VOCL · Creatd, Inc. - 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 | $4.80M | $4.30M | $1.21M | $453.0K | $95.7K | $95.7K |
| Cost of Revenue | $6.11M | $1.50M | - | - | - | - |
| Gross Profit | ($1.31M) | ($282.2K) | - | $453.0K | $80.9K | $95.7K |
| R&D | $951.4K | $983.5K | $257.4K | $1.13M | $590.2K | - |
| SG&A | $9.73M | $11.06M | $17.24M | $2.71M | $1.67M | $1.70M |
| Total Operating Expenses | $27.72M | $32.37M | $17.50M | $7.67M | $5.77M | $5.66M |
| D&A | $586.1K | $397.4K | $157.8K | $42.2K | $42.2K | $38.4K |
| Operating Income | ($29.03M) | ($33.37M) | ($16.28M) | ($7.22M) | ($5.69M) | ($5.56M) |
| Interest Expense | $821.1K | $372.1K | $1.38M | $612.8K | $923.0K | $477.0K |
| Income Tax | - | $24.21M | - | - | - | - |
| Net Income | ($32.29M) | ($37.38M) | ($24.21M) | ($8.04M) | ($12.01M) | ($8.75M) |
| EPS - Basic | ($2.98) | - | - | - | - | - |
| EPS - Diluted | ($3.44) | - | - | - | - | - |
Balance Sheet
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $706.2K | $3.79M | $7.91M | $11.6K | - | $111.1K |
| Accounts Receivable | $239.4K | $337.4K | $90.4K | $50.8K | $6.5K | $1.3K |
| Inventory | $405.0K | $106.4K | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | $1.48M | $4.48M | $8.08M | $183.8K | $6.5K | $112.4K |
| Total Assets | $4.82M | $9.17M | $10.78M | $2.57M | $208.9K | $177.4K |
| Current Liabilities | $15.21M | $5.42M | $4.97M | $10.93M | $2.57M | $4.16M |
| Long-term Debt | - | - | - | - | $123.5K | $2.51M |
| Total Liabilities | $17.32M | $5.49M | $5.34M | $11.13M | $2.70M | $8.02M |
| Stockholders' Equity | ($11.75M) | $1.81M | $5.45M | ($8.56M) | ($2.49M) | ($7.84M) |
| Retained Earnings | ($146.14M) | ($109.63M) | ($71.93M) | ($44.58M) | ($36.55M) | ($22.25M) |
Cash Flow
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($16.81M) | ($20.52M) | ($7.34M) | ($5.96M) | ($4.97M) | ($3.85M) |
| Investing Cash Flow | $373.2K | ($1.17M) | ($547.2K) | ($363.3K) | ($27.6K) | ($14.7K) |
| Financing Cash Flow | $13.41M | $17.62M | $15.81M | $6.34M | $4.89M | $3.80M |
| CapEx | $212.2K | $95.9K | $45.0K | $27.9K | $27.6K | $14.7K |
| Free Cash Flow | ($17.02M) | ($20.61M) | ($7.39M) | ($5.98M) | ($5.00M) | ($3.87M) |
Ratios
| Metric | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | -27.4% | -6.6% | - | 100.0% | 84.6% | 100.0% |
| Operating margin | -605.3% | -776.1% | -1342.5% | -1593.1% | -5944.7% | -5815.1% |
| EBITDA margin | -593.0% | -766.8% | -1329.5% | -1583.8% | -5900.5% | -5774.9% |
| Net margin | -673.3% | -869.3% | -1996.3% | -1773.8% | -12559.5% | -9149.3% |
| Free cash flow margin | -354.8% | -479.4% | -608.9% | -1321.2% | -5227.7% | -4043.0% |
| FCF / Net income | 0.53 | 0.55 | 0.31 | 0.74 | 0.42 | 0.44 |
| R&D / Revenue | 19.8% | 22.9% | 21.2% | 249.7% | 617.1% | - |
| SG&A / Revenue | 202.8% | 257.2% | 1421.3% | 598.2% | 1741.5% | 1776.6% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -670.0% | -407.5% | -224.5% | -312.4% | -5750.2% | -4932.4% |
| Return on equity | 274.8% | -2068.5% | -444.7% | 93.9% | 482.4% | 111.6% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 0.10 | 0.83 | 1.63 | 0.02 | 0.00 | 0.03 |
| Quick ratio | 0.07 | 0.81 | 1.63 | 0.02 | 0.00 | 0.03 |
| Cash ratio | 0.05 | 0.70 | 1.59 | 0.00 | - | 0.03 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | -0.05 | -0.32 |
| Debt / Assets | - | - | - | - | 0.59 | 14.16 |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -35.4x | -89.7x | -11.8x | -11.8x | -6.2x | -11.7x |
| Equity multiplier | -0.41 | 5.08 | 1.98 | -0.30 | -0.08 | -0.02 |
| Liabilities / Assets | 3.59 | 0.60 | 0.50 | 4.33 | 12.92 | 45.18 |
| Efficiency | ||||||
| Asset turnover | 1.00 | 0.47 | 0.11 | 0.18 | 0.46 | 0.54 |
| Inventory turnover | 15.09 | 14.05 | - | - | - | - |
| Days sales outstanding | 18d | 29d | 27d | 41d | 25d | 5d |
| Days inventory outstanding | 24d | 26d | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 11.6% | 254.5% | 167.7% | 373.6% | 0.0% | -57.3% |
| Revenue CAGR (3y) | 119.6% | 255.6% | 133.2% | 26.5% | 18.0% | 103.1% |
| Revenue CAGR (5y) | 118.8% | 80.6% | 83.5% | 108.8% | 3.0% | - |
| Gross profit growth (YoY) | -365.2% | - | - | 460.0% | -15.4% | -47.0% |
| Operating income growth (YoY) | 13.0% | -104.9% | -125.6% | -26.9% | -2.2% | -50.7% |
| Net income growth (YoY) | 13.6% | -54.4% | -201.3% | 33.1% | -37.3% | -18.4% |
| EPS growth (YoY) | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 17.4% | -179.1% | -23.4% | -19.7% | -29.3% | -51.0% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | - | -66.8% | - | -243.6% | 68.2% | -147.5% |
Stability scores
Altman Z′
FY 2022 · bankruptcy risk
-45.73
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
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: Services-Allied To Motion Picture Production
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| CSSE | - | - | - |
Comparing Creatd against the 1 most active filer in the same SIC group.