VS MEDIA Holdings (VSME) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the VSME SEC filings page.
VS MEDIA Holdings (VSME) reported $7.5M in revenue for fiscal year 2025, down 8.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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).
VS MEDIA’s dominant mechanic is a heavy operating-cost base, with financing supporting cash needs while gross margins remain relatively stable.
The 2025 revenue decline did not compress gross margin: it improved to23.7% from20.5% in FY2024, yet operating margin stayed deeply negative at-85.4% . That separation indicates the main pressure sits below gross profit, where the operating structure absorbs most of the contribution generated by sales.
Net loss of
The balance sheet became less leveraged in FY2025, with reported debt-to-equity falling to 1.3x from 4.6x in FY2024, while the current ratio recovered to 1.5x from 0.8x. That improvement coincided with
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of VS MEDIA Holdings'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.
VS MEDIA Holdings held $2.7M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $3.5M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and VS MEDIA Holdings scores 28/100 among other emerging companies.
VS MEDIA Holdings had 55M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and VS MEDIA Holdings scores 15/100 among other emerging companies.
Not available for VS MEDIA Holdings, and counted as zero in the overall score.
VS MEDIA Holdings reported revenue of $7.5M in fiscal year 2025, against $8.2M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and VS MEDIA Holdings scores 39/100 among other emerging companies.
VS MEDIA Holdings's operations used $3.5M of cash in fiscal year 2025, against $1.5M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and VS MEDIA Holdings scores 71/100 among other emerging companies.
VS MEDIA Holdings's cash, cash equivalents and investments came to $2.7M at the end of fiscal year 2025, against $5.2M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and VS MEDIA Holdings scores 44/100 among other emerging companies.
VS MEDIA Holdings scores -6.44, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($2.5M) relative to total liabilities ($5.2M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
VS MEDIA Holdings passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
VS MEDIA Holdings reported a net loss of $8.6M while operations used $3.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
VS MEDIA Holdings reported an operating loss of $6.4M against $42K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
VS MEDIA Holdings held $976K in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
VSME 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
VSME 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 | Q4'2520-F | Q2'256-K | Q4'2420-F | Q2'2410-Q | Q4'2310-K | Q4'2210-K |
|---|---|---|---|---|---|---|
| Total Assets | $9.3M+29.9% | $13.2M+85.3% | $7.2M-28.8% | $7.1M | $10.1M+32.8% | $7.6M |
| Current Assets | $7.4M+55.1% | $9.1M+35.4% | $4.8M-52.3% | $6.7M | $10.0M+37.0% | $7.3M |
| Cash & Equivalents | $976K+25.9% | $7.4M+1238.6% | $775K-48.3% | $553K | $1.5M+82.8% | $821K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | N/A | N/A | $5K | N/A | N/A |
| Accounts Receivable | $748K-45.0% | $863K-49.1% | $1.4M-36.2% | $1.7M | $2.1M+11.1% | $1.9M |
| Long-Term Investments | $1.7M+1605.6% | $1.8M+1744.7% | $100K | $100K | $0 | $0 |
| Goodwill | N/A | $1.1M | $1.1M | N/A | N/A | N/A |
| Total Liabilities | $5.2M-12.0% | $5.6M-9.2% | $5.9M+0.2% | $6.1M | $5.9M-1.4% | $6.0M |
| Current Liabilities | $5.0M-11.5% | $5.4M-9.0% | $5.7M+0.3% | $5.9M | $5.7M+7.1% | $5.3M |
| Non-Current Liabilities | $156K-24.1% | $199K-15.0% | $205K-1.5% | $234K | $208K-68.8% | $667K |
| Total Equity | $4.1M+223.3% | $7.7M+658.0% | $1.3M-69.5% | $1.0M | $4.2M+159.0% | $1.6M |
| Retained Earnings | -$37.1M-30.2% | -$32.9M-34.2% | -$28.5M-34.4% | -$24.5M | -$21.2M-45.1% | -$14.6M |
Not reported in any period shown, so not listed: Long-Term Debt.
VSME 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: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
VSME 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| VS MEDIA Holdings VSME | FY2025 | $7.5M | -$8.6M | N/A | $2.5M | 33/100 |
| Townsquare Media Inc TSQ | FY2025 | $427.4M | -$11.5M | -2.7% | $94.1M | 31/100 |
| THUMZUP MEDIA CORPORATION TZUP | FY2025 | $7.0M | -$8.5M | N/A | $75.3M | 47/100 |
| Marchex Inc MCHX | FY2025 | $45.4M | -$5.2M | -11.5% | $70.3M | 50/100 |
| Entravision Communications Cp EVC | FY2025 | $447.6M | -$79.0M | -17.6% | $772.5M | 41/100 |
| Cardlytics CDLX | FY2025 | $233.3M | -$104.0M | -44.6% | $25.1M | 24/100 |
Where VS MEDIA Holdings Ranks
Frequently Asked Questions
What is VS MEDIA Holdings's annual revenue?
VS MEDIA Holdings (VSME) reported $7.5M in total revenue for fiscal year 2025. This represents a -8.8% 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 VS MEDIA Holdings's revenue growing?
VS MEDIA Holdings (VSME) revenue declined by 8.8% year-over-year, from $8.2M to $7.5M in fiscal year 2025.
Is VS MEDIA Holdings profitable?
No, VS MEDIA Holdings (VSME) reported a net income of -$8.6M in fiscal year 2025.
What is VS MEDIA Holdings's EBITDA?
VS MEDIA Holdings (VSME) had EBITDA of -$6.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is VS MEDIA Holdings's gross margin?
VS MEDIA Holdings (VSME) had a gross margin of 23.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is VS MEDIA Holdings's operating margin?
VS MEDIA Holdings (VSME) had an operating margin of -85.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is VS MEDIA Holdings's return on equity (ROE)?
VS MEDIA Holdings (VSME) has a return on equity of -208.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is VS MEDIA Holdings's free cash flow?
VS MEDIA Holdings (VSME) recorded an outflow of $3.5M in free cash flow during fiscal year 2025. This represents a -136.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is VS MEDIA Holdings's operating cash flow?
VS MEDIA Holdings (VSME) recorded an outflow of $3.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are VS MEDIA Holdings's total assets?
VS MEDIA Holdings (VSME) had $9.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are VS MEDIA Holdings's capital expenditures?
VS MEDIA Holdings (VSME) invested $16K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is VS MEDIA Holdings's current ratio?
VS MEDIA Holdings (VSME) had a current ratio of 1.47 as of fiscal year 2025, which is considered adequate.
What is VS MEDIA Holdings's debt-to-equity ratio?
VS MEDIA Holdings (VSME) had a debt-to-equity ratio of 1.26 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is VS MEDIA Holdings's return on assets (ROA)?
VS MEDIA Holdings (VSME) had a return on assets of -92.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is VS MEDIA Holdings's P/E ratio?
VS MEDIA Holdings (VSME) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $2.5M as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is VS MEDIA Holdings's price-to-sales ratio?
VS MEDIA Holdings (VSME) trades at 0.3x sales, its market capitalization divided by revenue of $7.5M revenue, FY2025. The market capitalization is $2.5M as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does VS MEDIA Holdings's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, VS MEDIA Holdings (VSME) held $2.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.5M over that year. Dividing the one by the other, the reported balance equals about 9 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.
What is VS MEDIA Holdings's Altman Z-Score?
VS MEDIA Holdings (VSME) has an Altman Z-Score of -6.44, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is VS MEDIA Holdings's Piotroski F-Score?
VS MEDIA Holdings (VSME) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.
Are VS MEDIA Holdings's earnings high quality?
VS MEDIA Holdings (VSME) reported a net loss of $8.6M while operations used $3.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.
Can VS MEDIA Holdings cover its interest payments?
VS MEDIA Holdings (VSME) reported an operating loss of $6.4M against $42K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is VS MEDIA Holdings?
VS MEDIA Holdings (VSME) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.