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Veru (VERU) Financials

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$2.38 +0.03 (+1.28%)
Closing price 04:00 PM Eastern
Extended Trading
$2.40 +0.02 (+0.63%)
As of 07:31 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for Veru

Annual Income Statements for Veru

This table shows Veru's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 9/30/2015 9/30/2016 9/30/2017 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024 9/30/2025
Net Income / (Loss) Attributable to Common Shareholders		 4.35 0.34 -8.60 -24 -12 -19 7.39 -84 -93 -38 -23
Consolidated Net Income / (Loss)		 4.35 0.34 -6.61 -24 -12 -19 7.39 -84 -93 -38 -23
Net Income / (Loss) Continuing Operations		 4.35 0.34 -6.61 -24 -12 -19 7.39 -84 -93 -35 -16
Total Pre-Tax Income 		6.69 2.81 -8.60 -23 -12 -20 4.27 -84 -93 -35 -16
Total Operating Income		 6.62 3.02 -8.49 -21 -6.44 -15 13 -83 -94 -36 -25
Total Gross Profit		 19 13 7.02 8.77 22 31 48 31 7.57 0.00 0.00
Total Revenue		 33 22 14 16 32 43 61 39 16 0.00 0.00
Total Cost of Revenue		 14 8.78 6.64 7.09 10 12 13 8.75 8.73 0.00 0.00
Total Operating Expenses		 12 10 16 30 28 46 35 114 101 36 25
Selling, General & Admin Expense		 12 8.66 12 15 14 14 21 43 48 25 20
Research & Development Expense		 0.22 0.10 3.08 11 14 17 33 71 51 13 16
Other Special Charges / (Income)		 - - - - - 0.00 - 0.00 -5.72 -1.22 -11
Total Other Income / (Expense), net		 0.07 -0.20 -0.11 -2.20 -5.89 -5.31 -8.71 -0.32 1.11 0.91 9.07
Interest Expense		 - - - 2.95 4.71 4.62 4.89 4.37 2.43 0.00 -8.62
Other Income / (Expense), net		 0.07 -0.20 -0.11 0.75 -1.18 -0.68 -3.82 4.05 3.54 0.91 0.44
Net Income / (Loss) Discontinued Operations		 - - - - - - - - - -2.54 -7.05
Basic Earnings per Share		 $0.15 $0.01 ($0.25) ($0.44) ($0.19) ($0.28) $0.10 ($1.05) ($1.10) ($2.80) ($1.55)
Weighted Average Basic Shares Outstanding		 28.53M 28.67M 34.64M 53.86M 63.32M 66.75M 76.27M 80.12M 84.97M 13.49M 14.65M
Weighted Average Diluted Shares Outstanding		 28.92M 28.93M 34.64M 53.86M 63.32M 66.75M 83.80M 80.12M 93.67M 146.38M 16.05M
Weighted Average Basic & Diluted Shares Outstanding		 29M 31.34M 34.64M 53.86M 63.32M 66.75M 80.03M 80.62M 93.67M 146.38M 16.05M

Quarterly Income Statements for Veru

This table shows Veru's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -8.13 -8.28 -10 -11 -8.53 -8.95 -7.90 -7.33 1.45 -5.33 -2.74
Consolidated Net Income / (Loss)		 -8.13 -8.28 -10 -11 -8.53 -8.95 -7.90 -7.33 1.45 -5.33 -2.74
Net Income / (Loss) Continuing Operations		 -8.13 -7.67 -8.70 -10 -8.55 -1.81 -7.85 -7.32 1.30 -5.33 -3.09
Total Pre-Tax Income 		-7.57 -7.67 -8.70 -10 -8.55 -1.81 -7.85 -7.32 1.30 -5.33 -3.09
Total Operating Income		 -8.18 -7.39 -8.89 -11 -9.34 -10 -8.12 -7.55 1.17 -5.42 -7.22
Total Gross Profit		 1.54 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00 0.00
Total Revenue		 3.86 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00 0.00
Total Cost of Revenue		 2.32 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00 0.00
Total Operating Expenses		 9.72 7.39 8.89 11 9.34 10 8.12 7.55 -1.17 5.42 7.22
Selling, General & Admin Expense		 6.77 6.65 5.90 5.81 6.25 5.23 5.16 5.01 4.54 4.08 4.07
Research & Development Expense		 3.94 1.66 2.99 4.85 3.29 5.72 3.93 3.02 2.92 1.34 3.15
Other Operating Expenses / (Income)		 - -0.92 - - - - - - - - 0.00
Total Other Income / (Expense), net		 0.60 -0.28 0.19 0.21 0.79 8.44 0.27 0.22 0.14 0.09 4.13
Interest Expense		 0.21 0.00 0.00 0.00 - -8.62 0.00 0.00 - 0.00 0.00
Other Income / (Expense), net		 0.81 -0.28 0.19 0.21 0.79 -0.19 0.27 0.22 0.14 0.09 4.13
Net Income / (Loss) Discontinued Operations		 - -0.61 -1.32 -0.63 0.02 -7.14 -0.05 -0.01 0.15 - 0.35
Basic Earnings per Share		 ($0.06) ($0.08) ($0.07) ($0.75) ($0.63) ($0.61) ($0.54) ($0.50) $0.10 ($0.26) ($0.12)
Weighted Average Basic Shares Outstanding		 84.97M 100.60M 146.38M 14.64M 13.49M 14.64M 14.64M 14.66M 14.65M 20.31M 23.05M
Weighted Average Diluted Shares Outstanding		 93.67M 146.38M 146.38M 146.38M 146.38M 146.38M 146.58M 14.65M 16.05M 16.05M 16.05M
Weighted Average Basic & Diluted Shares Outstanding		 93.67M 146.38M 146.38M 146.38M 146.38M 146.38M 146.58M 14.65M 16.05M 16.05M 16.05M

Annual Cash Flow Statements for Veru

This table details how cash moves in and out of Veru's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 9/30/2015 9/30/2016 9/30/2017 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024 9/30/2025
Net Change in Cash & Equivalents		 -1.69 -1.72 0.89 0.48 2.54 7.29 109 -42 -71 15 -9.12
Net Cash From Operating Activities		 -1.55 -1.71 0.98 -12 -5.49 -1.93 -16 -48 -88 -22 -30
Net Cash From Continuing Operating Activities		 -1.55 -1.71 0.98 -12 -5.49 -1.93 -16 -48 -88 -22 -30
Net Income / (Loss) Continuing Operations		 4.35 0.34 -6.61 -24 -12 -19 7.39 -84 -93 -38 -23
Consolidated Net Income / (Loss)		 4.35 0.34 -6.61 -24 -12 -19 7.39 -84 -93 -38 -23
Depreciation Expense		 0.49 0.42 0.33 0.18 0.16 0.46 0.21 0.21 0.27 0.27 0.15
Amortization Expense		 - - 0.15 0.28 0.31 - - - - 0.77 0.58
Non-Cash Adjustments To Reconcile Net Income		 0.67 0.49 1.64 8.67 6.72 22 -16 14 23 14 -7.12
Changes in Operating Assets and Liabilities, net		 -7.06 -2.97 5.47 3.27 -0.66 -5.04 -7.19 23 -18 0.83 -0.93
Net Cash From Investing Activities		 -0.14 -0.01 -0.09 -0.05 -0.11 -0.11 15 4.27 6.33 0.15 25
Net Cash From Continuing Investing Activities		 -0.14 -0.01 -0.09 -0.05 -0.11 -0.11 15 4.27 6.33 0.15 25
Purchase of Property, Plant & Equipment		 -0.14 -0.01 -0.13 -0.05 -0.11 -0.11 -0.38 -0.73 -0.67 -0.16 -0.00
Sale of Property, Plant & Equipment		 - - - - - - - 0.00 7.00 0.30 8.28
Divestitures		 - - 0.04 - - 0.00 15 5.00 - 0.00 16
Sale and/or Maturity of Investments		 - - - - - - - - - 0.00 0.39
Net Cash From Financing Activities		 -0.01 0.00 0.00 12 8.13 9.33 110 1.07 11 37 -4.22
Net Cash From Continuing Financing Activities		 -0.01 0.00 0.00 12 8.13 9.33 110 1.07 11 37 -4.22
Repayment of Debt		 - - - -0.91 -4.94 -5.26 -1.08 0.00 -1.29 -0.13 -4.22
Issuance of Common Equity		 - - - 3.00 13 0.00 108 0.00 11 37 0.00
Other Financing Activities, net		 - - - 0.07 0.06 14 1.78 1.07 0.39 0.00 0.00
Cash Interest Paid		 - - - - 0.00 0.31 8.48 2.62 0.55 0.70 0.33
Cash Income Taxes Paid		 0.29 0.35 0.23 0.22 0.30 0.36 0.25 0.42 0.25 0.37 0.08

Quarterly Cash Flow Statements for Veru

This table details how cash moves in and out of Veru's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -6.59 31 -5.84 -5.59 -4.23 1.69 -6.59 -5.01 0.78 17 -5.39
Net Cash From Operating Activities		 -9.49 -6.02 -5.65 -5.65 -4.37 -11 -7.74 -5.48 -5.49 -6.17 -8.91
Net Cash From Continuing Operating Activities		 -9.49 -6.02 -5.65 -5.65 -4.37 -11 -7.74 -5.48 -5.49 -6.17 -8.91
Net Income / (Loss) Continuing Operations		 -8.13 -8.28 -10 -11 -8.53 -8.95 -7.90 -7.33 1.45 -5.33 -2.74
Consolidated Net Income / (Loss)		 -8.13 -8.28 -10 -11 -8.53 -8.95 -7.90 -7.33 1.45 -5.33 -2.74
Depreciation Expense		 0.07 0.07 0.07 0.07 0.07 0.06 0.03 0.03 0.03 0.03 0.03
Amortization Expense		 - - - 0.19 0.20 0.20 0.12 0.13 0.13 0.13 0.13
Non-Cash Adjustments To Reconcile Net Income		 4.46 3.04 4.44 3.79 2.98 -2.26 1.29 1.19 -7.34 0.88 -3.88
Changes in Operating Assets and Liabilities, net		 -5.33 -0.86 -0.52 1.28 0.93 -0.39 -1.28 0.50 0.24 -1.87 -2.46
Net Cash From Investing Activities		 0.79 0.00 -0.04 0.06 0.13 17 1.15 0.47 6.28 0.00 3.52
Net Cash From Continuing Investing Activities		 0.79 0.00 -0.04 0.06 0.13 17 1.15 0.47 6.28 0.00 3.52
Divestitures		 - 0.00 - - - 16 0.17 -0.01 0.15 0.00 0.35
Sale and/or Maturity of Investments		 - 0.00 - - - 0.39 - - - 0.00 3.17

Annual Balance Sheets for Veru

This table presents Veru's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 9/30/2015 9/30/2016 9/30/2017 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024 9/30/2025
Total Assets		 37 39 55 48 54 52 178 135 50 60 30
Total Current Assets		 22 16 10 11 17 27 152 104 23 35 19
Cash & Equivalents		 4.11 2.39 3.28 3.76 6.30 14 122 80 9.63 25 16
Short-Term Investments		 - - - - - - - - - 0.74 2.53
Prepaid Expenses		 0.61 0.63 0.83 1.15 1.84 1.49 10 12 2.10 0.81 0.60
Plant, Property, & Equipment, net		 1.24 0.83 0.56 0.40 0.35 0.31 0.59 1.19 1.65 0.48 0.36
Total Noncurrent Assets		 15 22 44 37 36 24 26 30 25 25 11
Goodwill		 - 0.00 6.88 6.88 6.88 6.88 6.88 6.88 6.88 6.88 6.88
Other Noncurrent Operating Assets		 0.14 0.19 0.19 0.97 0.99 2.12 1.85 6.35 5.84 4.24 3.68
Total Liabilities & Shareholders' Equity		 37 39 55 48 54 52 178 135 50 60 30
Total Liabilities		 4.34 4.69 6.88 19 21 21 26 53 30 28 12
Total Current Liabilities		 4.23 3.35 5.49 14 14 15 16 39 18 12 7.79
Accounts Payable		 1.08 0.70 2.69 3.23 3.12 2.81 3.41 22 15 2.93 3.52
Current Employee Benefit Liabilities		 0.59 0.26 0.41 0.69 1.60 2.27 4.99 5.99 0.99 4.49 3.51
Other Current Liabilities		 2.56 2.38 1.18 1.78 1.44 2.86 5.35 4.38 1.90 1.76 0.76
Total Noncurrent Liabilities		 0.11 1.34 1.40 5.42 7.28 6.71 10 14 13 16 3.72
Other Noncurrent Operating Liabilities		 - 1.23 1.26 1.87 4.09 6.63 10 14 13 16 3.72
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 33 34 48 29 32 30 152 83 20 32 18
Total Preferred & Common Equity		 33 34 48 29 32 30 152 83 20 32 18
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 33 34 48 29 32 30 152 83 20 32 18
Common Stock		 70 70 91 96 111 128 242 255 285 335 343
Retained Earnings		 -28 -28 -34 -58 -70 -89 -82 -164 -257 -295 -317
Treasury Stock		 -7.81 -7.81 -7.81 -7.81 -7.81 -7.81 -7.81 -7.81 -7.81 -7.81 -7.81
Accumulated Other Comprehensive Income / (Loss)		 -0.58 -0.58 -0.58 -0.58 -0.58 -0.58 -0.58 -0.58 -0.58 -0.58 0.00

Quarterly Balance Sheets for Veru

This table presents Veru's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 12/31/2024 3/31/2025 6/30/2025 12/31/2025 3/31/2026
Total Assets		 81 72 65 40 33 27 48 43
Total Current Assets		 53 45 38 28 21 16 37 33
Cash & Equivalents		 41 35 29 27 20 15 33 28
Short-Term Investments		 - - - - - - 2.41 3.17
Prepaid Expenses		 3.47 2.81 2.74 1.77 1.36 1.18 1.41 2.59
Plant, Property, & Equipment, net		 1.56 1.53 1.49 0.45 0.42 0.39 0.34 0.31
Total Noncurrent Assets		 26 25 25 11 11 11 10 9.42
Goodwill		 6.88 6.88 6.88 6.88 6.88 6.88 6.88 6.88
Other Noncurrent Operating Assets		 5.46 5.27 5.08 4.12 3.99 3.87 3.54 2.54
Total Liabilities & Shareholders' Equity		 81 72 65 40 33 27 48 43
Total Liabilities		 29 27 27 13 12 12 10 8.30
Total Current Liabilities		 17 9.57 11 6.35 5.62 6.68 7.13 5.39
Accounts Payable		 11 2.46 5.21 2.53 2.69 2.92 1.82 2.45
Current Employee Benefit Liabilities		 2.15 2.68 3.39 1.50 1.99 2.78 4.55 2.16
Other Current Liabilities		 3.95 4.42 2.03 0.74 0.75 0.75 0.76 0.77
Total Noncurrent Liabilities		 12 17 16 6.85 6.01 5.30 3.32 2.91
Other Noncurrent Operating Liabilities		 12 17 16 6.85 6.01 5.30 3.32 2.91
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 52 45 38 27 21 15 37 35
Total Preferred & Common Equity		 52 45 38 27 21 15 37 35
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 52 45 38 27 21 15 37 35
Common Stock		 325 329 332 338 340 342 368 368
Retained Earnings		 -265 -275 -286 -304 -311 -319 -323 -325
Treasury Stock		 -7.81 -7.81 -7.81 -7.81 -7.81 -7.81 -7.81 -7.81
Accumulated Other Comprehensive Income / (Loss)		 -0.58 -0.58 -0.58 0.00 0.00 0.00 0.00 0.00

Annual Metrics And Ratios for Veru

This table displays calculated financial ratios and metrics derived from Veru's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 9/30/2015 9/30/2016 9/30/2017 9/30/2018 9/30/2019 9/30/2020 9/30/2021 9/30/2022 9/30/2023 9/30/2024 9/30/2025
DEI Shares Outstanding		 28,760,965.00 29,052,667.00 53,208,439.00 55,284,956.00 65,038,247.00 69,863,681.00 79,853,748.00 80,146,735.00 180,560,878.00 146,383,920.00 14,650,392.00
DEI Adjusted Shares Outstanding		 2,876,096.00 2,905,267.00 5,320,844.00 5,528,496.00 6,503,825.00 6,986,368.00 7,985,375.00 8,014,673.00 18,056,088.00 14,638,392.00 1,465,039.00
DEI Earnings Per Adjusted Shares Outstanding		 1.51 0.12 -1.62 -4.33 -1.85 -2.72 0.93 -10.49 -5.16 -2.58 -15.51
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 33.13% -32.13% -38.29% 16.18% 100.47% 33.92% 43.83% -35.76% -58.59% -100.00% 0.00%
EBITDA Growth		 57.95% -54.93% -350.91% -142.19% 63.68% -109.52% 162.55% -946.19% -13.57% 61.97% 31.12%
EBIT Growth		 68.98% -57.92% -405.71% -133.91% 62.15% -102.63% 159.31% -968.02% -13.61% 60.93% 31.07%
NOPAT Growth		 78.29% -91.40% -1,707.91% -145.73% 69.17% -129.13% 317.87% -359.86% -12.33% 61.43% 31.57%
Net Income Growth		 78.62% -92.07% -2,018.06% -262.04% 49.80% -57.88% 138.97% -1,236.55% -10.84% 59.42% 39.88%
EPS Growth		 87.50% -93.33% -2,600.00% -76.00% 56.82% -47.37% 132.14% -1,266.67% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 -142.25% -10.70% 157.33% -1,274.72% 52.49% 64.81% -706.75% -205.09% -85.27% 75.36% -38.56%
Free Cash Flow Firm Growth		 -193.62% 12.43% -809.83% 76.75% 18.73% 143.88% 819.33% -308.54% -134.92% 96.90% -1,237.96%
Invested Capital Growth		 30.35% 8.69% 43.19% -22.27% -2.30% -34.82% 33.85% -91.29% 285.66% -229.30% 100.10%
Revenue Q/Q Growth		 5.16% -13.97% 0.96% 10.53% 12.47% 7.63% 6.79% -24.91% 8.48% -100.00% -100.00%
EBITDA Q/Q Growth		 18.76% -25.76% -41.28% 1.61% 1.21% -164.70% 725.58% -87.40% 26.90% -1.23% 31.41%
EBIT Q/Q Growth		 21.27% -28.04% -40.77% 1.54% 1.14% -155.57% 979.44% -87.06% 26.83% -3.47% 31.28%
NOPAT Q/Q Growth		 40.65% -87.31% -41.26% -5.03% 26.47% -198.85% 798.92% -106.54% 28.16% -3.33% 31.26%
Net Income Q/Q Growth		 41.23% -87.68% -16.33% -28.03% 28.79% -85.99% 5,246.02% -78.63% 26.25% -1.07% 30.52%
EPS Q/Q Growth		 36.36% -88.89% 0.00% 0.00% 29.63% -64.71% 1,000.00% -72.13% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 -81.50% -387.06% 335.60% -41.61% 25.32% 24.13% -3.08% -73.17% 11.45% 19.12% -3.89%
Free Cash Flow Firm Q/Q Growth		 -31.97% -689.49% 2.29% 37.65% -701.90% 1,888.05% 551.97% -161.12% 8.93% 91.77% -75.37%
Invested Capital Q/Q Growth		 -2.43% -2.33% -6.13% -15.41% -4.29% -31.15% -8.45% -84.03% 93.33% -257.73% -96.17%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 58.18% 60.33% 51.40% 55.30% 68.10% 72.28% 78.24% 77.73% 46.43% 0.00% 0.00%
EBITDA Margin		 22.03% 14.63% -59.47% -123.99% -22.46% -35.14% 15.28% -201.31% -552.10% 0.00% 0.00%
Operating Margin		 20.30% 13.64% -62.20% -131.57% -20.24% -34.62% 21.18% -212.14% -575.46% 0.00% 0.00%
EBIT Margin		 20.51% 12.72% -63.00% -126.84% -23.94% -36.23% 14.94% -201.85% -553.76% 0.00% 0.00%
Profit (Net Income) Margin		 13.33% 1.56% -48.42% -150.89% -37.79% -44.55% 12.07% -213.55% -571.60% 0.00% 0.00%
Tax Burden Percent		 64.99% 12.25% 76.86% 103.75% 97.53% 94.62% 173.36% 100.28% 100.52% 107.21% 144.93%
Interest Burden Percent		 100.00% 100.00% 100.00% 114.66% 161.80% 129.95% 46.61% 105.50% 102.69% 100.00% 64.52%
Effective Tax Rate		 35.01% 87.75% 0.00% 0.00% 0.00% 0.00% -73.36% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 16.77% 1.22% -15.50% -36.39% -12.98% -36.43% 86.01% -359.19% -1,037.14% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 15.87% 1.99% 8.03% -827.82% -210.37% 263.43% 109.21% -333.91% -975.90% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 -2.57% -0.19% -0.55% -25.04% -25.90% -24.34% -77.90% 287.69% 855.34% 0.00% 0.00%
Return on Equity (ROE)		 14.20% 1.03% -16.05% -61.43% -38.88% -60.77% 8.11% -71.50% -181.80% -145.40% -89.74%
Cash Return on Invested Capital (CROIC)		 -9.58% -7.10% -51.02% -11.34% -10.66% 5.73% 57.06% -191.23% -1,154.78% 0.00% -236,948.80%
Operating Return on Assets (OROA)		 19.34% 7.40% -18.31% -38.77% -14.92% -29.34% 7.97% -50.68% -97.36% 0.00% 0.00%
Return on Assets (ROA)		 12.57% 0.91% -14.07% -46.13% -23.54% -36.08% 6.44% -53.61% -100.50% 0.00% 0.00%
Return on Common Equity (ROCE)		 14.20% 1.03% -16.05% -61.43% -38.88% -60.77% 8.11% -71.50% -181.80% -145.40% -89.74%
Return on Equity Simple (ROE_SIMPLE)		 13.12% 1.02% -13.65% -81.20% -37.17% -63.01% 4.86% -101.50% -473.38% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 4.30 0.37 -5.95 -15 -4.51 -10 22 -58 -66 -25 -17
NOPAT Margin		 13.19% 1.67% -43.54% -92.10% -14.17% -24.24% 36.71% -148.50% -402.82% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)		 0.90% -0.77% -23.53% 791.43% 197.39% -299.85% -23.20% -25.28% -61.25% -45.44% -16.97%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - -333.61% -78.34% -94.51%
Cost of Revenue to Revenue		 41.82% 39.67% 48.60% 44.70% 31.90% 27.72% 21.76% 22.25% 53.57% 0.00% 0.00%
SG&A Expenses to Revenue		 37.21% 39.14% 84.23% 93.34% 45.12% 34.04% 33.74% 109.71% 294.89% 0.00% 0.00%
R&D to Revenue		 0.67% 0.45% 22.53% 68.40% 43.22% 39.76% 53.37% 180.19% 314.18% 0.00% 0.00%
Operating Expenses to Revenue		 37.88% 46.69% 113.61% 186.86% 88.33% 106.91% 57.06% 289.90% 621.88% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)		 6.69 2.81 -8.60 -20 -7.62 -15 9.15 -79 -90 -35 -24
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 7.18 3.24 -8.12 -20 -7.14 -15 9.36 -79 -90 -34 -24
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.37 1.04 2.91 2.66 4.34 6.08 4.47 11.15 3.30 3.48 3.04
Price to Tangible Book Value (P/TBV)		 1.37 1.04 6.77 36.95 26.58 10.47 4.82 12.83 5.07 4.43 4.86
Price to Revenue (P/Rev)		 1.39 1.60 10.33 4.95 4.42 4.30 11.12 23.46 3.98 0.00 0.00
Price to Earnings (P/E)		 10.46 102.82 0.00 0.00 0.00 0.00 92.12 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 9.56% 0.97% 0.00% 0.00% 0.00% 0.00% 1.09% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.42 1.05 3.05 2.40 4.15 7.84 18.67 323.44 5.50 0.00 2,917.41
Enterprise Value to Revenue (EV/Rev)		 1.27 1.49 10.09 5.30 4.48 4.12 9.12 21.42 3.39 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 5.76 10.21 0.00 0.00 0.00 0.00 59.68 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 6.18 11.75 0.00 0.00 0.00 0.00 61.06 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 9.61 89.40 0.00 0.00 0.00 0.00 24.85 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 140.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 108.01 37.45 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.32 0.26 0.19 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.09 0.09 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.16 -0.10 -0.07 0.03 0.12 -0.09 -0.71 -0.86 -0.88 -1.06 -1.26
Leverage Ratio		 1.13 1.13 1.14 1.33 1.65 1.68 1.26 1.33 1.81 2.12 1.78
Compound Leverage Factor		 1.13 1.13 1.14 1.53 2.67 2.19 0.59 1.41 1.86 2.12 1.15
Debt to Total Capital		 0.00% 0.00% 0.00% 24.16% 20.37% 16.25% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 17.22% 13.26% 16.25% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 6.95% 7.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 75.84% 79.63% 83.75% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 -0.48 -1.16 -0.39 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 -0.29 -0.28 0.52 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 -0.14 -0.40 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 -0.64 -1.84 -0.57 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 -0.39 -0.44 0.75 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 -0.18 -0.64 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 7.25 4.75 11.26 -0.30 2.31 2.83 16.60 7.78 -11.41 -5.88 -14.23
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 5.11 4.87 1.88 0.83 1.20 1.83 9.62 2.69 1.29 2.97 2.43
Quick Ratio		 4.31 3.93 1.22 0.57 0.81 1.28 8.64 2.16 0.79 2.16 2.35
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -2.46 -2.15 -20 -4.55 -3.70 1.62 15 -31 -73 -2.27 -30
Operating Cash Flow to CapEx		 -1,143.59% -26,896.11% 736.32% -22,794.23% -5,054.70% -1,824.98% -4,134.09% -6,480.44% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 -1.54 -0.79 0.35 3.05 -7.12 -30.12 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 -3.91 -1.17 -0.42 -3.19 -10.87 -36.26 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 -3.93 -1.19 -0.44 -3.26 -11.04 -33.65 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.94 0.58 0.29 0.31 0.62 0.81 0.53 0.25 0.18 0.00 0.00
Accounts Receivable Turnover		 3.83 1.78 1.92 4.29 7.07 8.31 8.74 6.38 4.05 0.00 0.00
Inventory Turnover		 5.77 4.14 2.52 2.80 3.41 2.28 2.17 1.23 1.14 0.00 0.00
Fixed Asset Turnover		 22.94 21.43 19.78 33.05 84.09 128.18 135.34 44.26 11.48 0.00 0.00
Accounts Payable Turnover		 12.38 9.87 3.92 2.40 3.20 3.98 4.29 0.69 0.47 0.00 0.00
Days Sales Outstanding (DSO)		 95.34 205.07 189.69 85.03 51.61 43.91 41.77 57.25 90.23 0.00 0.00
Days Inventory Outstanding (DIO)		 63.29 88.11 144.67 130.47 107.01 160.03 168.07 295.88 320.14 0.00 0.00
Days Payable Outstanding (DPO)		 29.48 36.97 93.14 152.13 114.23 91.79 85.18 529.78 771.77 0.00 0.00
Cash Conversion Cycle (CCC)		 129.15 256.20 241.23 63.37 44.39 112.15 124.67 -176.65 -361.39 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 29 32 45 35 34 22 30 2.61 10 -13 0.01
Invested Capital Turnover		 1.27 0.73 0.36 0.40 0.92 1.50 2.34 2.42 2.57 0.00 0.00
Increase / (Decrease) in Invested Capital		 6.76 2.52 14 -10 -0.81 -12 7.57 -27 7.45 -23 13
Enterprise Value (EV)		 41 33 138 84 142 175 559 843 55 87 37
Market Capitalization		 45 35 141 79 140 183 681 923 65 113 56
Book Value per Share		 $1.15 $1.17 $0.91 $0.53 $0.50 $0.43 $1.91 $1.03 $0.22 $0.22 $1.25
Tangible Book Value per Share		 $1.15 $1.17 $0.39 $0.04 $0.08 $0.25 $1.77 $0.90 $0.14 $0.17 $0.78
Total Capital		 33 34 48 39 41 36 152 83 20 32 18
Total Debt		 0.00 0.00 0.00 9.39 8.27 5.84 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 2.70 2.89 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -4.11 -2.39 -3.28 5.63 1.98 -7.75 -122 -80 -9.63 -26 -18
Capital Expenditures (CapEx)		 0.14 0.01 0.13 0.05 0.11 0.11 0.38 0.73 -6.33 -0.15 -8.28
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 13 11 1.53 0.56 1.88 4.54 14 -15 -4.50 -2.30 -7.19
Debt-free Net Working Capital (DFNWC)		 17 13 4.81 4.32 8.17 18 136 65 5.12 23 11
Net Working Capital (NWC)		 17 13 4.81 -2.37 2.79 12 136 65 5.12 23 11
Net Nonoperating Expense (NNE)		 -0.04 0.03 0.67 9.33 7.51 8.65 15 26 28 12 5.40
Net Nonoperating Obligations (NNO)		 -4.11 -2.39 -3.28 5.63 1.98 -7.75 -122 -80 -9.63 -45 -18
Total Depreciation and Amortization (D&A)		 0.49 0.42 0.48 0.45 0.47 0.46 0.21 0.21 0.27 1.04 0.73
Debt-free, Cash-free Net Working Capital to Revenue		 40.65% 47.72% 11.22% 3.55% 5.90% 10.66% 22.24% -37.86% -27.63% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 53.25% 58.50% 35.23% 27.25% 25.70% 42.57% 221.98% 165.90% 31.43% 0.00% 0.00%
Net Working Capital to Revenue		 53.25% 58.50% 35.23% -14.94% 8.76% 28.85% 221.98% 165.90% 31.43% 0.00% 0.00%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.15 $0.01 ($0.25) ($0.44) ($0.19) ($0.28) $0.10 ($1.05) $0.00 ($2.80) ($1.55)
Adjusted Weighted Average Basic Shares Outstanding		 28.53M 28.67M 34.64M 62.62M 65.04M 70.08M 76.27M 80.12M 0.00 13.49M 14.65M
Adjusted Diluted Earnings per Share		 $0.15 $0.01 ($0.25) ($0.44) ($0.19) ($0.28) $0.09 ($1.05) $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 28.92M 28.93M 34.64M 62.62M 65.04M 70.08M 83.80M 80.12M 0.00 14.64M 16.05M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 ($0.44) ($0.19) ($0.28) $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 29.02M 31.34M 53.21M 53.86M 63.32M 66.75M 80.03M 80.62M 0.00 14.64M 16.05M
Normalized Net Operating Profit after Tax (NOPAT)		 4.30 3.15 -5.29 -15 -4.51 -0.45 9.08 -58 -67 -26 -25
Normalized NOPAT Margin		 13.19% 14.24% -38.74% -92.10% -14.17% -1.06% 14.82% -148.50% -410.65% 0.00% 0.00%
Pre Tax Income Margin		 20.51% 12.72% -63.00% -145.43% -38.74% -47.08% 6.96% -212.95% -568.65% 0.00% 0.00%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 -6.82 -1.62 -3.34 1.87 -18.18 -37.18 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 -4.95 -0.96 -2.23 4.60 -13.38 -27.05 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 -6.84 -1.64 -3.36 1.80 -18.35 -34.57 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 -4.97 -0.98 -2.26 4.53 -13.54 -24.44 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.12% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.14% 0.00% 0.00% -0.33% 0.00% 0.00% 1.86% 0.00% -0.28% 0.00% 0.00%

Quarterly Metrics And Ratios for Veru

This table displays calculated financial ratios and metrics derived from Veru's official financial filings.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 180,560,878.00 93,672,854.00 146,381,186.00 146,383,920.00 146,383,920.00 146,383,920.00 146,383,920.00 146,583,920.00 14,650,392.00 16,050,320.00 16,050,320.00
DEI Adjusted Shares Outstanding		 18,056,088.00 9,367,285.00 14,638,119.00 14,638,392.00 14,638,392.00 14,638,392.00 14,638,392.00 14,658,392.00 1,465,039.00 16,050,320.00 16,050,320.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.45 -0.88 -0.68 -0.75 -0.58 -0.61 -0.54 -0.50 0.99 -0.33 -0.17
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 49.19% -100.00% -100.00% -100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Growth		 81.94% 79.93% 73.90% 14.14% -13.59% -33.90% 10.87% 28.93% 117.64% 49.14% 61.94%
EBIT Growth		 81.79% 79.77% 73.75% 12.49% -16.04% -36.09% 9.77% 29.18% 115.25% 48.90% 60.62%
NOPAT Growth		 81.81% 80.26% 74.17% 23.23% -14.27% -38.65% 8.62% 28.44% 117.84% 47.08% 11.12%
Net Income Growth		 80.30% 78.62% 70.33% 12.41% -4.90% -8.09% 21.19% 33.15% 117.04% 40.39% 65.31%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 115.87% 0.00% 0.00%
Operating Cash Flow Growth		 54.53% 82.57% 77.89% 69.37% 54.00% -88.24% -36.93% 2.90% -25.77% 45.56% -15.23%
Free Cash Flow Firm Growth		 -219.01% -484.24% -446.51% -793.91% 225.37% 124.40% 114.75% 125.17% -171.74% -267.27% -335.89%
Invested Capital Growth		 285.66% 382.80% 249.28% 58.48% -229.30% -99.81% -89.84% -95.94% 100.10% 8,542.60% 290.83%
Revenue Q/Q Growth		 15.59% -100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 37.87% -4.08% -13.72% -16.75% 17.80% -22.69% 24.31% 6.91% 120.41% -453.69% 43.36%
EBIT Q/Q Growth		 37.65% -4.07% -13.51% -18.81% 17.32% -22.05% 24.75% 6.74% 117.81% -508.90% 42.01%
NOPAT Q/Q Growth		 40.48% 9.59% -20.25% -18.64% 11.40% -9.69% 20.75% 7.09% 122.09% -425.41% -33.09%
Net Income Q/Q Growth		 35.06% -1.77% -21.15% -9.40% 22.23% -4.86% 11.67% 7.20% 119.82% -466.88% 48.60%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 48.50% 36.58% 6.15% 0.07% 22.67% -159.57% 31.74% 29.14% -0.16% -12.35% -44.50%
Free Cash Flow Firm Q/Q Growth		 -976.76% -2.41% -71.49% 54.94% 258.41% -80.07% 3.65% -23.07% -551.43% 53.53% -46.17%
Invested Capital Q/Q Growth		 93.33% 4.30% -3.43% -18.61% -257.73% 100.15% 5,047.55% -67.49% -96.17% 13,392.13% 132.78%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 39.91% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Margin		 -188.95% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Margin		 -211.71% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Margin		 -190.77% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profit (Net Income) Margin		 -210.57% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Tax Burden Percent		 107.36% 107.94% 115.20% 106.08% 99.78% 494.24% 100.63% 100.13% 111.45% 100.00% 88.64%
Interest Burden Percent		 102.81% 100.00% 100.00% 100.00% 100.00% 17.35% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -381.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 -376.19% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 329.72% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -51.84% 0.00% 0.00% 0.00% -145.40% -98.35% -109.71% 0.00% -89.74% -59.96% -49.98%
Cash Return on Invested Capital (CROIC)		 -1,154.78% -836.20% -431.03% -409.85% 0.00% -320.87% -317.11% -403.45% -236,948.80% -1,791.89% -645.88%
Operating Return on Assets (OROA)		 -33.54% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 -37.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 -51.84% 0.00% 0.00% 0.00% -145.40% -98.35% -109.71% 0.00% -89.74% -59.96% -49.98%
Return on Equity Simple (ROE_SIMPLE)		 0.00% -121.54% -86.17% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -5.72 -5.17 -6.22 -7.38 -6.54 -7.17 -5.69 -5.28 1.17 -3.80 -5.05
NOPAT Margin		 -148.19% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Nonoperating Expense Percent (NNEP)		 -5.36% -7.05% -12.99% -15.74% -7.25% -5.23% -8.04% -9.24% 0.90% -4.95% 9.11%
Return On Investment Capital (ROIC_SIMPLE)		 -29.08% -10.03% -13.76% -19.62% -20.24% -26.94% -27.01% -34.43% 6.36% -10.23% -14.53%
Cost of Revenue to Revenue		 60.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 175.42% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue		 102.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 251.61% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings before Interest and Taxes (EBIT)		 -7.37 -7.67 -8.70 -10 -8.55 -10 -7.85 -7.32 1.30 -5.33 -3.09
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -7.30 -7.60 -8.64 -10 -8.29 -10 -7.70 -7.17 1.46 -5.17 -2.93
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 3.30 1.26 1.40 3.27 3.48 3.58 3.41 5.56 3.04 0.93 1.02
Price to Tangible Book Value (P/TBV)		 5.07 1.45 1.65 4.01 4.43 4.82 5.06 10.07 4.86 1.14 1.27
Price to Revenue (P/Rev)		 3.98 4.71 8.77 31.89 0.00 0.00 0.00 5.05 0.00 0.00 0.00
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 5.50 2.28 2.78 11.38 0.00 3,433.02 50.27 210.10 2,917.41 0.00 1.17
Enterprise Value to Revenue (EV/Rev)		 3.39 1.73 3.90 24.28 0.00 0.00 0.00 4.16 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.88 -0.87 -0.95 -0.77 -1.06 -0.87 -0.83 -0.84 -1.26 -0.97 -0.91
Leverage Ratio		 1.81 1.83 2.29 2.15 2.12 1.54 1.58 1.74 1.78 1.37 1.36
Compound Leverage Factor		 1.86 1.83 2.29 2.15 2.12 0.27 1.58 1.74 1.78 1.37 1.36
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 -5.94 -2.86 -3.64 -3.41 -4.43 -6.54 -9.86 -11.91 -11.39 -7.14 -7.47
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.29 3.21 4.72 3.62 2.97 4.47 3.80 2.42 2.43 5.16 6.19
Quick Ratio		 0.79 2.58 3.92 2.90 2.16 4.19 3.56 2.25 2.35 4.97 5.71
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -13 -13 -23 -10 17 3.29 3.41 2.62 -12 -5.50 -8.05
Operating Cash Flow to CapEx		 0.00% 0.00% -13,897.19% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -63.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 -45.81 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 -42.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.18 0.15 0.10 0.06 0.00 0.00 0.00 0.37 0.00 0.00 0.00
Accounts Receivable Turnover		 4.05 4.41 2.06 1.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover		 1.14 0.89 0.71 0.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 11.48 9.24 4.72 2.59 0.00 0.00 0.00 17.92 0.00 0.00 0.00
Accounts Payable Turnover		 0.47 0.66 0.45 0.20 0.00 0.00 0.00 2.72 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 90.23 82.68 177.13 317.79 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 320.14 412.28 513.55 898.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 771.77 555.66 811.38 1,834.41 0.00 0.00 0.00 134.43 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 -361.39 -60.69 -120.70 -617.64 0.00 0.00 0.00 -134.43 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 10 10 10 8.24 -13 0.02 1.03 0.33 0.01 1.73 4.02
Invested Capital Turnover		 2.57 2.18 4.31 0.57 0.00 0.00 0.00 3.94 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 7.45 8.31 17 3.04 -23 -10 -9.10 -7.91 13 1.71 2.99
Enterprise Value (EV)		 55 24 28 94 87 69 52 70 37 -1.05 4.71
Market Capitalization		 65 65 63 123 113 95 72 85 56 34 35
Book Value per Share		 $0.22 $0.51 $0.31 $0.26 $0.22 $0.18 $0.14 $0.10 $1.25 $2.31 $2.17
Tangible Book Value per Share		 $0.14 $0.44 $0.26 $0.21 $0.17 $0.13 $0.10 $0.06 $0.78 $1.88 $1.74
Total Capital		 20 52 45 38 32 27 21 15 18 37 35
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -9.63 -41 -35 -29 -26 -27 -20 -15 -18 -35 -31
Capital Expenditures (CapEx)		 -0.79 0.00 0.04 -0.06 -0.13 -0.69 -0.97 -0.48 -6.13 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -4.50 -3.86 0.83 -1.29 -2.30 -4.58 -4.26 -5.50 -7.19 -5.72 -2.80
Debt-free Net Working Capital (DFNWC)		 5.12 37 36 28 23 22 16 9.51 11 30 28
Net Working Capital (NWC)		 5.12 37 36 28 23 22 16 9.51 11 30 28
Net Nonoperating Expense (NNE)		 2.41 3.10 3.80 3.59 1.99 1.77 2.22 2.05 -0.29 1.54 -2.31
Net Nonoperating Obligations (NNO)		 -9.63 -41 -35 -29 -45 -27 -20 -15 -18 -35 -31
Total Depreciation and Amortization (D&A)		 0.07 0.07 0.07 0.26 0.26 0.26 0.15 0.16 0.16 0.16 0.16
Debt-free, Cash-free Net Working Capital to Revenue		 -27.63% -27.99% 11.56% -33.53% 0.00% 0.00% 0.00% -32.56% 0.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 31.43% 266.30% 493.82% 721.28% 0.00% 0.00% 0.00% 56.32% 0.00% 0.00% 0.00%
Net Working Capital to Revenue		 31.43% 266.30% 493.82% 721.28% 0.00% 0.00% 0.00% 56.32% 0.00% 0.00% 0.00%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.06) ($0.08) ($0.07) ($0.70) ($6.30) ($0.60) ($0.50) ($0.50) $0.10 ($0.26) ($0.12)
Adjusted Weighted Average Basic Shares Outstanding		 84.97M 100.60M 146.38M 14.64M 1.35M 14.64M 14.64M 14.66M 14.65M 20.31M 23.05M
Adjusted Diluted Earnings per Share		 $0.00 ($0.08) ($0.07) $0.00 ($6.30) $0.00 $0.00 $0.00 $0.10 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 93.67M 100.60M 146.38M 14.64M 14.64M 14.64M 14.66M 14.65M 16.05M 16.05M 16.05M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 ($6.30) $0.00 $0.00 $0.00 $0.10 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 93.67M 146.38M 146.38M 14.64M 14.64M 14.64M 14.66M 14.65M 16.05M 16.05M 16.05M
Normalized Net Operating Profit after Tax (NOPAT)		 -6.42 -5.17 -6.22 -7.46 -6.54 -7.66 -6.37 -5.62 0.82 -3.80 -5.05
Normalized NOPAT Margin		 -166.32% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Pre Tax Income Margin		 -196.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -35.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 -27.62 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 -31.76 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 -23.82 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 -0.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Veru’s latest quarterly results continue to show a company in a cash-rich but unprofitable position. In Q2 2026, Veru reported no revenue, an operating loss of $7.2 million, and a consolidated net loss of $2.7 million. The quarter ended with $27.6 million in cash and equivalents plus $3.2 million in short-term investments, but operating cash burn remained significant.

What stands out most is the improvement in liquidity versus a year ago. Cash and equivalents fell from $33.0 million at Q1 2026 to $27.6 million at Q2 2026, but the balance sheet still looks much stronger than the company’s 2025 low point. Total current assets were $33.4 million against current liabilities of $5.4 million, suggesting near-term obligations are manageable for now.

However, the underlying operating story remains weak. Veru has posted zero revenue in the quarters shown, while SG&A and R&D spending continue to drive losses. In Q2 2026, SG&A was $4.1 million and R&D was $3.1 million, only slightly lower than the prior quarter’s combined spend. That means the company is still funding its operations primarily through cash reserves and financing activities rather than sales.

  • Cash position remains solid: Veru ended Q2 2026 with $27.6 million in cash and equivalents and $3.2 million in short-term investments.
  • Current assets exceed current liabilities: Current assets of $33.4 million were well above current liabilities of $5.4 million at quarter-end.
  • Investing activity added cash: Q2 2026 investing cash flow was positive at $3.5 million, helped by divestitures and investment sales.
  • Net loss narrowed from Q1 2026: Consolidated net loss improved to $2.7 million from $5.3 million in the prior quarter.
  • Non-operating gains helped results: Other income was $4.1 million in Q2 2026, offsetting part of the operating loss.
  • Discontinued operations contributed positively: Discontinued operations added $351,418 to net income in Q2 2026.
  • No revenue reported: Veru reported $0 in revenue in Q1 and Q2 2026, leaving the business entirely dependent on pipeline progress or financing.
  • Operating cash burn remains high: Net cash used in operating activities was $8.9 million in Q2 2026 and $6.2 million in Q1 2026.
  • Quarterly losses remain persistent: Veru has posted sizable losses across the last four years, including $7.9 million in Q2 2025 and $8.3 million in Q1 2024.
  • Share count pressure remains a risk: The company’s history shows meaningful equity issuance, and financing continues to be an important source of cash.

Looking back over the last four years, the trend is clear: Veru has moved from a period with meaningful revenue and much larger operating asset bases in 2023 to a far leaner, more development-stage profile in 2025 and 2026. That transition helped simplify the balance sheet, but it also left the company with no top-line support and continued dependence on outside capital or asset sales.

Bottom line: Veru currently has enough liquidity to keep operating in the near term, but investors should view the stock as a high-risk, development-stage story. The key question is whether the company can translate its pipeline into revenue before cash burn becomes a bigger problem.

07/18/26 12:43 AM ETAI Generated. May Contain Errors.

Veru Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Veru's fiscal year ends in September. Their fiscal year 2025 ended on September 30, 2025.

Veru's net income appears to be on an upward trend, with a most recent value of -$22.73 million in 2025, falling from $4.35 million in 2015. The previous period was -$37.80 million in 2024. Check out Veru's forecast to explore projected trends and price targets.

Veru's total operating income in 2025 was -$24.75 million, based on the following breakdown:
  • Total Gross Profit: $0.00
  • Total Operating Expenses: $24.75 million

Over the last 10 years, Veru's total revenue changed from $32.60 million in 2015 to $0.00 in 2025, a change of -100.0%.

Veru's total liabilities were at $11.50 million at the end of 2025, a 59.1% decrease from 2024, and a 165.1% increase since 2015.

In the past 10 years, Veru's cash and equivalents has ranged from $2.39 million in 2016 to $122.36 million in 2021, and is currently $15.79 million as of their latest financial filing in 2025.

Over the last 10 years, Veru's book value per share changed from 1.15 in 2015 to 1.25 in 2025, a change of 8.6%.


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Financial statements for NASDAQ:VERU last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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