Vinco Ventures, Inc. (BBIG) Income Statement Analysis

See more : Arcis Resources Corporation (ARCS) Income Statement Analysis – Financial Results

Complete financial analysis of Vinco Ventures, Inc. (BBIG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Vinco Ventures, Inc., a leading company in the Leisure industry within the Consumer Cyclical sector.

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Vinco Ventures, Inc. (BBIG)

Industry: Leisure

Sector: Consumer Cyclical

Website: https://www.vincoventures.com

About Vinco Ventures, Inc.

Vinco Ventures, Inc. develops and commercializes end-to-end consumer products in North America. It offers kitchenware, small appliances, toys, pet care, baby products, health and beauty aids, entertainment venue merchandise, and housewares to retailers, mass-market retailers, and e-commerce sites; and personal protective equipment to governmental agencies, hospitals, and distributors. The company also offers Lomotif app that allows its users to create their own music videos; Cortex, a real-time analytics for marketing spend and revenue optimization; and delivers ad-campaign creation, optimalization, and monetization at scale. In addition, it provides Non-Fungible Token, a platform for artists and content owners to distribute their intellectual property, and digital marketing services for brands and influencers. The company was formerly known as Edison Nation, Inc. and changed its name to Vinco Ventures, Inc. in November 2020. Vinco Ventures, Inc. was incorporated in 2017 and is based in Fairport, New York.

Metric	2021	2020	2019	2018	2017	2016
Revenue	9.79M	15.78M	19.63M	16.50M	14.96M	16.02M
Cost of Revenue	7.31M	11.40M	12.82M	11.43M	11.02M	11.05M
Gross Profit	2.48M	4.38M	6.81M	5.08M	3.94M	4.97M
Gross Profit Ratio	25.32%	27.74%	34.68%	30.76%	26.35%	31.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	70.09M	12.28M	15.91M	0.00	2.38M	4.54M
Selling & Marketing	5.12M	310.24K	0.00	0.00	0.00	0.00
SG&A	75.21M	12.28M	15.91M	9.72M	2.38M	4.54M
Other Expenses	7.48M	102.82K	-520.00K	102.82K	102.82K	102.82K
Operating Expenses	82.69M	12.28M	15.39M	9.72M	2.38M	4.54M
Cost & Expenses	90.00M	23.68M	28.21M	21.14M	13.40M	15.59M
Interest Income	0.00	0.00	0.00	0.00	4.00K	5.84K
Interest Expense	72.78M	3.38M	1.30M	384.52K	0.00	0.00
Depreciation & Amortization	3.93M	1.96M	1.62M	487.88K	188.28K	190.94K
EBITDA	-639.20M	-5.52M	-11.30M	-4.05M	1.75M	622.02K
EBITDA Ratio	-6,528.22%	-37.17%	-34.98%	-25.17%	11.68%	3.88%
Operating Income	-80.21M	-7.90M	-8.58M	-4.64M	1.56M	431.09K
Operating Income Ratio	-819.19%	-50.07%	-43.73%	-28.13%	10.43%	2.69%
Total Other Income/Expenses	-635.70M	-3.30M	-1.19M	-398.41K	102.82K	108.65K
Income Before Tax	-715.91M	-5.05M	-14.22M	-5.04M	1.67M	539.74K
Income Before Tax Ratio	-7,311.65%	-31.97%	-72.44%	-30.54%	11.14%	3.37%
Income Tax Expense	189.50K	19.20K	-19.55K	303.92K	133.11K	40.37K
Net Income	-713.17M	-5.07M	-14.20M	-5.34M	1.53M	499.37K
Net Income Ratio	-7,283.69%	-32.10%	-72.34%	-32.38%	10.25%	3.12%
EPS	-224.72	-9.64	-47.13	-1.29	0.35	2.29
EPS Diluted	-224.72	-9.64	-47.13	-1.29	0.35	2.29
Weighted Avg Shares Out	3.17M	525.70K	301.30K	4.16M	4.37M	218.45K
Weighted Avg Shares Out (Dil)	3.17M	525.70K	301.30K	4.16M	4.37M	218.45K

BBIG Stock: Vinco Ventures Soars 127% Today in Over-the-Counter Trading

December 5, 2023investorplace.com

Shares of Vinco Ventures (OTCMKTS: BBIG ) stock closed higher by 127% today and were up by as much as 7,150% during afternoon intraday trading. Still, shareholders shouldn't place too much hope on today's gains.

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