Financials in USD. Standardized financial statements.
A compact view of how Virtus Convertible & Income 2024 Target Term Fund turns revenue into operating income and net income.
| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Revenue? | $6.86M | $2.53M | $12.27M | $26.25M | $13.15M | $9.19M | $9.96M |
| Revenue Growth? | +171.4% | -79.4% | -53.3% | +99.7% | +43.0% | -7.7% | 0.0% |
| Cost of Revenue? | $1.95M | $1.99M | $2.00M | $0 | $2.06M | $2.04M | $1.30M |
| Gross Profit? | $4.92M | $537,000 | $10.26M | $26.25M | $11.09M | $7.15M | $8.66M |
| Gross Margin? | +71.6% | +21.2% | +83.7% | +100.0% | +84.3% | +77.8% | +87.0% |
| Operating Expenses? | $316,000 | $415,000 | $18,263.09 | $489,128 | $481,580 | $555,252 | -$2.15M |
| Operating Income? | $6.54M | $3.99M | $9,000 | $26.44M | $12.67M | $10.85M | $6.51M |
| EBITDA? | $0 | $0 | $9,000 | $25.97M | $12.84M | $10.85M | $6.51M |
| Income Before Tax | $6.54M | $2.11M | -$434,000 | $25.76M | $12.67M | $8.64M | $5.45M |
| Income Tax Expense | $0 | $0 | $0 | $972 | $0 | $0 | $0 |
| Net Income? | $6.54M | $2.11M | -$434,000 | $25.76M | $12.67M | $8.64M | $5.45M |
| EPS? | $0.36 | $0.11 | $-0.02 | $1.41 | $0.69 | $0.47 | $0.30 |
| Diluted EPS? | $0.36 | $0.11 | $-0.02 | $1.41 | $0.69 | $0.47 | $0.30 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality