Value Exchange International, Inc.
VEIIIndustrials · Services-Miscellaneous Business Services · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | $12.0M | $10.9M | $10.0M | $20.6M | $8.3M | $0 |
| Operating income | −$6.7M | −$193,755 | $534,759 | $126,326 | −$119,313 | −$102,422 |
| Net income | −$6.7M | $3,366 | $677,402 | $105,504 | $53,435 | −$59,250 |
| Total assets | $5.2M | $5.7M | $4.7M | $4.3M | $3.5M | — |
| Total liabilities | $8.5M | $3.5M | $2.4M | $3.1M | $2.4M | $214,845 |
| Equity | −$3.4M | $2.1M | $2.2M | $1.2M | $1.1M | −$214,845 |
| EPS (diluted) | $-0.18 | $0.00 | — | — | — | — |
| Shares out. | 36.2M | 36.2M | 29.7M | 29.7M | 29.7M | 26.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −55.6%
- Net margin
- −56.0%
- Return on equity
- 196.4%
- Return on assets
- −129.0%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 163.8%
- Debt / equity
- —
- Book value / share
- $-0.09
- Revenue growth (YoY)
- 10.1%
- Net income growth (YoY)
- −200186.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- -16.76distress
- Accruals / assets
- −88.9%clean
- Beneish M-Score
- -6.69normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 4 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 16, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2020
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Director / officer changeNov 13, 2025
- Changed auditorJul 7, 2025
- Delisting / listing-standard noticeMay 23, 2025
- Delisting / listing-standard noticeJul 30, 2024
- Other material eventMar 20, 2024
- Entered a material agreement · Change in controlDec 20, 2023
- Director / officer changeDec 12, 2023
- Entered a material agreementOct 4, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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