See more : Phoenix Group Holdings plc (PHNX.L) Income Statement Analysis – Financial Results
Complete financial analysis of Virgin Galactic Holdings, Inc. (SPCE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Virgin Galactic Holdings, Inc., a leading company in the Aerospace & Defense industry within the Industrials sector.
You may be interested
- CQS New City High Yield Fund Limited (NCYF.L) Income Statement Analysis – Financial Results
- Sungmoon Electronics Co., Ltd. (014910.KS) Income Statement Analysis – Financial Results
- Shricon Industries Limited (SHRICON.BO) Income Statement Analysis – Financial Results
- Establishment Labs Holdings Inc. (ESTA) Income Statement Analysis – Financial Results
- Berli Jucker Public Company Limited (BJC.BK) Income Statement Analysis – Financial Results
Virgin Galactic Holdings, Inc. (SPCE)
About Virgin Galactic Holdings, Inc.
Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.80M | 2.31M | 3.29M | 238.00K | 3.78M | 2.85M | 1.75M |
| Cost of Revenue | 50.54M | 1.91M | 272.00K | 173.00K | 2.00M | 1.34M | 488.00K |
| Gross Profit | -43.74M | 406.00K | 3.02M | 65.00K | 1.78M | 1.51M | 1.27M |
| Gross Profit Ratio | -643.21% | 17.56% | 91.74% | 27.31% | 47.00% | 52.83% | 72.18% |
| Research & Development | 295.14M | 314.17M | 149.38M | 158.76M | 132.87M | 116.73M | 93.09M |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 174.86M | 175.12M | 173.18M | 116.59M | 82.17M | 46.30M | 610.63K |
| Other Expenses | 17.77M | 11.10M | 182.00K | 14.00K | 128.00K | 1.34M | 140.00M |
| Operating Expenses | 487.77M | 500.39M | 322.56M | 275.35M | 215.04M | 1.34M | 140.00M |
| Cost & Expenses | 538.31M | 502.30M | 322.83M | 275.52M | 217.04M | 1.34M | 140.00M |
| Interest Income | 42.23M | 12.50M | 1.18M | 2.28M | 2.30M | 12.58M | 0.00 |
| Interest Expense | 12.87M | 12.13M | 26.00K | 36.00K | 36.00K | 10.00K | 0.00 |
| Depreciation & Amortization | 13.37M | 11.10M | 11.52M | 9.78M | 7.00M | 5.81M | 4.55M |
| EBITDA | -475.64M | -476.33M | -341.28M | -635.07M | -206.26M | -132.18M | -134.16M |
| EBITDA Ratio | -6,994.75% | -20,602.34% | -8,303.98% | -110,593.28% | -5,391.11% | -37.67% | -7,981.76% |
| Operating Income | -531.51M | -499.98M | -319.54M | -275.28M | -213.26M | -1.34M | -140.00M |
| Operating Income Ratio | -7,816.31% | -21,625.61% | -9,706.41% | -115,665.55% | -5,640.36% | -47.17% | -7,981.76% |
| Total Other Income/Expenses | 29.63M | 430.00K | -33.29M | -369.60M | 2.39M | 29.19M | 140.04M |
| Income Before Tax | -501.88M | -499.55M | -352.82M | -273.03M | -210.87M | 10.97M | 1.33M |
| Income Before Tax Ratio | -7,380.65% | -21,607.01% | -10,717.50% | -114,718.07% | -5,577.18% | 384.87% | 75.87% |
| Income Tax Expense | 453.00K | 598.00K | 79.00K | 6.00K | 62.00K | -24.62M | 155.00K |
| Net Income | -502.34M | -500.15M | -352.90M | -273.04M | -210.94M | 10.97M | 1.33M |
| Net Income Ratio | -7,387.31% | -21,632.87% | -10,719.90% | -114,720.59% | -5,578.82% | 384.87% | 75.87% |
| EPS | -29.79 | -37.90 | -28.50 | -24.92 | -21.77 | 1.13 | -14.27 |
| EPS Diluted | -29.79 | -37.90 | -28.50 | -24.92 | -21.70 | 1.13 | -14.27 |
| Weighted Avg Shares Out | 16.86M | 13.20M | 12.38M | 10.96M | 9.69M | 9.68M | 9.68M |
| Weighted Avg Shares Out (Dil) | 16.86M | 13.20M | 12.38M | 10.96M | 9.72M | 9.68M | 9.68M |
As the Virgin Galactic (SPCE) stock surges, beware of this key risk
Virgin Galactic (NYSE: SPCE) stock price joined other meme companies like AMC, Blackberry, and GameStop in a strong rally. It soared by over 9% on Monday and continued its comeback on Tuesday as it surged by over 12%.
Why Virgin Galactic Stock Jumped 13% on Monday
TD Cowen lowered its price target on Virgin Galactic stock to $2 a share today. That's about twice what the stock currently costs.
The 3 Best Space Stocks to Buy in May 2024
The space arena is surging with innovation and technical accomplishments, spotlighting some of the best space stocks to buy. SpaceX broke the record in 2023 with 96 successful missions.
Is Virgin Galactic Stock a Buy?
Virgin Galactic is building a space tourism business. It has proven the concept and is actually running space tourism flights, but it is nowhere near profitable.
3 Stocks to Purge ASAP Before They're Pulled off Life Support
There are several stocks to sell now that are clinging to life support. These companies have been diluting their shares and burning cash at an alarming rate, making a successful comeback an increasingly unlikely prospect.
Virgin Galactic Stock Has 25% Downside Risk, According to 1 Wall Street Analyst Firm
Virgin Galactic stock beat sales and earnings estimates this week, but Wells Fargo says the stock is still a sell. Virgin Galactic is losing money with the one spaceplane it has in service -- and that spaceplane is about to...
Virgin Galactic on Track for Delta Launches in 2026
Revenue jumped year over year in the first quarter. Net loss improved in the quarter.
Why Virgin Galactic Stock Just Dropped an Unlucky 7%
Virgin Galactic beat on sales and earnings last night, in a very specific way. Sales were better than expected, and losses lower, but revenue is still minimal and losses very large.
Virgin Galactic's better-than-expected cash burn a positive sign, says KeyBanc
Virgin Galactic Holdings Inc. gave an update on its closely-monitored cash position when it reported its first-quarter results after the bell Tuesday, with the company's cash burn, in particular, attracting attention.
Virgin Galactic (SPCE) Reports Q1 Loss, Lags Revenue Estimates
Virgin Galactic (SPCE) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.57 per share a year ago.
Source: https://incomestatements.info
Category: Stock Reports