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Veritas Farms OTCPK:VFRM Stock Report

Last Price

US$0.0008

Market Cap

US$131.1k

7D

0%

1Y

-94.1%

Updated

23 Dec, 2024

Data

Company Financials

VFRM Stock Overview

Focuses on growing, producing, marketing, and distributing hemp oils and extracts containing phytocannabinoids. More details

VFRM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Veritas Farms, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Veritas Farms
Historical stock prices
Current Share PriceUS$0.0008
52 Week HighUS$0.28
52 Week LowUS$0.000001
Beta0.82
1 Month Change60.00%
3 Month Change-61.90%
1 Year Change-94.07%
3 Year Change-97.56%
5 Year Change-99.92%
Change since IPO-99.96%

Recent News & Updates

Recent updates

Shareholder Returns

VFRMUS PharmaceuticalsUS Market
7D0%1.6%-2.2%
1Y-94.1%9.7%23.9%

Return vs Industry: VFRM underperformed the US Pharmaceuticals industry which returned 7.9% over the past year.

Return vs Market: VFRM underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is VFRM's price volatile compared to industry and market?
VFRM volatility
VFRM Average Weekly Movementn/a
Pharmaceuticals Industry Average Movement10.4%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: VFRM's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine VFRM's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a17Tom Vickerswww.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

How do Veritas Farms's earnings and revenue compare to its market cap?
VFRM fundamental statistics
Market capUS$131.10k
Earnings (TTM)-US$6.15m
Revenue (TTM)US$883.65k

0.1x

P/S Ratio

0.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VFRM income statement (TTM)
RevenueUS$883.65k
Cost of RevenueUS$2.34m
Gross Profit-US$1.46m
Other ExpensesUS$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 Ratio1,899.8%

How did VFRM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 13:30
End of Day Share Price 2024/12/23 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Veritas Farms, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution