VFRM Stock Overview
Veritas Farms, Inc. focuses on growing, producing, marketing, and distributing hemp oils and extracts containing phytocannabinoids.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Veritas Farms, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.02 |
| 52 Week High | US$0.072 |
| 52 Week Low | US$0.013 |
| Beta | 1.13 |
| 1 Month Change | 18.59% |
| 3 Month Change | -9.60% |
| 1 Year Change | -70.42% |
| 3 Year Change | -89.10% |
| 5 Year Change | -99.43% |
| Change since IPO | -99.11% |
Recent News & Updates
Recent updates
Shareholder Returns
| VFRM | US Pharmaceuticals | US Market | |
|---|---|---|---|
| 7D | 18.6% | -2.2% | -3.7% |
| 1Y | -70.4% | 11.6% | 20.5% |
Return vs Industry: VFRM underperformed the US Pharmaceuticals industry which returned 11.6% over the past year.
Return vs Market: VFRM underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| VFRM volatility | |
|---|---|
| VFRM Average Weekly Movement | n/a |
| Pharmaceuticals Industry Average Movement | 9.6% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: VFRM's share price has been volatile over the past 3 months.
Volatility Over Time: Insufficient data to determine VFRM's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 17 | Tom Vickers | www.theveritasfarms.com |
Veritas Farms, Inc. focuses on growing, producing, marketing, and distributing hemp oils and extracts containing phytocannabinoids. The company’s products include capsules, gummies, tinctures, lotions, salves, cream, balm sticks, lip balms, and pet chews. It markets and sells its products under the Veritas Farms brand name, as well as through bulk, white label and private label custom formulations for distributors and retailers.
Veritas Farms, Inc. Fundamentals Summary
| VFRM fundamental statistics | |
|---|---|
| Market cap | US$3.30m |
| Earnings (TTM) | -US$6.15m |
| Revenue (TTM) | US$883.65k |
3.7x
P/S Ratio-0.5x
P/E RatioIs VFRM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VFRM income statement (TTM) | |
|---|---|
| Revenue | US$883.65k |
| Cost of Revenue | US$2.34m |
| Gross Profit | -US$1.46m |
| Other Expenses | US$4.70m |
| Earnings | -US$6.15m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.038 |
| Gross Margin | -164.66% |
| Net Profit Margin | -696.22% |
| Debt/Equity Ratio | 1,899.8% |
How did VFRM perform over the long term?
See historical performance and comparison