Financial insights of VREOF

MyFinsight

For the quarter ending 2025-09-30, VREOF made $91,655,155 in revenue. -$26,298,861 in net income. Net profit margin of -28.69%.

Unit: Dollar

Income Statement	2025-09-30	2025-06-30	2024-09-30
Revenue	91,655,155	48,063,010	25,165,343
Product costs	40,878,030	23,719,204	12,448,373
Non-cash product costs	12,397,641	4,152,108	-
Inventory valuation adjustments	996,485	-226,149	393,000
Gross profit	37,382,999	20,417,847	12,323,970
Selling, general and administrative expenses	29,680,788	12,454,544	6,911,278
Transaction related expenses	803,724	4,729,444	-
Stock-based compensation expenses	4,006,712	4,150,630	1,304,919
Depreciation	552,589	387,596	76,292
Amortization	1,530,230	714,323	180,034
Total operating expenses	36,574,043	22,436,537	8,472,523
Income from operations	808,956	-2,018,690	3,851,447
Interest expenses, net	6,906,226	7,647,822	7,363,655
Gain (loss) on disposal of assets	-	-5,844	-
Gain (loss) on disposal of assets and debt	-7,837,671	-	-
Other income (expenses)	983,080	-407,673	970,850
Other income (expenses), net	-13,760,817	-8,061,339	-6,392,805
Loss before income taxes	-12,951,861	-10,080,029	-2,541,358
Current income tax expenses	13,347,000	4,854,000	2,385,000
Net loss and comprehensive loss	-26,298,861	-14,934,029	-4,926,358

Earnings per share, basic	-0.03	-0.03	-0.02
Earnings per share, diluted	-0.03	-0.03	-0.02
Weighted average number of shares outstanding, basic	949,820,535	559,097,392	201,377,275
Weighted average number of shares outstanding, diluted	949,820,535	559,097,392	201,377,275