See more : Select Energy Services, Inc. (WTTR) 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.
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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 |
Why Virgin Galactic Stock Keeps Going Down
Virgin Galactic announced a 1-for-20 reverse stock split last week. Its stock has fallen 31% since.
Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the grant, effective June 15, 2024, of a time-based inducement restricted stock unit award of 1,741 shares...
Why Virgin Galactic's Reverse Stock Split Went Splat
Virgin Galactic confirmed last week that it would reverse split its stock 1-for-20. The reverse split has taken effect, and Virgin Galactic began trading at its new and improved stock price this morning.
Virgin Galactic's Stock Split Gave Its Price a Boost. This Will Bring It Back to Earth.
The unprofitable space tourism company did a reverse stock split to boost the share price. But that won't change its poor fundamentals.
Will a 1-for-20 Reverse Split Save Virgin Galactic (SPCE) Stock?
Virgin Galactic (NYSE: SPCE ) stock is in the spotlight today as the company's 1-for-20 reverse split goes into effect. The firm, which specializes in carrying out commercial space flights, is executing the split in order to comply with the New...
Virgin Galactic stock forecast: is SPCE a bargain or a value trap?
The Virgin Galactic (NYSE: SPCE) stock price continued its remarkable sell-off this month as it crashed to its all-time low. It dropped to a low of $0.6850 on Friday, bringing the year-to-date losses to 72%.
Virgin Galactic Can Breathe a Sigh of Relief, as Elon Musk's Space Tourism Business Stumbles
On June 1, SpaceX's highest-profile space tourism mission was abruptly canceled. On June 8, Virgin Galactic flew what may be its final space tourism flight.
Money Pit Warning: 7 Stocks to Sell ASAP Before They Die
Despite the market currently undergoing one of the strongest rallies this year, you should still look out for stocks to sell. The market might be cooperating right now, but that's not helping certain businesses.
Virgin Galactic Stock: Buy, Sell, or Hold?
Virgin Galactic has flown the last flight with its Unity spacecraft. The company is burning through cash as it looks to build the Delta generation of spacecraft.
Virgin Galactic Stock: Now We Wait
It'll be two years before Virgin Galactic can prove its strategy right.
Source: https://incomestatements.info
Category: Stock Reports