VLN Financial Statements & Analysis
Complete financial statements for VLN including income statement, balance sheet, and cash flow statement. Analyze VLN's revenue growth, profit margins, earnings trends, debt levels, and cash flow generation.
Financial Health Score
Financial Health Score
54
Neutral
Poor (0-40)Neutral (40-60)Good (60-100)
Income Statement
Revenue
-31.3% ↓
Net Income
-86.1% ↓
Gross Margin
-5.2% ↓
Operating Margin
-123.4% ↓
Balance Sheet
Current Ratio
-31.0% ↓
Debt to Equity
348.6% ↓
Asset Turnover
-27.9% ↓
Cash Flow
Operating Cash Flow
116.0% ↑
Net Cash Flow
757.3% ↑
Free Cash Flow
88.8% ↑
Cash Flow to Debt
104.1% ↑
Income Statement Comparison
Revenue & Net Income
Period Comparison
| Metric | 2023 | 2024 | Change | Impact |
|---|---|---|---|---|
| Revenue | 84.16M | 57.86M | 31.3% | |
| Gross Profit | 52.59M | 34.28M | 34.8% | |
| Operating Income | -26917000 | -41342000 | 53.6% | |
| Net Income | -19661000 | -36583000 | 86.1% | |
| EPS | -0.19 | -0.34 | 78.9% | |
| EBITDA | -25285000 | -33964000 | 34.3% | |
| Gross Margin | 62.49% | 59.24% | 5.2% | |
| Operating Margin | -31.98% | -71.45% | 123.4% | |
| Net Income Margin | -23.36% | -63.23% | 170.7% | |
| R&D Expenses | 48.17M | 40.48M | 16.0% |
Income Statement Full Table
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 57.86M | 84.16M | 90.72M | 70.68M | 56.91M |
| Gross Profit | 34.28M | 52.59M | 63.39M | 50.58M | 43.48M |
| Operating Income | -41342000 | -26917000 | -28369000 | -27066000 | -22788000 |
| Net Income | -36583000 | -19661000 | -27667000 | -26544000 | -19652000 |
| EPS | -0.34 | -0.19 | -0.28 | -0.8 | -1.37 |
| EBITDA | -33964000 | -25285000 | -26992000 | -25038000 | -18395000 |
| Gross Margin | 59.24% | 62.49% | 69.88% | 71.56% | 76.40% |
| Operating Margin | -71.45% | -31.98% | -31.27% | -38.29% | -40.04% |
| Net Income Margin | -63.23% | -23.36% | -30.50% | -37.55% | -34.53% |
| R&D Expenses | 40.48M | 48.17M | 58.21M | 46.88M | 44.73M |