Verso Corporation

Verso Corporation is the turn-to company for those looking to successfully navigate the complexities of paper sourcing and performance. The leading North American producer of printing and specialty papers and pulp, Verso provides insightful solutions that help drive improved customer efficiency, productivity, brand awareness and business results. Verso’s long-standing reputation for quality and reliability is directly tied to our vision to be a company with passion that is respected and trusted by all. Verso’s passion is rooted in ethical business practices that demand safe workplaces for our employees and sustainable wood sourcing for our products. This passion, combined with our flexible manufacturing capabilities and an unmatched commitment to product performance, delivery and service, make Verso a preferred choice among commercial printers, paper merchants and brokers, converters, publishers and other end users.

Type
Public
HQ
Memphis, US
Founded
2006
Verso Corporation was founded in 2006 and is headquartered in Memphis, US

Verso Corporation Office Locations

Verso Corporation has an office in Memphis
Memphis, US (HQ)
400 6775 Lenox Center Ct

Verso Corporation Metrics

Verso Corporation Financial Metrics

Verso Corporation's revenue was reported to be $1.4 b in 2016

Revenue (Y, 2016)

$1.4 b

Revenue growth (Y, 2015 - Y, 2016), %

(55%)

Gross profit (Y, 2016)

$168 m

Gross profit margin (Y, 2016), %

12%

Net income (Y, 2016)

($32 m)

EBIT (Y, 2016)

($121 m)

Market capitalization (22-May-2017)

$123.1 m

Closing share price (22-May-2017)

$3.7

Cash (31-Dec-2016)

$4 m
Verso Corporation's current market capitalization is $123.1 m.
FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$1.4 b$1.3 b$3.1 b$1.4 b

Revenue growth, %

(7%)141%(55%)

Cost of goods sold

$2.7 b$1.2 b

Gross profit

$395 m$168 m

Gross profit Margin, %

13%12%

Operating expense total

$1.4 b$1.5 b

EBIT

$33.9 m($174.7 m)($155 m)($121 m)

EBIT margin, %

2%(13%)(5%)(9%)

Interest expense

$137.7 m$142.3 m$270 m$39 m

Interest income

$25 k$2 k

Pre tax profit

($111.8 m)($355.9 m)($425 m)$1.2 b

Income tax expense

($562 k)($3 m)($3 m)

Net Income

($111.2 m)($353 m)($422 m)($32 m)
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$11.3 m$5.5 m$4 m$4 m

Accounts Receivable

$104.5 m$87.7 m$226 m$226 m

Inventories

$137.7 m$110.7 m$484 m

Current Assets

$274.2 m$275.8 m$751 m$751 m

PP&E

$742.9 m$530.5 m$1.9 b$1.9 b

Total Assets

$1.1 b$877.5 m$2.7 b$2.7 b

Accounts Payable

$88.4 m$62.8 m$113 m$113 m

Current Liabilities

$224.1 m$300.4 m$3.3 b$3.3 b

Common Stock

$1 m

Preferred Stock

Retained Earnings

($627.2 m)($980.2 m)($1.4 b)($1.4 b)
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($111.2 m)($353 m)($422 m)($32 m)

Accounts Receivable

($3.6 m)$16.8 m$24 m$4 m

Inventories

($6.2 m)$17.2 m$15 m

Accounts Payable

($8.1 m)($21.8 m)($91 m)($40 m)

Cash From Operating Activities

($27.7 m)($57.8 m)($266 m)$17 m

Capital Expenditures

($40.7 m)($42 m)($64 m)($42 m)

Cash From Investing Activities

($13.8 m)($25.3 m)$111 m($38 m)

Long-term Borrowings

($145 m)($340.4 m)($567 m)

Cash From Financing Activities

($8.7 m)$77.3 m$153 m($20 m)

Free Cash Flow

$12.9 m($15.8 m)($202 m)$59 m

Verso Corporation Market Value History

Verso Corporation Online Presence

Verso Corporation Company Life

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