VirnetX Holding (VHC) Financials

$11.98

$-6.58 (-35.45%)

As on 09-Sep-2026 16:26EDT

Market cap

$49 Mln

Revenue (TTM)

$0 Mln

P/E Ratio

--

P/B Ratio

3.2

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	0.11	0.16	0.01	0.01	0.05	0.04
Cost of Revenue	0.03	0.02	--	0.01	0.00	-9.08
Gross Profit	0.09	0.14	0.01	0.00	0.05	0.04
Operating Expenses	20.21	19.08	20.40	31.44	22.12	49.21
Operating Profit (EBIT)	-20.11	-18.94	-20.40	-31.45	-22.08	-49.17
Other Income	--	--	--	--	--	0.05
Profit before Tax	-19.81	-18.23	-18.17	-27.95	-20.23	-49.13
Provision for Tax	0.00	0.00	0.00	-0.08	16.03	-6.21
Profit after Tax (Net Income)	-19.81	-18.23	-18.18	-27.87	-36.26	-42.92
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	-18.18	-27.87	-36.26	-39.59

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	15.06	22.47	39.62	56.01	152.24	185.45
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	5.65	6.56	2.79	3.15	0.37	0.05
Current Liabilities	2.26	2.03	7.20	1.25	0.73	1.02
Total Liabilities	25.23	31.06	49.61	60.41	152.98	186.52

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	8.87	9.40	11.41	6.58	0.71	17.02
Current Assets	14.11	21.67	38.20	53.83	152.26	169.49
Total Assets	37.08	31.06	49.61	60.41	152.98	186.52
Total Debt*	--	--	9.35	3.64	--	0.10
Net Current Assets	--	19.64	31.01	52.58	151.53	168.47

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	-15.64	-15.33	-24.77	-16.89	-51.72
Cash Flow from Investing Activities	--	8.77	12.46	35.94	-38.54	1.03
Cash from Financing Activities	--	-0.87	-0.13	-71.44	-0.03	-0.20
Net Cash Inflow / Outflow	--	--	--	--	--	-50.89

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	-5.11	-4.34	-5.05	-7.70	-10.15	-12.05
Cash EPS ($)	--	-4.33	-5.05	-7.70	-10.15	-12.05
Adjusted Book Value ($)	--	5.35	11.02	15.48	42.63	52.07
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	-3.72	-4.26	-6.85	-4.73	-14.52
Free Cash Flow per Share ($)	--	-3.73	-4.27	-6.86	-4.73	-14.53

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	-51.02	-33.46	-26.31	-21.47	-20.94
ROE (%)	-105.53	-58.70	-38.01	-26.77	-21.48	-20.94
ROA (%)	-49.00	-45.18	-33.04	-26.12	-21.36	-20.38
EBIT Margin (%)	-17,492.98	-11,251.23	-363,440.00	-399,285.71	-46,000.00	-140,360.00
Net Margin (%)	-17,373.68	-11,250.00	-363,500.00	-398,157.14	-75,541.67	-51,712.05
Cash Profit Margin (%)	-0.91	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	128.00	31.40	-0.29	-0.85	0.37	-1.00
EBIT Growth (%)	-14.93	-0.30	34.98	-26.59	55.05	-115.98
Net Profit Growth (%)	-14.13	-0.28	34.79	23.14	15.52	-115.31
EPS Growth (%)	-6.51	0.14	0.34	0.24	0.16	-1.15
Book Value Growth (%)	-55.92	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	--	-3.85	-1.55	-0.91	-0.13	-0.22
Price / Book Value	3.22	3.12	0.71	0.45	0.03	0.05
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	1.74	-2.67	0.03	0.88	6.68	3.26
Close Price ($)	12.70	16.69	7.85	7.00	26.00	52.00
High Price ($)	29.00	29.00	9.44	53.60	56.20	164.80
Low Price ($)	10.07	6.55	3.55	3.50	19.80	51.20
Market Cap ($ Cr)	49.12	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	--	0.24	0.06	--	0.00
Short term debt to equity ratio	--	--	0.17	0.01	--	0.00
Current Ratio	6.24	10.70	5.31	42.93	208.29	166.01
Quick Ratio	6.24	--	--	--	208.29	166.01
Interest Coverage	--	--	--	--	-11.95	-1,023.46

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	--	11.73	--	28.57	29.17	48.57
Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Receivable days	--	21.42	73.05	417.43	117.95	130.45
Inventory Days	--	--	--	0.04	0.12	-58.43
Payable days	--	5,748.72	--	16,497.13	43,282.13	-19.95
Cash Conversion Cycle	--	--	--	-16,079.66	-43,164.06	91.97

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.