34K | -$38K+94.7% | -$34K+95.5% | N/A | N/A | -$707K-720.9% | -$745K-324.4% | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | $36K+115.9% | $26K+201.8% | $16K+115.4% | N/A |
| Net Income | -$68K | -$71K+91.6% | -$77K+91.3% | N/A | N/A | -$841K-312.2% | -$888K-201.7% | N/A |
| EPS (Basic) | -$0.01+90.9% | -$0.01+90.0% | -$0.01+90.9% | -$0.02+71.4% | -$0.11-83.3% | -$0.10-233.3% | -$0.11-175.0% | -$0.07-600.0% |
| EPS (Diluted) | -$0.01+90.9% | -$0.01+90.0% | -$0.01+90.9% | -$0.02+71.4% | -$0.11-83.3% | -$0.10-233.3% | -$0.11-175.0% | -$0.07 |
| Diluted Shares (Avg) | 8M-0.8% | 8M-0.7% | 8M0.0% | N/A | 8M+12.9% | 8M+19.4% | 8M+19.2% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, EBITDA, Income Tax.
VRVR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $97K-15.7% | $97K-93.0% | $120K-94.2% | $128K-94.0% | $115K-42.5% | $1.4M+668.6% | $2.1M+540.8% | $2.1M+418.0% |
| Current Assets | $97K-15.7% | $97K-93.0% | $120K-94.2% | $128K-94.0% | $115K-42.5% | $1.4M+702.1% | $2.1M+555.9% | $2.1M+427.6% |
| Cash & Equivalents | $8K+316.5% | $17K+557.8% | $31K+250.3% | $41K+12.2% | $2K-97.5% | $3K-91.8% | $9K-94.7% | $36K-85.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.8M+8.4% | $1.8M+9.6% | $1.7M+17.6% | $1.7M+27.6% | $1.7M+48.7% | $1.6M+65.0% | $1.5M+30.8% | $1.3M+29.5% |
| Current Liabilities | $1.8M+9.2% | $1.8M+10.4% | $1.7M+17.7% | $1.7M+27.9% | $1.7M+49.2% | $1.6M+63.8% | $1.5M+29.7% | $1.3M+1177.5% |
| Non-Current Liabilities | $0-100.0% | $0-100.0% | $13K+4.9% | $13K+5.0% | $13K+5.0% | $12K | $12K | $12K-98.7% |
| Total Equity | -$1.7M-10.2% | -$1.7M-618.0% | -$1.6M-364.8% | -$1.5M-288.1% | -$1.6M-68.2% | -$233K+70.8% | $608K+176.0% | $820K+236.8% |
| Retained Earnings | -$9.8M-4.2% | -$9.8M-14.5% | -$9.7M-26.2% | -$9.6M-41.5% | -$9.4M-49.7% | -$8.5M-51.3% | -$7.7M-41.5% | -$6.8M-32.3% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
VRVR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
VRVR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | 100.0%0.0pp | N/A | N/A | N/A | 100.0%0.0pp | N/A |
| Operating Margin | -347.8% | -195.6% | -111.6% | N/A | N/A | -2119.2% | -3722.7% | N/A |
| Net Margin | -699.6% | -364.6% | -256.8% | N/A | N/A | -2519.2% | -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% | -72.4%-11.5pp | -64.5%-21.8pp | N/A | N/A | -60.9%+52.6pp | -42.7%+48.0pp | N/A |
| Current Ratio | 0.050.0x | 0.06-0.8x | 0.07-1.4x | 0.08-1.6x | 0.07-0.1x | 0.86+0.7x | 1.43+1.1x | 1.64-2.3x |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | N/A | 2.42 | 1.60 |
| Asset Turnover | 0.10-0.2x | 0.20+0.2x | 0.25+0.2x | 0.33 | 0.31+0.2x | 0.02-0.1x | 0.01-0.1x | N/A |
Not reported in any period shown, so not listed: FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
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.
Where VIRTUAL INTERACTIVE TECH Ranks
Frequently Asked Questions
What is VIRTUAL INTERACTIVE TECH's annual revenue?
VIRTUAL INTERACTIVE TECH (VRVR) reported $130K in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
What is VIRTUAL INTERACTIVE TECH's operating cash flow?
VIRTUAL INTERACTIVE TECH (VRVR) recorded an outflow of $196K in operating cash flow during fiscal year 2023, representing cash used by core business activities.
What are VIRTUAL INTERACTIVE TECH's total assets?
VIRTUAL INTERACTIVE TECH (VRVR) had $128K in total assets as of fiscal year 2023, including both current and long-term assets.
What is VIRTUAL INTERACTIVE TECH's current ratio?
VIRTUAL INTERACTIVE TECH (VRVR) had a current ratio of 0.08 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
How does VIRTUAL INTERACTIVE TECH's liquidity compare with its operating cash outflow?
At the end of fiscal year 2023, VIRTUAL INTERACTIVE TECH (VRVR) held $41K in cash, cash equivalents and investments, and reported an operating cash outflow of $196K over that year. Dividing the one by the other, the reported balance equals about 3 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is VIRTUAL INTERACTIVE TECH's debt-to-equity ratio negative or not reported?
VIRTUAL INTERACTIVE TECH (VRVR) has negative shareholder equity of -$1.5M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.