Virgin Orbit Holdings, Inc.
Industrials · Search, Detection, Navigation, Guidance, Aeronautical Sys · E9 · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | |
|---|---|---|---|
| Revenue | $33.1M | $7.4M | $3.8M |
| Operating income | −$216.4M | −$171.4M | −$179.5M |
| Net income | −$191.2M | −$157.3M | −$121.7M |
| Total assets | $240.8M | $331.7M | $100.6M |
| Total liabilities | $192.4M | $118.8M | $300.2M |
| Equity | $48.4M | $213.0M | −$199.6M |
| EPS (diluted) | $-0.57 | $-0.55 | $-0.50 |
| Shares out. | 334.9M | 334.9M | 0 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −653.5%
- Net margin
- −577.4%
- Return on equity
- −394.8%
- Return on assets
- −79.4%
- Return on capital (ROCE)
- −181.2%
- Liabilities / assets
- 79.9%
- Debt / equity
- 3.97×
- Book value / share
- $0.14
- Revenue growth (YoY)
- 348.3%
- 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 · FY2022- Altman Z″ (distress)
- -18.77distress
- Accruals / assets
- 11.7%high accruals
- 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
● 2 severe● 5 warning● 1 good- 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
- High accruals — earnings-quality risk
- Revenue is growing year-over-year
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, 2023
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2021
- NT 10-Qmissed a reporting deadline ↗Aug 17, 2021
- NT 10-Qmissed a reporting deadline ↗May 18, 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- Bankruptcy or receivership · Modified shareholder rights · Director / officer changeAug 2, 2023
- Completed an acquisition or dispositionJun 5, 2023
- Entered a material agreementJun 5, 2023
- Entered a material agreementMay 30, 2023
- Other material eventMay 22, 2023
- Entered a material agreementMay 22, 2023
- Entered a material agreementMay 19, 2023
- Regulation FD disclosureApr 20, 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 (2)
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