VEV Financial Statements & Analysis
Complete financial statements for VEV including income statement, balance sheet, and cash flow statement. Analyze VEV's revenue growth, profit margins, earnings trends, debt levels, and cash flow generation.
Financial Health Score
Financial Health Score
49
Neutral
Poor (0-40)Neutral (40-60)Good (60-100)
Income Statement
Revenue
3.1% ↑
Net Income
7.3% ↑
Gross Margin
370.8% ↑
Operating Margin
30.2% ↑
Balance Sheet
Current Ratio
-14.7% ↓
Debt to Equity
552.2% ↓
Asset Turnover
-23.5% ↓
Cash Flow
Operating Cash Flow
-171.9% ↓
Net Cash Flow
114.5% ↑
Free Cash Flow
-29.9% ↓
Cash Flow to Debt
27.6% ↑
Income Statement Comparison
Revenue & Net Income
Period Comparison
| Metric | 2022 | 2023 | Change | Impact |
|---|---|---|---|---|
| Revenue | 18.48M | 19.05M | 3.1% | |
| Gross Profit | 440.00K | 2.14M | 385.5% | |
| Operating Income | -13038000 | -9385000 | 28.0% | |
| Net Income | -17948000 | -16633000 | 7.3% | |
| EPS | -0.45 | -0.36 | 20.0% | |
| EBITDA | -12522000 | -10178000 | 18.7% | |
| Gross Margin | 2.38% | 11.21% | 370.8% | |
| Operating Margin | -70.57% | -49.27% | 30.2% | |
| Net Income Margin | -97.15% | -87.31% | 10.1% | |
| R&D Expenses | 0 | 0 | 0.0% |
Income Statement Full Table
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 19.05M | 18.48M | 41.71M | 20.44M | 18.87M |
| Gross Profit | 2.14M | 440.00K | 4.24M | 2.62M | 3.32M |
| Operating Income | -9385000 | -13038000 | -5802000 | -3371341.63556 | -3192672.2653050004 |
| Net Income | -16633000 | -17948000 | -7323000 | -3452115.8129169997 | -3816522.617836 |
| EPS | -0.36 | -0.45 | -0.24 | -0.13 | -0.16 |
| EBITDA | -10178000 | -12522000 | -4902000 | -1878000 | -2458144.181524 |
| Gross Margin | 11.21% | 2.38% | 10.15% | 12.82% | 17.60% |
| Operating Margin | -49.27% | -70.57% | -13.91% | -16.49% | -16.92% |
| Net Income Margin | -87.31% | -97.15% | -17.56% | -16.89% | -20.23% |
| R&D Expenses | 0 | 0 | 0 | 0 | 0 |