Virtuix has raised $20 m in total funding. Virtuix annual revenue was $17.27 k in FY 2016

Virtuix Gross profit (H1, 2017)-98.4 K

Virtuix Gross profit margin (H1, 2017), %(50.3%)

Virtuix Net income (H1, 2017)-2.2 M

Virtuix EBIT (H1, 2017)-2.2 M

Virtuix Cash, 30-Sept-20162.1 M

## Founding Date | 2013 |

## Virtuix total Funding | $20 m |

## Virtuix latest funding size | $7.73 m |

## Time since last funding | 4 years ago |

## Virtuix investors | Western Technology Investment, Tekton Ventures, Scout Ventures, Maveron, Radical Investments, Mark Cuban, 2020 Ventures, Scentan Ventures, StartCaps Ventures, Houston Angel Network, Bradley C. Harrison, MSR Capital, Walden Woods Holdings |

Virtuix's latest funding round in August 2016 was reported to be $7.7 m. In total, Virtuix has raised $20 m

USD | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|

## Revenue | 80.0k | 17.3k | |

## Cost of goods sold | 67.1k | 27.3k | |

## Gross profit | 13.0k | (10.0k) | |

| 16% | (58%) | |

## Sales and marketing expense | 230.6k | 301.8k | 687.7k |

## R&D expense | 452.3k | 926.0k | 365.3k |

## General and administrative expense | 936.6k | 2.2m | 3.3m |

## Operating expense total | 1.6m | 3.4m | 4.5m |

## EBIT | (4.5m) | ||

| (25915%) | ||

## Interest expense | 2.7k | 79.5k | 129.7k |

## Interest income | 6.8k | 14.0k | |

## Pre tax profit | (1.6m) | (3.5m) | |

## Income tax expense | 1.1k | 2.7k | 5.2k |

## Net Income | (1.6m) | (3.5m) | (4.6m) |

## EPS | (1.7) | (0.6) | (0.8) |

USD | H1, 2015 | H1, 2016 | H1, 2017 |
---|---|---|---|

## Revenue | 195.8k | ||

## Cost of goods sold | 294.3k | ||

## Gross profit | (98.4k) | ||

| (50%) | ||

## Sales and marketing expense | 122.4k | 136.3k | 338.0k |

## R&D expense | 459.2k | 124.6k | 654.8k |

## General and administrative expense | 1.0m | 1.8m | 1.1m |

## Operating expense total | 1.6m | 2.0m | 2.1m |

## EBIT | (2.2m) | ||

| (1120%) | ||

## Interest expense | 22.8k | 77.5k | 41.6k |

## Interest income | 963.0 | 8.7k | 1.7k |

## Net Income | (1.6m) | (2.1m) | (2.2m) |

USD | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|

## Cash | 388.6k | 3.9m | 845.6k |

## Prepaid Expenses | 15.2k | 47.5k | 173.4k |

## Inventories | 123.3k | ||

## Current Assets | 403.9k | 3.9m | 1.1m |

## PP&E | 57.6k | 100.3k | 489.6k |

## Total Assets | 472.2k | 4.1m | 1.7m |

## Accounts Payable | 28.5k | 135.1k | |

## Short-term debt | 400.0k | 347.7k | 387.0k |

## Current Liabilities | 642.1k | 2.4m | 3.2m |

## Long-term debt | 609.7k | 223.9k | |

## Non-Current Liabilities | 1.3m | 609.7k | 223.9k |

## Total Debt | 400.0k | 957.5k | 610.9k |

## Total Liabilities | 1.9m | 3.0m | 3.4m |

## Common Stock | 5.5k | 5.5k | 5.5k |

## Preferred Stock | 6.6k | 7.7k | |

## Additional Paid-in Capital | 183.1k | 6.2m | 8.0m |

## Retained Earnings | (1.6m) | (5.1m) | (9.4m) |

## Total Equity | (1.4m) | 1.1m | (1.7m) |

## Debt to Equity Ratio | -0.3 x | 0.9 x | -0.4 x |

## Debt to Assets Ratio | 0.8 x | 0.2 x | 0.4 x |

## Financial Leverage | -0.3 x | 3.7 x | -1 x |

USD | H1, 2016 | H1, 2017 |
---|---|---|

## Cash | 2.6m | 2.1m |

## Accounts Receivable | 188.0k | |

## Prepaid Expenses | 182.7k | 385.0k |

## Inventories | 68.7k | 130.9k |

## Current Assets | 2.9m | 2.8m |

## PP&E | 252.0k | 492.4k |

## Total Assets | 3.2m | 3.3m |

## Accounts Payable | 114.6k | 161.1k |

## Short-term debt | 369.9k | 419.0k |

## Current Liabilities | 2.7m | 3.7m |

## Long-term debt | 418.3k | |

## Non-Current Liabilities | 418.3k | |

## Total Debt | 788.2k | 419.0k |

## Total Liabilities | 3.1m | 3.7m |

## Common Stock | 5.5k | 5.5k |

## Preferred Stock | 7.4k | 9.2k |

## Additional Paid-in Capital | 7.3m | 11.6m |

## Retained Earnings | (7.3m) | (12.0m) |

## Total Equity | 50.1k | (343.2k) |

## Debt to Equity Ratio | 15.7 x | -1.2 x |

## Debt to Assets Ratio | 0.2 x | 0.1 x |

## Financial Leverage | 63.5 x | -9.7 x |

USD | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|

## Net Income | (1.6m) | (3.5m) | (4.6m) |

## Depreciation and Amortization | 4.8k | 33.5k | 115.2k |

## Inventories | (123.3k) | ||

## Accounts Payable | 28.5k | 106.6k | |

## Cash From Operating Activities | (301.9k) | (2.8m) | (3.6m) |

## Purchases of PP&E | (73.1k) | (129.5k) | (557.9k) |

## Cash From Investing Activities | (73.1k) | (129.5k) | (557.9k) |

## Long-term Borrowings | (360.6k) | ||

## Cash From Financing Activities | 763.6k | 6.4m | 1.2m |

## Net Change in Cash | 388.6k | 3.5m | (3.0m) |

## Interest Paid | 69.2k | 98.5k | |

## Income Taxes Paid | 1.1k | 2.7k | 5.2k |

USD | H1, 2015 | H1, 2016 | H1, 2017 |
---|---|---|---|

## Net Income | (1.6m) | (2.1m) | (2.2m) |

## Depreciation and Amortization | 13.5k | 23.4k | 82.6k |

## Accounts Receivable | (188.0k) | ||

## Inventories | (68.7k) | (7.6k) | |

## Accounts Payable | 36.7k | 86.1k | 26.0k |

## Cash From Operating Activities | (1.3m) | (1.8m) | (2.0m) |

## Purchases of PP&E | (66.7k) | (213.2k) | (94.3k) |

## Capital Expenditures | (66.7k) | (213.2k) | |

## Cash From Investing Activities | (94.3k) | ||

## Long-term Borrowings | (176.9k) | (196.7k) | |

## Cash From Financing Activities | 3.3m | 702.8k | 3.3m |

## Net Change in Cash | 2.0m | (1.3m) | 1.2m |

## Interest Paid | 20.2k | 54.5k | 32.8k |

## Free Cash Flow | (1.3m) | (2.0m) |

USD | FY, 2014 |
---|---|

## Debt/Equity | -0.3 x |

## Debt/Assets | 0.8 x |

## Financial Leverage | -0.3 x |