GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
V

Veritas Farms VFRM · USD

N/A · US listing · 🇺🇸 United States

Compare

0.00

—

Close of 5 Nov 2026, in USD

At a glance

Figures in USD, from our data supplier.

FY2023

Revenue

$883,654

FY2015FY2023

Net income

−$5.8m

FY2015FY2023

Free cash flow

−$1.6m

FY2015FY2023

Shareholders' equity

—

FY2015FY2023

Income statement

Fiscal years

FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Revenue$883,654$1.1m$3.1m$6.2m$7.3m$2.1m$1.1m$76,232—
Research and development————————$3,051
Operating income−$4.9m−$5.5m−$7.3m−$7.5m−$11.1m−$4.4m−$1.3m$43,714$6,464
Net income−$5.8m−$5.1m−$7.3m−$7.6m−$11.2m−$3.8m−$2.5m−$43,714−$6,464
Diluted earnings per share-0.14-0.12-0.17-0.17-0.27-0.12-0.17-0.00-0.00

Balance sheet

At each fiscal year end

FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Total assets—$6.8m$8.6m$12.4m$14.2m$7.0m$5.2m$12,634$15
Cash and short-term investments—$55,273$481,763$107,693$1.1m$164,086$27,803$12,634$15
Total liabilities—$7.4m$3.8m$4.8m$2.0m$934,737$2.1m$65,029$62,696
Debt—$4.6m$2.0m$2.3m$385,666$509,617$1.7m$714,006$190,716
Shareholders' equity—−$606,277$4.8m$7.6m$12.2m$6.1m$3.1m−$52,395−$62,681
Shares outstanding42m42m42m46m41m33m15m15m14m

Cash flow

Fiscal years

FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Cash from operations−$1.6m−$3.9m−$4.8m−$3.0m−$12.3m−$4.2m−$1.9m−$41,381−$94
Capital spending—−$10,334−$80,289−$88,038−$1.4m−$597,469−$447,066−$2.3m−$1.2m
Free cash flow−$1.6m−$3.9m−$4.8m−$3.1m−$13.7m−$4.8m−$2.3m−$2.4m−$1.2m
Dividends paid——−$195,830———−$41,428−$88,982−$88,982

Latest quarters

By quarter end

Sept 2023Jun 2023Mar 2023Dec 2022Sept 2022Jun 2022Mar 2022Dec 2021
Revenue$235,941$169,864$209,788$115,059$100,205$285,552$482,086$1.1m
Operating income−$839,737−$1.2m−$749,880−$2.1m−$823,808−$1.3m−$1.2m−$3.7m
Net income−$1.1m−$1.4m−$921,231−$2.3m−$979,232$221,000−$1.4m−$3.8m
Diluted earnings per share-0.03-0.03-0.02-0.05-0.020.01-0.03-0.09
Cash from operations————−$1.0m−$1.0m−$1.0m—
Total assets$8.3m$5.5m$6.3m$6.8m$8.3m$8.2m$8.4m$8.6m
Cash and short-term investments$58,787$119,915$364,007—$124,749$164,383$373,360—
Debt$3.9m$3.5m$4.8m$4.1m$4.1m$3.1m$2.9m$1.3m
Shareholders' equity$207,462−$1.4m−$1.6m−$606,277$1.8m$2.8m$3.5m$4.8m

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-47.8%-15.7%—
Operating income-13.1%2.1%—
Net income-8.8%8.4%—

Share price return

Finished calendar years

202520242023202220212020201920182017
Return1618%38%224%-21%-59%-80%-25%-53%125%

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years.

  • 4-to-1 reverse split · 20 Sept 2019
  • 6-for-1 split · 13 Nov 2017

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.