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VERUS INTERNATIONAL, INC.: 10-K filed 2020-04-13

What VERUS INTERNATIONAL, INC. reported in its annual report filed 2020-04-13 (fiscal FY 2019): 32 published measures, 60 facts as tagged in accession 0001493152-20-006232.

This filing

Form
10-K (annual report)
Filed
2020-04-13
Fiscal period
fiscal FY 2019
Accession
0001493152-20-006232 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 2019-10-315,225,442USD
At 2018-10-311,402,107USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-10-31-926,320USD
At 2018-10-31-1,558,229USD
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 2019-10-31371,898USD
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
2018-11-01 to 2019-10-31-2,389,850USD365
2017-11-01 to 2018-10-31-2,824,292USD365

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 2019-10-31-2,238,364USD365
2017-11-01 to 2018-10-31-1,070,299USD365

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
2018-11-01 to 2019-10-3113,611,101USD365
2017-11-01 to 2018-10-315,802,037USD365

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 2019-10-312,692,828USD365
2017-11-01 to 2018-10-31790,250USD365

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2018-11-01 to 2019-10-31-111,120USD365
2017-11-01 to 2018-10-31-15,622USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2019-10-31-28,494,590USD
At 2018-10-31-26,104,740USD

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 2019-10-3123,257USD
At 2018-10-3115,622USD

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
2018-11-01 to 2019-10-31-4,116,881USD365
2017-11-01 to 2018-10-31-910,498USD365

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 2019-10-314,364,478USD
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 2019-10-316,151,762USD
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 2019-10-31837,707USD

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 2019-10-313,319,687USD
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
2018-11-01 to 2019-10-316,181,569USD365
2017-11-01 to 2018-10-311,659,082USD365

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 2019-10-31598,515USD
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
2018-11-01 to 2019-10-312,064,688USD365
2017-11-01 to 2018-10-31748,584USD365

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
2018-11-01 to 2019-10-3111,546,413USD365
2017-11-01 to 2018-10-315,053,453USD365

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 2019-10-312,305,778,511shares

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 2019-10-3127,565,919USD
At 2018-10-3122,545,691USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2019-10-3186,554USD
At 2018-10-3182,719USD

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
2018-11-01 to 2019-10-31-2,389,850USD365
2017-11-01 to 2018-10-31-3,083,478USD365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2018-11-01 to 2019-10-31-2,389,850USD365
2017-11-01 to 2018-10-31-2,751,368USD365

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
2018-11-01 to 2019-10-311,544,689USD365
2017-11-01 to 2018-10-31585,732USD365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2018-11-01 to 2019-10-313,835USD365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2018-11-01 to 2019-10-3163,950USD365

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
2018-11-01 to 2019-10-311,727,031USD365
2017-11-01 to 2018-10-31-2,172,980USD365

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 2019-10-3197,734USD365
2017-11-01 to 2018-10-3153,508USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2018-11-01 to 2019-10-31500,000USD365

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 2019-10-312,618,016USD365
2017-11-01 to 2018-10-31433,553USD365

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 2019-10-31507,926USD365
2017-11-01 to 2018-10-31-250,599USD365

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.

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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"])))