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Close of 30 Oct 2026, in USD
About Verus International
Its shares trade under the ticker VRUS. It has been listed since 19 December 2008. In the fiscal year to 31 October 2021, it reported revenue of $488,589 and a net loss of $6.0m. At that date it held total assets of $920,191 and shareholders' equity of −$3.3m.
Verus International, Inc. engages in the supply of packaged goods, foodstuff distribution, and wholesale trade. The company is headquartered in Gaithersburg, Maryland. The company went IPO on 2008-12-19. The firm is focused on international consumer packaged goods, foodstuff distribution and wholesale trade. The firm markets under its products to under its own brand primarily to supermarkets, hotels, and other members of the wholesale trade. The firm is initially focused on frozen foods, particularly meat, poultry, seafood, vegetables and French fries. The company has a regional presence in the Middle East and North Africa (MENA) and sub-Saharan Africa with deep roots in the Gulf Cooperation Council (GCC) countries. The company is also engaged in selling pint size ice cream in grocery store-type packaging and are exploring novelty grab-and-go size ice cream in cone, bar, and sandwich versions under its frozen dessert product line. In addition, under its confections product line, it is selling gummi and chocolate candies. The Company’s subsidiary is Verus Foods, Inc.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Staples
- Industry
- Food & Staples Retailing
- Listed since
- 19 Dec 2008
- Employees
- 17
- Website
- realbizmedia.com ↗
Leadership
Pay as last reported
- Mr. Thomas ForeIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Verus International Inc has a strong market presence with a diverse portfolio of products and services. The company's established brand recognition helps in attracting customers and creating customer loyalty. Verus also possesses a highly skilled and experienced team, resulting in efficient operations and innovative business strategies.
Weaknesses
- Despite its strengths, Verus International Inc faces certain weaknesses. The company relies heavily on a few key customers, which makes it vulnerable to changes in their preferences or economic conditions. Additionally, Verus may have limited financial resources compared to its competitors, hindering its ability to invest in new technologies or expansion.
Opportunities
- Verus International Inc has several opportunities for growth and development. The expanding global market provides avenues for the company to explore new regions and tap into untapped customer segments. Furthermore, advancements in technology and increasing consumer demand for innovative products offer Verus the chance to diversify its product portfolio and stay ahead of the competition.
Threats
- Verus International Inc faces certain threats that may impact its business operations. Intense competition within the industry poses a challenge to Verus' market share and profitability. Economic uncertainties, political instability, and changes in regulations also present potential risks to the company's operations. Furthermore, any negative impact on consumer spending patterns could adversely affect Verus' revenue and growth prospects.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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