Growth & profitability
- Revenue has grown 25.2% per year over the past 3 years.
- Operating margin has expanded, at -19.9% in the latest year.
Financial health
- Operating income covered interest expense -5.6× in the latest year.
VSTD Financials Vestand Inc.
4 years of revenue, profit, cash flow and balance-sheet history through FY2024, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2024 | $13M | -$3M | 0.0% | -19.9% | $113697 | — | — |
| 2023 | $9M | -$3M | 0.0% | -38.1% | -$6M | — | — |
| 2022 | $8M | -$3M | 0.0% | -45.7% | -$5M | — | — |
| 2021 | $7M | -$2M | 0.0% | -28.5% | -$702472 | — | — |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Jun '25 | $4M | -$1M | 0.0% | -46.2% | -$1M | $3M | — |
| Mar '25 | $4M | -$1M | 0.0% | -36.3% | -$895826 | $3M | — |
| Dec '24 | $4M | $537268 | 0.0% | 5.8% | -$613980 | — | — |
| Sep '24 | $3M | -$1M | 0.0% | -34.8% | $504860 | $3M | — |
| Jun '24 | $3M | -$1M | 0.0% | -28.5% | $952655 | $3M | — |
| Mar '24 | $3M | -$876205 | 0.0% | -27.5% | -$729838 | — | — |
| Dec '23 | $3M | $8597 | 0.0% | -26.3% | -$1M | — | — |
| Sep '23 | $2M | -$884943 | 0.0% | -40.6% | -$1M | — | — |
| Jun '23 | $2M | -$1M | 0.0% | -43.0% | -$881271 | — | — |
| Mar '23 | $2M | -$1M | 0.0% | -43.7% | -$3M | — | — |
| Dec '22 | $3M | -$1M | 0.0% | -43.4% | -$1M | — | — |
| Sep '22 | $2M | -$2M | 0.0% | -84.6% | -$3M | $1M | — |
| Jun '22 | $2M | -$446622 | 0.0% | -22.0% | -$607250 | — | — |
| Mar '22 | $2M | -$393792 | 0.0% | -37.2% | -$564289 | — | — |
| Dec '21 | $2M | -$2M | 0.0% | -75.7% | -$196222 | — | — |
| Sep '21 | $2M | $17746 | 0.0% | -12.6% | — | — | — |
| Jun '21 | — | $23183 | — | — | — | — | — |
| Mar '21 | — | -$83897 | — | — | — | — | — |
Valuation over time
How the market has priced VSTD against its own fundamentals since 2025-09 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has fallen from 0.2× (Sep '25) to 0.0× (Jun '26).
P/S
Frequently asked questions
Is VSTD growing its revenue and profit?
Over the past 3 years, Vestand Inc.'s revenue has grown 25.2% per year. These are computed facts, not advice.
How much debt does VSTD have?
As of FY2024, Vestand Inc. reported — of total debt against — of cash; operating income covered interest expense -5.6×.
What is VSTD's profit margin?
In FY2024, gross margin was —, operating margin -19.9%, and net margin -20.8%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.