Virtuix stock price, funding rounds, valuation and financials

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

$195.8 K

Virtuix Revenue H1, 2017
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

Virtuix Funding

Summary Metrics

Founding Date

2013

Virtuix total Funding

$20 m

Virtuix latest funding size

$7.73 m

Time since last funding

4 years ago

Virtuix investors

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

Virtuix Capital Raised

Embed Graph

Virtuix Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016

Revenue

80.0k17.3k

Cost of goods sold

67.1k27.3k

Gross profit

13.0k(10.0k)

Gross profit Margin, %

16%(58%)

Sales and marketing expense

230.6k301.8k687.7k

R&D expense

452.3k926.0k365.3k

General and administrative expense

936.6k2.2m3.3m

Operating expense total

1.6m3.4m4.5m

EBIT

(4.5m)

EBIT margin, %

(25915%)

Interest expense

2.7k79.5k129.7k

Interest income

6.8k14.0k

Pre tax profit

(1.6m)(3.5m)

Income tax expense

1.1k2.7k5.2k

Net Income

(1.6m)(3.5m)(4.6m)

EPS

(1.7)(0.6)(0.8)

Half Year

USDH1, 2015H1, 2016H1, 2017

Revenue

195.8k

Cost of goods sold

294.3k

Gross profit

(98.4k)

Gross profit Margin, %

(50%)

Sales and marketing expense

122.4k136.3k338.0k

R&D expense

459.2k124.6k654.8k

General and administrative expense

1.0m1.8m1.1m

Operating expense total

1.6m2.0m2.1m

EBIT

(2.2m)

EBIT margin, %

(1120%)

Interest expense

22.8k77.5k41.6k

Interest income

963.08.7k1.7k

Net Income

(1.6m)(2.1m)(2.2m)

Virtuix Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016

Cash

388.6k3.9m845.6k

Prepaid Expenses

15.2k47.5k173.4k

Inventories

123.3k

Current Assets

403.9k3.9m1.1m

PP&E

57.6k100.3k489.6k

Total Assets

472.2k4.1m1.7m

Accounts Payable

28.5k135.1k

Short-term debt

400.0k347.7k387.0k

Current Liabilities

642.1k2.4m3.2m

Long-term debt

609.7k223.9k

Non-Current Liabilities

1.3m609.7k223.9k

Total Debt

400.0k957.5k610.9k

Total Liabilities

1.9m3.0m3.4m

Common Stock

5.5k5.5k5.5k

Preferred Stock

6.6k7.7k

Additional Paid-in Capital

183.1k6.2m8.0m

Retained Earnings

(1.6m)(5.1m)(9.4m)

Total Equity

(1.4m)1.1m(1.7m)

Debt to Equity Ratio

-0.3 x0.9 x-0.4 x

Debt to Assets Ratio

0.8 x0.2 x0.4 x

Financial Leverage

-0.3 x3.7 x-1 x

Half Year

USDH1, 2016H1, 2017

Cash

2.6m2.1m

Accounts Receivable

188.0k

Prepaid Expenses

182.7k385.0k

Inventories

68.7k130.9k

Current Assets

2.9m2.8m

PP&E

252.0k492.4k

Total Assets

3.2m3.3m

Accounts Payable

114.6k161.1k

Short-term debt

369.9k419.0k

Current Liabilities

2.7m3.7m

Long-term debt

418.3k

Non-Current Liabilities

418.3k

Total Debt

788.2k419.0k

Total Liabilities

3.1m3.7m

Common Stock

5.5k5.5k

Preferred Stock

7.4k9.2k

Additional Paid-in Capital

7.3m11.6m

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 x0.1 x

Financial Leverage

63.5 x-9.7 x

Virtuix Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016

Net Income

(1.6m)(3.5m)(4.6m)

Depreciation and Amortization

4.8k33.5k115.2k

Inventories

(123.3k)

Accounts Payable

28.5k106.6k

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

763.6k6.4m1.2m

Net Change in Cash

388.6k3.5m(3.0m)

Interest Paid

69.2k98.5k

Income Taxes Paid

1.1k2.7k5.2k

Half Year

USDH1, 2015H1, 2016H1, 2017

Net Income

(1.6m)(2.1m)(2.2m)

Depreciation and Amortization

13.5k23.4k82.6k

Accounts Receivable

(188.0k)

Inventories

(68.7k)(7.6k)

Accounts Payable

36.7k86.1k26.0k

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

3.3m702.8k3.3m

Net Change in Cash

2.0m(1.3m)1.2m

Interest Paid

20.2k54.5k32.8k

Free Cash Flow

(1.3m)(2.0m)

Virtuix Ratios

USDFY, 2014

Debt/Equity

-0.3 x

Debt/Assets

0.8 x

Financial Leverage

-0.3 x

Virtuix Operating Metrics

Aug, 2015Feb, 2020

Omni Systems Shipped to Date

3 k

Patents (US)

7

Patent Applications

12

Trademark Applications

4