Veroni Brands Corp.
Industrials · Wholesale-Groceries & Related Products · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $3.2M | $5.6M | $6.7M | $61,333 | — | — |
| Operating income | −$920,747 | −$379,108 | −$559,454 | −$257,830 | −$44,045 | — |
| Net income | −$706,566 | −$379,108 | −$700,813 | −$258,830 | −$44,045 | −$3,312 |
| Total assets | $201,723 | $1.6M | $2.6M | $330,845 | $49,638 | $0 |
| Total liabilities | $1.1M | $2.0M | $2.9M | $224,693 | — | — |
| Equity | −$880,615 | −$423,799 | −$304,691 | $106,152 | $38,299 | −$1,000 |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 27.1M | 27.1M | 26.8M | 28.4M | 20.0M | 20.0M |
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
- −28.7%
- Net margin
- −22.0%
- Return on equity
- 80.2%
- Return on assets
- −350.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 536.5%
- Debt / equity
- —
- Book value / share
- $-0.03
- Revenue growth (YoY)
- −42.6%
- 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)
- -90.03distress
- Accruals / assets
- −597.9%clean
- 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.
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
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Strong return on equity (>15%)
- Positive operating cash flow
- 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 ↗Nov 15, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 16, 2022
- NT 10-Qmissed a reporting deadline ↗May 16, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2022
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2021
- NT 10-Kmissed a reporting deadline ↗Mar 31, 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.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Kotas Tomasz10% owner | Oct 16, 2018 | Buy | 4,000 | $0.75 |
| Kotas Tomasz10% owner | Sep 6, 2018 | Buy | 8,500 | $0.75 |
| Kotas Tomasz10% owner | Aug 22, 2018 | Buy | 20,000 | $0.75 |
| Kotas Tomasz10% owner | Jun 12, 2018 | Buy | 8,800 | $0.75 |
| Kotas Tomasz10% owner | May 1, 2018 | L | 8,500 | $0.75 |
| Kotas Tomasz10% owner | Mar 31, 2018 | L | 7,333 | $0.75 |
| Kotas Tomasz10% owner | Jan 16, 2018 | L | 7.2M | $0.01 |
| Gabal IgorOfficer — President, CFO, Secretary | Dec 1, 2017 | Buy | 2.1M | $0.00 |
| Cassidy James M | Aug 31, 2017 | Sell | 9.9M | $987.00 |
| Mckillop James K | Aug 31, 2017 | Sell | 9.9M | $987.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Entered a material agreementDec 22, 2022
- Prior financials not reliable (restatement)Aug 19, 2021
- Changed auditorJan 27, 2021
- Regulation FD disclosureJun 29, 2020
- Regulation FD disclosureJun 23, 2020
- Other material eventOct 1, 2018
- Changed auditorFeb 26, 2018
- Entered a material agreement · Item 5.06Feb 2, 2018
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)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.