V.S. International Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Revenue	64.11	23.13	10.7	18	39.65
Revenue Growth (YoY)	177.17%	116.18%	-40.56%	-54.60%	-42.66%
Cost of Revenue	52.05	19.79	9.09	16.49	31.24
Gross Profit	12.06	3.33	1.61	1.51	8.4
Selling, General & Admin	7.1	6.98	4.26	5.62	7.89
Other Operating Expenses	0.58	-0.55	-0.63	-1.42	-0.03
Operating Expenses	7.68	6.49	3.63	4.2	7.86
Operating Income	4.38	-3.16	-2.02	-2.69	0.55
Interest Expense	-0.84	-0.5	-0.25	-0.31	-0.94
Interest & Investment Income	-	0.16	0.13	0.16	0.08
Earnings From Equity Investments	-	0.4	0.34	0.32	0.69
Currency Exchange Gain (Loss)	-	0.08	0.02	0.21	-0.31
Other Non Operating Income (Expenses)	0.02	-0.01	-0.01	-0.02	-0.02
EBT Excluding Unusual Items	3.55	-3.03	-1.79	-2.34	0.05
Gain (Loss) on Sale of Investments	-	1.11	-	-	0.14
Gain (Loss) on Sale of Assets	-	0.03	0.28	-0.71	0.43
Asset Writedown	0.03	-3.25	-1.61	-4.11	-1.42
Other Unusual Items	-	4.59	-	-	-
Pretax Income	3.58	-0.56	-3.12	-7.16	-0.8
Income Tax Expense	1.11	0.41	0	-0.01	0.07
Earnings From Continuing Operations	2.47	-0.97	-3.12	-7.15	-0.87
Minority Interest in Earnings	-2.08	-0.59	-	-	-
Net Income	0.4	-1.56	-3.12	-7.15	-0.87
Net Income to Common	0.4	-1.56	-3.12	-7.15	-0.87
Shares Outstanding (Basic)	1,975	2,373	2,308	2,308	2,308
Shares Outstanding (Diluted)	1,975	2,373	2,308	2,308	2,308
Shares Change (YoY)	-16.79%	2.85%	-	-	-
EPS (Basic)	0.00	-0.00	-0.00	-0.00	-0.00
EPS (Diluted)	0.00	-0.00	-0.00	-0.00	-0.00
Free Cash Flow	-	-1.34	1.9	5.52	1.17
Free Cash Flow Per Share	-	-0.00	0.00	0.00	0.00
Gross Margin	18.81%	14.42%	15.06%	8.38%	21.20%
Operating Margin	6.83%	-13.66%	-18.90%	-14.96%	1.38%
Profit Margin	0.62%	-6.73%	-29.20%	-39.74%	-2.19%
Free Cash Flow Margin	-	-5.79%	17.75%	30.64%	2.95%
EBITDA	6.88	-0.77	-0.23	0.58	3.84
EBITDA Margin	10.73%	-3.32%	-2.14%	3.24%	9.68%
D&A For EBITDA	2.5	2.39	1.79	3.28	3.29
EBIT	4.38	-3.16	-2.02	-2.69	0.55
EBIT Margin	6.83%	-13.66%	-18.90%	-14.96%	1.38%
Effective Tax Rate	30.97%	-	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.