Financials in USD. Standardized financial statements.
A compact view of how Veritas Farms, Inc. turns revenue into operating income and net income.
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.06M | $3.08M | $6.23M | $7.29M | $2.08M | $1.11M | $76,232 | $0 |
| Revenue Growth? | -65.5% | -50.5% | -14.6% | +250.6% | +86.6% | +1362.2% | 0.0% | 0.0% |
| Cost of Revenue? | $2.45M | $4.11M | $3.27M | $3.83M | $1.20M | $923,260 | $521,499 | $32,555 |
| Gross Profit? | -$1.38M | -$1.03M | $2.96M | $3.46M | $876,314 | $191,414 | -$445,267 | -$32,555 |
| Gross Margin? | -130.1% | -33.3% | +47.5% | +47.5% | +42.1% | +17.2% | -584.1% | 0.0% |
| Operating Expenses? | $4.08M | $6.30M | $10.42M | $14.59M | $5.28M | $1.52M | $43,714 | $6,464 |
| Operating Income? | -$5.46M | -$7.33M | -$7.46M | -$11.13M | -$4.41M | -$1.33M | $43,714 | $6,464 |
| EBITDA? | -$4.20M | -$6.42M | -$6.96M | -$10.64M | -$3.53M | -$2.18M | -$43,714 | -$6,464 |
| Income Before Tax | -$5.14M | -$7.07M | -$7.59M | -$11.15M | -$3.84M | -$2.45M | -$43,714 | -$6,464 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income? | -$5.14M | -$7.26M | -$7.59M | -$11.17M | -$3.84M | -$2.45M | -$43,714 | -$6,464 |
| EPS? | $-0.13 | $-0.17 | $-0.18 | $-0.32 | $-0.19 | $-0.17 | $-0.00 | $-0.00 |
| Diluted EPS? | $-0.13 | $-0.17 | $-0.18 | $-0.32 | $-0.19 | $-0.17 | $-0.00 | $-0.00 |
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