Skip to content

VERUS INTERNATIONAL, INC.: 10-Q filed 2019-06-17

What VERUS INTERNATIONAL, INC. reported in its quarterly report filed 2019-06-17 (fiscal Q2 2019): 32 published measures, 96 facts as tagged in accession 0001493152-19-009269.

This filing

Form
10-Q (quarterly report)
Filed
2019-06-17
Fiscal period
fiscal Q2 2019
Accession
0001493152-19-009269 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All VERUS INTERNATIONAL, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2019-04-302,926,555USD
At 2018-10-311,402,107USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2019-04-3079,568USD
At 2019-01-31-1,895,204USD
At 2018-10-31-1,558,229USD
At 2018-04-30-1,074,100USD
At 2018-01-31-774,762USD
At 2017-10-31-798,577USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2019-04-30493,032USD
At 2018-10-3128,554USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2019-02-01 to 2019-04-302,164,614USD89
2018-11-01 to 2019-04-301,826,134USD181
2018-11-01 to 2019-01-31-338,478USD92
2018-02-01 to 2018-04-30-354,794USD89
2017-11-01 to 2018-04-30-867,844USD181
2017-11-01 to 2018-01-31-507,006USD92

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2018-11-01 to 2019-04-30-377,792USD181
2017-11-01 to 2018-04-30-773,338USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2019-02-01 to 2019-04-302,942,435USD89
2018-11-01 to 2019-04-305,386,255USD181
2018-02-01 to 2018-04-301,238,319USD89
2017-11-01 to 2018-04-302,234,444USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2019-02-01 to 2019-04-302,942,435USD89
2018-11-01 to 2019-04-305,386,255USD181
2018-02-01 to 2018-04-301,165,146USD89
2017-11-01 to 2018-04-302,234,444USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2018-11-01 to 2019-04-30842,270USD181
2017-11-01 to 2018-04-30565,000USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2019-04-30-24,278,606USD
At 2018-10-31-26,104,740USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2019-02-01 to 2019-04-301,514,514,259shares89
2018-11-01 to 2019-04-301,506,628,559shares181
2018-02-01 to 2018-04-30355,330,860shares89
2017-11-01 to 2018-04-30313,832,292shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2019-02-01 to 2019-04-302,144,219,259shares89
2018-11-01 to 2019-04-302,136,333,559shares181
2018-02-01 to 2018-04-30355,330,860shares89
2017-11-01 to 2018-04-30313,832,292shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2019-02-01 to 2019-04-300USD/shares89
2018-11-01 to 2019-04-300USD/shares181
2018-02-01 to 2018-04-300USD/shares89
2017-11-01 to 2018-04-300USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2019-02-01 to 2019-04-300USD/shares89
2018-11-01 to 2019-04-300USD/shares181
2018-02-01 to 2018-04-300USD/shares89
2017-11-01 to 2018-04-300USD/shares181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2019-04-3014,725USD
At 2018-10-3115,622USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2019-02-01 to 2019-04-30290,573USD89
2018-11-01 to 2019-04-30290,573USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2019-02-01 to 2019-04-30-243,688USD89
2018-11-01 to 2019-04-30-281,046USD181
2018-02-01 to 2018-04-30-307,289USD89
2017-11-01 to 2018-04-30-537,355USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2019-04-302,604,453USD
At 2018-10-311,386,485USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2019-04-302,846,987USD
At 2018-10-312,960,336USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2019-04-30307,377USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2019-04-301,836,294USD
At 2018-10-311,246,301USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2019-02-01 to 2019-04-30695,993USD89
2018-11-01 to 2019-04-301,099,704USD181
2018-02-01 to 2018-04-30445,854USD89
2017-11-01 to 2018-04-30807,028USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2019-04-30252,861USD
At 2018-10-3190,589USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2019-02-01 to 2019-04-30452,305USD89
2018-11-01 to 2019-04-30818,658USD181
2018-02-01 to 2018-04-30138,565USD89
2017-11-01 to 2018-04-30269,673USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2019-02-01 to 2019-04-302,490,130USD89
2018-11-01 to 2019-04-304,567,597USD181
2018-02-01 to 2018-04-301,026,581USD89
2017-11-01 to 2018-04-301,964,771USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2019-04-301,654,529,899shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2019-04-3022,853,274USD
At 2018-10-3122,545,691USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2019-02-01 to 2019-04-302,164,614USD89
2018-11-01 to 2019-04-301,826,134USD181
2018-02-01 to 2018-04-30-337,740USD89
2017-11-01 to 2018-04-30-968,545USD181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2019-02-01 to 2019-04-30236,468USD89
2018-11-01 to 2019-04-30430,303USD181
2018-02-01 to 2018-04-30127,141USD89
2017-11-01 to 2018-04-30273,092USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2019-02-01 to 2019-04-302,408,302USD89
2018-11-01 to 2019-04-302,107,180USD181
2018-02-01 to 2018-04-30-30,451USD89
2017-11-01 to 2018-04-30-431,190USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2018-11-01 to 2019-04-3081,260USD181
2017-11-01 to 2018-04-3053,508USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2018-11-01 to 2019-04-30589,993USD181
2017-11-01 to 2018-04-3056,113USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2018-11-01 to 2019-04-30162,272USD181
2017-11-01 to 2018-04-30-279,453USD181

Inspect the source

Entity
VERUS INTERNATIONAL, INC. / CIK 0001430523
Captured
SEC response SHA-256
16880f121d65f56b93d9220adb8a3262bfea0deef806aee62d603e48a25d9440

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001430523.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))