VERUS INTERNATIONAL, INC.
Industrials · Wholesale-Groceries, General Line · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $488,589 | $870,251 | $13.6M | $5.8M | $2.9M | $868,528 |
| Operating income | −$1.1M | −$10.1M | −$4.1M | −$910,498 | −$1.2M | −$471,692 |
| Net income | −$6.0M | −$15.7M | −$2.4M | −$2.8M | −$1.3M | −$906,725 |
| Total assets | $920,191 | $6.6M | $5.2M | $1.4M | $1.5M | $188,972 |
| Total liabilities | $4.2M | $5.2M | $6.2M | — | — | $2.0M |
| Equity | −$3.3M | $1.4M | −$926,320 | −$1.6M | −$798,577 | −$1.8M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 12.4M | 2.32B | 1.50B | 356.3M | 243.7M | 150.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −218.6%
- Net margin
- −1227.8%
- Return on equity
- 183.5%
- Return on assets
- −651.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 455.3%
- Debt / equity
- —
- Book value / share
- $-0.26
- Revenue growth (YoY)
- −43.9%
- Net income growth (YoY)
- —
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 · FY2021- Altman Z″ (distress)
- -210.91distress
- Accruals / assets
- −558.8%clean
- Beneish M-Score
- -21.15normal
- Piotroski F-Score
- 4/9mixed
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.
Signs
● 3 severe● 5 warning● 2 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
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- 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 ↗Sep 15, 2022
- NT 10-Qmissed a reporting deadline ↗Jun 15, 2022
- NT 10-Qmissed a reporting deadline ↗Mar 18, 2022
- NT 10-Kmissed a reporting deadline ↗Feb 1, 2022
- NT 10-Qmissed a reporting deadline ↗Sep 15, 2021
- NT 10-Qmissed a reporting deadline ↗Jun 15, 2021
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 28, 2022
- Director / officer changeNov 9, 2022
- Director / officer changeMay 21, 2021
- Director / officer changeFeb 23, 2021
- Terminated a material agreementFeb 5, 2021
- Entered a material agreement · New financial obligation · Unregistered equity saleJan 25, 2021
- Amended charter or bylaws · Other material eventJan 12, 2021
- Entered a material agreement · Completed an acquisition or dispositionDec 28, 2020
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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