VIHD · Vision Hydrogen Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | $6.82M | $6.35M | $6.35M |
| Cost of Revenue | - | - | - | $4.85M | $5.53M | $4.33M |
| Gross Profit | - | - | - | $1.96M | $2.01M | $2.02M |
| R&D | - | - | - | - | - | - |
| SG&A | $9.57M | $819.1K | $213.7K | $2.34M | $2.37M | $1.78M |
| Total Operating Expenses | $14.83M | $993.8K | $311.2K | $2.42M | $2.45M | $1.96M |
| D&A | $3.2K | $3.2K | $50.5K | $349.8K | $194.1K | $22.1K |
| Operating Income | ($14.83M) | ($993.8K) | ($311.2K) | ($453.3K) | ($433.4K) | $63.0K |
| Interest Expense | $324 | - | - | $42.9K | $106.2K | - |
| Income Tax | - | - | - | $13.0K | $16.3K | $54.1K |
| Net Income | ($15.86M) | ($988.4K) | ($1.41M) | ($724.4K) | ($554.0K) | $8.9K |
| EPS - Basic | ($0.38) | ($1.18) | - | ($0.09) | ($0.07) | $0.00 |
| EPS - Diluted | - | ($1.18) | - | ($0.09) | ($0.07) | ($0.25) |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.71M | $153.7K | $7.1K | $277.6K | $359.1K | $455.7K |
| Accounts Receivable | $29.3K | $60.6K | - | $803.7K | $1.09M | $808.0K |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | $4.17M | $243.8K | $85.9K | $1.12M | $1.51M | $1.33M |
| Total Assets | $4.28M | $398.6K | $260.9K | $3.47M | $3.52M | $1.49M |
| Current Liabilities | $175.6K | $550.3K | $686.3K | $1.37M | $1.49M | $909.4K |
| Long-term Debt | - | - | - | $72.1K | $160.0K | - |
| Total Liabilities | $175.6K | $617.0K | $686.3K | $2.57M | $1.90M | - |
| Stockholders' Equity | $4.11M | ($218.4K) | ($425.4K) | $896.7K | $1.62M | $575.8K |
| Retained Earnings | ($20.34M) | ($4.47M) | ($3.49M) | ($2.01M) | ($1.29M) | ($731.8K) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($4.31M) | ($872.7K) | ($326.2K) | ($412.2K) | ($69.9K) | ($69.9K) |
| Investing Cash Flow | $7.84M | ($787.1K) | ($518.1K) | ($6.6K) | $24.8K | ($63.5K) |
| Financing Cash Flow | $1.9K | $1.78M | $589.0K | $332.0K | $1.0K | $1.0K |
| CapEx | - | $11.1K | - | $244.4K | $46.7K | $83.6K |
| Free Cash Flow | - | ($883.8K) | - | ($656.6K) | ($116.6K) | ($153.5K) |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | 28.8% | 31.7% | 31.9% |
| Operating margin | - | - | - | -6.6% | -6.8% | 1.0% |
| EBITDA margin | - | - | - | -1.5% | -3.8% | 1.3% |
| Net margin | - | - | - | -10.6% | -8.7% | 0.1% |
| Free cash flow margin | - | - | - | -9.6% | -1.8% | -2.4% |
| FCF / Net income | - | 0.89 | - | 0.91 | 0.21 | -17.25 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | 34.3% | 37.3% | 28.0% |
| Effective tax rate | - | - | - | - | - | 85.9% |
| Return on assets | -370.2% | -248.0% | -541.1% | -20.9% | -15.7% | 0.6% |
| Return on equity | -386.0% | 452.6% | 331.8% | -80.8% | -34.1% | 1.5% |
| Return on invested capital | - | - | - | -37.0% | -19.2% | - |
| Liquidity | ||||||
| Current ratio | 23.78 | 0.44 | 0.13 | 0.82 | 1.01 | 1.46 |
| Quick ratio | 23.78 | 0.44 | 0.13 | 0.82 | 1.01 | 1.46 |
| Cash ratio | 21.15 | 0.28 | 0.01 | 0.20 | 0.24 | 0.50 |
| Leverage | ||||||
| Debt / Equity | - | - | - | 0.08 | 0.10 | - |
| Debt / Assets | - | - | - | 0.02 | 0.05 | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -45782.2x | - | - | -10.6x | -4.1x | - |
| Equity multiplier | 1.04 | -1.83 | -0.61 | 3.87 | 2.17 | 2.58 |
| Liabilities / Assets | 0.04 | 1.55 | 2.63 | 0.74 | 0.54 | - |
| Efficiency | ||||||
| Asset turnover | - | - | - | 1.97 | 1.80 | 4.28 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | 43d | 62d | 46d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | 7.3% | 0.0% | 30257.4% |
| Revenue CAGR (3y) | - | - | - | 588.1% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | -2.5% | -0.5% | 484066.5% |
| Operating income growth (YoY) | -1392.5% | -219.3% | 31.3% | -4.6% | - | - |
| Net income growth (YoY) | -1504.7% | 30.0% | -94.9% | -30.8% | - | - |
| EPS growth (YoY) | - | - | - | -28.6% | 72.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | -463.2% | 24.0% | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | - | 48.7% | - | -44.7% | 181.9% | 95.2% |
Stability scores
Piotroski F-score
FY 2022 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- -No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Industrial Inorganic Chemicals
Comparing VISION HYDROGEN Corp against the 5 most active filers in the same SIC group.